Bogota vs Panama City: cost of living for digital nomads
Bogota, Colombia and Panama City, Panama, line by line from the catalogue: what a month costs, rent, food, coworking, safety and internet. Every figure links back to its source on the city page.
The short version
- Bogota is about 28% cheaper than Panama City for a month of nomad living ($1,300 vs $1,800).
- Rent is the biggest gap: $580 in Bogota against $850 in Panama City.
- Panama City scores higher on safety (7/10 vs 6/10).
- Bogota is temperate; Panama City is tropical.
Bogota wins 5 of the measured lines; Panama City wins 1.
Frequently asked questions
Which city is cheaper, Bogota or Panama City?
Bogota is cheaper: about $1,300/month against $1,800/month in Panama City, roughly 28% less for a typical remote worker's budget.
Which city is safer, Bogota or Panama City?
Panama City scores higher on safety: 7/10 against 6/10 for Bogota.
Which has faster internet, Bogota or Panama City?
Bogota and Panama City have about the same typical internet speed, 100 Mbps.
| Line | Bogota | Panama City |
|---|---|---|
| Monthly total (USD) | $1,300 | $1,800 |
| Rent | $580 | $850 |
| Food | $360 | $460 |
| Transport | $45 | $50 |
| Coworking | $110 | $140 |
| Safety (out of 10) | 6/10 | 7/10 |
| Internet (Mbps) | 100 | 100 |
| Climate | temperate | tropical |
| City size | metro | metro |
| Setting | mountain | coast |
| Nomad score (out of 10) | 8/10 | 8/10 |
Compare Bogota with
Compare Panama City with
Costs are typical monthly figures for one person in USD, from the sources named on each city page; safety and internet are the catalogue's own ratings. Cost figures verified (Eastern Time): Bogota November 7, 2026, Panama City November 1, 2026.