Panama City, Panamá, Panama · Population 2,100,189 · National capital
▲ +25% vs Panama average
| Expense | Estimated cost | Basis |
|---|---|---|
| Meal at an inexpensive restaurant | $7.80 | per meal |
| Three-course meal for two, mid-range | $31.20 | per meal |
| Cappuccino | $2.34 | each |
| Monthly groceries (single person) | $177 | per month |
| Monthly public transport pass | $28.60 | per month |
| Basic utilities for an 85m² apartment | $75.40 | per month |
| Internet (60 Mbps, unlimited) | $21.84 | per month |
| Fitness club membership | $21.84 | per month |
| Cinema ticket | $5.72 | each |
| One-bedroom apartment in city centre | $383 | per month |
| One-bedroom apartment outside centre | $267 | per month |
| Three-bedroom apartment in city centre | $800 | per month |
The estimated average net salary in Panama City is $1,170 per month. To live comfortably — covering the full single-person budget of $787 with about 30% left over for savings — you would need a net income of roughly $1,022 per month.
Housing takes the largest share: rent for a one-bedroom outside the centre ($267) represents about 34% of the total single-person budget.
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21 km away · Panamá Oeste
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Panamá · pop. 315,019
$631 / moColón · pop. 241,817
$592 / moChiriquí · pop. 82,907
$592 / moPanamá Oeste · pop. 68,896
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$592 / moPanamá · pop. 52,494
$592 / moPanama City is the capital and one of the key cities in Panama. The estimated monthly cost of living for a single person is $787, placing it above the national average. Housing represents the largest expense, with a one-bedroom apartment outside the city centre costing around $267 per month.
For families, the estimated budget rises to $1,847 per month, driven mainly by larger housing needs and increased food and transport spending. Couples can expect to spend approximately $1,414 monthly.
The average estimated net salary in Panama City is $1,170. To maintain a comfortable lifestyle with room for savings, a single person typically needs a net income of at least $1,022 per month.