Calgary vs Panama City - Cost of Living Comparison

Updated: October 14, 2025

	Calgary	Panama City
🚶 Cost of living one person	$2079	$1560
👨‍👩‍👧‍👦 Cost of living Family	$4683	$3547
🏠 One person rent	$1191	$943
🏘️ Family rent	$1928	$1558
🍽️ Food expenses	$572	$429
🚐 Transport expenses	$169	$78.4
💳 Monthly salary after tax	$2977	$982
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	9 km	7 km
🎓 Higher education	53	43
😀 Quality of life	91	71
🏙️ Population	1.31M	410K

The cost of living in Calgary is 33% more expensive than in Panama City. Cities ranked 1781st and 3737th ($2079 vs $1560) in the list of the most expensive cities in the world and ranked 27th and 1st in Canada and Panama, respectively. Check Canada vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Calgary compared to 0.6 months in Panama City. Calgary ranked 15th best city to live in Canada vs Panama City ranked 1st in Panama, while ranked 160th and 3765th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Calgary vs Panama City infographic

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Prices in Calgary vs Panama City

Prices for goods and services in Calgary and Panama City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Calgary	Panama City
Eating Out
🍱 Lunch Menu	$16.7	$10.6
🥂 Dinner in a Restaurant, for 2	$61.3	$45.7
🥪 Fast food meal, equiv. McDonald's	$10.9	$8.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$6.16	$2.93
☕ Cappuccino	$4.07	$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.01	$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1190	$1015
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$957	$759
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2105	$1675
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1560	$1306
🔌 Utility Bill one person, electricity, heating, water, etc.	$132	$86.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$203	$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$55.3	$45.5
🏦 Mortgage Interest Rate for 20 Years	5.19%	6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3658	$2662
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3126	$1618
Transportation
🚌 Local transport ticket	$2.69	$0.35
🎟️ Monthly ticket local transport	$84.8	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$15.3	$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.01	$0.97
Groceries
🥛 Milk, 1 L or 1 qt	$1.92	$1.79
🍞 Bread, 0.5 kg or 1.1 lb	$2.34	$2.25
🍚 Rice, 1 kg or 2.2 lb	$2.76	$2.11
🥚 Eggs, x12	$3.57	$3.17
🧀 Cheese, 1 kg or 2.2 lb	$13.4	$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$12.7	$6.81
🥩 Round Steak, 1 kg or 2.2 lb	$15.4	$9.86
🍏 Apples, 1 kg or 2.2 lb	$4.13	$3.27
🍌 Banana, 1 kg or 2.2 lb	$1.34	$1.52
🍊 Oranges, 1 kg or 2.2 lb	$3.68	$3.27
🍅 Tomato, 1 kg or 2.2 lb	$4.35	$3.05
🥔 Potato, 1 kg or 2.2 lb	$2.31	$2.34
🧅 Onion, 1 kg or 2.2 lb	$2.49	$3.26
🌊 Water, 1 L or 1 qt	$1.18	$1.05
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.13	$2.44
🍾 Wine (mid-priced), 750 mL bottle	$15.3	$11.2
🍺 Beer, 0.5 L or 16 fl oz	$2.86	$1.38
🚬 Cigarette pack	$13.1	$5.92
💊 Cold medicince, 1 week	$9.25	$8.17
🧴 Hair Shampoo	$5.47	$8.06
🧻 Toilet paper, 4 rolls	$2.53	$2.98
👄 Toothpaste, 1 tube	$2.51	$3.05
Other
🏋️ Gym Membership, 1 month	$53.7	$42.6
🎫 Cinema Ticket, 1 person	$12.6	$7.32
👩‍⚕️ Doctor's visit	$91.5	$58.4
💇 Haircut, simple	$21.7	$14.3
👖 Brand Jeans	$58	$54
👟 Brand Sneakers	$87.5	$91.3
👶 Daycare or Preschool, 1 month	$796	$477
🏫 International Primary School, 1 year	$15727	$15637

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Calgary

Distance	City	Cost of living
106 km or 66 mi	Banff	$1773
137 km or 85 mi	Red Deer	$1782
174 km or 108 mi	Lethbridge	$1632
248 km or 154 mi	Leduc	$1730
265 km or 165 mi	Medicine Hat	$1544
278 km or 173 mi	Spruce Grove	$1648
279 km or 173 mi	Edmonton	$1823
357 km or 222 mi	Sandpoint	$2617
402 km or 250 mi	Kelowna	$1949
422 km or 262 mi	Coeur d'Alene	$2366
426 km or 265 mi	Post Falls	$2343
429 km or 266 mi	Penticton	$1759
440 km or 273 mi	Spokane Valley	$2231
442 km or 275 mi	Kamloops	$1748
443 km or 275 mi	Great Falls	$1973
452 km or 281 mi	Spokane	$2228
466 km or 289 mi	Missoula	$2111
517 km or 322 mi	Helena	$2490
524 km or 325 mi	Saskatoon	$1817
526 km or 327 mi	Moscow	$1765
531 km or 330 mi	Pullman	$1913
556 km or 345 mi	Grande Prairie	$1854
560 km or 348 mi	Lewiston	$1774
572 km or 355 mi	Butte	$1625
579 km or 360 mi	Moses Lake	$2001
600 km or 373 mi	Chilliwack	$1842
603 km or 375 mi	Moose Jaw	$1486
607 km or 377 mi	Wenatchee	$2219
616 km or 382 mi	Prince Albert	$1478
630 km or 391 mi	Abbotsford	$1987
636 km or 395 mi	Whistler	$2414
637 km or 396 mi	Walla Walla	$2080
638 km or 396 mi	Bozeman	$2641
641 km or 398 mi	Maple Ridge	$2361
650 km or 404 mi	Langley	$1952
650 km or 404 mi	Pasco	$2057
651 km or 405 mi	Coquitlam	$2488
654 km or 406 mi	Bellingham	$2443
654 km or 406 mi	Richland	$2470
655 km or 407 mi	Fort McMurray	$1887

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1400
16 km or 9.9 mi	Tocumen	$1377
26 km or 16 mi	Pacora	$1371
34 km or 21 mi	La Chorrera	$981
59 km or 37 mi	Colon	$1188
108 km or 67 mi	Penonome	$1150
154 km or 96 mi	Chitre	$1150
190 km or 118 mi	Santiago de Veraguas	$1122
321 km or 199 mi	Turbo	$721
329 km or 204 mi	David	$925
398 km or 247 mi	Monteria	$663
403 km or 250 mi	Limon	$1288
406 km or 252 mi	Santa Cruz de Lorica	$715
452 km or 281 mi	Sincelejo	$547
463 km or 288 mi	Cartagena	$1105
483 km or 300 mi	Quibdo	$708
494 km or 307 mi	Cartago	$1241
513 km or 319 mi	San Jose	$1398
518 km or 322 mi	Heredia	$1335
521 km or 324 mi	Magangue	$667
526 km or 327 mi	Bello	$881
529 km or 329 mi	Alajuela	$1303
530 km or 329 mi	Medellin	$1030
534 km or 332 mi	Envigado	$950
558 km or 347 mi	Soledad	$883
559 km or 348 mi	Barranquilla	$843
595 km or 370 mi	Puntarenas	$821
617 km or 383 mi	Cartago	$679
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$678
627 km or 390 mi	Santa Teresa	$1236
627 km or 390 mi	Pereira	$730
631 km or 392 mi	Santa Marta	$929
632 km or 393 mi	Buenaventura	$782
636 km or 395 mi	Minca	$847
651 km or 404 mi	Salento	$655
652 km or 405 mi	Armenia	$667
657 km or 408 mi	Tulua	$511
658 km or 409 mi	Barrancabermeja	$1082
675 km or 419 mi	Liberia	$953