Medellin vs Panama City: cost of living for digital nomads

Medellin, 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

  • Medellin is about 17% cheaper than Panama City for a month of nomad living ($1,500 vs $1,800).
  • Rent is the biggest gap: $720 in Medellin against $850 in Panama City.
  • Panama City scores higher on safety (7/10 vs 6/10).
  • Both have a tropical climate.

Medellin wins 6 of the measured lines; Panama City wins 1.

Frequently asked questions

Which city is cheaper, Medellin or Panama City?

Medellin is cheaper: about $1,500/month against $1,800/month in Panama City, roughly 17% less for a typical remote worker's budget.

Which city is safer, Medellin or Panama City?

Panama City scores higher on safety: 7/10 against 6/10 for Medellin.

Which has faster internet, Medellin or Panama City?

Medellin and Panama City have about the same typical internet speed, 100 Mbps.

LineMedellinPanama City
Monthly total (USD)$1,500$1,800
Rent$720$850
Food$380$460
Transport$45$50
Coworking$120$140
Safety (out of 10)6/107/10
Internet (Mbps)100100
Climatetropicaltropical
City sizemetrometro
Settingmountaincoast
Nomad score (out of 10)10/108/10

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. Cost figures verified (Eastern Time): Medellin November 8, 2026, Panama City November 1, 2026.