Panama City vs Barcelona

Cost of living comparison for 2026. Panama City is roughly 25% more affordable than Barcelona (index 31 vs 41, New York = 100). Data sourced live via AI — updated regularly.

Panama City
More affordable overall
25% cheaper than Barcelona · Cost index: 31 vs 41

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

31✓Cost Index41
1,300Median Income /mo2,385✓
60Safety Index76✓
15✓Income Tax %25
75Internet (Mbps)171✓
200Coworking /mo150✓

Price Breakdown

Panama CityCategoryBarcelona
$1,320/month
1-BR Apartment (Center)
21% cheaper →
$1,680/month
$1/liter
Meal for One
35% cheaper →
$1.53/liter
$12/meal
Restaurant (Mid-range)
$12/meal
$21/month
Monthly Transit Pass
16% cheaper →
$25/month
$124/month
Utilities (Monthly)
41% cheaper →
$209/month
$40/visit
Doctor Visit
33% cheaper →
$60/visit

Digital Nomad Profile

Panama City

Internet75 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability55/100

Barcelona

Internet171 Mbps
Coworking$150/mo
Café WiFigood
Englishmoderate
Communitylarge
Walkability74/100

Frequently Asked Questions

Is Panama City cheaper than Barcelona?

Panama City is cheaper than Barcelona. Panama City has a cost of living index of 31/100 compared to 41/100 for Barcelona (New York = 100), making it roughly 25% more affordable overall.

How much cheaper is Panama City than Barcelona?

Panama City is approximately 25% cheaper than Barcelona based on cost index scores (31 vs 41, where New York = 100). A person spending $3,000/month in Barcelona could live a similar lifestyle for roughly $2,260/month in Panama City.

What is the rent comparison between Panama City and Barcelona?

In Panama City, a 1-bedroom apartment in the city center costs approximately $1,320/month. In Barcelona, the equivalent is around $1,680/month.

Which city is better for digital nomads — Panama City or Barcelona?

Both cities have nomad infrastructure. Panama City offers 75 Mbps internet and coworking at ~$200/month. Barcelona offers 171 Mbps and coworking at ~$150/month. Panama City has a cost advantage of 25%.

What is the average income in Panama City vs Barcelona?

The median net monthly salary in Panama City is approximately $1,300 USD, compared to $2,385 USD in Barcelona.

Compare Panama City with…

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