Last update: Oct 2026

Cost of Living Comparison Between Beverly Hills, CA and Panama City

For one person, living is cheaper in Panama City: $1,855 a month against $3,388 in Beverly Hills, CA, rent and utilities included – about $18,400 less a year. Rent and utilities account for most of the difference.

165

Cost of Living Index in Beverly Hills, CA
Learn more

Beverly Hills, CA Living Index
90

Cost of Living Index in Panama City
Learn more

Panama City Living Index

Jump to prices

Beverly Hills, CA

🇺🇸 United States

$3,388

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $3,388 in Beverly Hills, CA versus $1,855 in Panama City.

Beverly Hills, CA $3,388
Panama City $1,855

Estimated couple costs with rent: $6,180 in Beverly Hills, CA versus $2,804 in Panama City.

Beverly Hills, CA $6,180
Panama City $2,804

Monthly costs for a family of three with rent: $8,972 in Beverly Hills, CA versus $3,753 in Panama City.

Beverly Hills, CA $8,972
Panama City $3,753

Living in Beverly Hills, CA is roughly 83% 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: Beverly Hills, CA 151% above, Panama City 37% above.

Meal at Budget Restaurant

$26.67 $26.67

$11.63 PAB 11.63

129.32%

Three-Course Dinner for Two, Mid-Range

$119 $119

$47.92 PAB 47.92

148.37%

Fast Food Meal (McDonalds, etc)

$15.26 $15.26

$7.96 PAB 7.96

91.71%

Cappuccino

$6.06 $6.06

$4.22 PAB 4.22

43.60%

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

$3.64 $3.64

$2.01 PAB 2.01

81.09%

Water (0.33 liter bottle)

$2.77 $2.77

$1.56 PAB 1.56

77.56%

Local Beer (0.5 liter draught)

$7.83 $7.83

$3.39 PAB 3.39

130.97%

Imported Beer (0.33 liter bottle)

$9.90 $9.90

$3.94 PAB 3.94

151.27%

Milk (1 liter)

$1.09 $1.09

$1.85 PAB 1.85

-41.08%

White Bread (500g)

$4.89 $4.89

$2.56 PAB 2.56

91.02%

Rice (white) (1kg)

$4.73 $4.73

$3.48 PAB 3.48

35.92%

Eggs

$5.62 $5.62

$2.69 PAB 2.69

108.92%

Local Cheese (1kg)

$11.34 $11.34

$12.57 PAB 12.57

-9.79%

Chicken Fillets (1kg)

$15.89 $15.89

$6.83 PAB 6.83

132.65%

Beef Round Steak (1kg)

$19.49 $19.49

$10.58 PAB 10.58

84.22%

Apples (1kg)

$5.18 $5.18

$4.18 PAB 4.18

23.92%

Banana (1kg)

$2.33 $2.33

$1.83 PAB 1.83

27.32%

Oranges (1kg)

$4.65 $4.65

$4.20 PAB 4.20

10.71%

Tomato (1kg)

$5.43 $5.43

$4.03 PAB 4.03

34.74%

Potato (1kg)

$3.24 $3.24

$3.48 PAB 3.48

-6.90%

Onion (1kg)

$2.81 $2.81

$4.22 PAB 4.22

-33.41%

Lettuce (1 head)

$2.00 $2.00

$2.41 PAB 2.41

-17.01%

Water (1.5 liter bottle)

$2.44 $2.44

$1.69 PAB 1.69

44.38%

Cigarettes 20 Pack (Marlboro, Camel)

$13.19 $13.19

$6.14 PAB 6.14

114.82%

Wine (Bottle)

$14.84 $14.84

$11.30 PAB 11.30

31.33%

Local Beer (0.5 liter bottle)

$2.94 $2.94

$1.42 PAB 1.42

107.04%

Imported Beer (0.33 liter bottle)

$2.77 $2.77

$2.73 PAB 2.73

1.47%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

Taxi Start (Normal Tariff)

$3.13 $3.13

$2.52 PAB 2.52

24.21%

Taxi (Normal Tariff) (1km)

$1.83 $1.83

$1.86 PAB 1.86

-1.61%

Taxi 1hour Waiting (Normal Tariff)

$32.15 $32.15

$21.78 PAB 21.78

47.61%

Gasoline (1 liter)

$1.52 $1.52

$1.25 PAB 1.25

21.60%

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

$36.4K $36.4K

$21.2K PAB 21.2K

71.60%

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

$27.1K $27.1K

$21.0K PAB 21.0K

29.04%

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

$127 $127

$130 PAB 130

-2.06%

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

$78.1 $78.1

$28.13 PAB 28.13

177.50%

Internet (50+ Mbps, Unlimited Data)

$76.8 $76.8

$48.21 PAB 48.21

59.24%

Gym Membership (Monthly)

$45.78 PAB 45.78

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

Cinema Ticket

$15.23 $15.23

$8.67 PAB 8.67

75.66%

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

$1,699 $1,699

$544 PAB 544

212.27%

International Primary School, 1 Child (Yearly)

$32.0K $32.0K

$9,697 PAB 9,697

230.50%

Jeans (Levis 501 Or Similar)

$75.7 $75.7

$66.8 PAB 66.8

13.35%

Summer Dress (H&M, Zara, etc)

$50.7 $50.7

$49.14 PAB 49.14

3.07%

Sport Shoes (Adidas, Nike)

$99.2 $99.2

$93.9 PAB 93.9

5.72%

Men's Leather Business Shoes

$217 $217

$112 PAB 112

94.95%

1-bedroom Apartment, City Center (Monthly)

$2,354 $2,354

$1,257 PAB 1,257

87.26%

1-bedroom Apartment, Outside City Center (Monthly)

$1,986 $1,986

$875 PAB 875

126.98%

3-bedroom Apartment, City Center (Monthly)

$5,488 $5,488

$2,155 PAB 2,155

154.63%

3-bedroom Apartment, Outside City Center (Monthly)

$5,586 $5,586

$1,564 PAB 1,564

257.19%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

Average Monthly Net Salary (After Tax)

$916 PAB 916

20-Year Fixed Mortgage Interest Rate (Annual %)

6.86

6.39

7.36%

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

Last update for Beverly Hills, CA: October 13, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Beverly Hills, CA

$2K 58.6%

Panama City

$875 47.2% 55.9% $1.1K

Groceries & Markets

Beverly Hills, CA

$461 13.6%

Panama City

$325 17.5% 29.5% $136

Eating Out

Beverly Hills, CA

$416 12.3%

Panama City

$207 11.1% 50.4% $210

Monthly Utilities & Internet

Beverly Hills, CA

$282 8.3%

Panama City

$206 11.1% 26.9% $76

Clothing & Footwear

Beverly Hills, CA

$199 5.9%

Panama City

$145 7.8% 27.5% $55

Sport & Entertainment

Beverly Hills, CA

$30 * 0.9%

Panama City

$63 3.4% 107% $33

Getting Around

Beverly Hills, CA

$12 * 0.4%

Panama City

$34 1.9% 181% $22

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 $2,354 in Beverly Hills, CA and $1,257 in Panama City. Housing cost is often the main lever when comparing two cities.

Dining out: $119 in Beverly Hills, CA vs $48.00 in Panama City for a mid-range dinner for two. Groceries echo the gap at $461 vs $325 per month, with Panama City cheaper across the board.

Good to know

🇺🇸 Beverly Hills, CA

🇵🇦 Panama City

🕒 Local time

17:53 5:53 PM

19:53 7:53 PM

2 h ahead of Beverly Hills, CA

🌤 Weather

👥 Population

34,979

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 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Panamanian Balboa exchange rates as of October 19, 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

Lowest

Highest

Between locations

Beverly Hills, CA Panama City 4,850 km ≈ 7 h nonstop flight

From you

Beverly Hills, CA
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

Beverly Hills, CA vs Panama City: Cost of Living - Frequently Asked Questions

Panama City is cheaper overall, especially in groceries, eating out, and clothing. The 83% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $5,082 in Beverly Hills, CA and $2,783 in Panama City to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $2,354 in Beverly Hills, CA versus $1,257 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 42% higher in Beverly Hills, CA. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $3,388 per month in Beverly Hills, CA versus $1,855 in Panama City – a 83% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,855 in Panama City versus $3,388 in Beverly Hills, CA, a $2,500 budget is realistic in Panama City but tight or insufficient in Beverly Hills, CA. The gap between the two cities makes Panama City the clear choice for anyone on this budget.

For families, Panama City is more practical. Housing and childcare are both notably cheaper than in Beverly Hills, CA, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Beverly Hills, CA and Panama City are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Panama City gentler on the wallet – expenses run 83% less than in Beverly Hills, CA. Beyond cost, consider language, visa policies, and how big the international community is in each city.