Cost of living comparison
Panama City is 20.1% cheaper than Canada.
If you lived in Panama City instead of Canada, you would:
pay 17.3% less for restaurants
Canada
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$15.95
CA$21.94
|
$10.00
PAB10.00
|
|
Fast food combo meal
McDonalds, or similar
|
$8.82
CA$12.13
|
$7.00
PAB7.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.77
CA$2.43
|
$1.73
PAB1.73
|
|
Bottle of water (11 fl. oz) |
$1.47
CA$2.02
|
$1.34
PAB1.34
|
|
pay 16.2% less for groceries
Canada
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
CA$3.15
|
$2.36
PAB2.36
|
|
Local cheese (8 oz) |
$5.39
CA$7.41
|
$4.56
PAB4.56
|
|
Milk (1 gallon) |
$7.61
CA$10.47
|
$6.17
PAB6.17
|
|
Eggs
1 dozen
|
$3.04
CA$4.18
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$4.81
CA$6.61
|
$3.23
PAB3.23
|
|
Apples (1 lb) |
$1.62
CA$2.23
|
$1.43
PAB1.43
|
|
Bananas (1 lb) |
$0.68
CA$0.93
|
$0.60
PAB0.60
|
|
Oranges (1 lb) |
$1.60
CA$2.20
|
$1.36
PAB1.36
|
|
Tomatoes (1 lb) |
$1.71
CA$2.36
|
$1.53
PAB1.53
|
|
Potatoes (1 lb) |
$1.13
CA$1.55
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$1.11
CA$1.53
|
$0.94
PAB0.94
|
|
pay 17.9% less for transportation
Canada
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.96
CA$6.82
|
$4.18
PAB4.18
|
|
Monthly public transit pass |
$63.09
CA$86.78
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,101.60
CA$29,024.20
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$16.98
CA$23.35
|
$16.80
PAB16.80
|
|
pay 27.4% less for housing
Canada
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
CA$88.08
|
$50.20
PAB50.20
|
|
1-Bedroom apartment in downtown area |
$1,066.70
CA$1,467.19
|
$900.91
PAB900.91
|
|
1-Bedroom apartment outside city center |
$952.71
CA$1,310.40
|
$515.48
PAB515.48
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$112.22
CA$154.35
|
$82.33
PAB82.33
|
|
pay 36.7% less for childcare
Canada
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$746.92
CA$1,027.35
|
$420.62
PAB420.62
|
|
Middle school for 1 child, two semesters |
$13,296.08
CA$18,288.10
|
$9,343.71
PAB9,343.71
|
|
pay 27.0% less for entertainment and sports
Canada
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.67
CA$6.43
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$3.31
CA$4.56
|
$3.51
PAB3.51
|
|
Pack of cigarettes
Marlboro or similar
|
$11.96
CA$16.45
|
$5.78
PAB5.78
|
|
Monthly membership at local gym |
$43.49
CA$59.81
|
$42.79
PAB42.79
|
|
Movie ticket to theater/cinema |
$10.20
CA$14.03
|
$6.00
PAB6.00
|
|
pay 2.0% more for clothing
Canada
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$49.87
CA$68.59
|
$53.50
PAB53.50
|
|
Regular dress
from H&M or similar store
|
$36.92
CA$50.78
|
$41.33
PAB41.33
|
|
Running shoes
Nike or Adidas
|
$78.02
CA$107.32
|
$74.88
PAB74.88
|
|
Men's business shoes (leather) |
$97.82
CA$134.55
|
$90.67
PAB90.67
|
|
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