Cost of Living Comparison Between Vancouver and Panama City 
| Indices Difference |  |
|---|---|
| Consumer Prices in Panama City are 34.3% lower than in Vancouver (without rent) | |
| Consumer Prices Including Rent in Panama City are 42.3% lower than in Vancouver | |
| Rent Prices in Panama City are 54.5% lower than in Vancouver | |
| Restaurant Prices in Panama City are 31.2% lower than in Vancouver | |
| Groceries Prices in Panama City are 39.9% lower than in Vancouver | |
| Local Purchasing Power in Panama City is 52.4% lower than in Vancouver | |
Restaurants | Vancouver Edit |
Panama City Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (18.31 $) |
16.04 C$ (11.75 $) |
-35.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (87.89 $) |
81.92 C$ (60.00 $) |
-31.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
14.45 C$ (10.58 $) |
11.26 C$ (8.25 $) |
-22.0 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.86 $) |
4.10 C$ (3.00 $) |
-48.8 % |
| Imported Beer (12 oz small bottle) |
9.00 C$ (6.59 $) |
5.46 C$ (4.00 $) |
-39.3 % |
| Cappuccino (regular) |
5.43 C$ (3.97 $) |
5.07 C$ (3.72 $) |
-6.5 % |
| Coke/Pepsi (12 oz small bottle) |
2.94 C$ (2.15 $) |
2.46 C$ (1.81 $) |
-16.1 % |
| Water (12 oz small bottle) |
2.64 C$ (1.93 $) |
1.82 C$ (1.33 $) |
-30.9 % |
Markets | Vancouver Edit |
Panama City Edit | |
| Milk (regular), (1 gallon) |
11.69 C$ (8.57 $) |
8.99 C$ (6.58 $) |
-23.2 % |
| Loaf of Fresh White Bread (1 lb) |
3.81 C$ (2.79 $) |
3.01 C$ (2.21 $) |
-20.9 % |
| Rice (white), (1 lb) |
2.80 C$ (2.05 $) |
1.26 C$ (0.93 $) |
-54.9 % |
| Eggs (regular) (12) |
5.95 C$ (4.36 $) |
3.43 C$ (2.52 $) |
-42.2 % |
| Local Cheese (1 lb) |
9.33 C$ (6.83 $) |
6.74 C$ (4.93 $) |
-27.8 % |
| Chicken Fillets (1 lb) |
9.53 C$ (6.98 $) |
4.63 C$ (3.39 $) |
-51.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
11.16 C$ (8.18 $) |
5.55 C$ (4.06 $) |
-50.3 % |
| Apples (1 lb) |
2.91 C$ (2.13 $) |
1.86 C$ (1.36 $) |
-36.1 % |
| Banana (1 lb) |
0.83 C$ (0.61 $) |
0.88 C$ (0.65 $) |
+6.5 % |
| Oranges (1 lb) |
2.39 C$ (1.75 $) |
1.77 C$ (1.30 $) |
-25.9 % |
| Tomato (1 lb) |
2.98 C$ (2.18 $) |
1.95 C$ (1.43 $) |
-34.5 % |
| Potato (1 lb) |
2.05 C$ (1.50 $) |
1.28 C$ (0.94 $) |
-37.3 % |
| Onion (1 lb) |
1.77 C$ (1.30 $) |
1.30 C$ (0.96 $) |
-26.3 % |
| Lettuce (1 head) |
3.59 C$ (2.63 $) |
2.97 C$ (2.18 $) |
-17.2 % |
| Water (1.5 liter bottle) |
2.58 C$ (1.89 $) |
1.97 C$ (1.44 $) |
-23.5 % |
| Bottle of Wine (Mid-Range) |
20.00 C$ (14.65 $) |
11.61 C$ (8.50 $) |
-42.0 % |
| Domestic Beer (0.5 liter bottle) |
4.70 C$ (3.44 $) |
1.68 C$ (1.23 $) |
-64.3 % |
| Imported Beer (12 oz small bottle) |
4.71 C$ (3.45 $) |
2.63 C$ (1.93 $) |
-44.1 % |
| Cigarettes 20 Pack (Marlboro) |
20.57 C$ (15.07 $) |
8.19 C$ (6.00 $) |
-60.2 % |
Transportation | Vancouver Edit |
Panama City Edit | |
| One-way Ticket (Local Transport) |
3.15 C$ (2.31 $) |
0.48 C$ (0.35 $) |
-84.8 % |
| Monthly Pass (Regular Price) |
140.00 C$ (102.54 $) |
34.13 C$ (25.00 $) |
-75.6 % |
| Taxi Start (Normal Tariff) |
4.00 C$ (2.93 $) |
3.07 C$ (2.25 $) |
-23.2 % |
| Taxi 1 mile (Normal Tariff) |
3.83 C$ (2.81 $) |
3.30 C$ (2.41 $) |
-14.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
36.59 C$ (26.80 $) |
27.31 C$ (20.00 $) |
-25.4 % |
| Gasoline (1 gallon) |
7.45 C$ (5.45 $) |
5.07 C$ (3.71 $) |
-31.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,978.00 C$ (24,886.56 $) |
30,378.26 C$ (22,250.00 $) |
-10.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,345.04 C$ (20,760.81 $) |
27,981.37 C$ (20,494.44 $) |
-1.3 % |
Utilities (Monthly) | Vancouver Edit |
Panama City Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
168.94 C$ (123.73 $) |
155.36 C$ (113.79 $) |
-8.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
67.00 C$ (49.07 $) |
40.05 C$ (29.33 $) |
-40.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
81.78 C$ (59.90 $) |
69.75 C$ (51.09 $) |
-14.7 % |
Sports And Leisure | Vancouver Edit |
Panama City Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
62.41 C$ (45.71 $) |
56.66 C$ (41.50 $) |
-9.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
20.10 C$ (14.72 $) |
34.13 C$ (25.00 $) |
+69.8 % |
| Cinema, International Release, 1 Seat |
18.00 C$ (13.18 $) |
9.56 C$ (7.00 $) |
-46.9 % |
Childcare | Vancouver Edit |
Panama City Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,478.95 C$ (1,083.23 $) |
557.22 C$ (408.12 $) |
-62.3 % |
| International Primary School, Yearly for 1 Child |
20,100.00 C$ (14,721.88 $) |
13,210.45 C$ (9,675.75 $) |
-34.3 % |
Clothing And Shoes | Vancouver Edit |
Panama City Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
92.16 C$ (67.50 $) |
73.64 C$ (53.94 $) |
-20.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
64.65 C$ (47.35 $) |
55.69 C$ (40.79 $) |
-13.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
139.03 C$ (101.83 $) |
112.75 C$ (82.58 $) |
-18.9 % |
| 1 Pair of Men Leather Business Shoes |
183.64 C$ (134.50 $) |
126.78 C$ (92.86 $) |
-31.0 % |
Rent Per Month | Vancouver Edit |
Panama City Edit | |
| Apartment (1 bedroom) in City Centre |
2,799.38 C$ (2,050.36 $) |
1,281.12 C$ (938.33 $) |
-54.2 % |
| Apartment (1 bedroom) Outside of Centre |
2,331.35 C$ (1,707.55 $) |
838.95 C$ (614.47 $) |
-64.0 % |
| Apartment (3 bedrooms) in City Centre |
5,087.24 C$ (3,726.05 $) |
2,667.62 C$ (1,953.85 $) |
-47.6 % |
| Apartment (3 bedrooms) Outside of Centre |
3,879.34 C$ (2,841.35 $) |
1,615.62 C$ (1,183.33 $) |
-58.4 % |
Buy Apartment Price | Vancouver Edit |
Panama City Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,508.81 C$ (1,105.10 $) |
312.12 C$ (228.61 $) |
-79.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,000.17 C$ (732.56 $) |
184.83 C$ (135.37 $) |
-81.5 % |
Salaries And Financing | Vancouver Edit |
Panama City Edit | |
| Average Monthly Net Salary (After Tax) |
4,281.59 C$ (3,135.97 $) |
1,176.69 C$ (861.84 $) |
-72.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.62 | 6.07 | -8.3 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 549 | 86 |
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