Last update: Oct 2026

Cost of Living Comparison Between Abbotsford and Panama City

For one person, living is cheaper in Panama City: $1,855 a month against $2,247 in Abbotsford, rent and utilities included – about $4,700 less a year. Rent and utilities account for about half of the difference.

110

Cost of Living Index in Abbotsford
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Abbotsford Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Abbotsford

🇨🇦 Canada

$2,247

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

How much you'll spend in Abbotsford and in Panama City

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Abbotsford and in Panama City actually costs, broken down by who's living it.

A single person spends $2,247 per month in Abbotsford vs $1,855 in Panama City, rent included.

Abbotsford $2,247
Panama City $1,855

A couple spends around $3,269 per month in Abbotsford vs $2,804 in Panama City, rent included.

Abbotsford $3,269
Panama City $2,804

A family of three spends $4,290 per month in Abbotsford vs $3,753 in Panama City, rent included.

Abbotsford $4,290
Panama City $3,753

Abbotsford costs about 21% more than Panama City, and outside of rent the biggest gap is in groceries.

Both Abbotsford and Panama City sit above the global median – Abbotsford by 66%, Panama City by 37%.

Meal at Budget Restaurant

$14.54 CA$20.56

$11.63 PAB 11.63

25.02%

Three-Course Dinner for Two, Mid-Range

$49.43 CA$69.9

$47.92 PAB 47.92

3.15%

Fast Food Meal (McDonalds, etc)

$10.22 CA$14.46

$7.96 PAB 7.96

28.39%

Cappuccino

$3.71 CA$5.24

$4.22 PAB 4.22

-12.09%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.85 CA$2.61

$2.01 PAB 2.01

-7.96%

Water (0.33 liter bottle)

$1.56 CA$2.21

$1.56 PAB 1.56

Local Beer (0.5 liter draught)

$5.92 CA$8.37

$3.39 PAB 3.39

74.63%

Imported Beer (0.33 liter bottle)

$5.66 CA$7.99

$3.94 PAB 3.94

43.65%

Milk (1 liter)

$1.84 CA$2.61

$1.85 PAB 1.85

-0.54%

White Bread (500g)

$2.10 CA$2.97

$2.56 PAB 2.56

-17.97%

Rice (white) (1kg)

$4.42 CA$6.25

$3.48 PAB 3.48

27.01%

Eggs

$3.05 CA$4.32

$2.69 PAB 2.69

13.38%

Local Cheese (1kg)

$12.50 CA$17.66

$12.57 PAB 12.57

-0.56%

Chicken Fillets (1kg)

$18.01 CA$25.46

$6.83 PAB 6.83

163.69%

Beef Round Steak (1kg)

$30.26 CA$42.78

$10.58 PAB 10.58

186.01%

Apples (1kg)

$5.88 CA$8.31

$4.18 PAB 4.18

40.67%

Banana (1kg)

$1.43 CA$2.02

$1.83 PAB 1.83

-21.86%

Oranges (1kg)

$4.87 CA$6.89

$4.20 PAB 4.20

15.95%

Tomato (1kg)

$3.64 CA$5.15

$4.03 PAB 4.03

-9.68%

Potato (1kg)

$4.08 CA$5.76

$3.48 PAB 3.48

17.24%

Onion (1kg)

$2.47 CA$3.50

$4.22 PAB 4.22

-41.47%

Lettuce (1 head)

$2.60 CA$3.67

$2.41 PAB 2.41

7.88%

Water (1.5 liter bottle)

$1.87 CA$2.64

$1.69 PAB 1.69

10.65%

Cigarettes 20 Pack (Marlboro, Camel)

$14.92 CA$21.09

$6.14 PAB 6.14

143.00%

Wine (Bottle)

$10.36 CA$14.64

$11.30 PAB 11.30

-8.32%

Local Beer (0.5 liter bottle)

$4.08 CA$5.76

$1.42 PAB 1.42

187.32%

Imported Beer (0.33 liter bottle)

$3.70 CA$5.23

$2.73 PAB 2.73

35.53%

One-way Ticket (Public Transport)

$2.66 CA$3.75

$0.33 PAB 0.33

706.06%

Public Transport Monthly Pass (Regular Price)

$45.17 CA$63.9

$21.23 PAB 21.23

112.76%

Taxi Start (Normal Tariff)

$3.49 CA$4.93

$2.52 PAB 2.52

38.49%

Taxi (Normal Tariff) (1km)

$1.42 CA$2.01

$1.86 PAB 1.86

-23.66%

Taxi 1hour Waiting (Normal Tariff)

$24.25 CA$34.29

$21.78 PAB 21.78

11.34%

Gasoline (1 liter)

$1.34 CA$1.89

$1.25 PAB 1.25

7.20%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.4K CA$38.8K

$21.2K PAB 21.2K

29.13%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$18.6K CA$26.3K

$21.0K PAB 21.0K

-11.53%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$114 CA$161

$130 PAB 130

-12.33%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$42.52 CA$60.1

$28.13 PAB 28.13

51.16%

Internet (50+ Mbps, Unlimited Data)

$67.3 CA$95.1

$48.21 PAB 48.21

39.60%

Gym Membership (Monthly)

$29.49 CA$41.69

$45.78 PAB 45.78

-35.58%

Tennis Court (1 Hour on Weekend)

$15.48 CA$21.88

$34.92 PAB 34.92

-55.67%

Cinema Ticket

$11.11 CA$15.71

$8.67 PAB 8.67

28.14%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$365 CA$516

$544 PAB 544

-32.96%

International Primary School, 1 Child (Yearly)

$8,433 CA$11.9K

$9,697 PAB 9,697

-13.03%

Jeans (Levis 501 Or Similar)

$52.8 CA$74.6

$66.8 PAB 66.8

-20.97%

Summer Dress (H&M, Zara, etc)

$40.36 CA$57.1

$49.14 PAB 49.14

-17.87%

Sport Shoes (Adidas, Nike)

$80.0 CA$113

$93.9 PAB 93.9

-14.75%

Men's Leather Business Shoes

$96.5 CA$136

$112 PAB 112

-13.50%

1-bedroom Apartment, City Center (Monthly)

$1,276 CA$1,804

$1,257 PAB 1,257

1.52%

1-bedroom Apartment, Outside City Center (Monthly)

$1,077 CA$1,522

$875 PAB 875

23.04%

3-bedroom Apartment, City Center (Monthly)

$1,888 CA$2,669

$2,155 PAB 2,155

-12.40%

3-bedroom Apartment, Outside City Center (Monthly)

$1,685 CA$2,382

$1,564 PAB 1,564

7.76%

Buy Apartment in City Center (m2)

$4,602 CA$6,506

$3,122 PAB 3,122

47.40%

Buy Apartment Outside City Center (m2)

$2,767 CA$3,912

$1,709 PAB 1,709

61.89%

Average Monthly Net Salary (After Tax)

$3,082 CA$4,357

$916 PAB 916

236.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.72

6.39

-26.13%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Abbotsford: October 11, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Abbotsford

$1.1K 47.9%

Panama City

$875 47.2% 18.7% $202

Groceries & Markets

Abbotsford

$462 20.6%

Panama City

$325 17.5% 29.6% $137

Eating Out

Abbotsford

$246 11%

Panama City

$207 11.1% 16% $39

Monthly Utilities & Internet

Abbotsford

$224 10%

Panama City

$206 11.1% 7.8% $17

Clothing & Footwear

Abbotsford

$121 5.4%

Panama City

$145 7.8% 19.2% $23

Getting Around

Abbotsford

$66 3%

Panama City

$34 1.9% 48.2% $32

Sport & Entertainment

Abbotsford

$52 2.3%

Panama City

$63 3.4% 22% $11

Cost Breakdown

A central one-bedroom costs $1,276 in Abbotsford versus $1,257 in Panama City. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 236% higher in Abbotsford, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $49.00 in Abbotsford versus $48.00 in Panama City. Monthly groceries follow the same trend: $462 vs $325 – making Panama City the more affordable choice for daily food spending.

Good to know

🇨🇦 Abbotsford

🇵🇦 Panama City

🕒 Local time

12:10 12:10 PM

14:10 2:10 PM

2 h ahead of Abbotsford

🌤 Weather

👥 Population

141,397

1,086,990 Capital

💱 Currency

Canadian Dollar CAD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 PAB = 1 USD

1 PAB = 0.889 EUR

Exchange rates and currency converter

PAB, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Panamanian Balboa exchange rates as of October 17, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.889 EUR).

USD to CAD in detail →

On the map

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Between locations

Abbotsford Panama City 5,960 km ≈ 8 h nonstop flight

From you

Abbotsford
Panama City

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Abbotsford vs Panama City: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,247 in Abbotsford, $1,855 in Panama City – roughly 21% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $3,371 per month in Abbotsford and $2,783 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Panama City, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $49.00 in Abbotsford and $48.00 in Panama City. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,247 in Abbotsford and $1,855 in Panama City. That's a gap of about 21%.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,855, than in Abbotsford at $2,247. In Panama City it covers expenses comfortably, while in Abbotsford it requires careful planning or may not stretch far enough.

It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $1,855 in Panama City to $2,247 in Abbotsford. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Panama City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Abbotsford makes more sense. Both are solid long-term options with distinct trade-offs.