Cost of Living Comparison Between Vancouver and Panama City 

Indices DifferenceInfo
Cost of Living in Panama City is 31.1% lower than in Vancouver (without rent)
Cost of Living Including Rent in Panama City is 39.7% lower than in Vancouver
Rent Prices in Panama City are 52.7% lower than in Vancouver
Restaurant Prices in Panama City are 31.2% lower than in Vancouver
Groceries Prices in Panama City are 36.7% lower than in Vancouver
Local Purchasing Power in Panama City is 55.1% lower than in Vancouver
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Vancouver Edit Panama City Edit Difference
Meal, Inexpensive Restaurant 25.00 C$
(18.18 $)
16.16 C$
(11.75 $)
     -35.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(87.27 $)
82.50 C$
(60.00 $)
     -31.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(10.91 $)
11.00 C$
(8.00 $)
     -26.7 %
Domestic Beer (1 pint draught) 8.00 C$
(5.82 $)
4.13 C$
(3.00 $)
     -48.4 %
Imported Beer (12 oz small bottle) 9.00 C$
(6.55 $)
5.50 C$
(4.00 $)
     -38.9 %
Cappuccino (regular) 5.41 C$
(3.93 $)
5.07 C$
(3.68 $)
     -6.3 %
Coke/Pepsi (12 oz small bottle) 2.94 C$
(2.14 $)
2.43 C$
(1.77 $)
     -17.3 %
Water (12 oz small bottle) 2.61 C$
(1.90 $)
1.83 C$
(1.33 $)
     -30.1 %
Markets
Vancouver Edit Panama City Edit
Milk (regular), (1 gallon) 10.64 C$
(7.74 $)
9.28 C$
(6.75 $)
     -12.9 %
Loaf of Fresh White Bread (1 lb) 3.75 C$
(2.73 $)
3.11 C$
(2.26 $)
     -17.2 %
Rice (white), (1 lb) 2.66 C$
(1.93 $)
1.33 C$
(0.97 $)
     -49.9 %
Eggs (regular) (12) 5.56 C$
(4.04 $)
3.60 C$
(2.62 $)
     -35.2 %
Local Cheese (1 lb) 8.17 C$
(5.94 $)
7.24 C$
(5.27 $)
     -11.4 %
Chicken Fillets (1 lb) 9.67 C$
(7.03 $)
4.75 C$
(3.46 $)
     -50.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 11.10 C$
(8.08 $)
5.81 C$
(4.22 $)
     -47.7 %
Apples (1 lb) 2.77 C$
(2.02 $)
1.90 C$
(1.38 $)
     -31.4 %
Banana (1 lb) 0.84 C$
(0.61 $)
0.93 C$
(0.68 $)
     +10.3 %
Oranges (1 lb) 2.40 C$
(1.74 $)
1.70 C$
(1.24 $)
     -29.0 %
Tomato (1 lb) 3.00 C$
(2.18 $)
1.92 C$
(1.39 $)
     -36.2 %
Potato (1 lb) 1.95 C$
(1.42 $)
1.30 C$
(0.94 $)
     -33.4 %
Onion (1 lb) 1.71 C$
(1.24 $)
1.36 C$
(0.99 $)
     -20.4 %
Lettuce (1 head) 3.54 C$
(2.57 $)
2.85 C$
(2.08 $)
     -19.4 %
Water (1.5 liter bottle) 2.65 C$
(1.93 $)
2.08 C$
(1.51 $)
     -21.6 %
Bottle of Wine (Mid-Range) 20.00 C$
(14.54 $)
12.38 C$
(9.00 $)
     -38.1 %
Domestic Beer (0.5 liter bottle) 4.33 C$
(3.15 $)
1.66 C$
(1.21 $)
     -61.7 %
Imported Beer (12 oz small bottle) 4.64 C$
(3.38 $)
2.68 C$
(1.95 $)
     -42.4 %
Cigarettes 20 Pack (Marlboro) 20.07 C$
(14.60 $)
8.08 C$
(5.88 $)
     -59.8 %
Transportation
Vancouver Edit Panama City Edit
One-way Ticket (Local Transport) 3.15 C$
(2.29 $)
0.48 C$
(0.35 $)
     -84.7 %
Monthly Pass (Regular Price) 140.00 C$
(101.81 $)
34.38 C$
(25.00 $)
     -75.4 %
Taxi Start (Normal Tariff) 4.00 C$
(2.91 $)
3.09 C$
(2.25 $)
     -22.7 %
Taxi 1 mile (Normal Tariff) 3.45 C$
(2.51 $)
3.60 C$
(2.62 $)
     +4.2 %
Taxi 1hour Waiting (Normal Tariff) 36.29 C$
(26.39 $)
28.88 C$
(21.00 $)
     -20.4 %
Gasoline (1 gallon) 7.33 C$
(5.33 $)
5.07 C$
(3.69 $)
     -30.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,978.00 C$
(24,710.37 $)
30,594.86 C$
(22,250.00 $)
     -10.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,031.10 C$
(20,385.52 $)
28,180.89 C$
(20,494.44 $)
     +0.5 %
Utilities (Monthly)
Vancouver Edit Panama City Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 145.21 C$
(105.60 $)
166.05 C$
(120.76 $)
     +14.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 62.33 C$
(45.33 $)
40.39 C$
(29.38 $)
     -35.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 79.24 C$
(57.63 $)
71.07 C$
(51.69 $)
     -10.3 %
Sports And Leisure
Vancouver Edit Panama City Edit
Fitness Club, Monthly Fee for 1 Adult 55.12 C$
(40.08 $)
59.01 C$
(42.92 $)
     +7.1 %
Tennis Court Rent (1 Hour on Weekend) 15.84 C$
(11.52 $)
30.94 C$
(22.50 $)
     +95.3 %
Cinema, International Release, 1 Seat 17.50 C$
(12.73 $)
9.63 C$
(7.00 $)
     -45.0 %
Childcare
Vancouver Edit Panama City Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,596.88 C$
(1,161.32 $)
569.79 C$
(414.38 $)
     -64.3 %
International Primary School, Yearly for 1 Child 20,100.00 C$
(14,617.65 $)
12,455.20 C$
(9,058.00 $)
     -38.0 %
Clothing And Shoes
Vancouver Edit Panama City Edit
1 Pair of Jeans (Levis 501 Or Similar) 84.84 C$
(61.70 $)
73.83 C$
(53.69 $)
     -13.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 56.91 C$
(41.39 $)
55.57 C$
(40.42 $)
     -2.3 %
1 Pair of Nike Running Shoes (Mid-Range) 134.88 C$
(98.09 $)
118.51 C$
(86.19 $)
     -12.1 %
1 Pair of Men Leather Business Shoes 168.58 C$
(122.60 $)
145.63 C$
(105.91 $)
     -13.6 %
Rent Per Month
Vancouver Edit Panama City Edit
Apartment (1 bedroom) in City Centre 2,796.86 C$
(2,034.01 $)
1,291.24 C$
(939.05 $)
     -53.8 %
Apartment (1 bedroom) Outside of Centre 2,346.32 C$
(1,706.35 $)
853.68 C$
(620.83 $)
     -63.6 %
Apartment (3 bedrooms) in City Centre 5,091.40 C$
(3,702.71 $)
2,738.64 C$
(1,991.67 $)
     -46.2 %
Apartment (3 bedrooms) Outside of Centre 3,878.59 C$
(2,820.69 $)
1,791.86 C$
(1,303.12 $)
     -53.8 %
Buy Apartment Price
Vancouver Edit Panama City Edit
Price per Square Feet to Buy Apartment in City Centre 1,431.55 C$
(1,041.09 $)
324.15 C$
(235.74 $)
     -77.4 %
Price per Square Feet to Buy Apartment Outside of Centre 930.14 C$
(676.44 $)
195.88 C$
(142.45 $)
     -78.9 %
Salaries And Financing
Vancouver Edit Panama City Edit
Average Monthly Net Salary (After Tax) 4,511.44 C$
(3,280.93 $)
1,219.35 C$
(886.76 $)
     -73.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 6.02      -8.4 %
Last update: June 2024June 2024
Contributors in the past 12 months:55591