Last update: Nov 2026

Cost of Living Comparison Between Cedar City, UT and Panama City

For one person, living is cheaper in Panama City: $1,972 a month against $2,301 in Cedar City, UT, rent and utilities included – about $3,900 less a year. The total is higher in Cedar City, UT despite lower rent and utilities.

110

Cost of Living Index in Cedar City, UT
Learn more

Cedar City, UT Living Index
95

Cost of Living Index in Panama City
Learn more

Panama City Living Index

Jump to prices

Cedar City, UT

🇺🇸 United States

$2,301

/mo nomad

Panama City

🇵🇦 Panama

$1,972

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,301 in Cedar City, UT versus $1,972 in Panama City.

Cedar City, UT $2,301
Panama City $1,972

Estimated couple costs with rent: $3,578 in Cedar City, UT versus $2,930 in Panama City.

Cedar City, UT $3,578
Panama City $2,930

Monthly costs for a family of three with rent: $4,854 in Cedar City, UT versus $3,888 in Panama City.

Cedar City, UT $4,854
Panama City $3,888

Living in Cedar City, UT is roughly 17% 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: Cedar City, UT 70% above, Panama City 46% above.

Meal at Budget Restaurant

$23.91 $23.91

$11.37 PAB 11.37

110.29%

Three-Course Dinner for Two, Mid-Range

$79.1 $79.1

$46.69 PAB 46.69

69.46%

Fast Food Meal (McDonalds, etc)

$14.94 $14.94

$7.98 PAB 7.98

87.22%

Cappuccino

$6.64 $6.64

$4.12 PAB 4.12

61.17%

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

$4.80 $4.80

$2.01 PAB 2.01

138.81%

Water (0.33 liter bottle)

$3.09 $3.09

$1.57 PAB 1.57

96.82%

Local Beer (0.5 liter draught)

$6.05 $6.05

$3.28 PAB 3.28

84.45%

Imported Beer (0.33 liter bottle)

$10.98 $10.98

$3.88 PAB 3.88

182.99%

Milk (1 liter)

$1.13 $1.13

$1.82 PAB 1.82

-37.91%

White Bread (500g)

$3.56 $3.56

$2.61 PAB 2.61

36.40%

Rice (white) (1kg)

$4.19 $4.19

$3.45 PAB 3.45

21.45%

Eggs

$3.69 $3.69

$2.68 PAB 2.68

37.69%

Local Cheese (1kg)

$18.01 $18.01

$12.42 PAB 12.42

45.01%

Chicken Fillets (1kg)

$16.17 $16.17

$6.73 PAB 6.73

140.27%

Beef Round Steak (1kg)

$18.69 $18.69

$10.44 PAB 10.44

79.02%

Apples (1kg)

$8.19 $8.19

$4.21 PAB 4.21

94.54%

Banana (1kg)

$2.42 $2.42

$1.95 PAB 1.95

24.10%

Oranges (1kg)

$8.01 $8.01

$4.07 PAB 4.07

96.81%

Tomato (1kg)

$3.74 $3.74

$4.02 PAB 4.02

-6.97%

Potato (1kg)

$1.74 $1.74

$3.46 PAB 3.46

-49.71%

Onion (1kg)

$2.35 $2.35

$4.42 PAB 4.42

-46.83%

Lettuce (1 head)

$2.25 $2.25

$2.43 PAB 2.43

-7.41%

Water (1.5 liter bottle)

$2.29 $2.29

$1.72 PAB 1.72

33.14%

Cigarettes 20 Pack (Marlboro, Camel)

$13.04 $13.04

$6.04 PAB 6.04

115.89%

Wine (Bottle)

$21.78 $21.78

$11.68 PAB 11.68

86.47%

Local Beer (0.5 liter bottle)

$1.91 $1.91

$1.41 PAB 1.41

35.46%

Imported Beer (0.33 liter bottle)

$4.78 $4.78

$2.74 PAB 2.74

74.45%

One-way Ticket (Public Transport)

$4.85 $4.85

$0.33 PAB 0.33

1369.70%

Public Transport Monthly Pass (Regular Price)

$40.11 $40.11

$20.65 PAB 20.65

94.24%

Taxi Start (Normal Tariff)

$2.45 PAB 2.45

Taxi (Normal Tariff) (1km)

$1.76 PAB 1.76

Taxi 1hour Waiting (Normal Tariff)

$21.86 PAB 21.86

Gasoline (1 liter)

$0.86 $0.86

$1.20 PAB 1.20

-28.33%

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

$36.9K $36.9K

$24.6K PAB 24.6K

50.35%

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

$24.8K $24.8K

$20.9K PAB 20.9K

18.59%

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

$170 $170

$132 PAB 132

29.27%

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

$33.51 $33.51

$27.89 PAB 27.89

20.15%

Internet (50+ Mbps, Unlimited Data)

$57.2 $57.2

$49.10 PAB 49.10

16.46%

Gym Membership (Monthly)

$54.1 $54.1

$44.53 PAB 44.53

21.42%

Tennis Court (1 Hour on Weekend)

$34.01 PAB 34.01

Cinema Ticket

$11.35 $11.35

$8.70 PAB 8.70

30.46%

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

$537 PAB 537

International Primary School, 1 Child (Yearly)

$20.5K PAB 20.5K

Jeans (Levis 501 Or Similar)

$56.6 $56.6

$65.8 PAB 65.8

-13.92%

Summer Dress (H&M, Zara, etc)

$51.0 $51.0

$48.45 PAB 48.45

5.18%

Sport Shoes (Adidas, Nike)

$101 $101

$95.4 PAB 95.4

5.65%

Men's Leather Business Shoes

$149 $149

$114 PAB 114

31.49%

1-bedroom Apartment, City Center (Monthly)

$1,071 $1,071

$1,405 PAB 1,405

-23.73%

1-bedroom Apartment, Outside City Center (Monthly)

$859 $859

$994 PAB 994

-13.62%

3-bedroom Apartment, City Center (Monthly)

$1,915 $1,915

$2,221 PAB 2,221

-13.78%

3-bedroom Apartment, Outside City Center (Monthly)

$1,609 $1,609

$1,714 PAB 1,714

-6.10%

Buy Apartment in City Center (m2)

$2,651 $2,651

$3,139 PAB 3,139

-15.55%

Buy Apartment Outside City Center (m2)

$2,717 $2,717

$1,724 PAB 1,724

57.65%

Average Monthly Net Salary (After Tax)

$3,513 $3,513

$936 PAB 936

275.37%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.19

6.39

12.52%

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

Last update for Cedar City, UT: November 3, 2026

Last update for Panama City: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Cedar City, UT

$859 37.3%

Panama City

$994 50.4% 15.8% $135

Groceries & Markets

Cedar City, UT

$485 21.1%

Panama City

$326 16.5% 32.8% $159

Eating Out

Cedar City, UT

$399 17.4%

Panama City

$203 10.3% 49.2% $197

Monthly Utilities & Internet

Cedar City, UT

$261 11.3%

Panama City

$209 10.6% 20% $52

Clothing & Footwear

Cedar City, UT

$161 7%

Panama City

$145 7.4% 9.6% $16

Sport & Entertainment

Cedar City, UT

$77 3.3%

Panama City

$62 3.1% 19.3% $15

Getting Around

Cedar City, UT

$60 * 2.6%

Panama City

$33 1.7% 44.2% $26

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 $1,071 in Cedar City, UT and $1,405 in Panama City. Housing cost is often the main lever when comparing two cities.

Cedar City, UT pays about 3.8 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $79 in Cedar City, UT vs $47 in Panama City for a mid-range dinner for two. Groceries echo the gap at $485 vs $326 per month, with Panama City cheaper across the board.

Good to know

🇺🇸 Cedar City, UT

🇵🇦 Panama City

🕒 Local time

09:27 9:27 AM

11:27 11:27 AM

2 h ahead of Cedar City, UT

🌤 Weather

👥 Population

28,857

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 November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 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).

PAB to USD in detail →

On the map

Lowest

Highest

Between locations

Cedar City, UT Panama City 4,630 km ≈ 6 h nonstop flight

From you

Cedar City, UT
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

Cedar City, UT vs Panama City: Cost of Living - Frequently Asked Questions

Panama City is about 14% cheaper overall, especially in eating out, groceries, and transport. That difference adds up to real monthly savings that compound significantly over time.

Average pay in Cedar City, UT is about 3.8 times higher, 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: $1,071 in Cedar City, UT versus $1,405 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Panama City – a meal for two runs $47 versus $79 in Cedar City, UT. If you eat out regularly, this makes a real dent in your monthly spending.

A monthly transit pass in Panama City runs roughly 49% less than in Cedar City, UT. The price difference matters if you commute daily and watch your budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Panama City wins on affordability, Cedar City, UT on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.