Panama City vs Barcelona

Cost of living comparison for 2026. Panama City is roughly 22% more affordable than Barcelona (index 30 vs 38, New York = 100). Data sourced live via AI — updated regularly.

Panama City
More affordable overall
22% cheaper than Barcelona · Cost index: 30 vs 38

Life Power at $3,000/mo

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

Head-to-Head Stats

30Cost Index38
650Median Income /mo2,300
62Safety Index78
15Income Tax %37
95Internet (Mbps)165
380Coworking /mo250

Price Breakdown

Panama CityCategoryBarcelona
$1,260/month
1-BR Apartment (Center)
10% cheaper →
$1,400/month
$1.1/liter
Meal for One
21% cheaper →
$1.39/liter
$12/meal
Restaurant (Mid-range)
8% cheaper →
$13/meal
$21/month
Monthly Transit Pass
64% cheaper →
$58/month
$135/month
Utilities (Monthly)
11% ← cheaper
$120/month
$60/visit
Doctor Visit
$60/visit

Digital Nomad Profile

Panama City

Internet95 Mbps
Coworking$380/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability72/100

Barcelona

Internet165 Mbps
Coworking$250/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability78/100

Frequently Asked Questions

Is Panama City cheaper than Barcelona?

Panama City is cheaper than Barcelona. Panama City has a cost of living index of 30/100 compared to 38/100 for Barcelona (New York = 100), making it roughly 22% more affordable overall.

How much cheaper is Panama City than Barcelona?

Panama City is approximately 22% cheaper than Barcelona based on cost index scores (30 vs 38, where New York = 100). A person spending $3,000/month in Barcelona could live a similar lifestyle for roughly $2,338/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 $1,260/month. In Barcelona, the equivalent is around $1,400/month.

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

Both cities have nomad infrastructure. Panama City offers 95 Mbps internet and coworking at ~$380/month. Barcelona offers 165 Mbps and coworking at ~$250/month. Panama City has a cost advantage of 22%.

What is the average income in Panama City vs Barcelona?

The median net monthly salary in Panama City is approximately $650 USD, compared to $2,300 USD in Barcelona.

Compare Panama City with…

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