HomePricePeek

Panama City vs San Jose

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Panama City vs San Jose

San Jose is 17% more affordable for homebuyers. Panama City has a price-to-income ratio of 7.5x compared to 7.2x in San Jose.

MetricPanama CitySan Jose
Avg Home Price$180,000$150,000
Price / sqm$2,500$1,800
Rent (1BR)$800/mo$600/mo
Rent (3BR)$1,400/mo$1,000/mo
Price-to-Income7.5x7.2x
Mortgage Rate6.5%8.5%
1yr Change+2.5%+3.8%
Median Income$24,000/yr$21,000/yr
Population880,000340,000
Panama CityView full details โ†’San JoseView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Panama City or San Jose more expensive?
San Jose is more affordable. Home prices differ by $30,000 (17%).
Which city has cheaper rent, Panama City or San Jose?
Rent for a 1BR in Panama City is $800/mo vs $600/mo in San Jose.

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