Panama City vs Vancouver - Cost of Living Comparison

Updated: March 11, 2026

	Panama City	Vancouver
🚶 Cost of living one person	$1583	$2540
👨‍👩‍👧‍👦 Cost of living Family	$3567	$5841
🏠 One person rent	$976	$1607
🏘️ Family rent	$1633	$2790
🍽️ Food expenses	$432	$630
🚐 Transport expenses	$69.1	$142
💳 Monthly salary after tax	$936	$3629
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	7 km	9 km
🎓 Higher education	42	78
😀 Quality of life	69	93
🏙️ Population	410K	662K

The cost of living in Panama City is 38% less expensive than in Vancouver. Cities ranked 3744th and 822nd ($1583 vs $2540) in the list of the most expensive cities in the world and ranked 1st and 2nd 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 1.4 months in Vancouver. Panama City ranked 1st best city to live in Panama vs Vancouver ranked 4th in Canada, while ranked 4400th and 53rd among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this infographic!

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

Prices in Panama City vs Vancouver

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

	Panama City	Vancouver
Eating Out
🍱 Lunch Menu	$10.6	$16.7
🥂 Dinner in a Restaurant, for 2	$45.3	$74.7
🥪 Fast food meal, equiv. McDonald's	$7.39	$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$5.97
☕ Cappuccino	$3.94	$4.22
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.71	$2.2
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1062	$1720
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$794	$1440
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1911	$3147
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1347	$2525
🔌 Utility Bill one person, electricity, heating, water, etc.	$82.5	$56
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$128	$85.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$54.7
🏦 Mortgage Interest Rate for 20 Years	6.26%	4.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3048	$9202
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1725	$7119
Transportation
🚌 Local transport ticket	$0.35	$2.57
🎟️ Monthly ticket local transport	$22.2	$88.5
🚕 Taxi Ride, 8 km or 5 mi	$17.4	$16.6
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.93	$1.18
Groceries
🥛 Milk, 1 L or 1 qt	$1.84	$2.13
🍞 Bread, 0.5 kg or 1.1 lb	$2.23	$2.84
🍚 Rice, 1 kg or 2.2 lb	$2.33	$3.89
🥚 Eggs, x12	$3.26	$4.17
🧀 Cheese, 1 kg or 2.2 lb	$11.2	$14.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.57	$15
🥩 Round Steak, 1 kg or 2.2 lb	$9.64	$15.8
🍏 Apples, 1 kg or 2.2 lb	$3.53	$4.41
🍌 Banana, 1 kg or 2.2 lb	$1.62	$1.49
🍊 Oranges, 1 kg or 2.2 lb	$3.29	$4.18
🍅 Tomato, 1 kg or 2.2 lb	$3.03	$4.68
🥔 Potato, 1 kg or 2.2 lb	$2.46	$3.25
🧅 Onion, 1 kg or 2.2 lb	$3.74	$2.96
🌊 Water, 1 L or 1 qt	$1.16	$1.22
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.41	$2.75
🍾 Wine (mid-priced), 750 mL bottle	$11.6	$16.1
🍺 Beer, 0.5 L or 16 fl oz	$1.44	$3.38
🚬 Cigarette pack	$6.04	$15.9
💊 Cold medicince, 1 week	$8.16	$8.06
🧴 Hair Shampoo	$8.03	$5.01
🧻 Toilet paper, 4 rolls	$2.96	$3.37
👄 Toothpaste, 1 tube	$3.04	$2.71
Other
🏋️ Gym Membership, 1 month	$42.8	$42.6
🎫 Cinema Ticket, 1 person	$7.3	$12.2
👩‍⚕️ Doctor's visit	$50.2	$105
💇 Haircut, simple	$14.5	$27.1
👖 Brand Jeans	$53.6	$66.1
👟 Brand Sneakers	$91.3	$94.2
👶 Daycare or Preschool, 1 month	$503	$1231
🏫 International Primary School, 1 year	$13402	$21986

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	$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

Cities near Vancouver

Distance	City	Cost of living
7.8 km or 4.8 mi	North Vancouver	$2478
9.6 km or 6 mi	Richmond	$2240
11 km or 6.8 mi	Burnaby	$2457
17 km or 10 mi	Delta	$2361
20 km or 12 mi	Surrey	$2237
23 km or 14 mi	Coquitlam	$2590
36 km or 22 mi	Langley	$2054
36 km or 23 mi	Maple Ridge	$2326
60 km or 37 mi	Abbotsford	$2034
62 km or 38 mi	Nanaimo	$1865
72 km or 45 mi	Bellingham	$2526
84 km or 52 mi	Chilliwack	$1884
88 km or 54 mi	Saanich	$2190
94 km or 58 mi	Langford	$2128
94 km or 58 mi	Victoria	$2173
97 km or 61 mi	Whistler	$2470
108 km or 67 mi	Mount Vernon	$2456
111 km or 69 mi	Oak Harbor	$2754
129 km or 80 mi	Port Angeles	$2539
130 km or 81 mi	Sequim	$2710
145 km or 90 mi	Courtenay	$1872
149 km or 92 mi	Marysville	$2628
156 km or 97 mi	Lake Stevens	$2641
158 km or 98 mi	Everett	$2641
159 km or 99 mi	Mukilteo	$2674
168 km or 104 mi	Mill Creek	$2717
170 km or 105 mi	Lynnwood	$2734
170 km or 105 mi	Edmonds	$2739
175 km or 109 mi	Shoreline	$2778
177 km or 110 mi	Campbell River	$2200
177 km or 110 mi	Bothell	$2737
178 km or 111 mi	Kenmore	$2702
182 km or 113 mi	Bainbridge Island	$2855
186 km or 116 mi	Kirkland	$3041
190 km or 118 mi	Bremerton	$2475
190 km or 118 mi	Redmond	$3559
191 km or 119 mi	Seattle	$3154
194 km or 120 mi	Bellevue	$3292
198 km or 123 mi	Mercer Island	$2896
198 km or 123 mi	Sammamish	$2915