Cost of living
Bocas del Toro compared to Colon (Panama)
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Overview comparison
Bocas del ToroColon (Panama)
Consumer prices in Colon (Panama) are roughly 4% higher than in Bocas del Toro.
Cost of living
| Item | Bocas del Toro | Colon (Panama) |
|---|
| Total with rent one person | 1,228 | 1,391 |
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| Total with rent family | 2,593 | 3,133 |
|---|
| Without rent one person | 672 | 683 |
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| Without rent one family | 1,677 | 1,537 |
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| Rent & Utilities person | 401.44 | 695.18 |
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| Rent & Utilities family | 894.06 | 859.12 |
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| Food person | 413 | 395 |
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| Food family | 976 | 1,422 |
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| Transport person | 47.25 | 58.82 |
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| Transport family | 136.4 | 146.17 |
|---|
| Life expectancy | 80.01 years | 84.2 years |
|---|
Eating Out
| Item | Bocas del Toro | Colon (Panama) |
|---|
| Lunch Menu | 10.11 | 13.95 |
|---|
| Dinner in a Restaurant, for 2 | 52.28 | 48.9 |
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| Fast food meal, equiv. McDonald's | 6.3 | 6.74 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.02 | 3.24 |
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| Cappuccino | 2.95 | 3.59 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.12 | 1.71 |
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Rent & Utilities
| Item | Bocas del Toro | Colon (Panama) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 569.99 | 507.18 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 267.72 | 482.32 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,000.23 | 757.11 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 480.69 | 518.98 |
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| Utility Bill one person, electricity, heating, water, etc. | 74.11 | 97.62 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 123.91 | 183.74 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 49.45 | 52.52 |
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Transportation
| Item | Bocas del Toro | Colon (Panama) |
|---|
| Local transport ticket | 6.12 | 5.26 |
|---|
| Monthly ticket local transport | 2,336 | 2,176 |
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| Taxi Ride, 8 km or 5 mi | 1,789 | 1,323 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.64 | 0.39 |
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| Mortgage Interest Rate for 20 Years | 40.1% | 32.95% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 14.62 | 11.81 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.82 | 1.02 |
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Groceries
| Item | Bocas del Toro | Colon (Panama) |
|---|
| Milk, 1 L or 1 qt | 1.78 | 1.64 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1.98 | 1.99 |
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| Eggs, x12 | 2.59 | 2.79 |
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| Cheese, 1 kg or 2.2 lb | 10.85 | 10.3 |
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| Chicken Breast, 1 kg or 2.2 lb | 8.68 | 7.43 |
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| Round Steak, 1 kg or 2.2 lb | 9.75 | 9.55 |
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| Banana, 1 kg or 2.2 lb | 1.73 | 1.32 |
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| Water, 1 L or 1 qt | 1.07 | 0.85 |
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Other
| Item | Bocas del Toro | Colon (Panama) |
|---|
| Gym Membership, 1 month | 32.85 | 23.39 |
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| Cinema Ticket, 1 person | 5.34 | 5.67 |
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| Doctors visit | 34.08 | 45.16 |
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| Haircut, simple | 7.24 | 6.51 |
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| Brand Jeans | 42.84 | 42.65 |
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| Brand Sneakers | 77.51 | 82.67 |
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| Daycare or Preschool, 1 month | 405.57 | 430.68 |
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| International Primary School, 1 year | 7,321 | 7,967 |
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