Cost Analysis

Cost of Living in Colon (2026)

Detailed breakdown of living costs in Colon, Panama. Average monthly expenses for rent, groceries, transportation, and healthcare.

Single Person

$918

per month

Family (4 people)

$1,706

per month

Average Rent

$386

1 bedroom

Cost of Living Overview

Colon offers a very affordable lifestyle compared to other major cities. A single person can expect to spend around $918 per month for a comfortable standard of living, while a family of four should budget approximately $1,706.

Housing is very affordable, with one-bedroom apartments averaging $386 per month. Internet speeds of 65 Mbps make it suitable for remote work.

Housing

1 Bedroom Apartment (City Center)$386
3 Bedroom Apartment (Family)$712
Real Estate Price per m²$1,551

Daily Expenses

Groceries (Monthly)$351
Internet (Monthly)$48

Transportation

Public Transport (Monthly)$48
Car Ownership (Monthly)$457

Healthcare

Health Insurance (Monthly)$85

Total Estimated Monthly Cost

Single Person

$918

Family of 4

$1,706

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Cost Summary

Rent (1BR)$386
Groceries$351
Transport$48
Healthcare$85
Internet$48
Total$918

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