Cost of living in Panama City in 2021

Cost of living in Panama City

Country: Panama

Last updated: May 2021

Overall:

Safety:

Fun:

Restaurants:

Estimated budget for 1 person in Panama City$
FOOD
Bread (400 g)*27 pieces, Potatoes (1 kg)*8.4 kg, White rice (1 kg)*5 kg, Onion (1 kg)*2.5 kg, Salad (1 kg)*2.5 kg, Tomatoes (1 kg)*5 kg, Apples (1 kg)*3 kg, Bananas (1 kg)*3 kg, Oranges (1 kg)*2 kg, Beef (1 kg)*4, Pork (1 kg)*2.5, Chicken fillet (1 kg)*6 kg, Milk (1 l)*20 l, Cheese (1 kg)*2 kg, Eggs (12)*4 pieces, Mineral water (1.5 l)*30 l
293.47$ 257.10
RENT
1-room apartment in a residential area*1, Internet*1
621.00$ 544.04
Restaurants
Lunch for 1 person (budget restaurant)*4, Cup of cappuccino*12, Coca Cola or Pepsi (330 ml bottle)*10, Big Mac menu*4, Beer (500 ml)*5, Local wine (1 bottle)*1
129.95$ 113.85
Transport
Public transport (1 month)*1, Taxi Start (Normal Tariff)*5, Taxi 1km (Normal Tariff)*20
80.00$ 70.09
Personal care
Toothpaste*1, Shampoo*1, Deodorant, roll-on (50ml ~ 1.5 oz.)*1, Cold and flu kit (for 6 days)*0.3, 1 visit to a private doctor*0.4
33.90$ 29.70
Entertaiment
1 movie ticket*3, 1 theater ticket*1, Gym (monthly subscription)*1, Cocktail at a nightclub*3
127.00$ 111.26
For 1 day, cheap varriant, per day in Panama City$
Hostel (for 1 person)*1 15.00$ 13.14
Bread (400 g)*1, Cheese (1 kg)*0.1, Milk (1 l)*1, Chicken fillet (1 kg)*0.3, Apples (1 kg)*0.3, Bananas (1 kg)*0.3, Oranges (1 kg)*0.3, Potatoes (1 kg)*0.5, Eggs (12)*0.4 9.97$ 8.73
Public transport (1 way ticket)*4 1.00$ 0.88
For 1 day, mid-range varriant, per day in Panama City$
Budget hotel (2-3 stars, 1 night)*1 40.00$ 35.04
Lunch for 1 person (budget restaurant)*3 30.00$ 26.28
Public transport (1 way ticket)*6 1.50$ 1.31
Food prices in Panama City$
Bread (400 g) 1.67$ 1.46
Milk (1 l) 1.44$ 1.26
Eggs (12) 2.00$ 1.75
Cheese (1 kg) 7.50$ 6.57
Chicken fillet (1 kg) 6.60$ 5.78
White rice (1 kg) 1.38$ 1.21
Onion (1 kg) 1.79$ 1.57
Salad (1 kg) 1.44$ 1.26
Potatoes (1 kg) 1.55$ 1.36
Tomatoes (1 kg) 2.90$ 2.54
Bananas (1 kg) 1.09$ 0.95
Apples (1 kg) 3.77$ 3.30
Oranges (1 kg) 3.65$ 3.20
Beef (1 kg) 8.00$ 7.01
Pork (1 kg) 7.20$ 6.31
Mineral water (1.5 l) 1.42$ 1.24
Restaurants in Panama City$
Lunch for 1 person (budget restaurant) 10.00$ 8.76
Lunch for 1 person (average restaurant) 25.00$ 21.90
Cup of cappuccino 3.00$ 2.63
Coca Cola or Pepsi (330 ml bottle) 1.30$ 1.14
Water (500 ml) 1.10$ 0.96
Big Mac menu 6.80$ 5.96
Standard dinner for 2 at a local pub 52.00$ 45.56
Alcohol prices in Panama City$
Beer (500 ml) 0.75$ 0.66
Imported beer (330 ml) 2.30$ 2.01
Local wine (1 bottle) 10.00$ 8.76
Vodka, rum or brandy 13.00$ 11.39
A pack of cigarettes 5.00$ 4.38
Hotel prices (1 night) in Panama City$
Hostel (for 1 person) 15.00$ 13.14
Budget hotel (2-3 stars, 1 night) 40.00$ 35.04
4 star hotel 58.00$ 50.81
Expensive hotel (5 stars) 113.00$ 99.00
Rent prices in Panama City$
1-room apartment in the city center 980.00$ 858.55
1-room apartment in a residential area 570.00$ 499.36
3-room apartment in the city center 1730.00$ 1515.61
3-room apartment in a residential area 1220.00$ 1068.81
Internet 51.00$ 44.68
Transport in Panama City$
Public transport (1 way ticket) 0.25$ 0.22
Public transport (1 month) 30.00$ 26.28
Taxi Start (Normal Tariff) 2.00$ 1.75
Taxi 1km (Normal Tariff) 2.00$ 1.75
Taxi 1hour Waiting (Normal Tariff) 12.00$ 10.51
Gasoline (1 liter) 0.80$ 0.70
Household expenses in Panama City$
Cold and flu kit (for 6 days) 6.00$ 5.26
Packaging of antibiotics 35.00$ 30.66
Pack of tampons 7.00$ 6.13
Deodorant, roll-on (50ml ~ 1.5 oz.) 6.00$ 5.26
Toothpaste 3.10$ 2.72
1 visit to a private doctor 40.00$ 35.04
Men's haircut in a barbershop 10.00$ 8.76
Shampoo 7.00$ 6.13
Fun in Panama City$
1 movie ticket 6.00$ 5.26
1 theater ticket 25.00$ 21.90
Rent a tennis court (1 hour) 27.00$ 23.65
Gym (monthly subscription) 57.00$ 49.94
Cocktail at a nightclub 9.00$ 7.88
Others in Panama City$
Levis jeans or similar brands 54.00$ 47.31
Summer dress (Zara, H&M, ...) 34.00$ 29.79
Sports sneakers (Nike, Adidas, Reebok) 77.00$ 67.46
Men's Shoes 100.00$ 87.61

Panama City - Prices and cost of living per month

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