Cost of living in Panama City
compared to
Tip: Try viewing our aggregate cost of living in Panama
to see the average cost of cities throughout Panama, like
David,
Panama City,
Boquete,
Coronado,
Bocastown,
and more.
Cost
|
Range | |
---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$5.00
-
$20.00
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$8.00
-
$10.00
|
Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.00
-
$3.00
|
Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.00
-
$3.00
|
Panama City - Cost of restaurants
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Cost
|
Range | |
---|---|---|
Bread
1 loaf
|
$2.51
PAB2.51
|
$1.10
-
$3.97
|
Local cheese (8 oz) |
$6.39
PAB6.39
|
$2.00
-
$9.00
|
Milk (1 gallon) |
$6.80
PAB6.80
|
$5.64
-
$7.57
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$1.20
-
$3.60
|
Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$1.72
-
$5.35
|
Apples (1 lb) |
$1.48
PAB1.48
|
$0.68
-
$2.27
|
Bananas (1 lb) |
$0.72
PAB0.72
|
$0.35
-
$1.36
|
Oranges (1 lb) |
$1.24
PAB1.24
|
$0.45
-
$2.95
|
Tomatoes (1 lb) |
$1.40
PAB1.40
|
$0.55
-
$1.81
|
Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.45
-
$1.36
|
Onions (1 lb) |
$1.15
PAB1.15
|
$0.45
-
$1.86
|
Panama City - Cost of groceries
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Cost
|
Range | |
---|---|---|
Gasoline (1 gallon) |
$3.69
PAB3.69
|
$3.33
-
$4.54
|
Monthly public transit pass |
$25.00
PAB25.00
|
$20.00
-
$45.00
|
New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$15,000.00
-
$20,000.00
|
Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$9.75
-
$43.00
|
Panama City - Cost of transportation
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Cost
|
Range | |
---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$40.00
-
$78.00
|
1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$600.00
-
$1,500.00
|
1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$400.00
-
$1,300.00
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$61.18
-
$191.18
|
Panama City - Cost of housing
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Cost
|
Range | |
---|---|---|
Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$330.00
-
$565.00
|
Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$6,000.00
-
$14,400.00
|
Panama City - Cost of childcare
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Cost
|
Range | |
---|---|---|
Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$1.60
-
$4.00
|
Cappuccino in mid-range area |
$3.59
PAB3.59
|
$2.00
-
$5.00
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$5.00
-
$7.50
|
Monthly membership at local gym |
$47.27
PAB47.27
|
$15.00
-
$120.00
|
Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$6.00
-
$15.00
|
Panama City - Cost of entertainment and sports
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Cost
|
Range | |
---|---|---|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$35.00
-
$80.00
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$10.00
-
$80.00
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$60.00
-
$100.00
|
Men's business shoes (leather) |
$108.75
PAB108.75
|
$40.00
-
$200.00
|
Panama City - Cost of clothing
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