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
Life expectancy 78.99
Population 44.7K

The cost of living in Panama is $1234, which is 1 times more expensive than the average in Panama. Panama ranked th 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 /
Without rent $517 /
Rent & Utilities $546.21 /
Food $444 /
Transport $45.39 /
Rent & Utilities
1 bedroom apartment in city Center, 40 m2 or 430 ft2 662.07$
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
$1230
3San Miguelito
$1225
4Union Choco
$1133
5Penonome
$1128
6Veraguas
$1128
7Santiago de Veraguas
$1076
8Tocumen
$1027
9Panama Province
$1013
10Monaco
$7654
11Sydney
$2923
12Lindon
$2861
13Northern Territory
$2673
14Melbourne (Australia)
$2651
15Perth
$2533
16South Australia
$2493
17Brisbane
$2453
18Tasmania (Australia)
$2437
19Parramatta
$2249
20Western Australia
$2246
21Bunbury
$2225
22Feldkirch
$2217
23Adelaide (Australia)
$2212
24Queensland
$2198
25Southport (Australia)
$2187
26Berri
$2119
27Canberra
$2110
28Berwick (Australia)
$2104
29Launceston
$2104
30Ayr
$2084
31Geelong
$2082
32Coffs Harbour
$2045
33Peterborough
$2043
34Tarneit
$2040
35Ararat (Australia)
$2025
36Hobart (Australia)
$2014
37Innsbruck
$2008
38Sunshine Coast
$1991
39Sunbury (Australia)
$1966
40Graz
$1948
41Ipswich (Australia)
$1942
42Port Macquarie
$1927
43Rutherford (Australia)
$1919
44Pakenham
$1915
45Shepparton
$1895
46Klosterneuburg
$1885
47Geraldton
$1882
48Gold Coast
$1871
49Leonding
$1852
50Ormeau
$1842
51Bundaberg
$1820
52Darwin
$1781
53Gisborne (Australia)
$1781
54Clare
$1773
55Kingston (Australia)
$1760
56Lara (Australia)
$1751
57Bregenz
$1744
58Toowoomba
$1728
59Richmond (Australia)
$1725
60Dornbirn
$1717
61Leopold
$1710
62Modling
$1709
63Melton
$1687
64Hallein
$1681
65Linz
$1674
66Frankston
$1673
67Bathurst
$1670
68Hervey Bay
$1670
69Newcastle (Australia)
$1657
70Krems an der Donau
$1649
71Dubbo
$1647
72New South Wales
$1636
73Rockhampton
$1632
74Morawa
$1620
75Mildura
$1614
76Kapfenberg
$1597
77Australian Capital Territory
$1589
78Ganserndorf
$1588
79Blacktown
$1584
80Amstetten
$1582
81Albany
$1567
82Gladstone
$1554
83Hoppers Crossing
$1543
84Lower Austria
$1543
85Kalgoorlie
$1538
86Burgenland
$1527
87Cairns
$1516
88Dandenong
$1500
89Scottsdale
$1496
90Baden bei Wien
$1492
91Lustenau
$1490
92Klagenfurt
$1483
93Armavir
$1451
94Caloundra
$1445
95Yerevan
$1436
96Scone
$1428
97Vayots Dzor
$1420
98Wollongong
$1413
99Ballarat
$1411
100Carinthia (Austria)
$1408
101Orange (Australia)
$1381
102Wagga Wagga
$1362
103Korneuburg
$1359
104Kotayk
$1351
105Leoben
$1324
106Panama
$1234
107Ashtarak
$1232
108Bendigo
$1225
109Tashir
$1179
110Baden (Austria)
$1150
111Masis
$1116
112Shirak
$1093
113Townsville
$1089
114Kapan
$926
115Vanadzor
$913
116Goris
$887
117Guatemala
$876
118Bono East
$841
119Spitak
$824
120Gegharkunik
$799
121Gyumri
$726
122Djibouti
$666
123Tavush
$647
124Gemena
$644
125Syunik
$628
126Lori
$583
127Ontario (Australia)
$481
128Victoria (Australia)
$412

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