Last update: Oct 2026

Cost of Living Comparison Between Edmundston and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $2,233 in Edmundston, rent and utilities included – about $4,800 less a year. Rent and utilities account for most of the difference.

108

Cost of Living Index in Edmundston
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Edmundston Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Edmundston

🇨🇦 Canada

$2,233

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,233 in Edmundston versus $1,837 in Panama City.

Edmundston $2,233
Panama City $1,837

Estimated couple costs with rent: $3,249 in Edmundston versus $2,825 in Panama City.

Edmundston $3,249
Panama City $2,825

Monthly costs for a family of three with rent: $4,264 in Edmundston versus $3,812 in Panama City.

Edmundston $4,264
Panama City $3,812

Living in Edmundston is roughly 22% 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: Edmundston 67% above, Panama City 37% above.

Meal at Budget Restaurant

$19.39 CA$27.64

$11.34 PAB 11.34

70.99%

Three-Course Dinner for Two, Mid-Range

$64.3 CA$91.6

$47.85 PAB 47.85

34.36%

Fast Food Meal (McDonalds, etc)

$6.63 CA$9.45

$8.07 PAB 8.07

-17.84%

Cappuccino

$3.66 CA$5.21

$4.02 PAB 4.02

-8.96%

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

$2.25 CA$3.20

$1.94 PAB 1.94

15.98%

Water (0.33 liter bottle)

$1.55 CA$2.21

$1.62 PAB 1.62

-4.32%

Local Beer (0.5 liter draught)

$5.08 CA$7.25

$3.26 PAB 3.26

55.83%

Imported Beer (0.33 liter bottle)

$5.10 CA$7.27

$3.99 PAB 3.99

27.82%

Milk (1 liter)

$2.10 CA$3.00

$1.83 PAB 1.83

14.75%

White Bread (500g)

$2.49 CA$3.55

$2.57 PAB 2.57

-3.11%

Rice (white) (1kg)

$3.33 CA$4.75

$3.33 PAB 3.33

Eggs

$4.51 CA$6.42

$2.69 PAB 2.69

67.66%

Local Cheese (1kg)

$9.85 CA$14.04

$12.33 PAB 12.33

-20.11%

Chicken Fillets (1kg)

$11.08 CA$15.80

$6.69 PAB 6.69

65.62%

Beef Round Steak (1kg)

$14.67 CA$20.91

$10.40 PAB 10.40

41.06%

Apples (1kg)

$3.91 CA$5.57

$4.16 PAB 4.16

-6.01%

Banana (1kg)

$1.36 CA$1.93

$1.84 PAB 1.84

-26.09%

Oranges (1kg)

$3.67 CA$5.22

$4.18 PAB 4.18

-12.20%

Tomato (1kg)

$3.87 CA$5.51

$4.08 PAB 4.08

-5.15%

Potato (1kg)

$2.36 CA$3.37

$3.50 PAB 3.50

-32.57%

Onion (1kg)

$2.25 CA$3.20

$4.37 PAB 4.37

-48.51%

Lettuce (1 head)

$2.43 CA$3.46

$2.34 PAB 2.34

3.85%

Water (1.5 liter bottle)

$1.23 CA$1.76

$1.75 PAB 1.75

-29.71%

Cigarettes 20 Pack (Marlboro, Camel)

$13.85 CA$19.74

$6.06 PAB 6.06

128.55%

Wine (Bottle)

$12.50 CA$17.81

$11.72 PAB 11.72

6.66%

Local Beer (0.5 liter bottle)

$2.55 CA$3.63

$1.37 PAB 1.37

86.13%

Imported Beer (0.33 liter bottle)

$3.05 CA$4.34

$2.84 PAB 2.84

7.39%

One-way Ticket (Public Transport)

$2.14 CA$3.05

$0.36 PAB 0.36

494.44%

Public Transport Monthly Pass (Regular Price)

$62.4 CA$88.9

$20.96 PAB 20.96

197.57%

Taxi Start (Normal Tariff)

$3.04 CA$4.33

$2.52 PAB 2.52

20.63%

Taxi (Normal Tariff) (1km)

$1.28 CA$1.83

$1.79 PAB 1.79

-28.49%

Taxi 1hour Waiting (Normal Tariff)

$23.66 CA$33.72

$22.01 PAB 22.01

7.50%

Gasoline (1 liter)

$1.13 CA$1.62

$1.25 PAB 1.25

-9.60%

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

$29.2K CA$41.6K

$21.5K PAB 21.5K

35.49%

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

$18.8K CA$26.8K

$21.2K PAB 21.2K

-11.28%

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

$152 CA$216

$131 PAB 131

15.54%

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

$35.85 CA$51.1

$27.68 PAB 27.68

29.52%

Internet (50+ Mbps, Unlimited Data)

$53.2 CA$75.9

$48.59 PAB 48.59

9.57%

Gym Membership (Monthly)

$37.64 CA$53.7

$46.11 PAB 46.11

-18.37%

Tennis Court (1 Hour on Weekend)

$15.35 CA$21.87

$35.01 PAB 35.01

-56.16%

Cinema Ticket

$10.16 CA$14.48

$8.73 PAB 8.73

16.38%

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

$815 CA$1,161

$551 PAB 551

47.97%

International Primary School, 1 Child (Yearly)

$12.5K CA$17.9K

$9,560 PAB 9,560

31.22%

Jeans (Levis 501 Or Similar)

$49.05 CA$69.9

$67.6 PAB 67.6

-27.45%

Summer Dress (H&M, Zara, etc)

$39.07 CA$55.7

$48.03 PAB 48.03

-18.66%

Sport Shoes (Adidas, Nike)

$83.6 CA$119

$94.9 PAB 94.9

-11.94%

Men's Leather Business Shoes

$105 CA$150

$113 PAB 113

-6.72%

1-bedroom Apartment, City Center (Monthly)

$1,244 CA$1,774

$1,238 PAB 1,238

0.54%

1-bedroom Apartment, Outside City Center (Monthly)

$1,188 CA$1,693

$873 PAB 873

36.03%

3-bedroom Apartment, City Center (Monthly)

$1,018 CA$1,452

$2,197 PAB 2,197

-53.64%

3-bedroom Apartment, Outside City Center (Monthly)

$1,681 CA$2,396

$1,538 PAB 1,538

9.26%

Buy Apartment in City Center (m2)

$4,158 CA$5,927

$3,116 PAB 3,116

33.46%

Buy Apartment Outside City Center (m2)

$3,889 CA$5,544

$1,725 PAB 1,725

125.52%

Average Monthly Net Salary (After Tax)

$2,464 CA$3,512

$934 PAB 934

163.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.64

6.39

-27.39%

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

Last update for Edmundston: October 5, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Edmundston

$1.2K 51.5%

Panama City

$873 47.2% 26.5% $315

Groceries & Markets

Edmundston

$348 15.1%

Panama City

$324 17.5% 6.8% $24

Eating Out

Edmundston

$270 11.7%

Panama City

$202 10.9% 25.2% $68

Monthly Utilities & Internet

Edmundston

$241 10.4%

Panama City

$207 11.2% 13.8% $33

Clothing & Footwear

Edmundston

$125 5.4%

Panama City

$146 7.9% 16.8% $21

Getting Around

Edmundston

$80 3.5%

Panama City

$34 1.8% 57.8% $46

Sport & Entertainment

Edmundston

$58 2.5%

Panama City

$64 3.4% 9.7% $5.6

Cost Breakdown

A one-bedroom apartment in the center runs $1,244 in Edmundston and $1,238 in Panama City. Housing cost is often the main lever when comparing two cities.

Edmundston pays 164% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $64.0 in Edmundston vs $48.00 in Panama City for a mid-range dinner for two. Groceries echo the gap at $348 vs $324 per month, with Panama City cheaper across the board.

Good to know

🇨🇦 Edmundston

🇵🇦 Panama City

🕒 Local time

06:56 6:56 AM

04:56 4:56 AM

2 h behind Edmundston

🌤 Weather

👥 Population

16,437

1,086,990 Capital

💱 Currency

Canadian Dollar CAD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1 PAB = 1 USD

1 PAB = 0.892 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 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

USD to CAD in detail →

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Edmundston Panama City 4,400 km ≈ 6 h nonstop flight

From you

Edmundston
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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

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

Panama City is cheaper overall, especially in groceries, eating out, and utilities. The 22% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 164% higher in Edmundston, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,244 in Edmundston versus $1,238 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Panama City runs roughly 198% less than in Edmundston. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $815 in Edmundston versus $551 in Panama City. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,837 in Panama City versus $2,233 in Edmundston, a $2,500 budget is realistic in Panama City but tight or insufficient in Edmundston. The gap between the two cities makes Panama City the clear choice for anyone on this budget.

For families, Panama City is more practical. Housing and childcare are both notably cheaper than in Edmundston, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Panama City gentler on the wallet – expenses run 22% less than in Edmundston. Beyond cost, consider language, visa policies, and how big the international community is in each city.