Cost of Living Comparison Between Panama City and Boquete 
| Indices Difference |  |
|---|---|
| Cost of Living in Boquete is 5.0% lower than in Panama City (without rent) | |
| Cost of Living Including Rent in Boquete is 8.5% lower than in Panama City | |
| Rent Prices in Boquete are 16.3% lower than in Panama City | |
| Restaurant Prices in Boquete are 29.5% lower than in Panama City | |
| Groceries Prices in Boquete are 3.9% lower than in Panama City | |
| Local Purchasing Power in Boquete is 26.0% lower than in Panama City | |
Restaurants | Panama City Edit |
Boquete Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 11.75 $ | 6.00 $ | -48.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60.00 $ | 47.50 $ | -20.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.00 $ | 6.50 $ | -18.8 % |
| Domestic Beer (1 pint draught) | 3.00 $ | 2.00 $ | -33.3 % |
| Imported Beer (12 oz small bottle) | 4.00 $ | 3.00 $ | -25.0 % |
| Cappuccino (regular) | 3.68 $ | 3.41 $ | -7.4 % |
| Coke/Pepsi (12 oz small bottle) | 1.77 $ | 1.33 $ | -24.5 % |
| Water (12 oz small bottle) | 1.33 $ | 0.95 $ | -28.4 % |
Markets | Panama City Edit |
Boquete Edit | |
| Milk (regular), (1 gallon) | 6.75 $ | 5.92 $ | -12.2 % |
| Loaf of Fresh White Bread (1 lb) | 2.26 $ | 2.05 $ | -9.2 % |
| Rice (white), (1 lb) | 0.97 $ | 0.83 $ | -14.6 % |
| Eggs (regular) (12) | 2.62 $ | 2.67 $ | +2.1 % |
| Local Cheese (1 lb) | 5.27 $ | 3.79 $ | -28.1 % |
| Chicken Fillets (1 lb) | 3.46 $ | 3.64 $ | +5.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 4.22 $ | 5.11 $ | +21.0 % |
| Apples (1 lb) | 1.38 $ | 1.35 $ | -2.7 % |
| Banana (1 lb) | 0.68 $ | 0.58 $ | -14.9 % |
| Oranges (1 lb) | 1.24 $ | 1.27 $ | +2.8 % |
| Tomato (1 lb) | 1.39 $ | 1.09 $ | -21.9 % |
| Potato (1 lb) | 0.94 $ | 1.01 $ | +7.4 % |
| Onion (1 lb) | 0.99 $ | 1.10 $ | +11.3 % |
| Lettuce (1 head) | 2.08 $ | 2.11 $ | +1.5 % |
| Water (1.5 liter bottle) | 1.51 $ | 1.76 $ | +16.5 % |
| Bottle of Wine (Mid-Range) | 9.00 $ | 6.55 $ | -27.2 % |
| Domestic Beer (0.5 liter bottle) | 1.21 $ | 1.00 $ | -17.4 % |
| Imported Beer (12 oz small bottle) | 1.95 $ | 2.08 $ | +6.6 % |
| Cigarettes 20 Pack (Marlboro) | 5.88 $ | 5.25 $ | -10.6 % |
Transportation | Panama City Edit |
Boquete Edit | |
| One-way Ticket (Local Transport) | 0.35 $ | 1.50 $ | +328.6 % |
| Monthly Pass (Regular Price) | 25.00 $ | 25.00 $ | 0.0 % |
| Taxi Start (Normal Tariff) | 2.25 $ | 1.38 $ | -38.9 % |
| Taxi 1 mile (Normal Tariff) | 2.62 $ | 2.41 $ | -7.7 % |
| Taxi 1hour Waiting (Normal Tariff) | 21.00 $ | 8.00 $ | -61.9 % |
| Gasoline (1 gallon) | 3.69 $ | 3.62 $ | -1.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 22,250.00 $ | 15,000.00 $ | -32.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 20,494.44 $ | 19,000.00 $ | -7.3 % |
Utilities (Monthly) | Panama City Edit |
Boquete Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 120.76 $ | 55.00 $ | -54.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 29.38 $ | 32.00 $ | +8.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 51.69 $ | 48.66 $ | -5.8 % |
Sports And Leisure | Panama City Edit |
Boquete Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 42.92 $ | 100.00 $ | +133.0 % |
| Tennis Court Rent (1 Hour on Weekend) | 22.50 $ | 50.00 $ | +122.2 % |
| Cinema, International Release, 1 Seat | 7.00 $ | 3.50 $ | -50.0 % |
Childcare | Panama City Edit |
Boquete Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 414.38 $ | 165.00 $ | -60.2 % |
| International Primary School, Yearly for 1 Child | 9,058.00 $ | 3,600.00 $ | -60.3 % |
Clothing And Shoes | Panama City Edit |
Boquete Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 53.69 $ | 38.75 $ | -27.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 40.42 $ | 36.67 $ | -9.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 86.19 $ | 56.00 $ | -35.0 % |
| 1 Pair of Men Leather Business Shoes | 105.91 $ | 60.00 $ | -43.3 % |
Rent Per Month | Panama City Edit |
Boquete Edit | |
| Apartment (1 bedroom) in City Centre | 939.05 $ | 743.75 $ | -20.8 % |
| Apartment (1 bedroom) Outside of Centre | 610.29 $ | 650.00 $ | +6.5 % |
| Apartment (3 bedrooms) in City Centre | 1,965.22 $ | 1,400.00 $ | -28.8 % |
| Apartment (3 bedrooms) Outside of Centre | 1,256.67 $ | 1,200.00 $ | -4.5 % |
Buy Apartment Price | Panama City Edit |
Boquete Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 235.74 $ | ? | |
| Price per Square Feet to Buy Apartment Outside of Centre | 142.45 $ | ? | |
Salaries And Financing | Panama City Edit |
Boquete Edit | |
| Average Monthly Net Salary (After Tax) | 886.76 $ | 600.00 $ | -32.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.02 | 7.00 | +16.2 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 90 | 12 |
Moving to Boquete? Explore:
Cities near Panama City: | Cost of Living in San Miguelito | 8.11 miles |
| Cost of Living in Tocumen | 15.44 miles |
| Cost of Living in Pacora | 19.85 miles |
| Cost of Living in El Coco | 33.93 miles |
| Cost of Living in Aguadulce | 127.78 miles |
| Cost of Living in Santiago | 161.98 miles |
Cities near Boquete: | Cost of Living in David | 25.72 miles |
| Cost of Living in Las Lomas | 26.70 miles |
| Cost of Living in Puerto Armuelles | 84.92 miles |
| Cost of Living in Changuinola | 128.74 miles |
| Cost of Living in Santiago | 143.03 miles |
| Cost of Living in Aguadulce | 178.82 miles |
| Cost of Living in Penonome | 204.50 miles |
| Cost of Living in Gorgona | 248.38 miles |