Last update: Oct 2026

Cost of Living Comparison Between Klamath Falls, OR and Panama City

For one person, living is cheaper in Panama City: $1,855 a month against $2,192 in Klamath Falls, OR, rent and utilities included – about $4,000 less a year. Rent and utilities account for most of the difference.

106

Cost of Living Index in Klamath Falls, OR
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Klamath Falls, OR Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Klamath Falls, OR

🇺🇸 United States

$2,192

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,192 in Klamath Falls, OR versus $1,855 in Panama City.

Klamath Falls, OR $2,192
Panama City $1,855

Estimated couple costs with rent: $3,593 in Klamath Falls, OR versus $2,804 in Panama City.

Klamath Falls, OR $3,593
Panama City $2,804

Monthly costs for a family of three with rent: $4,994 in Klamath Falls, OR versus $3,753 in Panama City.

Klamath Falls, OR $4,994
Panama City $3,753

Living in Klamath Falls, OR is roughly 18% 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: Klamath Falls, OR 62% above, Panama City 37% above.

Meal at Budget Restaurant

$15.23 $15.23

$11.63 PAB 11.63

30.95%

Three-Course Dinner for Two, Mid-Range

$55.7 $55.7

$47.92 PAB 47.92

16.32%

Fast Food Meal (McDonalds, etc)

$11.16 $11.16

$7.96 PAB 7.96

40.20%

Cappuccino

$4.04 $4.04

$4.22 PAB 4.22

-4.27%

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

$2.80 $2.80

$2.01 PAB 2.01

39.30%

Water (0.33 liter bottle)

$2.02 $2.02

$1.56 PAB 1.56

29.49%

Local Beer (0.5 liter draught)

$6.16 $6.16

$3.39 PAB 3.39

81.71%

Imported Beer (0.33 liter bottle)

$3.90 $3.90

$3.94 PAB 3.94

-1.02%

Milk (1 liter)

$0.93 $0.93

$1.85 PAB 1.85

-49.73%

White Bread (500g)

$2.95 $2.95

$2.56 PAB 2.56

15.23%

Rice (white) (1kg)

$3.24 $3.24

$3.48 PAB 3.48

-6.90%

Eggs

$3.10 $3.10

$2.69 PAB 2.69

15.24%

Local Cheese (1kg)

$9.12 $9.12

$12.57 PAB 12.57

-27.45%

Chicken Fillets (1kg)

$11.54 $11.54

$6.83 PAB 6.83

68.96%

Beef Round Steak (1kg)

$18.07 $18.07

$10.58 PAB 10.58

70.79%

Apples (1kg)

$3.70 $3.70

$4.18 PAB 4.18

-11.48%

Banana (1kg)

$1.60 $1.60

$1.83 PAB 1.83

-12.57%

Oranges (1kg)

$3.91 $3.91

$4.20 PAB 4.20

-6.90%

Tomato (1kg)

$3.35 $3.35

$4.03 PAB 4.03

-16.87%

Potato (1kg)

$2.18 $2.18

$3.48 PAB 3.48

-37.36%

Onion (1kg)

$2.12 $2.12

$4.22 PAB 4.22

-49.76%

Lettuce (1 head)

$1.99 $1.99

$2.41 PAB 2.41

-17.43%

Water (1.5 liter bottle)

$1.43 $1.43

$1.69 PAB 1.69

-15.38%

Cigarettes 20 Pack (Marlboro, Camel)

$9.03 $9.03

$6.14 PAB 6.14

47.07%

Wine (Bottle)

$10.75 $10.75

$11.30 PAB 11.30

-4.87%

Local Beer (0.5 liter bottle)

$1.74 $1.74

$1.42 PAB 1.42

22.54%

Imported Beer (0.33 liter bottle)

$2.69 $2.69

$2.73 PAB 2.73

-1.47%

One-way Ticket (Public Transport)

$1.53 $1.53

$0.33 PAB 0.33

363.64%

Public Transport Monthly Pass (Regular Price)

$74.0 $74.0

$21.23 PAB 21.23

248.37%

Taxi Start (Normal Tariff)

$3.16 $3.16

$2.52 PAB 2.52

25.40%

Taxi (Normal Tariff) (1km)

$0.80 $0.80

$1.86 PAB 1.86

-56.99%

Taxi 1hour Waiting (Normal Tariff)

$30.35 $30.35

$21.78 PAB 21.78

39.35%

Gasoline (1 liter)

$1.17 $1.17

$1.25 PAB 1.25

-6.40%

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

$23.2K $23.2K

$21.2K PAB 21.2K

9.01%

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

$24.1K $24.1K

$21.0K PAB 21.0K

14.55%

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

$149 $149

$130 PAB 130

14.85%

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

$47.04 $47.04

$28.13 PAB 28.13

67.22%

Internet (50+ Mbps, Unlimited Data)

$63.7 $63.7

$48.21 PAB 48.21

32.07%

Gym Membership (Monthly)

$41.40 $41.40

$45.78 PAB 45.78

-9.57%

Tennis Court (1 Hour on Weekend)

$14.96 $14.96

$34.92 PAB 34.92

-57.16%

Cinema Ticket

$13.12 $13.12

$8.67 PAB 8.67

51.33%

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

$292 $292

$544 PAB 544

-46.30%

International Primary School, 1 Child (Yearly)

$12.1K $12.1K

$9,697 PAB 9,697

24.85%

Jeans (Levis 501 Or Similar)

$55.4 $55.4

$66.8 PAB 66.8

-17.02%

Summer Dress (H&M, Zara, etc)

$45.14 $45.14

$49.14 PAB 49.14

-8.14%

Sport Shoes (Adidas, Nike)

$80.6 $80.6

$93.9 PAB 93.9

-14.14%

Men's Leather Business Shoes

$105 $105

$112 PAB 112

-5.98%

1-bedroom Apartment, City Center (Monthly)

$1,058 $1,058

$1,257 PAB 1,257

-15.83%

1-bedroom Apartment, Outside City Center (Monthly)

$1,052 $1,052

$875 PAB 875

20.19%

3-bedroom Apartment, City Center (Monthly)

$2,604 $2,604

$2,155 PAB 2,155

20.85%

3-bedroom Apartment, Outside City Center (Monthly)

$2,497 $2,497

$1,564 PAB 1,564

59.65%

Buy Apartment in City Center (m2)

$5,282 $5,282

$3,122 PAB 3,122

69.17%

Buy Apartment Outside City Center (m2)

$4,472 $4,472

$1,709 PAB 1,709

161.61%

Average Monthly Net Salary (After Tax)

$916 PAB 916

20-Year Fixed Mortgage Interest Rate (Annual %)

6.67

6.39

4.38%

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

Last update for Klamath Falls, OR: October 12, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Klamath Falls, OR

$1.1K 48%

Panama City

$875 47.2% 16.8% $177

Groceries & Markets

Klamath Falls, OR

$336 15.3%

Panama City

$325 17.5% 3.1% $10

Eating Out

Klamath Falls, OR

$262 11.9%

Panama City

$207 11.1% 21% $55

Monthly Utilities & Internet

Klamath Falls, OR

$260 11.9%

Panama City

$206 11.1% 20.6% $54

Clothing & Footwear

Klamath Falls, OR

$129 5.9%

Panama City

$145 7.8% 12.3% $16

Getting Around

Klamath Falls, OR

$87 4%

Panama City

$34 1.9% 60.6% $53

Sport & Entertainment

Klamath Falls, OR

$68 3.1%

Panama City

$63 3.4% 6.7% $4.5

Cost Breakdown

A one-bedroom apartment in the center runs $1,058 in Klamath Falls, OR and $1,257 in Panama City. Housing cost is often the main lever when comparing two cities.

Dining out: $56.0 in Klamath Falls, OR vs $48.00 in Panama City for a mid-range dinner for two. Groceries echo the gap at $336 vs $325 per month, with Panama City cheaper across the board.

Good to know

🇺🇸 Klamath Falls, OR

🇵🇦 Panama City

🕒 Local time

01:31 1:31 AM

03:31 3:31 AM

2 h ahead of Klamath Falls, OR

🌤 Weather

👥 Population

21,885

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 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Panamanian Balboa exchange rates as of October 19, 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

Lowest

Highest

Between locations

Klamath Falls, OR Panama City 5,530 km ≈ 7 h nonstop flight

From you

Klamath Falls, OR
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

Klamath Falls, OR vs Panama City: Cost of Living - Frequently Asked Questions

Panama City wins on cost – living expenses run 18% lower than in Klamath Falls, OR. Housing and daily spending are where you'll feel the difference most, making Panama City the obvious pick if budget is a priority.

You'd need roughly $3,288 in Klamath Falls, OR and $2,783 in Panama City to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,058 in Klamath Falls, OR versus $1,257 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Panama City – a meal for two runs $48.00 versus $56.0 in Klamath Falls, OR. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,192 per month in Klamath Falls, OR versus $1,855 in Panama City – a 18% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,855 in Panama City versus $2,192 in Klamath Falls, OR, a $2,500 budget is realistic in Panama City but tight or insufficient in Klamath Falls, OR. The gap between the two cities makes Panama City the clear choice for anyone on this budget.

Both work as nomad bases, but Panama City delivers better value – similar infrastructure at $1,855 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Panama City hard to pass up.

Expats usually find Panama City gentler on the wallet – expenses run 18% less than in Klamath Falls, OR. Beyond cost, consider language, visa policies, and how big the international community is in each city.