Cost of Living Comparison Between Vancouver and Panama City 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama City is 33.5% lower than in Vancouver (without rent) | |
| Cost of Living Including Rent in Panama City is 39.9% lower than in Vancouver | |
| Rent Prices in Panama City are 50.6% lower than in Vancouver | |
| Restaurant Prices in Panama City are 29.3% lower than in Vancouver | |
| Groceries Prices in Panama City are 35.2% lower than in Vancouver | |
| Local Purchasing Power in Panama City is 56.7% lower than in Vancouver | |
Restaurants | Vancouver Edit |
Panama City Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (18.10 $) |
16.23 C$ (11.75 $) |
-35.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (86.87 $) |
82.88 C$ (60.00 $) |
-30.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.86 $) |
11.05 C$ (8.00 $) |
-26.3 % |
| Domestic Beer (1 pint draught) |
8.50 C$ (6.15 $) |
4.14 C$ (3.00 $) |
-51.2 % |
| Imported Beer (12 oz small bottle) |
9.00 C$ (6.52 $) |
5.53 C$ (4.00 $) |
-38.6 % |
| Cappuccino (regular) |
5.44 C$ (3.94 $) |
5.07 C$ (3.67 $) |
-6.9 % |
| Coke/Pepsi (12 oz small bottle) |
2.95 C$ (2.13 $) |
2.52 C$ (1.82 $) |
-14.4 % |
| Water (12 oz small bottle) |
2.57 C$ (1.86 $) |
1.89 C$ (1.37 $) |
-26.4 % |
Markets | Vancouver Edit |
Panama City Edit | |
| Milk (regular), (1 gallon) |
10.08 C$ (7.30 $) |
9.29 C$ (6.73 $) |
-7.8 % |
| Loaf of Fresh White Bread (1 lb) |
3.79 C$ (2.74 $) |
3.18 C$ (2.30 $) |
-16.1 % |
| Rice (white), (1 lb) |
2.54 C$ (1.84 $) |
1.35 C$ (0.98 $) |
-46.8 % |
| Eggs (regular) (12) |
5.44 C$ (3.94 $) |
3.57 C$ (2.58 $) |
-34.4 % |
| Local Cheese (1 lb) |
8.25 C$ (5.97 $) |
7.49 C$ (5.42 $) |
-9.2 % |
| Chicken Fillets (1 lb) |
9.49 C$ (6.87 $) |
4.78 C$ (3.46 $) |
-49.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
10.77 C$ (7.80 $) |
5.99 C$ (4.33 $) |
-44.4 % |
| Apples (1 lb) |
2.78 C$ (2.01 $) |
1.92 C$ (1.39 $) |
-31.1 % |
| Banana (1 lb) |
0.81 C$ (0.59 $) |
0.91 C$ (0.66 $) |
+12.0 % |
| Oranges (1 lb) |
2.36 C$ (1.71 $) |
1.71 C$ (1.24 $) |
-27.3 % |
| Tomato (1 lb) |
2.95 C$ (2.13 $) |
1.86 C$ (1.34 $) |
-37.1 % |
| Potato (1 lb) |
1.94 C$ (1.41 $) |
1.30 C$ (0.94 $) |
-33.0 % |
| Onion (1 lb) |
1.68 C$ (1.22 $) |
1.43 C$ (1.03 $) |
-15.1 % |
| Lettuce (1 head) |
3.48 C$ (2.52 $) |
2.88 C$ (2.09 $) |
-17.2 % |
| Water (1.5 liter bottle) |
2.50 C$ (1.81 $) |
2.04 C$ (1.48 $) |
-18.2 % |
| Bottle of Wine (Mid-Range) |
20.00 C$ (14.48 $) |
12.43 C$ (9.00 $) |
-37.8 % |
| Domestic Beer (0.5 liter bottle) |
4.25 C$ (3.08 $) |
1.66 C$ (1.20 $) |
-61.0 % |
| Imported Beer (12 oz small bottle) |
4.62 C$ (3.35 $) |
2.61 C$ (1.89 $) |
-43.6 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 C$ (14.48 $) |
7.94 C$ (5.75 $) |
-60.3 % |
Transportation | Vancouver Edit |
Panama City Edit | |
| One-way Ticket (Local Transport) |
3.15 C$ (2.28 $) |
0.48 C$ (0.35 $) |
-84.7 % |
| Monthly Pass (Regular Price) |
140.00 C$ (101.35 $) |
34.53 C$ (25.00 $) |
-75.3 % |
| Taxi Start (Normal Tariff) |
4.00 C$ (2.90 $) |
2.76 C$ (2.00 $) |
-30.9 % |
| Taxi 1 mile (Normal Tariff) |
3.27 C$ (2.37 $) |
4.02 C$ (2.91 $) |
+23.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
36.90 C$ (26.71 $) |
29.01 C$ (21.00 $) |
-21.4 % |
| Gasoline (1 gallon) |
7.23 C$ (5.24 $) |
5.09 C$ (3.69 $) |
-29.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,978.00 C$ (24,598.03 $) |
27,281.27 C$ (19,750.00 $) |
-19.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,715.31 C$ (20,064.22 $) |
28,087.04 C$ (20,333.33 $) |
+1.3 % |
Utilities (Monthly) | Vancouver Edit |
Panama City Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
143.07 C$ (103.58 $) |
167.46 C$ (121.23 $) |
+17.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
61.45 C$ (44.48 $) |
41.18 C$ (29.81 $) |
-33.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
76.52 C$ (55.40 $) |
72.02 C$ (52.14 $) |
-5.9 % |
Sports And Leisure | Vancouver Edit |
Panama City Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
55.43 C$ (40.13 $) |
61.01 C$ (44.17 $) |
+10.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.44 C$ (10.46 $) |
31.08 C$ (22.50 $) |
+115.2 % |
| Cinema, International Release, 1 Seat |
17.00 C$ (12.31 $) |
9.67 C$ (7.00 $) |
-43.1 % |
Childcare | Vancouver Edit |
Panama City Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,659.38 C$ (1,201.29 $) |
579.17 C$ (419.29 $) |
-65.1 % |
| International Primary School, Yearly for 1 Child |
21,750.00 C$ (15,745.69 $) |
12,906.75 C$ (9,343.71 $) |
-40.7 % |
Clothing And Shoes | Vancouver Edit |
Panama City Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
84.66 C$ (61.29 $) |
74.02 C$ (53.58 $) |
-12.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
57.64 C$ (41.73 $) |
53.87 C$ (39.00 $) |
-6.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
131.65 C$ (95.31 $) |
118.90 C$ (86.08 $) |
-9.7 % |
| 1 Pair of Men Leather Business Shoes |
165.84 C$ (120.06 $) |
155.02 C$ (112.22 $) |
-6.5 % |
Rent Per Month | Vancouver Edit |
Panama City Edit | |
| Apartment (1 bedroom) in City Centre |
2,791.39 C$ (2,020.80 $) |
1,364.06 C$ (987.50 $) |
-51.1 % |
| Apartment (1 bedroom) Outside of Centre |
2,361.71 C$ (1,709.74 $) |
910.05 C$ (658.82 $) |
-61.5 % |
| Apartment (3 bedrooms) in City Centre |
5,085.62 C$ (3,681.68 $) |
2,796.65 C$ (2,024.61 $) |
-45.0 % |
| Apartment (3 bedrooms) Outside of Centre |
3,861.86 C$ (2,795.75 $) |
1,889.46 C$ (1,367.86 $) |
-51.1 % |
Buy Apartment Price | Vancouver Edit |
Panama City Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,401.17 C$ (1,014.36 $) |
323.50 C$ (234.19 $) |
-76.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
930.14 C$ (673.36 $) |
196.77 C$ (142.45 $) |
-78.8 % |
Salaries And Financing | Vancouver Edit |
Panama City Edit | |
| Average Monthly Net Salary (After Tax) |
4,620.01 C$ (3,344.61 $) |
1,201.30 C$ (869.67 $) |
-74.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.53 | 6.03 | -7.7 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 541 | 95 |
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