Calgary vs Panama City - Cost of Living Comparison

Updated: March 11, 2026

	Calgary	Panama City
🚶 Cost of living one person	$2118	$1583
👨‍👩‍👧‍👦 Cost of living Family	$4745	$3567
🏠 One person rent	$1202	$976
🏘️ Family rent	$1911	$1633
🍽️ Food expenses	$591	$432
🚐 Transport expenses	$173	$69.1
💳 Monthly salary after tax	$3199	$936
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	9 km	7 km
🎓 Higher education	53	42
😀 Quality of life	90	69
🏙️ Population	1.31M	410K

The cost of living in Calgary is 34% more expensive than in Panama City. Cities ranked 1716th and 3744th ($2118 vs $1583) in the list of the most expensive cities in the world and ranked 29th and 1st in Canada and Panama, respectively. Check Canada vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.5 months in Calgary compared to 0.6 months in Panama City. Calgary ranked 21st best city to live in Canada vs Panama City ranked 1st in Panama, while ranked 209th and 4400th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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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	$17	$10.6
🥂 Dinner in a Restaurant, for 2	$65	$45.3
🥪 Fast food meal, equiv. McDonald's	$11.3	$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$6.29	$2.97
☕ Cappuccino	$4.2	$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.03	$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1224	$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$957	$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2059	$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1544	$1347
🔌 Utility Bill one person, electricity, heating, water, etc.	$132	$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$204	$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$59.8	$45.4
🏦 Mortgage Interest Rate for 20 Years	4.55%	6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3738	$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3570	$1725
Transportation
🚌 Local transport ticket	$2.94	$0.35
🎟️ Monthly ticket local transport	$87.1	$22.2
🚕 Taxi Ride, 8 km or 5 mi	$15.5	$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.98	$0.93
Groceries
🥛 Milk, 1 L or 1 qt	$1.98	$1.84
🍞 Bread, 0.5 kg or 1.1 lb	$2.42	$2.23
🍚 Rice, 1 kg or 2.2 lb	$3.2	$2.33
🥚 Eggs, x12	$3.79	$3.26
🧀 Cheese, 1 kg or 2.2 lb	$12.8	$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$12.7	$6.57
🥩 Round Steak, 1 kg or 2.2 lb	$16.1	$9.64
🍏 Apples, 1 kg or 2.2 lb	$4.28	$3.53
🍌 Banana, 1 kg or 2.2 lb	$1.39	$1.62
🍊 Oranges, 1 kg or 2.2 lb	$4.02	$3.29
🍅 Tomato, 1 kg or 2.2 lb	$4.42	$3.03
🥔 Potato, 1 kg or 2.2 lb	$2.42	$2.46
🧅 Onion, 1 kg or 2.2 lb	$2.82	$3.74
🌊 Water, 1 L or 1 qt	$1.17	$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.28	$2.41
🍾 Wine (mid-priced), 750 mL bottle	$15.5	$11.6
🍺 Beer, 0.5 L or 16 fl oz	$2.95	$1.44
🚬 Cigarette pack	$13.7	$6.04
💊 Cold medicince, 1 week	$9.3	$8.16
🧴 Hair Shampoo	$5.63	$8.03
🧻 Toilet paper, 4 rolls	$2.56	$2.96
👄 Toothpaste, 1 tube	$2.51	$3.04
Other
🏋️ Gym Membership, 1 month	$55.4	$42.8
🎫 Cinema Ticket, 1 person	$13.8	$7.3
👩‍⚕️ Doctor's visit	$93.1	$50.2
💇 Haircut, simple	$23.2	$14.5
👖 Brand Jeans	$59.1	$53.6
👟 Brand Sneakers	$88.8	$91.3
👶 Daycare or Preschool, 1 month	$830	$503
🏫 International Primary School, 1 year	$15430	$13402

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	$1801
137 km or 85 mi	Red Deer	$1841
174 km or 108 mi	Lethbridge	$1761
248 km or 154 mi	Leduc	$1775
265 km or 165 mi	Medicine Hat	$1620
278 km or 173 mi	Spruce Grove	$1676
279 km or 173 mi	Edmonton	$1878
357 km or 222 mi	Sandpoint	$2593
402 km or 250 mi	Kelowna	$1993
422 km or 262 mi	Coeur d'Alene	$2331
426 km or 265 mi	Post Falls	$2315
429 km or 266 mi	Penticton	$1773
440 km or 273 mi	Spokane Valley	$2205
442 km or 275 mi	Kamloops	$1815
443 km or 275 mi	Great Falls	$1956
452 km or 281 mi	Spokane	$2187
466 km or 289 mi	Missoula	$2156
517 km or 322 mi	Helena	$2544
524 km or 325 mi	Saskatoon	$1821
526 km or 327 mi	Moscow	$1697
531 km or 330 mi	Pullman	$1899
556 km or 345 mi	Grande Prairie	$1892
560 km or 348 mi	Lewiston	$1701
572 km or 355 mi	Butte	$1634
579 km or 360 mi	Moses Lake	$2009
600 km or 373 mi	Chilliwack	$1884
603 km or 375 mi	Moose Jaw	$1506
607 km or 377 mi	Wenatchee	$2241
616 km or 382 mi	Prince Albert	$1486
630 km or 391 mi	Abbotsford	$2034
636 km or 395 mi	Whistler	$2470
637 km or 396 mi	Walla Walla	$2046
638 km or 396 mi	Bozeman	$2677
641 km or 398 mi	Maple Ridge	$2326
650 km or 404 mi	Langley	$2054
650 km or 404 mi	Pasco	$2074
651 km or 405 mi	Coquitlam	$2590
654 km or 406 mi	Bellingham	$2526
654 km or 406 mi	Richland	$2460
655 km or 407 mi	Fort McMurray	$1934

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1425
16 km or 9.9 mi	Tocumen	$1403
26 km or 16 mi	Pacora	$1395
34 km or 21 mi	La Chorrera	$977
59 km or 37 mi	Colon	$1179
108 km or 67 mi	Penonome	$1153
154 km or 96 mi	Chitre	$1154
190 km or 118 mi	Santiago de Veraguas	$1122
321 km or 199 mi	Turbo	$764
329 km or 204 mi	David	$922
398 km or 247 mi	Monteria	$703
403 km or 250 mi	Limon	$1332
406 km or 252 mi	Santa Cruz de Lorica	$764
452 km or 281 mi	Sincelejo	$572
463 km or 288 mi	Cartagena	$1155
483 km or 300 mi	Quibdo	$757
494 km or 307 mi	Cartago	$1290
513 km or 319 mi	San Jose	$1454
518 km or 322 mi	Heredia	$1378
521 km or 324 mi	Magangue	$707
526 km or 327 mi	Bello	$915
529 km or 329 mi	Alajuela	$1323
530 km or 329 mi	Medellin	$1071
534 km or 332 mi	Envigado	$992
558 km or 347 mi	Soledad	$950
559 km or 348 mi	Barranquilla	$909
595 km or 370 mi	Puntarenas	$825
617 km or 383 mi	Cartago	$738
617 km or 383 mi	Cienaga	$874
623 km or 387 mi	Manizales	$717
627 km or 390 mi	Santa Teresa	$1273
627 km or 390 mi	Pereira	$789
631 km or 392 mi	Santa Marta	$971
632 km or 393 mi	Buenaventura	$825
636 km or 395 mi	Minca	$887
651 km or 404 mi	Salento	$709
652 km or 405 mi	Armenia	$719
657 km or 408 mi	Tulua	$537
658 km or 409 mi	Barrancabermeja	$1040
675 km or 419 mi	Liberia	$957