Cost of Living Comparison Between Panama City and Ottawa 
| Indices Difference |  |
|---|---|
| Cost of Living in Ottawa is 32.2% higher than in Panama City (excluding rent) | |
| Cost of Living Including Rent in Ottawa is 28.6% higher than in Panama City | |
| Rent Prices in Ottawa are 21.2% higher than in Panama City | |
| Restaurant Prices in Ottawa are 42.0% higher than in Panama City | |
| Groceries Prices in Ottawa are 31.3% higher than in Panama City | |
| Local Purchasing Power in Ottawa is 161.9% higher than in Panama City | |
Restaurants | Panama City Edit |
Ottawa Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10.00 $ (13.97 C$) |
17.89 $ (25.00 C$) |
+78.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
55.00 $ (76.84 C$) |
71.58 $ (100.00 C$) |
+30.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 $ (11.18 C$) |
10.74 $ (15.00 C$) |
+34.2 % |
| Domestic Beer (1 pint draught) |
3.00 $ (4.19 C$) |
5.73 $ (8.00 C$) |
+90.9 % |
| Imported Beer (12 oz small bottle) |
4.00 $ (5.59 C$) |
6.44 $ (9.00 C$) |
+61.1 % |
| Cappuccino (regular) |
3.50 $ (4.88 C$) |
3.86 $ (5.40 C$) |
+10.6 % |
| Coke/Pepsi (12 oz small bottle) |
1.63 $ (2.28 C$) |
2.03 $ (2.84 C$) |
+24.4 % |
| Water (12 oz small bottle) |
1.33 $ (1.86 C$) |
1.59 $ (2.22 C$) |
+18.9 % |
Markets | Panama City Edit |
Ottawa Edit | |
| Milk (regular), (1 gallon) |
6.99 $ (9.76 C$) |
8.59 $ (11.99 C$) |
+22.9 % |
| Loaf of Fresh White Bread (1 lb) |
2.36 $ (3.30 C$) |
2.45 $ (3.42 C$) |
+3.7 % |
| Rice (white), (1 lb) |
1.13 $ (1.58 C$) |
1.45 $ (2.02 C$) |
+28.2 % |
| Eggs (regular) (12) |
2.87 $ (4.01 C$) |
3.45 $ (4.83 C$) |
+20.3 % |
| Local Cheese (1 lb) |
5.49 $ (7.67 C$) |
5.24 $ (7.32 C$) |
-4.6 % |
| Chicken Fillets (1 lb) |
3.32 $ (4.64 C$) |
5.87 $ (8.20 C$) |
+76.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.58 $ (6.40 C$) |
6.98 $ (9.75 C$) |
+52.3 % |
| Apples (1 lb) |
1.64 $ (2.29 C$) |
1.89 $ (2.64 C$) |
+15.3 % |
| Banana (1 lb) |
0.67 $ (0.93 C$) |
0.61 $ (0.85 C$) |
-9.3 % |
| Oranges (1 lb) |
1.20 $ (1.68 C$) |
1.52 $ (2.12 C$) |
+26.2 % |
| Tomato (1 lb) |
1.40 $ (1.95 C$) |
1.63 $ (2.28 C$) |
+17.0 % |
| Potato (1 lb) |
0.99 $ (1.39 C$) |
1.12 $ (1.56 C$) |
+12.7 % |
| Onion (1 lb) |
1.22 $ (1.70 C$) |
1.37 $ (1.92 C$) |
+12.8 % |
| Lettuce (1 head) |
2.13 $ (2.97 C$) |
2.17 $ (3.04 C$) |
+2.1 % |
| Water (1.5 liter bottle) |
1.52 $ (2.12 C$) |
1.49 $ (2.08 C$) |
-1.7 % |
| Bottle of Wine (Mid-Range) |
10.00 $ (13.97 C$) |
13.06 $ (18.25 C$) |
+30.6 % |
| Domestic Beer (0.5 liter bottle) |
1.20 $ (1.68 C$) |
2.40 $ (3.35 C$) |
+99.2 % |
| Imported Beer (12 oz small bottle) |
2.25 $ (3.15 C$) |
3.09 $ (4.32 C$) |
+37.0 % |
| Cigarettes 20 Pack (Marlboro) |
6.00 $ (8.38 C$) |
13.60 $ (19.00 C$) |
+126.7 % |
Transportation | Panama City Edit |
Ottawa Edit | |
| One-way Ticket (Local Transport) |
0.42 $ (0.59 C$) |
2.86 $ (4.00 C$) |
+573.7 % |
| Monthly Pass (Regular Price) |
22.50 $ (31.43 C$) |
96.63 $ (135.00 C$) |
+329.5 % |
| Taxi Start (Normal Tariff) |
2.50 $ (3.49 C$) |
2.72 $ (3.80 C$) |
+8.8 % |
| Taxi 1 mile (Normal Tariff) |
3.91 $ (5.47 C$) |
2.42 $ (3.38 C$) |
-38.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 $ (30.74 C$) |
19.33 $ (27.00 C$) |
-12.2 % |
| Gasoline (1 gallon) |
3.45 $ (4.82 C$) |
4.19 $ (5.85 C$) |
+21.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
19,625.00 $ (27,417.11 C$) |
24,321.25 $ (33,978.00 C$) |
+23.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
21,133.33 $ (29,524.32 C$) |
21,363.23 $ (29,845.50 C$) |
+1.1 % |
Utilities (Monthly) | Panama City Edit |
Ottawa Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
124.40 $ (173.79 C$) |
156.66 $ (218.86 C$) |
+25.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
29.84 $ (41.69 C$) |
41.44 $ (57.89 C$) |
+38.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
50.06 $ (69.94 C$) |
50.04 $ (69.91 C$) |
-0.0 % |
Sports And Leisure | Panama City Edit |
Ottawa Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.27 $ (64.64 C$) |
44.71 $ (62.46 C$) |
-3.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
32.50 $ (45.40 C$) |
15.60 $ (21.79 C$) |
-52.0 % |
| Cinema, International Release, 1 Seat |
8.00 $ (11.18 C$) |
10.74 $ (15.00 C$) |
+34.2 % |
Childcare | Panama City Edit |
Ottawa Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
476.00 $ (665.00 C$) |
880.77 $ (1,230.48 C$) |
+85.0 % |
| International Primary School, Yearly for 1 Child |
13,733.33 $ (19,186.15 C$) |
15,673.68 $ (21,896.91 C$) |
+14.1 % |
Clothing And Shoes | Panama City Edit |
Ottawa Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
52.78 $ (73.73 C$) |
51.83 $ (72.41 C$) |
-1.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
46.11 $ (64.42 C$) |
38.06 $ (53.18 C$) |
-17.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
88.33 $ (123.41 C$) |
87.56 $ (122.32 C$) |
-0.9 % |
| 1 Pair of Men Leather Business Shoes |
111.25 $ (155.42 C$) |
91.82 $ (128.27 C$) |
-17.5 % |
Rent Per Month | Panama City Edit |
Ottawa Edit | |
| Apartment (1 bedroom) in City Centre |
1,123.68 $ (1,569.84 C$) |
1,446.57 $ (2,020.93 C$) |
+28.7 % |
| Apartment (1 bedroom) Outside of Centre |
876.67 $ (1,224.75 C$) |
1,255.03 $ (1,753.33 C$) |
+43.2 % |
| Apartment (3 bedrooms) in City Centre |
2,014.36 $ (2,814.17 C$) |
2,234.83 $ (3,122.17 C$) |
+10.9 % |
| Apartment (3 bedrooms) Outside of Centre |
1,575.00 $ (2,200.35 C$) |
1,839.26 $ (2,569.54 C$) |
+16.8 % |
Buy Apartment Price | Panama City Edit |
Ottawa Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
232.92 $ (325.40 C$) |
470.03 $ (656.66 C$) |
+101.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
151.30 $ (211.37 C$) |
307.56 $ (429.67 C$) |
+103.3 % |
Salaries And Financing | Panama City Edit |
Ottawa Edit | |
| Average Monthly Net Salary (After Tax) |
934.50 $ (1,305.54 C$) |
3,147.97 $ (4,397.87 C$) |
+236.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.23 | 5.52 | -11.4 % |
| Last update: | May 2025 | May 2025 | |
| Contributors in the past 12 months: | 64 | 187 |
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 |