Panama · Visit or make it home

Panama City

Panama City is a city in Panama. Compare its dated local facts and monthly climate before choosing a time to visit or planning a move. Housing references and national earnings describe different populations; verify the costs of your own home and job before deciding.

Panama City — Panama Papers (148830809)

Get to know Panama City

A sense of the place

Panama City, also known as Panama, is the capital and largest city of the Republic of Panama. It has a total population of 410,354 in the city proper and 1,086,990 in the Panamá District, which includes the outer corregimientos of the city. The metropolitan area has over 2,100,000 people. The city is at the Pacific entrance of the Panama Canal, in the province of Panama. The city is the political and administrative center of the country, as well as a hub for banking and commerce. The city of Panama was founded on 15 August 1519, by Spanish conquistador Pedro Arias Dávila. The city was the starting point for expeditions that conquered the Inca Empire of Peru. It was a stopover point on one of the most important trade routes in the American continent, leading to the fairs of Nombre de Dios and Portobelo, through which passed most of the gold and silver that Spain mined from the Americas.

Weather through the year

When to visit Panama City

Temperature

April has the warmest monthly average (28.1°C); January is coolest (26.6°C). These averages include nights, so daytime highs can be considerably warmer.

Rain and outdoor plans

October averages about 260 mm of rain, compared with 9 mm in February. For an outdoor-focused trip, compare the drier months before choosing dates.

Planning time outdoors

Monthly mean temperatures reach at least 25°C in January, February, March, April, May, June, July, August, September, October, November, December. For sightseeing, plan shade, water breaks and accommodation cooling into your day; daytime temperatures can be higher than these day-and-night averages.

Monthly climate averages — 2001-2020
MonthJanFebMarAprMayJunJulAugSepOctNovDec
Average °C26.626.927.528.127.827.427.227.227.126.826.726.8
Rain, mm20918107245253204220245260248108

Source: NASA POWER climatology · Reference period: 2001-2020. Long-term averages for the surrounding grid area. Conditions vary within a city; monthly averages are neither a forecast nor a guarantee of dry days.

Places around Panama City

Build your shortlist for a day out. Distances are straight-line from the city centre; check routes and opening times before setting off.

Average rent in Panama City

What is the average rent in Panama City?

A verified average rent for Panama City is not available in the evidence shown here. Do not substitute another city’s price or a national estimate. Compare current properties for the same home size and neighbourhood, then include utilities, deposits and daily transport when building a budget for a visit or move.

Average salary in Panama City

What is the average salary in Panama City?

928.6 USD/month is the gross employee-pay reference dated 2025. It describes Panama, not average salary in Panama City. Gross pay is before deductions; household earnings depend on the household model. Use a current offer and your own tax circumstances for take-home budgeting.

Source: ILO — Average gross monthly earnings of employees · Reference date: 2025 · CC BY 4.0 (ILO datasets published from 3 May 2023)

How should I compare Panama City with another city?

Compare the same dated measures for both cities, keeping local observations separate from national context. Start with rent, your expected income and the journeys you will make regularly. Then adjust the comparison weights to your priorities. Missing measurements do not prove an advantage; verify decisive costs and services with current local sources.

  1. Choose a comparison below and read its sources and dates.
  2. Set priorities for housing, work, transport and climate.
  3. Check current listings and your own income before making a decision.

Data sources, licences & reuse terms

Plan your stay

Budget and everyday decisions

A holiday budget

Compare accommodation for your actual dates in Panama City, then add the journey here, airport transfers, meals and the activities you want. A cheap room outside the centre can cost more overall if it adds daily transport.

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A relocation budget

Use the planner below to compare housing, daily spending and the cost of your move.

Include the deposit, utilities, internet and commuting. Compare those costs with your own expected take-home income.

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Your relocation planning budget

Build a monthly budget for Panama City in euros. Totals are calculated from the amounts below, not live quotes. Enter a housing amount for your chosen home.

Monthly total: Enter all five monthly amounts

First month including move: Enter your moving costs too

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Compare the details

Panama City at a glance

Panama: the wider context

These are country-level figures, not measurements of Panama City. Use them to compare national conditions; neighbourhoods, salaries and individual services can differ substantially.

See 10 national indicators
What to check before deciding

Comparable figures are not available here for: Annual sunshine hours; Seismic hazard (ordinal 0 very-low to 4 high); Distance to nearest sea / coastline; Distance to nearest mountains (>1500 m); Monthly rent, 1-bedroom, city centre; Public-transport provision (ordinal proxy). Check the items that affect your plans with local providers. They are not treated as zero or as an advantage in recommendations.

Compare Panama City with other cities

Read the source dates, choose your priorities and keep unavailable values separate from costs you know.

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