Cost of Living Comparison Between Panama City and Vancouver 

Indices DifferenceInfo
Cost of Living in Vancouver is 48.7% higher than in Panama City (without rent)
Cost of Living Including Rent in Vancouver is 69.3% higher than in Panama City
Rent Prices in Vancouver are 114.5% higher than in Panama City
Restaurant Prices in Vancouver are 46.4% higher than in Panama City
Groceries Prices in Vancouver are 62.6% higher than in Panama City
Local Purchasing Power in Vancouver is 120.7% higher than in Panama City
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Panama City Edit Vancouver Edit Difference
Meal, Inexpensive Restaurant 11.75 $
(16.08 C$)
18.27 $
(25.00 C$)
     +55.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 $
(82.10 C$)
87.70 $
(120.00 C$)
     +46.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 $
(10.95 C$)
10.96 $
(15.00 C$)
     +37.0 %
Domestic Beer (1 pint draught) 2.75 $
(3.76 C$)
5.85 $
(8.00 C$)
     +112.6 %
Imported Beer (12 oz small bottle) 4.00 $
(5.47 C$)
6.58 $
(9.00 C$)
     +64.4 %
Cappuccino (regular) 3.72 $
(5.09 C$)
3.96 $
(5.42 C$)
     +6.7 %
Coke/Pepsi (12 oz small bottle) 1.77 $
(2.42 C$)
2.15 $
(2.94 C$)
     +21.5 %
Water (12 oz small bottle) 1.33 $
(1.82 C$)
1.91 $
(2.61 C$)
     +43.7 %
Markets
Panama City Edit Vancouver Edit
Milk (regular), (1 gallon) 6.68 $
(9.14 C$)
8.28 $
(11.33 C$)
     +24.0 %
Loaf of Fresh White Bread (1 lb) 2.21 $
(3.02 C$)
2.78 $
(3.81 C$)
     +26.1 %
Rice (white), (1 lb) 0.95 $
(1.30 C$)
2.00 $
(2.73 C$)
     +109.6 %
Eggs (regular) (12) 2.54 $
(3.48 C$)
4.10 $
(5.61 C$)
     +61.1 %
Local Cheese (1 lb) 4.93 $
(6.75 C$)
6.01 $
(8.22 C$)
     +21.8 %
Chicken Fillets (1 lb) 3.42 $
(4.67 C$)
7.03 $
(9.61 C$)
     +105.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.07 $
(5.56 C$)
8.16 $
(11.16 C$)
     +100.7 %
Apples (1 lb) 1.40 $
(1.92 C$)
2.05 $
(2.80 C$)
     +46.0 %
Banana (1 lb) 0.62 $
(0.85 C$)
0.61 $
(0.83 C$)
     -2.4 %
Oranges (1 lb) 1.30 $
(1.77 C$)
1.74 $
(2.39 C$)
     +34.7 %
Tomato (1 lb) 1.41 $
(1.92 C$)
2.16 $
(2.96 C$)
     +54.0 %
Potato (1 lb) 0.94 $
(1.29 C$)
1.47 $
(2.01 C$)
     +55.8 %
Onion (1 lb) 0.97 $
(1.33 C$)
1.26 $
(1.72 C$)
     +29.2 %
Lettuce (1 head) 2.18 $
(2.98 C$)
2.61 $
(3.57 C$)
     +20.0 %
Water (1.5 liter bottle) 1.44 $
(1.96 C$)
1.97 $
(2.70 C$)
     +37.3 %
Bottle of Wine (Mid-Range) 9.00 $
(12.32 C$)
14.62 $
(20.00 C$)
     +62.4 %
Domestic Beer (0.5 liter bottle) 1.20 $
(1.64 C$)
3.37 $
(4.61 C$)
     +181.7 %
Imported Beer (12 oz small bottle) 1.86 $
(2.54 C$)
3.38 $
(4.62 C$)
     +81.9 %
Cigarettes 20 Pack (Marlboro) 5.75 $
(7.87 C$)
14.67 $
(20.07 C$)
     +155.1 %
Transportation
Panama City Edit Vancouver Edit
One-way Ticket (Local Transport) 0.35 $
(0.48 C$)
2.30 $
(3.15 C$)
     +557.7 %
Monthly Pass (Regular Price) 25.00 $
(34.21 C$)
102.31 $
(140.00 C$)
     +309.3 %
Taxi Start (Normal Tariff) 2.00 $
(2.74 C$)
2.83 $
(3.88 C$)
     +41.6 %
Taxi 1 mile (Normal Tariff) 2.62 $
(3.58 C$)
2.52 $
(3.45 C$)
     -3.5 %
Taxi 1hour Waiting (Normal Tariff) 20.00 $
(27.37 C$)
26.52 $
(36.29 C$)
     +32.6 %
Gasoline (1 gallon) 3.71 $
(5.08 C$)
5.44 $
(7.44 C$)
     +46.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,250.00 $
(30,445.79 C$)
24,831.37 $
(33,978.00 C$)
     +11.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,494.44 $
(28,043.57 C$)
20,714.76 $
(28,345.04 C$)
     +1.1 %
Utilities (Monthly)
Panama City Edit Vancouver Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 112.43 $
(153.84 C$)
107.75 $
(147.45 C$)
     -4.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 29.38 $
(40.20 C$)
47.13 $
(64.49 C$)
     +60.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 51.37 $
(70.29 C$)
57.86 $
(79.18 C$)
     +12.7 %
Sports And Leisure
Panama City Edit Vancouver Edit
Fitness Club, Monthly Fee for 1 Adult 40.93 $
(56.01 C$)
40.66 $
(55.63 C$)
     -0.7 %
Tennis Court Rent (1 Hour on Weekend) 25.00 $
(34.21 C$)
11.58 $
(15.84 C$)
     -53.7 %
Cinema, International Release, 1 Seat 7.00 $
(9.58 C$)
13.15 $
(18.00 C$)
     +87.9 %
Childcare
Panama City Edit Vancouver Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 387.50 $
(530.24 C$)
1,132.75 $
(1,550.00 C$)
     +192.3 %
International Primary School, Yearly for 1 Child 9,675.75 $
(13,239.81 C$)
14,689.22 $
(20,100.00 C$)
     +51.8 %
Clothing And Shoes
Panama City Edit Vancouver Edit
1 Pair of Jeans (Levis 501 Or Similar) 53.94 $
(73.81 C$)
62.51 $
(85.54 C$)
     +15.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.79 $
(55.81 C$)
42.39 $
(58.00 C$)
     +3.9 %
1 Pair of Nike Running Shoes (Mid-Range) 82.58 $
(113.00 C$)
99.45 $
(136.08 C$)
     +20.4 %
1 Pair of Men Leather Business Shoes 92.86 $
(127.06 C$)
123.20 $
(168.58 C$)
     +32.7 %
Rent Per Month
Panama City Edit Vancouver Edit
Apartment (1 bedroom) in City Centre 925.91 $
(1,266.97 C$)
2,044.90 $
(2,798.14 C$)
     +120.9 %
Apartment (1 bedroom) Outside of Centre 598.61 $
(819.11 C$)
1,683.55 $
(2,303.69 C$)
     +181.2 %
Apartment (3 bedrooms) in City Centre 2,048.00 $
(2,802.38 C$)
3,688.69 $
(5,047.42 C$)
     +80.1 %
Apartment (3 bedrooms) Outside of Centre 1,194.12 $
(1,633.97 C$)
2,804.96 $
(3,838.17 C$)
     +134.9 %
Buy Apartment Price
Panama City Edit Vancouver Edit
Price per Square Feet to Buy Apartment in City Centre 228.61 $
(312.81 C$)
1,063.50 $
(1,455.23 C$)
     +365.2 %
Price per Square Feet to Buy Apartment Outside of Centre 135.37 $
(185.24 C$)
679.75 $
(930.14 C$)
     +402.1 %
Salaries And Financing
Panama City Edit Vancouver Edit
Average Monthly Net Salary (After Tax) 861.84 $
(1,179.30 C$)
3,220.08 $
(4,406.20 C$)
     +273.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.07 6.54      +7.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:88549