Last update: Oct 2026

Cost of Living Comparison Between Bainbridge Island, WA and Panama City

For one person, living is cheaper in Panama City: $1,857 a month against $2,854 in Bainbridge Island, WA, rent and utilities included – about $12,000 less a year. Rent and utilities account for about half of the difference.

137

Cost of Living Index in Bainbridge Island, WA
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Bainbridge Island, WA Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Bainbridge Island, WA

🇺🇸 United States

$2,854

/mo nomad

Panama City

🇵🇦 Panama

$1,857

/mo nomad

Monthly Cost of Living

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

A single person spends $2,854 per month in Bainbridge Island, WA vs $1,857 in Panama City, rent included.

Bainbridge Island, WA $2,854
Panama City $1,857

A couple spends around $4,988 per month in Bainbridge Island, WA vs $2,815 in Panama City, rent included.

Bainbridge Island, WA $4,988
Panama City $2,815

A family of three spends $7,123 per month in Bainbridge Island, WA vs $3,773 in Panama City, rent included.

Bainbridge Island, WA $7,123
Panama City $3,773

Bainbridge Island, WA costs about 54% more than Panama City, and outside of rent the biggest gap is in groceries.

Both Bainbridge Island, WA and Panama City sit above the global median – Bainbridge Island, WA by 111%, Panama City by 37%.

Meal at Budget Restaurant

$24.96 $24.96

$11.68 PAB 11.68

113.70%

Three-Course Dinner for Two, Mid-Range

$99.3 $99.3

$47.76 PAB 47.76

107.98%

Fast Food Meal (McDonalds, etc)

$15.02 $15.02

$8.12 PAB 8.12

84.98%

Cappuccino

$4.53 $4.53

$4.23 PAB 4.23

7.09%

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

$2.58 $2.58

$1.92 PAB 1.92

34.38%

Water (0.33 liter bottle)

$2.94 $2.94

$1.58 PAB 1.58

86.08%

Local Beer (0.5 liter draught)

$7.06 $7.06

$3.31 PAB 3.31

113.29%

Imported Beer (0.33 liter bottle)

$7.92 $7.92

$3.98 PAB 3.98

98.99%

Milk (1 liter)

$1.14 $1.14

$1.92 PAB 1.92

-40.63%

White Bread (500g)

$5.21 $5.21

$2.63 PAB 2.63

98.10%

Rice (white) (1kg)

$6.36 $6.36

$3.39 PAB 3.39

87.61%

Eggs

$3.20 $3.20

$2.67 PAB 2.67

19.85%

Local Cheese (1kg)

$18.75 $18.75

$12.21 PAB 12.21

53.56%

Chicken Fillets (1kg)

$18.92 $18.92

$6.91 PAB 6.91

173.81%

Beef Round Steak (1kg)

$21.07 $21.07

$10.58 PAB 10.58

99.15%

Apples (1kg)

$6.12 $6.12

$4.16 PAB 4.16

47.12%

Banana (1kg)

$1.86 $1.86

$1.97 PAB 1.97

-5.58%

Oranges (1kg)

$5.25 $5.25

$4.06 PAB 4.06

29.31%

Tomato (1kg)

$6.49 $6.49

$4.18 PAB 4.18

55.26%

Potato (1kg)

$3.52 $3.52

$3.47 PAB 3.47

1.44%

Onion (1kg)

$3.16 $3.16

$4.26 PAB 4.26

-25.82%

Lettuce (1 head)

$2.68 $2.68

$2.44 PAB 2.44

9.84%

Water (1.5 liter bottle)

$2.39 $2.39

$1.69 PAB 1.69

41.42%

Cigarettes 20 Pack (Marlboro, Camel)

$12.42 $12.42

$5.83 PAB 5.83

113.04%

Wine (Bottle)

$14.97 $14.97

$11.43 PAB 11.43

30.97%

Local Beer (0.5 liter bottle)

$4.31 $4.31

$1.38 PAB 1.38

212.32%

Imported Beer (0.33 liter bottle)

$3.01 $3.01

$2.76 PAB 2.76

9.06%

One-way Ticket (Public Transport)

$2.03 $2.03

$0.33 PAB 0.33

515.15%

Public Transport Monthly Pass (Regular Price)

$53.1 $53.1

$20.63 PAB 20.63

157.25%

Taxi Start (Normal Tariff)

$2.54 $2.54

$2.55 PAB 2.55

-0.39%

Taxi (Normal Tariff) (1km)

$1.29 $1.29

$1.78 PAB 1.78

-27.53%

Taxi 1hour Waiting (Normal Tariff)

$29.63 $29.63

$22.17 PAB 22.17

33.65%

Gasoline (1 liter)

$1.37 $1.37

$1.24 PAB 1.24

10.48%

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

$35.6K $35.6K

$24.4K PAB 24.4K

45.82%

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

$25.8K $25.8K

$21.3K PAB 21.3K

21.29%

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

$173 $173

$131 PAB 131

32.07%

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

$70.9 $70.9

$27.83 PAB 27.83

154.80%

Internet (50+ Mbps, Unlimited Data)

$86.4 $86.4

$49.32 PAB 49.32

75.20%

Gym Membership (Monthly)

$41.02 $41.02

$45.69 PAB 45.69

-10.22%

Tennis Court (1 Hour on Weekend)

$34.10 PAB 34.10

Cinema Ticket

$14.22 $14.22

$8.47 PAB 8.47

67.89%

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

$3,003 $3,003

$553 PAB 553

442.50%

International Primary School, 1 Child (Yearly)

$30.7K $30.7K

$9,719 PAB 9,719

216.10%

Jeans (Levis 501 Or Similar)

$77.5 $77.5

$66.4 PAB 66.4

16.57%

Summer Dress (H&M, Zara, etc)

$49.94 $49.94

$47.39 PAB 47.39

5.38%

Sport Shoes (Adidas, Nike)

$100 $100

$95.7 PAB 95.7

4.58%

Men's Leather Business Shoes

$163 $163

$113 PAB 113

44.66%

1-bedroom Apartment, City Center (Monthly)

$1,576 $1,576

$1,322 PAB 1,322

19.15%

1-bedroom Apartment, Outside City Center (Monthly)

$1,310 $1,310

$874 PAB 874

49.87%

3-bedroom Apartment, City Center (Monthly)

$3,720 $3,720

$2,153 PAB 2,153

72.81%

3-bedroom Apartment, Outside City Center (Monthly)

$3,603 $3,603

$1,580 PAB 1,580

127.96%

Buy Apartment in City Center (m2)

$2,740 $2,740

$3,097 PAB 3,097

-11.54%

Buy Apartment Outside City Center (m2)

$2,332 $2,332

$1,698 PAB 1,698

37.30%

Average Monthly Net Salary (After Tax)

$4,785 $4,785

$914 PAB 914

423.54%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

-6.10%

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

Last update for Bainbridge Island, WA: October 18, 2026

Last update for Panama City: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Bainbridge Island, WA

$1.3K 45.9%

Panama City

$874 47.1% 33.3% $436

Groceries & Markets

Bainbridge Island, WA

$525 18.4%

Panama City

$327 17.6% 37.8% $198

Eating Out

Bainbridge Island, WA

$372 13.1%

Panama City

$207 11.2% 44.4% $165

Monthly Utilities & Internet

Bainbridge Island, WA

$331 11.6%

Panama City

$208 11.2% 37% $122

Clothing & Footwear

Bainbridge Island, WA

$176 6.2%

Panama City

$145 7.8% 17.5% $31

Getting Around

Bainbridge Island, WA

$70 2.5%

Panama City

$33 1.8% 52.4% $37

Sport & Entertainment

Bainbridge Island, WA

$69 2.4%

Panama City

$63 3.4% 9.8% $6.8

Cost Breakdown

A central one-bedroom costs $1,576 in Bainbridge Island, WA versus $1,322 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 424% higher in Bainbridge Island, WA, 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 $99.0 in Bainbridge Island, WA versus $48.00 in Panama City. Monthly groceries follow the same trend: $525 vs $327 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Bainbridge Island, WA

🇵🇦 Panama City

🕒 Local time

13:50 1:50 PM

15:50 3:50 PM

2 h ahead of Bainbridge Island, WA

🌤 Weather

👥 Population

24,825

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.89 EUR

1 PAB = 1 USD

1 PAB = 0.89 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 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Panamanian Balboa exchange rates as of October 20, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

PAB to USD in detail →

On the map

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Between locations

Bainbridge Island, WA Panama City 5,890 km ≈ 8 h nonstop flight

From you

Bainbridge Island, WA
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

Bainbridge Island, WA vs Panama City: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,854 in Bainbridge Island, WA, $1,857 in Panama City – roughly 54% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $4,280 per month in Bainbridge Island, WA and $2,786 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.

Public transport costs about 157% less in Panama City. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $3,003 per month in Bainbridge Island, WA and $553 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 $1,857, than in Bainbridge Island, WA at $2,854. In Panama City it covers expenses comfortably, while in Bainbridge Island, WA 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 $1,857 in Panama City to $2,854 in Bainbridge Island, WA. 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, Bainbridge Island, WA makes more sense. Both are solid long-term options with distinct trade-offs.