Cost of Living Comparison Between Canada and Panama Cost of Living Comparison Between Canada and Panama

Name: Panama
Address: PA

😐 Solo nomad: Canada is 37.1% more expensive than Panama without rent, and 50.3% more expensive with rent.

😐 Family of 3: Canada is 37.7% more expensive than Panama without rent, and 39.8% more expensive with rent.

Meal at Budget Restaurant

$18.65 CA$25.39

$10.18 PAB 10.18

83.20%

Three-Course Dinner for Two, Mid-Range

$74.3 CA$101

$50.5 PAB 50.5

47.23%

Fast Food Meal (McDonalds, etc)

$11.02 CA$15

$7.58 PAB 7.58

45.38%

Cappuccino

$3.75 CA$5.11

$3.55 PAB 3.55

5.63%

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

$2.17 CA$2.95

$1.51 PAB 1.51

43.71%

Water (0.33 liter bottle)

$1.68 CA$2.29

$1.23 PAB 1.23

36.59%

Local Beer (0.5 liter draught)

$5.83 CA$7.94

$2.23 PAB 2.23

161.43%

Imported Beer (0.33 liter bottle)

$5.74 CA$7.81

$3.73 PAB 3.73

53.89%

Milk (1 liter)

$2.24 CA$3.04

$1.83 PAB 1.83

22.40%

White Bread (500g)

$2.66 CA$3.62

$2.41 PAB 2.41

10.37%

Rice (white) (1kg)

$3.6 CA$4.9

$2.27 PAB 2.27

58.59%

Eggs

$3.53 CA$4.8

$2.7 PAB 2.7

30.74%

Local Cheese (1kg)

$11.32 CA$15.41

$11.54 PAB 11.54

-1.91%

Chicken Fillets (1kg)

$12.46 CA$16.96

$7.39 PAB 7.39

68.61%

Beef Round Steak (1kg)

$15.28 CA$20.8

$9.36 PAB 9.36

63.25%

Apples (1kg)

$4.17 CA$5.68

$3.89 PAB 3.89

7.20%

Banana (1kg)

$1.5 CA$2.05

$1.37 PAB 1.37

9.49%

Oranges (1kg)

$4 CA$5.45

$2.89 PAB 2.89

38.41%

Tomato (1kg)

$4.07 CA$5.54

$3.05 PAB 3.05

33.44%

Potato (1kg)

$2.78 CA$3.78

$2.1 PAB 2.1

32.38%

Onion (1kg)

$2.73 CA$3.72

$2.46 PAB 2.46

10.98%

Lettuce (1 head)

$2.63 CA$3.58

$2.14 PAB 2.14

22.90%

Water (1.5 liter bottle)

$1.82 CA$2.48

$1.6 PAB 1.6

13.75%

Cigarettes 20 Pack (Marlboro, Camel)

$14.61 CA$19.88

$5.88 PAB 5.88

148.47%

Wine (Bottle)

$13.08 CA$17.8

$10.17 PAB 10.17

28.61%

Local Beer (0.5 liter bottle)

$3.01 CA$4.1

$1.24 PAB 1.24

142.74%

Imported Beer (0.33 liter bottle)

$3.34 CA$4.55

$2.22 PAB 2.22

50.45%

One-way Ticket (Public Transport)

$2.56 CA$3.49

$0.52 PAB 0.52

392.31%

Public Transport Monthly Pass (Regular Price)

$78.4 CA$107

$25.45 PAB 25.45

207.94%

Taxi Start (Normal Tariff)

$3.55 CA$4.83

$2.05 PAB 2.05

73.17%

Taxi (Normal Tariff) (1km)

$1.55 CA$2.11

$1.99 PAB 1.99

-22.11%

Taxi 1hour Waiting (Normal Tariff)

$28.91 CA$39.35

$20.72 PAB 20.72

39.53%

Gasoline (1 liter)

$1.16 CA$1.58

$0.96 PAB 0.96

20.83%

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

$24.6K CA$33.5K

$21.3K PAB 21.3K

15.25%

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

$20.9K CA$28.5K

$20.9K PAB 20.9K

0.04%

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

$155 CA$211

$108 PAB 108

43.75%

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

$45.2 CA$61.5

$29.43 PAB 29.43

53.58%

Internet (50+ Mbps, Unlimited Data)

$62.4 CA$84.9

$47.41 PAB 47.41

31.60%

Gym Membership (Monthly)

$42.82 CA$58.3

$49.24 PAB 49.24

-13.04%

Tennis Court (1 Hour on Weekend)

$17.72 CA$24.11

$33.72 PAB 33.72

-47.45%

Cinema Ticket

$11.25 CA$15.31

$7.11 PAB 7.11

58.23%

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

$804 CA$1,094

$439 PAB 439

83.05%

International Primary School, 1 Child (Yearly)

$12K CA$16.4K

$11.6K PAB 11.6K

4.12%

Jeans (Levis 501 Or Similar)

$56.7 CA$77.2

$47.07 PAB 47.07

20.40%

Summer Dress (H&M, Zara, etc)

$41.61 CA$56.6

$40.77 PAB 40.77

2.06%

Sport Shoes (Adidas, Nike)

$90.2 CA$123

$85 PAB 85

6.17%

Men's Leather Business Shoes

$108 CA$147

$116 PAB 116

-6.91%

1-bedroom Apartment, City Center (Monthly)

$1,364 CA$1,857

$923 PAB 923

47.73%

1-bedroom Apartment, Outside City Center (Monthly)

$1,208 CA$1,645

$711 PAB 711

69.97%

3-bedroom Apartment, City Center (Monthly)

$2,179 CA$2,966

$1,745 PAB 1,745

24.86%

3-bedroom Apartment, Outside City Center (Monthly)

$1,835 CA$2,497

$1,378 PAB 1,378

33.10%

Buy Apartment in City Center (m2)

$6,152 CA$8,374

$1,884 PAB 1,884

226.55%

Buy Apartment Outside City Center (m2)

$4,409 CA$6,001

$1,502 PAB 1,502

193.49%

Average Monthly Net Salary (After Tax)

$2,867 CA$3,903

$807 PAB 807

255.18%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.33

6.3

0.48%

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

Last update for Canada: October 28, 2025

Last update for Panama: October 28, 2025

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