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Montevideo vs Panama City for Digital Nomads

🇺🇾 Montevideo  vs  🇵🇦 Panama City · updated 2026-07

Verdict

Cheaper: Montevideo · Faster internet: Montevideo · Higher Nomad Score: Montevideo.

Head-to-head

🇺🇾 Montevideo🇵🇦 Panama City
Comfortable / month$1,365 ★$1,610
1-bed rent$700 ★$900
Food$320 ★$330
Coworking$120 ★$130
Internet (Mbps)110 ★90
Affordability83 ★77
Weather74 76 ★
Community70 74 ★
Nomad Score78 ★75
ClimateTemperate coastalTropical, hot

★ = better on that row. Figures are aggregated estimates.

FAQ

Is Montevideo or Panama City cheaper for digital nomads?

Montevideo is cheaper — about $1,365/month vs $1,610/month for a comfortable solo setup.

Which has faster internet, Montevideo or Panama City?

Montevideo has faster average broadband (110 Mbps vs 90 Mbps).

Which has the higher Nomad Score?

Montevideo scores 78 vs 75 on our composite of affordability, connectivity, weather and community.

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