Cost of living in David

David, the capital of the Chiriquí Province in Panama, offers a unique blend of urban and rural living. Understanding the cost of living in David is crucial for anyone considering relocating or planning an extended stay.This guide provides a detailed breakdown of expenses, including housing, transportation, groceries, and more, to help you budget effectively and make informed decisions.

Cost of Living Summary

Dining and Restaurants
  • Inexpensive Restaurant MealA meal at a casual restaurant will typically cost $5, with no variation in price.
  • Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay around $36, with prices ranging from $30 to $40.
  • Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $6.75, with a range between $6.5 and $7.
  • Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer ranges from $1 to $2, imported beer $1.5 to $3, cappuccino $1.5 to $4.15, and Coke/Pepsi $1 to $1.75.
Grocery Prices
  • MilkMilk is priced between $0.92 and $1.79 per liter, averaging $1.75.
  • Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs between $1.97 and $2.25, with an average price of $2.14.
  • Eggs (Dozen)A dozen eggs range from $1.18 to $2.4, averaging $2.26.
  • Fruits (e.g., Apples)Apples cost $7.72 per kg.
  • Vegetables (e.g., Lettuce)Lettuce is priced between $0.75 and $2 per head, averaging $1.38.
Transportation
  • Public Transport (One-Way Ticket)A one-way local transport ticket costs $0.75.
  • Fuel (Gasoline)Gasoline is priced between $0.91 and $1.17 per liter.
  • Taxi FaresTaxi fares start at $3, with a cost of $1.86 to $3 per km.
Housing Costs
  • 1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre averages $350.
  • 1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent also averages $350.
  • 3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre averages $700.
  • 3-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent averages $600.
Utilities
  • Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment cost between $35 and $300, averaging $128.33.
  • InternetInternet services range from $30 to $55, with an average cost of $43.33.

Cost of Living Data

The following pricing data has been gathered from 16 user contributions, as of the most recent update in November, 2024.
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$5.00
Meal for 2 People, Mid-range Restaurant, Three-course
$36.00
McMeal at McDonalds (or Equivalent Combo Meal)
$6.75
Domestic Beer (0.5 liter draught)
$1.50
Imported Beer (0.33 liter bottle)
$2.25
Coke/Pepsi (0.33 liter bottle)
$1.42
Water (0.33 liter bottle)
$1.42
Cappuccino (regular)
$2.72
Markets
Avg / Range
Milk (regular), (1 liter)
$1.75
Loaf of Fresh White Bread (500g)
$2.14
Eggs (regular) (12)
$2.26
Local Cheese (1kg)
$5.51
Water (1.5 liter bottle)
$1.75
Bottle of Wine (Mid-Range)
$9.50
Domestic Beer (0.5 liter bottle)
$0.55
Chicken Fillets (1kg)
$11.02
Apples (1kg)
$7.72
Lettuce (1 head)
$1.38
Rice (white), (1kg)
$2.52
Onion (1kg)
$2.62
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$2.82
Transportation
Avg / Range
One-way Ticket (Local Transport)
$0.75
Gasoline (1 liter)
$1.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$25,000.00
Taxi Start (Normal Tariff)
$3.00
Taxi 1km (Normal Tariff)
$2.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$30,000.00
Rent Per Month
Avg / Range
Apartment (1 bedroom) in City Centre
$350.00
Apartment (1 bedroom) Outside of Centre
$350.00
Apartment (3 bedrooms) in City Centre
$700.00
Apartment (3 bedrooms) Outside of Centre
$600.00
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$128.33
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$43.33
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$28.00
Sports And Leisure
Avg / Range
Fitness Club, Monthly Fee for 1 Adult
$32.33
Tennis Court Rent (1 Hour on Weekend)
$5.00
Cinema, International Release, 1 Seat
$3.00
Salaries And Financing
Avg / Range
Average Monthly Net Salary (After Tax)
$600.00
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
7%
Childcare
Avg / Range
International Primary School, Yearly for 1 Child
$6,000.00
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
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