Cost of Living Comparison Between Vancouver and Panama City 

Indices DifferenceInfo
Consumer Prices in Panama City are 31.01% lower than in Vancouver (without rent)
Consumer Prices Including Rent in Panama City are 39.34% lower than in Vancouver
Rent Prices in Panama City are 52.07% lower than in Vancouver
Restaurant Prices in Panama City are 42.32% lower than in Vancouver
Groceries Prices in Panama City are 32.64% lower than in Vancouver
Local Purchasing Power in Panama City is 62.87% 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 $)
10.95 C$
(8.00 $)
     -56.18 %
Meal for 2 People, Mid-range Restaurant, Three-course 112.50 C$
(82.16 $)
68.46 C$
(50.00 $)
     -39.14 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 C$
(8.76 $)
9.24 C$
(6.75 $)
     -22.98 %
Domestic Beer (1 pint draught) 7.00 C$
(5.11 $)
3.42 C$
(2.50 $)
     -51.10 %
Imported Beer (12 oz small bottle) 9.00 C$
(6.57 $)
5.48 C$
(4.00 $)
     -39.14 %
Cappuccino (regular) 4.96 C$
(3.62 $)
4.40 C$
(3.21 $)
     -11.25 %
Coke/Pepsi (12 oz small bottle) 2.63 C$
(1.92 $)
2.32 C$
(1.69 $)
     -12.05 %
Water (12 oz small bottle) 2.41 C$
(1.76 $)
1.83 C$
(1.34 $)
     -24.24 %
Markets
Vancouver Edit Panama City Edit
Milk (regular), (1 gallon) 11.97 C$
(8.74 $)
8.13 C$
(5.94 $)
     -32.08 %
Loaf of Fresh White Bread (1 lb) 3.01 C$
(2.20 $)
2.58 C$
(1.88 $)
     -14.28 %
Rice (white), (1 lb) 2.06 C$
(1.51 $)
1.20 C$
(0.88 $)
     -41.88 %
Eggs (regular) (12) 4.66 C$
(3.40 $)
2.89 C$
(2.11 $)
     -38.01 %
Local Cheese (1 lb) 7.62 C$
(5.57 $)
4.54 C$
(3.32 $)
     -40.42 %
Chicken Fillets (1 lb) 7.19 C$
(5.25 $)
4.40 C$
(3.21 $)
     -38.76 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.88 C$
(6.49 $)
5.04 C$
(3.68 $)
     -43.27 %
Apples (1 lb) 1.87 C$
(1.37 $)
1.77 C$
(1.29 $)
     -5.64 %
Banana (1 lb) 0.87 C$
(0.64 $)
0.81 C$
(0.59 $)
     -6.95 %
Oranges (1 lb) 2.05 C$
(1.50 $)
1.61 C$
(1.18 $)
     -21.39 %
Tomato (1 lb) 2.09 C$
(1.52 $)
1.98 C$
(1.45 $)
     -5.03 %
Potato (1 lb) 1.53 C$
(1.12 $)
1.18 C$
(0.86 $)
     -23.33 %
Onion (1 lb) 1.14 C$
(0.83 $)
1.20 C$
(0.87 $)
     +5.41 %
Lettuce (1 head) 3.05 C$
(2.23 $)
3.10 C$
(2.26 $)
     +1.68 %
Water (1.5 liter bottle) 2.62 C$
(1.91 $)
1.94 C$
(1.42 $)
     -25.97 %
Bottle of Wine (Mid-Range) 20.00 C$
(14.61 $)
13.69 C$
(10.00 $)
     -31.54 %
Domestic Beer (0.5 liter bottle) 3.39 C$
(2.48 $)
1.65 C$
(1.21 $)
     -51.26 %
Imported Beer (12 oz small bottle) 4.02 C$
(2.94 $)
2.31 C$
(1.69 $)
     -42.53 %
Cigarettes 20 Pack (Marlboro) 18.99 C$
(13.87 $)
7.91 C$
(5.78 $)
     -58.37 %
Transportation
Vancouver Edit Panama City Edit
One-way Ticket (Local Transport) 3.05 C$
(2.23 $)
0.48 C$
(0.35 $)
     -84.29 %
Monthly Pass (Regular Price) 125.00 C$
(91.29 $)
34.23 C$
(25.00 $)
     -72.61 %
Taxi Start (Normal Tariff) 3.75 C$
(2.74 $)
3.42 C$
(2.50 $)
     -8.71 %
Taxi 1 mile (Normal Tariff) 3.11 C$
(2.27 $)
3.31 C$
(2.41 $)
     +6.42 %
Taxi 1hour Waiting (Normal Tariff) 36.50 C$
(26.66 $)
27.39 C$
(20.00 $)
     -24.97 %
Gasoline (1 gallon) 8.01 C$
(5.85 $)
5.52 C$
(4.03 $)
     -31.13 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 C$
(21,909.40 $)
33,889.56 C$
(24,750.00 $)
     +12.97 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,281.25 C$
(19,193.55 $)
28,214.67 C$
(20,605.56 $)
     +7.36 %
Utilities (Monthly)
Vancouver Edit Panama City Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 115.44 C$
(84.31 $)
142.50 C$
(104.07 $)
     +23.44 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.35 C$
(0.26 $)
0.22 C$
(0.16 $)
     -36.97 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 84.26 C$
(61.54 $)
63.57 C$
(46.42 $)
     -24.56 %
Sports And Leisure
Vancouver Edit Panama City Edit
Fitness Club, Monthly Fee for 1 Adult 64.27 C$
(46.94 $)
54.88 C$
(40.08 $)
     -14.62 %
Tennis Court Rent (1 Hour on Weekend) 16.27 C$
(11.88 $)
33.09 C$
(24.17 $)
     +103.43 %
Cinema, International Release, 1 Seat 16.99 C$
(12.41 $)
8.22 C$
(6.00 $)
     -51.66 %
Childcare
Vancouver Edit Panama City Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,372.63 C$
(1,002.45 $)
491.42 C$
(358.89 $)
     -64.20 %
International Primary School, Yearly for 1 Child 25,640.43 C$
(18,725.56 $)
17,096.38 C$
(12,485.71 $)
     -33.32 %
Clothing And Shoes
Vancouver Edit Panama City Edit
1 Pair of Jeans (Levis 501 Or Similar) 79.74 C$
(58.23 $)
70.91 C$
(51.79 $)
     -11.07 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 49.76 C$
(36.34 $)
58.88 C$
(43.00 $)
     +18.33 %
1 Pair of Nike Running Shoes (Mid-Range) 117.76 C$
(86.01 $)
103.04 C$
(75.25 $)
     -12.51 %
1 Pair of Men Leather Business Shoes 156.15 C$
(114.04 $)
123.23 C$
(90.00 $)
     -21.08 %
Rent Per Month
Vancouver Edit Panama City Edit
Apartment (1 bedroom) in City Centre 2,361.00 C$
(1,724.27 $)
1,258.12 C$
(918.82 $)
     -46.71 %
Apartment (1 bedroom) Outside of Centre 1,994.59 C$
(1,456.68 $)
708.17 C$
(517.19 $)
     -64.50 %
Apartment (3 bedrooms) in City Centre 4,507.69 C$
(3,292.03 $)
2,400.26 C$
(1,752.94 $)
     -46.75 %
Apartment (3 bedrooms) Outside of Centre 3,125.49 C$
(2,282.59 $)
1,377.33 C$
(1,005.88 $)
     -55.93 %
Buy Apartment Price
Vancouver Edit Panama City Edit
Price per Square Feet to Buy Apartment in City Centre 1,276.54 C$
(932.27 $)
282.84 C$
(206.56 $)
     -77.84 %
Price per Square Feet to Buy Apartment Outside of Centre 974.07 C$
(711.38 $)
178.54 C$
(130.39 $)
     -81.67 %
Salaries And Financing
Vancouver Edit Panama City Edit
Average Monthly Net Salary (After Tax) 4,950.71 C$
(3,615.57 $)
1,115.10 C$
(814.38 $)
     -77.48 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.98 5.83      +46.46 %
Last update: September 2022September 2022
Contributors in the past 12 months:584106