Last update: Nov 2026

Cost of Living Comparison Between Gallup, NM and Panama City

For one person, living is cheaper in Panama City: $1,972 a month against $2,283 in Gallup, NM, rent and utilities included – about $3,700 less a year. The total is higher in Gallup, NM despite lower rent and utilities.

110

Cost of Living Index in Gallup, NM
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Gallup, NM Living Index
95

Cost of Living Index in Panama City
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Panama City Living Index

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Gallup, NM

🇺🇸 United States

$2,283

/mo nomad

Panama City

🇵🇦 Panama

$1,972

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,283 in Gallup, NM versus $1,972 in Panama City.

Gallup, NM $2,283
Panama City $1,972

Estimated couple costs with rent: $3,314 in Gallup, NM versus $2,930 in Panama City.

Gallup, NM $3,314
Panama City $2,930

Monthly costs for a family of three with rent: $4,345 in Gallup, NM versus $3,888 in Panama City.

Gallup, NM $4,345
Panama City $3,888

Living in Gallup, NM is roughly 16% more expensive than in Panama City, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Gallup, NM 69% above, Panama City 46% above.

Meal at Budget Restaurant

$16.78 $16.78

$11.37 PAB 11.37

47.58%

Three-Course Dinner for Two, Mid-Range

$77.8 $77.8

$46.69 PAB 46.69

66.67%

Fast Food Meal (McDonalds, etc)

$12.09 $12.09

$7.98 PAB 7.98

51.50%

Cappuccino

$5.49 $5.49

$4.12 PAB 4.12

33.25%

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

$2.95 $2.95

$2.01 PAB 2.01

46.77%

Water (0.33 liter bottle)

$2.43 $2.43

$1.57 PAB 1.57

54.78%

Local Beer (0.5 liter draught)

$6.15 $6.15

$3.28 PAB 3.28

87.50%

Imported Beer (0.33 liter bottle)

$7.04 $7.04

$3.88 PAB 3.88

81.44%

Milk (1 liter)

$1.17 $1.17

$1.82 PAB 1.82

-35.71%

White Bread (500g)

$4.31 $4.31

$2.61 PAB 2.61

65.13%

Rice (white) (1kg)

$5.48 $5.48

$3.45 PAB 3.45

58.84%

Eggs

$4.20 $4.20

$2.68 PAB 2.68

56.72%

Local Cheese (1kg)

$16.70 $16.70

$12.42 PAB 12.42

34.46%

Chicken Fillets (1kg)

$20.64 $20.64

$6.73 PAB 6.73

206.69%

Beef Round Steak (1kg)

$17.02 $17.02

$10.44 PAB 10.44

63.03%

Apples (1kg)

$5.85 $5.85

$4.21 PAB 4.21

38.95%

Banana (1kg)

$1.75 $1.75

$1.95 PAB 1.95

-10.26%

Oranges (1kg)

$3.75 $3.75

$4.07 PAB 4.07

-7.86%

Tomato (1kg)

$4.42 $4.42

$4.02 PAB 4.02

9.95%

Potato (1kg)

$2.81 $2.81

$3.46 PAB 3.46

-18.79%

Onion (1kg)

$2.03 $2.03

$4.42 PAB 4.42

-54.07%

Lettuce (1 head)

$2.54 $2.54

$2.43 PAB 2.43

4.53%

Water (1.5 liter bottle)

$2.47 $2.47

$1.72 PAB 1.72

43.60%

Cigarettes 20 Pack (Marlboro, Camel)

$10.77 $10.77

$6.04 PAB 6.04

78.31%

Wine (Bottle)

$16.07 $16.07

$11.68 PAB 11.68

37.59%

Local Beer (0.5 liter bottle)

$2.13 $2.13

$1.41 PAB 1.41

51.06%

Imported Beer (0.33 liter bottle)

$4.28 $4.28

$2.74 PAB 2.74

56.20%

One-way Ticket (Public Transport)

$1.92 $1.92

$0.33 PAB 0.33

481.82%

Public Transport Monthly Pass (Regular Price)

$52.7 $52.7

$20.65 PAB 20.65

155.01%

Taxi Start (Normal Tariff)

$3.57 $3.57

$2.45 PAB 2.45

45.71%

Taxi (Normal Tariff) (1km)

$2.31 $2.31

$1.76 PAB 1.76

31.25%

Taxi 1hour Waiting (Normal Tariff)

$34.66 $34.66

$21.86 PAB 21.86

58.55%

Gasoline (1 liter)

$1.02 $1.02

$1.20 PAB 1.20

-15.00%

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

$26.3K $26.3K

$24.6K PAB 24.6K

6.97%

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

$25.4K $25.4K

$20.9K PAB 20.9K

21.46%

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

$250 $250

$132 PAB 132

89.43%

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

$44.45 $44.45

$27.89 PAB 27.89

59.38%

Internet (50+ Mbps, Unlimited Data)

$92.7 $92.7

$49.10 PAB 49.10

88.74%

Gym Membership (Monthly)

$39.23 $39.23

$44.53 PAB 44.53

-11.90%

Tennis Court (1 Hour on Weekend)

$34.01 PAB 34.01

Cinema Ticket

$17.79 $17.79

$8.70 PAB 8.70

104.48%

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

$1,363 $1,363

$537 PAB 537

153.97%

International Primary School, 1 Child (Yearly)

$23.1K $23.1K

$20.5K PAB 20.5K

12.69%

Jeans (Levis 501 Or Similar)

$60.5 $60.5

$65.8 PAB 65.8

-8.01%

Summer Dress (H&M, Zara, etc)

$57.5 $57.5

$48.45 PAB 48.45

18.72%

Sport Shoes (Adidas, Nike)

$80.0 $80.0

$95.4 PAB 95.4

-16.20%

Men's Leather Business Shoes

$130 $130

$114 PAB 114

14.46%

1-bedroom Apartment, City Center (Monthly)

$991 $991

$1,405 PAB 1,405

-29.45%

1-bedroom Apartment, Outside City Center (Monthly)

$817 $817

$994 PAB 994

-17.82%

3-bedroom Apartment, City Center (Monthly)

$1,504 $1,504

$2,221 PAB 2,221

-32.28%

3-bedroom Apartment, Outside City Center (Monthly)

$1,196 $1,196

$1,714 PAB 1,714

-30.20%

Buy Apartment in City Center (m2)

$3,090 $3,090

$3,139 PAB 3,139

-1.55%

Buy Apartment Outside City Center (m2)

$2,405 $2,405

$1,724 PAB 1,724

39.52%

Average Monthly Net Salary (After Tax)

$936 PAB 936

20-Year Fixed Mortgage Interest Rate (Annual %)

6.64

6.39

3.91%

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

Last update for Gallup, NM: November 1, 2026

Last update for Panama City: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Gallup, NM

$817 35.8%

Panama City

$994 50.4% 21.7% $177

Groceries & Markets

Gallup, NM

$478 21%

Panama City

$326 16.5% 31.9% $153

Monthly Utilities & Internet

Gallup, NM

$387 16.9%

Panama City

$209 10.6% 46% $178

Eating Out

Gallup, NM

$303 13.3%

Panama City

$203 10.3% 33% $100

Clothing & Footwear

Gallup, NM

$148 6.5%

Panama City

$145 7.4% 1.4% $2.1

Getting Around

Gallup, NM

$75 3.3%

Panama City

$33 1.7% 56% $42

Sport & Entertainment

Gallup, NM

$75 3.3%

Panama City

$62 3.1% 17.2% $13

Cost Breakdown

A one-bedroom apartment in the center runs $991 in Gallup, NM and $1,405 in Panama City. Housing cost is often the main lever when comparing two cities.

Dining out: $78 in Gallup, NM vs $47 in Panama City for a mid-range dinner for two. Groceries echo the gap at $478 vs $326 per month, with Panama City cheaper across the board.

Good to know

🇺🇸 Gallup, NM

🇵🇦 Panama City

🕒 Local time

15:31 3:31 PM

17:31 5:31 PM

2 h ahead of Gallup, NM

🌤 Weather

👥 Population

21,605

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.895 EUR

1 PAB = 1 USD

1 PAB = 0.895 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 November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

Panamanian Balboa exchange rates as of November 6, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.895 EUR).

PAB to USD in detail →

On the map

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Between locations

Gallup, NM Panama City 4,180 km ≈ 6 h nonstop flight

From you

Gallup, NM
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

Gallup, NM vs Panama City: Cost of Living - Frequently Asked Questions

Panama City is about 14% cheaper overall, especially in groceries, eating out, and utilities. That difference adds up to real monthly savings that compound significantly over time.

You’d need roughly $3,424 in Gallup, NM and $2,958 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: $991 in Gallup, NM versus $1,405 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 47% higher in Gallup, NM. 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 $78 in Gallup, NM. If you eat out regularly, this makes a real dent in your monthly spending.

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.