Last update: Nov 2026

Cost of Living Comparison Between Calgary and Panama

Name: Panama
Address: PA

For one person, living is cheaper in Panama: $1,643 a month against $2,297 in Calgary, rent and utilities included – about $7,800 less a year. Rent and utilities account for about half of the difference.

110

Cost of Living Index in Calgary
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Calgary Living Index
79

Cost of Living Index in Panama
Learn more

Panama Living Index

Jump to prices

Calgary

🇨🇦 Canada

$2,297

/mo nomad

🇵🇦 Panama

$1,643

/mo nomad

😐 Solo nomad: Calgary is 39.4% more expensive than Panama without rent, and 39.7% more expensive with rent.

😐 Family of 3: Calgary is 39.8% more expensive than Panama without rent, and 32% more expensive with rent.

Meal at Budget Restaurant

$17.94 CA$25.23

$7.85 PAB 7.85

128.54%

Three-Course Dinner for Two, Mid-Range

$68.9 CA$96.9

$45.17 PAB 45.17

52.47%

Fast Food Meal (McDonalds, etc)

$10.94 CA$15.38

$8.06 PAB 8.06

35.73%

Cappuccino

$3.70 CA$5.21

$3.93 PAB 3.93

-5.85%

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

$2.07 CA$2.91

$1.64 PAB 1.64

26.22%

Water (0.33 liter bottle)

$2.04 CA$2.87

$1.34 PAB 1.34

52.24%

Local Beer (0.5 liter draught)

$5.74 CA$8.08

$2.21 PAB 2.21

159.73%

Imported Beer (0.33 liter bottle)

$5.70 CA$8.02

$3.89 PAB 3.89

46.53%

Milk (1 liter)

$1.98 CA$2.78

$1.81 PAB 1.81

9.39%

White Bread (500g)

$2.65 CA$3.72

$2.42 PAB 2.42

9.50%

Rice (white) (1kg)

$5.84 CA$8.21

$2.99 PAB 2.99

95.32%

Eggs

$3.81 CA$5.36

$2.47 PAB 2.47

54.25%

Local Cheese (1kg)

$10.81 CA$15.20

$12.34 PAB 12.34

-12.40%

Chicken Fillets (1kg)

$11.02 CA$15.50

$6.93 PAB 6.93

59.02%

Beef Round Steak (1kg)

$17.87 CA$25.14

$10.28 PAB 10.28

73.83%

Apples (1kg)

$4.88 CA$6.87

$4.16 PAB 4.16

17.31%

Banana (1kg)

$1.45 CA$2.04

$1.55 PAB 1.55

-6.45%

Oranges (1kg)

$4.15 CA$5.84

$3.66 PAB 3.66

13.39%

Tomato (1kg)

$3.99 CA$5.61

$3.76 PAB 3.76

6.12%

Potato (1kg)

$2.93 CA$4.12

$2.56 PAB 2.56

14.45%

Onion (1kg)

$3.02 CA$4.25

$3.25 PAB 3.25

-7.08%

Lettuce (1 head)

$2.67 CA$3.75

$2.24 PAB 2.24

19.20%

Water (1.5 liter bottle)

$1.57 CA$2.21

$1.66 PAB 1.66

-5.42%

Cigarettes 20 Pack (Marlboro, Camel)

$14.11 CA$19.84

$6.04 PAB 6.04

133.61%

Wine (Bottle)

$15.45 CA$21.73

$10.14 PAB 10.14

52.37%

Local Beer (0.5 liter bottle)

$2.50 CA$3.52

$1.41 PAB 1.41

77.30%

Imported Beer (0.33 liter bottle)

$3.18 CA$4.47

$2.35 PAB 2.35

35.32%

One-way Ticket (Public Transport)

$2.85 CA$4.00

$0.38 PAB 0.38

650.00%

Public Transport Monthly Pass (Regular Price)

$90.2 CA$127

$21.35 PAB 21.35

322.48%

Taxi Start (Normal Tariff)

$3.16 CA$4.45

$2.56 PAB 2.56

23.44%

Taxi (Normal Tariff) (1km)

$1.41 CA$1.98

$1.79 PAB 1.79

-21.23%

Taxi 1hour Waiting (Normal Tariff)

$27.46 CA$38.62

$21.97 PAB 21.97

24.99%

Gasoline (1 liter)

$1.18 CA$1.66

$1.18 PAB 1.18

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

$27.9K CA$39.2K

$25.9K PAB 25.9K

7.63%

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

$21.1K CA$29.6K

$22.3K PAB 22.3K

-5.70%

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

$182 CA$256

$119 PAB 119

53.19%

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

$36.01 CA$50.7

$26.61 PAB 26.61

35.33%

Internet (50+ Mbps, Unlimited Data)

$48.80 CA$68.6

$46.95 PAB 46.95

3.94%

Gym Membership (Monthly)

$48.78 CA$68.6

$48.46 PAB 48.46

0.66%

Tennis Court (1 Hour on Weekend)

$18.15 CA$25.53

$30.25 PAB 30.25

-40.00%

Cinema Ticket

$14.52 CA$20.42

$8.02 PAB 8.02

81.05%

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

$542 CA$762

$539 PAB 539

0.63%

International Primary School, 1 Child (Yearly)

$21.2K CA$29.8K

$19.5K PAB 19.5K

8.75%

Jeans (Levis 501 Or Similar)

$59.1 CA$83.1

$53.6 PAB 53.6

10.27%

Summer Dress (H&M, Zara, etc)

$42.34 CA$59.5

$44.47 PAB 44.47

-4.79%

Sport Shoes (Adidas, Nike)

$94.2 CA$132

$90.0 PAB 90.0

4.68%

Men's Leather Business Shoes

$109 CA$153

$104 PAB 104

4.69%

1-bedroom Apartment, City Center (Monthly)

$1,214 CA$1,707

$996 PAB 996

21.83%

1-bedroom Apartment, Outside City Center (Monthly)

$1,036 CA$1,457

$751 PAB 751

38.02%

3-bedroom Apartment, City Center (Monthly)

$2,045 CA$2,876

$1,770 PAB 1,770

15.55%

3-bedroom Apartment, Outside City Center (Monthly)

$1,655 CA$2,327

$1,384 PAB 1,384

19.56%

Buy Apartment in City Center (m2)

$3,653 CA$5,137

$3,003 PAB 3,003

21.65%

Buy Apartment Outside City Center (m2)

$3,183 CA$4,476

$1,708 PAB 1,708

86.38%

Average Monthly Net Salary (After Tax)

$3,219 CA$4,526

$818 PAB 818

293.50%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.43

6.37

-30.46%

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

Last update for Calgary: November 2, 2026

Last update for Panama: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Calgary

$1K 45.1%

Panama

$751 45.7% 27.5% $285

Groceries & Markets

Calgary

$390 17%

Panama

$305 18.6% 21.7% $85

Eating Out

Calgary

$277 12.1%

Panama

$165 10% 40.5% $112

Monthly Utilities & Internet

Calgary

$267 11.6%

Panama

$192 11.7% 27.9% $74

Clothing & Footwear

Calgary

$137 6%

Panama

$131 8% 4.1% $5.6

Getting Around

Calgary

$112 4.9%

Panama

$34 2.1% 69.2% $77

Sport & Entertainment

Calgary

$78 3.4%

Panama

$65 3.9% 17.1% $13

Good to know

🇨🇦 Calgary

🇵🇦 Panama

🕒 Local time

06:26 6:26 AM

07:26 7:26 AM

1 h ahead of Calgary

🌤 Weather

👥 Population

1,267,344

4,098,587

💱 Currency

Canadian Dollar CAD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 CAD = 0.711 USD

1 CAD = 0.633 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.58 CAD (1 CAD = 0.633 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 = 0.89 EUR).

USD to CAD in detail →

On the map

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Between locations

Calgary Panama 5,640 km ≈ 8 h nonstop flight

From you

Calgary
Panama

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

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