Cost of living in Colon, Panama

The cost of living in Colon, Panama is approximately 1182 $ per month for a single person, including rent.

For a family of four, it's around 2628 $, also including rent.

The cost of living in Colon is 12% cheaper than in Columbus, without rent.

Rent in Colon is, on average, 57% lower than in Columbus.

Cost of living in Colon

Cost of Living, one person, including rent
1182 $
Without Rent
595 $
Rent & Utilities
588 $
Food
454 $
Transport
58 $
Monthly Salary, after tax
801 $
GDP per Capita
18,662 $
Freedom Index
7.57
Lifespan
77 years
Speak English
14%
Population
242.0K

Do you live in Colon? Help us.

Update Prices

Restaurants

Lunch menu, inexpensive restaurant 11.8 $
Dinner 46.9 $
Fast food, McDonalds or KFC 7.68 $
Beer, 0.5 L or 16 fl oz 2.72 $
Capuccino 3.8 $
Coke, 330ml 1.9 $

Compare Colon with:

Markets

Milk, 1 L or 1 qt 1.8 $
Bread, 0.5 kg or 1 lb 2.33 $
Rice, 1 kg or 2 lb 2.33 $
Eggs, 12 pack 2.81 $
Cheese, 1 kg or 2 lb 12.2 $
Chicken Breast, 1 kg or 2 lb 7.12 $
Round Steak, 1 kg or 2 lb 10.3 $
Apples, 1 kg or 2 lb 3.05 $
Banana, 1 kg or 2 lb 1.56 $
Oranges, 1 kg or 2 lb 3.06 $
Tomato, 1 kg or 2 lb 3.02 $
Potato, 1 kg or 2.2 lb 2.61 $
Onion, 1 kg or 2.2 lb 2.5 $
Water, 1 L or 1 qt 0.99 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.33 $
Wine, 750 mL bottle 8.05 $
Beer, 0.5 L or 16 fl oz 1.07 $
Cigarette pack 5.52 $

Transportation

One-way Ticket 0.4 $
Monthly Pass 37.4 $
Gas or Petrol, 1l or 0.26 gal 1.29 $
Taxi, 8 km 14.1 $

Personal Care

Doctor Visit, private clinic 39.2 $
Cold medicine, for 1 week 19.7 $
Hair Shampoo, 400 ml or 12 oz. 3.68 $
Toilet paper, 4 rolls 2.28 $
Toothpaste, 1 tube 1.44 $

Utilities per Month

1 person, electricity, heating, water & garbage 105 $
Family of 4, electricity, heating, water & garbage 159 $
Internet plan, +60 Mbps 47.7 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 429 $
3 Bedroom Apartment, outside of center, 85 sq.m 474 $
1 Bedroom Apartment, in city center, 40 sq.m 459 $
3 Bedroom Apartment, in city center, 85 sq.m 804 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,331 $
Price per Square Meter to Buy House, in suburbs 1,481 $

Salaries and Financing

Average Monthly Net Salary, after tax 801 $
Mortgage Interest Rate, for 20 years fixed-rate 6.13%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 25 $
Cinema, 1 seat 6.46 $
Haircut 6.42 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 79.5 $
Brand Jeans, Levis 501 52.3 $

Childcare

Preschool, full day, monthly for 1 child 442 $
International Primary School, yearly for 1 child 9,559 $

Compare Colon with other top cities

Cayman Islands
Colon vs George Town (George Town is 208% more expensive)
Bahamas
Colon vs Nassau (Nassau is 133% more expensive) Colon vs Freeport (Freeport is 86% more expensive)
Vanuatu
Colon vs Port Vila (Port Vila is 99% more expensive) Colon vs Luganville (Luganville is 158% more expensive)
United States
Colon vs New York City (New York City is 243% more expensive) Colon vs Los Angeles (Los Angeles is 170% more expensive) Colon vs Chicago (Chicago is 126% more expensive) Colon vs Houston (Houston is 90% more expensive) Colon vs Phoenix (Phoenix is 100% more expensive) Colon vs Philadelphia (Philadelphia is 115% more expensive) Colon vs San Antonio (San Antonio is 86% more expensive) Colon vs San Diego (San Diego is 183% more expensive) Colon vs Dallas (Dallas is 116% more expensive) Colon vs San Jose (San Jose is 211% more expensive)
Canada
Colon vs Toronto (Toronto is 118% more expensive) Colon vs Montreal (Montreal is 65% more expensive) Colon vs Calgary (Calgary is 82% more expensive) Colon vs Ottawa (Ottawa is 89% more expensive) Colon vs Edmonton (Edmonton is 51% more expensive) Colon vs Winnipeg (Winnipeg is 48% more expensive) Colon vs Mississauga (Mississauga is 109% more expensive) Colon vs Vancouver (Vancouver is 124% more expensive) Colon vs Brampton (Brampton is 80% more expensive) Colon vs Hamilton (Hamilton is 82% more expensive)
Barbados
Colon vs Bridgetown (Bridgetown is 15% more expensive) Colon vs Holetown (Holetown is 18% more expensive)
Panama
Colon vs Panama City (Panama City is 17% more expensive) Colon vs Colon (Colon has similar costs) Colon vs Tocumen (Tocumen is 4% more expensive) Colon vs Santiago de Veraguas (Santiago de Veraguas is 11% less expensive) Colon vs David (David is 30% less expensive) Colon vs La Chorrera (La Chorrera is 19% less expensive) Colon vs Balboa (Balboa is 6% more expensive) Colon vs Pacora (Pacora is 6% more expensive) Colon vs Chitre (Chitre is 8% less expensive) Colon vs Penonome (Penonome is 7% less expensive)
Saint Kitts And Nevis
Colon vs Basseterre (Basseterre is 5% more expensive) Colon vs Cayon (Cayon is 5% more expensive)
Cuba
Colon vs Havana (Havana is 13% less expensive) Colon vs Santiago de Cuba (Santiago de Cuba is 20% more expensive) Colon vs Holguin (Holguin is 8% more expensive) Colon vs Camaguey (Camaguey is 29% more expensive) Colon vs Santa Clara (Santa Clara is 11% less expensive) Colon vs Bayamo (Bayamo is 1% less expensive) Colon vs Guantanamo (Guantanamo is 32% more expensive) Colon vs Las Tunas (Las Tunas is 32% more expensive) Colon vs Pinar del Rio (Pinar del Rio is 7% less expensive) Colon vs Cienfuegos (Cienfuegos is 26% less expensive)
Costa Rica
Colon vs San Jose (San Jose is 5% more expensive) Colon vs Limon (Limon is 2% more expensive) Colon vs Liberia (Liberia is 24% less expensive) Colon vs Alajuela (Alajuela is 4% more expensive) Colon vs Puntarenas (Puntarenas is 8% more expensive) Colon vs Cartago (Cartago is 19% less expensive) Colon vs Heredia (Heredia is 5% more expensive) Colon vs Tamarindo (Tamarindo is 43% more expensive) Colon vs Santa Teresa (Santa Teresa is 11% more expensive)
Saint Lucia
Colon vs Castries (Castries is 2% less expensive) Colon vs Vieux Fort (Vieux Fort is 1% more expensive)
Jamaica
Colon vs Kingston (Kingston is 12% more expensive) Colon vs Spanish Town (Spanish Town is 34% less expensive) Colon vs Montego Bay (Montego Bay is 14% less expensive) Colon vs Half Way Tree (Half Way Tree is 1% less expensive) Colon vs May Pen (May Pen is 31% less expensive) Colon vs Mandeville (Mandeville is 17% less expensive) Colon vs Old Harbour (Old Harbour is 28% less expensive) Colon vs Linstead (Linstead is 12% less expensive) Colon vs Savanna-la-Mar (Savanna-la-Mar is 5% less expensive) Colon vs Port Antonio (Port Antonio is 3% less expensive)
El Salvador
Colon vs San Salvador (San Salvador is 1% more expensive) Colon vs Santa Ana (Santa Ana is 40% less expensive) Colon vs Soyapango (Soyapango is 1% less expensive) Colon vs San Miguel (San Miguel is 9% less expensive) Colon vs Mejicanos (Mejicanos is 2% less expensive) Colon vs Apopa (Apopa is 3% less expensive) Colon vs Santa Tecla (Santa Tecla is 2% more expensive) Colon vs Ahuachapan (Ahuachapan is 23% more expensive) Colon vs Usulutan (Usulutan is 8% less expensive) Colon vs Sonsonate (Sonsonate is 25% less expensive)
Antigua And Barbuda
Colon vs St. John's (St. John's is 8% less expensive) Colon vs All Saints (All Saints is 9% less expensive)
Grenada
Colon vs St. George's (St. George's is 10% less expensive) Colon vs Grenville (Grenville is 10% less expensive)
Dominica
Colon vs Roseau (Roseau is 15% less expensive) Colon vs Portsmouth (Portsmouth is 4% less expensive)
Saint Vincent
Colon vs Kingstown (Kingstown is 17% less expensive) Colon vs Georgetown (Georgetown is 15% less expensive)
Belize
Colon vs Belize City (Belize City is 26% less expensive) Colon vs San Ignacio (San Ignacio is 8% less expensive) Colon vs Belmopan (Belmopan is 38% less expensive) Colon vs San Pedro Town (San Pedro Town is 13% more expensive) Colon vs Caye Caulker (Caye Caulker is 33% more expensive)
Guatemala
Colon vs Guatemala City (Guatemala City is 15% less expensive) Colon vs Mixco (Mixco is 46% less expensive) Colon vs Coban (Coban is 23% less expensive) Colon vs Quetzaltenango (Quetzaltenango is 34% less expensive) Colon vs Jalapa (Jalapa is 24% less expensive) Colon vs San Miguel Petapa (San Miguel Petapa is 24% less expensive) Colon vs Momostenango (Momostenango is 26% less expensive) Colon vs Mazatenango (Mazatenango is 26% less expensive) Colon vs Flores (Flores is 27% less expensive) Colon vs Panajachel (Panajachel is 33% less expensive)
Honduras
Colon vs Tegucigalpa (Tegucigalpa is 30% less expensive) Colon vs San Pedro Sula (San Pedro Sula is 12% less expensive) Colon vs Choloma (Choloma is 49% less expensive) Colon vs La Ceiba (La Ceiba is 45% less expensive) Colon vs El Progreso (El Progreso is 25% less expensive) Colon vs Villanueva (Villanueva is 27% less expensive) Colon vs Comayagua (Comayagua is 40% less expensive) Colon vs Puerto Cortes (Puerto Cortes is 39% less expensive) Colon vs Yoro (Yoro is 38% less expensive) Colon vs La Lima (La Lima is 26% less expensive)
Dominican Republic
Colon vs Santiago de los Caballeros (Santiago de los Caballeros is 33% less expensive) Colon vs Santo Domingo (Santo Domingo is 12% less expensive) Colon vs Puerto Plata (Puerto Plata is 35% less expensive) Colon vs Higuey (Higuey is 35% less expensive) Colon vs La Vega (La Vega is 52% less expensive) Colon vs San Cristobal (San Cristobal is 30% less expensive) Colon vs San Pedro de Macoris (San Pedro de Macoris is 38% less expensive) Colon vs San Francisco de Macoris (San Francisco de Macoris is 55% less expensive) Colon vs San Juan de la Maguana (San Juan de la Maguana is 47% less expensive) Colon vs Bonao (Bonao is 54% less expensive)
Nicaragua
Colon vs Managua (Managua is 35% less expensive) Colon vs Leon (Leon is 46% less expensive) Colon vs Masaya (Masaya is 40% less expensive) Colon vs Matagalpa (Matagalpa is 53% less expensive) Colon vs Chinandega (Chinandega is 46% less expensive) Colon vs Esteli (Esteli is 50% less expensive) Colon vs Granada (Granada is 41% less expensive) Colon vs Jinotega (Jinotega is 61% less expensive) Colon vs Juigalpa (Juigalpa is 44% less expensive) Colon vs San Juan del Sur (San Juan del Sur is 25% less expensive)