Cost of Living in

Panama

HiraCost
Cost of living
One person
Family of 4
Total with rent $1234 $2611
Without rent $517 $2257
Rent & Utilities $546.21 $1292.6
Food $444 $1052
Transport $45.39 $123.67
Monthly salary after tax $793.68
Quality of life 55.63
Population 44.7K

The cost of living in Panama is $1234, which is 1 times more expensive than the average in Panama. Panama ranked 8th most expensive in Panama.

The average salary after taxes in Panama is $793.68, which is enough to cover living expenses for 0.7 months.

Panama
We calculate prices for Panama State as a population-weighted mean of 15 cities. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.
Cost of living
One person
Rank
Total with rent $1234 8 / 10
Without rent $517 2 / 10
Rent & Utilities $546.21 4 / 10
Food $444 7 / 10
Transport $45.39 6 / 10
Rent & Utilities
1 bedroom apartment in city Center, 40 m2 or 430 ft2 662.07$
Cheap 1 bedroom apartment, 40 m2 or 430 ft2 471.54$
3 bedroom apartment in city Center, 80 m2 or 860 ft2 1646.52$
Cheap 3 bedroom apartment, 80 m2 or 860 ft2 797.34$
Utility Bill one person, electricity, heating, water, etc. 76.6$
Utility Bill for a Family, electricity, heating, water, etc. 128.63$
Internet plan, 50 Mbps+ 1 month unlimited 49.06$
Mortgage Interest Rate for 20 Years 6.93$
Apartment price to Buy in city Center, 1 m2 or 10 ft2 2377$
House price to Buy in Suburbs, 1 m2 or 10 ft2 1753$
Eating Out
Lunch Menu 14.58$
Dinner in a Restaurant, for 2 64.45$
Fast food meal, equiv. McDonald's 8.59$
Beer in a Pub, 0.5 L or 16 fl oz 3.55$
Cappuccino 3.42$
Pepsi / Coke, 0.5 L or 16.9 fl oz 2.1$
Transportation
Local transport ticket 0.42$
Monthly ticket local transport 33.86$
Taxi Ride, 8 km or 5 mi 17.27$
Gas / Petrol, 1 L or 0.26 gal 1.18$
Groceries
Milk, 1 L or 1 qt 1.85$
Bread, 0.5 kg or 1.1 lb 3.06$
Rice, 1 kg or 2.2 lb 2.63$
Eggs, x12 2.25$
Cheese, 1 kg or 2.2 lb 10.44$
Chicken Breast, 1 kg or 2.2 lb 6.74$
Round Steak, 1 kg or 2.2 lb 9.54$
Apples, 1 kg or 2.2 lb 3.54$
Banana, 1 kg or 2.2 lb 1.37$
Oranges, 1 kg or 2.2 lb 3.42$
Tomato, 1 kg or 2.2 lb 3.08$
Potato, 1 kg or 2.2 lb 2.03$
Onion, 1 kg or 2.2 lb 2.81$
Water, 1 L or 1 qt 1.19$
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.95$
Wine (mid-priced), 750 mL bottle 9.77$
Beer, 0.5 L or 16 fl oz 1.17$
Cigarette pack 6.66$
Cold medicince, 1 week 13.67$
Hair Shampoo 5.08$
Toilet paper, 4 rolls 2.79$
Toothpaste, 1 tube 2.65$
Other
Gym Membership, 1 month 47.23$
Cinema Ticket, 1 person 7.57$
Doctor's visit 45.55$
Haircut, simple 11.38$
Brand Jeans 43.44$
Brand Sneakers 103.69$
Daycare or Preschool, 1 month 360.67$
International Primary School, 1 year 8660$
Cost of living in other countries
Author: Editor: License: CC BY-SA 3.0 ID: ISO 3166-1 or "_[a-zA-Z]" if an ISO code is not available

States ranked from the most expensive to the cheapest ones

Rank
State
Cost of living
1Panama City (Panama)
$1638
2Panama Oeste
$1237
3Pacora
$1236
4San Miguelito
$1225
5Union Choco
$1133
6Penonome
$1128
7Veraguas
$1128
8Santiago de Veraguas
$1076
9Tocumen
$1027
10Panama Province
$1013
11Monaco
$7654
12Santa Barbara Province
$3469
13Singapore
$3385
14Neuchatel
$3164
15Ile-de-France
$2736
16Zurich
$2715
17California
$2710
18Queretaro
$2187
19United States
$2149
20Baden-Wurttemberg
$2044
21Aland
$2038
22Ostergotland
$1978
23Provence-Alpes-Cote dAzur
$1921
24Hoki
$1897
25Auvergne-Rhone-Alpes
$1891
26Liege
$1878
27Plzen
$1831
28South Pyongan
$1816
29Hokkaido
$1802
30Tras-os-Montes e Alto Douro
$1703
31Nampo
$1690
32Jonkoping
$1661
33Rikuchu
$1633
34Sancti Spiritus
$1578
35Caceres
$1564
36Holguin
$1508
37Usti nad Labem
$1462
38Cadiz
$1459
39Orebro
$1456
40Kavala
$1444
41Limon
$1428
42Al Bahah
$1394
43Colon (Panama)
$1391
44Zlin
$1388
45Vastmanland
$1381
46Omi
$1355
47Tacuarembo
$1343
48Siauliai County
$1329
49Ahuachapan
$1327
50Shimosa
$1324
51Ciego de Avila
$1316
52Tokai
$1300
53Xanthi
$1280
54Dembeni
$1275
55Panama
$1271
56Bayamon
$1269
57Paysandu
$1264
58Usulutan
$1259
59Zilina
$1252
60Hyuga
$1251
61Guantanamo
$1238
62Panama
$1234
63Ioannina
$1231
64Igdir
$1230
65Panama Oeste
$1230
66San-Pedro
$1203
67Klaipeda
$1201
68Tillaberi
$1200
69Etchu
$1194
70Vlore
$1194
71Constanta
$1189
72Kai
$1170
73Pinar del Rio
$1161
74Riga Planning Region
$1154
75Camaguey
$1149
76San Pedro de Macoris
$1138
77Lodz
$1132
78Chania
$1130
79Causeni
$1128
80Presov
$1128
81Calarasi (Moldova)
$1117
82Kermanshah
$1116
83Franche-Comte
$1113
84Yoro
$1112
85Tekirdag
$1111
86Zambezia
$1107
87Bahia
$1102
88Setubal
$1097
89Drama
$1085
90Kastoria
$1081
91Suo
$1080
92Balikesir
$1075
93Thies
$1074
94Trencin
$1063
95Serres
$1060
96Dubasari
$1050
97Rethymno
$1045
98Equateur
$1036
99Espirito Santo
$1034
100Suchitepequez
$1030
101Haut-Uele
$1027
102Gabu
$1019
103Straseni
$1015
104Brasov
$1014
105Goias
$1013
106Boke
$1007
107Mexico
$1007
108Totomi
$995
109Siauliai
$994
110Colon (Cuba)
$992
111Banska Bystrica
$983
112Panevezys
$969
113Iasi
$963
114Sao Paulo
$961
115Kozuke
$956
116Klaipeda County
$952
117Izmir
$949
118Osumi
$945
119Kutahya
$934
120Quilpue
$930
121Hradec Kralove
$929
122Kasai
$920
123Kasai-Oriental
$919
124Gueckedou
$918
125Michoacan
$908
126Eskisehir
$906
127Extreme-Nord
$900
128Solola
$897
129Timis
$890
130Bafata
$878
131Kahramanmaras
$878
132Usak
$877
133Guatemala
$876
134Uige
$872
135Dien Bien
$871
136Estado de Mexico
$864
137Yucatan
$864
138Durres
$856
139Guaira
$856
140Municipality of Chisinau
$854
141Diyarbakir
$850
142Cotui
$846
143Ceara
$845
144Francisco Morazan
$845
145Botosani
$841
146Esteli
$838
147Buzau
$834
148Botosani
$829
149Forecariah
$826
150Kirikkale
$816
151Maan
$816
152San Luis Potosi
$814
153Boyaca
$812
154Tucuman
$812
155Caras-Severin
$810
156Neuquen
$806
157Bekes
$799
158Hoki Province
$787
159Adiyaman
$779
160Arges
$779
161Neamt
$777
162Raska
$771
163Atlantico
$768
164Marijampole
$762
165Para
$756
166Gyor-Moson-Sopron
$755
167Ialomita
$751
168Veszprem
$751
169Wasit
$751
170Huila
$747
171Sirvan
$747
172Canakkale
$743
173Aydin
$733
174Elazig
$730
175Chisinau
$726
176Nuevo Leon
$720
177Shkoder
$718
178Korce
$710
179Khuzestan
$708
180Copiapo
$705
181Bazega
$694
182Curico
$692
183Hamadan
$689
184Mures
$683
185Passore
$680
186Braila
$675
187Oueme
$671
188Bistrita-Nasaud
$669
189Iasi
$668
190Djibouti
$666
191Rezekne
$664
192Laayoune
$660
193Nghe An
$657
194Awash
$655
195Elazig
$650
196Leon (Nicaragua)
$648
197Gilan
$644
198Meknes
$634
199Mures
$633
200Khenifra
$631
201Tuyen Quang
$628
202Bacau
$624
203Paraguari
$622
204Caras-Severin
$620
205Piaui
$620
206Binh Phuoc
$612
207Osh
$608
208Chuy Province
$607
209Vinh Long
$607
210Anse-a-Veau
$604
211Dambovita
$604
212Medias
$602
213Koulpelogo
$595
214Anosy
$594
215Rio San Juan
$590
216Bac Lieu
$587
217Ninh Thuan
$585
218Setif
$582
219Duzce
$573
220Ain Beida
$572
221North Ossetia-Alania
$572
222Agri
$569
223Maramures
$569
224Al Mahwit
$568
225Hau Giang
$567
226Dak Lak
$566
227Al Hoceima
$562
228Nis
$561
229Sidi Bel Abbes
$553
230Cadiz
$542
231Valcea
$542
232Kelaat Sraghna
$539
233Bac Giang
$536
234Soc Trang
$535
235Miragoane
$533
236Bechar
$531
237Menaka
$525
238Ba Ria-Vung Tau
$522
239Karbala
$522
240Lere
$516
241Stavropol
$514
242Yen Bai
$513
243Kirklareli
$512
244Hajjah
$507
245Son La
$502
246San Andres
$500
247Inezgane-Ait Melloul
$498
248Sadah
$495
249Dhaka
$489
250Sale
$489
251Corum
$484
252Concepcion (Paraguay)
$482
253Binh Dinh
$480
254Oulmes
$480
255Caaguazu
$478
256Arta
$476
257Dong Nai
$473
258Lang Son
$470
259Salar
$470
260Kenitra
$467
261Quang Tri
$466
262Ayni
$465
263Dong Thap
$463
264Narino
$462
265Maharashtra
$461
266Quang Ninh
$453
267Nam Dinh
$448
268Ain Temouchent
$444
269Thanh Hoa
$444
270Sanaa
$443
271MSila
$441
272Binh Duong
$438
273Homs
$436
274Khemisset
$435
275Medenine
$433
276Ca Mau
$431
277Kebili
$431
278Thua Thien Hue
$431
279Beni Mellal-Khenifra
$429
280Ain Defla
$426
281Mazandaran
$426
282Binh Thuan
$424
283Tamba
$423
284Jaen (Peru)
$422
285Tetouan
$414
286Al Bayda
$412
287Ysyk-Kol
$411
288Tebessa
$409
289Bejaia
$405
290Misratah
$399
291Baghlan
$398
292El Kelaa des Sraghna
$398
293Daharia
$393
294Al Bayda
$390
295San Joaquin
$389
296Tay Ninh
$389
297Bordj Bou Arreridj
$384
298Kien Giang
$381
299Saida
$381
300Gabes
$377
301Kosice
$372
302Sabha
$365
303Bihar
$363
304Kien Giang
$363
305Quang Nam
$363
306Samana
$360
307Medea
$333
308Ben Tre
$324
309Naama
$302

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