Panama
Cost of Living in Panama City
Monthly Total
$2,298
$40,215
Housing (1BR Mid-range)
$1,186
Daily Spend (ex. rent)
$37
Based on a typical lifestyle for international residents: 1BR furnished apartment, mix of cooking/eating out, rideshare transportation, moderate entertainment. Last updated: 3/31/2026.
Monthly Cost Breakdown
Housing (Rent)
1BR furnished apartment in mid-range neighborhood
$1,186
$20,755
Utilities
Electric, water, gas, and internet
$165
$2,888
Groceries
Groceries from supermarkets
$155
$2,713
Dining Out
Mix of casual restaurants, ~12 meals/month
$120
$2,100
Transportation
Rideshare (Uber/Didi), ~30 rides/month
$360
$6,300
Lifestyle & Entertainment
Entertainment, occasional cleaning service
$189
$3,308
Healthcare
Basic private health insurance
$77
$1,348
Phone & Subscriptions
Phone plan and streaming subscriptions
$46
$805
Monthly Total
$2,298
$40,215
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Living in Panama City
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