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Panama City vs Iquitos – Digital Nomad Guide

Trying to decide between Panama City, Panama and Iquitos, Peru? Here's a detailed comparison to help digital nomads and remote workers make an informed choice.

💰 Cost of Living

Panama City has a monthly cost of $2,710, which is 97.1% higher than Iquitos's $1,375.

🌐 Internet Infrastructure

For internet speeds, Panama City offers 60 Mbps, while Iquitos provides 20 Mbps making Panama City's connection 200.0% faster .

☀️ Current Weather

The weather in Panama City is currently 31°C 🌧️, while Iquitos is experiencing 30°C 🌧️.

🛡️ Safety Comparison

Panama City has a safety score of 64.0 , while Iquitos scores 50.0 .

Costs
$2,710
per month
Internet
60
Mbps
Weather
31° 🌧️
High today
Costs
$1,375
per month
Internet
20
Mbps
Weather
30° 🌧️
High today
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Wise (formerly TransferWise) is a trusted money transfer service used by millions of digital nomads worldwide.

Send money abroad cheaper than banks.

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Overall Panama City wins

70.0
Overall Score
56.0

Panama City is 14% better

Quality of Life Panama City wins

64.0
Safety
50.0

Panama City is 14% better

78.0
Healthcare
50.0

Panama City is 28% better

Cost Iquitos wins

71.0
Cost of Living
87.0

Iquitos is 16% better

Climate Panama City wins

58.0
Air Quality
51.0

Panama City is 7% better

Infrastructure Panama City wins

79.0
Internet Speed
54.0

Panama City is 25% better

Social Panama City wins

70.0
Nightlife
43.0

Panama City is 27% better

75.0
Culture
79.0
76.0
Food Scene
71.0

Panama City is 5% better

Total Cost of Living Comparison

Category Panama City Iquitos Difference
Monthly Total $2,710 $1,375 +97.1%
Daily Average $90 $46 per day

Housing

Item Panama City Iquitos Difference
Apartment (1 bedroom) $650.00 per month $220.00 per month +195.5%

Daily Life

Item Panama City Iquitos Difference
Coffee $2.50 per cup $1.20 per cup +108.3%

Transportation

Item Panama City Iquitos Difference

Utilities

Item Panama City Iquitos Difference
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Global health insurance for nomads.

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Final Verdict: Panama City vs Iquitos

Panama City ranks as the better digital nomad destination, scoring 14.0% higher than Iquitos overall.

💰 Cost Analysis

  • Monthly Budget: $2,710 vs $1,375
  • Daily Expenses: $90 vs $46
  • Iquitos is 97.1% cheaper for digital nomads

🌐 Infrastructure

  • Internet Speed: Panama City leads with 200% faster connection
  • Public Transport: Iquitos has better public transportation

🎯 Key Advantages

Panama City Wins In:
  • Overall Score (14% better)
  • Safety (14% better)
  • Healthcare (28% better)
  • Air Quality (7% better)
  • Internet Speed (25% better)
  • Nightlife (27% better)
  • Food Scene (5% better)
Iquitos Wins In:
  • Cost of Living (16% better)

💡 Final Recommendation

Choose Panama City if you prioritize better quality of life metrics and Overall Score. However, Iquitos might be preferable if Overall Score is your top priority. Both cities offer unique advantages for digital nomads, with distinct trade-offs in cost of living, infrastructure, and lifestyle options.

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GetStake allows you to invest in fractional real estate in Dubai's premium properties, with investments starting from just $500.

Invest in Dubai, pocket the gains.

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