Last update: Oct 2026

Cost of Living Comparison Between Las Vegas, NV and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $2,926 in Las Vegas, NV, rent and utilities included – about $13,100 less a year. Rent and utilities account for most of the difference.

140

Cost of Living Index in Las Vegas, NV
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Las Vegas, NV Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Las Vegas, NV

🇺🇸 United States

$2,926

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Monthly Cost of Living

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

A single person spends $2,926 per month in Las Vegas, NV vs $1,837 in Panama City, rent included.

Las Vegas, NV $2,926
Panama City $1,837

A couple spends around $4,272 per month in Las Vegas, NV vs $2,825 in Panama City, rent included.

Las Vegas, NV $4,272
Panama City $2,825

A family of three spends $5,618 per month in Las Vegas, NV vs $3,812 in Panama City, rent included.

Las Vegas, NV $5,618
Panama City $3,812

Las Vegas, NV costs about 59% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Las Vegas, NV and Panama City sit above the global median – Las Vegas, NV by 118%, Panama City by 37%.

Meal at Budget Restaurant

$25.16 $25.16

$11.34 PAB 11.34

121.87%

Three-Course Dinner for Two, Mid-Range

$99.7 $99.7

$47.85 PAB 47.85

108.38%

Fast Food Meal (McDonalds, etc)

$13.40 $13.40

$8.07 PAB 8.07

66.05%

Cappuccino

$6.22 $6.22

$4.02 PAB 4.02

54.73%

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

$4.44 $4.44

$1.94 PAB 1.94

128.87%

Water (0.33 liter bottle)

$3.10 $3.10

$1.62 PAB 1.62

91.36%

Local Beer (0.5 liter draught)

$7.48 $7.48

$3.26 PAB 3.26

129.45%

Imported Beer (0.33 liter bottle)

$9.39 $9.39

$3.99 PAB 3.99

135.34%

Milk (1 liter)

$0.93 $0.93

$1.83 PAB 1.83

-49.18%

White Bread (500g)

$3.45 $3.45

$2.57 PAB 2.57

34.24%

Rice (white) (1kg)

$4.62 $4.62

$3.33 PAB 3.33

38.74%

Eggs

$4.53 $4.53

$2.69 PAB 2.69

68.40%

Local Cheese (1kg)

$13.05 $13.05

$12.33 PAB 12.33

5.84%

Chicken Fillets (1kg)

$11.60 $11.60

$6.69 PAB 6.69

73.39%

Beef Round Steak (1kg)

$18.24 $18.24

$10.40 PAB 10.40

75.38%

Apples (1kg)

$4.25 $4.25

$4.16 PAB 4.16

2.16%

Banana (1kg)

$1.67 $1.67

$1.84 PAB 1.84

-9.24%

Oranges (1kg)

$3.61 $3.61

$4.18 PAB 4.18

-13.64%

Tomato (1kg)

$3.74 $3.74

$4.08 PAB 4.08

-8.33%

Potato (1kg)

$2.25 $2.25

$3.50 PAB 3.50

-35.71%

Onion (1kg)

$2.23 $2.23

$4.37 PAB 4.37

-48.97%

Lettuce (1 head)

$1.86 $1.86

$2.34 PAB 2.34

-20.51%

Water (1.5 liter bottle)

$2.45 $2.45

$1.75 PAB 1.75

40.00%

Cigarettes 20 Pack (Marlboro, Camel)

$9.95 $9.95

$6.06 PAB 6.06

64.19%

Wine (Bottle)

$10.94 $10.94

$11.72 PAB 11.72

-6.66%

Local Beer (0.5 liter bottle)

$2.61 $2.61

$1.37 PAB 1.37

90.51%

Imported Beer (0.33 liter bottle)

$2.91 $2.91

$2.84 PAB 2.84

2.46%

One-way Ticket (Public Transport)

$2.49 $2.49

$0.36 PAB 0.36

591.67%

Public Transport Monthly Pass (Regular Price)

$64.6 $64.6

$20.96 PAB 20.96

207.97%

Taxi Start (Normal Tariff)

$3.72 $3.72

$2.52 PAB 2.52

47.62%

Taxi (Normal Tariff) (1km)

$2.63 $2.63

$1.79 PAB 1.79

46.93%

Taxi 1hour Waiting (Normal Tariff)

$35.29 $35.29

$22.01 PAB 22.01

60.34%

Gasoline (1 liter)

$1.22 $1.22

$1.25 PAB 1.25

-2.40%

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

$36.8K $36.8K

$21.5K PAB 21.5K

70.68%

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

$26.9K $26.9K

$21.2K PAB 21.2K

27.13%

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

$206 $206

$131 PAB 131

57.03%

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

$76.1 $76.1

$27.68 PAB 27.68

175.00%

Internet (50+ Mbps, Unlimited Data)

$80.3 $80.3

$48.59 PAB 48.59

65.18%

Gym Membership (Monthly)

$29.82 $29.82

$46.11 PAB 46.11

-35.33%

Tennis Court (1 Hour on Weekend)

$13.86 $13.86

$35.01 PAB 35.01

-60.41%

Cinema Ticket

$14.80 $14.80

$8.73 PAB 8.73

69.53%

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

$1,205 $1,205

$551 PAB 551

118.89%

International Primary School, 1 Child (Yearly)

$25.4K $25.4K

$9,560 PAB 9,560

165.45%

Jeans (Levis 501 Or Similar)

$46.86 $46.86

$67.6 PAB 67.6

-30.69%

Summer Dress (H&M, Zara, etc)

$36.79 $36.79

$48.03 PAB 48.03

-23.40%

Sport Shoes (Adidas, Nike)

$82.4 $82.4

$94.9 PAB 94.9

-13.12%

Men's Leather Business Shoes

$92.4 $92.4

$113 PAB 113

-18.17%

1-bedroom Apartment, City Center (Monthly)

$1,605 $1,605

$1,238 PAB 1,238

29.70%

1-bedroom Apartment, Outside City Center (Monthly)

$1,464 $1,464

$873 PAB 873

67.71%

3-bedroom Apartment, City Center (Monthly)

$2,429 $2,429

$2,197 PAB 2,197

10.54%

3-bedroom Apartment, Outside City Center (Monthly)

$2,311 $2,311

$1,538 PAB 1,538

50.21%

Buy Apartment in City Center (m2)

$5,280 $5,280

$3,116 PAB 3,116

69.48%

Buy Apartment Outside City Center (m2)

$2,743 $2,743

$1,725 PAB 1,725

59.05%

Average Monthly Net Salary (After Tax)

$3,655 $3,655

$934 PAB 934

291.16%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.6

6.39

3.29%

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

Last update for Las Vegas, NV: 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

Las Vegas, NV

$1.5K 50.8%

Panama City

$873 47.2% 40.4% $591

Eating Out

Las Vegas, NV

$402 14%

Panama City

$202 10.9% 49.9% $201

Groceries & Markets

Las Vegas, NV

$385 13.4%

Panama City

$324 17.5% 15.9% $61

Monthly Utilities & Internet

Las Vegas, NV

$362 12.6%

Panama City

$207 11.2% 42.8% $155

Clothing & Footwear

Las Vegas, NV

$116 4%

Panama City

$146 7.9% 25.1% $29

Getting Around

Las Vegas, NV

$91 3.2%

Panama City

$34 1.8% 62.9% $57

Sport & Entertainment

Las Vegas, NV

$59 2.1%

Panama City

$64 3.4% 7% $4.1

Cost Breakdown

A central one-bedroom costs $1,605 in Las Vegas, NV 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 291% higher in Las Vegas, NV, 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 $100 in Las Vegas, NV versus $48.00 in Panama City. Monthly groceries follow the same trend: $385 vs $324 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Las Vegas, NV

🇵🇦 Panama City

🕒 Local time

01:56 1:56 AM

03:56 3:56 AM

2 h ahead of Las Vegas, NV

🌤 Weather

👥 Population

641,903

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.892 EUR

1 PAB = 1 USD

1 PAB = 0.892 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 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 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).

PAB to USD in detail →

On the map

Lowest

Highest

Between locations

Las Vegas, NV Panama City 4,710 km ≈ 6 h nonstop flight

From you

Las Vegas, NV
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

Las Vegas, NV vs Panama City: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,926 in Las Vegas, NV, $1,837 in Panama City – roughly 59% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $4,388 per month in Las Vegas, NV 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.

Monthly expenses with rent come to $2,926 in Las Vegas, NV and $1,837 in Panama City. That's a gap of about 59%.

Public transport costs about 208% less in Panama City. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,837, than in Las Vegas, NV at $2,926. In Panama City it covers expenses comfortably, while in Las Vegas, NV 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 $2,926 in Las Vegas, NV. 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, Las Vegas, NV makes more sense. Both are solid long-term options with distinct trade-offs.