Colorado Springs vs Panama City - Cost of Living Comparison

Updated: June 21, 2026

	Colorado Springs	Panama City
🚶 Cost of living one person	$2548	$1590
👨‍👩‍👧‍👦 Cost of living Family	$5745	$3556
🏠 One person rent	$1632	$946
🏘️ Family rent	$2650	$1545
🍽️ Food expenses	$662	$439
🚐 Transport expenses	$99.1	$100
💳 Monthly salary after tax	$4215	$973
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	10 km	7 km
🎓 Higher education	62	42
😀 Quality of life	88	71
🏙️ Population	479K	1.54M

The cost of living in Colorado Springs is 60% more expensive than in Panama City. Cities ranked 819th and 3634th ($2548 vs $1590) in the list of the most expensive cities in the world and ranked 714th and 1st in the United States and Panama, respectively. Check the United States vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.7 months in Colorado Springs compared to 0.6 months in Panama City. Colorado Springs ranked 88th best city to live in the United States vs Panama City ranked 1st in Panama, while ranked 297th and 3213th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this picture

Use the link below to embed the infographic from our site and automatically keep the data layer up to date.

If you prefer to download the image, please credit us as a source.

<img src="https://livingcost.org/assets/photo/cost/colorado-springs/panama-city.jpg" alt="Cost of living in Colorado Springs vs Panama City infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/colorado-springs/panama-city" target="_blank">Colorado Springs vs Panama City - Cost of Living Comparison</a></p>

Prices in Colorado Springs vs Panama City

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

	Colorado Springs	Panama City
Eating Out
🍱 Lunch Menu	$19.9	$9.69
🥂 Dinner in a Restaurant, for 2	$84.4	$45.4
🥪 Fast food meal, equiv. McDonald's	$12.9	$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.48	$2.93
☕ Cappuccino	$5.3	$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.7	$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1578	$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1366	$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2606	$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2302	$1223
🔌 Utility Bill one person, electricity, heating, water, etc.	$123	$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$186	$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$100	$44.6
🏦 Mortgage Interest Rate for 20 Years	6.1%	6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2581	$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2457	$1732
Transportation
🚌 Local transport ticket	$1.74	$0.35
🎟️ Monthly ticket local transport	$62.9	$22.5
🚕 Taxi Ride, 8 km or 5 mi	$15.1	$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.91	$0.98
Groceries
🥛 Milk, 1 L or 1 qt	$0.96	$1.83
🍞 Bread, 0.5 kg or 1.1 lb	$3.14	$2.17
🍚 Rice, 1 kg or 2.2 lb	$3.98	$2.34
🥚 Eggs, x12	$5.9	$3.11
🧀 Cheese, 1 kg or 2.2 lb	$14.7	$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$13.6	$7.11
🥩 Round Steak, 1 kg or 2.2 lb	$20.3	$10.6
🍏 Apples, 1 kg or 2.2 lb	$5.34	$3.56
🍌 Banana, 1 kg or 2.2 lb	$1.39	$1.54
🍊 Oranges, 1 kg or 2.2 lb	$4.5	$3.7
🍅 Tomato, 1 kg or 2.2 lb	$4.73	$3.36
🥔 Potato, 1 kg or 2.2 lb	$2.63	$2.62
🧅 Onion, 1 kg or 2.2 lb	$2.58	$3.19
🌊 Water, 1 L or 1 qt	$1.3	$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.17	$2.37
🍾 Wine (mid-priced), 750 mL bottle	$18.9	$12.1
🍺 Beer, 0.5 L or 16 fl oz	$2.99	$1.35
🚬 Cigarette pack	$10.6	$5.95
💊 Cold medicince, 1 week	$6.96	$8.08
🧴 Hair Shampoo	$3.97	$7.95
🧻 Toilet paper, 4 rolls	$4.76	$2.92
👄 Toothpaste, 1 tube	$1.56	$3.05
Other
🏋️ Gym Membership, 1 month	$56.9	$41.9
🎫 Cinema Ticket, 1 person	$15	$7.52
👩‍⚕️ Doctor's visit	$111	$42.9
💇 Haircut, simple	$16.2	$14.5
👖 Brand Jeans	$60.1	$58.4
👟 Brand Sneakers	$81.2	$90.7
👶 Daycare or Preschool, 1 month	$1487	$505
🏫 International Primary School, 1 year	$24668	$11486

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Colorado Springs

Distance	City	Cost of living
14 km or 9 mi	Security-Widefield	$2423
21 km or 13 mi	Fountain	$2367
57 km or 35 mi	Castle Rock	$2521
68 km or 42 mi	Pueblo	$1961
73 km or 45 mi	Parker	$2534
77 km or 48 mi	Highlands Ranch	$2605
82 km or 51 mi	Centennial	$2542
86 km or 53 mi	Littleton	$2288
89 km or 55 mi	Englewood	$2391
94 km or 59 mi	Aurora	$2749
97 km or 61 mi	Lakewood	$2548
99 km or 61 mi	Denver	$2848
104 km or 65 mi	Wheat Ridge	$2601
108 km or 67 mi	Arvada	$2627
109 km or 68 mi	Commerce	$2382
110 km or 68 mi	Westminster	$2649
116 km or 72 mi	Northglenn	$2642
116 km or 72 mi	Thornton	$2729
121 km or 75 mi	Broomfield	$2986
124 km or 77 mi	Brighton	$2594
129 km or 80 mi	Lafayette	$2800
136 km or 84 mi	Boulder	$3013
148 km or 92 mi	Longmont	$2571
173 km or 107 mi	Greeley	$2028
173 km or 108 mi	Loveland	$2506
191 km or 119 mi	Fort Collins	$2346
254 km or 158 mi	Cheyenne	$1770
281 km or 174 mi	Laramie	$1900
283 km or 176 mi	Taos	$2417
327 km or 203 mi	Grand Junction	$2293
337 km or 210 mi	Espanola	$2237
347 km or 216 mi	Scottsbluff	$1914
356 km or 221 mi	Garden	$1741
370 km or 230 mi	Santa Fe	$2212
380 km or 236 mi	Farmington	$2470
395 km or 245 mi	Liberal	$1730
426 km or 264 mi	North Platte	$1875
434 km or 270 mi	Dodge	$1646
436 km or 271 mi	Rio Rancho	$2089
447 km or 278 mi	Albuquerque	$2029

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1396
16 km or 9.9 mi	Tocumen	$1373
26 km or 16 mi	Pacora	$1361
34 km or 21 mi	La Chorrera	$982
59 km or 37 mi	Colon	$1185
108 km or 67 mi	Penonome	$1147
154 km or 96 mi	Chitre	$1144
190 km or 118 mi	Santiago de Veraguas	$1112
321 km or 199 mi	Turbo	$797
329 km or 204 mi	David	$909
398 km or 247 mi	Monteria	$733
403 km or 250 mi	Limon	$1228
406 km or 252 mi	Santa Cruz de Lorica	$789
452 km or 281 mi	Sincelejo	$586
463 km or 288 mi	Cartagena	$1186
483 km or 300 mi	Quibdo	$802
494 km or 307 mi	Cartago	$1361
513 km or 319 mi	San Jose	$1574
518 km or 322 mi	Heredia	$1471
521 km or 324 mi	Magangue	$727
526 km or 327 mi	Bello	$1012
529 km or 329 mi	Alajuela	$1362
530 km or 329 mi	Medellin	$1162
534 km or 332 mi	Envigado	$1041
558 km or 347 mi	Soledad	$967
559 km or 348 mi	Barranquilla	$931
595 km or 370 mi	Puntarenas	$872
617 km or 383 mi	Cartago	$769
617 km or 383 mi	Cienaga	$882
623 km or 387 mi	Manizales	$737
627 km or 390 mi	Santa Teresa	$1325
627 km or 390 mi	Pereira	$862
631 km or 392 mi	Santa Marta	$973
632 km or 393 mi	Buenaventura	$856
636 km or 395 mi	Minca	$891
651 km or 404 mi	Salento	$749
652 km or 405 mi	Armenia	$749
657 km or 408 mi	Tulua	$563
658 km or 409 mi	Barrancabermeja	$1001
675 km or 419 mi	Liberia	$1024