Panama City, Panama
+10% vs Panama City avgObarrio is a moderately-priced area within Panama City, with a cost of living index of 46.5 — that is +10% compared to the Panama City average. It sits around the middle of the pack at #5 out of 19 neighborhoods. Estimated rent for a one-bedroom apartment here is around $1,100/month, compared to a range of $680 in San Miguelito to $1,300 in Punta Pacífica.
For a typical resident of Obarrio, housing takes up roughly 46% of monthly expenses. Food and groceries account for about 16%, while transportation costs around 9%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $44,000 before tax.
Salaries in Obarrio reflect the local cost of living. Based on the neighborhood COLI of 46.5:
After tax and deductions of 20.0% in Panama, take-home pay for someone earning $44,000 would be roughly $35,200/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.
Estimated annual deductions on a $34,875 salary in Obarrio, Panama City (local employee).
Rates shown are for a local employee. Use the salary converter for expat calculations.
What a $75,000 USD salary in Obarrio would need to be elsewhere:
| City | Currency | Equivalent |
|---|---|---|
| New York | USD | $34,875 |
| London | GBP | £30,013 |
| Dubai | AED | AED 174,507 |
| Neighborhood | COLI | Multiplier | vs Avg |
|---|---|---|---|
| Punta Pacífica | 55.0 | 1.30x | +30% |
| Costa del Este | 52.9 | 1.25x | +25% |
| Marbella | 48.6 | 1.15x | +15% |
| Casco Viejo | 47.4 | 1.12x | +12% |
| Coco del Mar | 46.5 | 1.10x | +10% |
See exactly what you need to earn in Obarrio, Panama City to maintain your lifestyle.
Open Salary ConverterNeighborhoods with a similar cost of living to Obarrio:
Yes, Obarrio is one of the more expensive neighborhoods in Panama City. It costs about +10% more than the city average, ranking #5 out of 19 neighborhoods.
The cost of living in Obarrio is above the Panama City average. With a multiplier of 1.10x, everyday expenses including rent, food, and transportation are +10% compared to the city baseline.