Cost of Living in Panama City
Image by Dronepicr via wikipedia

Panama

Cost of Living in Panama City

Panama Province

Last updated:October 15, 2026

Groceries

Apples 1kg
$3.24
Bananas 1kg
$1.48
Beef 1kg
$9.60
Bread 500g
$2.09
Chicken Breast 1kg
$5.24
Cigarettes (20 pack)
$6.00
Coca-Cola 2L
$2.37
Domestic Beer 500mL
$1.30
Eggs (12)
$2.80
Imported Beer 330mL
$2.39
lettuce
Lettuce 1kg
$2.12
Local Cheese 1kg
$9.05
Milk 1L
$1.81
onion
Onions 1kg
$2.80
Oranges 1kg
$2.58
Potatoes 1kg
$2.27
Rice 1kg
$2.61
Tomatoes 1kg
$2.78
Water 1.5L
$1.59
Wine Bottle
$10.00

Restaurants & Dining

Beer
$3.35
Cocktail
$11.00
Coffee
$4.23
Inexpensive Meal
$9.25
Mid-Range Meal
$53.25
Soda (Restaurant)
$1.63
Water
$1.32

Housing & Accommodation

1 Bedroom Apartment (City Center)
$1,038.84
1 Bedroom Apartment (Outside Center)
$758.50
3 Bedrooms Apartment (City Center)
$1,722.59
3 Bedrooms Apartment (Outside Center)
$1,252.13

Transportation

Car
$20,989.00
Gasoline 1L
$0.97
Monthly Pass
$24.75
One-way Ticket
$0.42
Taxi (per km)
$2.43
Taxi Start
$2.50
Taxi Trip
$9.00
Taxi Waiting (1 hour)
$22.00

Utilities

Basic Utilities (Small Apartment)
$98.00
Basic Utilities 85m²
$136.70
Internet
$43.78
Mobile Minute
$0.33
Phone Plan
$29.84

Entertainment

cinema
Cinema
$10.00
Gym
$52.64
Tennis Court
$32.50
Theater
$36.00

Personal Carepersonal care

Deodorant
$5.01
Haircut
$16.00
Shampoo
$8.00
Toilet Paper
$5.17
Toothpaste
$3.71

Clothing & Shoesclothing

Dress
$46.05
Jeans
$58.20
Leather Shoes
$111.63
sneakers
Sneakers
$93.66

Healthcare

Antibiotics
$20.00
Cold Medicine
$10.00
Doctor Visit
$54.00

Education

International School
$13,733.33
Preschool
$476.00

Other Expenses

Average Salary
$934.50
Cleaning
$7.00
Laundry Detergent
$12.00
Microwave
$99.00
Tablet
$617.00
TV
$334.00

Total Monthly Cost

$2,474

Overview

Airbnb Rent
$1,769

Median rent based on analysis of 53 apartments in October

Minimum$559
Maximum$3,718
Groceries
$276
Food Outside
$326
Base Cost
$103
Data Sources
NumbeoExpatistan

Cost Trends

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