Cost of Living Comparison Between Boquete and Panama City 
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| Indices Difference |  |
|---|---|
| Consumer Prices in Panama City are 3.4% higher than in Boquete (without rent) | |
| Consumer Prices Including Rent in Panama City are 7.9% higher than in Boquete | |
| Rent Prices in Panama City are 19.4% higher than in Boquete | |
| Restaurant Prices in Panama City are 39.8% higher than in Boquete | |
| Groceries Prices in Panama City are 1.8% higher than in Boquete | |
| Local Purchasing Power in Panama City is 33.1% higher than in Boquete | |
Restaurants | Boquete Edit |
Panama City Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 6.50 $ | 12.00 $ | +84.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 47.50 $ | 60.00 $ | +26.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 6.50 $ | 8.25 $ | +26.9 % |
| Domestic Beer (1 pint draught) | 2.00 $ | 2.50 $ | +25.0 % |
| Imported Beer (12 oz small bottle) | 3.00 $ | 4.00 $ | +33.3 % |
| Cappuccino (regular) | 3.41 $ | 3.70 $ | +8.6 % |
| Coke/Pepsi (12 oz small bottle) | 1.33 $ | 1.76 $ | +31.8 % |
| Water (12 oz small bottle) | 0.95 $ | 1.33 $ | +40.4 % |
Markets | Boquete Edit |
Panama City Edit | |
| Milk (regular), (1 gallon) | 5.92 $ | 6.66 $ | +12.4 % |
| Loaf of Fresh White Bread (1 lb) | 2.05 $ | 2.18 $ | +6.2 % |
| Rice (white), (1 lb) | 0.83 $ | 0.95 $ | +15.0 % |
| Eggs (regular) (12) | 2.67 $ | 2.54 $ | -4.8 % |
| Local Cheese (1 lb) | 3.61 $ | 4.93 $ | +36.7 % |
| Chicken Fillets (1 lb) | 3.64 $ | 3.39 $ | -7.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 5.11 $ | 4.06 $ | -20.5 % |
| Apples (1 lb) | 1.35 $ | 1.40 $ | +4.0 % |
| Banana (1 lb) | 0.58 $ | 0.62 $ | +8.3 % |
| Oranges (1 lb) | 1.27 $ | 1.30 $ | +1.9 % |
| Tomato (1 lb) | 1.09 $ | 1.41 $ | +29.0 % |
| Potato (1 lb) | 1.01 $ | 0.94 $ | -7.2 % |
| Onion (1 lb) | 1.10 $ | 0.97 $ | -11.4 % |
| Lettuce (1 head) | 2.11 $ | 2.18 $ | +3.3 % |
| Water (1.5 liter bottle) | 1.93 $ | 1.44 $ | -25.8 % |
| Bottle of Wine (Mid-Range) | 6.55 $ | 9.00 $ | +37.4 % |
| Domestic Beer (0.5 liter bottle) | 1.08 $ | 1.20 $ | +11.0 % |
| Imported Beer (12 oz small bottle) | 2.33 $ | 1.86 $ | -20.4 % |
| Cigarettes 20 Pack (Marlboro) | 5.25 $ | 5.75 $ | +9.5 % |
Transportation | Boquete Edit |
Panama City Edit | |
| One-way Ticket (Local Transport) | 1.50 $ | 0.35 $ | -76.7 % |
| Monthly Pass (Regular Price) | 25.00 $ | 25.00 $ | 0.0 % |
| Taxi Start (Normal Tariff) | 1.38 $ | 2.00 $ | +45.5 % |
| Taxi 1 mile (Normal Tariff) | 2.41 $ | 2.41 $ | 0.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 8.00 $ | 20.00 $ | +150.0 % |
| Gasoline (1 gallon) | 3.78 $ | 3.69 $ | -2.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 15,000.00 $ | 22,250.00 $ | +48.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 19,000.00 $ | 20,494.44 $ | +7.9 % |
Utilities (Monthly) | Boquete Edit |
Panama City Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 55.00 $ | 112.65 $ | +104.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 32.00 $ | 29.33 $ | -8.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 48.66 $ | 51.82 $ | +6.5 % |
Sports And Leisure | Boquete Edit |
Panama City Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 100.00 $ | 40.93 $ | -59.1 % |
| Tennis Court Rent (1 Hour on Weekend) | 50.00 $ | 25.00 $ | -50.0 % |
| Cinema, International Release, 1 Seat | 3.50 $ | 7.00 $ | +100.0 % |
Childcare | Boquete Edit |
Panama City Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 165.00 $ | 408.12 $ | +147.3 % |
| International Primary School, Yearly for 1 Child | 3,600.00 $ | 9,675.75 $ | +168.8 % |
Clothing And Shoes | Boquete Edit |
Panama City Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 38.75 $ | 53.94 $ | +39.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 36.67 $ | 40.79 $ | +11.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 56.00 $ | 82.58 $ | +47.5 % |
| 1 Pair of Men Leather Business Shoes | 60.00 $ | 92.86 $ | +54.8 % |
Rent Per Month | Boquete Edit |
Panama City Edit | |
| Apartment (1 bedroom) in City Centre | 743.75 $ | 925.91 $ | +24.5 % |
| Apartment (1 bedroom) Outside of Centre | 650.00 $ | 598.61 $ | -7.9 % |
| Apartment (3 bedrooms) in City Centre | 1,400.00 $ | 2,048.00 $ | +46.3 % |
| Apartment (3 bedrooms) Outside of Centre | 1,200.00 $ | 1,194.12 $ | -0.5 % |
Buy Apartment Price | Boquete Edit |
Panama City Edit | |
| Price per Square Feet to Buy Apartment in City Centre | ? | 228.61 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | ? | 135.37 $ | |
Salaries And Financing | Boquete Edit |
Panama City Edit | |
| Average Monthly Net Salary (After Tax) | 600.00 $ | 861.84 $ | +43.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.00 | 6.07 | -13.2 % |
| Last update: | March 2024 | April 2024 | |
| Contributors in the past 12 months: | 10 | 86 |
Moving to Boquete? Explore:
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| 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 |
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 |