Last update: Oct 2026

Cost of Living Comparison Between Eugene, OR and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $2,650 in Eugene, OR, rent and utilities included – about $9,800 less a year. Rent and utilities account for most of the difference.

127

Cost of Living Index in Eugene, OR
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Eugene, OR Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Eugene, OR

🇺🇸 United States

$2,650

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,650 in Eugene, OR versus $1,837 in Panama City.

Eugene, OR $2,650
Panama City $1,837

Estimated couple costs with rent: $3,799 in Eugene, OR versus $2,825 in Panama City.

Eugene, OR $3,799
Panama City $2,825

Monthly costs for a family of three with rent: $4,947 in Eugene, OR versus $3,812 in Panama City.

Eugene, OR $4,947
Panama City $3,812

Living in Eugene, OR is roughly 44% 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: Eugene, OR 98% above, Panama City 37% above.

Meal at Budget Restaurant

$18.19 $18.19

$11.34 PAB 11.34

60.41%

Three-Course Dinner for Two, Mid-Range

$74.4 $74.4

$47.85 PAB 47.85

55.46%

Fast Food Meal (McDonalds, etc)

$10.94 $10.94

$8.07 PAB 8.07

35.56%

Cappuccino

$4.93 $4.93

$4.02 PAB 4.02

22.64%

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

$2.83 $2.83

$1.94 PAB 1.94

45.88%

Water (0.33 liter bottle)

$2.08 $2.08

$1.62 PAB 1.62

28.40%

Local Beer (0.5 liter draught)

$6.08 $6.08

$3.26 PAB 3.26

86.50%

Imported Beer (0.33 liter bottle)

$6.09 $6.09

$3.99 PAB 3.99

52.63%

Milk (1 liter)

$1.02 $1.02

$1.83 PAB 1.83

-44.26%

White Bread (500g)

$3.88 $3.88

$2.57 PAB 2.57

50.97%

Rice (white) (1kg)

$5.21 $5.21

$3.33 PAB 3.33

56.46%

Eggs

$3.68 $3.68

$2.69 PAB 2.69

36.80%

Local Cheese (1kg)

$10.18 $10.18

$12.33 PAB 12.33

-17.44%

Chicken Fillets (1kg)

$13.68 $13.68

$6.69 PAB 6.69

104.48%

Beef Round Steak (1kg)

$19.71 $19.71

$10.40 PAB 10.40

89.52%

Apples (1kg)

$3.80 $3.80

$4.16 PAB 4.16

-8.65%

Banana (1kg)

$1.67 $1.67

$1.84 PAB 1.84

-9.24%

Oranges (1kg)

$3.90 $3.90

$4.18 PAB 4.18

-6.70%

Tomato (1kg)

$3.38 $3.38

$4.08 PAB 4.08

-17.16%

Potato (1kg)

$2.06 $2.06

$3.50 PAB 3.50

-41.14%

Onion (1kg)

$2.08 $2.08

$4.37 PAB 4.37

-52.40%

Lettuce (1 head)

$2.00 $2.00

$2.34 PAB 2.34

-14.53%

Water (1.5 liter bottle)

$1.94 $1.94

$1.75 PAB 1.75

10.86%

Cigarettes 20 Pack (Marlboro, Camel)

$11.30 $11.30

$6.06 PAB 6.06

86.47%

Wine (Bottle)

$13.47 $13.47

$11.72 PAB 11.72

14.93%

Local Beer (0.5 liter bottle)

$1.76 $1.76

$1.37 PAB 1.37

28.47%

Imported Beer (0.33 liter bottle)

$3.63 $3.63

$2.84 PAB 2.84

27.82%

One-way Ticket (Public Transport)

$1.84 $1.84

$0.36 PAB 0.36

411.11%

Public Transport Monthly Pass (Regular Price)

$45.71 $45.71

$20.96 PAB 20.96

118.08%

Taxi Start (Normal Tariff)

$5.09 $5.09

$2.52 PAB 2.52

101.98%

Taxi (Normal Tariff) (1km)

$1.35 $1.35

$1.79 PAB 1.79

-24.58%

Taxi 1hour Waiting (Normal Tariff)

$29.41 $29.41

$22.01 PAB 22.01

33.62%

Gasoline (1 liter)

$1.25 $1.25

$1.25 PAB 1.25

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

$34.5K $34.5K

$21.5K PAB 21.5K

60.26%

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

$24.1K $24.1K

$21.2K PAB 21.2K

13.78%

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

$148 $148

$131 PAB 131

13.05%

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

$46.18 $46.18

$27.68 PAB 27.68

66.84%

Internet (50+ Mbps, Unlimited Data)

$64.5 $64.5

$48.59 PAB 48.59

32.68%

Gym Membership (Monthly)

$47.88 $47.88

$46.11 PAB 46.11

3.84%

Tennis Court (1 Hour on Weekend)

$17.29 $17.29

$35.01 PAB 35.01

-50.61%

Cinema Ticket

$14.27 $14.27

$8.73 PAB 8.73

63.46%

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

$1,220 $1,220

$551 PAB 551

121.64%

International Primary School, 1 Child (Yearly)

$12.2K $12.2K

$9,560 PAB 9,560

27.84%

Jeans (Levis 501 Or Similar)

$59.1 $59.1

$67.6 PAB 67.6

-12.62%

Summer Dress (H&M, Zara, etc)

$44.18 $44.18

$48.03 PAB 48.03

-8.02%

Sport Shoes (Adidas, Nike)

$98.5 $98.5

$94.9 PAB 94.9

3.84%

Men's Leather Business Shoes

$105 $105

$113 PAB 113

-6.92%

1-bedroom Apartment, City Center (Monthly)

$1,476 $1,476

$1,238 PAB 1,238

19.23%

1-bedroom Apartment, Outside City Center (Monthly)

$1,403 $1,403

$873 PAB 873

60.66%

3-bedroom Apartment, City Center (Monthly)

$2,454 $2,454

$2,197 PAB 2,197

11.70%

3-bedroom Apartment, Outside City Center (Monthly)

$2,250 $2,250

$1,538 PAB 1,538

46.28%

Buy Apartment in City Center (m2)

$3,335 $3,335

$3,116 PAB 3,116

7.03%

Buy Apartment Outside City Center (m2)

$3,234 $3,234

$1,725 PAB 1,725

87.52%

Average Monthly Net Salary (After Tax)

$3,888 $3,888

$934 PAB 934

316.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.67

6.39

4.38%

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

Last update for Eugene, OR: October 4, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Eugene, OR

$1.4K 53.3%

Panama City

$873 47.2% 37.8% $530

Groceries & Markets

Eugene, OR

$389 14.8%

Panama City

$324 17.5% 16.6% $65

Eating Out

Eugene, OR

$300 11.4%

Panama City

$202 10.9% 32.7% $98

Monthly Utilities & Internet

Eugene, OR

$259 9.9%

Panama City

$207 11.2% 19.9% $52

Clothing & Footwear

Eugene, OR

$138 5.3%

Panama City

$146 7.9% 5.4% $7.4

Sport & Entertainment

Eugene, OR

$76 2.9%

Panama City

$64 3.4% 16.8% $13

Getting Around

Eugene, OR

$65 2.5%

Panama City

$34 1.8% 47.8% $31

Cost Breakdown

A one-bedroom apartment in the center runs $1,476 in Eugene, OR and $1,238 in Panama City. Housing cost is often the main lever when comparing two cities.

Eugene, OR pays 316% 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: $74.0 in Eugene, OR vs $48.00 in Panama City for a mid-range dinner for two. Groceries echo the gap at $389 vs $324 per month, with Panama City cheaper across the board.

Good to know

🇺🇸 Eugene, OR

🇵🇦 Panama City

🕒 Local time

19:33 7:33 PM

21:33 9:33 PM

2 h ahead of Eugene, OR

🌤 Weather

👥 Population

159,150

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.892 EUR

1 PAB = 1 USD

1 PAB = 0.892 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 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 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).

PAB to USD in detail →

On the map

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Between locations

Eugene, OR Panama City 5,720 km ≈ 8 h nonstop flight

From you

Eugene, 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

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

Eugene, OR and Panama City differ by about 44% in total monthly costs ($2,650 vs $1,837 including rent). Panama City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 316% higher in Eugene, OR, 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: $1,476 in Eugene, OR versus $1,238 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,650 per month in Eugene, OR versus $1,837 in Panama City – a 44% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Panama City runs roughly 118% less than in Eugene, OR. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,837 in Panama City versus $2,650 in Eugene, OR, a $2,500 budget is realistic in Panama City but tight or insufficient in Eugene, 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 44% less than in Eugene, OR. Beyond cost, consider language, visa policies, and how big the international community is in each city.