Panama
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Panama

Trust 68
Est. monthly cost
$1,381
Cities tracked
2
Local currency
.
68
Relocation

Living here, beyond cost

Visa-free for
Safety index
Median fixed internet
Top income tax

Most affordable cities

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All cities

Food & drink

Cost breakdown

verified estimated rough

Fashion

  • Summer Dress from Chain Stores (e.g., Zara, H&M)rough$52.95
  • Classic Jeans (e.g., Levi's 501)rough$60.98
  • Men's Dress Shoesrough$107.39
  • Midrange Nike Running Shoesrough$92.39

Financial

  • Average Monthly Salary After Taxrough$956.61
  • Mortgage Interest Rate (20-Year Fixed)rough$5

Food - Beverages

  • Local Draft Beer (Pint)rough$2.7
  • Imported Beer (Small Bottle)rough$4.73
  • Cappuccinorough$4.05
  • Soft Drinks (350 ml Bottle)rough$2.05
  • Bottled Water (350 ml)rough$1.62

Food - Dining

  • Casual Dining Experiencerough$8.78
  • Upscale Dinner for Tworough$60.75
  • Fast Food Comborough$8.78

Food - Grocery

  • White Rice (1 kg)rough$2.55
  • Milk (1 litre)rough$2.36
  • Fresh White Bread (1 kg)rough$5.46
  • Dozen Eggsrough$2.82
  • Local Cheese (1 kg)rough$12.12
  • Chicken Fillets (1 kg)rough$8.85
  • Beef Round (1 kg)rough$10.51
  • Apples (1 kg)rough$4.01
  • Bananas (1 kg)rough$1.75
  • Oranges (1 kg)rough$3.21
  • Tomatoes (1 kg)rough$3.89
  • Potatoes (1 kg)rough$2.61

Housing

  • Average Rent of 3-Bedroom Apartment Outside City Centerrough$1,107
  • Average Cost per Square Foot for Apartments Outside City Centerrough$154.98
  • Average Cost per Square Foot for Apartments in City Centerrough$246.12
  • Average Rent of 1-Bedroom Apartment in City Centerrough$974.32
  • Average Rent of 1-Bedroom Apartment Outside City Centerrough$580.5
  • Average Rent of 3-Bedroom Apartment in City Centerrough$1,744

Leisure

  • Cinema Ticket (International Release)rough$7.09
  • Yearly Cost for International Primary School (1 Child)rough$16,545
  • Monthly Fee for Fitness Club Membership (1 Adult)rough$49.42
  • Tennis Court Rental (1 Hour, Weekend)rough$37.38
  • Monthly Fee for Private Kindergarten (1 Child)rough$476.44

Transportation

  • One-Way Local Transport Farerough$0.47
  • 1 Hour Taxi Waitrough$20.25
  • Average Taxi Fare for 1 kmrough$4.35
  • Average Rate to Start a Taxi Riderough$2.7
  • Average Monthly Cost of Public Transport Passrough$40.5
  • Average Price of a New Compact Hatchback Carrough$31,388
  • Average Price of a New Sedan Carrough$26,162

Utilities (Monthly)

  • Internet Service (60 Mbps or More, Unlimited)rough$59.93
  • Average Monthly Cost for Essential Utilities in a 915 sq. ft. Apartmentrough$116.17
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