Balboa Heights, Panamá, Panama · Population 62,882
▼ -6% vs Panama average
| Expense | Estimated cost | Basis |
|---|---|---|
| Meal at an inexpensive restaurant | $6.00 | per meal |
| Three-course meal for two, mid-range | $24.00 | per meal |
| Cappuccino | $1.80 | each |
| Monthly groceries (single person) | $136 | per month |
| Monthly public transport pass | $22.00 | per month |
| Basic utilities for an 85m² apartment | $58.00 | per month |
| Internet (60 Mbps, unlimited) | $16.80 | per month |
| Fitness club membership | $16.80 | per month |
| Cinema ticket | $4.40 | each |
| One-bedroom apartment in city centre | $276 | per month |
| One-bedroom apartment outside centre | $192 | per month |
| Three-bedroom apartment in city centre | $576 | per month |
The estimated average net salary in Balboa Heights is $900 per month. To live comfortably — covering the full single-person budget of $592 with about 30% left over for savings — you would need a net income of roughly $770 per month.
Housing takes the largest share: rent for a one-bedroom outside the centre ($192) represents about 32% of the total single-person budget.
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Panamá · pop. 2,100,189
$787 / moPanamá · pop. 315,019
$631 / moColón · pop. 241,817
$592 / moChiriquí · pop. 82,907
$592 / moPanamá Oeste · pop. 68,896
$592 / moPanamá · pop. 52,494
$592 / moBalboa Heights is one of the key cities in Panama. The estimated monthly cost of living for a single person is $592, placing it below the national average. Housing represents the largest expense, with a one-bedroom apartment outside the city centre costing around $192 per month.
For families, the estimated budget rises to $1,382 per month, driven mainly by larger housing needs and increased food and transport spending. Couples can expect to spend approximately $1,061 monthly.
The average estimated net salary in Balboa Heights is $900. To maintain a comfortable lifestyle with room for savings, a single person typically needs a net income of at least $770 per month.