Panama City, Panama

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Cost of living in Panama City

Real monthly costs in Panama City, Panama — USD, from the same data behind the Pro model.

Photo: Dronepicr, CC BY 3.0.

Panama City is the most expensive of Panama's 3 priced cities — $1,507 a month in essentials, 53% above Santiago at $987. The average net salary of $931 covers that 0.6×. 99.4 men per 100 women aged 20–39, measured at province/comarca level. PM2.5 averages 8 µg/m³ a year, 2× the WHO guideline of 5. Nov averages 26°C, Apr 28°C.

Essentials / mo$1,507rent + bills + food + transit
Men per 100 women99.4ages 20–39, province/comarca level
Avg net salary$931monthly, after tax
Safety score54/100higher = safer

Monthly cost breakdown

Rent outside centre plus utilities, groceries, dining and local transport make up the essentials figure. Not a full lifestyle budget.

ItemMonthly USD
Rent, 1-bed outside centre$902
Rent, 1-bed city centre$1,242
Groceries$183
Dining out$225
Utilities$176
Local transport$21
Essentials / mo$1,507
Avg net salary$931
Rent, 3-bed outside centre$1,468
Rent, 3-bed city centre$2,004

Single person, USD. Data updated July 27, 2026.

Everyday prices

What single items cost in Panama City, in USD. The monthly figures above are built from these.

Eating out

ItemUSD
Meal, inexpensive restaurant$10.00
Meal for 2, mid-range, three courses$50.00
McMeal at McDonald's$8.00
Cappuccino, regular$4.07
Domestic beer, 0.5 L draught$3.00
Imported beer, 0.33 L bottle$4.00
Coke/Pepsi, 0.33 L$1.81
Water, 0.33 L bottle$1.44

Groceries

ItemUSD
Milk, 1 L$1.85
White bread, 500 g$2.34
White rice, 1 kg$3.11
Eggs, 12$2.74
Local cheese, 1 kg$12.21
Chicken fillets, 1 kg$6.28
Apples, 1 kg$4.14
Bananas, 1 kg$1.60
Tomatoes, 1 kg$4.04
Potatoes, 1 kg$2.90
Onions, 1 kg$4.03
Water, 1.5 L bottle$1.75

Transport & bills

ItemUSD
One-way ticket, local transport$0.35
Monthly transit pass$21.00
Taxi start$2.50
Taxi, 1 km$1.81
Gasoline, 1 L$1.16
Basic utilities, 85 m² flat$128.35
Internet, 60 Mbps+$47.43
Mobile plan, monthly$29.95

Leisure

ItemUSD
Gym, monthly$45.24
Cinema, one seat$8.25

Dating-age sex ratio

Panama City has 99.4 men per 100 women aged 20–39 (province/comarca level). That is the 4th-highest of 6 Panama cities we track. Panama's national figure is 102.4, so Panama City runs 3 below the country as a whole.

A supply figure, 20–39. The dating-pool model is in Pro.

Climate & air

Ten-year monthly means, 2015–2024 — a climate profile, not a forecast.

Air qualityPM2.5 8µg/m³, annual mean
Warmest month28°CApr
Coolest month26°CNov
Wettest month298 mmJul
MonthAvgFeelsHumidityCloudRain
Jan26.9°C30.7°C81%43%24 mm
Feb26.9°C30.3°C79%40%5 mm
Mar27.1°C30.9°C78%47%12 mm
Apr27.5°C32.4°C81%70%84 mm
May27.5°C33.1°C86%89%230 mm
Jun27.2°C32.9°C87%92%262 mm
Jul27.1°C32.7°C88%92%298 mm
Aug27.1°C32.7°C87%92%262 mm
Sep27°C32.7°C88%92%268 mm
Oct26.8°C32.3°C88%88%243 mm
Nov26.5°C31.6°C88%83%256 mm
Dec27°C31.8°C85%56%80 mm

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