Last update: Oct 2026

Cost of Living Comparison Between Maple Ridge and Panama City

For one person, living is cheaper in Panama City: $1,855 a month against $2,507 in Maple Ridge, rent and utilities included – about $7,800 less a year. Rent and utilities account for most of the difference.

123

Cost of Living Index in Maple Ridge
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Maple Ridge Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Maple Ridge

🇨🇦 Canada

$2,507

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,507 in Maple Ridge versus $1,855 in Panama City.

Maple Ridge $2,507
Panama City $1,855

Estimated couple costs with rent: $3,662 in Maple Ridge versus $2,804 in Panama City.

Maple Ridge $3,662
Panama City $2,804

Monthly costs for a family of three with rent: $4,817 in Maple Ridge versus $3,753 in Panama City.

Maple Ridge $4,817
Panama City $3,753

Living in Maple Ridge is roughly 35% more expensive than in Panama City, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Maple Ridge 86% above, Panama City 37% above.

Meal at Budget Restaurant

$17.26 CA$24.40

$11.63 PAB 11.63

48.41%

Three-Course Dinner for Two, Mid-Range

$62.6 CA$88.5

$47.92 PAB 47.92

30.59%

Fast Food Meal (McDonalds, etc)

$11.24 CA$15.89

$7.96 PAB 7.96

41.21%

Cappuccino

$3.75 CA$5.30

$4.22 PAB 4.22

-11.14%

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

$1.94 CA$2.75

$2.01 PAB 2.01

-3.48%

Water (0.33 liter bottle)

$1.56 CA$2.21

$1.56 PAB 1.56

Local Beer (0.5 liter draught)

$5.08 CA$7.18

$3.39 PAB 3.39

49.85%

Imported Beer (0.33 liter bottle)

$3.40 CA$4.81

$3.94 PAB 3.94

-13.71%

Milk (1 liter)

$2.67 CA$3.78

$1.85 PAB 1.85

44.32%

White Bread (500g)

$2.14 CA$3.02

$2.56 PAB 2.56

-16.41%

Rice (white) (1kg)

$2.56 CA$3.63

$3.48 PAB 3.48

-26.44%

Eggs

$3.50 CA$4.95

$2.69 PAB 2.69

30.11%

Local Cheese (1kg)

$10.94 CA$15.46

$12.57 PAB 12.57

-12.97%

Chicken Fillets (1kg)

$10.80 CA$15.27

$6.83 PAB 6.83

58.13%

Beef Round Steak (1kg)

$16.80 CA$23.74

$10.58 PAB 10.58

58.79%

Apples (1kg)

$3.63 CA$5.13

$4.18 PAB 4.18

-13.16%

Banana (1kg)

$2.39 CA$3.38

$1.83 PAB 1.83

30.60%

Oranges (1kg)

$3.55 CA$5.02

$4.20 PAB 4.20

-15.48%

Tomato (1kg)

$3.93 CA$5.55

$4.03 PAB 4.03

-2.48%

Potato (1kg)

$3.33 CA$4.71

$3.48 PAB 3.48

-4.31%

Onion (1kg)

$2.08 CA$2.93

$4.22 PAB 4.22

-50.71%

Lettuce (1 head)

$2.30 CA$3.25

$2.41 PAB 2.41

-4.56%

Water (1.5 liter bottle)

$2.23 CA$3.16

$1.69 PAB 1.69

31.95%

Cigarettes 20 Pack (Marlboro, Camel)

$14.13 CA$19.97

$6.14 PAB 6.14

130.13%

Wine (Bottle)

$13.05 CA$18.45

$11.30 PAB 11.30

15.49%

Local Beer (0.5 liter bottle)

$2.95 CA$4.17

$1.42 PAB 1.42

107.75%

Imported Beer (0.33 liter bottle)

$4.23 CA$5.98

$2.73 PAB 2.73

54.95%

One-way Ticket (Public Transport)

$1.94 CA$2.74

$0.33 PAB 0.33

487.88%

Public Transport Monthly Pass (Regular Price)

$79.1 CA$112

$21.23 PAB 21.23

272.68%

Taxi Start (Normal Tariff)

$2.57 CA$3.63

$2.52 PAB 2.52

1.98%

Taxi (Normal Tariff) (1km)

$1.49 CA$2.11

$1.86 PAB 1.86

-19.89%

Taxi 1hour Waiting (Normal Tariff)

$27.63 CA$39.06

$21.78 PAB 21.78

26.86%

Gasoline (1 liter)

$1.27 CA$1.80

$1.25 PAB 1.25

1.60%

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

$27.7K CA$39.2K

$21.2K PAB 21.2K

30.62%

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

$18.3K CA$25.9K

$21.0K PAB 21.0K

-12.88%

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

$188 CA$266

$130 PAB 130

44.99%

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

$64.5 CA$91.2

$28.13 PAB 28.13

129.29%

Internet (50+ Mbps, Unlimited Data)

$80.1 CA$113

$48.21 PAB 48.21

66.04%

Gym Membership (Monthly)

$47.82 CA$67.6

$45.78 PAB 45.78

4.46%

Tennis Court (1 Hour on Weekend)

$13.87 CA$19.60

$34.92 PAB 34.92

-60.28%

Cinema Ticket

$10.31 CA$14.58

$8.67 PAB 8.67

18.92%

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

$1,061 CA$1,499

$544 PAB 544

94.88%

International Primary School, 1 Child (Yearly)

$10.6K CA$15.0K

$9,697 PAB 9,697

9.39%

Jeans (Levis 501 Or Similar)

$57.2 CA$80.9

$66.8 PAB 66.8

-14.26%

Summer Dress (H&M, Zara, etc)

$39.52 CA$55.9

$49.14 PAB 49.14

-19.58%

Sport Shoes (Adidas, Nike)

$90.4 CA$128

$93.9 PAB 93.9

-3.69%

Men's Leather Business Shoes

$124 CA$175

$112 PAB 112

11.27%

1-bedroom Apartment, City Center (Monthly)

$1,341 CA$1,896

$1,257 PAB 1,257

6.67%

1-bedroom Apartment, Outside City Center (Monthly)

$1,231 CA$1,740

$875 PAB 875

40.68%

3-bedroom Apartment, City Center (Monthly)

$2,427 CA$3,430

$2,155 PAB 2,155

12.59%

3-bedroom Apartment, Outside City Center (Monthly)

$2,056 CA$2,906

$1,564 PAB 1,564

31.45%

Buy Apartment in City Center (m2)

$5,697 CA$8,054

$3,122 PAB 3,122

82.47%

Buy Apartment Outside City Center (m2)

$3,554 CA$5,025

$1,709 PAB 1,709

107.94%

Average Monthly Net Salary (After Tax)

$3,050 CA$4,312

$916 PAB 916

233.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.64

6.39

-27.39%

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

Last update for Maple Ridge: October 11, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Maple Ridge

$1.2K 49.1%

Panama City

$875 47.2% 28.9% $356

Groceries & Markets

Maple Ridge

$375 15%

Panama City

$325 17.5% 13.4% $50

Monthly Utilities & Internet

Maple Ridge

$333 13.3%

Panama City

$206 11.1% 38% $127

Eating Out

Maple Ridge

$263 10.5%

Panama City

$207 11.1% 21.4% $56

Clothing & Footwear

Maple Ridge

$140 5.6%

Panama City

$145 7.8% 3.2% $4.5

Getting Around

Maple Ridge

$97 3.9%

Panama City

$34 1.9% 64.5% $63

Sport & Entertainment

Maple Ridge

$68 2.7%

Panama City

$63 3.4% 7.8% $5.3

Cost Breakdown

A one-bedroom apartment in the center runs $1,341 in Maple Ridge and $1,257 in Panama City. Housing cost is often the main lever when comparing two cities.

Maple Ridge pays 233% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $63.0 in Maple Ridge vs $48.00 in Panama City for a mid-range dinner for two. Groceries echo the gap at $375 vs $325 per month, with Panama City cheaper across the board.

Good to know

🇨🇦 Maple Ridge

🇵🇦 Panama City

🕒 Local time

13:54 1:54 PM

15:54 3:54 PM

2 h ahead of Maple Ridge

🌤 Weather

👥 Population

90,990

1,086,990 Capital

💱 Currency

Canadian Dollar CAD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 PAB = 1 USD

1 PAB = 0.89 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 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Panamanian Balboa exchange rates as of October 17, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to CAD in detail →

On the map

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Maple Ridge Panama City 5,990 km ≈ 8 h nonstop flight

From you

Maple Ridge
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

Maple Ridge vs Panama City: Cost of Living - Frequently Asked Questions

Panama City is cheaper overall, especially in groceries, eating out, and utilities. The 35% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 233% higher in Maple Ridge, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,341 in Maple Ridge versus $1,257 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 15% higher in Maple Ridge. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Panama City – a meal for two runs $48.00 versus $63.0 in Maple Ridge. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,855 in Panama City versus $2,507 in Maple Ridge, a $2,500 budget is realistic in Panama City but tight or insufficient in Maple Ridge. The gap between the two cities makes Panama City the clear choice for anyone on this budget.

For families, Panama City is more practical. Housing and childcare are both notably cheaper than in Maple Ridge, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Maple Ridge and Panama City are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Panama City gentler on the wallet – expenses run 35% less than in Maple Ridge. Beyond cost, consider language, visa policies, and how big the international community is in each city.