Panama City vs Quebec City - Cost of Living Comparison

Updated: October 14, 2025

	Panama City	Quebec City
🚶 Cost of living one person	$1560	$1632
👨‍👩‍👧‍👦 Cost of living Family	$3547	$3776
🏠 One person rent	$943	$826
🏘️ Family rent	$1558	$1323
🍽️ Food expenses	$429	$538
🚐 Transport expenses	$78.4	$136
💳 Monthly salary after tax	$982	$2731
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	7 km	13 km
🎓 Higher education	43	38
😀 Quality of life	71	88
🏙️ Population	410K	549K

The cost of living in Panama City is 4% less expensive than in Quebec City. Cities ranked 3737th and 3402nd ($1560 vs $1632) in the list of the most expensive cities in the world and ranked 1st and 116th in Panama and Canada, respectively. Check Panama vs Canada comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 1.7 months in Quebec City. Panama City ranked 1st best city to live in Panama vs Quebec City ranked 25th in Canada, while ranked 3765th and 300th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Panama City vs Quebec City infographic

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Prices in Panama City vs Quebec City

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

	Panama City	Quebec City
Eating Out
🍱 Lunch Menu	$10.6	$15.8
🥂 Dinner in a Restaurant, for 2	$45.7	$64.4
🥪 Fast food meal, equiv. McDonald's	$8.08	$10.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.93	$4.99
☕ Cappuccino	$4.03	$3.82
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.69	$1.85
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1015	$788
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$759	$714
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1675	$1419
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1306	$1141
🔌 Utility Bill one person, electricity, heating, water, etc.	$86.4	$52.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$133	$82.2
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.5	$44.4
🏦 Mortgage Interest Rate for 20 Years	6.41%	5.88%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2662	$9628
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1618	$3472
Transportation
🚌 Local transport ticket	$0.35	$2.66
🎟️ Monthly ticket local transport	$23.2	$67.5
🚕 Taxi Ride, 8 km or 5 mi	$20.5	$22.6
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.97	$1.16
Groceries
🥛 Milk, 1 L or 1 qt	$1.79	$2.17
🍞 Bread, 0.5 kg or 1.1 lb	$2.25	$3.02
🍚 Rice, 1 kg or 2.2 lb	$2.11	$4.05
🥚 Eggs, x12	$3.17	$3.04
🧀 Cheese, 1 kg or 2.2 lb	$11.7	$11.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.81	$10.4
🥩 Round Steak, 1 kg or 2.2 lb	$9.86	$12.8
🍏 Apples, 1 kg or 2.2 lb	$3.27	$3.97
🍌 Banana, 1 kg or 2.2 lb	$1.52	$1.64
🍊 Oranges, 1 kg or 2.2 lb	$3.27	$4.17
🍅 Tomato, 1 kg or 2.2 lb	$3.05	$3.96
🥔 Potato, 1 kg or 2.2 lb	$2.34	$1.83
🧅 Onion, 1 kg or 2.2 lb	$3.26	$2.44
🌊 Water, 1 L or 1 qt	$1.05	$1.01
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.44	$1.86
🍾 Wine (mid-priced), 750 mL bottle	$11.2	$10.7
🍺 Beer, 0.5 L or 16 fl oz	$1.38	$3.14
🚬 Cigarette pack	$5.92	$11.6
💊 Cold medicince, 1 week	$8.17	$6.71
🧴 Hair Shampoo	$8.06	$3.04
🧻 Toilet paper, 4 rolls	$2.98	$2.24
👄 Toothpaste, 1 tube	$3.05	$1.89
Other
🏋️ Gym Membership, 1 month	$42.6	$41.1
🎫 Cinema Ticket, 1 person	$7.32	$10
👩‍⚕️ Doctor's visit	$58.4	$79
💇 Haircut, simple	$14.3	$16.1
👖 Brand Jeans	$54	$55.8
👟 Brand Sneakers	$91.3	$102
👶 Daycare or Preschool, 1 month	$477	$816
🏫 International Primary School, 1 year	$15637	$6103

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

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

Cities near Quebec City

Distance	City	Cost of living
3.6 km or 2.2 mi	Levis	$1622
80 km or 50 mi	Thetford Mines	$1019
89 km or 55 mi	Saint-Georges	$1470
102 km or 64 mi	Victoriaville	$1265
114 km or 71 mi	Trois-Rivieres	$1136
120 km or 74 mi	Shawinigan	$1388
142 km or 88 mi	Drummondville	$1363
166 km or 103 mi	Sherbrooke	$1420
169 km or 105 mi	Sorel-Tracy	$1549
170 km or 106 mi	Riviere-du-Loup	$1455
178 km or 111 mi	Saguenay	$1077
180 km or 112 mi	Chicoutimi	$1223
187 km or 116 mi	Magog	$1486
188 km or 117 mi	Saint-Hyacinthe	$1586
192 km or 120 mi	Joliette	$1449
195 km or 121 mi	Alma	$1304
196 km or 122 mi	Granby	$1120
201 km or 125 mi	L'Assomption	$1671
206 km or 128 mi	Beloeil	$1776
210 km or 131 mi	Repentigny	$1767
211 km or 131 mi	Varennes	$1786
212 km or 132 mi	Sainte-Julie	$1822
217 km or 135 mi	Saint-Bruno-de-Montarville	$1869
218 km or 135 mi	Mascouche	$1766
218 km or 136 mi	Boucherville	$1820
220 km or 136 mi	Chambly	$1853
223 km or 138 mi	Saint-Lin-Laurentides	$1719
223 km or 139 mi	Terrebonne	$1805
227 km or 141 mi	Longueuil	$1842
228 km or 142 mi	Brossard	$2055
229 km or 142 mi	Saint-Lambert	$1828
229 km or 143 mi	Saint-Jean-sur-Richelieu	$1805
231 km or 144 mi	Montreal	$1903
234 km or 146 mi	La Prairie	$1911
236 km or 146 mi	Westmount	$1814
236 km or 146 mi	Mount Royal	$1820
238 km or 148 mi	Laval	$1930
238 km or 148 mi	Candiac	$1892
241 km or 150 mi	Cote-Saint-Luc	$1835
241 km or 150 mi	Boisbriand	$1763