Cost of Living Comparison Between Puerto Rico and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 27.3% lower than in Puerto Rico (excluding rent) | |
| Cost of Living Including Rent in Panama is 18.6% lower than in Puerto Rico | |
| Rent Prices in Panama are 14.0% higher than in Puerto Rico | |
| Restaurant Prices in Panama are 23.6% lower than in Puerto Rico | |
| Groceries Prices in Panama are 24.5% lower than in Puerto Rico | |
| Local Purchasing Power in Panama is 59.0% lower than in Puerto Rico | |
Restaurants | Puerto Rico Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 14.50 $ | 10.00 $ | -31.0 % |
| 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) | 2.50 $ | 2.00 $ | -20.0 % |
| Imported Beer (12 oz small bottle) | 4.00 $ | 3.50 $ | -12.5 % |
| Cappuccino (regular) | 3.23 $ | 3.47 $ | +7.6 % |
| Coke/Pepsi (12 oz small bottle) | 1.52 $ | 1.48 $ | -3.0 % |
| Water (12 oz small bottle) | 1.22 $ | 1.22 $ | +0.5 % |
Markets | Puerto Rico Edit |
Panama Edit | |
| Milk (regular), (1 gallon) | 7.75 $ | 6.85 $ | -11.6 % |
| Loaf of Fresh White Bread (1 lb) | 2.78 $ | 2.21 $ | -20.5 % |
| Rice (white), (1 lb) | 1.05 $ | 1.04 $ | -0.7 % |
| Eggs (regular) (12) | 4.90 $ | 2.67 $ | -45.6 % |
| Local Cheese (1 lb) | 4.22 $ | 5.31 $ | +25.8 % |
| Chicken Fillets (1 lb) | 3.97 $ | 3.29 $ | -17.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 4.81 $ | 4.08 $ | -15.3 % |
| Apples (1 lb) | 2.47 $ | 1.83 $ | -25.9 % |
| Banana (1 lb) | 1.21 $ | 0.60 $ | -50.2 % |
| Oranges (1 lb) | 1.73 $ | 1.27 $ | -26.5 % |
| Tomato (1 lb) | 2.14 $ | 1.33 $ | -37.9 % |
| Potato (1 lb) | 1.46 $ | 0.95 $ | -34.6 % |
| Onion (1 lb) | 1.22 $ | 1.05 $ | -13.9 % |
| Lettuce (1 head) | 2.49 $ | 2.08 $ | -16.6 % |
| Water (1.5 liter bottle) | 1.87 $ | 1.56 $ | -16.6 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 10.00 $ | -33.3 % |
| Domestic Beer (0.5 liter bottle) | 2.24 $ | 1.20 $ | -46.2 % |
| Imported Beer (12 oz small bottle) | 3.21 $ | 2.15 $ | -33.2 % |
| Cigarettes 20 Pack (Marlboro) | 11.00 $ | 5.92 $ | -46.1 % |
Transportation | Puerto Rico Edit |
Panama Edit | |
| One-way Ticket (Local Transport) | 1.50 $ | 0.55 $ | -63.3 % |
| Monthly Pass (Regular Price) | 50.00 $ | 25.00 $ | -50.0 % |
| Taxi Start (Normal Tariff) | 8.00 $ | 2.25 $ | -71.9 % |
| Taxi 1 mile (Normal Tariff) | 1.61 $ | 3.22 $ | +100.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 40.00 $ | 21.00 $ | -47.5 % |
| Gasoline (1 gallon) | 3.67 $ | 3.51 $ | -4.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 32,500.00 $ | 20,000.00 $ | -38.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 26,846.76 $ | 21,464.58 $ | -20.0 % |
Utilities (Monthly) | Puerto Rico Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 302.42 $ | 109.00 $ | -64.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 72.39 $ | 29.47 $ | -59.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 67.53 $ | 48.80 $ | -27.7 % |
Sports And Leisure | Puerto Rico Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 34.99 $ | 52.40 $ | +49.8 % |
| Tennis Court Rent (1 Hour on Weekend) | 30.88 $ | 37.50 $ | +21.5 % |
| 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 | 401.98 $ | 446.67 $ | +11.1 % |
| 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) | 49.56 $ | 48.27 $ | -2.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 45.20 $ | 41.15 $ | -8.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 84.85 $ | 83.67 $ | -1.4 % |
| 1 Pair of Men Leather Business Shoes | 96.41 $ | 110.45 $ | +14.6 % |
Rent Per Month | Puerto Rico Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre | 862.75 $ | 920.45 $ | +6.7 % |
| Apartment (1 bedroom) Outside of Centre | 605.20 $ | 698.62 $ | +15.4 % |
| Apartment (3 bedrooms) in City Centre | 1,608.93 $ | 1,805.53 $ | +12.2 % |
| Apartment (3 bedrooms) Outside of Centre | 1,111.36 $ | 1,351.92 $ | +21.6 % |
Buy Apartment Price | Puerto Rico Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 259.75 $ | 200.90 $ | -22.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 159.41 $ | 143.56 $ | -9.9 % |
Salaries And Financing | Puerto Rico Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) | 2,473.38 $ | 826.28 $ | -66.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.45 | 6.30 | +15.6 % |
| Last update: | April 2025 | March 2025 | |
| Contributors in the past 12 months: | 94 | 90 |
Moving to Panama? Explore:
Other comparisons Puerto Rico vs Panama: