Last update: Oct 2026

Cost of Living Comparison Between Grand Falls-Windsor and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $2,254 in Grand Falls-Windsor, rent and utilities included – about $5,000 less a year. Rent and utilities account for about half of the difference.

108

Cost of Living Index in Grand Falls-Windsor
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Grand Falls-Windsor Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Grand Falls-Windsor

🇨🇦 Canada

$2,254

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Monthly Cost of Living

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

A single person spends $2,254 per month in Grand Falls-Windsor vs $1,837 in Panama City, rent included.

Grand Falls-Windsor $2,254
Panama City $1,837

A couple spends around $3,219 per month in Grand Falls-Windsor vs $2,825 in Panama City, rent included.

Grand Falls-Windsor $3,219
Panama City $2,825

A family of three spends $4,185 per month in Grand Falls-Windsor vs $3,812 in Panama City, rent included.

Grand Falls-Windsor $4,185
Panama City $3,812

Grand Falls-Windsor costs about 23% more than Panama City, and outside of rent the biggest gap is in transport.

Both Grand Falls-Windsor and Panama City sit above the global median – Grand Falls-Windsor by 68%, Panama City by 37%.

Meal at Budget Restaurant

$14.97 CA$21.34

$11.34 PAB 11.34

32.01%

Three-Course Dinner for Two, Mid-Range

$56.7 CA$80.8

$47.85 PAB 47.85

18.45%

Fast Food Meal (McDonalds, etc)

$9.36 CA$13.34

$8.07 PAB 8.07

15.99%

Cappuccino

$3.56 CA$5.07

$4.02 PAB 4.02

-11.44%

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

$2.07 CA$2.96

$1.94 PAB 1.94

6.70%

Water (0.33 liter bottle)

$1.76 CA$2.50

$1.62 PAB 1.62

8.64%

Local Beer (0.5 liter draught)

$4.81 CA$6.86

$3.26 PAB 3.26

47.55%

Imported Beer (0.33 liter bottle)

$5.48 CA$7.81

$3.99 PAB 3.99

37.34%

Milk (1 liter)

$2.10 CA$2.99

$1.83 PAB 1.83

14.75%

White Bread (500g)

$2.46 CA$3.50

$2.57 PAB 2.57

-4.28%

Rice (white) (1kg)

$2.95 CA$4.21

$3.33 PAB 3.33

-11.41%

Eggs

$3.56 CA$5.08

$2.69 PAB 2.69

32.34%

Local Cheese (1kg)

$10.19 CA$14.53

$12.33 PAB 12.33

-17.36%

Chicken Fillets (1kg)

$9.97 CA$14.21

$6.69 PAB 6.69

49.03%

Beef Round Steak (1kg)

$14.86 CA$21.18

$10.40 PAB 10.40

42.88%

Apples (1kg)

$3.74 CA$5.33

$4.16 PAB 4.16

-10.10%

Banana (1kg)

$1.29 CA$1.84

$1.84 PAB 1.84

-29.89%

Oranges (1kg)

$3.84 CA$5.47

$4.18 PAB 4.18

-8.13%

Tomato (1kg)

$3.41 CA$4.86

$4.08 PAB 4.08

-16.42%

Potato (1kg)

$2.13 CA$3.04

$3.50 PAB 3.50

-39.14%

Onion (1kg)

$1.87 CA$2.67

$4.37 PAB 4.37

-57.21%

Lettuce (1 head)

$2.46 CA$3.50

$2.34 PAB 2.34

5.13%

Water (1.5 liter bottle)

$1.59 CA$2.27

$1.75 PAB 1.75

-9.14%

Cigarettes 20 Pack (Marlboro, Camel)

$12.36 CA$17.62

$6.06 PAB 6.06

103.96%

Wine (Bottle)

$14.30 CA$20.39

$11.72 PAB 11.72

22.01%

Local Beer (0.5 liter bottle)

$2.31 CA$3.29

$1.37 PAB 1.37

68.61%

Imported Beer (0.33 liter bottle)

$2.71 CA$3.86

$2.84 PAB 2.84

-4.58%

One-way Ticket (Public Transport)

$2.05 CA$2.92

$0.36 PAB 0.36

469.44%

Public Transport Monthly Pass (Regular Price)

$69.5 CA$99.1

$20.96 PAB 20.96

231.73%

Taxi Start (Normal Tariff)

$3.10 CA$4.42

$2.52 PAB 2.52

23.02%

Taxi (Normal Tariff) (1km)

$1.29 CA$1.84

$1.79 PAB 1.79

-27.93%

Taxi 1hour Waiting (Normal Tariff)

$21.92 CA$31.25

$22.01 PAB 22.01

-0.41%

Gasoline (1 liter)

$1.18 CA$1.68

$1.25 PAB 1.25

-5.60%

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

$31.1K CA$44.4K

$21.5K PAB 21.5K

44.51%

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

$18.6K CA$26.6K

$21.2K PAB 21.2K

-12.08%

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

$155 CA$221

$131 PAB 131

18.00%

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

$39.33 CA$56.1

$27.68 PAB 27.68

42.09%

Internet (50+ Mbps, Unlimited Data)

$57.3 CA$81.7

$48.59 PAB 48.59

17.95%

Gym Membership (Monthly)

$41.67 CA$59.4

$46.11 PAB 46.11

-9.63%

Tennis Court (1 Hour on Weekend)

$17.04 CA$24.28

$35.01 PAB 35.01

-51.33%

Cinema Ticket

$9.55 CA$13.62

$8.73 PAB 8.73

9.39%

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

$855 CA$1,218

$551 PAB 551

55.26%

International Primary School, 1 Child (Yearly)

$12.0K CA$17.1K

$9,560 PAB 9,560

25.12%

Jeans (Levis 501 Or Similar)

$60.1 CA$85.6

$67.6 PAB 67.6

-11.15%

Summer Dress (H&M, Zara, etc)

$42.16 CA$60.1

$48.03 PAB 48.03

-12.22%

Sport Shoes (Adidas, Nike)

$96.4 CA$137

$94.9 PAB 94.9

1.54%

Men's Leather Business Shoes

$103 CA$147

$113 PAB 113

-8.88%

1-bedroom Apartment, City Center (Monthly)

$1,254 CA$1,787

$1,238 PAB 1,238

1.29%

1-bedroom Apartment, Outside City Center (Monthly)

$1,235 CA$1,760

$873 PAB 873

41.39%

3-bedroom Apartment, City Center (Monthly)

$2,166 CA$3,087

$2,197 PAB 2,197

-1.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,769 CA$2,521

$1,538 PAB 1,538

14.98%

Buy Apartment in City Center (m2)

$4,023 CA$5,734

$3,116 PAB 3,116

29.11%

Buy Apartment Outside City Center (m2)

$3,435 CA$4,896

$1,725 PAB 1,725

99.15%

Average Monthly Net Salary (After Tax)

$934 PAB 934

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 Grand Falls-Windsor: 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

Grand Falls-Windsor

$1.2K 52.5%

Panama City

$873 47.2% 29.3% $361

Groceries & Markets

Grand Falls-Windsor

$340 14.5%

Panama City

$324 17.5% 4.6% $16

Monthly Utilities & Internet

Grand Falls-Windsor

$251 10.7%

Panama City

$207 11.2% 17.5% $44

Eating Out

Grand Falls-Windsor

$241 10.3%

Panama City

$202 10.9% 16.3% $39

Clothing & Footwear

Grand Falls-Windsor

$136 5.8%

Panama City

$146 7.9% 7.3% $9.9

Getting Around

Grand Falls-Windsor

$87 3.7%

Panama City

$34 1.8% 61.2% $53

Sport & Entertainment

Grand Falls-Windsor

$61 2.6%

Panama City

$64 3.4% 4.6% $2.8

Cost Breakdown

A central one-bedroom costs $1,254 in Grand Falls-Windsor versus $1,238 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.

A mid-range dinner for two costs $57.0 in Grand Falls-Windsor versus $48.00 in Panama City. Monthly groceries follow the same trend: $340 vs $324 – making Panama City the more affordable choice for daily food spending.

Good to know

🇨🇦 Grand Falls-Windsor

🇵🇦 Panama City

🕒 Local time

23:33 11:33 PM

21:03 9:03 PM

2 h 30 min behind Grand Falls-Windsor

🌤 Weather

👥 Population

13,725

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 →

On the map

Lowest

Highest

Between locations

Grand Falls-Windsor Panama City 4,970 km ≈ 7 h nonstop flight

From you

Grand Falls-Windsor
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

Grand Falls-Windsor vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Grand Falls-Windsor is pricier by about 23%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $3,381 per month in Grand Falls-Windsor and $2,756 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.

Public transport costs about 232% less in Panama City. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $855 per month in Grand Falls-Windsor and $551 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,837, than in Grand Falls-Windsor at $2,254. In Panama City it covers expenses comfortably, while in Grand Falls-Windsor 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, Grand Falls-Windsor makes more sense. Both are solid long-term options with distinct trade-offs.