Last update: Nov 2026

Cost of Living Comparison Between Aurora, CO and Panama City

For one person, living is cheaper in Panama City: $1,972 a month against $2,625 in Aurora, CO, rent and utilities included – about $7,800 less a year. Other living expenses account for most of the difference.

125

Cost of Living Index in Aurora, CO
Learn more

Aurora, CO Living Index
95

Cost of Living Index in Panama City
Learn more

Panama City Living Index

Jump to prices

Aurora, CO

🇺🇸 United States

$2,625

/mo nomad

Panama City

🇵🇦 Panama

$1,972

/mo nomad

Monthly Cost of Living

How much you'll spend in Aurora, CO 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 Aurora, CO and in Panama City actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,625 in Aurora, CO versus $1,972 in Panama City.

Aurora, CO $2,625
Panama City $1,972

Estimated couple costs with rent: $4,299 in Aurora, CO versus $2,930 in Panama City.

Aurora, CO $4,299
Panama City $2,930

Monthly costs for a family of three with rent: $5,974 in Aurora, CO versus $3,888 in Panama City.

Aurora, CO $5,974
Panama City $3,888

Living in Aurora, CO is roughly 33% more expensive than in Panama City, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Aurora, CO 94% above, Panama City 46% above.

Meal at Budget Restaurant

$30.09 $30.09

$11.37 PAB 11.37

164.64%

Three-Course Dinner for Two, Mid-Range

$66.9 $66.9

$46.69 PAB 46.69

43.31%

Fast Food Meal (McDonalds, etc)

$12.88 $12.88

$7.98 PAB 7.98

61.40%

Cappuccino

$6.04 $6.04

$4.12 PAB 4.12

46.60%

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

$2.73 $2.73

$2.01 PAB 2.01

35.82%

Water (0.33 liter bottle)

$2.13 $2.13

$1.57 PAB 1.57

35.67%

Local Beer (0.5 liter draught)

$4.94 $4.94

$3.28 PAB 3.28

50.61%

Imported Beer (0.33 liter bottle)

$6.06 $6.06

$3.88 PAB 3.88

56.19%

Milk (1 liter)

$1.29 $1.29

$1.82 PAB 1.82

-29.12%

White Bread (500g)

$3.10 $3.10

$2.61 PAB 2.61

18.77%

Rice (white) (1kg)

$2.94 $2.94

$3.45 PAB 3.45

-14.78%

Eggs

$4.47 $4.47

$2.68 PAB 2.68

66.79%

Local Cheese (1kg)

$11.87 $11.87

$12.42 PAB 12.42

-4.43%

Chicken Fillets (1kg)

$9.81 $9.81

$6.73 PAB 6.73

45.77%

Beef Round Steak (1kg)

$14.08 $14.08

$10.44 PAB 10.44

34.87%

Apples (1kg)

$4.50 $4.50

$4.21 PAB 4.21

6.89%

Banana (1kg)

$1.51 $1.51

$1.95 PAB 1.95

-22.56%

Oranges (1kg)

$3.01 $3.01

$4.07 PAB 4.07

-26.04%

Tomato (1kg)

$4.52 $4.52

$4.02 PAB 4.02

12.44%

Potato (1kg)

$5.61 $5.61

$3.46 PAB 3.46

62.14%

Onion (1kg)

$4.08 $4.08

$4.42 PAB 4.42

-7.69%

Lettuce (1 head)

$1.95 $1.95

$2.43 PAB 2.43

-19.75%

Water (1.5 liter bottle)

$3.95 $3.95

$1.72 PAB 1.72

129.65%

Cigarettes 20 Pack (Marlboro, Camel)

$10.19 $10.19

$6.04 PAB 6.04

68.71%

Wine (Bottle)

$11.68 PAB 11.68

Local Beer (0.5 liter bottle)

$1.77 $1.77

$1.41 PAB 1.41

25.53%

Imported Beer (0.33 liter bottle)

$2.74 PAB 2.74

One-way Ticket (Public Transport)

$3.04 $3.04

$0.33 PAB 0.33

821.21%

Public Transport Monthly Pass (Regular Price)

$133 $133

$20.65 PAB 20.65

545.38%

Taxi Start (Normal Tariff)

$3.53 $3.53

$2.45 PAB 2.45

44.08%

Taxi (Normal Tariff) (1km)

$1.71 $1.71

$1.76 PAB 1.76

-2.84%

Taxi 1hour Waiting (Normal Tariff)

$30.28 $30.28

$21.86 PAB 21.86

38.52%

Gasoline (1 liter)

$1.01 $1.01

$1.20 PAB 1.20

-15.83%

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

$28.4K $28.4K

$24.6K PAB 24.6K

15.71%

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

$27.3K $27.3K

$20.9K PAB 20.9K

30.90%

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

$156 $156

$132 PAB 132

18.68%

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

$82.3 $82.3

$27.89 PAB 27.89

195.12%

Internet (50+ Mbps, Unlimited Data)

$51.2 $51.2

$49.10 PAB 49.10

4.18%

Gym Membership (Monthly)

$15.26 $15.26

$44.53 PAB 44.53

-65.73%

Tennis Court (1 Hour on Weekend)

$9.91 $9.91

$34.01 PAB 34.01

-70.86%

Cinema Ticket

$18.60 $18.60

$8.70 PAB 8.70

113.79%

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

$1,133 $1,133

$537 PAB 537

111.06%

International Primary School, 1 Child (Yearly)

$9,215 $9,215

$20.5K PAB 20.5K

-55.09%

Jeans (Levis 501 Or Similar)

$57.3 $57.3

$65.8 PAB 65.8

-12.98%

Summer Dress (H&M, Zara, etc)

$50.8 $50.8

$48.45 PAB 48.45

4.79%

Sport Shoes (Adidas, Nike)

$105 $105

$95.4 PAB 95.4

9.99%

Men's Leather Business Shoes

$114 $114

$114 PAB 114

0.11%

1-bedroom Apartment, City Center (Monthly)

$1,865 $1,865

$1,405 PAB 1,405

32.75%

1-bedroom Apartment, Outside City Center (Monthly)

$1,215 $1,215

$994 PAB 994

22.18%

3-bedroom Apartment, City Center (Monthly)

$3,415 $3,415

$2,221 PAB 2,221

53.74%

3-bedroom Apartment, Outside City Center (Monthly)

$2,826 $2,826

$1,714 PAB 1,714

64.93%

Buy Apartment in City Center (m2)

$3,147 $3,147

$3,139 PAB 3,139

0.27%

Buy Apartment Outside City Center (m2)

$2,704 $2,704

$1,724 PAB 1,724

56.88%

Average Monthly Net Salary (After Tax)

$4,265 $4,265

$936 PAB 936

355.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.26

6.39

-2.03%

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

Last update for Aurora, CO: November 3, 2026

Last update for Panama City: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Aurora, CO

$1.2K 46.3%

Panama City

$994 50.4% 18.2% $221

Eating Out

Aurora, CO

$408 15.6%

Panama City

$203 10.3% 50.3% $205

Groceries & Markets

Aurora, CO

$356 * 13.6%

Panama City

$326 16.5% 8.5% $30

Monthly Utilities & Internet

Aurora, CO

$290 11%

Panama City

$209 10.6% 28% $81

Getting Around

Aurora, CO

$158 6%

Panama City

$33 1.7% 78.9% $124

Clothing & Footwear

Aurora, CO

$147 5.6%

Panama City

$145 7.4% 1% $1.5

Sport & Entertainment

Aurora, CO

$52 2%

Panama City

$62 3.1% 18.1% $9.5

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,865 in Aurora, CO and $1,405 in Panama City. Housing cost is often the main lever when comparing two cities.

Aurora, CO pays about 4.6 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $67 in Aurora, CO vs $47 in Panama City for a mid-range dinner for two. Groceries echo the gap at $356 vs $326 per month, with Panama City cheaper across the board.

Good to know

🇺🇸 Aurora, CO

🇵🇦 Panama City

🕒 Local time

13:17 1:17 PM

15:17 3:17 PM

2 h ahead of Aurora, CO

🌤 Weather

👥 Population

180,542

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.895 EUR

1 PAB = 1 USD

1 PAB = 0.895 EUR

Exchange rates and currency converter

PAB, EUR to USD – United States Dollar Converter

🇵🇦 Panamanian Balboa (B/.)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

Panamanian Balboa exchange rates as of November 6, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.895 EUR).

PAB to USD in detail →

On the map

Lowest

Highest

Between locations

Aurora, CO Panama City 4,240 km ≈ 6 h nonstop flight

From you

Aurora, CO
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

Aurora, CO vs Panama City: Cost of Living - Frequently Asked Questions

Panama City wins on cost – living expenses run 25% lower than in Aurora, CO. Housing and daily spending are where you’ll feel the difference most, making Panama City the obvious pick if budget is a priority.

Average pay in Aurora, CO is about 4.6 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,865 in Aurora, CO versus $1,405 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 9% higher in Aurora, CO. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Panama City – a meal for two runs $47 versus $67 in Aurora, CO. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,972 in Panama City versus $2,625 in Aurora, CO, a $2,500 budget is realistic in Panama City but tight or insufficient in Aurora, CO. The gap between the two cities makes Panama City the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Panama City gentler on the wallet – expenses run 25% less than in Aurora, CO. Beyond cost, consider language, visa policies, and how big the international community is in each city.