Cost of Living in

Panama City (Panama)

HiraCost
Cost of living
One person
Family of 4
Total with rent $1638 $3596
Without rent $704 $1918
Rent & Utilities $843.13 $1715.82
Food $437 $1296
Transport $75 $245.29
Monthly salary after tax $837.1
Quality of life 83.15
Life expectancy 70.34
Population 979.2K

The cost of living in Panama City (Panama) is $1638, which is 1 times more expensive than the average in Panama City (Panama). Panama City (Panama) ranked th most expensive in Panama City (Panama).

The average salary after taxes in Panama City (Panama) is $837.1, which is enough to cover living expenses for 0.6 months.

Panama City (Panama)
We calculate prices for Panama City (Panama) State as a population-weighted mean of 0 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 $1638 /
Without rent $704 /
Rent & Utilities $843.13 /
Food $437 /
Transport $75 /
Rent & Utilities
1 bedroom apartment in city Center, 40 m2 or 430 ft2 756.23$
Cheap 1 bedroom apartment, 40 m2 or 430 ft2 582.27$
3 bedroom apartment in city Center, 80 m2 or 860 ft2 1782.62$
Cheap 3 bedroom apartment, 80 m2 or 860 ft2 1107.26$
Utility Bill one person, electricity, heating, water, etc. 66.1$
Utility Bill for a Family, electricity, heating, water, etc. 143.25$
Internet plan, 50 Mbps+ 1 month unlimited 47.31$
Mortgage Interest Rate for 20 Years 6.84$
Apartment price to Buy in city Center, 1 m2 or 10 ft2 2670$
House price to Buy in Suburbs, 1 m2 or 10 ft2 1395$
Eating Out
Lunch Menu 9.63$
Dinner in a Restaurant, for 2 43.56$
Fast food meal, equiv. McDonald's 7.98$
Beer in a Pub, 0.5 L or 16 fl oz 3.56$
Cappuccino 4.06$
Pepsi / Coke, 0.5 L or 16.9 fl oz 1.58$
Transportation
Local transport ticket 0.31$
Monthly ticket local transport 26.33$
Taxi Ride, 8 km or 5 mi 12.38$
Gas / Petrol, 1 L or 0.26 gal 0.93$
Groceries
Milk, 1 L or 1 qt 1.44$
Bread, 0.5 kg or 1.1 lb 1.69$
Rice, 1 kg or 2.2 lb 2.44$
Eggs, x12 2.51$
Cheese, 1 kg or 2.2 lb 14.6$
Chicken Breast, 1 kg or 2.2 lb 7.11$
Round Steak, 1 kg or 2.2 lb 8.98$
Apples, 1 kg or 2.2 lb 2.91$
Banana, 1 kg or 2.2 lb 1.32$
Oranges, 1 kg or 2.2 lb 3.64$
Tomato, 1 kg or 2.2 lb 3.44$
Potato, 1 kg or 2.2 lb 2.07$
Onion, 1 kg or 2.2 lb 2.79$
Water, 1 L or 1 qt 1.01$
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.64$
Wine (mid-priced), 750 mL bottle 7.32$
Beer, 0.5 L or 16 fl oz 1.09$
Cigarette pack 5.36$
Cold medicince, 1 week 8.92$
Hair Shampoo 7.26$
Toilet paper, 4 rolls 2.81$
Toothpaste, 1 tube 3.6$
Other
Gym Membership, 1 month 47.39$
Cinema Ticket, 1 person 7.28$
Doctor's visit 50.48$
Haircut, simple 12.21$
Brand Jeans 56.45$
Brand Sneakers 92.06$
Daycare or Preschool, 1 month 519.33$
International Primary School, 1 year 8740$
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

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