Koh Phangan vs Panama City: cost of living for digital nomads

Koh Phangan, Thailand 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

  • Koh Phangan is about 31% cheaper than Panama City for a month of nomad living ($1,250 vs $1,800).
  • Rent is the biggest gap: $500 in Koh Phangan against $850 in Panama City.
  • Koh Phangan scores higher on safety (8/10 vs 7/10).
  • Internet is faster in Panama City: 100 Mbps typical against 60 Mbps.
  • Both have a tropical climate.

Koh Phangan wins 5 of the measured lines; Panama City wins 2.

LineKoh PhanganPanama City
Monthly total (USD)$1,250$1,800
Rent$500$850
Food$350$460
Transport$60$50
Coworking$100$140
Safety (out of 10)8/107/10
Internet (Mbps)60100
Climatetropicaltropical
City sizesmallmetro
Settingislandcoast
Nomad score (out of 10)8/108/10

Koh Phangan

Thai island with a fast-growing nomad scene around Sri Thanu — beaches, wellness, low cost.

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.