Last update: Nov 2026

Cost of Living Comparison Between Cheyenne, WY and Panama City

For one person, living costs are similar in Cheyenne, WY and in Panama City: $1,944 and $1,972 a month, rent and utilities included.

94

Cost of Living Index in Cheyenne, WY
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Cheyenne, WY Living Index
95

Cost of Living Index in Panama City
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Panama City Living Index

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Cheyenne, WY

🇺🇸 United States

$1,944

/mo nomad

Panama City

🇵🇦 Panama

$1,972

/mo nomad

Monthly Cost of Living

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

A single person spends $1,944 per month in Cheyenne, WY vs $1,972 in Panama City, rent included.

Cheyenne, WY $1,944
Panama City $1,972

A couple spends around $3,218 per month in Cheyenne, WY vs $2,930 in Panama City, rent included.

Cheyenne, WY $3,218
Panama City $2,930

A family of three spends $4,492 per month in Cheyenne, WY vs $3,888 in Panama City, rent included.

Cheyenne, WY $4,492
Panama City $3,888

Cheyenne, WY and Panama City have comparable living costs – the differences are in the details.

Both Cheyenne, WY and Panama City sit above the global median – Cheyenne, WY by 44%, Panama City by 46%.

Meal at Budget Restaurant

$16.60 $16.60

$11.37 PAB 11.37

46.00%

Three-Course Dinner for Two, Mid-Range

$51.8 $51.8

$46.69 PAB 46.69

11.01%

Fast Food Meal (McDonalds, etc)

$7.70 $7.70

$7.98 PAB 7.98

-3.51%

Cappuccino

$4.97 $4.97

$4.12 PAB 4.12

20.63%

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

$1.02 $1.02

$2.01 PAB 2.01

-49.25%

Water (0.33 liter bottle)

$1.02 $1.02

$1.57 PAB 1.57

-35.03%

Local Beer (0.5 liter draught)

$3.94 $3.94

$3.28 PAB 3.28

20.12%

Imported Beer (0.33 liter bottle)

$4.01 $4.01

$3.88 PAB 3.88

3.35%

Milk (1 liter)

$0.88 $0.88

$1.82 PAB 1.82

-51.65%

White Bread (500g)

$4.31 $4.31

$2.61 PAB 2.61

65.13%

Rice (white) (1kg)

$1.85 $1.85

$3.45 PAB 3.45

-46.38%

Eggs

$2.90 $2.90

$2.68 PAB 2.68

8.21%

Local Cheese (1kg)

$8.59 $8.59

$12.42 PAB 12.42

-30.84%

Chicken Fillets (1kg)

$6.46 $6.46

$6.73 PAB 6.73

-4.01%

Beef Round Steak (1kg)

$13.22 $13.22

$10.44 PAB 10.44

26.63%

Apples (1kg)

$2.91 $2.91

$4.21 PAB 4.21

-30.88%

Banana (1kg)

$1.39 $1.39

$1.95 PAB 1.95

-28.72%

Oranges (1kg)

$6.00 $6.00

$4.07 PAB 4.07

47.42%

Tomato (1kg)

$6.14 $6.14

$4.02 PAB 4.02

52.74%

Potato (1kg)

$3.95 $3.95

$3.46 PAB 3.46

14.16%

Onion (1kg)

$3.84 $3.84

$4.42 PAB 4.42

-13.12%

Lettuce (1 head)

$2.27 $2.27

$2.43 PAB 2.43

-6.58%

Water (1.5 liter bottle)

$1.28 $1.28

$1.72 PAB 1.72

-25.58%

Cigarettes 20 Pack (Marlboro, Camel)

$8.28 $8.28

$6.04 PAB 6.04

37.09%

Wine (Bottle)

$17.03 $17.03

$11.68 PAB 11.68

45.80%

Local Beer (0.5 liter bottle)

$1.77 $1.77

$1.41 PAB 1.41

25.53%

Imported Beer (0.33 liter bottle)

$5.11 $5.11

$2.74 PAB 2.74

86.50%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

Public Transport Monthly Pass (Regular Price)

$20.65 PAB 20.65

Taxi Start (Normal Tariff)

$2.48 $2.48

$2.45 PAB 2.45

1.22%

Taxi (Normal Tariff) (1km)

$1.37 $1.37

$1.76 PAB 1.76

-22.16%

Taxi 1hour Waiting (Normal Tariff)

$23.66 $23.66

$21.86 PAB 21.86

8.23%

Gasoline (1 liter)

$0.94 $0.94

$1.20 PAB 1.20

-21.67%

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

$28.5K $28.5K

$24.6K PAB 24.6K

16.09%

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

$23.9K $23.9K

$20.9K PAB 20.9K

14.61%

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

$184 $184

$132 PAB 132

39.27%

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

$43.60 $43.60

$27.89 PAB 27.89

56.33%

Internet (50+ Mbps, Unlimited Data)

$72.7 $72.7

$49.10 PAB 49.10

47.98%

Gym Membership (Monthly)

$44.53 PAB 44.53

Tennis Court (1 Hour on Weekend)

$34.01 PAB 34.01

Cinema Ticket

$7.89 $7.89

$8.70 PAB 8.70

-9.31%

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

$1,935 $1,935

$537 PAB 537

260.47%

International Primary School, 1 Child (Yearly)

$32.3K $32.3K

$20.5K PAB 20.5K

57.39%

Jeans (Levis 501 Or Similar)

$65.4 $65.4

$65.8 PAB 65.8

-0.65%

Summer Dress (H&M, Zara, etc)

$47.82 $47.82

$48.45 PAB 48.45

-1.30%

Sport Shoes (Adidas, Nike)

$81.2 $81.2

$95.4 PAB 95.4

-14.85%

Men's Leather Business Shoes

$111 $111

$114 PAB 114

-2.56%

1-bedroom Apartment, City Center (Monthly)

$1,079 $1,079

$1,405 PAB 1,405

-23.19%

1-bedroom Apartment, Outside City Center (Monthly)

$888 $888

$994 PAB 994

-10.72%

3-bedroom Apartment, City Center (Monthly)

$2,502 $2,502

$2,221 PAB 2,221

12.64%

3-bedroom Apartment, Outside City Center (Monthly)

$2,235 $2,235

$1,714 PAB 1,714

30.42%

Buy Apartment in City Center (m2)

$2,125 $2,125

$3,139 PAB 3,139

-32.31%

Buy Apartment Outside City Center (m2)

$2,097 $2,097

$1,724 PAB 1,724

21.67%

Average Monthly Net Salary (After Tax)

$4,236 $4,236

$936 PAB 936

352.62%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.4

6.39

0.16%

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

Last update for Cheyenne, WY: November 2, 2026

Last update for Panama City: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Cheyenne, WY

$888 45.7%

Panama City

$994 50.4% 12% $107

Groceries & Markets

Cheyenne, WY

$343 17.7%

Panama City

$326 16.5% 5.1% $18

Monthly Utilities & Internet

Cheyenne, WY

$300 15.4%

Panama City

$209 10.6% 30.4% $91

Eating Out

Cheyenne, WY

$251 12.9%

Panama City

$203 10.3% 19.3% $49

Clothing & Footwear

Cheyenne, WY

$137 7.1%

Panama City

$145 7.4% 5.9% $8.2

Sport & Entertainment

Cheyenne, WY

$16 * 0.8%

Panama City

$62 3.1% 292% $46

Getting Around

Cheyenne, WY

$9.3 * 0.5%

Panama City

$33 1.7% 256% $24

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

Cost Breakdown

A central one-bedroom costs $1,079 in Cheyenne, WY versus $1,405 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 in Cheyenne, WY are about 4.5 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $52 in Cheyenne, WY versus $47 in Panama City. Monthly groceries follow the same trend: $343 vs $326 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Cheyenne, WY

🇵🇦 Panama City

🕒 Local time

06:19 6:19 AM

08:19 8:19 AM

2 h ahead of Cheyenne, WY

🌤 Weather

👥 Population

65,035

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

Cheyenne, WY Panama City 4,360 km ≈ 6 h nonstop flight

From you

Cheyenne, WY
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

Cheyenne, WY vs Panama City: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $2,917 per month in Cheyenne, WY and $2,958 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Cheyenne, WY, especially for central apartments: a one-bedroom in the center costs $1,079 there versus $1,405 in Panama City.

Kindergarten costs $1,935 per month in Cheyenne, WY and $537 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Interestingly, groceries are about 5% cheaper in Panama City – one category where the pricier city actually offers better value.

$3,000 covers both cities comfortably – all-in costs are $1,944 in Cheyenne, WY and $1,972 in Panama City, leaving budget for savings and extras in both cases.

It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $1,944 in Cheyenne, WY to $1,972 in Panama City. Climate, culture, job market, and personal taste all factor in.