Central America Updated
Average Cost of Living in Volcán-Panama
The average cost of living in Volcán-Panama, Panama is $534 per month for a single person, and $1,199 per month for a family of four. A one-bedroom apartment rents for around $350 per month. The local average net salary is $600 per month.
Very affordable
Updated today
Index 12.1 · NYC = 100
Estimated monthly cost
- Single person
- $534 / month
- Family of 4
- $1,199 / mo
- Student
- $315 / mo
Includes rent, food, utilities, transport, and dining out. Excludes healthcare, taxes, and discretionary travel.
Salary that covers life in Volcán-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
$600 / month
On this page 11 sections
| Section | Description |
|---|---|
| Salary calculator for Volcán-Panama | Find out the monthly salary needed for a single, family, or student lifestyle. |
| Rent & Property Prices in Volcán-Panama | Apartment rent and property purchase price per square meter. |
| Grocery Prices in Volcán-Panama | Supermarket prices for staples like bread, milk, produce, and meat. |
| Public Transport & Car Costs in Volcán-Panama | Public transport tickets, taxi fares, fuel, and vehicle prices. |
| Utility & Internet Costs in Volcán-Panama | Monthly electricity, heating, water, mobile, and broadband bills. |
| Childcare & Preschool in Volcán-Panama | Preschool fees and international school tuition. |
| Clothing Prices in Volcán-Panama | Jeans, dresses, running shoes, and leather shoes from chain stores. |
| Gym, Cinema & Leisure in Volcán-Panama | Gym memberships, tennis court rentals, and cinema tickets. |
| Restaurant Prices in Volcán-Panama | Meals at inexpensive and mid-range restaurants, coffee, and soft drinks. |
| Salaries & Mortgages in Volcán-Panama | Average monthly net salary and mortgage interest rates. |
| Volcán-Panama FAQs | Common questions about rent, salaries, food, and transport in Volcán-Panama. |
Rent & Property Prices in Volcán-Panama
Apartment rent and property purchase price per square meter.
| Item | Median | Range (low–high) |
|---|---|---|
| 1 Bedroom Apartment in City Centre | $350 | — |
| 1 Bedroom Apartment Outside of City Centre | $300 | — |
| 3 Bedroom Apartment in City Centre | $700 | — |
| 3 Bedroom Apartment Outside of City Centre | $500 | — |
| Price per Square Meter to Buy Apartment in City Centre | $1,400 | — |
| Price per Square Meter to Buy Apartment Outside of Centre | $1,000 | — |
- 1 Bedroom Apartment in City Centre $350
- 1 Bedroom Apartment Outside of City Centre $300
- 3 Bedroom Apartment in City Centre $700
- 3 Bedroom Apartment Outside of City Centre $500
- Price per Square Meter to Buy Apartment in City Centre $1,400
- Price per Square Meter to Buy Apartment Outside of Centre $1,000
Grocery Prices in Volcán-Panama
Supermarket prices for staples like bread, milk, produce, and meat.
| Item | Median | Range (low–high) |
|---|---|---|
| Milk (Regular, 1 Liter) | $1.50 | — |
| Fresh White Bread (500 g Loaf) | $2.00 | — |
| White Rice (1 kg) | $1.25 | — |
| Eggs (12, Large Size) | $2.25 | — |
| Local Cheese (1 kg) | $7.00 | — |
| Chicken Fillets (1 kg) | $5.50 | — |
| Beef Round or Equivalent Back Leg Red Meat (1 kg) | $8.00 | — |
| Apples (1 kg) | $3.00 | — |
| Bananas (1 kg) | $1.00 | — |
| Oranges (1 kg) | $2.00 | — |
| Tomatoes (1 kg) | $1.75 | — |
| Potatoes (1 kg) | $1.50 | — |
| Onions (1 kg) | $1.25 | — |
| Lettuce (1 Head) | $1.25 | — |
| Bottled Water (1.5 Liter) | $1.00 | — |
| Bottle of Wine (Mid-Range) | $10 | — |
| Domestic Beer (0.5 Liter Bottle) | $1.79 | — |
| Imported Beer (0.33 Liter Bottle) | $2.00 | — |
| Cigarettes (Pack of 20, Marlboro) | $4.00 | — |
- Milk (Regular, 1 Liter) $1.50
- Fresh White Bread (500 g Loaf) $2.00
- White Rice (1 kg) $1.25
- Eggs (12, Large Size) $2.25
- Local Cheese (1 kg) $7.00
- Chicken Fillets (1 kg) $5.50
- Beef Round or Equivalent Back Leg Red Meat (1 kg) $8.00
- Apples (1 kg) $3.00
- Bananas (1 kg) $1.00
- Oranges (1 kg) $2.00
- Tomatoes (1 kg) $1.75
- Potatoes (1 kg) $1.50
- Onions (1 kg) $1.25
- Lettuce (1 Head) $1.25
- Bottled Water (1.5 Liter) $1.00
- Bottle of Wine (Mid-Range) $10
- Domestic Beer (0.5 Liter Bottle) $1.79
- Imported Beer (0.33 Liter Bottle) $2.00
- Cigarettes (Pack of 20, Marlboro) $4.00
Public Transport & Car Costs in Volcán-Panama
Public transport tickets, taxi fares, fuel, and vehicle prices.
| Item | Median | Range (low–high) |
|---|---|---|
| One-Way Ticket (Local Transport) | $0.40 | — |
| Monthly Public Transport Pass (Regular Price) | $10 | — |
| Taxi Start (Standard Tariff) | $2.00 | — |
| Taxi 1 km (Standard Tariff) | $1.25 | — |
| Taxi 1 Hour Waiting (Standard Tariff) | $8.00 | — |
| Gasoline (1 Liter) | $1.05 | — |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | $26,000 | — |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | $24,000 | — |
- One-Way Ticket (Local Transport) $0.40
- Monthly Public Transport Pass (Regular Price) $10
- Taxi Start (Standard Tariff) $2.00
- Taxi 1 km (Standard Tariff) $1.25
- Taxi 1 Hour Waiting (Standard Tariff) $8.00
- Gasoline (1 Liter) $1.05
- Volkswagen Golf 1.5 (or Equivalent New Compact Car) $26,000
- Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) $24,000
Utility & Internet Costs in Volcán-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) | $45 | — |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | $22 | — |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | $55 | — |
- Basic Utilities for 85 m2 Apartment (Electricity, Heating, Cooling, Water, Garbage) $45
- Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) $22
- Broadband Internet (Unlimited Data, 60 Mbps or Higher) $55
Childcare & Preschool in Volcán-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 Volcán-Panama
Jeans, dresses, running shoes, and leather shoes from chain stores.
| Item | Median | Range (low–high) |
|---|---|---|
| Jeans (Levi's 501 or Similar) | $40 | — |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | $30 | — |
| Nike Running Shoes (Mid-Range) | $65 | — |
| Men's Leather Business Shoes | $80 | — |
- Jeans (Levi's 501 or Similar) $40
- Summer Dress in a Chain Store (e.g. Zara or H&M) $30
- Nike Running Shoes (Mid-Range) $65
- Men's Leather Business Shoes $80
Gym, Cinema & Leisure in Volcán-Panama
Gym memberships, tennis court rentals, and cinema tickets.
| Item | Median | Range (low–high) |
|---|---|---|
| Monthly Fitness Club Membership | $25 | — |
| Tennis Court Rental (1 Hour, Weekend) | $10 | — |
| Cinema Ticket (International Release) | $6.00 | — |
- Monthly Fitness Club Membership $25
- Tennis Court Rental (1 Hour, Weekend) $10
- Cinema Ticket (International Release) $6.00
Restaurant Prices in Volcán-Panama
Meals at inexpensive and mid-range restaurants, coffee, and soft drinks.
| Item | Median | Range (low–high) |
|---|---|---|
| Meal at an Inexpensive Restaurant | $6.00 | — |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | $30 | — |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | $7.00 | — |
| Domestic Draft Beer (0.5 Liter) | $2.00 | — |
| Imported Beer (0.33 Liter Bottle) | $3.00 | — |
| Cappuccino (Regular Size) | $2.50 | — |
| Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle) | $1.25 | — |
| Bottled Water (0.33 Liter) | $1.00 | — |
- Meal at an Inexpensive Restaurant $6.00
- Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) $30
- Combo Meal at McDonald's (or Equivalent Fast-Food Meal) $7.00
- Domestic Draft Beer (0.5 Liter) $2.00
- Imported Beer (0.33 Liter Bottle) $3.00
- Cappuccino (Regular Size) $2.50
- Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle) $1.25
- Bottled Water (0.33 Liter) $1.00
Salaries & Mortgages in Volcán-Panama
Average monthly net salary and mortgage interest rates.
| Item | Median | Range (low–high) |
|---|---|---|
| Average Monthly Net Salary (After Tax) | $600 | — |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.25% | — |
- Average Monthly Net Salary (After Tax) $600
- Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.25%
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Frequently asked questions
- How much does it cost to live in Volcán-Panama?
- An estimated $534 per month covers rent, food, utilities, and transport for one person in Volcán-Panama. A family of four needs around $1,199 per month, while students living shared accommodation manage on roughly $315.
- How much money do I need to live in Volcán-Panama?
- Plan for at least $534 per month as a single person, $1,199 per month for a family of four, or $315 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 Volcán-Panama.
- What is the average rent in Volcán-Panama?
- A one-bedroom apartment in Volcán-Panama rents for around $350 per month, with three-bedroom apartments in the city centre around $700 per month. Prices vary depending on neighbourhood, building age, and furnishings.
- What is the average salary in Volcán-Panama?
- The average monthly net salary in Volcán-Panama is around $600. Whether that's enough to live comfortably depends on housing choice — rent typically claims 58% of a single-person paycheck.
- How much does food cost in Volcán-Panama?
- A meal at an inexpensive restaurant in Volcán-Panama costs around $6.00. Cooking at home, a single person spends roughly $46 per month on groceries. Staples like milk ($1.50/L) and bread ($2.00/500g) are typical.
- What is public transport like in Volcán-Panama?
- A monthly public transport pass in Volcán-Panama costs around $10. Cities with extensive metro and bus networks generally let residents skip car ownership entirely, particularly when commuting from areas outside the city centre.
- Is the internet expensive in Volcán-Panama?
- Unlimited broadband at 60 Mbps or higher in Volcán-Panama costs around $55 per month — useful context for remote workers comparing locations.