Last update: Oct 2026

Cost of Living Comparison Between Hermosa Beach, CA and Panama City

For one person, living is cheaper in Panama City: $1,857 a month against $2,748 in Hermosa Beach, CA, rent and utilities included – about $10,700 less a year. Rent and utilities account for most of the difference.

132

Cost of Living Index in Hermosa Beach, CA
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Hermosa Beach, CA Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Hermosa Beach, CA

🇺🇸 United States

$2,748

/mo nomad

Panama City

🇵🇦 Panama

$1,857

/mo nomad

Monthly Cost of Living

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

A single person spends $2,748 per month in Hermosa Beach, CA vs $1,857 in Panama City, rent included.

Hermosa Beach, CA $2,748
Panama City $1,857

A couple spends around $4,129 per month in Hermosa Beach, CA vs $2,815 in Panama City, rent included.

Hermosa Beach, CA $4,129
Panama City $2,815

A family of three spends $5,511 per month in Hermosa Beach, CA vs $3,773 in Panama City, rent included.

Hermosa Beach, CA $5,511
Panama City $3,773

Hermosa Beach, CA costs about 48% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Hermosa Beach, CA and Panama City sit above the global median – Hermosa Beach, CA by 103%, Panama City by 37%.

Meal at Budget Restaurant

$25.31 $25.31

$11.68 PAB 11.68

116.70%

Three-Course Dinner for Two, Mid-Range

$121 $121

$47.76 PAB 47.76

152.68%

Fast Food Meal (McDonalds, etc)

$15.05 $15.05

$8.12 PAB 8.12

85.34%

Cappuccino

$6.10 $6.10

$4.23 PAB 4.23

44.21%

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

$3.07 $3.07

$1.92 PAB 1.92

59.90%

Water (0.33 liter bottle)

$2.32 $2.32

$1.58 PAB 1.58

46.84%

Local Beer (0.5 liter draught)

$7.88 $7.88

$3.31 PAB 3.31

138.07%

Imported Beer (0.33 liter bottle)

$10.03 $10.03

$3.98 PAB 3.98

152.01%

Milk (1 liter)

$1.28 $1.28

$1.92 PAB 1.92

-33.33%

White Bread (500g)

$4.70 $4.70

$2.63 PAB 2.63

78.71%

Rice (white) (1kg)

$4.74 $4.74

$3.39 PAB 3.39

39.82%

Eggs

$5.51 $5.51

$2.67 PAB 2.67

106.37%

Local Cheese (1kg)

$11.56 $11.56

$12.21 PAB 12.21

-5.32%

Chicken Fillets (1kg)

$9.02 $9.02

$6.91 PAB 6.91

30.54%

Beef Round Steak (1kg)

$19.23 $19.23

$10.58 PAB 10.58

81.76%

Apples (1kg)

$4.69 $4.69

$4.16 PAB 4.16

12.74%

Banana (1kg)

$2.30 $2.30

$1.97 PAB 1.97

16.75%

Oranges (1kg)

$3.95 $3.95

$4.06 PAB 4.06

-2.71%

Tomato (1kg)

$5.59 $5.59

$4.18 PAB 4.18

33.73%

Potato (1kg)

$3.24 $3.24

$3.47 PAB 3.47

-6.63%

Onion (1kg)

$2.90 $2.90

$4.26 PAB 4.26

-31.92%

Lettuce (1 head)

$2.00 $2.00

$2.44 PAB 2.44

-18.03%

Water (1.5 liter bottle)

$2.45 $2.45

$1.69 PAB 1.69

44.97%

Cigarettes 20 Pack (Marlboro, Camel)

$11.95 $11.95

$5.83 PAB 5.83

104.97%

Wine (Bottle)

$14.87 $14.87

$11.43 PAB 11.43

30.10%

Local Beer (0.5 liter bottle)

$2.45 $2.45

$1.38 PAB 1.38

77.54%

Imported Beer (0.33 liter bottle)

$2.77 $2.77

$2.76 PAB 2.76

0.36%

One-way Ticket (Public Transport)

$1.96 $1.96

$0.33 PAB 0.33

493.94%

Public Transport Monthly Pass (Regular Price)

$20.63 PAB 20.63

Taxi Start (Normal Tariff)

$3.04 $3.04

$2.55 PAB 2.55

19.22%

Taxi (Normal Tariff) (1km)

$1.82 $1.82

$1.78 PAB 1.78

2.25%

Taxi 1hour Waiting (Normal Tariff)

$32.13 $32.13

$22.17 PAB 22.17

44.93%

Gasoline (1 liter)

$1.54 $1.54

$1.24 PAB 1.24

24.19%

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

$29.0K $29.0K

$24.4K PAB 24.4K

18.67%

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

$26.9K $26.9K

$21.3K PAB 21.3K

26.25%

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

$217 $217

$131 PAB 131

65.44%

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

$77.3 $77.3

$27.83 PAB 27.83

177.69%

Internet (50+ Mbps, Unlimited Data)

$76.2 $76.2

$49.32 PAB 49.32

54.56%

Gym Membership (Monthly)

$41.90 $41.90

$45.69 PAB 45.69

-8.30%

Tennis Court (1 Hour on Weekend)

$15.06 $15.06

$34.10 PAB 34.10

-55.84%

Cinema Ticket

$17.68 $17.68

$8.47 PAB 8.47

108.74%

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

$1,636 $1,636

$553 PAB 553

195.63%

International Primary School, 1 Child (Yearly)

$12.5K $12.5K

$9,719 PAB 9,719

28.25%

Jeans (Levis 501 Or Similar)

$61.7 $61.7

$66.4 PAB 66.4

-7.15%

Summer Dress (H&M, Zara, etc)

$48.44 $48.44

$47.39 PAB 47.39

2.22%

Sport Shoes (Adidas, Nike)

$106 $106

$95.7 PAB 95.7

10.43%

Men's Leather Business Shoes

$104 $104

$113 PAB 113

-7.26%

1-bedroom Apartment, City Center (Monthly)

$1,566 $1,566

$1,322 PAB 1,322

18.39%

1-bedroom Apartment, Outside City Center (Monthly)

$1,314 $1,314

$874 PAB 874

50.31%

3-bedroom Apartment, City Center (Monthly)

$2,537 $2,537

$2,153 PAB 2,153

17.86%

3-bedroom Apartment, Outside City Center (Monthly)

$2,150 $2,150

$1,580 PAB 1,580

36.04%

Buy Apartment in City Center (m2)

$2,944 $2,944

$3,097 PAB 3,097

-4.97%

Buy Apartment Outside City Center (m2)

$2,224 $2,224

$1,698 PAB 1,698

30.97%

Average Monthly Net Salary (After Tax)

$7,062 $7,062

$914 PAB 914

672.76%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.31

6.39

-1.25%

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

Last update for Hermosa Beach, CA: October 20, 2026

Last update for Panama City: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Hermosa Beach, CA

$1.3K 47.8%

Panama City

$874 47.1% 33.5% $440

Groceries & Markets

Hermosa Beach, CA

$420 15.3%

Panama City

$327 17.6% 22.2% $93

Eating Out

Hermosa Beach, CA

$402 14.6%

Panama City

$207 11.2% 48.5% $195

Monthly Utilities & Internet

Hermosa Beach, CA

$371 13.5%

Panama City

$208 11.2% 43.8% $162

Clothing & Footwear

Hermosa Beach, CA

$144 5.2%

Panama City

$145 7.8% 0.6% $0.9

Sport & Entertainment

Hermosa Beach, CA

$77 2.8%

Panama City

$63 3.4% 18.9% $15

Getting Around

Hermosa Beach, CA

$20 * 0.7%

Panama City

$33 1.8% 67.2% $13

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

Cost Breakdown

A central one-bedroom costs $1,566 in Hermosa Beach, CA versus $1,322 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 run about 673% higher in Hermosa Beach, CA, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $121 in Hermosa Beach, CA versus $48.00 in Panama City. Monthly groceries follow the same trend: $420 vs $327 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Hermosa Beach, CA

🇵🇦 Panama City

🕒 Local time

16:12 4:12 PM

18:12 6:12 PM

2 h ahead of Hermosa Beach, CA

🌤 Weather

👥 Population

19,728

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 October 21, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Panamanian Balboa exchange rates as of October 21, 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

Hermosa Beach, CA Panama City 4,840 km ≈ 7 h nonstop flight

From you

Hermosa Beach, CA
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

Hermosa Beach, CA vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Hermosa Beach, CA is pricier by about 48%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $4,121 per month in Hermosa Beach, CA and $2,786 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.

Monthly expenses with rent come to $2,748 in Hermosa Beach, CA and $1,857 in Panama City. That's a gap of about 48%.

Kindergarten costs $1,636 per month in Hermosa Beach, CA and $553 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 $1,857, than in Hermosa Beach, CA at $2,748. In Panama City it covers expenses comfortably, while in Hermosa Beach, CA 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.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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