Cost of living in Bocastown
Bocastown, a vibrant city in Panama, offers a unique blend of cultural experiences and natural beauty. Understanding the cost of living here is crucial for anyone considering a move or extended stay.
This guide provides a detailed breakdown of expenses in Bocastown, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant MealA meal at a casual restaurant will typically cost $7 on average, with a range between $5.5 and $12.
- Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay around $55, with prices ranging from $50 to $70.
- Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $8.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer ranges from $1.5 to $2.5, imported beer $4, cappuccino $3.5, and Coke/Pepsi $1.75 to $2.
Grocery Prices
- MilkMilk is priced between $1.65 and $2.22 per liter, averaging $2.02.
- Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs between $1.55 and $2.76, with an average price of $2.5.
- Eggs (Dozen)A dozen eggs range from $2.25 to $3.3, averaging $2.77.
- Fruits (e.g., Apples, Bananas)Apples cost $6.5 per kg, while bananas average $1.43 per kg.
- Vegetables (e.g., Potatoes, Lettuce)Potatoes are priced at $2.2 per kg, and lettuce costs $1 to $2.5 per head.
Transportation
- Public Transport (One-Way Ticket)A one-way local transport ticket costs $0.6.
- Fuel (Gasoline)Gasoline is priced between $0.91 and $1.49 per liter.
- Taxi FaresTaxi fares are approximately $3 per km.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre averages $850.
- 1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent ranges from $460 to $600, averaging $530.
- 3-Bedroom Apartment Rent (Outside Centre)Rent for a 3-bedroom apartment outside the centre averages $593.72.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment cost between $39 and $80, averaging $66.33.
- InternetInternet services range from $30 to $52, with an average cost of $40.67.
Cost of Living Data
The following pricing data has been gathered from 12 user contributions, as of the most recent update in February, 2024.
Restaurants
Restaurants
Avg
Range
Meal, Inexpensive Restaurant
$7.00
Meal for 2 People, Mid-range Restaurant, Three-course
$55.00
McMeal at McDonalds (or Equivalent Combo Meal)
$8.00
Domestic Beer (0.5 liter draught)
$2.50
Imported Beer (0.33 liter bottle)
$4.00
Coke/Pepsi (0.33 liter bottle)
$1.88
Water (0.33 liter bottle)
$1.38
Cappuccino (regular)
$3.50
Markets
Markets
Avg
Range
Milk (regular), (1 liter)
$2.02
Loaf of Fresh White Bread (500g)
$2.50
Eggs (regular) (12)
$2.77
Local Cheese (1kg)
$17.30
Water (1.5 liter bottle)
$1.58
Bottle of Wine (Mid-Range)
$9.00
Domestic Beer (0.5 liter bottle)
$1.31
Imported Beer (0.33 liter bottle)
$2.16
Cigarettes 20 Pack (Marlboro)
$4.75
Chicken Fillets (1kg)
$6.17
Apples (1kg)
$6.50
Potato (1kg)
$2.20
Lettuce (1 head)
$1.75
Rice (white), (1kg)
$2.50
Banana (1kg)
$1.43
Onion (1kg)
$1.65
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$2.95
Transportation
Transportation
Avg
Range
One-way Ticket (Local Transport)
$0.60
Gasoline (1 liter)
$1.20
Taxi 1km (Normal Tariff)
$3.00
Rent Per Month
Rent Per Month
Avg
Range
Apartment (1 bedroom) in City Centre
$850.00
Apartment (1 bedroom) Outside of Centre
$530.00
Apartment (3 bedrooms) Outside of Centre
$593.72
Utilities (Monthly)
Utilities (Monthly)
Avg
Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$66.33
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$40.67
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$27.00
Salaries And Financing
Salaries And Financing
Avg
Range
Average Monthly Net Salary (After Tax)
$550.00
Worldwide
Panama
Cost of Living Rankings
The cost of living indices for Panama are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Panama, covering factors like consumer goods, rent, and purchasing power.
Highest to LowestUpdated: Oct, 2025
