Central America Updated
Average Cost of Living in Bocastown-Isla-Colon-Panama
The average cost of living in Bocastown-Isla-Colon-Panama, Panama is $906 per month for a single person, and $1,893 per month for a family of four. A one-bedroom apartment rents for around $800 per month. The local average net salary is $675 per month.
Very affordable
Updated today
Index 20.6 · NYC = 100
Estimated monthly cost
- Single person
- $906 / month
- Family of 4
- $1,893 / mo
- Student
- $525 / mo
Includes rent, food, utilities, transport, and dining out. Excludes healthcare, taxes, and discretionary travel.
Salary that covers life in Bocastown-Isla-Colon-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
$675 / month
On this page 11 sections
| Section | Description |
|---|---|
| Salary calculator for Bocastown-Isla-Colon-Panama | Find out the monthly salary needed for a single, family, or student lifestyle. |
| Rent & Property Prices in Bocastown-Isla-Colon-Panama | Apartment rent and property purchase price per square meter. |
| Grocery Prices in Bocastown-Isla-Colon-Panama | Supermarket prices for staples like bread, milk, produce, and meat. |
| Public Transport & Car Costs in Bocastown-Isla-Colon-Panama | Public transport tickets, taxi fares, fuel, and vehicle prices. |
| Utility & Internet Costs in Bocastown-Isla-Colon-Panama | Monthly electricity, heating, water, mobile, and broadband bills. |
| Childcare & Preschool in Bocastown-Isla-Colon-Panama | Preschool fees and international school tuition. |
| Clothing Prices in Bocastown-Isla-Colon-Panama | Jeans, dresses, running shoes, and leather shoes from chain stores. |
| Gym, Cinema & Leisure in Bocastown-Isla-Colon-Panama | Gym memberships, tennis court rentals, and cinema tickets. |
| Restaurant Prices in Bocastown-Isla-Colon-Panama | Meals at inexpensive and mid-range restaurants, coffee, and soft drinks. |
| Salaries & Mortgages in Bocastown-Isla-Colon-Panama | Average monthly net salary and mortgage interest rates. |
| Bocastown-Isla-Colon-Panama FAQs | Common questions about rent, salaries, food, and transport in Bocastown-Isla-Colon-Panama. |
Rent & Property Prices in Bocastown-Isla-Colon-Panama
Apartment rent and property purchase price per square meter.
| Item | Median | Range (low–high) |
|---|---|---|
| 1 Bedroom Apartment in City Centre | $800 | $750 – $850 |
| 1 Bedroom Apartment Outside of City Centre | $587 | $460 – $700 |
| 3 Bedroom Apartment in City Centre | $1,200 | — |
| 3 Bedroom Apartment Outside of City Centre | $1,500 | — |
| 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 $800$750 – $850
- 1 Bedroom Apartment Outside of City Centre $587$460 – $700
- 3 Bedroom Apartment in City Centre $1,200
- 3 Bedroom Apartment Outside of City Centre $1,500
- Price per Square Meter to Buy Apartment in City Centre —
- Price per Square Meter to Buy Apartment Outside of Centre —
Grocery Prices in Bocastown-Isla-Colon-Panama
Supermarket prices for staples like bread, milk, produce, and meat.
| Item | Median | Range (low–high) |
|---|---|---|
| Milk (Regular, 1 Liter) | $2.02 | $1.65 – $2.22 |
| Fresh White Bread (500 g Loaf) | $2.84 | $1.55 – $3.86 |
| White Rice (1 kg) | $2.50 | — |
| Eggs (12, Large Size) | $2.70 | $2.25 – $3.30 |
| Local Cheese (1 kg) | $14 | $10 – $17 |
| Chicken Fillets (1 kg) | $7.72 | $3.50 – $9.37 |
| Beef Round or Equivalent Back Leg Red Meat (1 kg) | $8.27 | — |
| Apples (1 kg) | $5.12 | $3.75 – $6.50 |
| Bananas (1 kg) | $1.47 | $1.43 – $1.50 |
| Oranges (1 kg) | — | — |
| Tomatoes (1 kg) | $5.50 | — |
| Potatoes (1 kg) | $2.20 | — |
| Onions (1 kg) | $1.65 | — |
| Lettuce (1 Head) | $2.50 | — |
| Bottled Water (1.5 Liter) | $1.75 | — |
| Bottle of Wine (Mid-Range) | $9.00 | $9.00 – $9.00 |
| Domestic Beer (0.5 Liter Bottle) | $1.81 | $1.21 – $2.86 |
| Imported Beer (0.33 Liter Bottle) | $2.50 | $1.50 – $3.00 |
| Cigarettes (Pack of 20, Marlboro) | $4.75 | $4.50 – $5.00 |
- Milk (Regular, 1 Liter) $2.02$1.65 – $2.22
- Fresh White Bread (500 g Loaf) $2.84$1.55 – $3.86
- White Rice (1 kg) $2.50
- Eggs (12, Large Size) $2.70$2.25 – $3.30
- Local Cheese (1 kg) $14$10 – $17
- Chicken Fillets (1 kg) $7.72$3.50 – $9.37
- Beef Round or Equivalent Back Leg Red Meat (1 kg) $8.27
- Apples (1 kg) $5.12$3.75 – $6.50
- Bananas (1 kg) $1.47$1.43 – $1.50
- Oranges (1 kg) —
- Tomatoes (1 kg) $5.50
- Potatoes (1 kg) $2.20
- Onions (1 kg) $1.65
- Lettuce (1 Head) $2.50
- Bottled Water (1.5 Liter) $1.75
- Bottle of Wine (Mid-Range) $9.00$9.00 – $9.00
- Domestic Beer (0.5 Liter Bottle) $1.81$1.21 – $2.86
- Imported Beer (0.33 Liter Bottle) $2.50$1.50 – $3.00
- Cigarettes (Pack of 20, Marlboro) $4.75$4.50 – $5.00
Public Transport & Car Costs in Bocastown-Isla-Colon-Panama
Public transport tickets, taxi fares, fuel, and vehicle prices.
| Item | Median | Range (low–high) |
|---|---|---|
| One-Way Ticket (Local Transport) | $1.00 | — |
| Monthly Public Transport Pass (Regular Price) | — | — |
| Taxi Start (Standard Tariff) | $1.00 | — |
| Taxi 1 km (Standard Tariff) | $3.00 | — |
| Taxi 1 Hour Waiting (Standard Tariff) | — | — |
| Gasoline (1 Liter) | $1.40 | $0.91 – $1.80 |
| 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) $1.00
- Monthly Public Transport Pass (Regular Price) —
- Taxi Start (Standard Tariff) $1.00
- Taxi 1 km (Standard Tariff) $3.00
- Taxi 1 Hour Waiting (Standard Tariff) —
- Gasoline (1 Liter) $1.40$0.91 – $1.80
- Volkswagen Golf 1.5 (or Equivalent New Compact Car) —
- Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) —
Utility & Internet Costs in Bocastown-Isla-Colon-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) | $88 | $80 – $105 |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | $26 | $25 – $27 |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | $51 | $40 – $60 |
- Basic Utilities for 85 m2 Apartment (Electricity, Heating, Cooling, Water, Garbage) $88$80 – $105
- Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) $26$25 – $27
- Broadband Internet (Unlimited Data, 60 Mbps or Higher) $51$40 – $60
Childcare & Preschool in Bocastown-Isla-Colon-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 Bocastown-Isla-Colon-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 Bocastown-Isla-Colon-Panama
Gym memberships, tennis court rentals, and cinema tickets.
| Item | Median | Range (low–high) |
|---|---|---|
| Monthly Fitness Club Membership | $35 | — |
| Tennis Court Rental (1 Hour, Weekend) | — | — |
| Cinema Ticket (International Release) | — | — |
- Monthly Fitness Club Membership $35
- Tennis Court Rental (1 Hour, Weekend) —
- Cinema Ticket (International Release) —
Restaurant Prices in Bocastown-Isla-Colon-Panama
Meals at inexpensive and mid-range restaurants, coffee, and soft drinks.
| Item | Median | Range (low–high) |
|---|---|---|
| Meal at an Inexpensive Restaurant | $8.75 | $5.50 – $12 |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | $50 | $40 – $70 |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | — | — |
| Domestic Draft Beer (0.5 Liter) | $2.50 | $2.50 – $2.50 |
| Imported Beer (0.33 Liter Bottle) | $4.00 | — |
| Cappuccino (Regular Size) | $3.50 | — |
| Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle) | $1.50 | $1.00 – $2.00 |
| Bottled Water (0.33 Liter) | $1.50 | — |
- Meal at an Inexpensive Restaurant $8.75$5.50 – $12
- Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) $50$40 – $70
- Combo Meal at McDonald's (or Equivalent Fast-Food Meal) —
- Domestic Draft Beer (0.5 Liter) $2.50$2.50 – $2.50
- Imported Beer (0.33 Liter Bottle) $4.00
- Cappuccino (Regular Size) $3.50
- Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle) $1.50$1.00 – $2.00
- Bottled Water (0.33 Liter) $1.50
Salaries & Mortgages in Bocastown-Isla-Colon-Panama
Average monthly net salary and mortgage interest rates.
| Item | Median | Range (low–high) |
|---|---|---|
| Average Monthly Net Salary (After Tax) | $675 | — |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | — | — |
- Average Monthly Net Salary (After Tax) $675
- Annual Mortgage Interest Rate (20-Year Fixed, in %) —
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Frequently asked questions
- How much does it cost to live in Bocastown-Isla-Colon-Panama?
- An estimated $906 per month covers rent, food, utilities, and transport for one person in Bocastown-Isla-Colon-Panama. A family of four needs around $1,893 per month, while students living shared accommodation manage on roughly $525.
- How much money do I need to live in Bocastown-Isla-Colon-Panama?
- Plan for at least $906 per month as a single person, $1,893 per month for a family of four, or $525 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 Bocastown-Isla-Colon-Panama.
- What is the average rent in Bocastown-Isla-Colon-Panama?
- A one-bedroom apartment in Bocastown-Isla-Colon-Panama rents for around $800 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 Bocastown-Isla-Colon-Panama?
- The average monthly net salary in Bocastown-Isla-Colon-Panama is around $675. Whether that's enough to live comfortably depends on housing choice — rent typically claims 119% of a single-person paycheck.
- How much does food cost in Bocastown-Isla-Colon-Panama?
- A meal at an inexpensive restaurant in Bocastown-Isla-Colon-Panama costs around $8.75. Cooking at home, a single person spends roughly $74 per month on groceries. Staples like milk ($2.02/L) and bread ($2.84/500g) are typical.
- Is the internet expensive in Bocastown-Isla-Colon-Panama?
- Unlimited broadband at 60 Mbps or higher in Bocastown-Isla-Colon-Panama costs around $51 per month — useful context for remote workers comparing locations.