Budapest vs Panama City: cost of living for digital nomads

Budapest, Hungary 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

  • Budapest is about 11% cheaper than Panama City for a month of nomad living ($1,600 vs $1,800).
  • Rent is the biggest gap: $750 in Budapest against $850 in Panama City.
  • Budapest scores higher on safety (9/10 vs 7/10).
  • Internet is faster in Budapest: 250 Mbps typical against 100 Mbps.
  • Budapest is temperate; Panama City is tropical.

Budapest wins 7 of the measured lines; Panama City wins 0.

LineBudapestPanama City
Monthly total (USD)$1,600$1,800
Rent$750$850
Food$420$460
Transport$40$50
Coworking$120$140
Safety (out of 10)9/107/10
Internet (Mbps)250100
Climatetemperatetropical
City sizemetrometro
Settinginlandcoast
Nomad score (out of 10)8/108/10

Panama City

Panama City, Panama.

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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. Check the city pages for the dates each was last verified.