Panama City vs Surrey - Cost of Living Comparison

Updated: March 02, 2025

	Panama City	Surrey
🚶 Cost of living one person	$1479	$2280
👨‍👩‍👧‍👦 Cost of living Family	$3609	$5399
🏠 One person rent	$846	$1407
🏘️ Family rent	$1592	$2721
🍽️ Food expenses	$440	$575
🚐 Transport expenses	$83	$155
💳 Monthly salary after tax	$967	$2766
😷 Air quality	Good	Excellent
✈️ Airport proximity	7 km	11 km
🎓 Higher education	42	80
😀 Quality of life	67	91
🏙️ Population	881K	568K

The cost of living in Panama City is 35% less expensive than in Surrey. Cities ranked 3517th and 1194th ($1479 vs $2280) in the list of the most expensive cities in the world and ranked 1st and 11th in Panama and Canada, respectively. Check Panama vs Canada comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 1.2 months in Surrey. Panama City ranked 1st best city to live in Panama vs Surrey ranked 6th in Canada, while ranked 3734th and 122nd 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 Surrey infographic

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Prices in Panama City vs Surrey

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

	Panama City	Surrey
Eating Out
🍱 Lunch Menu	$10.4	$17.7
🥂 Dinner in a Restaurant, for 2	$48.5	$69.8
🥪 Fast food meal, equiv. McDonald's	$8.06	$10.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$5.58
☕ Cappuccino	$3.99	$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.66	$2
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$891	$1405
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$681	$1196
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1749	$2952
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1344	$2383
🔌 Utility Bill one person, electricity, heating, water, etc.	$78	$103
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$121	$158
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$66.4
🏦 Mortgage Interest Rate for 20 Years	6.28%	6.75%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2551	$9496
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1632	$8417
Transportation
🚌 Local transport ticket	$0.42	$2.95
🎟️ Monthly ticket local transport	$23.2	$122
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$14.8
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.96	$1.28
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$2.41
🍞 Bread, 0.5 kg or 1.1 lb	$2.19	$2.48
🍚 Rice, 1 kg or 2.2 lb	$2.33	$5.23
🥚 Eggs, x12	$2.77	$3.5
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$12.3
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.09	$10.8
🥩 Round Steak, 1 kg or 2.2 lb	$9.99	$20.9
🍏 Apples, 1 kg or 2.2 lb	$3.44	$3.28
🍌 Banana, 1 kg or 2.2 lb	$1.58	$1.27
🍊 Oranges, 1 kg or 2.2 lb	$2.89	$2.94
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$3.18
🥔 Potato, 1 kg or 2.2 lb	$2.23	$1.9
🧅 Onion, 1 kg or 2.2 lb	$2.8	$1.83
🌊 Water, 1 L or 1 qt	$1.07	$1.14
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.31	$2.51
🍾 Wine (mid-priced), 750 mL bottle	$10	$14.1
🍺 Beer, 0.5 L or 16 fl oz	$1.29	$3.94
🚬 Cigarette pack	$5.98	$14
💊 Cold medicince, 1 week	$11.7	$8.1
🧴 Hair Shampoo	$7.94	$4.76
🧻 Toilet paper, 4 rolls	$3.37	$2.95
👄 Toothpaste, 1 tube	$3.71	$2.89
Other
🏋️ Gym Membership, 1 month	$45.3	$58
🎫 Cinema Ticket, 1 person	$7.22	$13
👩‍⚕️ Doctor's visit	$54.5	$84
💇 Haircut, simple	$12.9	$18.5
👖 Brand Jeans	$56.8	$53
👟 Brand Sneakers	$93.2	$99.2
👶 Daycare or Preschool, 1 month	$477	$862
🏫 International Primary School, 1 year	$13616	$12026

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cost of Living in the nearest cities

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1328
16 km or 9.9 mi	Tocumen	$1310
26 km or 16 mi	Pacora	$1304
34 km or 21 mi	La Chorrera	$957
59 km or 37 mi	Colon	$1172
108 km or 67 mi	Penonome	$1116
154 km or 96 mi	Chitre	$1117
190 km or 118 mi	Santiago de Veraguas	$1089
321 km or 199 mi	Turbo	$664
329 km or 204 mi	David	$890
398 km or 247 mi	Monteria	$645
403 km or 250 mi	Limon	$1225
406 km or 252 mi	Santa Cruz de Lorica	$669
452 km or 281 mi	Sincelejo	$524
463 km or 288 mi	Cartagena	$760
483 km or 300 mi	Quibdo	$705
494 km or 307 mi	Cartago	$1024
513 km or 319 mi	San Jose	$1324
518 km or 322 mi	Heredia	$1296
521 km or 324 mi	Magangue	$604
526 km or 327 mi	Bello	$839
529 km or 329 mi	Alajuela	$1269
530 km or 329 mi	Medellin	$906
534 km or 332 mi	Envigado	$897
558 km or 347 mi	Soledad	$741
559 km or 348 mi	Barranquilla	$773
595 km or 370 mi	Puntarenas	$801
617 km or 383 mi	Cartago	$649
617 km or 383 mi	Cienaga	$742
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1213
627 km or 390 mi	Pereira	$680
631 km or 392 mi	Santa Marta	$837
632 km or 393 mi	Buenaventura	$742
636 km or 395 mi	Minca	$759
651 km or 404 mi	Salento	$605
652 km or 405 mi	Armenia	$598
657 km or 408 mi	Tulua	$513
658 km or 409 mi	Barrancabermeja	$1031
675 km or 419 mi	Liberia	$932

Cities near Surrey

Distance	City	Cost of living
10 km or 6.4 mi	Burnaby	$2495
12 km or 7.4 mi	Coquitlam	$2490
12 km or 7.7 mi	Delta	$2317
17 km or 10 mi	Langley	$2021
19 km or 12 mi	Maple Ridge	$1969
20 km or 12 mi	Vancouver	$2488
21 km or 13 mi	Richmond	$2093
22 km or 13 mi	North Vancouver	$2388
41 km or 25 mi	Abbotsford	$1883
55 km or 34 mi	Bellingham	$2466
65 km or 41 mi	Chilliwack	$1761
79 km or 49 mi	Nanaimo	$1719
87 km or 54 mi	Saanich	$2121
93 km or 58 mi	Victoria	$2093
93 km or 58 mi	Mount Vernon	$2542
95 km or 59 mi	Langford	$2047
100 km or 62 mi	Oak Harbor	$2751
105 km or 65 mi	Whistler	$2023
124 km or 77 mi	Sequim	$2692
127 km or 79 mi	Port Angeles	$2527
134 km or 84 mi	Marysville	$2598
142 km or 88 mi	Lake Stevens	$2604
144 km or 89 mi	Everett	$2589
147 km or 91 mi	Mukilteo	$2637
154 km or 96 mi	Mill Creek	$2642
157 km or 98 mi	Lynnwood	$2726
157 km or 98 mi	Edmonds	$2785
163 km or 101 mi	Shoreline	$2973
164 km or 102 mi	Bothell	$2625
165 km or 102 mi	Courtenay	$1810
165 km or 103 mi	Kenmore	$2718
171 km or 107 mi	Bainbridge Island	$2810
173 km or 108 mi	Kirkland	$2882
177 km or 110 mi	Redmond	$3239
179 km or 112 mi	Seattle	$3015
180 km or 112 mi	Bremerton	$2462
181 km or 113 mi	Bellevue	$3273
185 km or 115 mi	Sammamish	$2759
185 km or 115 mi	Mercer Island	$2826
193 km or 120 mi	Issaquah	$2606