Cost of living in Tocumen

In Tocumen, Panama, a single person typically needs around $1231 per month including rent. A family of four may spend about $3049 monthly.

How expensive is Tocumen compared to other cities?

Tocumen is 14% cheaper overall versus the European benchmark.

How does Tocumen compare to your city?

Tocumen is 60% cheaper than New York City, without rent.

Rent in Tocumen is, on average, 75% lower than in New York City.

What drives the cost of living in Tocumen?

Who is Tocumen a good fit for?

Tocumen is most realistic when moving with a strong job offer or relocation package. Without high income, the housing-driven price level can be difficult to sustain.

FAQ

Why is Tocumen so expensive?

Rent and utilities contribute significantly to the overall cost of living, impacting affordability for many residents.

Is food expensive in Tocumen?

Food costs are relatively manageable, being 10% lower than the European benchmark.

Is public transport affordable in Tocumen?

Public transport is highly affordable, being 46% lower than the European benchmark.

Cost of living breakdown

Cost of Living, one person, including rent
1231 $
Without Rent
568 $
Rent & Utilities
663 $
Food
427 $
Transport
41 $
Monthly Salary, after tax
873 $
GDP per Capita
18,662 $
Freedom Index
7.57
Lifespan
77 years
Speak English
14%
Population
103.0K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 4.98 $
Dinner 65.3 $
Fast food, McDonalds or KFC 8.01 $
Beer, 0.5 L or 16 fl oz 3.01 $
Capuccino 3.6 $
Coke, 330ml 1.89 $

Compare Tocumen with:

Markets

Milk, 1 L or 1 qt 1.77 $
Bread, 0.5 kg or 1 lb 2.53 $
Rice, 1 kg or 2 lb 2.46 $
Eggs, 12 pack 2.62 $
Cheese, 1 kg or 2 lb 12.9 $
Chicken Breast, 1 kg or 2 lb 7.44 $
Round Steak, 1 kg or 2 lb 10.3 $
Apples, 1 kg or 2 lb 3.36 $
Banana, 1 kg or 2 lb 1.55 $
Oranges, 1 kg or 2 lb 3.06 $
Tomato, 1 kg or 2 lb 3.14 $
Potato, 1 kg or 2.2 lb 2.18 $
Onion, 1 kg or 2.2 lb 2.51 $
Water, 1 L or 1 qt 1.01 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.46 $
Wine, 750 mL bottle 8.99 $
Beer, 0.5 L or 16 fl oz 1.18 $
Cigarette pack 5.83 $

Transportation

One-way Ticket 0.39 $
Monthly Pass 28.5 $
Gas or Petrol, 1l or 0.26 gal 0.98 $
Taxi, 8 km 16.7 $

Personal Care

Doctor Visit, private clinic 46.7 $
Cold medicine, for 1 week 11.2 $
Hair Shampoo, 400 ml or 12 oz. 6.33 $
Toilet paper, 4 rolls 2.95 $
Toothpaste, 1 tube 2.84 $

Utilities per Month

1 person, electricity, heating, water & garbage 73 $
Family of 4, electricity, heating, water & garbage 114 $
Internet plan, +60 Mbps 51.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 490 $
3 Bedroom Apartment, outside of center, 85 sq.m 982 $
1 Bedroom Apartment, in city center, 40 sq.m 735 $
3 Bedroom Apartment, in city center, 85 sq.m 1,537 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,28 $
Price per Square Meter to Buy House, in suburbs 1,462 $

Salaries and Financing

Average Monthly Net Salary, after tax 873 $
Mortgage Interest Rate, for 20 years fixed-rate 6.19%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 41.3 $
Cinema, 1 seat 6.96 $
Haircut 12.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 87.1 $
Brand Jeans, Levis 501 54.2 $

Childcare

Preschool, full day, monthly for 1 child 441 $
International Primary School, yearly for 1 child 9,424 $

Compare Tocumen with other top cities

Cayman Islands
Tocumen vs George Town (George Town is 196% more expensive)
Bahamas
Tocumen vs Nassau (Nassau is 124% more expensive) Tocumen vs Freeport (Freeport is 78% more expensive)
Vanuatu
Tocumen vs Port Vila (Port Vila is 91% more expensive) Tocumen vs Luganville (Luganville is 148% more expensive)
United States
Tocumen vs New York City (New York City is 229% more expensive) Tocumen vs Los Angeles (Los Angeles is 159% more expensive) Tocumen vs Chicago (Chicago is 117% more expensive) Tocumen vs Houston (Houston is 83% more expensive) Tocumen vs Phoenix (Phoenix is 92% more expensive) Tocumen vs Philadelphia (Philadelphia is 106% more expensive) Tocumen vs San Antonio (San Antonio is 78% more expensive) Tocumen vs San Diego (San Diego is 172% more expensive) Tocumen vs Dallas (Dallas is 107% more expensive) Tocumen vs San Jose (San Jose is 198% more expensive)
Canada
Tocumen vs Toronto (Toronto is 109% more expensive) Tocumen vs Montreal (Montreal is 59% more expensive) Tocumen vs Calgary (Calgary is 75% more expensive) Tocumen vs Ottawa (Ottawa is 82% more expensive) Tocumen vs Edmonton (Edmonton is 45% more expensive) Tocumen vs Winnipeg (Winnipeg is 42% more expensive) Tocumen vs Mississauga (Mississauga is 101% more expensive) Tocumen vs Vancouver (Vancouver is 115% more expensive) Tocumen vs Brampton (Brampton is 73% more expensive) Tocumen vs Hamilton (Hamilton is 75% more expensive)
Barbados
Tocumen vs Bridgetown (Bridgetown is 10% more expensive) Tocumen vs Holetown (Holetown is 13% more expensive)
Panama
Tocumen vs Panama City (Panama City is 12% more expensive) Tocumen vs Colon (Colon is 4% less expensive) Tocumen vs Tocumen (Tocumen has similar costs) Tocumen vs Santiago de Veraguas (Santiago de Veraguas is 14% less expensive) Tocumen vs David (David is 32% less expensive) Tocumen vs La Chorrera (La Chorrera is 23% less expensive) Tocumen vs Balboa (Balboa is 1% more expensive) Tocumen vs Pacora (Pacora is 1% more expensive) Tocumen vs Chitre (Chitre is 11% less expensive) Tocumen vs Penonome (Penonome is 11% less expensive)
Saint Kitts And Nevis
Tocumen vs Basseterre (Basseterre is 1% more expensive) Tocumen vs Cayon (Cayon is 1% more expensive)
Cuba
Tocumen vs Havana (Havana is 17% less expensive) Tocumen vs Santiago de Cuba (Santiago de Cuba is 15% more expensive) Tocumen vs Holguin (Holguin is 4% more expensive) Tocumen vs Camaguey (Camaguey is 24% more expensive) Tocumen vs Santa Clara (Santa Clara is 14% less expensive) Tocumen vs Bayamo (Bayamo is 5% less expensive) Tocumen vs Guantanamo (Guantanamo is 27% more expensive) Tocumen vs Las Tunas (Las Tunas is 26% more expensive) Tocumen vs Pinar del Rio (Pinar del Rio is 11% less expensive) Tocumen vs Cienfuegos (Cienfuegos is 29% less expensive)
Costa Rica
Tocumen vs San Jose (San Jose is 1% more expensive) Tocumen vs Limon (Limon is 2% less expensive) Tocumen vs Liberia (Liberia is 27% less expensive) Tocumen vs Alajuela (Alajuela is 0% more expensive) Tocumen vs Puntarenas (Puntarenas is 4% more expensive) Tocumen vs Cartago (Cartago is 22% less expensive) Tocumen vs Heredia (Heredia is 1% more expensive) Tocumen vs Tamarindo (Tamarindo is 37% more expensive) Tocumen vs Santa Teresa (Santa Teresa is 6% more expensive)
Saint Lucia
Tocumen vs Castries (Castries is 6% less expensive) Tocumen vs Vieux Fort (Vieux Fort is 3% less expensive)
Jamaica
Tocumen vs Kingston (Kingston is 8% more expensive) Tocumen vs Spanish Town (Spanish Town is 36% less expensive) Tocumen vs Montego Bay (Montego Bay is 17% less expensive) Tocumen vs Half Way Tree (Half Way Tree is 5% less expensive) Tocumen vs May Pen (May Pen is 33% less expensive) Tocumen vs Mandeville (Mandeville is 21% less expensive) Tocumen vs Old Harbour (Old Harbour is 31% less expensive) Tocumen vs Linstead (Linstead is 15% less expensive) Tocumen vs Savanna-la-Mar (Savanna-la-Mar is 9% less expensive) Tocumen vs Port Antonio (Port Antonio is 7% less expensive)
El Salvador
Tocumen vs San Salvador (San Salvador is 3% less expensive) Tocumen vs Santa Ana (Santa Ana is 42% less expensive) Tocumen vs Soyapango (Soyapango is 5% less expensive) Tocumen vs San Miguel (San Miguel is 12% less expensive) Tocumen vs Mejicanos (Mejicanos is 6% less expensive) Tocumen vs Apopa (Apopa is 7% less expensive) Tocumen vs Santa Tecla (Santa Tecla is 2% less expensive) Tocumen vs Ahuachapan (Ahuachapan is 18% more expensive) Tocumen vs Usulutan (Usulutan is 12% less expensive) Tocumen vs Sonsonate (Sonsonate is 28% less expensive)
Antigua And Barbuda
Tocumen vs St. John's (St. John's is 12% less expensive) Tocumen vs All Saints (All Saints is 12% less expensive)
Grenada
Tocumen vs St. George's (St. George's is 13% less expensive) Tocumen vs Grenville (Grenville is 14% less expensive)
Dominica
Tocumen vs Roseau (Roseau is 19% less expensive) Tocumen vs Portsmouth (Portsmouth is 8% less expensive)
Saint Vincent
Tocumen vs Kingstown (Kingstown is 20% less expensive) Tocumen vs Georgetown (Georgetown is 18% less expensive)
Belize
Tocumen vs Belize City (Belize City is 29% less expensive) Tocumen vs San Ignacio (San Ignacio is 11% less expensive) Tocumen vs Belmopan (Belmopan is 41% less expensive) Tocumen vs San Pedro Town (San Pedro Town is 8% more expensive) Tocumen vs Caye Caulker (Caye Caulker is 28% more expensive)
Guatemala
Tocumen vs Guatemala City (Guatemala City is 18% less expensive) Tocumen vs Mixco (Mixco is 48% less expensive) Tocumen vs Coban (Coban is 26% less expensive) Tocumen vs Quetzaltenango (Quetzaltenango is 37% less expensive) Tocumen vs Jalapa (Jalapa is 27% less expensive) Tocumen vs San Miguel Petapa (San Miguel Petapa is 27% less expensive) Tocumen vs Momostenango (Momostenango is 29% less expensive) Tocumen vs Mazatenango (Mazatenango is 29% less expensive) Tocumen vs Flores (Flores is 30% less expensive) Tocumen vs Panajachel (Panajachel is 36% less expensive)
Honduras
Tocumen vs Tegucigalpa (Tegucigalpa is 33% less expensive) Tocumen vs San Pedro Sula (San Pedro Sula is 16% less expensive) Tocumen vs Choloma (Choloma is 51% less expensive) Tocumen vs La Ceiba (La Ceiba is 47% less expensive) Tocumen vs El Progreso (El Progreso is 28% less expensive) Tocumen vs Villanueva (Villanueva is 30% less expensive) Tocumen vs Comayagua (Comayagua is 42% less expensive) Tocumen vs Puerto Cortes (Puerto Cortes is 42% less expensive) Tocumen vs Yoro (Yoro is 40% less expensive) Tocumen vs La Lima (La Lima is 29% less expensive)
Dominican Republic
Tocumen vs Santiago de los Caballeros (Santiago de los Caballeros is 35% less expensive) Tocumen vs Santo Domingo (Santo Domingo is 15% less expensive) Tocumen vs Puerto Plata (Puerto Plata is 38% less expensive) Tocumen vs Higuey (Higuey is 38% less expensive) Tocumen vs La Vega (La Vega is 53% less expensive) Tocumen vs San Cristobal (San Cristobal is 32% less expensive) Tocumen vs San Pedro de Macoris (San Pedro de Macoris is 41% less expensive) Tocumen vs San Francisco de Macoris (San Francisco de Macoris is 57% less expensive) Tocumen vs San Juan de la Maguana (San Juan de la Maguana is 49% less expensive) Tocumen vs Bonao (Bonao is 56% less expensive)
Nicaragua
Tocumen vs Managua (Managua is 37% less expensive) Tocumen vs Leon (Leon is 48% less expensive) Tocumen vs Masaya (Masaya is 42% less expensive) Tocumen vs Matagalpa (Matagalpa is 55% less expensive) Tocumen vs Chinandega (Chinandega is 48% less expensive) Tocumen vs Esteli (Esteli is 52% less expensive) Tocumen vs Granada (Granada is 43% less expensive) Tocumen vs Jinotega (Jinotega is 63% less expensive) Tocumen vs Juigalpa (Juigalpa is 46% less expensive) Tocumen vs San Juan del Sur (San Juan del Sur is 28% less expensive)