Cost of Living Comparison Between Panama City and Ottawa 
| Indices Difference |  |
|---|---|
| Cost of Living in Ottawa is 32.4% higher than in Panama City (excluding rent) | |
| Cost of Living Including Rent in Ottawa is 25.1% higher than in Panama City | |
| Rent Prices in Ottawa are 11.3% higher than in Panama City | |
| Restaurant Prices in Ottawa are 47.4% higher than in Panama City | |
| Groceries Prices in Ottawa are 28.4% higher than in Panama City | |
| Local Purchasing Power in Ottawa is 227.7% higher than in Panama City | |
Restaurants | Panama City Edit |
Ottawa Edit | Difference |
|---|---|---|---|
| Meal at an Inexpensive Restaurant |
10.00 $ (13.78 C$) |
18.15 $ (25.00 C$) |
+81.5 % |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) |
50.00 $ (68.89 C$) |
68.95 $ (95.00 C$) |
+37.9 % |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) |
7.00 $ (9.64 C$) |
10.89 $ (15.00 C$) |
+55.5 % |
| Domestic Draft Beer (1 Pint) |
3.00 $ (4.13 C$) |
5.63 $ (7.75 C$) |
+87.5 % |
| Imported Beer (12 oz Small Bottle) |
4.00 $ (5.51 C$) |
6.71 $ (9.25 C$) |
+67.8 % |
| Cappuccino (Regular Size) |
3.75 $ (5.16 C$) |
4.08 $ (5.62 C$) |
+8.9 % |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) |
1.82 $ (2.51 C$) |
2.01 $ (2.76 C$) |
+10.2 % |
| Bottled Water (12 oz) |
1.44 $ (1.99 C$) |
1.67 $ (2.30 C$) |
+15.4 % |
Markets | Panama City Edit |
Ottawa Edit | |
| Milk (Regular, 1 Liter) |
1.88 $ (2.59 C$) |
2.24 $ (3.08 C$) |
+19.1 % |
| Fresh White Bread (1 lb Loaf) |
2.35 $ (3.24 C$) |
2.64 $ (3.64 C$) |
+12.5 % |
| White Rice (1 lb) |
1.17 $ (1.61 C$) |
1.49 $ (2.05 C$) |
+27.6 % |
| Eggs (12, Large Size) |
2.97 $ (4.09 C$) |
3.37 $ (4.65 C$) |
+13.5 % |
| Local Cheese (1 lb) |
5.02 $ (6.92 C$) |
4.11 $ (5.66 C$) |
-18.1 % |
| Chicken Fillets (1 lb) |
2.93 $ (4.04 C$) |
5.66 $ (7.80 C$) |
+93.1 % |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) |
4.76 $ (6.56 C$) |
7.41 $ (10.21 C$) |
+55.7 % |
| Apples (1 lb) |
1.62 $ (2.23 C$) |
1.99 $ (2.74 C$) |
+22.9 % |
| Bananas (1 lb) |
0.69 $ (0.95 C$) |
0.64 $ (0.88 C$) |
-7.8 % |
| Oranges (1 lb) |
1.67 $ (2.30 C$) |
1.86 $ (2.56 C$) |
+11.1 % |
| Tomatoes (1 lb) |
1.54 $ (2.12 C$) |
1.72 $ (2.37 C$) |
+11.9 % |
| Potatoes (1 lb) |
1.06 $ (1.46 C$) |
1.06 $ (1.46 C$) |
+0.4 % |
| Onions (1 lb) |
1.74 $ (2.40 C$) |
1.41 $ (1.94 C$) |
-19.4 % |
| Lettuce (1 Head) |
2.21 $ (3.04 C$) |
2.66 $ (3.66 C$) |
+20.4 % |
| Bottled Water (50 oz) |
1.83 $ (2.53 C$) |
1.51 $ (2.08 C$) |
-17.7 % |
| Bottle of Wine (Mid-Range) |
11.00 $ (15.15 C$) |
10.89 $ (15.00 C$) |
-1.0 % |
| Domestic Beer (16.9 oz Bottle) |
1.29 $ (1.78 C$) |
2.65 $ (3.64 C$) |
+104.8 % |
| Imported Beer (12 oz Small Bottle) |
2.53 $ (3.49 C$) |
3.36 $ (4.63 C$) |
+32.6 % |
| Cigarettes (Pack of 20, Marlboro) |
6.00 $ (8.27 C$) |
14.52 $ (20.00 C$) |
+141.9 % |
Transportation | Panama City Edit |
Ottawa Edit | |
| One-Way Ticket (Local Transport) |
0.35 $ (0.48 C$) |
2.92 $ (4.03 C$) |
+734.7 % |
| Monthly Public Transport Pass (Regular Price) |
21.00 $ (28.93 C$) |
97.99 $ (135.00 C$) |
+366.6 % |
| Taxi Start (Standard Tariff) |
2.50 $ (3.44 C$) |
2.76 $ (3.80 C$) |
+10.3 % |
| Taxi 1 mile (Standard Tariff) |
2.96 $ (4.07 C$) |
2.45 $ (3.38 C$) |
-17.0 % |
| Taxi 1 Hour Waiting (Standard Tariff) |
22.00 $ (30.31 C$) |
19.60 $ (27.00 C$) |
-10.9 % |
| Gasoline (1 Liter) |
0.91 $ (1.26 C$) |
0.96 $ (1.32 C$) |
+4.6 % |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) |
21,262.00 $ (29,293.15 C$) |
28,728.56 $ (39,580.00 C$) |
+35.1 % |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) |
20,527.78 $ (28,281.59 C$) |
22,055.59 $ (30,386.50 C$) |
+7.4 % |
Utilities (Monthly) | Panama City Edit |
Ottawa Edit | |
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) |
128.63 $ (177.21 C$) |
154.16 $ (212.39 C$) |
+19.8 % |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) |
30.24 $ (41.66 C$) |
37.33 $ (51.43 C$) |
+23.5 % |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) |
47.98 $ (66.10 C$) |
48.20 $ (66.40 C$) |
+0.5 % |
Sports And Leisure | Panama City Edit |
Ottawa Edit | |
| Monthly Fitness Club Membership |
43.24 $ (59.58 C$) |
49.11 $ (67.67 C$) |
+13.6 % |
| Tennis Court Rental (1 Hour, Weekend) |
40.47 $ (55.75 C$) |
28.24 $ (38.91 C$) |
-30.2 % |
| Cinema Ticket (International Release) |
8.00 $ (11.02 C$) |
11.07 $ (15.25 C$) |
+38.4 % |
Childcare | Panama City Edit |
Ottawa Edit | |
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child |
500.00 $ (688.86 C$) |
830.68 $ (1,144.44 C$) |
+66.1 % |
| International Primary School, Annual Tuition per Child |
11,716.92 $ (16,142.67 C$) |
17,541.02 $ (24,166.67 C$) |
+49.7 % |
Clothing And Shoes | Panama City Edit |
Ottawa Edit | |
| Jeans (Levi's 501 or Similar) |
57.00 $ (78.53 C$) |
53.95 $ (74.33 C$) |
-5.3 % |
| Summer Dress in a Chain Store (e.g. Zara or H&M) |
44.00 $ (60.62 C$) |
33.96 $ (46.79 C$) |
-22.8 % |
| Nike Running Shoes (Mid-Range) |
88.33 $ (121.70 C$) |
88.83 $ (122.38 C$) |
+0.6 % |
| Men's Leather Business Shoes |
110.00 $ (151.55 C$) |
91.05 $ (125.44 C$) |
-17.2 % |
Rent Per Month | Panama City Edit |
Ottawa Edit | |
| 1 Bedroom Apartment in City Centre |
1,344.71 $ (1,852.63 C$) |
1,494.86 $ (2,059.50 C$) |
+11.2 % |
| 1 Bedroom Apartment Outside of City Centre |
1,047.57 $ (1,443.26 C$) |
1,241.18 $ (1,710.00 C$) |
+18.5 % |
| 3 Bedroom Apartment in City Centre |
2,211.57 $ (3,046.92 C$) |
2,307.47 $ (3,179.05 C$) |
+4.3 % |
| 3 Bedroom Apartment Outside of City Centre |
1,665.29 $ (2,294.31 C$) |
1,932.63 $ (2,662.63 C$) |
+16.1 % |
Buy Apartment Price | Panama City Edit |
Ottawa Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
290.63 $ (400.41 C$) |
401.39 $ (553.01 C$) |
+38.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
160.76 $ (221.48 C$) |
387.71 $ (534.15 C$) |
+141.2 % |
Salaries And Financing | Panama City Edit |
Ottawa Edit | |
| Average Monthly Net Salary (After Tax) |
964.76 $ (1,329.17 C$) |
3,957.02 $ (5,451.67 C$) |
+310.2 % |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.33 | 4.29 | -32.3 % |
| Last update: | 17 April 2026 | 28 March 2026 | |
| Contributors in the past 12 months: | 51 | 138 | |
Moving to Ottawa? Explore:
Cities near Panama City: | Cost of Living in San Miguelito | 8.11 miles |
| Cost of Living in Tocumen | 15.44 miles |
| Cost of Living in Pacora | 19.85 miles |
| Cost of Living in El Coco | 33.93 miles |
| Cost of Living in Aguadulce | 127.78 miles |
| Cost of Living in Santiago | 161.98 miles |
Cities near Ottawa: | Cost of Living in Gatineau | 8.67 miles |
| Cost of Living in Sainte-Martine | 118.23 miles |
| Cost of Living in Laval | 119.87 miles |
| Cost of Living in Montreal | 120.61 miles |
| Cost of Living in Kingston | 120.69 miles |
| Cost of Living in Longueuil | 128.91 miles |
| Cost of Living in Belleville | 164.78 miles |
| Cost of Living in Peterborough | 167.80 miles |
| Cost of Living in Sherbrooke | 212.47 miles |
| Cost of Living in North Bay | 221.58 miles |