๐งฎ Cost of living in Panama City โ 2025 Breakdown
Solo: 1 adult ย |ย Couple: 2 adults ย |ย Family: 2 adults + 2 kids
Modest: Budget lifestyle ย |ย Average: Mid-range ย |ย Comfortable: Above average ย |ย Luxury: Premium lifestyle
Estimated monthly cost of living in Panama City for awith alifestyle is $1 210 per month.
| Category | Cost | Percentage |
|---|---|---|
| ๐ Rent | $480 | 39.7% |
| ๐ฐ Cost excluding Rent | $730 | 60.3% |
| ๐ฝ๏ธ of which Food | $267 | 22.1% |
| ๐ of which Transport | $37 | 3.1% |
| ๐ญ of which Leisure | $72 | 6.0% |
| ๐๏ธ of which Shopping | $42 | 3.5% |
| ๐งด of which PersonalCare | $35 | 2.9% |
| ๐ก of which Utilities | $77 | 6.4% |
| ๐ of which Markets | $130 | 10.8% |
| ๐น of which Miscellaneous | $68 | 5.6% |
| Total | $1 210 | 100% |
๐งฎ Detailed Cost of Living in Panama City
Housing
| Item | Cost |
|---|---|
| apartment studio inner center | $490 |
| apartment studio outside center | $320 |
| apartment studio suburb | $200 |
| apartment 1bedroom inner center | $700 |
| apartment 1bedroom outside center | $470 |
| apartment 1bedroom suburb | $335 |
| apartment 2bedroom inner center | $1 050 |
| apartment 2bedroom outside center | $650 |
| apartment 2bedroom suburb | $450 |
| apartment 3bedroom inner center | $1 850 |
| apartment 3bedroom outside center | $1 200 |
| apartment 3bedroom suburb | $975 |
Transport
| Item | Cost |
|---|---|
| one way ticket | $0 |
| monthly pass | $30 |
| taxi 1h | $8 |
Telecom
| Item | Cost |
|---|---|
| mobile phone plan 1month | $21 |
| internet plan 1month | $37 |
Personal Care
| Item | Cost |
|---|---|
| standard men haircut | $10 |
| tampons 1box | $5 |
| toilet paper 4rolls | $3 |
Childcare and Education
| Item | Cost |
|---|---|
| childcare private | $360 |
| international primary school | $2 300 |
| public university tuition | $650 |
Fitness and Leisure
| Item | Cost |
|---|---|
| fitness club | $46 |
| cinema ticket | $9 |
| museum entry average | $6 |
Shopping
| Item | Cost |
|---|---|
| jeans 1pair | $52 |
| dess 1item | $36 |
| nike shoes 1pair | $71 |
| business shoes 1pair | $64 |
Food and Grocery
| Item | Cost |
|---|---|
| meal fast food | $7 |
| meal basic restaurant 2people | $18 |
| meal mid restaurant 2people | $49 |
| coca pepsi 33l | $2 |
| water 33l | $1 |
| beer 33l | $2 |
| milk 1l | $2 |
| bread 500g | $2 |
| eggs 12nb | $2 |
| cheese 1kg | $9 |
| chicken 1pce | $3 |
| beef 1kg | $9 |
| apple 1kg | $3 |
| banana 1kg | $2 |
Stay
| Item | Cost |
|---|---|
| airbnb price per night | $59 |
| hotel price per night | $99 |
| hostel price per night | $29 |
Salary
| Item | Cost |
|---|---|
| average monthly gross salary before tax | $870 |
| average monthly net salary after tax | $695 |
| median monthly gross salary before tax | $755 |
| median monthly net salary after tax | $610 |
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