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.

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

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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 $

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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 $