Last update: Nov 2026

Cost of Living Comparison Between Gillette, WY and Panama City

For one person, living is cheaper in Panama City: $1,972 a month against $2,576 in Gillette, WY, rent and utilities included – about $7,200 less a year. Rent and utilities account for about half of the difference.

Gillette, WY, United States
Panama City, Panama
Gillette, WY
🇺🇸 United States
$2,576
/mo nomad
Panama City
🇵🇦 Panama
$1,972
/mo nomad
Monthly Cost of Living

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

Monthly costs for one person with rent: $2,576 in Gillette, WY versus $1,972 in Panama City.

  • Gillette, WY $2,576
  • Panama City $1,972

Estimated couple costs with rent: $3,744 in Gillette, WY versus $2,930 in Panama City.

  • Gillette, WY $3,744
  • Panama City $2,930

Monthly costs for a family of three with rent: $4,913 in Gillette, WY versus $3,888 in Panama City.

  • Gillette, WY $4,913
  • Panama City $3,888

Living in Gillette, WY is roughly 31% 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: Gillette, WY 91% above, Panama City 46% above.

Currency
🍽 Eating Out
Gillette, WY
Panama City
Difference
Meal at Budget Restaurant
$20.74 $20.74
$11.37 PAB 11.37
82.41%
Three-Course Dinner for Two, Mid-Range
$64.1 $64.1
$46.69 PAB 46.69
37.27%
Fast Food Meal (McDonalds, etc)
$12.49 $12.49
$7.98 PAB 7.98
56.52%
Cappuccino
$4.67 $4.67
$4.12 PAB 4.12
13.35%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.62 $2.62
$2.01 PAB 2.01
30.35%
Water (0.33 liter bottle)
$2.07 $2.07
$1.57 PAB 1.57
31.85%
Local Beer (0.5 liter draught)
$6.27 $6.27
$3.28 PAB 3.28
91.16%
Imported Beer (0.33 liter bottle)
$6.49 $6.49
$3.88 PAB 3.88
67.27%
🛒 Groceries & Markets
Gillette, WY
Panama City
Difference
Milk (1 liter)
$1.02 $1.02
$1.82 PAB 1.82
-43.96%
White Bread (500g)
$3.60 $3.60
$2.61 PAB 2.61
37.93%
Rice (white) (1kg)
$4.28 $4.28
$3.45 PAB 3.45
24.06%
Eggs
$4.24 $4.24
$2.68 PAB 2.68
58.21%
Local Cheese (1kg)
$12.53 $12.53
$12.42 PAB 12.42
0.89%
Chicken Fillets (1kg)
$11.83 $11.83
$6.73 PAB 6.73
75.78%
Beef Round Steak (1kg)
$15.05 $15.05
$10.44 PAB 10.44
44.16%
Apples (1kg)
$4.52 $4.52
$4.21 PAB 4.21
7.36%
Banana (1kg)
$1.58 $1.58
$1.95 PAB 1.95
-18.97%
Oranges (1kg)
$4.20 $4.20
$4.07 PAB 4.07
3.19%
Tomato (1kg)
$4.33 $4.33
$4.02 PAB 4.02
7.71%
Potato (1kg)
$2.98 $2.98
$3.46 PAB 3.46
-13.87%
Onion (1kg)
$3.30 $3.30
$4.42 PAB 4.42
-25.34%
Lettuce (1 head)
$2.48 $2.48
$2.43 PAB 2.43
2.06%
Water (1.5 liter bottle)
$2.16 $2.16
$1.72 PAB 1.72
25.58%
Cigarettes 20 Pack (Marlboro, Camel)
$9.84 $9.84
$6.04 PAB 6.04
62.91%
Wine (Bottle)
$14.53 $14.53
$11.68 PAB 11.68
24.40%
Local Beer (0.5 liter bottle)
$2.18 $2.18
$1.41 PAB 1.41
54.61%
Imported Beer (0.33 liter bottle)
$3.42 $3.42
$2.74 PAB 2.74
24.82%
🚌 Getting Around
Gillette, WY
Panama City
Difference
One-way Ticket (Public Transport)
$2.28 $2.28
$0.33 PAB 0.33
590.91%
Public Transport Monthly Pass (Regular Price)
$60.8 $60.8
$20.65 PAB 20.65
194.24%
Taxi Start (Normal Tariff)
$3.32 $3.32
$2.45 PAB 2.45
35.51%
Taxi (Normal Tariff) (1km)
$1.53 $1.53
$1.76 PAB 1.76
-13.07%
Taxi 1hour Waiting (Normal Tariff)
$25.93 $25.93
$21.86 PAB 21.86
18.62%
Gasoline (1 liter)
$1.13 $1.13
$1.20 PAB 1.20
-5.83%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$24.0K $24.0K
$24.6K PAB 24.6K
-2.31%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$27.4K $27.4K
$20.9K PAB 20.9K
31.05%
🧾 Monthly Utilities & Internet
Gillette, WY
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$196 $196
$132 PAB 132
48.73%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$58.3 $58.3
$27.89 PAB 27.89
109.11%
Internet (50+ Mbps, Unlimited Data)
$69.1 $69.1
$49.10 PAB 49.10
40.81%
🎉 Sport & Entertainment
Gillette, WY
Panama City
Difference
Gym Membership (Monthly)
$40.03 $40.03
$44.53 PAB 44.53
-10.11%
Tennis Court (1 Hour on Weekend)
-
$34.01 PAB 34.01
-
Cinema Ticket
$13.35 $13.35
$8.70 PAB 8.70
53.45%
🧸 Childcare & Education
Gillette, WY
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,391 $1,391
$537 PAB 537
159.11%
International Primary School, 1 Child (Yearly)
$22.4K $22.4K
$20.5K PAB 20.5K
9.02%
👕👟 Clothing & Footwear
Gillette, WY
Panama City
Difference
Jeans (Levis 501 Or Similar)
$49.62 $49.62
$65.8 PAB 65.8
-24.59%
Summer Dress (H&M, Zara, etc)
$36.62 $36.62
$48.45 PAB 48.45
-24.42%
Sport Shoes (Adidas, Nike)
$98.5 $98.5
$95.4 PAB 95.4
3.20%
Men's Leather Business Shoes
$112 $112
$114 PAB 114
-1.62%
🏠 Accommodation & Living
Gillette, WY
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$1,558 $1,558
$1,405 PAB 1,405
10.88%
1-bedroom Apartment, Outside City Center (Monthly)
$1,258 $1,258
$994 PAB 994
26.53%
3-bedroom Apartment, City Center (Monthly)
$2,621 $2,621
$2,221 PAB 2,221
18.00%
3-bedroom Apartment, Outside City Center (Monthly)
$2,069 $2,069
$1,714 PAB 1,714
20.77%
Buy Apartment in City Center (m2)
$1,754 $1,754
$3,139 PAB 3,139
-44.11%
Buy Apartment Outside City Center (m2)
$1,821 $1,821
$1,724 PAB 1,724
5.63%
💵 Salaries & Financials
Gillette, WY
Panama City
Difference
Average Monthly Net Salary (After Tax)
$6,625 $6,625
$936 PAB 936
607.81%
20-Year Fixed Mortgage Interest Rate (Annual %)
7.1
6.39
11.11%

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

Last update for Gillette, WY: November 3, 2026

Last update for Panama City: November 3, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Gillette, WY
$1.3K
Panama City
$994 21% $264
Groceries & Markets
Gillette, WY
$391
Panama City
$326 16.7% $65
Monthly Utilities & Internet
Gillette, WY
$323
Panama City
$209 35.5% $115
Eating Out
Gillette, WY
$323
Panama City
$203 37.1% $120
Clothing & Footwear
Gillette, WY
$133
Panama City
$145 9% $12
Getting Around
Gillette, WY
$81
Panama City
$33 58.9% $48
Sport & Entertainment
Gillette, WY
$67
Panama City
$62 7.2% $4.8

Cost Breakdown

A one-bedroom apartment in the center runs $1,558 in Gillette, WY and $1,405 in Panama City. Housing cost is often the main lever when comparing two cities.

Gillette, WY pays about 7.1 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $64 in Gillette, WY vs $47 in Panama City for a mid-range dinner for two. Groceries echo the gap at $391 vs $326 per month, with Panama City cheaper across the board.

Good to know
🇺🇸 Gillette, WY
🇵🇦 Panama City
🕒 Local time
10:58 10:58 AM
12:58 12:58 PM
2 h ahead of Gillette, WY
🌤 Weather
👥 Population
31,978
1,086,990 Capital
Exchange rates and currency converter

PAB, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 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 = 0.89 EUR).

On the map
Between locations
  • Gillette, WY Panama City 4,660 km ≈ 6 h nonstop flight
From you
  • Gillette, WY
  • 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
Gillette, WY vs Panama City: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Gillette, WY and in Panama City?
Total monthly costs including rent come to $2,576 in Gillette, WY and $1,972 in Panama City, so Panama City is about 23% cheaper – a gap that matters a lot on a fixed or modest income.
Which city pays better: Gillette, WY or Panama City?
Average pay in Gillette, WY is about 7.1 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Gillette, WY and in Panama City?
Rent for a central apartment: $1,558 in Gillette, WY versus $1,405 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper grocery shopping?
Supermarket bills run roughly 20% higher in Gillette, WY. For households that cook at home regularly, that difference adds up over a month.
Which city has cheaper restaurants?
Dining out is cheaper in Panama City – a meal for two runs $47 versus $64 in Gillette, WY. If you eat out regularly, this makes a real dent in your monthly spending.
Which city is more doable on $2,500 per month?
At $1,972 in Panama City versus $2,576 in Gillette, WY, a $2,500 budget is realistic in Panama City but tight or insufficient in Gillette, WY. The gap between the two cities makes Panama City the clear choice for anyone on this budget.
How does quality of life compare between Gillette, WY and Panama City?
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.
Where should expats move: Gillette, WY or Panama City?
Expats usually find Panama City gentler on the wallet – expenses run 23% less than in Gillette, WY. Beyond cost, consider language, visa policies, and how big the international community is in each city.

Gillette, WY vs other spots: cost of living compared

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