Cost of Living Comparison Between Vancouver and Panama City 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama City is 30.6% lower than in Vancouver (excluding rent) | |
| Cost of Living Including Rent in Panama City is 35.4% lower than in Vancouver | |
| Rent Prices in Panama City are 43.6% lower than in Vancouver | |
| Restaurant Prices in Panama City are 31.9% lower than in Vancouver | |
| Groceries Prices in Panama City are 32.1% lower than in Vancouver | |
| Local Purchasing Power in Panama City is 55.4% lower than in Vancouver | |
Restaurants | Vancouver Edit |
Panama City Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (18.20 $) |
13.74 C$ (10.00 $) |
-45.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 C$ (72.80 $) |
75.55 C$ (55.00 $) |
-24.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.92 $) |
10.99 C$ (8.00 $) |
-26.7 % |
| Domestic Beer (1 pint draught) |
9.00 C$ (6.55 $) |
4.12 C$ (3.00 $) |
-54.2 % |
| Imported Beer (12 oz small bottle) |
10.00 C$ (7.28 $) |
5.49 C$ (4.00 $) |
-45.1 % |
| Cappuccino (regular) |
5.60 C$ (4.08 $) |
4.80 C$ (3.50 $) |
-14.3 % |
| Coke/Pepsi (12 oz small bottle) |
2.98 C$ (2.17 $) |
2.24 C$ (1.63 $) |
-24.8 % |
| Water (12 oz small bottle) |
2.53 C$ (1.84 $) |
1.83 C$ (1.33 $) |
-27.5 % |
Markets | Vancouver Edit |
Panama City Edit | |
| Milk (regular), (1 gallon) |
10.49 C$ (7.64 $) |
9.60 C$ (6.99 $) |
-8.5 % |
| Loaf of Fresh White Bread (1 lb) |
3.78 C$ (2.76 $) |
3.25 C$ (2.36 $) |
-14.2 % |
| Rice (white), (1 lb) |
2.56 C$ (1.87 $) |
1.55 C$ (1.13 $) |
-39.5 % |
| Eggs (regular) (12) |
5.60 C$ (4.08 $) |
3.94 C$ (2.87 $) |
-29.5 % |
| Local Cheese (1 lb) |
7.72 C$ (5.62 $) |
7.54 C$ (5.49 $) |
-2.4 % |
| Chicken Fillets (1 lb) |
8.92 C$ (6.50 $) |
4.57 C$ (3.32 $) |
-48.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.94 C$ (7.24 $) |
6.29 C$ (4.58 $) |
-36.7 % |
| Apples (1 lb) |
2.69 C$ (1.96 $) |
2.25 C$ (1.64 $) |
-16.4 % |
| Banana (1 lb) |
0.88 C$ (0.64 $) |
0.92 C$ (0.67 $) |
+4.2 % |
| Oranges (1 lb) |
2.49 C$ (1.82 $) |
1.66 C$ (1.20 $) |
-33.7 % |
| Tomato (1 lb) |
3.10 C$ (2.26 $) |
1.92 C$ (1.40 $) |
-38.0 % |
| Potato (1 lb) |
1.84 C$ (1.34 $) |
1.36 C$ (0.99 $) |
-25.9 % |
| Onion (1 lb) |
1.85 C$ (1.35 $) |
1.67 C$ (1.22 $) |
-9.5 % |
| Lettuce (1 head) |
3.54 C$ (2.58 $) |
2.92 C$ (2.13 $) |
-17.5 % |
| Water (1.5 liter bottle) |
2.47 C$ (1.79 $) |
2.08 C$ (1.52 $) |
-15.6 % |
| Bottle of Wine (Mid-Range) |
22.00 C$ (16.02 $) |
13.74 C$ (10.00 $) |
-37.6 % |
| Domestic Beer (0.5 liter bottle) |
4.30 C$ (3.13 $) |
1.65 C$ (1.20 $) |
-61.5 % |
| Imported Beer (12 oz small bottle) |
5.15 C$ (3.75 $) |
3.10 C$ (2.25 $) |
-39.9 % |
| Cigarettes 20 Pack (Marlboro) |
21.00 C$ (15.29 $) |
8.24 C$ (6.00 $) |
-60.8 % |
Transportation | Vancouver Edit |
Panama City Edit | |
| One-way Ticket (Local Transport) |
3.20 C$ (2.33 $) |
0.58 C$ (0.42 $) |
-81.8 % |
| Monthly Pass (Regular Price) |
109.00 C$ (79.35 $) |
30.91 C$ (22.50 $) |
-71.6 % |
| Taxi Start (Normal Tariff) |
5.00 C$ (3.64 $) |
3.43 C$ (2.50 $) |
-31.3 % |
| Taxi 1 mile (Normal Tariff) |
3.39 C$ (2.47 $) |
5.38 C$ (3.91 $) |
+58.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
37.91 C$ (27.60 $) |
30.22 C$ (22.00 $) |
-20.3 % |
| Gasoline (1 gallon) |
6.83 C$ (4.98 $) |
4.74 C$ (3.45 $) |
-30.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34,395.00 C$ (25,039.13 $) |
26,957.88 C$ (19,625.00 $) |
-21.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,165.58 C$ (20,504.19 $) |
29,029.80 C$ (21,133.33 $) |
+3.1 % |
Utilities (Monthly) | Vancouver Edit |
Panama City Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
123.15 C$ (89.65 $) |
170.88 C$ (124.40 $) |
+38.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
55.57 C$ (40.46 $) |
40.99 C$ (29.84 $) |
-26.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
79.86 C$ (58.14 $) |
68.77 C$ (50.06 $) |
-13.9 % |
Sports And Leisure | Vancouver Edit |
Panama City Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
57.10 C$ (41.57 $) |
63.55 C$ (46.27 $) |
+11.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
20.07 C$ (14.61 $) |
44.64 C$ (32.50 $) |
+122.4 % |
| Cinema, International Release, 1 Seat |
16.00 C$ (11.65 $) |
10.99 C$ (8.00 $) |
-31.3 % |
Childcare | Vancouver Edit |
Panama City Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,590.20 C$ (1,157.64 $) |
653.86 C$ (476.00 $) |
-58.9 % |
| International Primary School, Yearly for 1 Child |
25,000.00 C$ (18,199.69 $) |
18,864.79 C$ (13,733.33 $) |
-24.5 % |
Clothing And Shoes | Vancouver Edit |
Panama City Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
88.62 C$ (64.51 $) |
72.50 C$ (52.78 $) |
-18.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
54.14 C$ (39.42 $) |
63.34 C$ (46.11 $) |
+17.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
130.38 C$ (94.91 $) |
121.34 C$ (88.33 $) |
-6.9 % |
| 1 Pair of Men Leather Business Shoes |
169.10 C$ (123.11 $) |
152.82 C$ (111.25 $) |
-9.6 % |
Rent Per Month | Vancouver Edit |
Panama City Edit | |
| Apartment (1 bedroom) in City Centre |
2,764.43 C$ (2,012.47 $) |
1,543.55 C$ (1,123.68 $) |
-44.2 % |
| Apartment (1 bedroom) Outside of Centre |
2,266.22 C$ (1,649.78 $) |
1,204.23 C$ (876.67 $) |
-46.9 % |
| Apartment (3 bedrooms) in City Centre |
4,903.45 C$ (3,569.65 $) |
2,767.03 C$ (2,014.36 $) |
-43.6 % |
| Apartment (3 bedrooms) Outside of Centre |
3,830.00 C$ (2,788.19 $) |
2,249.35 C$ (1,637.50 $) |
-41.3 % |
Buy Apartment Price | Vancouver Edit |
Panama City Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,298.90 C$ (945.58 $) |
319.95 C$ (232.92 $) |
-75.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
922.68 C$ (671.70 $) |
207.83 C$ (151.30 $) |
-77.5 % |
Salaries And Financing | Vancouver Edit |
Panama City Edit | |
| Average Monthly Net Salary (After Tax) |
4,457.00 C$ (3,244.64 $) |
1,283.68 C$ (934.50 $) |
-71.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.61 | 6.23 | +11.0 % |
| Last update: | 23 May 2025 | 21 May 2025 | |
| Contributors in the past 12 months: | 366 | 65 |
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