Last update: Oct 2026

Cost of Living Comparison Between Creswell, OR and Panama City

For one person, living is cheaper in Panama City: $1,932 a month against $2,591 in Creswell, OR, rent and utilities included – about $7,900 less a year. Rent and utilities account for most of the difference.

126

Cost of Living Index in Creswell, OR
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Creswell, OR Living Index
94

Cost of Living Index in Panama City
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Panama City Living Index

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Creswell, OR

🇺🇸 United States

$2,591

/mo nomad

Panama City

🇵🇦 Panama

$1,932

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,591 in Creswell, OR versus $1,932 in Panama City.

Creswell, OR $2,591
Panama City $1,932

Estimated couple costs with rent: $3,759 in Creswell, OR versus $2,887 in Panama City.

Creswell, OR $3,759
Panama City $2,887

Monthly costs for a family of three with rent: $4,928 in Creswell, OR versus $3,841 in Panama City.

Creswell, OR $4,928
Panama City $3,841

Living in Creswell, OR is roughly 34% 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: Creswell, OR 90% above, Panama City 42% above.

Meal at Budget Restaurant

$17.95 $17.95

$11.72 PAB 11.72

53.16%

Three-Course Dinner for Two, Mid-Range

$64.1 $64.1

$46.74 PAB 46.74

37.03%

Fast Food Meal (McDonalds, etc)

$13.11 $13.11

$7.98 PAB 7.98

64.29%

Cappuccino

$4.59 $4.59

$4.18 PAB 4.18

9.81%

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

$2.92 $2.92

$1.95 PAB 1.95

49.74%

Water (0.33 liter bottle)

$1.73 $1.73

$1.64 PAB 1.64

5.49%

Local Beer (0.5 liter draught)

$6.26 $6.26

$3.26 PAB 3.26

92.02%

Imported Beer (0.33 liter bottle)

$7.49 $7.49

$3.90 PAB 3.90

92.05%

Milk (1 liter)

$1.04 $1.04

$1.91 PAB 1.91

-45.55%

White Bread (500g)

$3.61 $3.61

$2.54 PAB 2.54

42.13%

Rice (white) (1kg)

$4.25 $4.25

$3.37 PAB 3.37

26.11%

Eggs

$4.12 $4.12

$2.82 PAB 2.82

46.10%

Local Cheese (1kg)

$12.09 $12.09

$12.60 PAB 12.60

-4.05%

Chicken Fillets (1kg)

$11.62 $11.62

$6.71 PAB 6.71

73.17%

Beef Round Steak (1kg)

$17.37 $17.37

$10.53 PAB 10.53

64.96%

Apples (1kg)

$5.10 $5.10

$4.04 PAB 4.04

26.24%

Banana (1kg)

$1.62 $1.62

$1.94 PAB 1.94

-16.49%

Oranges (1kg)

$4.20 $4.20

$4.25 PAB 4.25

-1.18%

Tomato (1kg)

$4.74 $4.74

$4.18 PAB 4.18

13.40%

Potato (1kg)

$2.86 $2.86

$3.32 PAB 3.32

-13.86%

Onion (1kg)

$3.13 $3.13

$4.34 PAB 4.34

-27.88%

Lettuce (1 head)

$2.13 $2.13

$2.40 PAB 2.40

-11.25%

Water (1.5 liter bottle)

$2.29 $2.29

$1.71 PAB 1.71

33.92%

Cigarettes 20 Pack (Marlboro, Camel)

$10.00 $10.00

$6.05 PAB 6.05

65.29%

Wine (Bottle)

$15.11 $15.11

$11.38 PAB 11.38

32.78%

Local Beer (0.5 liter bottle)

$1.99 $1.99

$1.36 PAB 1.36

46.32%

Imported Beer (0.33 liter bottle)

$3.26 $3.26

$2.80 PAB 2.80

16.43%

One-way Ticket (Public Transport)

$1.71 $1.71

$0.34 PAB 0.34

402.94%

Public Transport Monthly Pass (Regular Price)

$60.6 $60.6

$21.28 PAB 21.28

184.96%

Taxi Start (Normal Tariff)

$2.65 $2.65

$2.43 PAB 2.43

9.05%

Taxi (Normal Tariff) (1km)

$1.62 $1.62

$1.85 PAB 1.85

-12.43%

Taxi 1hour Waiting (Normal Tariff)

$31.05 $31.05

$21.77 PAB 21.77

42.63%

Gasoline (1 liter)

$1.30 $1.30

$1.20 PAB 1.20

8.33%

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

$29.4K $29.4K

$24.8K PAB 24.8K

18.74%

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

$26.0K $26.0K

$21.2K PAB 21.2K

22.69%

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

$197 $197

$132 PAB 132

48.87%

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

$58.1 $58.1

$28.34 PAB 28.34

104.83%

Internet (50+ Mbps, Unlimited Data)

$71.0 $71.0

$48.88 PAB 48.88

45.32%

Gym Membership (Monthly)

$39.80 $39.80

$43.02 PAB 43.02

-7.48%

Tennis Court (1 Hour on Weekend)

$34.94 PAB 34.94

Cinema Ticket

$13.91 $13.91

$8.43 PAB 8.43

65.01%

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

$1,269 $1,269

$545 PAB 545

132.72%

International Primary School, 1 Child (Yearly)

$24.2K $24.2K

$9,648 PAB 9,648

150.75%

Jeans (Levis 501 Or Similar)

$52.9 $52.9

$65.8 PAB 65.8

-19.67%

Summer Dress (H&M, Zara, etc)

$40.61 $40.61

$47.25 PAB 47.25

-14.05%

Sport Shoes (Adidas, Nike)

$88.6 $88.6

$94.6 PAB 94.6

-6.37%

Men's Leather Business Shoes

$114 $114

$110 PAB 110

3.96%

1-bedroom Apartment, City Center (Monthly)

$1,537 $1,537

$1,407 PAB 1,407

9.30%

1-bedroom Apartment, Outside City Center (Monthly)

$1,283 $1,283

$954 PAB 954

34.55%

3-bedroom Apartment, City Center (Monthly)

$2,586 $2,586

$2,272 PAB 2,272

13.83%

3-bedroom Apartment, Outside City Center (Monthly)

$2,109 $2,109

$1,662 PAB 1,662

26.94%

Buy Apartment in City Center (m2)

$2,499 $2,499

$3,057 PAB 3,057

-18.23%

Buy Apartment Outside City Center (m2)

$2,117 $2,117

$1,729 PAB 1,729

22.42%

Average Monthly Net Salary (After Tax)

$916 PAB 916

20-Year Fixed Mortgage Interest Rate (Annual %)

6.57

6.39

2.82%

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

Last update for Creswell, OR: October 25, 2026

Last update for Panama City: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Creswell, OR

$1.3K 49.5%

Panama City

$954 49.3% 25.7% $329

Groceries & Markets

Creswell, OR

$400 15.4%

Panama City

$326 16.9% 18.5% $74

Monthly Utilities & Internet

Creswell, OR

$326 12.6%

Panama City

$210 10.9% 35.7% $117

Eating Out

Creswell, OR

$303 11.7%

Panama City

$206 10.7% 31.9% $97

Clothing & Footwear

Creswell, OR

$133 5.1%

Panama City

$143 7.4% 7.2% $9.6

Getting Around

Creswell, OR

$78 3%

Panama City

$34 1.8% 56.1% $44

Sport & Entertainment

Creswell, OR

$68 2.6%

Panama City

$60 3.1% 11.4% $7.7

Cost Breakdown

A one-bedroom apartment in the center runs $1,537 in Creswell, OR and $1,407 in Panama City. Housing cost is often the main lever when comparing two cities.

Dining out: $64 in Creswell, OR vs $47 in Panama City for a mid-range dinner for two. Groceries echo the gap at $400 vs $326 per month, with Panama City cheaper across the board.

Good to know

🇺🇸 Creswell, OR

🇵🇦 Panama City

🕒 Local time

18:19 6:19 PM

20:19 8:19 PM

2 h ahead of Creswell, OR

🌤 Weather

👥 Population

5,600

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.898 EUR

1 PAB = 1 USD

1 PAB = 0.898 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 October 29, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

Panamanian Balboa exchange rates as of October 29, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.11 PAB (1 PAB = 0.898 EUR).

PAB to USD in detail →

On the map

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Between locations

Creswell, OR Panama City 5,710 km ≈ 8 h nonstop flight

From you

Creswell, OR
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

Creswell, OR vs Panama City: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,591 in Creswell, OR and $1,932 in Panama City, so Panama City is about 25% cheaper – a gap that matters a lot on a fixed or modest income.

You’d need roughly $3,886 in Creswell, OR and $2,899 in Panama City to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,537 in Creswell, OR versus $1,407 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 23% higher in Creswell, OR. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Panama City – a meal for two runs $47 versus $64 in Creswell, OR. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,932 in Panama City versus $2,591 in Creswell, OR, a $2,500 budget is realistic in Panama City but tight or insufficient in Creswell, OR. The gap between the two cities makes Panama City the clear choice for anyone on this 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.

Expats usually find Panama City gentler on the wallet – expenses run 25% less than in Creswell, OR. Beyond cost, consider language, visa policies, and how big the international community is in each city.