Central America Updated
Average Cost of Living in Bocas-del-Toro-Panama
The average cost of living in Bocas-del-Toro-Panama, Panama is $1,145 per month for a single person, and $1,813 per month for a family of four. A one-bedroom apartment rents for around $750 per month. The local average net salary is $700 per month.
Very affordable
Updated today
Index 26 · NYC = 100
Estimated monthly cost
- Single person
- $1,145 / month
- Family of 4
- $1,813 / mo
- Student
- $659 / mo
Includes rent, food, utilities, transport, and dining out. Excludes healthcare, taxes, and discretionary travel.
Salary that covers life in Bocas-del-Toro-Panama
Adjust the household and see the gap or surplus vs. typical local pay.
Interactive
You need at least
$0 / month
Annual gross (25% tax)
$0
vs. local average net salary
$700 / month
On this page 11 sections
| Section | Description |
|---|---|
| Salary calculator for Bocas-del-Toro-Panama | Find out the monthly salary needed for a single, family, or student lifestyle. |
| Rent & Property Prices in Bocas-del-Toro-Panama | Apartment rent and property purchase price per square meter. |
| Grocery Prices in Bocas-del-Toro-Panama | Supermarket prices for staples like bread, milk, produce, and meat. |
| Public Transport & Car Costs in Bocas-del-Toro-Panama | Public transport tickets, taxi fares, fuel, and vehicle prices. |
| Utility & Internet Costs in Bocas-del-Toro-Panama | Monthly electricity, heating, water, mobile, and broadband bills. |
| Childcare & Preschool in Bocas-del-Toro-Panama | Preschool fees and international school tuition. |
| Clothing Prices in Bocas-del-Toro-Panama | Jeans, dresses, running shoes, and leather shoes from chain stores. |
| Gym, Cinema & Leisure in Bocas-del-Toro-Panama | Gym memberships, tennis court rentals, and cinema tickets. |
| Restaurant Prices in Bocas-del-Toro-Panama | Meals at inexpensive and mid-range restaurants, coffee, and soft drinks. |
| Salaries & Mortgages in Bocas-del-Toro-Panama | Average monthly net salary and mortgage interest rates. |
| Bocas-del-Toro-Panama FAQs | Common questions about rent, salaries, food, and transport in Bocas-del-Toro-Panama. |
Rent & Property Prices in Bocas-del-Toro-Panama
Apartment rent and property purchase price per square meter.
| Item | Median | Range (low–high) |
|---|---|---|
| 1 Bedroom Apartment in City Centre | $750 | — |
| 1 Bedroom Apartment Outside of City Centre | $900 | — |
| 3 Bedroom Apartment in City Centre | $1,200 | — |
| 3 Bedroom Apartment Outside of City Centre | $1,200 | — |
| Price per Square Meter to Buy Apartment in City Centre | — | — |
| Price per Square Meter to Buy Apartment Outside of Centre | — | — |
- 1 Bedroom Apartment in City Centre $750
- 1 Bedroom Apartment Outside of City Centre $900
- 3 Bedroom Apartment in City Centre $1,200
- 3 Bedroom Apartment Outside of City Centre $1,200
- Price per Square Meter to Buy Apartment in City Centre —
- Price per Square Meter to Buy Apartment Outside of Centre —
Grocery Prices in Bocas-del-Toro-Panama
Supermarket prices for staples like bread, milk, produce, and meat.
| Item | Median | Range (low–high) |
|---|---|---|
| Milk (Regular, 1 Liter) | $2.00 | — |
| Fresh White Bread (500 g Loaf) | $3.86 | — |
| White Rice (1 kg) | — | — |
| Eggs (12, Large Size) | $2.62 | $2.50 – $2.75 |
| Local Cheese (1 kg) | $17 | — |
| Chicken Fillets (1 kg) | $8.82 | — |
| Beef Round or Equivalent Back Leg Red Meat (1 kg) | $8.27 | — |
| Apples (1 kg) | $9.92 | — |
| Bananas (1 kg) | $1.50 | — |
| Oranges (1 kg) | — | — |
| Tomatoes (1 kg) | $4.96 | — |
| Potatoes (1 kg) | $3.31 | — |
| Onions (1 kg) | — | — |
| Lettuce (1 Head) | — | — |
| Bottled Water (1.5 Liter) | $1.62 | $1.50 – $1.75 |
| Bottle of Wine (Mid-Range) | — | — |
| Domestic Beer (0.5 Liter Bottle) | $2.86 | — |
| Imported Beer (0.33 Liter Bottle) | $2.50 | — |
| Cigarettes (Pack of 20, Marlboro) | — | — |
- Milk (Regular, 1 Liter) $2.00
- Fresh White Bread (500 g Loaf) $3.86
- White Rice (1 kg) —
- Eggs (12, Large Size) $2.62$2.50 – $2.75
- Local Cheese (1 kg) $17
- Chicken Fillets (1 kg) $8.82
- Beef Round or Equivalent Back Leg Red Meat (1 kg) $8.27
- Apples (1 kg) $9.92
- Bananas (1 kg) $1.50
- Oranges (1 kg) —
- Tomatoes (1 kg) $4.96
- Potatoes (1 kg) $3.31
- Onions (1 kg) —
- Lettuce (1 Head) —
- Bottled Water (1.5 Liter) $1.62$1.50 – $1.75
- Bottle of Wine (Mid-Range) —
- Domestic Beer (0.5 Liter Bottle) $2.86
- Imported Beer (0.33 Liter Bottle) $2.50
- Cigarettes (Pack of 20, Marlboro) —
Public Transport & Car Costs in Bocas-del-Toro-Panama
Public transport tickets, taxi fares, fuel, and vehicle prices.
| Item | Median | Range (low–high) |
|---|---|---|
| One-Way Ticket (Local Transport) | — | — |
| Monthly Public Transport Pass (Regular Price) | — | — |
| Taxi Start (Standard Tariff) | — | — |
| Taxi 1 km (Standard Tariff) | — | — |
| Taxi 1 Hour Waiting (Standard Tariff) | — | — |
| Gasoline (1 Liter) | — | — |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | — | — |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | — | — |
- One-Way Ticket (Local Transport) —
- Monthly Public Transport Pass (Regular Price) —
- Taxi Start (Standard Tariff) —
- Taxi 1 km (Standard Tariff) —
- Taxi 1 Hour Waiting (Standard Tariff) —
- Gasoline (1 Liter) —
- Volkswagen Golf 1.5 (or Equivalent New Compact Car) —
- Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) —
Utility & Internet Costs in Bocas-del-Toro-Panama
Monthly electricity, heating, water, mobile, and broadband bills.
| Item | Median | Range (low–high) |
|---|---|---|
| Basic Utilities for 85 m2 Apartment (Electricity, Heating, Cooling, Water, Garbage) | — | — |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | $40 | $30 – $50 |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | $35 | — |
- Basic Utilities for 85 m2 Apartment (Electricity, Heating, Cooling, Water, Garbage) —
- Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) $40$30 – $50
- Broadband Internet (Unlimited Data, 60 Mbps or Higher) $35
Childcare & Preschool in Bocas-del-Toro-Panama
Preschool fees and international school tuition.
| Item | Median | Range (low–high) |
|---|---|---|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | — | — |
| International Primary School, Annual Tuition per Child | — | — |
- Private Full-Day Preschool or Kindergarten, Monthly Fee per Child —
- International Primary School, Annual Tuition per Child —
Clothing Prices in Bocas-del-Toro-Panama
Jeans, dresses, running shoes, and leather shoes from chain stores.
| Item | Median | Range (low–high) |
|---|---|---|
| Jeans (Levi's 501 or Similar) | — | — |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | — | — |
| Nike Running Shoes (Mid-Range) | — | — |
| Men's Leather Business Shoes | — | — |
- Jeans (Levi's 501 or Similar) —
- Summer Dress in a Chain Store (e.g. Zara or H&M) —
- Nike Running Shoes (Mid-Range) —
- Men's Leather Business Shoes —
Gym, Cinema & Leisure in Bocas-del-Toro-Panama
Gym memberships, tennis court rentals, and cinema tickets.
| Item | Median | Range (low–high) |
|---|---|---|
| Monthly Fitness Club Membership | — | — |
| Tennis Court Rental (1 Hour, Weekend) | — | — |
| Cinema Ticket (International Release) | — | — |
- Monthly Fitness Club Membership —
- Tennis Court Rental (1 Hour, Weekend) —
- Cinema Ticket (International Release) —
Restaurant Prices in Bocas-del-Toro-Panama
Meals at inexpensive and mid-range restaurants, coffee, and soft drinks.
| Item | Median | Range (low–high) |
|---|---|---|
| Meal at an Inexpensive Restaurant | $9.50 | $7.00 – $12 |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | $50 | $40 – $60 |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | $10 | — |
| Domestic Draft Beer (0.5 Liter) | $2.00 | $2.00 – $2.00 |
| Imported Beer (0.33 Liter Bottle) | $4.00 | $3.00 – $5.00 |
| Cappuccino (Regular Size) | $4.00 | — |
| Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle) | $1.75 | $1.00 – $2.50 |
| Bottled Water (0.33 Liter) | $1.62 | $1.25 – $2.00 |
- Meal at an Inexpensive Restaurant $9.50$7.00 – $12
- Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) $50$40 – $60
- Combo Meal at McDonald's (or Equivalent Fast-Food Meal) $10
- Domestic Draft Beer (0.5 Liter) $2.00$2.00 – $2.00
- Imported Beer (0.33 Liter Bottle) $4.00$3.00 – $5.00
- Cappuccino (Regular Size) $4.00
- Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle) $1.75$1.00 – $2.50
- Bottled Water (0.33 Liter) $1.62$1.25 – $2.00
Salaries & Mortgages in Bocas-del-Toro-Panama
Average monthly net salary and mortgage interest rates.
| Item | Median | Range (low–high) |
|---|---|---|
| Average Monthly Net Salary (After Tax) | $700 | — |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | — | — |
- Average Monthly Net Salary (After Tax) $700
- Annual Mortgage Interest Rate (20-Year Fixed, in %) —
Compare Bocas-del-Toro-Panama with…
Pick any city to see costs side by side.
Related cities
Similar cost tier, nearby, or in the same country.
Panama
Boquete-Panama
Monthly / 1 person
$982
vs NYC
22.3/100
Panama
Coronado-Panama
Monthly / 1 person
$948
vs NYC
21.5/100
Panama
Panama-City-Panama
Monthly / 1 person
$1,349
vs NYC
30.7/100
Panama
Bocastown-Isla-Colon-Panama
Monthly / 1 person
$906
vs NYC
20.6/100
Panama
El-Valle-de-Anton-Panama
Monthly / 1 person
$818
vs NYC
18.6/100
Panama
Santiago-Panama
Monthly / 1 person
$814
vs NYC
18.5/100
Frequently asked questions
- How much does it cost to live in Bocas-del-Toro-Panama?
- An estimated $1,145 per month covers rent, food, utilities, and transport for one person in Bocas-del-Toro-Panama. A family of four needs around $1,813 per month, while students living shared accommodation manage on roughly $659.
- How much money do I need to live in Bocas-del-Toro-Panama?
- Plan for at least $1,145 per month as a single person, $1,813 per month for a family of four, or $659 per month as a student in shared accommodation. Add 15–25% on top for taxes, savings, and discretionary spending — that's the salary you should be targeting before relocating to Bocas-del-Toro-Panama.
- What is the average rent in Bocas-del-Toro-Panama?
- A one-bedroom apartment in Bocas-del-Toro-Panama rents for around $750 per month, with three-bedroom apartments in the city centre around $1,200 per month. Prices vary depending on neighbourhood, building age, and furnishings.
- What is the average salary in Bocas-del-Toro-Panama?
- The average monthly net salary in Bocas-del-Toro-Panama is around $700. Whether that's enough to live comfortably depends on housing choice — rent typically claims 107% of a single-person paycheck.
- How much does food cost in Bocas-del-Toro-Panama?
- A meal at an inexpensive restaurant in Bocas-del-Toro-Panama costs around $9.50. Cooking at home, a single person spends roughly $81 per month on groceries. Staples like milk ($2.00/L) and bread ($3.86/500g) are typical.
- Is the internet expensive in Bocas-del-Toro-Panama?
- Unlimited broadband at 60 Mbps or higher in Bocas-del-Toro-Panama costs around $35 per month — useful context for remote workers comparing locations.