Cost of Living Comparison Between Puerto Rico and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 28.1% lower than in Puerto Rico (excluding rent) | |
| Cost of Living Including Rent in Panama is 19.8% lower than in Puerto Rico | |
| Rent Prices in Panama are 10.9% higher than in Puerto Rico | |
| Restaurant Prices in Panama are 24.5% lower than in Puerto Rico | |
| Groceries Prices in Panama are 25.2% lower than in Puerto Rico | |
| Local Purchasing Power in Panama is 59.4% lower than in Puerto Rico | |
Restaurants | Puerto Rico Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 15.00 $ | 10.00 $ | -33.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 75.00 $ | 50.00 $ | -33.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 9.00 $ | 7.49 $ | -16.8 % |
| Domestic Beer (1 pint draught) | 2.59 $ | 2.00 $ | -22.8 % |
| Imported Beer (12 oz small bottle) | 4.00 $ | 3.50 $ | -12.5 % |
| Cappuccino (regular) | 3.26 $ | 3.47 $ | +6.5 % |
| Coke/Pepsi (12 oz small bottle) | 1.59 $ | 1.48 $ | -6.8 % |
| Water (12 oz small bottle) | 1.25 $ | 1.22 $ | -2.3 % |
Markets | Puerto Rico Edit |
Panama Edit | |
| Milk (regular), (1 gallon) | 7.79 $ | 6.85 $ | -12.0 % |
| Loaf of Fresh White Bread (1 lb) | 2.81 $ | 2.21 $ | -21.4 % |
| Rice (white), (1 lb) | 1.05 $ | 1.04 $ | -0.4 % |
| Eggs (regular) (12) | 5.06 $ | 2.67 $ | -47.2 % |
| Local Cheese (1 lb) | 4.23 $ | 5.31 $ | +25.4 % |
| Chicken Fillets (1 lb) | 3.97 $ | 3.29 $ | -17.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 5.10 $ | 4.08 $ | -20.1 % |
| Apples (1 lb) | 2.43 $ | 1.83 $ | -24.7 % |
| Banana (1 lb) | 1.17 $ | 0.60 $ | -48.9 % |
| Oranges (1 lb) | 1.79 $ | 1.27 $ | -28.9 % |
| Tomato (1 lb) | 2.08 $ | 1.33 $ | -36.1 % |
| Potato (1 lb) | 1.45 $ | 0.95 $ | -34.2 % |
| Onion (1 lb) | 1.25 $ | 1.05 $ | -16.4 % |
| Lettuce (1 head) | 2.64 $ | 2.08 $ | -21.3 % |
| Water (1.5 liter bottle) | 1.86 $ | 1.56 $ | -16.5 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 10.00 $ | -33.3 % |
| Domestic Beer (0.5 liter bottle) | 2.35 $ | 1.20 $ | -49.0 % |
| Imported Beer (12 oz small bottle) | 3.33 $ | 2.15 $ | -35.5 % |
| Cigarettes 20 Pack (Marlboro) | 11.00 $ | 5.92 $ | -46.1 % |
Transportation | Puerto Rico Edit |
Panama Edit | |
| One-way Ticket (Local Transport) | 1.75 $ | 0.55 $ | -68.5 % |
| Monthly Pass (Regular Price) | 40.00 $ | 25.00 $ | -37.5 % |
| Taxi Start (Normal Tariff) | 8.00 $ | 2.00 $ | -75.0 % |
| Taxi 1 mile (Normal Tariff) | 1.50 $ | 3.22 $ | +114.6 % |
| Taxi 1hour Waiting (Normal Tariff) | 27.50 $ | 21.00 $ | -23.6 % |
| Gasoline (1 gallon) | 3.69 $ | 3.50 $ | -5.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 35,000.00 $ | 20,000.00 $ | -42.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,321.43 $ | 21,464.58 $ | -21.4 % |
Utilities (Monthly) | Puerto Rico Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 303.22 $ | 109.00 $ | -64.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 71.46 $ | 29.47 $ | -58.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 68.21 $ | 48.89 $ | -28.3 % |
Sports And Leisure | Puerto Rico Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 34.31 $ | 52.30 $ | +52.4 % |
| Tennis Court Rent (1 Hour on Weekend) | 33.57 $ | 35.71 $ | +6.4 % |
| Cinema, International Release, 1 Seat | 9.00 $ | 7.00 $ | -22.2 % |
Childcare | Puerto Rico Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 427.38 $ | 446.67 $ | +4.5 % |
| International Primary School, Yearly for 1 Child | 7,610.00 $ | 10,425.00 $ | +37.0 % |
Clothing And Shoes | Puerto Rico Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 48.03 $ | 48.21 $ | +0.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 46.33 $ | 41.15 $ | -11.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 86.16 $ | 83.67 $ | -2.9 % |
| 1 Pair of Men Leather Business Shoes | 100.23 $ | 110.45 $ | +10.2 % |
Rent Per Month | Puerto Rico Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre | 877.68 $ | 914.84 $ | +4.2 % |
| Apartment (1 bedroom) Outside of Centre | 636.13 $ | 698.62 $ | +9.8 % |
| Apartment (3 bedrooms) in City Centre | 1,621.15 $ | 1,778.87 $ | +9.7 % |
| Apartment (3 bedrooms) Outside of Centre | 1,148.33 $ | 1,355.77 $ | +18.1 % |
Buy Apartment Price | Puerto Rico Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 294.75 $ | 193.28 $ | -34.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 171.91 $ | 143.56 $ | -16.5 % |
Salaries And Financing | Puerto Rico Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) | 2,537.83 $ | 826.28 $ | -67.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.57 | 6.30 | +13.1 % |
| Last update: | 26 May 2025 | 22 May 2025 | |
| Contributors in the past 12 months: | 99 | 94 |
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