Last update: Oct 2026

Cost of Living Comparison Between Kamloops and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $2,384 in Kamloops, rent and utilities included – about $6,600 less a year. Rent and utilities account for most of the difference.

117

Cost of Living Index in Kamloops
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Kamloops Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Kamloops

🇨🇦 Canada

$2,384

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Monthly Cost of Living

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

A single person spends $2,384 per month in Kamloops vs $1,837 in Panama City, rent included.

Kamloops $2,384
Panama City $1,837

A couple spends around $3,550 per month in Kamloops vs $2,825 in Panama City, rent included.

Kamloops $3,550
Panama City $2,825

A family of three spends $4,716 per month in Kamloops vs $3,812 in Panama City, rent included.

Kamloops $4,716
Panama City $3,812

Kamloops costs about 30% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Kamloops and Panama City sit above the global median – Kamloops by 78%, Panama City by 37%.

Meal at Budget Restaurant

$21.38 CA$30.48

$11.34 PAB 11.34

88.54%

Three-Course Dinner for Two, Mid-Range

$75.1 CA$107

$47.85 PAB 47.85

56.84%

Fast Food Meal (McDonalds, etc)

$10.34 CA$14.73

$8.07 PAB 8.07

28.13%

Cappuccino

$3.87 CA$5.52

$4.02 PAB 4.02

-3.73%

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

$2.43 CA$3.47

$1.94 PAB 1.94

25.26%

Water (0.33 liter bottle)

$1.65 CA$2.36

$1.62 PAB 1.62

1.85%

Local Beer (0.5 liter draught)

$6.09 CA$8.68

$3.26 PAB 3.26

86.81%

Imported Beer (0.33 liter bottle)

$6.27 CA$8.93

$3.99 PAB 3.99

57.14%

Milk (1 liter)

$2.26 CA$3.22

$1.83 PAB 1.83

23.50%

White Bread (500g)

$2.43 CA$3.46

$2.57 PAB 2.57

-5.45%

Rice (white) (1kg)

$3.82 CA$5.45

$3.33 PAB 3.33

14.71%

Eggs

$4.05 CA$5.77

$2.69 PAB 2.69

50.56%

Local Cheese (1kg)

$8.19 CA$11.68

$12.33 PAB 12.33

-33.58%

Chicken Fillets (1kg)

$11.81 CA$16.83

$6.69 PAB 6.69

76.53%

Beef Round Steak (1kg)

$17.31 CA$24.68

$10.40 PAB 10.40

66.44%

Apples (1kg)

$4.12 CA$5.87

$4.16 PAB 4.16

-0.96%

Banana (1kg)

$1.75 CA$2.50

$1.84 PAB 1.84

-4.89%

Oranges (1kg)

$4.07 CA$5.80

$4.18 PAB 4.18

-2.63%

Tomato (1kg)

$4.12 CA$5.88

$4.08 PAB 4.08

0.98%

Potato (1kg)

$2.85 CA$4.06

$3.50 PAB 3.50

-18.57%

Onion (1kg)

$2.26 CA$3.23

$4.37 PAB 4.37

-48.28%

Lettuce (1 head)

$2.57 CA$3.67

$2.34 PAB 2.34

9.83%

Water (1.5 liter bottle)

$1.86 CA$2.65

$1.75 PAB 1.75

6.29%

Cigarettes 20 Pack (Marlboro, Camel)

$16.19 CA$23.07

$6.06 PAB 6.06

167.16%

Wine (Bottle)

$12.48 CA$17.79

$11.72 PAB 11.72

6.48%

Local Beer (0.5 liter bottle)

$4.65 CA$6.63

$1.37 PAB 1.37

239.42%

Imported Beer (0.33 liter bottle)

$3.97 CA$5.65

$2.84 PAB 2.84

39.79%

One-way Ticket (Public Transport)

$1.57 CA$2.24

$0.36 PAB 0.36

336.11%

Public Transport Monthly Pass (Regular Price)

$36.96 CA$52.7

$20.96 PAB 20.96

76.34%

Taxi Start (Normal Tariff)

$3.35 CA$4.77

$2.52 PAB 2.52

32.94%

Taxi (Normal Tariff) (1km)

$1.94 CA$2.76

$1.79 PAB 1.79

8.38%

Taxi 1hour Waiting (Normal Tariff)

$12.22 CA$17.42

$22.01 PAB 22.01

-44.48%

Gasoline (1 liter)

$1.34 CA$1.91

$1.25 PAB 1.25

7.20%

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

$27.5K CA$39.1K

$21.5K PAB 21.5K

27.50%

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

$18.8K CA$26.8K

$21.2K PAB 21.2K

-11.37%

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

$200 CA$286

$131 PAB 131

52.71%

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

$47.70 CA$68.0

$27.68 PAB 27.68

72.33%

Internet (50+ Mbps, Unlimited Data)

$66.3 CA$94.5

$48.59 PAB 48.59

36.47%

Gym Membership (Monthly)

$42.78 CA$61.0

$46.11 PAB 46.11

-7.22%

Tennis Court (1 Hour on Weekend)

$26.97 CA$38.44

$35.01 PAB 35.01

-22.96%

Cinema Ticket

$11.79 CA$16.80

$8.73 PAB 8.73

35.05%

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

$755 CA$1,077

$551 PAB 551

37.17%

International Primary School, 1 Child (Yearly)

$3,834 CA$5,465

$9,560 PAB 9,560

-59.90%

Jeans (Levis 501 Or Similar)

$59.6 CA$85.0

$67.6 PAB 67.6

-11.83%

Summer Dress (H&M, Zara, etc)

$57.5 CA$81.9

$48.03 PAB 48.03

19.65%

Sport Shoes (Adidas, Nike)

$80.9 CA$115

$94.9 PAB 94.9

-14.79%

Men's Leather Business Shoes

$104 CA$149

$113 PAB 113

-7.61%

1-bedroom Apartment, City Center (Monthly)

$1,315 CA$1,874

$1,238 PAB 1,238

6.24%

1-bedroom Apartment, Outside City Center (Monthly)

$1,183 CA$1,687

$873 PAB 873

35.51%

3-bedroom Apartment, City Center (Monthly)

$2,288 CA$3,261

$2,197 PAB 2,197

4.12%

3-bedroom Apartment, Outside City Center (Monthly)

$1,997 CA$2,846

$1,538 PAB 1,538

29.82%

Buy Apartment in City Center (m2)

$5,018 CA$7,152

$3,116 PAB 3,116

61.05%

Buy Apartment Outside City Center (m2)

$3,776 CA$5,382

$1,725 PAB 1,725

118.91%

Average Monthly Net Salary (After Tax)

$2,926 CA$4,171

$934 PAB 934

213.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.6

6.39

-28.01%

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

Last update for Kamloops: October 5, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Kamloops

$1.2K 48.3%

Panama City

$873 47.2% 26.2% $310

Groceries & Markets

Kamloops

$384 15.7%

Panama City

$324 17.5% 15.5% $59

Monthly Utilities & Internet

Kamloops

$314 12.8%

Panama City

$207 11.2% 34% $107

Eating Out

Kamloops

$308 12.6%

Panama City

$202 10.9% 34.5% $106

Clothing & Footwear

Kamloops

$136 5.6%

Panama City

$146 7.9% 7% $9.5

Sport & Entertainment

Kamloops

$66 2.7%

Panama City

$64 3.4% 4.2% $2.8

Getting Around

Kamloops

$56 2.3%

Panama City

$34 1.8% 39.8% $22

Cost Breakdown

A central one-bedroom costs $1,315 in Kamloops 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.

Salaries run about 213% higher in Kamloops, 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 $75.0 in Kamloops versus $48.00 in Panama City. Monthly groceries follow the same trend: $384 vs $324 – making Panama City the more affordable choice for daily food spending.

Good to know

🇨🇦 Kamloops

🇵🇦 Panama City

🕒 Local time

03:29 3:29 AM

05:29 5:29 AM

2 h ahead of Kamloops

🌤 Weather

👥 Population

90,280

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

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Between locations

Kamloops Panama City 5,950 km ≈ 8 h nonstop flight

From you

Kamloops
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

Kamloops vs Panama City: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,384 in Kamloops, $1,837 in Panama City – roughly 30% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $3,576 per month in Kamloops 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.

Kindergarten costs $755 per month in Kamloops and $551 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 18% more in Kamloops, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,837, than in Kamloops at $2,384. In Panama City it covers expenses comfortably, while in Kamloops it requires careful planning or may not stretch far enough.

It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $1,837 in Panama City to $2,384 in Kamloops. Climate, culture, job market, and personal taste all factor in.

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