Cost of living in Colón, Panama

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Food [Edit]
Basic lunchtime menu (including a drink) in the business district 20 B/.
Combo meal in fast food restaurant (Big Mac Meal or similar) 8 B/.
500 gr (1 lb.) of boneless chicken breast -
1 liter (1 qt.) of whole fat milk 1.75 B/.
12 eggs, large 4.00 B/.
1 kg (2 lb.) of tomatoes -
500 gr (16 oz.) of local cheese 5.50 B/.
1 kg (2 lb.) of apples -
1 kg (2 lb.) of potatoes -
0.5 l (16 oz) domestic beer in the supermarket 0.57 B/.
1 bottle of red table wine, good quality -
2 liters of Coca-Cola 2.00 B/.
Bread for 2 people for 1 day 0.95 B/.
Housing [Edit]
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area 1,500 B/.
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area 450 B/.
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat 400 B/.
Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area 800 B/.
Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area 250 B/.
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio -
Internet 8 Mbps (1 month) -
40” flat screen TV -
Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) -
Laundry detergent (3 l. ~ 100 oz.) -
Hourly rate for cleaning help -
Clothes [Edit]
1 pair of jeans (Levis 501 or similar) 60 B/.
1 summer dress in a High Street Store (Zara, H&M or similar retailers) 60 B/.
1 pair of sport shoes (Nike, Adidas, or equivalent brands) 80 B/.
1 pair of men’s leather business shoes 100 B/.
Transportation [Edit]
Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new 15,000 B/.
1 liter (1/4 gallon) of gas 0.81 B/.
Monthly ticket public transport -
Taxi trip on a business day, basic tariff, 8 km. (5 miles) -
Personal Care [Edit]
Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) -
1 box of antibiotics (12 doses) -
Short visit to private Doctor (15 minutes) -
1 box of 32 tampons (Tampax, OB, ...) -
Deodorant, roll-on (50ml ~ 1.5 oz.) -
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) -
4 rolls of toilet paper -
Tube of toothpaste 1.50 B/.
Standard men's haircut in expat area of the city 4.00 B/.
Entertainment [Edit]
Basic dinner out for two in neighborhood pub -
2 tickets to the movies -
2 tickets to the theater (best available seats) -
Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert -
1 cocktail drink in downtown club -
Cappuccino in expat area of the city -
1 beer in neighbourhood pub (500ml or 1pt.) -
iPad Wi-Fi 128GB -
1 min. of prepaid mobile tariff (no discounts or plans) -
1 month of gym membership in business district -
1 package of Marlboro cigarettes -
WARNING!  These prices are based on only a few data points. At this point they are mostly a guess. They are based on 25 prices entered by less than 5 different people.
Latest price update: April 26, 2018.

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