Last update: Oct 2026

Cost of Living Comparison Between Campbell River and Panama City

For one person, living is cheaper in Panama City: $1,855 a month against $2,373 in Campbell River, rent and utilities included – about $6,200 less a year. Rent and utilities account for most of the difference.

115

Cost of Living Index in Campbell River
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Campbell River Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Campbell River

🇨🇦 Canada

$2,373

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,373 in Campbell River versus $1,855 in Panama City.

Campbell River $2,373
Panama City $1,855

Estimated couple costs with rent: $3,457 in Campbell River versus $2,804 in Panama City.

Campbell River $3,457
Panama City $2,804

Monthly costs for a family of three with rent: $4,540 in Campbell River versus $3,753 in Panama City.

Campbell River $4,540
Panama City $3,753

Living in Campbell River is roughly 28% 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: Campbell River 76% above, Panama City 37% above.

Meal at Budget Restaurant

$18.99 CA$26.85

$11.63 PAB 11.63

63.28%

Three-Course Dinner for Two, Mid-Range

$69.8 CA$98.6

$47.92 PAB 47.92

45.56%

Fast Food Meal (McDonalds, etc)

$10.58 CA$14.95

$7.96 PAB 7.96

32.91%

Cappuccino

$4.12 CA$5.83

$4.22 PAB 4.22

-2.37%

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

$2.22 CA$3.14

$2.01 PAB 2.01

10.45%

Water (0.33 liter bottle)

$0.97 CA$1.37

$1.56 PAB 1.56

-37.82%

Local Beer (0.5 liter draught)

$5.59 CA$7.90

$3.39 PAB 3.39

64.90%

Imported Beer (0.33 liter bottle)

$6.32 CA$8.93

$3.94 PAB 3.94

60.41%

Milk (1 liter)

$2.67 CA$3.78

$1.85 PAB 1.85

44.32%

White Bread (500g)

$3.02 CA$4.27

$2.56 PAB 2.56

17.97%

Rice (white) (1kg)

$3.93 CA$5.56

$3.48 PAB 3.48

12.93%

Eggs

$4.01 CA$5.67

$2.69 PAB 2.69

49.07%

Local Cheese (1kg)

$8.13 CA$11.49

$12.57 PAB 12.57

-35.32%

Chicken Fillets (1kg)

$9.34 CA$13.20

$6.83 PAB 6.83

36.75%

Beef Round Steak (1kg)

$14.42 CA$20.39

$10.58 PAB 10.58

36.29%

Apples (1kg)

$3.20 CA$4.52

$4.18 PAB 4.18

-23.44%

Banana (1kg)

$1.39 CA$1.96

$1.83 PAB 1.83

-24.04%

Oranges (1kg)

$3.47 CA$4.91

$4.20 PAB 4.20

-17.38%

Tomato (1kg)

$3.43 CA$4.85

$4.03 PAB 4.03

-14.89%

Potato (1kg)

$3.39 CA$4.80

$3.48 PAB 3.48

-2.59%

Onion (1kg)

$2.86 CA$4.04

$4.22 PAB 4.22

-32.23%

Lettuce (1 head)

$3.15 CA$4.45

$2.41 PAB 2.41

30.71%

Water (1.5 liter bottle)

$2.50 CA$3.54

$1.69 PAB 1.69

47.93%

Cigarettes 20 Pack (Marlboro, Camel)

$14.43 CA$20.40

$6.14 PAB 6.14

135.02%

Wine (Bottle)

$17.38 CA$24.57

$11.30 PAB 11.30

53.81%

Local Beer (0.5 liter bottle)

$3.92 CA$5.54

$1.42 PAB 1.42

176.06%

Imported Beer (0.33 liter bottle)

$3.52 CA$4.98

$2.73 PAB 2.73

28.94%

One-way Ticket (Public Transport)

$1.43 CA$2.01

$0.33 PAB 0.33

333.33%

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

Taxi Start (Normal Tariff)

$2.73 CA$3.87

$2.52 PAB 2.52

8.33%

Taxi (Normal Tariff) (1km)

$1.61 CA$2.28

$1.86 PAB 1.86

-13.44%

Taxi 1hour Waiting (Normal Tariff)

$34.41 CA$48.64

$21.78 PAB 21.78

57.99%

Gasoline (1 liter)

$1.26 CA$1.79

$1.25 PAB 1.25

0.80%

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

$27.2K CA$38.5K

$21.2K PAB 21.2K

28.10%

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

$18.4K CA$26.0K

$21.0K PAB 21.0K

-12.68%

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

$52.3 CA$73.9

$130 PAB 130

-59.75%

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

$44.43 CA$62.8

$28.13 PAB 28.13

57.95%

Internet (50+ Mbps, Unlimited Data)

$62.3 CA$88.0

$48.21 PAB 48.21

29.14%

Gym Membership (Monthly)

$45.21 CA$63.9

$45.78 PAB 45.78

-1.25%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

Cinema Ticket

$10.40 CA$14.70

$8.67 PAB 8.67

19.95%

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

$894 CA$1,264

$544 PAB 544

64.28%

International Primary School, 1 Child (Yearly)

$23.0K CA$32.5K

$9,697 PAB 9,697

137.29%

Jeans (Levis 501 Or Similar)

$43.33 CA$61.3

$66.8 PAB 66.8

-35.09%

Summer Dress (H&M, Zara, etc)

$44.94 CA$63.5

$49.14 PAB 49.14

-8.55%

Sport Shoes (Adidas, Nike)

$69.1 CA$97.7

$93.9 PAB 93.9

-26.33%

Men's Leather Business Shoes

$88.3 CA$125

$112 PAB 112

-20.81%

1-bedroom Apartment, City Center (Monthly)

$1,456 CA$2,058

$1,257 PAB 1,257

15.81%

1-bedroom Apartment, Outside City Center (Monthly)

$1,357 CA$1,918

$875 PAB 875

55.06%

3-bedroom Apartment, City Center (Monthly)

$2,204 CA$3,115

$2,155 PAB 2,155

2.25%

3-bedroom Apartment, Outside City Center (Monthly)

$2,148 CA$3,036

$1,564 PAB 1,564

37.34%

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)

$2,283 CA$3,228

$916 PAB 916

149.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.31

6.39

-32.55%

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

Last update for Campbell River: October 11, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Campbell River

$1.4K 57.2%

Panama City

$875 47.2% 35.5% $482

Groceries & Markets

Campbell River

$378 15.9%

Panama City

$325 17.5% 14.1% $53

Eating Out

Campbell River

$286 12.1%

Panama City

$207 11.1% 27.8% $80

Monthly Utilities & Internet

Campbell River

$159 6.7%

Panama City

$206 11.1% 29.7% $47

Clothing & Footwear

Campbell River

$111 4.7%

Panama City

$145 7.8% 30.7% $34

Sport & Entertainment

Campbell River

$66 2.8%

Panama City

$63 3.4% 4.4% $2.9

Getting Around

Campbell River

$16 * 0.7%

Panama City

$34 1.9% 109% $18

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 $1,456 in Campbell River and $1,257 in Panama City. Housing cost is often the main lever when comparing two cities.

Campbell River pays 149% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $70.0 in Campbell River vs $48.00 in Panama City for a mid-range dinner for two. Groceries echo the gap at $378 vs $325 per month, with Panama City cheaper across the board.

Good to know

🇨🇦 Campbell River

🇵🇦 Panama City

🕒 Local time

10:32 10:32 AM

12:32 12:32 PM

2 h ahead of Campbell River

🌤 Weather

👥 Population

36,455

1,086,990 Capital

💱 Currency

Canadian Dollar CAD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 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 October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 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).

USD to CAD in detail →

On the map

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Between locations

Campbell River Panama City 6,200 km ≈ 8 h nonstop flight

From you

Campbell River
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

Campbell River vs Panama City: Cost of Living - Frequently Asked Questions

Panama City wins on cost – living expenses run 28% lower than in Campbell River. Housing and daily spending are where you'll feel the difference most, making Panama City the obvious pick if budget is a priority.

Average pay runs 149% higher in Campbell River, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,456 in Campbell River 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 16% higher in Campbell River. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $2,373 per month in Campbell River versus $1,855 in Panama City – a 28% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,855 in Panama City versus $2,373 in Campbell River, a $2,500 budget is realistic in Panama City but tight or insufficient in Campbell River. The gap between the two cities makes Panama City the clear choice for anyone on this budget.

Both work as nomad bases, but Panama City delivers better value – similar infrastructure at $1,855 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Panama City hard to pass up.

Expats usually find Panama City gentler on the wallet – expenses run 28% less than in Campbell River. Beyond cost, consider language, visa policies, and how big the international community is in each city.