Cost of living in Panama City
Panama City, Panama
compared to
Search to compare..
Cost of living in Panama City vs. Panama overall average
Panama City is 19.0% more expensive than Panama overall.
- Restaurants
-
pay 24.9% more in Panama City
- Groceries
-
pay 4.9% more in Panama City
- Transportation
-
pay 0.3% less in Panama City
- Housing
-
pay 29.1% more in Panama City
- Childcare
-
pay 49.8% more in Panama City
- Entertainment and Sports
-
pay 15.2% more in Panama City
- Clothing
-
pay 9.6% more in Panama City
The cost of childcare, housing, restaurants, entertainment and sports, clothing, and groceries in Panama City are more expensive than in Panama.
Panama City Cost of Living Breakdown
|
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
|
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
|
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
|
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
|
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
|
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
|
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
Tip: Try viewing our aggregate cost of living in Panama
to see the average cost of cities throughout Panama, like
Coronado,
David,
Bocastown,
Panama City,
Boquete,
and more.
For a detailed breakdown of Santa Cruz vs. the national average, see the cost of living in Panama compared to Panama City.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
Change currency:
United States Dollar (USD)