Last update: Oct 2026

Cost of Living Comparison Between Greeley, CO and Panama City

For one person, living is cheaper in Panama City: $1,972 a month against $2,467 in Greeley, CO, rent and utilities included – about $5,900 less a year. Other living expenses account for most of the difference.

119

Cost of Living Index in Greeley, CO
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Greeley, CO Living Index
95

Cost of Living Index in Panama City
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Panama City Living Index

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Greeley, CO

🇺🇸 United States

$2,467

/mo nomad

Panama City

🇵🇦 Panama

$1,972

/mo nomad

Monthly Cost of Living

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

A single person spends $2,467 per month in Greeley, CO vs $1,972 in Panama City, rent included.

Greeley, CO $2,467
Panama City $1,972

A couple spends around $3,527 per month in Greeley, CO vs $2,930 in Panama City, rent included.

Greeley, CO $3,527
Panama City $2,930

A family of three spends $4,588 per month in Greeley, CO vs $3,888 in Panama City, rent included.

Greeley, CO $4,588
Panama City $3,888

Greeley, CO costs about 25% more than Panama City, and outside of rent the biggest gap is in utilities.

Both Greeley, CO and Panama City sit above the global median – Greeley, CO by 82%, Panama City by 46%.

Meal at Budget Restaurant

$16.25 $16.25

$11.37 PAB 11.37

42.92%

Three-Course Dinner for Two, Mid-Range

$85.1 $85.1

$46.69 PAB 46.69

82.27%

Fast Food Meal (McDonalds, etc)

$12.77 $12.77

$7.98 PAB 7.98

60.03%

Cappuccino

$5.66 $5.66

$4.12 PAB 4.12

37.38%

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

$2.75 $2.75

$2.01 PAB 2.01

36.82%

Water (0.33 liter bottle)

$2.20 $2.20

$1.57 PAB 1.57

40.13%

Local Beer (0.5 liter draught)

$4.57 $4.57

$3.28 PAB 3.28

39.33%

Imported Beer (0.33 liter bottle)

$6.40 $6.40

$3.88 PAB 3.88

64.95%

Milk (1 liter)

$0.94 $0.94

$1.82 PAB 1.82

-48.35%

White Bread (500g)

$3.14 $3.14

$2.61 PAB 2.61

20.31%

Rice (white) (1kg)

$2.39 $2.39

$3.45 PAB 3.45

-30.72%

Eggs

$2.82 $2.82

$2.68 PAB 2.68

5.22%

Local Cheese (1kg)

$12.01 $12.01

$12.42 PAB 12.42

-3.30%

Chicken Fillets (1kg)

$13.09 $13.09

$6.73 PAB 6.73

94.50%

Beef Round Steak (1kg)

$19.39 $19.39

$10.44 PAB 10.44

85.73%

Apples (1kg)

$5.62 $5.62

$4.21 PAB 4.21

33.49%

Banana (1kg)

$1.41 $1.41

$1.95 PAB 1.95

-27.69%

Oranges (1kg)

$3.66 $3.66

$4.07 PAB 4.07

-10.07%

Tomato (1kg)

$4.67 $4.67

$4.02 PAB 4.02

16.17%

Potato (1kg)

$2.42 $2.42

$3.46 PAB 3.46

-30.06%

Onion (1kg)

$2.63 $2.63

$4.42 PAB 4.42

-40.50%

Lettuce (1 head)

$2.24 $2.24

$2.43 PAB 2.43

-7.82%

Water (1.5 liter bottle)

$2.01 $2.01

$1.72 PAB 1.72

16.86%

Cigarettes 20 Pack (Marlboro, Camel)

$9.91 $9.91

$6.04 PAB 6.04

64.07%

Wine (Bottle)

$19.32 $19.32

$11.68 PAB 11.68

65.41%

Local Beer (0.5 liter bottle)

$3.30 $3.30

$1.41 PAB 1.41

134.04%

Imported Beer (0.33 liter bottle)

$4.66 $4.66

$2.74 PAB 2.74

70.07%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

Public Transport Monthly Pass (Regular Price)

$44.77 $44.77

$20.65 PAB 20.65

116.80%

Taxi Start (Normal Tariff)

$3.77 $3.77

$2.45 PAB 2.45

53.88%

Taxi (Normal Tariff) (1km)

$1.53 $1.53

$1.76 PAB 1.76

-13.07%

Taxi 1hour Waiting (Normal Tariff)

$25.12 $25.12

$21.86 PAB 21.86

14.91%

Gasoline (1 liter)

$0.85 $0.85

$1.20 PAB 1.20

-29.17%

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

$27.9K $27.9K

$24.6K PAB 24.6K

13.82%

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

$26.2K $26.2K

$20.9K PAB 20.9K

25.50%

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

$199 $199

$132 PAB 132

50.93%

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

$94.2 $94.2

$27.89 PAB 27.89

237.65%

Internet (50+ Mbps, Unlimited Data)

$81.0 $81.0

$49.10 PAB 49.10

64.99%

Gym Membership (Monthly)

$50.3 $50.3

$44.53 PAB 44.53

12.85%

Tennis Court (1 Hour on Weekend)

$34.01 PAB 34.01

Cinema Ticket

$13.32 $13.32

$8.70 PAB 8.70

53.10%

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

$917 $917

$537 PAB 537

70.85%

International Primary School, 1 Child (Yearly)

$20.6K $20.6K

$20.5K PAB 20.5K

0.28%

Jeans (Levis 501 Or Similar)

$57.4 $57.4

$65.8 PAB 65.8

-12.83%

Summer Dress (H&M, Zara, etc)

$34.56 $34.56

$48.45 PAB 48.45

-28.67%

Sport Shoes (Adidas, Nike)

$81.5 $81.5

$95.4 PAB 95.4

-14.55%

Men's Leather Business Shoes

$101 $101

$114 PAB 114

-10.91%

1-bedroom Apartment, City Center (Monthly)

$1,126 $1,126

$1,405 PAB 1,405

-19.85%

1-bedroom Apartment, Outside City Center (Monthly)

$1,138 $1,138

$994 PAB 994

14.51%

3-bedroom Apartment, City Center (Monthly)

$1,581 $1,581

$2,221 PAB 2,221

-28.80%

3-bedroom Apartment, Outside City Center (Monthly)

$1,650 $1,650

$1,714 PAB 1,714

-3.71%

Buy Apartment in City Center (m2)

$2,340 $2,340

$3,139 PAB 3,139

-25.46%

Buy Apartment Outside City Center (m2)

$2,368 $2,368

$1,724 PAB 1,724

37.38%

Average Monthly Net Salary (After Tax)

$3,867 $3,867

$936 PAB 936

313.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.36

6.39

-0.47%

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

Last update for Greeley, CO: October 31, 2026

Last update for Panama City: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Greeley, CO

$1.1K 46.2%

Panama City

$994 50.4% 12.7% $144

Groceries & Markets

Greeley, CO

$406 16.5%

Panama City

$326 16.5% 19.8% $80

Monthly Utilities & Internet

Greeley, CO

$374 15.2%

Panama City

$209 10.6% 44.2% $165

Eating Out

Greeley, CO

$292 11.8%

Panama City

$203 10.3% 30.4% $89

Clothing & Footwear

Greeley, CO

$124 5%

Panama City

$145 7.4% 17.7% $22

Sport & Entertainment

Greeley, CO

$77 3.1%

Panama City

$62 3.1% 19.5% $15

Getting Around

Greeley, CO

$56 * 2.3%

Panama City

$33 1.7% 40.8% $23

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,126 in Greeley, CO versus $1,405 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.

Salaries in Greeley, CO are about 4.1 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $85 in Greeley, CO versus $47 in Panama City. Monthly groceries follow the same trend: $406 vs $326 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Greeley, CO

🇵🇦 Panama City

🕒 Local time

09:41 9:41 AM

11:41 11:41 AM

2 h ahead of Greeley, CO

🌤 Weather

👥 Population

108,795

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.89 EUR

1 PAB = 1 USD

1 PAB = 0.89 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 = 0.89 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).

PAB to USD in detail →

On the map

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Highest

Between locations

Greeley, CO Panama City 4,290 km ≈ 6 h nonstop flight

From you

Greeley, CO
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

Greeley, CO vs Panama City: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,467 in Greeley, CO, $1,972 in Panama City – Panama City comes out roughly 20% cheaper. Outside of rent, the biggest gap is in utilities.

For a comfortable life, plan on about $3,700 per month in Greeley, CO and $2,958 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Greeley, CO, especially for central apartments: a one-bedroom in the center costs $1,126 there versus $1,405 in Panama City.

Groceries cost about 25% more in Greeley, CO, though the gap depends on what you buy.

A mid-range dinner for two costs $85 in Greeley, CO and $47 in Panama City. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $1,972 in Panama City to $2,467 in Greeley, CO. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Panama City. If higher salaries or specific career opportunities are the priority, Greeley, CO makes more sense. Both are solid long-term options with distinct trade-offs.