Cost of Living Comparison Between Panama City and Boquete 
| Indices Difference |  |
|---|---|
| Consumer Prices in Boquete are 3.4% lower than in Panama City (without rent) | |
| Consumer Prices Including Rent in Boquete are 6.9% lower than in Panama City | |
| Rent Prices in Boquete are 14.8% lower than in Panama City | |
| Restaurant Prices in Boquete are 28.4% lower than in Panama City | |
| Groceries Prices in Boquete are 1.9% lower than in Panama City | |
| Local Purchasing Power in Boquete is 25.2% lower than in Panama City | |
Restaurants | Panama City Edit |
Boquete Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 11.75 $ | 6.50 $ | -44.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60.00 $ | 47.50 $ | -20.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.25 $ | 6.50 $ | -21.2 % |
| 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) | 3.72 $ | 3.41 $ | -8.2 % |
| Coke/Pepsi (12 oz small bottle) | 1.81 $ | 1.33 $ | -26.1 % |
| Water (12 oz small bottle) | 1.33 $ | 0.95 $ | -28.8 % |
Markets | Panama City Edit |
Boquete Edit | |
| Milk (regular), (1 gallon) | 6.58 $ | 5.92 $ | -10.0 % |
| Loaf of Fresh White Bread (1 lb) | 2.21 $ | 2.05 $ | -7.1 % |
| Rice (white), (1 lb) | 0.93 $ | 0.83 $ | -10.5 % |
| Eggs (regular) (12) | 2.52 $ | 2.67 $ | +6.3 % |
| Local Cheese (1 lb) | 4.93 $ | 3.61 $ | -26.9 % |
| Chicken Fillets (1 lb) | 3.39 $ | 3.64 $ | +7.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 4.06 $ | 5.11 $ | +25.8 % |
| Apples (1 lb) | 1.36 $ | 1.35 $ | -1.2 % |
| Banana (1 lb) | 0.65 $ | 0.58 $ | -10.7 % |
| Oranges (1 lb) | 1.30 $ | 1.27 $ | -1.8 % |
| Tomato (1 lb) | 1.43 $ | 1.09 $ | -23.8 % |
| Potato (1 lb) | 0.94 $ | 1.01 $ | +7.8 % |
| Onion (1 lb) | 0.96 $ | 1.10 $ | +15.2 % |
| Lettuce (1 head) | 2.18 $ | 2.11 $ | -3.2 % |
| Water (1.5 liter bottle) | 1.44 $ | 1.93 $ | +34.1 % |
| Bottle of Wine (Mid-Range) | 8.50 $ | 6.55 $ | -22.9 % |
| Domestic Beer (0.5 liter bottle) | 1.23 $ | 1.08 $ | -12.4 % |
| Imported Beer (12 oz small bottle) | 1.93 $ | 2.33 $ | +20.9 % |
| Cigarettes 20 Pack (Marlboro) | 6.00 $ | 5.25 $ | -12.5 % |
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) | 2.41 $ | 2.41 $ | 0.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 20.00 $ | 8.00 $ | -60.0 % |
| Gasoline (1 gallon) | 3.71 $ | 3.78 $ | +1.7 % |
| 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 | 113.79 $ | 55.00 $ | -51.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 29.33 $ | 32.00 $ | +9.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 51.09 $ | 48.66 $ | -4.7 % |
Sports And Leisure | Panama City Edit |
Boquete Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 41.50 $ | 100.00 $ | +141.0 % |
| Tennis Court Rent (1 Hour on Weekend) | 25.00 $ | 50.00 $ | +100.0 % |
| 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 | 408.12 $ | 165.00 $ | -59.6 % |
| International Primary School, Yearly for 1 Child | 9,675.75 $ | 3,600.00 $ | -62.8 % |
Clothing And Shoes | Panama City Edit |
Boquete Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 53.94 $ | 38.75 $ | -28.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 40.79 $ | 36.67 $ | -10.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 82.58 $ | 56.00 $ | -32.2 % |
| 1 Pair of Men Leather Business Shoes | 92.86 $ | 60.00 $ | -35.4 % |
Rent Per Month | Panama City Edit |
Boquete Edit | |
| Apartment (1 bedroom) in City Centre | 938.33 $ | 743.75 $ | -20.7 % |
| Apartment (1 bedroom) Outside of Centre | 614.47 $ | 650.00 $ | +5.8 % |
| Apartment (3 bedrooms) in City Centre | 1,953.85 $ | 1,400.00 $ | -28.3 % |
| Apartment (3 bedrooms) Outside of Centre | 1,183.33 $ | 1,200.00 $ | +1.4 % |
Buy Apartment Price | Panama City Edit |
Boquete 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 | Panama City Edit |
Boquete Edit | |
| Average Monthly Net Salary (After Tax) | 861.84 $ | 600.00 $ | -30.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.07 | 7.00 | +15.3 % |
| Last update: | April 2024 | March 2024 | |
| Contributors in the past 12 months: | 86 | 10 |
Moving to Boquete? Explore:
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| 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 |