CostLens
HomePanama › Ancón

Cost of Living in Ancón

Ancón, Panamá, Panama · Population 29,761

▼ -16% vs Panama average

Single person, monthly (incl. rent)$528
Couple, monthly$945
Family of four, monthly$1,230

Estimated Prices in Ancón

ExpenseEstimated costBasis
Meal at an inexpensive restaurant$5.40per meal
Three-course meal for two, mid-range$21.60per meal
Cappuccino$1.62each
Monthly groceries (single person)$122per month
Monthly public transport pass$19.80per month
Basic utilities for an 85m² apartment$52.20per month
Internet (60 Mbps, unlimited)$15.12per month
Fitness club membership$15.12per month
Cinema ticket$3.96each
One-bedroom apartment in city centre$242per month
One-bedroom apartment outside centre$168per month
Three-bedroom apartment in city centre$505per month

Salary & Budget Planning

The estimated average net salary in Ancón is $810 per month. To live comfortably — covering the full single-person budget of $528 with about 30% left over for savings — you would need a net income of roughly $687 per month.

Housing takes the largest share: rent for a one-bedroom outside the centre ($168) represents about 32% of the total single-person budget.

Compare Ancón

Ancón vs Panama CityAncón vs San MiguelitoAncón vs ColónAncón vs DavidAncón vs La ChorreraAncón vs Balboa Heights

Nearby Cities

Panama City

2 km away · Panamá

Balboa Heights

2 km away · Panamá

San Miguelito

9 km away · Panamá

Arraiján

11 km away · Panamá Oeste

Alcalde Díaz

17 km away · Panamá

Nuevo Arraiján

19 km away · Panamá Oeste

Chilibre

21 km away · Panamá

Puerto Caimito

22 km away · Panamá Oeste

Other Major Cities in Panama

Panama City

Panamá · pop. 2,100,189

$787 / mo

San Miguelito

Panamá · pop. 315,019

$631 / mo

Colón

Colón · pop. 241,817

$592 / mo

David

Chiriquí · pop. 82,907

$592 / mo

La Chorrera

Panamá Oeste · pop. 68,896

$592 / mo

Balboa Heights

Panamá · pop. 62,882

$592 / mo

Pacora

Panamá · pop. 52,494

$592 / mo

Living in Ancón

Ancón is one of the key cities in Panama. The estimated monthly cost of living for a single person is $528, placing it below the national average. Housing represents the largest expense, with a one-bedroom apartment outside the city centre costing around $168 per month.

For families, the estimated budget rises to $1,230 per month, driven mainly by larger housing needs and increased food and transport spending. Couples can expect to spend approximately $945 monthly.

The average estimated net salary in Ancón is $810. To maintain a comfortable lifestyle with room for savings, a single person typically needs a net income of at least $687 per month.

Frequently Asked Questions

Is Ancón expensive to live in?
A single person needs an estimated $528 per month in Ancón including rent outside the city centre. That is 16% less than the national average for Panama.
What salary do you need to live comfortably in Ancón?
A net salary of around $687 per month lets a single person cover all estimated expenses in Ancón with roughly 30% left for savings. The estimated average net salary in Ancón is $810.
How much is rent in Ancón?
A one-bedroom apartment costs an estimated $242 per month in the city centre and $168 outside the centre. A three-bedroom in the centre runs about $505.
Is Ancón cheaper than Panama on average?
Yes — Ancón is estimated to be about 16% cheaper than the Panama average, making it a relatively affordable option in the country.
What is the cost of groceries in Ancón?
Monthly groceries for one person are estimated at $122 in Ancón. A meal at an inexpensive restaurant costs about $5 and a cappuccino runs around $2.
How do transport costs in Ancón compare?
A monthly public transport pass in Ancón is estimated at $20. Transport makes up a small share of the total budget compared to housing and food.
Figures for Ancón are estimates based on Panama national averages adjusted for city size (population 29,761). Last model update: July 2026. How we calculate.