Photo: JACQUELINE BRANDWAYN / Unsplash Panama City is one of the pricier markets here. A 3-bedroom home runs about +44.9% versus the global median of $276k.
Median purchase price
1-bedroom $235,000 +67.9%
vs global median $140k
2-bedroom $245,000 +24.4%
vs global median $197k
3-bedroom $400,000 +44.9%
vs global median $276k
Cost of living & rent
Cost of living 49.1 NYC = 100, excl. rent Numbeo Updated Jul 2026 medium confidence
Rent · 1-bed (centre) $1,320/mo Numbeo Updated Jun 2026 medium confidence
Rent · 3-bed (centre) $2,151/mo Numbeo Updated Jun 2026 medium confidence
Price-to-rent ratio 15.5× years of rent to equal purchase Model estimate Updated Jun 2026 medium confidence
Earnings & affordability
Local purchasing power 43.2 NYC = 100 Numbeo Updated Jul 2026 medium confidence
Income tax (effective)
Income tax · low earner 11.5% effective, on ~$30k gross Public web research Updated Jun 2026 medium confidence
Income tax · mid earner 19.1% effective, on ~$75k gross Public web research Updated Jun 2026 medium confidence
Income tax · high earner 21.8% effective, on ~$150k gross Public web research Updated Jun 2026 medium confidence
Quality of life
Air quality (PM2.5) 4.8 µg/m³ annual mean · WHO guideline 5 Public web research Updated Jun 2026 medium confidence
Source & date. Median home-purchase prices in USD, starter dataset v2026.1 (2026-05). Other metrics carry their own source & date on each card above. Directional figures for comparing markets — not a valuation of any specific property. Methodology →
Within Panama City
Districts & neighbourhoods
Area-level prices inside Panama City. The figures above are for Panama City as a whole.
Getting there
Nearest airports
Scheduled-service airports near Panama City, nearest first. Flight data from AirportRoutes.
More in Panama