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Compare cost of living across cities worldwide. Plan your trip, relocation, or remote work destination with real data.

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Data updated: Oct 14, 2026 · Methodology© 2026 CostCompass. All rights reserved. Prices scraped weekly from local sources and may contain occasional inaccuracies.
Cities/Panama City

Panama City

Panama

A dynamic Central American capital with a striking modern skyline, historic Casco Viejo, the famous canal, and a growing role as a regional business hub.

Population: 881K
Gross salary: $ 700/mo
Avg. Temp: 27°C
Area: 275 km²
CompareCalculator
13
Affordable

#190 of 250

66% below average

Monthly cost, one adult

$ 482

Based on NYC = 100 index

Total does not include Housing & Healthcare — no scraped prices there (N/A)

Panama City is cheaper than most cities

Panama City is the 190. most expensive of the 250 cities we track — a month here comes to $ 482 for one adult.

Cheaper here than almost anywhere else is entertainment, 94% below the median: fitness club (monthly) $ 5. You also get off lightly on basic grocery basket, transportation.

Percentages compare this city against the median of all tracked cities, category by category.

Panama City in the news

Cite this data

22 prices on this page come from live scrapers (3 sources, observed October 13, 2026 to October 13, 2026). They are free to reuse under CC BY 4.0: credit CostCompass and link this page.

CostCompass (2026). Cost of living in Panama City, Panama. Data as of 2026-10-14. https://costcompass.net/living/cities/panama-city. Licensed under CC BY 4.0.

Download as JSONAbout the open data
Measured prices in the data file (22)
ItemPrice (USD)ObservationsLast observedSource
Chicken Breast (1kg)6.25 / item12026-10-13Latin American supermarkets (VTEX)
Fish Fillet (1kg)13.07 / item12026-10-13Latin American supermarkets (VTEX)
Deli Meat / Ham (1kg)8.70 / item12026-10-13Latin American supermarkets (VTEX)
Milk (1 liter)1.72 / item12026-10-13Latin American supermarkets (VTEX)
Yogurt (150g)0.80 / item12026-10-13Latin American supermarkets (VTEX)
Butter (200g)2.83 / item12026-10-13Latin American supermarkets (VTEX)
Eggs (12)2.30 / item12026-10-13Latin American supermarkets (VTEX)
Bread (500g)1.61 / item12026-10-13Latin American supermarkets (VTEX)
Bread Roll (1pc)0.23 / item12026-10-13Latin American supermarkets (VTEX)
Pasta (500g)1.33 / item12026-10-13Latin American supermarkets (VTEX)
Rice (1kg)1.43 / item12026-10-13Latin American supermarkets (VTEX)
Oats (500g)1.74 / item12026-10-13Latin American supermarkets (VTEX)
Lentils (1kg)2.86 / item12026-10-13Latin American supermarkets (VTEX)
Canned Tomatoes (400g)1.99 / item12026-10-13Latin American supermarkets (VTEX)
Sunflower Oil (1L)3.83 / item12026-10-13Latin American supermarkets (VTEX)
Flour (1kg)1.26 / item12026-10-13Latin American supermarkets (VTEX)
Sugar (1kg)1.83 / item12026-10-13Latin American supermarkets (VTEX)
Coffee (250g)4.24 / item12026-10-13Latin American supermarkets (VTEX)
Orange Juice (1L)2.58 / item12026-10-13Latin American supermarkets (VTEX)
Fitness Club (Monthly)5.00 / month12026-10-13Gym Chains
Running Shoes (Nike, Adidas)46.18 / pair12026-10-13Local Shoe Stores (world)
Business Shoes (Leather)48.99 / pair12026-10-13Local Shoe Stores (world)

Compare With Other Cities

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Affordable#207

Guatemala City

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Cost Index
10
10% cheaper

Similar share of Utilities & Transportation · compared on 5 of 8 categories

Affordable#200

Baku

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Cost Index
11
16% cheaper

Similar share of Transportation & Clothing · compared on 5 of 8 categories

Affordable#194

Nairobi

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Cost Index
11
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Similar share of Utilities & Transportation · compared on 6 of 8 categories

Affordable#185

Casablanca

Morocco

Cost Index
13
6% more expensive

Similar share of Transportation & Clothing · compared on 5 of 8 categories

Cost Breakdown

Monthly average costs by category

Who for:

Housing

N/A

Basic Grocery Basket

$ 58

per month

Restaurants

$ 236

per month

Transportation

$ 37

per month

Utilities

$ 130

per month

Entertainment

$ 5

per month

Healthcare

N/A

Clothing

$ 16

per month