Last update: Nov 2026

Cost of Living Comparison Between Coronado and Vancouver

For one person, living is cheaper in Coronado: $1,340 a month against $2,683 in Vancouver, rent and utilities included – about $16,100 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Vancouver
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Coronado

🇵🇦 Panama

$1,340

/mo nomad

Vancouver

🇨🇦 Canada

$2,683

/mo nomad

Monthly Cost of Living

How much you'll spend in Coronado and in Vancouver

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Coronado and in Vancouver actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,340 in Coronado versus $2,683 in Vancouver.

Coronado $1,340
Vancouver $2,683

Estimated couple costs with rent: $2,151 in Coronado versus $3,963 in Vancouver.

Coronado $2,151
Vancouver $3,963

Monthly costs for a family of three with rent: $2,961 in Coronado versus $5,244 in Vancouver.

Coronado $2,961
Vancouver $5,244

Living in Coronado costs roughly 50% less than in Vancouver, and outside of rent the biggest gap is in groceries.

Meal at Budget Restaurant

$12.14 PAB 12.14

$18.10 CA$25.37

-32.93%

Three-Course Dinner for Two, Mid-Range

$55.2 PAB 55.2

$71.0 CA$99.5

-22.25%

Fast Food Meal (McDonalds, etc)

$8.72 PAB 8.72

$10.57 CA$14.81

-17.50%

Cappuccino

$3.83 PAB 3.83

$3.97 CA$5.56

-3.53%

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

$1.21 PAB 1.21

$2.07 CA$2.90

-41.55%

Water (0.33 liter bottle)

$0.93 PAB 0.93

$1.85 CA$2.59

-49.73%

Local Beer (0.5 liter draught)

$1.01 PAB 1.01

$5.67 CA$7.95

-82.19%

Imported Beer (0.33 liter bottle)

$2.55 PAB 2.55

$6.61 CA$9.27

-61.42%

Milk (1 liter)

$1.93 PAB 1.93

$2.16 CA$3.02

-10.65%

White Bread (500g)

$1.60 PAB 1.60

$2.58 CA$3.62

-37.98%

Rice (white) (1kg)

$4.30 CA$6.02

Eggs

$2.32 PAB 2.32

$4.09 CA$5.74

-43.28%

Local Cheese (1kg)

$11.92 PAB 11.92

$12.12 CA$16.98

-1.65%

Chicken Fillets (1kg)

$6.60 PAB 6.60

$13.28 CA$18.62

-50.30%

Beef Round Steak (1kg)

$9.48 PAB 9.48

$20.11 CA$28.19

-52.86%

Apples (1kg)

$3.96 CA$5.56

Banana (1kg)

$0.92 PAB 0.92

$1.43 CA$2.00

-35.66%

Oranges (1kg)

$2.92 PAB 2.92

$3.71 CA$5.20

-21.29%

Tomato (1kg)

$2.88 PAB 2.88

$3.92 CA$5.50

-26.53%

Potato (1kg)

$1.79 PAB 1.79

$2.87 CA$4.02

-37.63%

Onion (1kg)

$1.93 PAB 1.93

$2.98 CA$4.17

-35.23%

Lettuce (1 head)

$2.57 PAB 2.57

$2.61 CA$3.66

-1.53%

Water (1.5 liter bottle)

$1.63 CA$2.29

Cigarettes 20 Pack (Marlboro, Camel)

$15.94 CA$22.35

Wine (Bottle)

$8.37 PAB 8.37

$14.25 CA$19.97

-41.26%

Local Beer (0.5 liter bottle)

$0.68 PAB 0.68

$2.52 CA$3.54

-73.02%

Imported Beer (0.33 liter bottle)

$0.69 PAB 0.69

$2.87 CA$4.03

-75.96%

One-way Ticket (Public Transport)

$0.67 PAB 0.67

$2.57 CA$3.60

-73.93%

Public Transport Monthly Pass (Regular Price)

$84.4 CA$118

Taxi Start (Normal Tariff)

$1.51 PAB 1.51

$2.74 CA$3.85

-44.89%

Taxi (Normal Tariff) (1km)

$1.46 PAB 1.46

$1.63 CA$2.28

-10.43%

Taxi 1hour Waiting (Normal Tariff)

$31.90 CA$44.71

Gasoline (1 liter)

$1.00 PAB 1.00

$1.46 CA$2.04

-31.51%

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

$26.7K CA$37.4K

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

$34.4K PAB 34.4K

$21.0K CA$29.5K

63.61%

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

$168 PAB 168

$88.2 CA$124

90.08%

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

$21.47 PAB 21.47

$36.72 CA$51.5

-41.53%

Internet (50+ Mbps, Unlimited Data)

$58.4 PAB 58.4

$49.81 CA$69.8

17.31%

Gym Membership (Monthly)

$59.1 PAB 59.1

$45.34 CA$63.6

30.41%

Tennis Court (1 Hour on Weekend)

$12.13 CA$17.00

Cinema Ticket

$3.43 PAB 3.43

$12.55 CA$17.59

-72.67%

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

$1,055 CA$1,479

International Primary School, 1 Child (Yearly)

$28.5K CA$39.9K

Jeans (Levis 501 Or Similar)

$45.81 PAB 45.81

$56.4 CA$79.1

-18.79%

Summer Dress (H&M, Zara, etc)

$34.37 CA$48.18

Sport Shoes (Adidas, Nike)

$89.8 CA$126

Men's Leather Business Shoes

$65.0 PAB 65.0

$94.3 CA$132

-31.14%

1-bedroom Apartment, City Center (Monthly)

$750 PAB 750

$1,738 CA$2,436

-56.83%

1-bedroom Apartment, Outside City Center (Monthly)

$563 PAB 563

$1,528 CA$2,143

-63.17%

3-bedroom Apartment, City Center (Monthly)

$1,261 PAB 1,261

$3,107 CA$4,355

-59.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,259 PAB 1,259

$2,547 CA$3,570

-50.57%

Buy Apartment in City Center (m2)

$8,540 CA$12.0K

Buy Apartment Outside City Center (m2)

$1,984 PAB 1,984

$6,328 CA$8,870

-68.64%

Average Monthly Net Salary (After Tax)

$449 PAB 449

$3,770 CA$5,284

-88.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.24

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

Last update for Coronado: November 1, 2026

Last update for Vancouver: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Coronado

–

Vancouver

$1.5K 57%

Groceries & Markets

Coronado

–

Vancouver

$398 14.9%

Eating Out

Coronado

–

Vancouver

$281 10.5%

Monthly Utilities & Internet

Coronado

–

Vancouver

$175 6.5%

Clothing & Footwear

Coronado

–

Vancouver

$124 4.6%

Getting Around

Coronado

–

Vancouver

$106 3.9%

Sport & Entertainment

Coronado

–

Vancouver

$70 2.6%

Cost Breakdown

A one-bedroom apartment in the center runs $750 in Coronado and $1,738 in Vancouver. Housing cost is often the main lever when comparing two cities.

Vancouver pays about 8.4 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $55 in Coronado vs $71 in Vancouver for a mid-range dinner for two. Groceries echo the gap at $214 vs $398 per month, with Coronado cheaper across the board.

Good to know

🇵🇦 Coronado

🇨🇦 Vancouver

🕒 Local time

22:55 10:55 PM

20:55 8:55 PM

2 h behind Coronado

🌤 Weather

👥 Population

1,444

631,486

💱 Currency

Panamanian Balboa PAB B/.

Canadian Dollar CAD $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.891 EUR

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

Exchange rates and currency converter

CAD, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of November 6, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.891 EUR).

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

USD to PAB in detail →

On the map

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Between locations

Coronado Vancouver 6,040 km ≈ 8 h nonstop flight

From you

Coronado
Vancouver

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

Coronado vs Vancouver: Cost of Living - Frequently Asked Questions

Coronado wins on cost – living expenses run 50% lower than in Vancouver. Housing and daily spending are where you’ll feel the difference most, making Coronado the obvious pick if budget is a priority.

On paper, salaries run 88% lower in Coronado. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $750 in Coronado versus $1,738 in Vancouver. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $1,340 per month in Coronado versus $2,683 in Vancouver – Coronado is about 50% cheaper, which adds up to real savings over time.

Supermarket bills run roughly 86% higher in Vancouver. For households that cook at home regularly, that difference adds up over a month.

Both cities are expensive relative to $1,000. Coronado is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

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 – Coronado wins on affordability, Vancouver on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.