Last update: Oct 2026

Cost of Living Comparison Between Dartmouth and Panama City

For one person, living is cheaper in Panama City: $1,855 a month against $1,993 in Dartmouth, rent and utilities included – about $1,700 less a year. Rent and utilities account for most of the difference.

96

Cost of Living Index in Dartmouth
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Dartmouth Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Dartmouth

🇨🇦 Canada

$1,993

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

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

A single person spends $1,993 per month in Dartmouth vs $1,855 in Panama City, rent included.

Dartmouth $1,993
Panama City $1,855

A couple spends around $2,990 per month in Dartmouth vs $2,804 in Panama City, rent included.

Dartmouth $2,990
Panama City $2,804

A family of three spends $3,987 per month in Dartmouth vs $3,753 in Panama City, rent included.

Dartmouth $3,987
Panama City $3,753

Dartmouth costs about 7% more than Panama City, and outside of rent the biggest gap is in clothing.

Both Dartmouth and Panama City sit above the global median – Dartmouth by 48%, Panama City by 37%.

Meal at Budget Restaurant

$10.55 CA$15.00

$11.63 PAB 11.63

-9.29%

Three-Course Dinner for Two, Mid-Range

$58.5 CA$83.2

$47.92 PAB 47.92

22.04%

Fast Food Meal (McDonalds, etc)

$6.96 CA$9.89

$7.96 PAB 7.96

-12.56%

Cappuccino

$3.56 CA$5.07

$4.22 PAB 4.22

-15.64%

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

$2.00 CA$2.84

$2.01 PAB 2.01

-0.50%

Water (0.33 liter bottle)

$1.88 CA$2.68

$1.56 PAB 1.56

20.51%

Local Beer (0.5 liter draught)

$4.45 CA$6.33

$3.39 PAB 3.39

31.27%

Imported Beer (0.33 liter bottle)

$5.70 CA$8.10

$3.94 PAB 3.94

44.67%

Milk (1 liter)

$2.38 CA$3.38

$1.85 PAB 1.85

28.65%

White Bread (500g)

$2.04 CA$2.91

$2.56 PAB 2.56

-20.31%

Rice (white) (1kg)

$3.31 CA$4.71

$3.48 PAB 3.48

-4.89%

Eggs

$3.49 CA$4.96

$2.69 PAB 2.69

29.74%

Local Cheese (1kg)

$7.64 CA$10.86

$12.57 PAB 12.57

-39.22%

Chicken Fillets (1kg)

$9.18 CA$13.05

$6.83 PAB 6.83

34.41%

Beef Round Steak (1kg)

$10.37 CA$14.74

$10.58 PAB 10.58

-1.98%

Apples (1kg)

$3.38 CA$4.80

$4.18 PAB 4.18

-19.14%

Banana (1kg)

$1.52 CA$2.16

$1.83 PAB 1.83

-16.94%

Oranges (1kg)

$4.47 CA$6.36

$4.20 PAB 4.20

6.43%

Tomato (1kg)

$5.75 CA$8.17

$4.03 PAB 4.03

42.68%

Potato (1kg)

$2.03 CA$2.88

$3.48 PAB 3.48

-41.67%

Onion (1kg)

$2.11 CA$3.00

$4.22 PAB 4.22

-50.00%

Lettuce (1 head)

$2.48 CA$3.53

$2.41 PAB 2.41

2.90%

Water (1.5 liter bottle)

$2.13 CA$3.02

$1.69 PAB 1.69

26.04%

Cigarettes 20 Pack (Marlboro, Camel)

$13.95 CA$19.83

$6.14 PAB 6.14

127.20%

Wine (Bottle)

$14.17 CA$20.15

$11.30 PAB 11.30

25.40%

Local Beer (0.5 liter bottle)

$3.35 CA$4.77

$1.42 PAB 1.42

135.92%

Imported Beer (0.33 liter bottle)

$3.87 CA$5.50

$2.73 PAB 2.73

41.76%

One-way Ticket (Public Transport)

$1.97 CA$2.80

$0.33 PAB 0.33

496.97%

Public Transport Monthly Pass (Regular Price)

$59.6 CA$84.7

$21.23 PAB 21.23

180.55%

Taxi Start (Normal Tariff)

$2.76 CA$3.92

$2.52 PAB 2.52

9.52%

Taxi (Normal Tariff) (1km)

$1.32 CA$1.87

$1.86 PAB 1.86

-29.03%

Taxi 1hour Waiting (Normal Tariff)

$21.34 CA$30.34

$21.78 PAB 21.78

-2.02%

Gasoline (1 liter)

$1.12 CA$1.59

$1.25 PAB 1.25

-10.40%

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

$28.0K CA$39.8K

$21.2K PAB 21.2K

31.71%

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

$18.9K CA$26.8K

$21.0K PAB 21.0K

-10.27%

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

$77.5 CA$110

$130 PAB 130

-40.35%

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

$41.92 CA$59.6

$28.13 PAB 28.13

49.02%

Internet (50+ Mbps, Unlimited Data)

$63.3 CA$90.0

$48.21 PAB 48.21

31.30%

Gym Membership (Monthly)

$35.19 CA$50.0

$45.78 PAB 45.78

-23.13%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

Cinema Ticket

$12.41 CA$17.64

$8.67 PAB 8.67

43.14%

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

$373 CA$530

$544 PAB 544

-31.47%

International Primary School, 1 Child (Yearly)

$13.2K CA$18.8K

$9,697 PAB 9,697

36.17%

Jeans (Levis 501 Or Similar)

$39.41 CA$56.0

$66.8 PAB 66.8

-40.96%

Summer Dress (H&M, Zara, etc)

$33.13 CA$47.11

$49.14 PAB 49.14

-32.58%

Sport Shoes (Adidas, Nike)

$66.7 CA$94.8

$93.9 PAB 93.9

-28.94%

Men's Leather Business Shoes

$74.6 CA$106

$112 PAB 112

-33.14%

1-bedroom Apartment, City Center (Monthly)

$1,215 CA$1,727

$1,257 PAB 1,257

-3.38%

1-bedroom Apartment, Outside City Center (Monthly)

$1,037 CA$1,475

$875 PAB 875

18.55%

3-bedroom Apartment, City Center (Monthly)

$1,956 CA$2,781

$2,155 PAB 2,155

-9.25%

3-bedroom Apartment, Outside City Center (Monthly)

$1,818 CA$2,585

$1,564 PAB 1,564

16.26%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

Average Monthly Net Salary (After Tax)

$2,539 CA$3,610

$916 PAB 916

177.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.6

6.39

-28.01%

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

Last update for Dartmouth: October 13, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Dartmouth

$1K 52.1%

Panama City

$875 47.2% 15.6% $162

Groceries & Markets

Dartmouth

$343 17.2%

Panama City

$325 17.5% 5.1% $17

Eating Out

Dartmouth

$197 9.9%

Panama City

$207 11.1% 4.8% $9.5

Monthly Utilities & Internet

Dartmouth

$183 9.2%

Panama City

$206 11.1% 12.9% $24

Clothing & Footwear

Dartmouth

$96 4.8%

Panama City

$145 7.8% 50.3% $48

Getting Around

Dartmouth

$77 3.9%

Panama City

$34 1.9% 55.2% $42

Sport & Entertainment

Dartmouth

$60 3%

Panama City

$63 3.4% 5.2% $3.1

Cost Breakdown

A central one-bedroom costs $1,215 in Dartmouth versus $1,257 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 run about 177% higher in Dartmouth, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $58.0 in Dartmouth versus $48.00 in Panama City. Monthly groceries follow the same trend: $343 vs $325 – making Panama City the more affordable choice for daily food spending.

Good to know

🇨🇦 Dartmouth

🇵🇦 Panama City

🕒 Local time

20:28 8:28 PM

18:28 6:28 PM

2 h behind Dartmouth

🌤 Weather

👥 Population

70,000

1,086,990 Capital

💱 Currency

Canadian Dollar CAD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 CAD = 0.703 USD

1 CAD = 0.628 EUR

1 PAB = 1 USD

1 PAB = 0.893 EUR

Exchange rates and currency converter

PAB, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 14, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

Panamanian Balboa exchange rates as of October 14, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.893 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Dartmouth Panama City 4,260 km ≈ 6 h nonstop flight

From you

Dartmouth
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

Dartmouth vs Panama City: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,993 in Dartmouth, $1,855 in Panama City – roughly 7% apart. Outside of rent, the biggest gap is in clothing.

For a comfortable life, plan on about $2,989 per month in Dartmouth and $2,783 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Panama City, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,993 in Dartmouth and $1,855 in Panama City. That's a gap of about 7%.

Public transport costs about 181% less in Panama City. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,855, than in Dartmouth at $1,993. In Panama City it covers expenses comfortably, while in Dartmouth it requires careful planning or may not stretch far enough.

It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $1,855 in Panama City to $1,993 in Dartmouth. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Panama City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Dartmouth makes more sense. Both are solid long-term options with distinct trade-offs.