Last update: Oct 2026

Cost of Living Comparison Between Burbank, CA and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $3,642 in Burbank, CA, rent and utilities included – about $21,700 less a year. Rent and utilities account for most of the difference.

178

Cost of Living Index in Burbank, CA
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Burbank, CA Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Burbank, CA

🇺🇸 United States

$3,642

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Monthly Cost of Living

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

A single person spends $3,642 per month in Burbank, CA vs $1,837 in Panama City, rent included.

Burbank, CA $3,642
Panama City $1,837

A couple spends around $3,559 per month in Burbank, CA vs $2,825 in Panama City, rent included.

Burbank, CA $3,559
Panama City $2,825

A family of three spends $3,476 per month in Burbank, CA vs $3,812 in Panama City, rent included.

Burbank, CA $3,476
Panama City $3,812

Burbank, CA costs about 98% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Burbank, CA and Panama City sit above the global median – Burbank, CA by 172%, Panama City by 37%.

Meal at Budget Restaurant

$25.41 $25.41

$11.34 PAB 11.34

124.07%

Three-Course Dinner for Two, Mid-Range

$77.1 $77.1

$47.85 PAB 47.85

61.11%

Fast Food Meal (McDonalds, etc)

$14.95 $14.95

$8.07 PAB 8.07

85.25%

Cappuccino

$5.79 $5.79

$4.02 PAB 4.02

44.03%

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

$3.79 $3.79

$1.94 PAB 1.94

95.36%

Water (0.33 liter bottle)

$2.65 $2.65

$1.62 PAB 1.62

63.58%

Local Beer (0.5 liter draught)

$7.77 $7.77

$3.26 PAB 3.26

138.34%

Imported Beer (0.33 liter bottle)

$10.03 $10.03

$3.99 PAB 3.99

151.38%

Milk (1 liter)

$1.30 $1.30

$1.83 PAB 1.83

-28.96%

White Bread (500g)

$4.82 $4.82

$2.57 PAB 2.57

87.55%

Rice (white) (1kg)

$4.54 $4.54

$3.33 PAB 3.33

36.34%

Eggs

$5.81 $5.81

$2.69 PAB 2.69

115.99%

Local Cheese (1kg)

$15.40 $15.40

$12.33 PAB 12.33

24.90%

Chicken Fillets (1kg)

$16.31 $16.31

$6.69 PAB 6.69

143.80%

Beef Round Steak (1kg)

$19.27 $19.27

$10.40 PAB 10.40

85.29%

Apples (1kg)

$5.09 $5.09

$4.16 PAB 4.16

22.36%

Banana (1kg)

$2.33 $2.33

$1.84 PAB 1.84

26.63%

Oranges (1kg)

$3.94 $3.94

$4.18 PAB 4.18

-5.74%

Tomato (1kg)

$5.65 $5.65

$4.08 PAB 4.08

38.48%

Potato (1kg)

$3.17 $3.17

$3.50 PAB 3.50

-9.43%

Onion (1kg)

$2.81 $2.81

$4.37 PAB 4.37

-35.70%

Lettuce (1 head)

$2.18 $2.18

$2.34 PAB 2.34

-6.84%

Water (1.5 liter bottle)

$2.72 $2.72

$1.75 PAB 1.75

55.43%

Cigarettes 20 Pack (Marlboro, Camel)

$11.82 $11.82

$6.06 PAB 6.06

95.05%

Wine (Bottle)

$14.95 $14.95

$11.72 PAB 11.72

27.56%

Local Beer (0.5 liter bottle)

$2.50 $2.50

$1.37 PAB 1.37

82.48%

Imported Beer (0.33 liter bottle)

$2.78 $2.78

$2.84 PAB 2.84

-2.11%

One-way Ticket (Public Transport)

$1.73 $1.73

$0.36 PAB 0.36

380.56%

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

Taxi Start (Normal Tariff)

$3.15 $3.15

$2.52 PAB 2.52

25.00%

Taxi (Normal Tariff) (1km)

$1.86 $1.86

$1.79 PAB 1.79

3.91%

Taxi 1hour Waiting (Normal Tariff)

$32.06 $32.06

$22.01 PAB 22.01

45.66%

Gasoline (1 liter)

$1.45 $1.45

$1.25 PAB 1.25

16.00%

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

$36.4K $36.4K

$21.5K PAB 21.5K

69.13%

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

$25.6K $25.6K

$21.2K PAB 21.2K

20.89%

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

$214 $214

$131 PAB 131

63.10%

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

$78.5 $78.5

$27.68 PAB 27.68

183.60%

Internet (50+ Mbps, Unlimited Data)

$72.8 $72.8

$48.59 PAB 48.59

49.87%

Gym Membership (Monthly)

$129 $129

$46.11 PAB 46.11

179.27%

Tennis Court (1 Hour on Weekend)

$35.01 PAB 35.01

Cinema Ticket

$19.80 $19.80

$8.73 PAB 8.73

126.80%

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

$1,670 $1,670

$551 PAB 551

203.27%

International Primary School, 1 Child (Yearly)

$31.8K $31.8K

$9,560 PAB 9,560

232.27%

Jeans (Levis 501 Or Similar)

$63.0 $63.0

$67.6 PAB 67.6

-6.88%

Summer Dress (H&M, Zara, etc)

$48.44 $48.44

$48.03 PAB 48.03

0.85%

Sport Shoes (Adidas, Nike)

$106 $106

$94.9 PAB 94.9

11.29%

Men's Leather Business Shoes

$104 $104

$113 PAB 113

-8.32%

1-bedroom Apartment, City Center (Monthly)

$3,217 $3,217

$1,238 PAB 1,238

159.91%

1-bedroom Apartment, Outside City Center (Monthly)

$2,096 $2,096

$873 PAB 873

140.09%

3-bedroom Apartment, City Center (Monthly)

$2,197 PAB 2,197

3-bedroom Apartment, Outside City Center (Monthly)

$1,538 PAB 1,538

Buy Apartment in City Center (m2)

$3,116 PAB 3,116

Buy Apartment Outside City Center (m2)

$1,725 PAB 1,725

Average Monthly Net Salary (After Tax)

$5,421 $5,421

$934 PAB 934

480.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.31

6.39

-1.25%

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

Last update for Burbank, CA: October 5, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Burbank, CA

$2.1K 57.1%

Panama City

$873 47.2% 58.3% $1.2K

Groceries & Markets

Burbank, CA

$476 13%

Panama City

$324 17.5% 31.9% $152

Eating Out

Burbank, CA

$402 11%

Panama City

$202 10.9% 49.9% $201

Monthly Utilities & Internet

Burbank, CA

$365 10%

Panama City

$207 11.2% 43.2% $158

Sport & Entertainment

Burbank, CA

$168 4.6%

Panama City

$64 3.4% 62.2% $105

Clothing & Footwear

Burbank, CA

$144 3.9%

Panama City

$146 7.9% 0.9% $1.3

Getting Around

Burbank, CA

$19 * 0.5%

Panama City

$34 1.8% 75% $15

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

Cost Breakdown

A central one-bedroom costs $3,217 in Burbank, CA 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.

Salaries run about 480% higher in Burbank, CA, 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 $77.0 in Burbank, CA versus $48.00 in Panama City. Monthly groceries follow the same trend: $476 vs $324 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Burbank, CA

🇵🇦 Panama City

🕒 Local time

11:16 11:16 AM

13:16 1:16 PM

2 h ahead of Burbank, CA

🌤 Weather

👥 Population

103,340

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

Burbank, CA Panama City 4,840 km ≈ 7 h nonstop flight

From you

Burbank, 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

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

Burbank, CA costs about 98% 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 $5,463 per month in Burbank, CA 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 $3,642 in Burbank, CA and $1,837 in Panama City. That's a gap of about 98%.

Kindergarten costs $1,670 per month in Burbank, CA 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 Burbank, CA at $3,642. In Panama City it covers expenses comfortably, while in Burbank, CA it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Panama City costs $1,837 versus $3,642 in Burbank, CA. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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