Last update: Oct 2026

Cost of Living Comparison Between Newberg, OR and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $2,417 in Newberg, OR, rent and utilities included – about $7,000 less a year. Rent and utilities account for about half of the difference.

Newberg, OR
🇺🇸 United States
$2,417
/mo nomad
Panama City
🇵🇦 Panama
$1,837
/mo nomad
Monthly Cost of Living

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

A single person spends $2,417 per month in Newberg, OR vs $1,837 in Panama City, rent included.

  • Newberg, OR $2,417
  • Panama City $1,837

A couple spends around $3,576 per month in Newberg, OR vs $2,825 in Panama City, rent included.

  • Newberg, OR $3,576
  • Panama City $2,825

A family of three spends $4,734 per month in Newberg, OR vs $3,812 in Panama City, rent included.

  • Newberg, OR $4,734
  • Panama City $3,812

Newberg, OR costs about 32% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Newberg, OR and Panama City sit above the global median – Newberg, OR by 80%, Panama City by 37%.

Currency
🍽 Eating Out
Newberg, OR
Panama City
Difference
Meal at Budget Restaurant
$17.72 $17.72
$11.34 PAB 11.34
56.26%
Three-Course Dinner for Two, Mid-Range
$57.6 $57.6
$47.85 PAB 47.85
20.29%
Fast Food Meal (McDonalds, etc)
$10.62 $10.62
$8.07 PAB 8.07
31.60%
Cappuccino
$5.07 $5.07
$4.02 PAB 4.02
26.12%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.45 $2.45
$1.94 PAB 1.94
26.29%
Water (0.33 liter bottle)
$1.99 $1.99
$1.62 PAB 1.62
22.84%
Local Beer (0.5 liter draught)
$5.12 $5.12
$3.26 PAB 3.26
57.06%
Imported Beer (0.33 liter bottle)
$4.49 $4.49
$3.99 PAB 3.99
12.53%
🛒 Groceries & Markets
Newberg, OR
Panama City
Difference
Milk (1 liter)
$1.02 $1.02
$1.83 PAB 1.83
-44.26%
White Bread (500g)
$3.90 $3.90
$2.57 PAB 2.57
51.75%
Rice (white) (1kg)
$5.18 $5.18
$3.33 PAB 3.33
55.56%
Eggs
$2.97 $2.97
$2.69 PAB 2.69
10.41%
Local Cheese (1kg)
$10.24 $10.24
$12.33 PAB 12.33
-16.95%
Chicken Fillets (1kg)
$10.83 $10.83
$6.69 PAB 6.69
61.88%
Beef Round Steak (1kg)
$19.65 $19.65
$10.40 PAB 10.40
88.94%
Apples (1kg)
$3.85 $3.85
$4.16 PAB 4.16
-7.45%
Banana (1kg)
$1.69 $1.69
$1.84 PAB 1.84
-8.15%
Oranges (1kg)
$3.76 $3.76
$4.18 PAB 4.18
-10.05%
Tomato (1kg)
$3.33 $3.33
$4.08 PAB 4.08
-18.38%
Potato (1kg)
$2.10 $2.10
$3.50 PAB 3.50
-40.00%
Onion (1kg)
$2.13 $2.13
$4.37 PAB 4.37
-51.26%
Lettuce (1 head)
$1.90 $1.90
$2.34 PAB 2.34
-18.80%
Water (1.5 liter bottle)
$1.84 $1.84
$1.75 PAB 1.75
5.14%
Cigarettes 20 Pack (Marlboro, Camel)
$10.70 $10.70
$6.06 PAB 6.06
76.57%
Wine (Bottle)
$13.26 $13.26
$11.72 PAB 11.72
13.14%
Local Beer (0.5 liter bottle)
$1.74 $1.74
$1.37 PAB 1.37
27.01%
Imported Beer (0.33 liter bottle)
$3.43 $3.43
$2.84 PAB 2.84
20.77%
🚌 Getting Around
Newberg, OR
Panama City
Difference
One-way Ticket (Public Transport)
$1.78 $1.78
$0.36 PAB 0.36
394.44%
Public Transport Monthly Pass (Regular Price)
-
$20.96 PAB 20.96
-
Taxi Start (Normal Tariff)
$4.98 $4.98
$2.52 PAB 2.52
97.62%
Taxi (Normal Tariff) (1km)
$1.33 $1.33
$1.79 PAB 1.79
-25.70%
Taxi 1hour Waiting (Normal Tariff)
$29.53 $29.53
$22.01 PAB 22.01
34.17%
Gasoline (1 liter)
$1.27 $1.27
$1.25 PAB 1.25
1.60%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$33.7K $33.7K
$21.5K PAB 21.5K
56.46%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.3K $24.3K
$21.2K PAB 21.2K
14.62%
🧾 Monthly Utilities & Internet
Newberg, OR
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$148 $148
$131 PAB 131
13.18%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$45.77 $45.77
$27.68 PAB 27.68
65.35%
Internet (50+ Mbps, Unlimited Data)
$65.2 $65.2
$48.59 PAB 48.59
34.18%
🎉 Sport & Entertainment
Newberg, OR
Panama City
Difference
Gym Membership (Monthly)
$41.21 $41.21
$46.11 PAB 46.11
-10.63%
Tennis Court (1 Hour on Weekend)
-
$35.01 PAB 35.01
-
Cinema Ticket
$13.94 $13.94
$8.73 PAB 8.73
59.68%
🧸 Childcare & Education
Newberg, OR
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,225 $1,225
$551 PAB 551
122.48%
International Primary School, 1 Child (Yearly)
$12.4K $12.4K
$9,560 PAB 9,560
30.05%
👕👟 Clothing & Footwear
Newberg, OR
Panama City
Difference
Jeans (Levis 501 Or Similar)
$59.7 $59.7
$67.6 PAB 67.6
-11.68%
Summer Dress (H&M, Zara, etc)
$44.28 $44.28
$48.03 PAB 48.03
-7.81%
Sport Shoes (Adidas, Nike)
$99.1 $99.1
$94.9 PAB 94.9
4.41%
Men's Leather Business Shoes
$103 $103
$113 PAB 113
-9.21%
🏠 Accommodation & Living
Newberg, OR
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$1,373 $1,373
$1,238 PAB 1,238
10.93%
1-bedroom Apartment, Outside City Center (Monthly)
$1,275 $1,275
$873 PAB 873
46.06%
3-bedroom Apartment, City Center (Monthly)
$2,721 $2,721
$2,197 PAB 2,197
23.85%
3-bedroom Apartment, Outside City Center (Monthly)
$2,044 $2,044
$1,538 PAB 1,538
32.86%
Buy Apartment in City Center (m2)
$3,045 $3,045
$3,116 PAB 3,116
-2.26%
Buy Apartment Outside City Center (m2)
$2,244 $2,244
$1,725 PAB 1,725
30.13%
💵 Salaries & Financials
Newberg, OR
Panama City
Difference
Average Monthly Net Salary (After Tax)
-
$934 PAB 934
-
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 Newberg, OR: October 4, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Newberg, OR
$1.3K
Panama City
$873 31.5% $402
Groceries & Markets
Newberg, OR
$369
Panama City
$324 12.1% $45
Eating Out
Newberg, OR
$287
Panama City
$202 29.7% $85
Monthly Utilities & Internet
Newberg, OR
$259
Panama City
$207 20% $52
Clothing & Footwear
Newberg, OR
$138
Panama City
$146 5.8% $8
Sport & Entertainment
Newberg, OR
$69
Panama City
$64 8% $5.5
Getting Around
Newberg, OR
$19 *
Panama City
$34 80.6% $15

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

Cost Breakdown

A central one-bedroom costs $1,373 in Newberg, OR 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.

A mid-range dinner for two costs $58.0 in Newberg, OR versus $48.00 in Panama City. Monthly groceries follow the same trend: $369 vs $324 – making Panama City the more affordable choice for daily food spending.

Good to know
🇺🇸 Newberg, OR
🇵🇦 Panama City
🕒 Local time
11:37 11:37 AM
13:37 1:37 PM
2 h ahead of Newberg, OR
🌤 Weather
👥 Population
25,138
1,086,990 Capital
Exchange rates and currency converter

PAB, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 11, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Panamanian Balboa exchange rates as of October 11, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

On the map
Between locations
  • Newberg, OR Panama City 5,780 km ≈ 8 h nonstop flight
From you
  • Newberg, 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
Newberg, OR vs Panama City: Cost of Living - Frequently Asked Questions
Is Panama City cheaper than Newberg, OR?
Yes – Newberg, OR is pricier by about 32%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $3,626 per month in Newberg, OR and $2,756 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
What are total monthly expenses in Newberg, OR and in Panama City?
Monthly expenses with rent come to $2,417 in Newberg, OR and $1,837 in Panama City. That's a gap of about 32%.
Which city has cheaper kindergarten?
Kindergarten costs $1,225 per month in Newberg, OR and $551 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $2,500 a realistic budget for living in Newberg, OR or in Panama City?
A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,837, than in Newberg, OR at $2,417. In Panama City it covers expenses comfortably, while in Newberg, OR it requires careful planning or may not stretch far enough.
Is Newberg, OR or Panama City more family-friendly?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Panama City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Newberg, OR makes more sense. Both are solid long-term options with distinct trade-offs.

Newberg, OR vs other spots: cost of living compared

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