Cost of living in Coronado

Coronado, a picturesque coastal town in Panama, offers a unique blend of tropical charm and modern amenities. Understanding the cost of living here is crucial for anyone considering relocation or extended stays.This guide provides a detailed breakdown of expenses, from dining and groceries to housing and transportation, helping you make informed financial decisions.

Cost of Living Summary

Dining and Restaurants
  • Inexpensive Restaurant MealA meal at a casual restaurant will typically cost $12 on average, with a range between $8 and $12.
  • Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay around $45.5, with prices ranging from $35 to $56.
  • Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $9.25, with a range between $7.49 and $11.
  • Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer ranges from $1 to $2, imported beer $2.5 to $4, cappuccino $3.5 to $4, and Coke/Pepsi $0.8 to $1.78.
Grocery Prices
  • MilkMilk is priced between $1.28 and $1.79 per liter, averaging $1.61.
  • Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs between $1.05 and $1.46, with an average price of $1.26.
  • Eggs (Dozen)A dozen eggs range from $2 to $2.45, averaging $2.23.
  • Fruits (e.g., Apples, Oranges)Apples cost $2.65 per kg, while oranges average $3 per kg.
  • Vegetables (e.g., Potatoes, Lettuce)Potatoes are priced between $1.75 and $2.23 per kg, and lettuce costs $1.03 to $2.5 per head.
Transportation
  • Public Transport (One-Way Ticket)A one-way local transport ticket costs between $0.7 and $2.
  • Fuel (Gasoline)Gasoline is priced between $0.85 and $1.34 per liter.
  • Taxi FaresTaxi fares start at $1.5, with a cost of $1.24 to $5 per km.
Housing Costs
  • 1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre ranges from $380 to $1000, averaging $760.
  • 1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent ranges from $240 to $750, averaging $563.33.
  • 3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre averages $1250.
  • 3-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent ranges from $850 to $1500, averaging $1175.
Utilities
  • Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment average $80.
  • InternetInternet services range from $50 to $59, with an average cost of $53.

Cost of Living Data

The following pricing data has been gathered from 15 user contributions, as of the most recent update in November, 2024.
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$12.00
Meal for 2 People, Mid-range Restaurant, Three-course
$45.50
McMeal at McDonalds (or Equivalent Combo Meal)
$9.25
Domestic Beer (0.5 liter draught)
$1.50
Imported Beer (0.33 liter bottle)
$3.00
Coke/Pepsi (0.33 liter bottle)
$1.18
Water (0.33 liter bottle)
$0.80
Cappuccino (regular)
$3.75
Markets
Avg / Range
Milk (regular), (1 liter)
$1.61
Loaf of Fresh White Bread (500g)
$1.26
Eggs (regular) (12)
$2.23
Local Cheese (1kg)
$14.88
Bottle of Wine (Mid-Range)
$7.50
Domestic Beer (0.5 liter bottle)
$0.81
Imported Beer (0.33 liter bottle)
$0.85
Cigarettes 20 Pack (Marlboro)
$6.00
Chicken Fillets (1kg)
$6.83
Apples (1kg)
$2.65
Oranges (1kg)
$3.00
Potato (1kg)
$2.06
Lettuce (1 head)
$2.15
Rice (white), (1kg)
$3.00
Tomato (1kg)
$2.95
Banana (1kg)
$1.05
Onion (1kg)
$2.10
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$6.33
Transportation
Avg / Range
One-way Ticket (Local Transport)
$1.00
Gasoline (1 liter)
$1.00
Taxi Start (Normal Tariff)
$1.50
Taxi 1km (Normal Tariff)
$1.50
Taxi 1hour Waiting (Normal Tariff)
$10.00
Rent Per Month
Avg / Range
Apartment (1 bedroom) in City Centre
$760.00
Apartment (1 bedroom) Outside of Centre
$563.33
Apartment (3 bedrooms) in City Centre
$1,250.00
Apartment (3 bedrooms) Outside of Centre
$1,175.00
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$80.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$53.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$17.00
Clothing And Shoes
Avg / Range
1 Pair of Jeans (Levis 501 Or Similar)
$45.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$30.00
1 Pair of Nike Running Shoes (Mid-Range)
$100.00
1 Pair of Men Leather Business Shoes
$132.50
Buy Apartment Price
Avg / Range
Price per Square Meter to Buy Apartment Outside of Centre
$2,000.00
Salaries And Financing
Avg / Range
Average Monthly Net Salary (After Tax)
$966.67
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
6%
Childcare
Avg / Range
International Primary School, Yearly for 1 Child
$6,500.00
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
Panama City
1
Panama City
Panama
OverviewJob Market