Cost of Living Comparison Between Panama City and Vancouver 

Indices DifferenceInfo
Consumer Prices in Vancouver are 52.1% higher than in Panama City (without rent)
Consumer Prices Including Rent in Vancouver are 73.0% higher than in Panama City
Rent Prices in Vancouver are 119.4% higher than in Panama City
Restaurant Prices in Vancouver are 45.1% higher than in Panama City
Groceries Prices in Vancouver are 66.1% higher than in Panama City
Local Purchasing Power in Vancouver is 109.8% higher than in Panama City
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Panama City Edit Vancouver Edit Difference
Meal, Inexpensive Restaurant 11.75 $
(16.09 C$)
18.26 $
(25.00 C$)
     +55.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 $
(82.14 C$)
87.65 $
(120.00 C$)
     +46.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.25 $
(11.29 C$)
10.55 $
(14.45 C$)
     +27.9 %
Domestic Beer (1 pint draught) 3.00 $
(4.11 C$)
5.84 $
(8.00 C$)
     +94.8 %
Imported Beer (12 oz small bottle) 4.00 $
(5.48 C$)
6.57 $
(9.00 C$)
     +64.3 %
Cappuccino (regular) 3.72 $
(5.09 C$)
3.96 $
(5.43 C$)
     +6.6 %
Coke/Pepsi (12 oz small bottle) 1.81 $
(2.47 C$)
2.15 $
(2.94 C$)
     +18.8 %
Water (12 oz small bottle) 1.33 $
(1.83 C$)
1.92 $
(2.64 C$)
     +44.3 %
Markets
Panama City Edit Vancouver Edit
Milk (regular), (1 gallon) 6.58 $
(9.01 C$)
8.54 $
(11.69 C$)
     +29.8 %
Loaf of Fresh White Bread (1 lb) 2.21 $
(3.02 C$)
2.79 $
(3.81 C$)
     +26.2 %
Rice (white), (1 lb) 0.93 $
(1.27 C$)
2.04 $
(2.80 C$)
     +120.9 %
Eggs (regular) (12) 2.52 $
(3.44 C$)
4.34 $
(5.95 C$)
     +72.7 %
Local Cheese (1 lb) 4.93 $
(6.75 C$)
6.82 $
(9.33 C$)
     +38.2 %
Chicken Fillets (1 lb) 3.39 $
(4.64 C$)
6.96 $
(9.53 C$)
     +105.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.06 $
(5.56 C$)
8.15 $
(11.16 C$)
     +100.6 %
Apples (1 lb) 1.36 $
(1.87 C$)
2.13 $
(2.91 C$)
     +56.0 %
Banana (1 lb) 0.65 $
(0.88 C$)
0.60 $
(0.83 C$)
     -6.4 %
Oranges (1 lb) 1.30 $
(1.77 C$)
1.74 $
(2.39 C$)
     +34.7 %
Tomato (1 lb) 1.43 $
(1.96 C$)
2.18 $
(2.98 C$)
     +52.3 %
Potato (1 lb) 0.94 $
(1.29 C$)
1.50 $
(2.05 C$)
     +59.1 %
Onion (1 lb) 0.96 $
(1.31 C$)
1.29 $
(1.77 C$)
     +35.4 %
Lettuce (1 head) 2.18 $
(2.98 C$)
2.62 $
(3.59 C$)
     +20.4 %
Water (1.5 liter bottle) 1.44 $
(1.97 C$)
1.88 $
(2.58 C$)
     +30.4 %
Bottle of Wine (Mid-Range) 8.50 $
(11.64 C$)
14.61 $
(20.00 C$)
     +71.9 %
Domestic Beer (0.5 liter bottle) 1.23 $
(1.68 C$)
3.43 $
(4.70 C$)
     +179.3 %
Imported Beer (12 oz small bottle) 1.93 $
(2.64 C$)
3.44 $
(4.71 C$)
     +78.4 %
Cigarettes 20 Pack (Marlboro) 6.00 $
(8.21 C$)
15.03 $
(20.57 C$)
     +150.5 %
Transportation
Panama City Edit Vancouver Edit
One-way Ticket (Local Transport) 0.35 $
(0.48 C$)
2.30 $
(3.15 C$)
     +557.4 %
Monthly Pass (Regular Price) 25.00 $
(34.23 C$)
102.26 $
(140.00 C$)
     +309.0 %
Taxi Start (Normal Tariff) 2.25 $
(3.08 C$)
2.92 $
(4.00 C$)
     +29.9 %
Taxi 1 mile (Normal Tariff) 2.41 $
(3.30 C$)
2.80 $
(3.83 C$)
     +15.9 %
Taxi 1hour Waiting (Normal Tariff) 20.00 $
(27.38 C$)
26.73 $
(36.59 C$)
     +33.6 %
Gasoline (1 gallon) 3.71 $
(5.08 C$)
5.44 $
(7.45 C$)
     +46.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,250.00 $
(30,461.85 C$)
24,818.27 $
(33,978.00 C$)
     +11.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,494.44 $
(28,058.37 C$)
20,703.84 $
(28,345.04 C$)
     +1.0 %
Utilities (Monthly)
Panama City Edit Vancouver Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 113.79 $
(155.79 C$)
123.39 $
(168.94 C$)
     +8.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 29.33 $
(40.16 C$)
48.94 $
(67.00 C$)
     +66.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 51.09 $
(69.94 C$)
59.73 $
(81.78 C$)
     +16.9 %
Sports And Leisure
Panama City Edit Vancouver Edit
Fitness Club, Monthly Fee for 1 Adult 41.50 $
(56.82 C$)
45.58 $
(62.41 C$)
     +9.8 %
Tennis Court Rent (1 Hour on Weekend) 25.00 $
(34.23 C$)
14.68 $
(20.10 C$)
     -41.3 %
Cinema, International Release, 1 Seat 7.00 $
(9.58 C$)
13.15 $
(18.00 C$)
     +87.8 %
Childcare
Panama City Edit Vancouver Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 408.12 $
(558.75 C$)
1,080.26 $
(1,478.95 C$)
     +164.7 %
International Primary School, Yearly for 1 Child 9,675.75 $
(13,246.80 C$)
14,681.48 $
(20,100.00 C$)
     +51.7 %
Clothing And Shoes
Panama City Edit Vancouver Edit
1 Pair of Jeans (Levis 501 Or Similar) 53.94 $
(73.84 C$)
67.31 $
(92.16 C$)
     +24.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.79 $
(55.84 C$)
47.22 $
(64.65 C$)
     +15.8 %
1 Pair of Nike Running Shoes (Mid-Range) 82.58 $
(113.06 C$)
101.55 $
(139.03 C$)
     +23.0 %
1 Pair of Men Leather Business Shoes 92.86 $
(127.13 C$)
134.13 $
(183.64 C$)
     +44.5 %
Rent Per Month
Panama City Edit Vancouver Edit
Apartment (1 bedroom) in City Centre 938.33 $
(1,284.65 C$)
2,042.25 $
(2,795.98 C$)
     +117.6 %
Apartment (1 bedroom) Outside of Centre 614.47 $
(841.26 C$)
1,698.27 $
(2,325.06 C$)
     +176.4 %
Apartment (3 bedrooms) in City Centre 1,953.85 $
(2,674.96 C$)
3,715.83 $
(5,087.24 C$)
     +90.2 %
Apartment (3 bedrooms) Outside of Centre 1,183.33 $
(1,620.07 C$)
2,833.56 $
(3,879.34 C$)
     +139.5 %
Buy Apartment Price
Panama City Edit Vancouver Edit
Price per Square Feet to Buy Apartment in City Centre 228.61 $
(312.98 C$)
1,102.06 $
(1,508.81 C$)
     +382.1 %
Price per Square Feet to Buy Apartment Outside of Centre 135.37 $
(185.33 C$)
730.55 $
(1,000.17 C$)
     +439.7 %
Salaries And Financing
Panama City Edit Vancouver Edit
Average Monthly Net Salary (After Tax) 861.84 $
(1,179.92 C$)
3,127.37 $
(4,281.59 C$)
     +262.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.07 6.62      +9.1 %
Last update: April 2024April 2024
Contributors in the past 12 months:86547