Cost of living in Santiago de Veraguas

In Santiago de Veraguas, Panama, living costs about $1056 per month for one person and $2618 for a family of four, including rent.

How expensive is Santiago de Veraguas compared to other cities?

Compared to the European benchmark, Santiago de Veraguas is 26% cheaper overall.

How does Santiago de Veraguas compare to your city?

Santiago de Veraguas is 60% cheaper than New York City, without rent.

Rent in Santiago de Veraguas is, on average, 82% lower than in New York City.

What drives the cost of living in Santiago de Veraguas?

Who is Santiago de Veraguas a good fit for?

Santiago de Veraguas tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.

FAQ

Why is Santiago de Veraguas so expensive?

Housing costs, particularly rent and utilities, are significant factors that can elevate living expenses. This can make it challenging for those on a tighter budget.

Is food expensive in Santiago de Veraguas?

Food costs are relatively affordable, being 7% lower than the European benchmark. This makes dining options more accessible for residents.

Is public transport affordable in Santiago de Veraguas?

Public transport is quite affordable, with costs being 42% lower than the European benchmark. This contributes to the overall low cost of living in the city.

Cost of living breakdown

Cost of Living, one person, including rent
1056 $
Without Rent
577 $
Rent & Utilities
479 $
Food
445 $
Transport
44 $
Monthly Salary, after tax
736 $
GDP per Capita
18,662 $
Freedom Index
7.57
Lifespan
77 years
Speak English
14%
Population
89.0K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 11.2 $
Dinner 57 $
Fast food, McDonalds or KFC 7.74 $
Beer, 0.5 L or 16 fl oz 2.73 $
Capuccino 3.55 $
Coke, 330ml 1.87 $

Compare Santiago de Veraguas with:

Markets

Milk, 1 L or 1 qt 1.75 $
Bread, 0.5 kg or 1 lb 2.4 $
Rice, 1 kg or 2 lb 2.5 $
Eggs, 12 pack 2.62 $
Cheese, 1 kg or 2 lb 12 $
Chicken Breast, 1 kg or 2 lb 7.62 $
Round Steak, 1 kg or 2 lb 9.31 $
Apples, 1 kg or 2 lb 3.61 $
Banana, 1 kg or 2 lb 1.54 $
Oranges, 1 kg or 2 lb 3.07 $
Tomato, 1 kg or 2 lb 2.9 $
Potato, 1 kg or 2.2 lb 2.2 $
Onion, 1 kg or 2.2 lb 2.51 $
Water, 1 L or 1 qt 1.03 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.3 $
Wine, 750 mL bottle 8.72 $
Beer, 0.5 L or 16 fl oz 1.1 $
Cigarette pack 6.04 $

Transportation

One-way Ticket 0.57 $
Monthly Pass 36.6 $
Gas or Petrol, 1l or 0.26 gal 1.02 $
Taxi, 8 km 16.4 $

Personal Care

Doctor Visit, private clinic 39.6 $
Cold medicine, for 1 week 12 $
Hair Shampoo, 400 ml or 12 oz. 4.76 $
Toilet paper, 4 rolls 2.6 $
Toothpaste, 1 tube 2.22 $

Utilities per Month

1 person, electricity, heating, water & garbage 76 $
Family of 4, electricity, heating, water & garbage 117 $
Internet plan, +60 Mbps 48.3 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 319 $
3 Bedroom Apartment, outside of center, 85 sq.m 567 $
1 Bedroom Apartment, in city center, 40 sq.m 496 $
3 Bedroom Apartment, in city center, 85 sq.m 1,001 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,296 $
Price per Square Meter to Buy House, in suburbs 1,477 $

Salaries and Financing

Average Monthly Net Salary, after tax 736 $
Mortgage Interest Rate, for 20 years fixed-rate 6.27%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 33.2 $
Cinema, 1 seat 6.45 $
Haircut 8.56 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 83.4 $
Brand Jeans, Levis 501 52.2 $

Childcare

Preschool, full day, monthly for 1 child 439 $
International Primary School, yearly for 1 child 8,977 $

Compare Santiago de Veraguas with other top cities

Cayman Islands
Santiago de Veraguas vs George Town (George Town is 245% more expensive)
Bahamas
Santiago de Veraguas vs Nassau (Nassau is 161% more expensive) Santiago de Veraguas vs Freeport (Freeport is 108% more expensive)
Vanuatu
Santiago de Veraguas vs Port Vila (Port Vila is 122% more expensive) Santiago de Veraguas vs Luganville (Luganville is 189% more expensive)
United States
Santiago de Veraguas vs New York City (New York City is 284% more expensive) Santiago de Veraguas vs Los Angeles (Los Angeles is 202% more expensive) Santiago de Veraguas vs Chicago (Chicago is 153% more expensive) Santiago de Veraguas vs Houston (Houston is 113% more expensive) Santiago de Veraguas vs Phoenix (Phoenix is 124% more expensive) Santiago de Veraguas vs Philadelphia (Philadelphia is 141% more expensive) Santiago de Veraguas vs San Antonio (San Antonio is 108% more expensive) Santiago de Veraguas vs San Diego (San Diego is 217% more expensive) Santiago de Veraguas vs Dallas (Dallas is 141% more expensive) Santiago de Veraguas vs San Jose (San Jose is 248% more expensive)
Canada
Santiago de Veraguas vs Toronto (Toronto is 144% more expensive) Santiago de Veraguas vs Montreal (Montreal is 85% more expensive) Santiago de Veraguas vs Calgary (Calgary is 104% more expensive) Santiago de Veraguas vs Ottawa (Ottawa is 112% more expensive) Santiago de Veraguas vs Edmonton (Edmonton is 69% more expensive) Santiago de Veraguas vs Winnipeg (Winnipeg is 66% more expensive) Santiago de Veraguas vs Mississauga (Mississauga is 134% more expensive) Santiago de Veraguas vs Vancouver (Vancouver is 151% more expensive) Santiago de Veraguas vs Brampton (Brampton is 101% more expensive) Santiago de Veraguas vs Hamilton (Hamilton is 104% more expensive)
Barbados
Santiago de Veraguas vs Bridgetown (Bridgetown is 29% more expensive) Santiago de Veraguas vs Holetown (Holetown is 32% more expensive)
Panama
Santiago de Veraguas vs Panama City (Panama City is 31% more expensive) Santiago de Veraguas vs Colon (Colon is 12% more expensive) Santiago de Veraguas vs Tocumen (Tocumen is 17% more expensive) Santiago de Veraguas vs Santiago de Veraguas (Santiago de Veraguas has similar costs) Santiago de Veraguas vs David (David is 21% less expensive) Santiago de Veraguas vs La Chorrera (La Chorrera is 10% less expensive) Santiago de Veraguas vs Balboa (Balboa is 18% more expensive) Santiago de Veraguas vs Pacora (Pacora is 18% more expensive) Santiago de Veraguas vs Chitre (Chitre is 3% more expensive) Santiago de Veraguas vs Penonome (Penonome is 4% more expensive)
Saint Kitts And Nevis
Santiago de Veraguas vs Basseterre (Basseterre is 18% more expensive) Santiago de Veraguas vs Cayon (Cayon is 18% more expensive)
Cuba
Santiago de Veraguas vs Havana (Havana is 3% less expensive) Santiago de Veraguas vs Santiago de Cuba (Santiago de Cuba is 34% more expensive) Santiago de Veraguas vs Holguin (Holguin is 21% more expensive) Santiago de Veraguas vs Camaguey (Camaguey is 44% more expensive) Santiago de Veraguas vs Santa Clara (Santa Clara is 0% less expensive) Santiago de Veraguas vs Bayamo (Bayamo is 10% more expensive) Santiago de Veraguas vs Guantanamo (Guantanamo is 48% more expensive) Santiago de Veraguas vs Las Tunas (Las Tunas is 47% more expensive) Santiago de Veraguas vs Pinar del Rio (Pinar del Rio is 4% more expensive) Santiago de Veraguas vs Cienfuegos (Cienfuegos is 17% less expensive)
Costa Rica
Santiago de Veraguas vs San Jose (San Jose is 17% more expensive) Santiago de Veraguas vs Limon (Limon is 14% more expensive) Santiago de Veraguas vs Liberia (Liberia is 15% less expensive) Santiago de Veraguas vs Alajuela (Alajuela is 17% more expensive) Santiago de Veraguas vs Puntarenas (Puntarenas is 21% more expensive) Santiago de Veraguas vs Cartago (Cartago is 9% less expensive) Santiago de Veraguas vs Heredia (Heredia is 18% more expensive) Santiago de Veraguas vs Tamarindo (Tamarindo is 60% more expensive) Santiago de Veraguas vs Santa Teresa (Santa Teresa is 24% more expensive)
Saint Lucia
Santiago de Veraguas vs Castries (Castries is 10% more expensive) Santiago de Veraguas vs Vieux Fort (Vieux Fort is 13% more expensive)
Jamaica
Santiago de Veraguas vs Kingston (Kingston is 25% more expensive) Santiago de Veraguas vs Spanish Town (Spanish Town is 26% less expensive) Santiago de Veraguas vs Montego Bay (Montego Bay is 4% less expensive) Santiago de Veraguas vs Half Way Tree (Half Way Tree is 10% more expensive) Santiago de Veraguas vs May Pen (May Pen is 22% less expensive) Santiago de Veraguas vs Mandeville (Mandeville is 7% less expensive) Santiago de Veraguas vs Old Harbour (Old Harbour is 20% less expensive) Santiago de Veraguas vs Linstead (Linstead is 1% less expensive) Santiago de Veraguas vs Savanna-la-Mar (Savanna-la-Mar is 6% more expensive) Santiago de Veraguas vs Port Antonio (Port Antonio is 8% more expensive)
El Salvador
Santiago de Veraguas vs San Salvador (San Salvador is 13% more expensive) Santiago de Veraguas vs Santa Ana (Santa Ana is 33% less expensive) Santiago de Veraguas vs Soyapango (Soyapango is 11% more expensive) Santiago de Veraguas vs San Miguel (San Miguel is 2% more expensive) Santiago de Veraguas vs Mejicanos (Mejicanos is 10% more expensive) Santiago de Veraguas vs Apopa (Apopa is 8% more expensive) Santiago de Veraguas vs Santa Tecla (Santa Tecla is 14% more expensive) Santiago de Veraguas vs Ahuachapan (Ahuachapan is 38% more expensive) Santiago de Veraguas vs Usulutan (Usulutan is 3% more expensive) Santiago de Veraguas vs Sonsonate (Sonsonate is 16% less expensive)
Antigua And Barbuda
Santiago de Veraguas vs St. John's (St. John's is 3% more expensive) Santiago de Veraguas vs All Saints (All Saints is 2% more expensive)
Grenada
Santiago de Veraguas vs St. George's (St. George's is 1% more expensive) Santiago de Veraguas vs Grenville (Grenville is 0% more expensive)
Dominica
Santiago de Veraguas vs Roseau (Roseau is 5% less expensive) Santiago de Veraguas vs Portsmouth (Portsmouth is 8% more expensive)
Saint Vincent
Santiago de Veraguas vs Kingstown (Kingstown is 7% less expensive) Santiago de Veraguas vs Georgetown (Georgetown is 5% less expensive)
Belize
Santiago de Veraguas vs Belize City (Belize City is 17% less expensive) Santiago de Veraguas vs San Ignacio (San Ignacio is 3% more expensive) Santiago de Veraguas vs Belmopan (Belmopan is 31% less expensive) Santiago de Veraguas vs San Pedro Town (San Pedro Town is 26% more expensive) Santiago de Veraguas vs Caye Caulker (Caye Caulker is 49% more expensive)
Guatemala
Santiago de Veraguas vs Guatemala City (Guatemala City is 5% less expensive) Santiago de Veraguas vs Mixco (Mixco is 39% less expensive) Santiago de Veraguas vs Coban (Coban is 14% less expensive) Santiago de Veraguas vs Quetzaltenango (Quetzaltenango is 26% less expensive) Santiago de Veraguas vs Jalapa (Jalapa is 14% less expensive) Santiago de Veraguas vs San Miguel Petapa (San Miguel Petapa is 15% less expensive) Santiago de Veraguas vs Momostenango (Momostenango is 17% less expensive) Santiago de Veraguas vs Mazatenango (Mazatenango is 18% less expensive) Santiago de Veraguas vs Flores (Flores is 19% less expensive) Santiago de Veraguas vs Panajachel (Panajachel is 25% less expensive)
Honduras
Santiago de Veraguas vs Tegucigalpa (Tegucigalpa is 21% less expensive) Santiago de Veraguas vs San Pedro Sula (San Pedro Sula is 2% less expensive) Santiago de Veraguas vs Choloma (Choloma is 43% less expensive) Santiago de Veraguas vs La Ceiba (La Ceiba is 38% less expensive) Santiago de Veraguas vs El Progreso (El Progreso is 16% less expensive) Santiago de Veraguas vs Villanueva (Villanueva is 18% less expensive) Santiago de Veraguas vs Comayagua (Comayagua is 32% less expensive) Santiago de Veraguas vs Puerto Cortes (Puerto Cortes is 32% less expensive) Santiago de Veraguas vs Yoro (Yoro is 30% less expensive) Santiago de Veraguas vs La Lima (La Lima is 18% less expensive)
Dominican Republic
Santiago de Veraguas vs Santiago de los Caballeros (Santiago de los Caballeros is 25% less expensive) Santiago de Veraguas vs Santo Domingo (Santo Domingo is 1% less expensive) Santiago de Veraguas vs Puerto Plata (Puerto Plata is 27% less expensive) Santiago de Veraguas vs Higuey (Higuey is 27% less expensive) Santiago de Veraguas vs La Vega (La Vega is 46% less expensive) Santiago de Veraguas vs San Cristobal (San Cristobal is 21% less expensive) Santiago de Veraguas vs San Pedro de Macoris (San Pedro de Macoris is 31% less expensive) Santiago de Veraguas vs San Francisco de Macoris (San Francisco de Macoris is 50% less expensive) Santiago de Veraguas vs San Juan de la Maguana (San Juan de la Maguana is 41% less expensive) Santiago de Veraguas vs Bonao (Bonao is 49% less expensive)
Nicaragua
Santiago de Veraguas vs Managua (Managua is 27% less expensive) Santiago de Veraguas vs Leon (Leon is 39% less expensive) Santiago de Veraguas vs Masaya (Masaya is 33% less expensive) Santiago de Veraguas vs Matagalpa (Matagalpa is 48% less expensive) Santiago de Veraguas vs Chinandega (Chinandega is 40% less expensive) Santiago de Veraguas vs Esteli (Esteli is 44% less expensive) Santiago de Veraguas vs Granada (Granada is 34% less expensive) Santiago de Veraguas vs Jinotega (Jinotega is 57% less expensive) Santiago de Veraguas vs Juigalpa (Juigalpa is 37% less expensive) Santiago de Veraguas vs San Juan del Sur (San Juan del Sur is 16% less expensive)