Cost of Living Comparison · 2026

๐Ÿ‡ฒ๐Ÿ‡ฝ San Miguel de Allende vs ๐Ÿ‡ต๐Ÿ‡ฆ Panama City

Panama City is 2.8% cheaper

Add your salary for a personalized comparison

See exact tax differences, net income, and savings potential.

MXN gross / year

Or see the worked example at MXN 600,000 a year

Category ๐Ÿ‡ฒ๐Ÿ‡ฝ San Miguel de Allende ๐Ÿ‡ต๐Ÿ‡ฆ Panama City Difference
Cost of Living 38.9 37.8 -2.8%
Rent 25.1 27.2 +8.4%
Groceries 60.0 59.0 -1.7%
Restaurants 52.9 46.5 -12.1%
Purchasing Power 31.1 44.9 +44.4%
Data from March โ€“ October 2026 · Cost of living: Numbeo, blended with Expatistan and LivingCost where available. Rent, groceries, restaurants and purchasing power: Numbeo (NYC = 100) · Indices reflect relative costs; absolute prices vary by neighbourhood.
Explore
๐Ÿ‡ฒ๐Ÿ‡ฝ Cost of Living in San Miguel de Allende
Explore
๐Ÿ‡ต๐Ÿ‡ฆ Cost of Living in Panama City
Explore
๐Ÿ‡ฒ๐Ÿ‡ฝ Should I Move to San Miguel de Allende?
Explore
๐Ÿ‡ต๐Ÿ‡ฆ Should I Move to Panama City?

Tax Calculators

See detailed income tax brackets and net salary calculations for San Miguel de Allende and Panama City.