Cost of Living Comparison Between Vancouver and Panama City 

Indices DifferenceInfo
Consumer Prices in Panama City are 26.8% lower than in Vancouver (without rent)
Consumer Prices Including Rent in Panama City are 37.4% lower than in Vancouver
Rent Prices in Panama City are 53.0% lower than in Vancouver
Restaurant Prices in Panama City are 30.2% lower than in Vancouver
Groceries Prices in Panama City are 29.9% lower than in Vancouver
Local Purchasing Power in Panama City is 61.1% 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$
(18.26 $)
13.69 C$
(10.00 $)
     -45.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 C$
(73.06 $)
82.13 C$
(60.00 $)
     -17.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 C$
(8.77 $)
9.58 C$
(7.00 $)
     -20.2 %
Domestic Beer (1 pint draught) 7.50 C$
(5.48 $)
3.42 C$
(2.50 $)
     -54.4 %
Imported Beer (12 oz small bottle) 9.00 C$
(6.58 $)
5.48 C$
(4.00 $)
     -39.2 %
Cappuccino (regular) 5.02 C$
(3.66 $)
4.75 C$
(3.47 $)
     -5.4 %
Coke/Pepsi (12 oz small bottle) 2.69 C$
(1.96 $)
2.37 C$
(1.73 $)
     -11.9 %
Water (12 oz small bottle) 2.44 C$
(1.78 $)
1.86 C$
(1.36 $)
     -23.8 %
Markets
Vancouver Edit Panama City Edit
Milk (regular), (1 gallon) 11.21 C$
(8.19 $)
8.44 C$
(6.17 $)
     -24.7 %
Loaf of Fresh White Bread (1 lb) 3.31 C$
(2.42 $)
2.91 C$
(2.13 $)
     -12.0 %
Rice (white), (1 lb) 2.16 C$
(1.58 $)
1.27 C$
(0.93 $)
     -41.0 %
Eggs (regular) (12) 5.20 C$
(3.80 $)
3.02 C$
(2.20 $)
     -42.0 %
Local Cheese (1 lb) 7.46 C$
(5.45 $)
5.66 C$
(4.14 $)
     -24.1 %
Chicken Fillets (1 lb) 7.60 C$
(5.55 $)
4.42 C$
(3.23 $)
     -41.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.28 C$
(6.05 $)
5.48 C$
(4.00 $)
     -33.8 %
Apples (1 lb) 2.18 C$
(1.59 $)
1.95 C$
(1.43 $)
     -10.4 %
Banana (1 lb) 0.84 C$
(0.61 $)
0.82 C$
(0.60 $)
     -2.2 %
Oranges (1 lb) 2.18 C$
(1.59 $)
1.86 C$
(1.36 $)
     -14.8 %
Tomato (1 lb) 2.32 C$
(1.69 $)
2.09 C$
(1.53 $)
     -9.9 %
Potato (1 lb) 1.76 C$
(1.28 $)
1.22 C$
(0.89 $)
     -30.5 %
Onion (1 lb) 1.25 C$
(0.92 $)
1.22 C$
(0.89 $)
     -2.7 %
Lettuce (1 head) 3.39 C$
(2.47 $)
3.20 C$
(2.34 $)
     -5.4 %
Water (1.5 liter bottle) 2.49 C$
(1.82 $)
2.14 C$
(1.56 $)
     -14.3 %
Bottle of Wine (Mid-Range) 20.00 C$
(14.61 $)
12.32 C$
(9.00 $)
     -38.4 %
Domestic Beer (0.5 liter bottle) 3.54 C$
(2.58 $)
1.72 C$
(1.26 $)
     -51.3 %
Imported Beer (12 oz small bottle) 3.76 C$
(2.75 $)
2.42 C$
(1.76 $)
     -35.8 %
Cigarettes 20 Pack (Marlboro) 19.00 C$
(13.88 $)
7.90 C$
(5.78 $)
     -58.4 %
Transportation
Vancouver Edit Panama City Edit
One-way Ticket (Local Transport) 3.10 C$
(2.26 $)
0.48 C$
(0.35 $)
     -84.5 %
Monthly Pass (Regular Price) 120.00 C$
(87.67 $)
34.22 C$
(25.00 $)
     -71.5 %
Taxi Start (Normal Tariff) 3.75 C$
(2.74 $)
2.74 C$
(2.00 $)
     -27.0 %
Taxi 1 mile (Normal Tariff) 3.16 C$
(2.31 $)
4.08 C$
(2.98 $)
     +28.9 %
Taxi 1hour Waiting (Normal Tariff) 37.14 C$
(27.14 $)
27.38 C$
(20.00 $)
     -26.3 %
Gasoline (1 gallon) 7.52 C$
(5.50 $)
5.72 C$
(4.18 $)
     -24.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 C$
(21,916.70 $)
30,456.22 C$
(22,250.00 $)
     +1.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,675.00 C$
(19,487.60 $)
27,292.73 C$
(19,938.89 $)
     +2.3 %
Utilities (Monthly)
Vancouver Edit Panama City Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 127.14 C$
(92.88 $)
147.37 C$
(107.66 $)
     +15.9 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.30 C$
(0.22 $)
0.19 C$
(0.14 $)
     -38.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 85.42 C$
(62.40 $)
68.41 C$
(49.98 $)
     -19.9 %
Sports And Leisure
Vancouver Edit Panama City Edit
Fitness Club, Monthly Fee for 1 Adult 58.81 C$
(42.96 $)
58.57 C$
(42.79 $)
     -0.4 %
Tennis Court Rent (1 Hour on Weekend) 14.79 C$
(10.80 $)
29.94 C$
(21.88 $)
     +102.5 %
Cinema, International Release, 1 Seat 17.00 C$
(12.42 $)
8.21 C$
(6.00 $)
     -51.7 %
Childcare
Vancouver Edit Panama City Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,370.87 C$
(1,001.50 $)
575.76 C$
(420.62 $)
     -58.0 %
International Primary School, Yearly for 1 Child 24,723.91 C$
(18,062.22 $)
12,789.85 C$
(9,343.71 $)
     -48.3 %
Clothing And Shoes
Vancouver Edit Panama City Edit
1 Pair of Jeans (Levis 501 Or Similar) 78.82 C$
(57.58 $)
73.23 C$
(53.50 $)
     -7.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 50.43 C$
(36.84 $)
56.58 C$
(41.33 $)
     +12.2 %
1 Pair of Nike Running Shoes (Mid-Range) 118.72 C$
(86.73 $)
102.50 C$
(74.88 $)
     -13.7 %
1 Pair of Men Leather Business Shoes 149.81 C$
(109.45 $)
124.11 C$
(90.67 $)
     -17.2 %
Rent Per Month
Vancouver Edit Panama City Edit
Apartment (1 bedroom) in City Centre 2,479.17 C$
(1,811.17 $)
1,233.18 C$
(900.91 $)
     -50.3 %
Apartment (1 bedroom) Outside of Centre 2,110.42 C$
(1,541.78 $)
705.59 C$
(515.48 $)
     -66.6 %
Apartment (3 bedrooms) in City Centre 4,517.55 C$
(3,300.33 $)
2,538.27 C$
(1,854.35 $)
     -43.8 %
Apartment (3 bedrooms) Outside of Centre 3,346.63 C$
(2,444.90 $)
1,372.24 C$
(1,002.50 $)
     -59.0 %
Buy Apartment Price
Vancouver Edit Panama City Edit
Price per Square Feet to Buy Apartment in City Centre 1,242.80 C$
(907.94 $)
300.11 C$
(219.25 $)
     -75.9 %
Price per Square Feet to Buy Apartment Outside of Centre 966.61 C$
(706.16 $)
173.30 C$
(126.61 $)
     -82.1 %
Salaries And Financing
Vancouver Edit Panama City Edit
Average Monthly Net Salary (After Tax) 4,643.97 C$
(3,392.69 $)
1,130.91 C$
(826.19 $)
     -75.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.12 5.99      +16.9 %
Last update: March 2023March 2023
Contributors in the past 12 months:51796