Cost of living and prices in Panama City, prices of food, rent, shopping, etc. 🇵🇦
Updated Jun 2021

Contents

Restaurants prices
Markets prices
Transportation prices
Utilities Per Month prices
Sports And Leisure prices
Salaries And Financing prices
Childcare prices
Clothing And Shoes prices
Rent Per Month prices
Buy Apartment prices

Panama City, city in Panama located in Central America. Coordinates: 8.98238 latitude and -79.51987 longitude. It is situated at elevation 17 meters above sea level. Panama City has a population of 880691 people. It operates on the America/Panama time zone, GMT: -5.0.

Cost of Living Estimate in Panama City

Total cost of living in Panama City for two person with average consumption for one month will be 1085.44 USD, no rent price included. Click here to calculate cost-of-living estimate in Panama City

You can calculate cost of living in Panama City by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Meal in Inexpensive Restaurant
12.50 $
Meal for 2 People, Mid-range Restaurant, Three-course
50.00 $
McMeal at McDonalds or Alternative Combo Meal
7.00 $
Domestic Beer, 0.5 liter Draught
2.50 $
Imported Beer, 0.33 liter Bottle
3.50 $
Cappuccino
3.10 $
Coca-Cola, 0.33 liter Bottle
1.36 $

Markets prices

Water, 0.33 liter Bottle
1.08 $
Milk, Regular,1 liter
1.53 $
Loaf of Fresh White Bread, 0.5 kg
1.94 $
White Rice, 1 kg
1.98 $
Eggs, 12 pack
2.16 $
Local Cheese, 1 kg
10.16 $
Chicken Breasts, Boneless and Skinless, 1 kg
7.70 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
11.18 $
Apples, 1 kg
3.69 $
Banana, 1 kg
1.82 $
Oranges, 1 kg
2.70 $
Tomato, 1 kg
2.78 $
Potato, 1 kg
2.27 $
Onion, 1 kg
2.41 $
Lettuce, 1 head
2.12 $
Water, 1.5 liter Bottle
1.48 $
Bottle of Wine, Mid-Range Price
10.00 $
Domestic Beer, 0.5 liter Bottle
1.03 $
Imported Beer, 0.33 liter Bottle
2.10 $
Pack of Cigarettes
6.00 $

Transportation prices

One-way Ticket, Local Transport
0.25 $
Monthly Pass, Regular Price
20.00 $
Taxi Start, Normal Tariff
2.25 $
Taxi, price for 1 km, Normal Tariff
2.00 $
Taxi, price for 1 hour Waiting, Normal Tariff
10.00 $
Gasoline, 1 liter
0.77 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
19,500.00 $

Utilities Per Month prices

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
97.00 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.14 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
47.08 $

Sports And Leisure prices

Fitness Club, Monthly Fee for 1 Adult
49.42 $
Tennis Court Rent, 1 Hour on Weekend
25.00 $

Salaries And Financing prices

Cinema ticket, 1 Seat
6.50 $
Average Monthly Net Salary, After Tax
804.99 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
5.36 %

Childcare prices

Private Preschool or Kindergarten, Monthly for 1 Child
299.76 $
International Primary School, Yearly for 1 Child
8,272.22 $

Clothing And Shoes prices

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
52.83 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
39.60 $
Pair of Running Shoes, Mid-Range Price
72.83 $
Pair of Leather Business Shoes
91.00 $

Rent Per Month prices

One bedroom apartment in city centre
882.61 $
One bedroom apartment outside of city centre
556.82 $
Three bedroom apartment in city centre
1,582.69 $
Three bedroom apartment outside of city centre
1,011.36 $

Buy Apartment prices

Price per m2 to Buy Apartment in City Center
2,304.97 $
Price per m2 to Buy Apartment Outside of City Center
1,677.16 $

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