Prices in Panama City
How much will you spend in restaurants and bars? Is eating out expensive in Panama City? Below you will see our breakdowns and comparisons of prices and expenses in Panama City.
What are the supermarket prices in Panama City?
Are the costs of living in Panama City higher than in United States?
Panama City - How much will it cost us for entertainment, and what are the bills to be paid in pubs and restaurants?
Read below about current costs and prices in Panama City:
food prices, Prices in restaurants, cost of living, and entertainment costs
(The last update: today 16 hours ago)
Currency in Panama Panamanian balboa (PAB). For 10 US dollars you can get 10 Panamanian balboas. For 100 US dollars you can get 100 Panamanian balboas. And the other way around: For 10 Panamanian balboas you can get 10 US dollars.
The total costs in Panama City are lower than in United States. Food is 36% cheaper. Dining in restaurants and bars will be cheaper by 27%. The cost of living in Panama City is less than in United States by about 40%. If we want to spend time actively or to have fun, we will pay less than in United States about 12%.
Are hotels expensive in Panama City? How much will we pay for a room in Panama City?
The average price of accommodation in Panama is $90. Overnight stay in a 4-star hotel costs $88 in Panama If you are looking for the best conditions for your stay, then in 5-star hotels that will provide much more luxury you will have to pay $116
Is it expensive in stores in Panama City? Will I pay a lot for groceries in Panama City? Below you will find the current price list of food products in Panama City, such as: chicken breast, potatoes, apples, oranges, or milk (The last update: 2 days ago)
Can you eat cheaply in restaurants in Panama City? What are the prices in affordable pubs in Panama City? How much will I have to spend a day when I only eat in fast food restaurants in Panama City?
If we are looking for an inexpensive place to eat, we should expect to pay around 12 US dollars.
With limited time and to avoid spending too much, you can opt for fast food. The cost of a meal set (sandwich, fries, and a soda) is approximately 8 US dollars.
And when we can afford to go out to the restaurant, we'll pay for a three-course meal around 60 US dollars.
And if you want to drink a beer or two, you have to pay extra: 6 US dollars (price for 2 bottles)
And if you prefer a Coke, Fanta, Sprite or similar carbonated drink, then you have to pay 1.8 US dollars for a small bottle.
Below you will find a full list of prices in Panama City, including chicken breast, potatoes, apples, oranges, or milk
If you're planning a trip to a specific region of the world, might it be cheaper than in Panama City? Check out prices in nearby countries: Costa Rica, Nicaragua, Colombia, Honduras, and Jamaica.
Panama City - comparison of selected prices with prices in United States:
fees
$111 ($74 - $200)
by half less than in United States
internet
$50 ($40 - $78)
29% is less expensive than in United States
jeans
$54 ($35 - $80)
2.8% more than in United States
average earnings
$862
81% is less expensive than in United States
renting a small apartment in the center
$938 ($650 - $1.5K)
by half less than in United States
renting a large apartment outside the center
$1.18K ($700 - $2.8K)
by half less than in United States
bread
$2.4 ($1 - $4)
32% is less expensive than in United States
cheese
$10.9 ($3.9 - $18)
15% is less expensive than in United States
rice
$2.1 ($1 - $4.4)
by half less than in United States
tomatoes
$3.1 ($1.1 - $4)
36% is less expensive than in United States
bananas
$1.4 ($0.9 - $3)
15% is less expensive than in United States
wine
$8 ($5 - $14)
by half less than in United States
cheap restaurant
$12 ($7 - $20)
40% is less expensive than in United States
local beer
$3 ($1.5 - $4)
by half less than in United States
coffee
$3.7 ($2 - $5)
27% is less expensive than in United States
bottle of water
$1.3 ($1 - $3)
36% is less expensive than in United States
Burger King or a similar bar
$8 ($8 - $10)
26% is less expensive than in United States
Cola, Pepsi, Sprite, Mirinda
$1.8 ($1 - $3)
28% is less expensive than in United States
Food Prices Panama City
- Milk (regular), 1 liter $1.7
- A loaf of fresh white bread (500g) $2.4
- Eggs (regular) (12) $2.5
- Local Cheese (1kg) $10.9
- Water (1.5 liter bottle) $1.4
- A bottle of wine (mid-range) $8
- Local Beer (0.5 liter bottle) $1.2
- Imported Beer (0.33 liter bottle) $1.9
- Pack of Cigarettes (Marlboro) $6
- Chicken breasts (skinless and boneless) - (1kg) $7.4
- Apples (1kg) $3.1
- Oranges (1kg) $2.9
- Potatoes (1kg) $2.1
- Lettuce (1 head) $2.2
- Kilo of white rice $2.1
- Tomatoes (1kg) $3.1
- Bananas (1kg) $1.4
- Onions (1kg) $2.1
- Beef (1kg) (or similar red meat) $8.7
Prices In Restaurants Panama City
- Meal in a cheap restaurant $12
- Meal for 2 People, Mid-range Restaurant, Three-course $60
- McMeal at McDonald's (or Equivalent Combo Meal) $8
- Domestic Beer (0.5 liter draught) $3
- Imported Beer (0.33 liter bottle) $4
- Coke/Pepsi (0.33 liter bottle) $1.8
- Water (0.33 liter bottle) $1.3
- Cappuccino $3.7
Cost Of Living Panama City
- One-way Ticket (Local Transport) $0.35
- Monthly Pass (Regular Price) $25
- Gasoline (1 liter) $0.98
- Volkswagen Golf 1.4 90 KW (or equivalent new car) $22.3K
- Apartment (1 bedroom) in city centre $938
- Apartment (1 bedroom) outside of centre $614
- Apartment (3 bedrooms) in city centre $1.97K
- Apartment (3 bedrooms) outside of centre $1.18K
- Utilities (electricity, heating, water, garbage) for an 85m2 apartment $111
- Internet (60 Mbps or more, unlimited data, cable/ADSL) $50
- numb_34 $30
- 1 pair of jeans (Levis 501 or similar) $54
- 1 Summer Dress in a Chain Store (Zara, H&M,...) $40
- 1 pair of Nike running shoes or similar $83
- 1 pair of men's leather shoes $93
- Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $20.5K
- Preschool (or Kindergarten), Private, Monthly for 1 Child $408
- Price per square meter for an apartment in the city center $2.42K
- International Primary School, Annually for 1 Child $9.68K
- Price per square meter for an apartment outside of city centre $1.46K
- Average Monthly Net Salary (After Tax) $862
- Mortgage annual interest rate in percentages (%) 6.1%
- Taxi starting fare (normal tariff) $2.3
- Taxi 1km (Normal Tariff) $1.5
- Taxi 1 hour waiting (normal tariff) $20
Entertainment Costs Panama City
- Fitness Club, Monthly Fee for 1 Adult $42
- Tennis court rental (1 hour during a weekend) $25
- Cinema, Single Ticket $7
What are the different prices in the cities in Panama? Look here: Prices in cities in Panama
Prices: David Santiago San Miguelito Aguadulce Colón Chilibre Pacora Tocumen San Carlos Puerto Armuelles
Cost of Living in Panama: Prices for Travel, Eating Out, Groceries, and More. Discover the cost of living in Panama with our comprehensive guide. We'll cover prices for travel, eating out, groceries, and more. Plus, get answers to the most common questions about prices and costs of living.
Do you want to learn more about different prices? See the following comparison:
renting a small apartment in the center
$938 ($650 - $1.5K)
by half less than in United States
bread
$2.4 ($1 - $4)
32% is less expensive than in United States
average earnings
$862
81% is less expensive than in United States
cheap restaurant
$12 ($7 - $20)
40% is less expensive than in United States
wine
$8 ($5 - $14)
by half less than in United States
local beer
$3 ($1.5 - $4)
by half less than in United States