Panama. Cost of living and prices in Panama (Panamá), prices of food, rent, shopping, etc. Updated May. 2019

Panama (Panamá) is country located in Central America. Bordered by Colombia, Costa Rica. Panama covers an area of 78,200 square kilometres. Panama has a population of 3,410,676 and a population density of 44 people per square kilometre. Panamanian language is Spanish. Panama gross domestic product (GDP) is $40,620,000,000, GDP per capita is $ 11,910. Panamanian currency are Panamanian balboa,United States dollar. Panamanian top level domains: .pa

Current average prices of 55 goods and services in 10 categories in Panama. Prices of food, restaurants, transportation, utilities, clothing and apartment rent & buying costs in Panama. Average salaries also included.


Markets prices

Panama
Avg. World
Water (0.33 liter bottle)
Water, 0.33 liter Bottle
Panama
Avg. World
$ 0.99
$ 1.04
Milk (regular), (1 liter)
Milk, Regular,1 liter
Panama
Avg. World
$ 1.43
$ 1.07
Loaf of Fresh White Bread (500g)
Loaf of Fresh White Bread, 0.5 kg
Panama
Avg. World
$ 1.90
$ 1.51
Rice (white), (1kg)
White Rice, 1 kg
Panama
Avg. World
$ 1.44
$ 2.17
Eggs (regular) (12)
Eggs, 12 pack
Panama
Avg. World
$ 1.99
$ 2.14
Local Cheese (1kg)
Local Cheese, 1 kg
Panama
Avg. World
$ 7.36
$ 8.92
Chicken Breasts (Boneless, Skinless), (1kg)
Chicken Breasts, Boneless and Skinless, 1 kg
Panama
Avg. World
$ 6.36
$ 6.83
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
Beef Round or Equivalent Back Leg Red Meat, 1 kg
Panama
Avg. World
$ 7.39
$ 10.78
Apples (1kg)
Apples, 1 kg
Panama
Avg. World
$ 3.28
$ 2.66
Banana (1kg)
Banana, 1 kg
Panama
Avg. World
$ 1.06
$ 1.51
Oranges (1kg)
Oranges, 1 kg
Panama
Avg. World
$ 3.88
$ 2.36
Tomato (1kg)
Tomato, 1 kg
Panama
Avg. World
$ 2.61
$ 2.39
Potato (1kg)
Potato, 1 kg
Panama
Avg. World
$ 1.53
$ 1.52
Onion (1kg)
Onion, 1 kg
Panama
Avg. World
$ 1.68
$ 1.48
Lettuce (1 head)
Lettuce, 1 head
Panama
Avg. World
$ 1.39
$ 1.18
Water (1.5 liter bottle)
Water, 1.5 liter Bottle
Panama
Avg. World
$ 1.36
$ 1.05
Bottle of Wine (Mid-Range)
Bottle of Wine, Mid-Range Price
Panama
Avg. World
$ 8.08
$ 9.17
Domestic Beer (0.5 liter bottle)
Domestic Beer, 0.5 liter Bottle
Panama
Avg. World
$ 0.81
$ 1.66
Pack of Cigarettes (Marlboro)
Pack of Cigarettes
Panama
Avg. World
$ 5.05
$ 5.76

Buy Apartment prices

Panama
Avg. World
Price per Square Meter to Buy Apartment in City Centre
Price per m2 to Buy Apartment in City Center
Panama
Avg. World
$ 2,181.74
$ 2,490.49
Price per Square Meter to Buy Apartment Outside of Centre
Price per m2 to Buy Apartment Outside of City Center
Panama
Avg. World
$ 1,384.51
$ 1,762.66

Childcare prices

Panama
Avg. World
Preschool (or Kindergarten), Private, Monthly for 1 Child
Private Preschool or Kindergarten, Monthly for 1 Child
Panama
Avg. World
$ 267.87
$ 514.26
International Primary School, Yearly for 1 Child
International Primary School, Yearly for 1 Child
Panama
Avg. World
$ 7,031.25
$ 12,100.05

Clothing And Shoes prices

Panama
Avg. World
1 Pair of Jeans (Levis 501 Or Similar)
Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
Panama
Avg. World
$ 48.90
$ 55.55
1 Summer Dress in a Chain Store (Zara, H&M, ...)
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
Panama
Avg. World
$ 37.57
$ 35.67
1 Pair of Nike Running Shoes (Mid-Range)
Pair of Running Shoes, Mid-Range Price
Panama
Avg. World
$ 73.07
$ 75.33
1 Pair of Men Leather Business Shoes
Pair of Leather Business Shoes
Panama
Avg. World
$ 72.41
$ 84.80

World Average Cost of Living & Prices Map

On TravelTables.com we try to collect and analyze as much information about various places in the world as we can. This World Interactive Average Price Map is one example of processing such information.


Rent Per Month prices

Panama
Avg. World
Apartment (1 bedroom) in City Centre
Apartment, 1 bedroom, Outside in City Centre
Panama
Avg. World
$ 804.94
$ 614.32
Apartment (1 bedroom) Outside of Centre
Apartment, 1 bedroom, Outside of City Centre
Panama
Avg. World
$ 521.23
$ 488.52
Apartment (3 bedrooms) in City Centre
Apartment, 3 bedrooms, Outside in City Centre
Panama
Avg. World
$ 1,567.08
$ 1,099.24
Apartment (3 bedrooms) Outside of Centre
Apartment, 3 bedrooms, Outside of City Centre
Panama
Avg. World
$ 974.31
$ 858.26

Restaurants prices

Panama
Avg. World
Meal, Inexpensive Restaurant
Meal in Inexpensive Restaurant
Panama
Avg. World
$ 7.07
$ 9.48
Meal for 2 People, Mid-range Restaurant, Three-course
Meal for 2 People, Mid-range Restaurant, Three-course
Panama
Avg. World
$ 35.86
$ 38.91
McMeal at McDonalds (or Equivalent Combo Meal)
McMeal at McDonalds or Alternative Combo Meal
Panama
Avg. World
$ 6.06
$ 6.27
Domestic Beer (0.5 liter draught)
Domestic Beer, 0.5 liter Draught
Panama
Avg. World
$ 1.52
$ 3.19
Imported Beer (0.33 liter bottle)
Imported Beer, 0.33 liter Bottle
Panama
Avg. World
$ 3.03
$ 3.04
Cappuccino (regular)
Cappuccino
Panama
Avg. World
$ 2.58
$ 2.64
Coke/Pepsi (0.33 liter bottle)
Coca-Cola, 0.33 liter Bottle
Panama
Avg. World
$ 1.08
$ 1.41
Imported Beer (0.33 liter bottle)
Imported Beer, 0.33 liter Bottle
Panama
Avg. World
$ 2.09
$ 3.04

Salaries And Financing prices

Panama
Avg. World
Cinema, International Release, 1 Seat
Cinema ticket, 1 Seat
Panama
Avg. World
$ 6.06
$ 8.29
Average Monthly Net Salary (After Tax)
Average Monthly Net Salary, After Tax
Panama
Avg. World
$ 636.15
$ 1,667.70
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate
Mortgage Interest Rate in Percentages, Yearly, Fixed-Rate
Panama
Avg. World
5.25%
5.49%

Sports And Leisure prices

Panama
Avg. World
Fitness Club, Monthly Fee for 1 Adult
Fitness Club, Monthly Fee for 1 Adult
Panama
Avg. World
$ 50.78
$ 37.69
Tennis Court Rent (1 Hour on Weekend)
Tennis Court Rent, 1 Hour on Weekend
Panama
Avg. World
$ 20.83
$ 15.68

Transportation prices

Panama
Avg. World
One-way Ticket (Local Transport)
One-way Ticket, Local Transport
Panama
Avg. World
$ 0.35
$ 1.53
Monthly Pass (Regular Price)
Monthly Pass, Regular Price
Panama
Avg. World
$ 30.30
$ 45.28
Taxi Start (Normal Tariff)
Taxi Start, Normal Tariff
Panama
Avg. World
$ 1.52
$ 2.97
Taxi 1km (Normal Tariff)
Taxi, price for 1 km, Normal Tariff
Panama
Avg. World
$ 1.95
$ 1.41
Taxi 1hour Waiting (Normal Tariff)
Taxi, price for 1 hour Waiting, Normal Tariff
Panama
Avg. World
$ 10.10
$ 18.91
Gasoline (1 liter)
Gasoline, 1 liter
Panama
Avg. World
$ 0.73
$ 1.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
Panama
Avg. World
$ 16,810.95
$ 21,036.70
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
Honda Civic 1.6 Or Alternative New Car
Panama
Avg. World
$ 19,478.21
$ 21,488.21

Utilities Per Month prices

Panama
Avg. World
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
Panama
Avg. World
$ 68.85
$ 122.62
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
Panama
Avg. World
$ 0.12
$ 0.14
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
Panama
Avg. World
$ 43.19
$ 39.28