Wikipedia (CC BY-SA)
Panama City, Panama
Trust 47
Country
Panama
58
Relocation
About Panama City, Panama
Costs exclude rentSingle / month
$676
Family of 4 / mo
$1,741
Avg salary (after tax)
$1,083
Panama City, the capital of Panama, is a vibrant and exciting place to visit. It sits where the Pacific Ocean meets the Panama Canal, a famous waterway that connects the Atlantic and Pacific Oceans. The city has a mix of modern skyscrapers and historic buildings, which shows its rich history and growth.
Cost breakdown by category
Cost breakdown
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Fashion
- Men's Dress ShoesUSD $121.5
- Classic Jeans (e.g., Levi's 501)USD $70.09
- Summer Dress from Chain Stores (e.g., Zara, H&M)USD $57.19
- Midrange Nike Running ShoesUSD $101.59
Financial
- Mortgage Interest Rate (20-Year Fixed)USD $5
- Average Monthly Salary After TaxUSD $1,083
Food - Beverages
- Soft Drinks (350 ml Bottle)USD $2.25
- Imported Beer (Small Bottle)USD $6.75
- Local Draft Beer (Pint)USD $3.38
- Bottled Water (350 ml)USD $1.89
- CappuccinoUSD $4.39
Food - Dining
- Casual Dining ExperienceUSD $10.8
- Upscale Dinner for TwoUSD $67.5
- Fast Food ComboUSD $8.78
Food - Grocery
- Beef Round (1 kg)USD $10.93
- Apples (1 kg)USD $3.83
- Bananas (1 kg)USD $1.81
- Oranges (1 kg)USD $3.36
- Tomatoes (1 kg)USD $4.43
- Potatoes (1 kg)USD $2.55
- Onions (1 kg)USD $2.61
- Lettuce (1 Head)USD $3.16
- Bottled Water (1.5L)USD $1.92
- Midrange Bottle of WineUSD $13.5
- Marlboro (20-Pack)USD $7.83
- Chicken Fillets (1 kg)USD $9.53
- Local Cheese (1 kg)USD $10.34
- Dozen EggsUSD $2.84
- White Rice (1 kg)USD $2.64
- Fresh White Bread (1 kg)USD $5.38
- Milk (1 litre)USD $2.36
Housing
- Average Cost per Square Foot for Apartments in City CenterUSD $278.37
- Average Rent of 1-Bedroom Apartment in City CenterUSD $1,234
- Average Rent of 1-Bedroom Apartment Outside City CenterUSD $690.76
- Average Rent of 3-Bedroom Apartment in City CenterUSD $2,366
- Average Rent of 3-Bedroom Apartment Outside City CenterUSD $1,358
- Average Cost per Square Foot for Apartments Outside City CenterUSD $166.23
Leisure
- Monthly Fee for Fitness Club Membership (1 Adult)USD $55.24
- Tennis Court Rental (1 Hour, Weekend)USD $30.38
- Cinema Ticket (International Release)USD $8.1
- Monthly Fee for Private Kindergarten (1 Child)USD $499.5
- Yearly Cost for International Primary School (1 Child)USD $18,601
Transportation
- Average Taxi Fare for 1 kmUSD $4.24
- Average Rate to Start a Taxi RideUSD $3.38
- Average Price of a New Compact Hatchback CarUSD $32,738
- 1 Hour Taxi WaitUSD $27
- Average Monthly Cost of Public Transport PassUSD $40.5
- Average Price of a New Sedan CarUSD $28,176
- One-Way Local Transport FareUSD $0.47
Utilities (Monthly)
- Internet Service (60 Mbps or More, Unlimited)USD $61.91
- Average Monthly Cost for Essential Utilities in a 915 sq. ft. ApartmentUSD $138.81