Last update: Oct 2026

Cost of Living Comparison Between Avondale, AZ and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $2,763 in Avondale, AZ, rent and utilities included – about $11,100 less a year. Rent and utilities account for most of the difference.

133

Cost of Living Index in Avondale, AZ
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Avondale, AZ Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Avondale, AZ

🇺🇸 United States

$2,763

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Monthly Cost of Living

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

A single person spends $2,763 per month in Avondale, AZ vs $1,837 in Panama City, rent included.

Avondale, AZ $2,763
Panama City $1,837

A couple spends around $3,869 per month in Avondale, AZ vs $2,825 in Panama City, rent included.

Avondale, AZ $3,869
Panama City $2,825

A family of three spends $4,976 per month in Avondale, AZ vs $3,812 in Panama City, rent included.

Avondale, AZ $4,976
Panama City $3,812

Avondale, AZ costs about 50% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Avondale, AZ and Panama City sit above the global median – Avondale, AZ by 106%, Panama City by 37%.

Meal at Budget Restaurant

$19.86 $19.86

$11.34 PAB 11.34

75.13%

Three-Course Dinner for Two, Mid-Range

$80.1 $80.1

$47.85 PAB 47.85

67.44%

Fast Food Meal (McDonalds, etc)

$12.77 $12.77

$8.07 PAB 8.07

58.24%

Cappuccino

$5.14 $5.14

$4.02 PAB 4.02

27.86%

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

$2.65 $2.65

$1.94 PAB 1.94

36.60%

Water (0.33 liter bottle)

$2.17 $2.17

$1.62 PAB 1.62

33.95%

Local Beer (0.5 liter draught)

$5.84 $5.84

$3.26 PAB 3.26

79.14%

Imported Beer (0.33 liter bottle)

$7.31 $7.31

$3.99 PAB 3.99

83.21%

Milk (1 liter)

$0.81 $0.81

$1.83 PAB 1.83

-55.74%

White Bread (500g)

$3.37 $3.37

$2.57 PAB 2.57

31.13%

Rice (white) (1kg)

$5.16 $5.16

$3.33 PAB 3.33

54.95%

Eggs

$4.40 $4.40

$2.69 PAB 2.69

63.57%

Local Cheese (1kg)

$13.77 $13.77

$12.33 PAB 12.33

11.68%

Chicken Fillets (1kg)

$13.15 $13.15

$6.69 PAB 6.69

96.56%

Beef Round Steak (1kg)

$16.33 $16.33

$10.40 PAB 10.40

57.02%

Apples (1kg)

$4.57 $4.57

$4.16 PAB 4.16

9.86%

Banana (1kg)

$1.96 $1.96

$1.84 PAB 1.84

6.52%

Oranges (1kg)

$4.22 $4.22

$4.18 PAB 4.18

0.96%

Tomato (1kg)

$4.44 $4.44

$4.08 PAB 4.08

8.82%

Potato (1kg)

$2.69 $2.69

$3.50 PAB 3.50

-23.14%

Onion (1kg)

$2.91 $2.91

$4.37 PAB 4.37

-33.41%

Lettuce (1 head)

$2.08 $2.08

$2.34 PAB 2.34

-11.11%

Water (1.5 liter bottle)

$2.08 $2.08

$1.75 PAB 1.75

18.86%

Cigarettes 20 Pack (Marlboro, Camel)

$10.45 $10.45

$6.06 PAB 6.06

72.44%

Wine (Bottle)

$13.36 $13.36

$11.72 PAB 11.72

13.99%

Local Beer (0.5 liter bottle)

$2.45 $2.45

$1.37 PAB 1.37

78.83%

Imported Beer (0.33 liter bottle)

$3.76 $3.76

$2.84 PAB 2.84

32.39%

One-way Ticket (Public Transport)

$2.26 $2.26

$0.36 PAB 0.36

527.78%

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

Taxi Start (Normal Tariff)

$2.70 $2.70

$2.52 PAB 2.52

7.14%

Taxi (Normal Tariff) (1km)

$1.33 $1.33

$1.79 PAB 1.79

-25.70%

Taxi 1hour Waiting (Normal Tariff)

$36.42 $36.42

$22.01 PAB 22.01

65.47%

Gasoline (1 liter)

$1.26 $1.26

$1.25 PAB 1.25

0.80%

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

$35.7K $35.7K

$21.5K PAB 21.5K

65.56%

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

$25.7K $25.7K

$21.2K PAB 21.2K

21.40%

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

$200 $200

$131 PAB 131

52.61%

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

$61.0 $61.0

$27.68 PAB 27.68

120.52%

Internet (50+ Mbps, Unlimited Data)

$74.4 $74.4

$48.59 PAB 48.59

53.02%

Gym Membership (Monthly)

$39.24 $39.24

$46.11 PAB 46.11

-14.90%

Tennis Court (1 Hour on Weekend)

$30.62 $30.62

$35.01 PAB 35.01

-12.54%

Cinema Ticket

$12.79 $12.79

$8.73 PAB 8.73

46.51%

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

$1,117 $1,117

$551 PAB 551

102.90%

International Primary School, 1 Child (Yearly)

$15.8K $15.8K

$9,560 PAB 9,560

65.71%

Jeans (Levis 501 Or Similar)

$54.9 $54.9

$67.6 PAB 67.6

-18.81%

Summer Dress (H&M, Zara, etc)

$43.37 $43.37

$48.03 PAB 48.03

-9.70%

Sport Shoes (Adidas, Nike)

$97.2 $97.2

$94.9 PAB 94.9

2.41%

Men's Leather Business Shoes

$113 $113

$113 PAB 113

-0.01%

1-bedroom Apartment, City Center (Monthly)

$1,610 $1,610

$1,238 PAB 1,238

30.04%

1-bedroom Apartment, Outside City Center (Monthly)

$1,428 $1,428

$873 PAB 873

63.52%

3-bedroom Apartment, City Center (Monthly)

$2,478 $2,478

$2,197 PAB 2,197

12.81%

3-bedroom Apartment, Outside City Center (Monthly)

$2,054 $2,054

$1,538 PAB 1,538

33.55%

Buy Apartment in City Center (m2)

$2,693 $2,693

$3,116 PAB 3,116

-13.56%

Buy Apartment Outside City Center (m2)

$2,287 $2,287

$1,725 PAB 1,725

32.59%

Average Monthly Net Salary (After Tax)

$934 PAB 934

20-Year Fixed Mortgage Interest Rate (Annual %)

6.44

6.39

0.78%

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

Last update for Avondale, AZ: October 4, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Avondale, AZ

$1.4K 52.7%

Panama City

$873 47.2% 38.8% $555

Groceries & Markets

Avondale, AZ

$403 14.9%

Panama City

$324 17.5% 19.6% $79

Monthly Utilities & Internet

Avondale, AZ

$336 12.4%

Panama City

$207 11.2% 38.2% $128

Eating Out

Avondale, AZ

$322 11.9%

Panama City

$202 10.9% 37.4% $120

Clothing & Footwear

Avondale, AZ

$139 5.1%

Panama City

$146 7.9% 4.9% $6.8

Sport & Entertainment

Avondale, AZ

$65 2.4%

Panama City

$64 3.4% 1.9% $1.2

Getting Around

Avondale, AZ

$18 * 0.7%

Panama City

$34 1.8% 84.1% $15

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

Cost Breakdown

A central one-bedroom costs $1,610 in Avondale, AZ versus $1,238 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.

A mid-range dinner for two costs $80.0 in Avondale, AZ versus $48.00 in Panama City. Monthly groceries follow the same trend: $403 vs $324 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Avondale, AZ

🇵🇦 Panama City

🕒 Local time

23:49 11:49 PM

01:49 1:49 AM

2 h ahead of Avondale, AZ

🌤 Weather

👥 Population

83,392

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.892 EUR

1 PAB = 1 USD

1 PAB = 0.892 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 October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

PAB to USD in detail →

On the map

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Between locations

Avondale, AZ Panama City 4,320 km ≈ 6 h nonstop flight

From you

Avondale, AZ
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

Avondale, AZ vs Panama City: Cost of Living - Frequently Asked Questions

Avondale, AZ costs about 50% more than Panama City, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $4,144 per month in Avondale, AZ and $2,756 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.

Monthly expenses with rent come to $2,763 in Avondale, AZ and $1,837 in Panama City. That's a gap of about 50%.

Kindergarten costs $1,117 per month in Avondale, AZ and $551 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,837, than in Avondale, AZ at $2,763. In Panama City it covers expenses comfortably, while in Avondale, AZ it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Panama City costs $1,837 versus $2,763 in Avondale, AZ. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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