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Cost of Living
Panama City, Panama π΅π¦
Cost Breakdown
Category | Notes | |
---|---|---|
π Housing |
$450.00
$1,200.00
$60.00
|
Per day for short-term rentals in mid-range hotels or Airbnb |
π Utilities |
$80.00
$150.00
$0.00
|
Included in accommodation |
πΆ Internet & Mobile |
$30.00
$60.00
$5.00
|
Daily cost for prepaid SIM and occasional Wi-Fi |
π Groceries |
$180.00
$400.00
$10.00
|
Daily cost assuming some meals at accommodation |
π Transportation |
$40.00
$100.00
$8.00
|
Daily cost using taxis and public transport |
π½οΈ Dining Out |
$60.00
$400.00
$25.00
|
Daily cost for meals at local and tourist restaurants |
ποΈ Leisure Activities |
$30.00
$150.00
$15.00
|
Daily cost for tours, museums, and entertainment |
π₯ Health Insurance |
$50.00
$200.00
$0.00
|
Typically covered by travel insurance, not included here |
π Visa & Legal Fees |
$5.00
$50.00
$0.00
|
Monthly average for visa renewals and legal paperwork |
Total |
$925.00
$2,710.00
$123.00
|
Cost Profile Definitions:
Local Resident: Lives permanently in the city with local housing and lifestyle.
Digital Nomad: Mid-term stay (1-6 months) with furnished accommodation and expat lifestyle.
Tourist: Short-term visit (1-14 days) with hotels and tourist activities.