Panama
Wikipedia: Panama Canal
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Panama

Trust 68
Cities tracked
2
Local currency
.
68
Relocation

Living here, beyond cost

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Median fixed internet
Top income tax
Panama

About Panama

Costs exclude rent
Single / month
$639
Family of 4 / mo
$1,647
Internet
143.88Mbps
Interest rate
1%
Inflation
0.34%
Population
4.46M

Panama is a beautiful country located in Central America, famous for its stunning scenery and rich culture. It is best known for the Panama Canal, a remarkable engineering feat that connects the Atlantic and Pacific Oceans, allowing ships to pass through easily. The capital city, Panama City, is a vibrant place with a mix of modern skyscrapers and historic buildings.

Data aggregated from public cost-of-living sources. See About for methodology.Wikipedia · Wikipedia (CC BY-SA)· Updated May 22, 2026

Most affordable cities

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All cities

Showing: Single person. Family figures marked “~” are estimated from single-person data (×2.7).

Food & drink

Cost breakdown

verified estimated rough

Filters items shown below only — for a global search, use the bar in the header.

Fashion

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

Financial

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

Food - Beverages

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

Food - Dining

  • Casual Dining ExperienceroughUSD $8.78
  • Upscale Dinner for TworoughUSD $60.75
  • Fast Food ComboroughUSD $8.78

Food - Grocery

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

Housing

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

Leisure

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

Transportation

  • One-Way Local Transport FareroughUSD $0.47
  • 1 Hour Taxi WaitroughUSD $20.25
  • Average Taxi Fare for 1 kmroughUSD $4.35
  • Average Rate to Start a Taxi RideroughUSD $2.7
  • Average Monthly Cost of Public Transport PassroughUSD $40.5
  • Average Price of a New Compact Hatchback CarroughUSD $31,388
  • Average Price of a New Sedan CarroughUSD $26,162

Utilities (Monthly)

  • Internet Service (60 Mbps or More, Unlimited)roughUSD $59.93
  • Average Monthly Cost for Essential Utilities in a 915 sq. ft. ApartmentroughUSD $116.17
See something wrong? Anonymous, no account needed.

Costs reflect a typical lifestyle in each place, excluding rent unless stated. Numbers are a starting point — always cross-check before big decisions.

  • Single / Family of 4 toggle. Family ≈ 2.7× single when no verified figure exists.
  • Estimated values use a ~ prefix and an "Estimated" label.
  • Spot something off? Hit Report — corrections reach consensus automatically.
How we calculate these numbers

When local data is missing (e.g. salary for a smaller city), we estimate from peer cities in the same country using a median ratio.

Full methodology, assumptions, and formulas live on our About page.