Cost of Living in Panama City for Digital Nomads (2026)
🇵🇦 Latin America · updated 2026-07 · auto-refreshed monthly
Quick answer
Comfortable / month
$1,610
1-bed rent
$900
Internet
90 Mbps
75
Nomad Score
Monthly budget — three lifestyles
Lean
$1,256
per month
Comfortable
$1,610
per month
Premium
$2,415
per month
Full cost breakdown
| Rent (1-bed, central) | $900 |
|---|---|
| Food & groceries | $330 |
| Coworking | $130 |
| Local transport | $45 |
| Other (SIM, gym, leisure) | $205 |
| Total | $1,610/month |
FAQ
How much does it cost to live in Panama City as a digital nomad?
About $1,610 per month for a comfortable solo setup, covering rent ($900), food ($330), coworking ($130), transport ($45) and other costs.
Is the internet fast enough in Panama City?
Average fixed broadband is around 90 Mbps, which handles video calls and uploads comfortably.
What is the weather like in Panama City?
Tropical, hot.
Compare Panama City with nearby hubs
Head-to-head on cost, internet and Nomad Score.
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Sources: numbeo.com/cost-of-living/in/Panama-City, speedtest.net/global-index. Figures are aggregated estimates, auto-updated monthly — verify before major decisions.