Last update: Oct 2026

Cost of Living Comparison Between Dawson City and Panama City

For one person, living costs are similar in Dawson City and in Panama City: $1,888 and $1,855 a month, rent and utilities included.

91

Cost of Living Index in Dawson City
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Dawson City Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Dawson City

🇨🇦 Canada

$1,888

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

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

A single person spends $1,888 per month in Dawson City vs $1,855 in Panama City, rent included.

Dawson City $1,888
Panama City $1,855

A couple spends around $3,267 per month in Dawson City vs $2,804 in Panama City, rent included.

Dawson City $3,267
Panama City $2,804

A family of three spends $4,647 per month in Dawson City vs $3,753 in Panama City, rent included.

Dawson City $4,647
Panama City $3,753

Dawson City costs about 2% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Dawson City and Panama City sit above the global median – Dawson City by 40%, Panama City by 37%.

Meal at Budget Restaurant

$24.14 CA$34.12

$11.63 PAB 11.63

107.57%

Three-Course Dinner for Two, Mid-Range

$102 CA$144

$47.92 PAB 47.92

111.96%

Fast Food Meal (McDonalds, etc)

$10.41 CA$14.71

$7.96 PAB 7.96

30.78%

Cappuccino

$3.74 CA$5.29

$4.22 PAB 4.22

-11.37%

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

$1.78 CA$2.52

$2.01 PAB 2.01

-11.44%

Water (0.33 liter bottle)

$1.57 CA$2.22

$1.56 PAB 1.56

0.64%

Local Beer (0.5 liter draught)

$5.19 CA$7.34

$3.39 PAB 3.39

53.10%

Imported Beer (0.33 liter bottle)

$5.55 CA$7.84

$3.94 PAB 3.94

40.86%

Milk (1 liter)

$2.62 CA$3.70

$1.85 PAB 1.85

41.62%

White Bread (500g)

$4.11 CA$5.81

$2.56 PAB 2.56

60.55%

Rice (white) (1kg)

$4.95 CA$6.99

$3.48 PAB 3.48

42.24%

Eggs

$5.00 CA$7.06

$2.69 PAB 2.69

85.87%

Local Cheese (1kg)

$9.66 CA$13.66

$12.57 PAB 12.57

-23.15%

Chicken Fillets (1kg)

$14.61 CA$20.65

$6.83 PAB 6.83

113.91%

Beef Round Steak (1kg)

$14.38 CA$20.33

$10.58 PAB 10.58

35.92%

Apples (1kg)

$4.00 CA$5.65

$4.18 PAB 4.18

-4.31%

Banana (1kg)

$1.48 CA$2.09

$1.83 PAB 1.83

-19.13%

Oranges (1kg)

$3.95 CA$5.59

$4.20 PAB 4.20

-5.95%

Tomato (1kg)

$4.06 CA$5.73

$4.03 PAB 4.03

0.74%

Potato (1kg)

$2.43 CA$3.43

$3.48 PAB 3.48

-30.17%

Onion (1kg)

$2.21 CA$3.12

$4.22 PAB 4.22

-47.63%

Lettuce (1 head)

$2.42 CA$3.42

$2.41 PAB 2.41

0.41%

Water (1.5 liter bottle)

$1.55 CA$2.19

$1.69 PAB 1.69

-8.28%

Cigarettes 20 Pack (Marlboro, Camel)

$14.27 CA$20.17

$6.14 PAB 6.14

132.41%

Wine (Bottle)

$12.76 CA$18.05

$11.30 PAB 11.30

12.92%

Local Beer (0.5 liter bottle)

$2.52 CA$3.57

$1.42 PAB 1.42

77.46%

Imported Beer (0.33 liter bottle)

$2.97 CA$4.20

$2.73 PAB 2.73

8.79%

One-way Ticket (Public Transport)

$1.98 CA$2.80

$0.33 PAB 0.33

500.00%

Public Transport Monthly Pass (Regular Price)

$61.4 CA$86.8

$21.23 PAB 21.23

189.17%

Taxi Start (Normal Tariff)

$3.23 CA$4.57

$2.52 PAB 2.52

28.17%

Taxi (Normal Tariff) (1km)

$1.64 CA$2.32

$1.86 PAB 1.86

-11.83%

Taxi 1hour Waiting (Normal Tariff)

$23.68 CA$33.48

$21.78 PAB 21.78

8.72%

Gasoline (1 liter)

$1.18 CA$1.67

$1.25 PAB 1.25

-5.60%

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

$27.9K CA$39.5K

$21.2K PAB 21.2K

31.53%

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

$18.0K CA$25.5K

$21.0K PAB 21.0K

-14.27%

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

$136 CA$193

$130 PAB 130

5.04%

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

$37.51 CA$53.0

$28.13 PAB 28.13

33.35%

Internet (50+ Mbps, Unlimited Data)

$53.3 CA$75.4

$48.21 PAB 48.21

10.64%

Gym Membership (Monthly)

$41.06 CA$58.1

$45.78 PAB 45.78

-10.31%

Tennis Court (1 Hour on Weekend)

$17.56 CA$24.82

$34.92 PAB 34.92

-49.71%

Cinema Ticket

$12.54 CA$17.73

$8.67 PAB 8.67

44.64%

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

$848 CA$1,199

$544 PAB 544

55.82%

International Primary School, 1 Child (Yearly)

$12.6K CA$17.8K

$9,697 PAB 9,697

29.85%

Jeans (Levis 501 Or Similar)

$63.2 CA$89.4

$66.8 PAB 66.8

-5.27%

Summer Dress (H&M, Zara, etc)

$37.70 CA$53.3

$49.14 PAB 49.14

-23.28%

Sport Shoes (Adidas, Nike)

$66.3 CA$93.7

$93.9 PAB 93.9

-29.36%

Men's Leather Business Shoes

$100 CA$142

$112 PAB 112

-10.04%

1-bedroom Apartment, City Center (Monthly)

$1,224 CA$1,730

$1,257 PAB 1,257

-2.64%

1-bedroom Apartment, Outside City Center (Monthly)

$672 CA$951

$875 PAB 875

-23.14%

3-bedroom Apartment, City Center (Monthly)

$1,931 CA$2,729

$2,155 PAB 2,155

-10.41%

3-bedroom Apartment, Outside City Center (Monthly)

$1,710 CA$2,418

$1,564 PAB 1,564

9.36%

Buy Apartment in City Center (m2)

$4,427 CA$6,258

$3,122 PAB 3,122

41.78%

Buy Apartment Outside City Center (m2)

$3,172 CA$4,484

$1,709 PAB 1,709

85.56%

Average Monthly Net Salary (After Tax)

$2,819 CA$3,986

$916 PAB 916

207.81%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.66

6.39

-27.07%

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

Last update for Dawson City: 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

Dawson City

$672 35.6%

Panama City

$875 47.2% 30.1% $202

Groceries & Markets

Dawson City

$401 21.3%

Panama City

$325 17.5% 19% $76

Eating Out

Dawson City

$320 16.9%

Panama City

$207 11.1% 35.3% $113

Monthly Utilities & Internet

Dawson City

$227 12%

Panama City

$206 11.1% 9.3% $21

Clothing & Footwear

Dawson City

$120 6.4%

Panama City

$145 7.8% 20.1% $24

Getting Around

Dawson City

$81 4.3%

Panama City

$34 1.9% 57.4% $46

Sport & Entertainment

Dawson City

$66 3.5%

Panama City

$63 3.4% 4.6% $3

Cost Breakdown

A central one-bedroom costs $1,224 in Dawson City 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 208% higher in Dawson City, 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 $102 in Dawson City versus $48.00 in Panama City. Monthly groceries follow the same trend: $401 vs $325 – making Panama City the more affordable choice for daily food spending.

Good to know

🇨🇦 Dawson City

🇵🇦 Panama City

🕒 Local time

10:46 10:46 AM

12:46 12:46 PM

2 h ahead of Dawson City

🌤 Weather

👥 Population

1,375

1,086,990 Capital

💱 Currency

Canadian Dollar CAD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 PAB = 1 USD

1 PAB = 0.89 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 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Panamanian Balboa exchange rates as of October 18, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to CAD in detail →

On the map

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Between locations

Dawson City Panama City 7,680 km ≈ 10 h nonstop flight

From you

Dawson City
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

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

Yes – Dawson City is pricier by about 2%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,832 per month in Dawson City 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.

Kindergarten costs $848 per month in Dawson City and $544 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 23% more in Dawson City, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,855, than in Dawson City at $1,888. In Panama City it covers expenses comfortably, while in Dawson City it requires careful planning or may not stretch far enough.

Families tend to lean toward Panama City – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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