Edmonton vs Panama City - Cost of Living Comparison

Updated: October 14, 2025

	Edmonton	Panama City
🚶 Cost of living one person	$1823	$1560
👨‍👩‍👧‍👦 Cost of living Family	$4109	$3547
🏠 One person rent	$1004	$943
🏘️ Family rent	$1648	$1558
🍽️ Food expenses	$548	$429
🚐 Transport expenses	$151	$78.4
💳 Monthly salary after tax	$2739	$982
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	25 km	7 km
🎓 Higher education	63	43
😀 Quality of life	91	71
🏙️ Population	1.01M	410K

The cost of living in Edmonton is 17% more expensive than in Panama City. Cities ranked 2644th and 3737th ($1823 vs $1560) in the list of the most expensive cities in the world and ranked 74th 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 Edmonton compared to 0.6 months in Panama City. Edmonton ranked 16th best city to live in Canada vs Panama City ranked 1st in Panama, while ranked 171st and 3765th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Edmonton vs Panama City infographic

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Prices in Edmonton vs Panama City

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

	Edmonton	Panama City
Eating Out
🍱 Lunch Menu	$15.3	$10.6
🥂 Dinner in a Restaurant, for 2	$56.7	$45.7
🥪 Fast food meal, equiv. McDonald's	$10.6	$8.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.56	$2.93
☕ Cappuccino	$3.83	$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.09	$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1030	$1015
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$784	$759
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1651	$1675
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1356	$1306
🔌 Utility Bill one person, electricity, heating, water, etc.	$114	$86.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$176	$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$56.6	$45.5
🏦 Mortgage Interest Rate for 20 Years	5.56%	6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2399	$2662
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2239	$1618
Transportation
🚌 Local transport ticket	$2.66	$0.35
🎟️ Monthly ticket local transport	$71.6	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$17.2	$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.97	$0.97
Groceries
🥛 Milk, 1 L or 1 qt	$2.03	$1.79
🍞 Bread, 0.5 kg or 1.1 lb	$2.23	$2.25
🍚 Rice, 1 kg or 2.2 lb	$2.7	$2.11
🥚 Eggs, x12	$3.75	$3.17
🧀 Cheese, 1 kg or 2.2 lb	$11.8	$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$11.6	$6.81
🥩 Round Steak, 1 kg or 2.2 lb	$17.1	$9.86
🍏 Apples, 1 kg or 2.2 lb	$4.28	$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	$3.61	$3.05
🥔 Potato, 1 kg or 2.2 lb	$2.37	$2.34
🧅 Onion, 1 kg or 2.2 lb	$2.06	$3.26
🌊 Water, 1 L or 1 qt	$1.17	$1.05
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.99	$2.44
🍾 Wine (mid-priced), 750 mL bottle	$14.4	$11.2
🍺 Beer, 0.5 L or 16 fl oz	$2.83	$1.38
🚬 Cigarette pack	$14.6	$5.92
💊 Cold medicince, 1 week	$9.25	$8.17
🧴 Hair Shampoo	$4.48	$8.06
🧻 Toilet paper, 4 rolls	$4.35	$2.98
👄 Toothpaste, 1 tube	$2.25	$3.05
Other
🏋️ Gym Membership, 1 month	$45.4	$42.6
🎫 Cinema Ticket, 1 person	$12.9	$7.32
👩‍⚕️ Doctor's visit	$58.5	$58.4
💇 Haircut, simple	$16.8	$14.3
👖 Brand Jeans	$48.3	$54
👟 Brand Sneakers	$86.3	$91.3
👶 Daycare or Preschool, 1 month	$669	$477
🏫 International Primary School, 1 year	$8796	$15637

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Edmonton

Distance	City	Cost of living
27 km or 16 mi	Spruce Grove	$1648
31 km or 19 mi	Leduc	$1730
142 km or 88 mi	Red Deer	$1782
279 km or 173 mi	Calgary	$2079
297 km or 185 mi	Banff	$1773
380 km or 236 mi	Fort McMurray	$1887
388 km or 241 mi	Grande Prairie	$1854
429 km or 267 mi	Lethbridge	$1632
435 km or 270 mi	Medicine Hat	$1544
483 km or 300 mi	Saskatoon	$1817
515 km or 320 mi	Prince Albert	$1478
565 km or 351 mi	Kamloops	$1748
576 km or 358 mi	Kelowna	$1949
610 km or 379 mi	Prince George	$1618
616 km or 383 mi	Penticton	$1759
622 km or 387 mi	Sandpoint	$2617
646 km or 402 mi	Moose Jaw	$1486
688 km or 428 mi	Great Falls	$1973
689 km or 428 mi	Coeur d'Alene	$2366
691 km or 430 mi	Post Falls	$2343
698 km or 434 mi	Regina	$1675
703 km or 437 mi	Spokane Valley	$2231
711 km or 442 mi	Spokane	$2228
743 km or 461 mi	Missoula	$2111
752 km or 467 mi	Whistler	$2414
762 km or 473 mi	Chilliwack	$1842
779 km or 484 mi	Helena	$2490
789 km or 491 mi	Abbotsford	$1987
792 km or 492 mi	Maple Ridge	$2361
796 km or 495 mi	Moscow	$1765
798 km or 496 mi	Coquitlam	$2488
800 km or 497 mi	Pullman	$1913
804 km or 499 mi	Langley	$1952
809 km or 502 mi	Surrey	$2297
809 km or 503 mi	Burnaby	$2412
811 km or 504 mi	North Vancouver	$2379
818 km or 508 mi	Vancouver	$2457
820 km or 510 mi	Bellingham	$2443
821 km or 510 mi	Delta	$2325
822 km or 511 mi	Moses Lake	$2001

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