Panama City vs Winnipeg - Cost of Living Comparison

Updated: October 10, 2024

	Panama City	Winnipeg
🚶 Cost of living one person	$1384	$1754
👨‍👩‍👧‍👦 Cost of living Family	$3435	$4040
🏠 One person rent	$751	$960
🏘️ Family rent	$1474	$1568
🍽️ Food expenses	$444	$525
🚐 Transport expenses	$84.4	$134
💳 Monthly salary after tax	$914	$2464
😷 Air quality	Good	Excellent
✈️ Airport proximity	7 km	7 km
🎓 Higher education	42	46
😀 Quality of life	66	87
🏙️ Population	881K	750K

The cost of living in Panama City is 21% less expensive than in Winnipeg. Cities ranked 4139th and 2708th ($1384 vs $1754) in the list of the most expensive cities in the world and ranked 1st and 107th 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 1.4 months in Winnipeg. Panama City ranked 1st best city to live in Panama vs Winnipeg ranked 21st in Canada, while ranked 3919th and 250th 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 Winnipeg infographic

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Prices in Panama City vs Winnipeg

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

	Panama City	Winnipeg
Eating Out
🍱 Lunch Menu	$12.3	$16.2
🥂 Dinner in a Restaurant, for 2	$55.2	$58.5
🥪 Fast food meal, equiv. McDonald's	$7.6	$10.7
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.94	$5.08
☕ Cappuccino	$4.25	$3.85
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.9	$2.42
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$827	$810
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$577	$801
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1757	$1459
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1198	$1333
🔌 Utility Bill one person, electricity, heating, water, etc.	$76.7	$96.3
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$118	$148
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.4	$61.3
🏦 Mortgage Interest Rate for 20 Years	6.12%	6.38%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2406	$3190
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1535	$2819
Transportation
🚌 Local transport ticket	$0.35	$2.33
🎟️ Monthly ticket local transport	$26.2	$79.9
🚕 Taxi Ride, 8 km or 5 mi	$13.9	$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.02	$1.09
Groceries
🥛 Milk, 1 L or 1 qt	$1.78	$1.4
🍞 Bread, 0.5 kg or 1.1 lb	$2.12	$1.85
🍚 Rice, 1 kg or 2.2 lb	$2.08	$3.01
🥚 Eggs, x12	$2.67	$3.24
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$11
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.23	$9.8
🥩 Round Steak, 1 kg or 2.2 lb	$10.4	$16.1
🍏 Apples, 1 kg or 2.2 lb	$3.11	$3.76
🍌 Banana, 1 kg or 2.2 lb	$1.54	$1.48
🍊 Oranges, 1 kg or 2.2 lb	$3.09	$4.38
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$3.31
🥔 Potato, 1 kg or 2.2 lb	$2.19	$2.19
🧅 Onion, 1 kg or 2.2 lb	$2.5	$2.35
🌊 Water, 1 L or 1 qt	$1	$1.13
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.51	$1.82
🍾 Wine (mid-priced), 750 mL bottle	$9.03	$12.3
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$3.08
🚬 Cigarette pack	$5.89	$13.6
💊 Cold medicince, 1 week	$10.5	$8.17
🧴 Hair Shampoo	$6.97	$3.26
🧻 Toilet paper, 4 rolls	$3.12	$2.09
👄 Toothpaste, 1 tube	$3.06	$1.8
Other
🏋️ Gym Membership, 1 month	$43.8	$38.1
🎫 Cinema Ticket, 1 person	$6.71	$10.8
👩‍⚕️ Doctor's visit	$49.1	$80.3
💇 Haircut, simple	$13.7	$21.8
👖 Brand Jeans	$54.3	$52.3
👟 Brand Sneakers	$90.2	$91.6
👶 Daycare or Preschool, 1 month	$437	$820
🏫 International Primary School, 1 year	$9531	$12307

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	$1249
16 km or 9.9 mi	Tocumen	$1231
26 km or 16 mi	Pacora	$1249
34 km or 21 mi	La Chorrera	$953
59 km or 37 mi	Colon	$1182
108 km or 67 mi	Penonome	$1098
154 km or 96 mi	Chitre	$1091
190 km or 118 mi	Santiago de Veraguas	$1056
321 km or 199 mi	Turbo	$634
329 km or 204 mi	David	$833
398 km or 247 mi	Monteria	$620
403 km or 250 mi	Limon	$1201
406 km or 252 mi	Santa Cruz de Lorica	$638
452 km or 281 mi	Sincelejo	$506
463 km or 288 mi	Cartagena	$748
483 km or 300 mi	Quibdo	$661
494 km or 307 mi	Cartago	$961
513 km or 319 mi	San Jose	$1239
518 km or 322 mi	Heredia	$1246
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$789
529 km or 329 mi	Alajuela	$1233
530 km or 329 mi	Medellin	$873
534 km or 332 mi	Envigado	$871
558 km or 347 mi	Soledad	$840
559 km or 348 mi	Barranquilla	$789
595 km or 370 mi	Puntarenas	$1277
617 km or 383 mi	Cartago	$619
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1310
627 km or 390 mi	Pereira	$641
631 km or 392 mi	Santa Marta	$979
632 km or 393 mi	Buenaventura	$718
636 km or 395 mi	Minca	$863
651 km or 404 mi	Salento	$562
652 km or 405 mi	Armenia	$541
657 km or 408 mi	Tulua	$477
658 km or 409 mi	Barrancabermeja	$573
675 km or 419 mi	Liberia	$898

Cities near Winnipeg

Distance	City	Cost of living
201 km or 125 mi	Brandon	$1367
218 km or 135 mi	Grand Forks	$1652
335 km or 208 mi	Fargo	$1673
335 km or 208 mi	West Fargo	$1782
336 km or 209 mi	Moorhead	$2121
353 km or 219 mi	Minot	$1690
434 km or 270 mi	Bismarck	$1515
438 km or 272 mi	Mandan	$1663
501 km or 312 mi	Aberdeen	$2131
508 km or 316 mi	Duluth	$1753
510 km or 317 mi	Williston	$1823
513 km or 319 mi	Superior	$2003
530 km or 330 mi	St. Cloud	$1414
535 km or 332 mi	Regina	$1678
554 km or 344 mi	Watertown	$2391
574 km or 357 mi	Elk River	$2416
584 km or 363 mi	Ramsey	$2640
592 km or 368 mi	Andover	$2447
593 km or 368 mi	Champlin	$2485
598 km or 372 mi	Thunder Bay	$1698
601 km or 374 mi	Moose Jaw	$1408
602 km or 374 mi	Blaine	$2429
603 km or 374 mi	Maple Grove	$2353
604 km or 375 mi	Coon Rapids	$2476
604 km or 375 mi	Brooklyn Park	$2398
607 km or 377 mi	Lino Lakes	$2319
608 km or 378 mi	Brooklyn Center	$2358
608 km or 378 mi	Fridley	$2400
609 km or 378 mi	Plymouth	$2292
609 km or 378 mi	New Hope	$2282
610 km or 379 mi	Crystal	$2280
612 km or 380 mi	New Brighton	$2305
612 km or 381 mi	Golden Valley	$2231
613 km or 381 mi	Shoreview	$2282
617 km or 383 mi	Minnetonka	$2297
617 km or 384 mi	White Bear Lake	$2252
618 km or 384 mi	St. Louis Park	$2224
618 km or 384 mi	Minneapolis	$2256
620 km or 385 mi	Roseville	$2193
621 km or 386 mi	Brookings	$2750