Last update: Oct 2026

Cost of Living Comparison Between Newport, OR and Panama City

For one person, living is cheaper in Panama City: $1,932 a month against $2,468 in Newport, OR, rent and utilities included – about $6,400 less a year. Rent and utilities account for most of the difference.

124

Cost of Living Index in Newport, OR
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Newport, OR Living Index
94

Cost of Living Index in Panama City
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Panama City Living Index

Jump to prices

Newport, OR

🇺🇸 United States

$2,468

/mo nomad

Panama City

🇵🇦 Panama

$1,932

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,468 in Newport, OR versus $1,932 in Panama City.

Newport, OR $2,468
Panama City $1,932

Estimated couple costs with rent: $3,642 in Newport, OR versus $2,887 in Panama City.

Newport, OR $3,642
Panama City $2,887

Monthly costs for a family of three with rent: $4,816 in Newport, OR versus $3,841 in Panama City.

Newport, OR $4,816
Panama City $3,841

Living in Newport, OR is roughly 28% more expensive than in Panama City, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Newport, OR 81% above, Panama City 42% above.

Meal at Budget Restaurant

$10.98 $10.98

$11.72 PAB 11.72

-6.31%

Three-Course Dinner for Two, Mid-Range

$47.75 $47.75

$46.74 PAB 46.74

2.16%

Fast Food Meal (McDonalds, etc)

$10.62 $10.62

$7.98 PAB 7.98

33.08%

Cappuccino

$4.05 $4.05

$4.18 PAB 4.18

-3.11%

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

$1.27 $1.27

$1.95 PAB 1.95

-34.87%

Water (0.33 liter bottle)

$1.59 $1.59

$1.64 PAB 1.64

-3.05%

Local Beer (0.5 liter draught)

$4.48 $4.48

$3.26 PAB 3.26

37.42%

Imported Beer (0.33 liter bottle)

$6.06 $6.06

$3.90 PAB 3.90

55.38%

Milk (1 liter)

$1.01 $1.01

$1.91 PAB 1.91

-47.12%

White Bread (500g)

$4.47 $4.47

$2.54 PAB 2.54

75.98%

Rice (white) (1kg)

$4.83 $4.83

$3.37 PAB 3.37

43.32%

Eggs

$5.43 $5.43

$2.82 PAB 2.82

92.55%

Local Cheese (1kg)

$6.59 $6.59

$12.60 PAB 12.60

-47.70%

Chicken Fillets (1kg)

$18.64 $18.64

$6.71 PAB 6.71

177.79%

Beef Round Steak (1kg)

$15.38 $15.38

$10.53 PAB 10.53

46.06%

Apples (1kg)

$4.36 $4.36

$4.04 PAB 4.04

7.92%

Banana (1kg)

$1.53 $1.53

$1.94 PAB 1.94

-21.13%

Oranges (1kg)

$2.16 $2.16

$4.25 PAB 4.25

-49.18%

Tomato (1kg)

$2.20 $2.20

$4.18 PAB 4.18

-47.37%

Potato (1kg)

$2.85 $2.85

$3.32 PAB 3.32

-14.16%

Onion (1kg)

$1.78 $1.78

$4.34 PAB 4.34

-58.99%

Lettuce (1 head)

$2.18 $2.18

$2.40 PAB 2.40

-9.17%

Water (1.5 liter bottle)

$1.27 $1.27

$1.71 PAB 1.71

-25.73%

Cigarettes 20 Pack (Marlboro, Camel)

$11.56 $11.56

$6.05 PAB 6.05

91.07%

Wine (Bottle)

$9.73 $9.73

$11.38 PAB 11.38

-14.50%

Local Beer (0.5 liter bottle)

$3.33 $3.33

$1.36 PAB 1.36

144.85%

Imported Beer (0.33 liter bottle)

$4.83 $4.83

$2.80 PAB 2.80

72.50%

One-way Ticket (Public Transport)

$1.73 $1.73

$0.34 PAB 0.34

408.82%

Public Transport Monthly Pass (Regular Price)

$55.7 $55.7

$21.28 PAB 21.28

161.89%

Taxi Start (Normal Tariff)

$4.92 $4.92

$2.43 PAB 2.43

102.47%

Taxi (Normal Tariff) (1km)

$1.91 $1.91

$1.85 PAB 1.85

3.24%

Taxi 1hour Waiting (Normal Tariff)

$23.53 $23.53

$21.77 PAB 21.77

8.08%

Gasoline (1 liter)

$1.29 $1.29

$1.20 PAB 1.20

7.50%

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

$34.2K $34.2K

$24.8K PAB 24.8K

37.89%

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

$26.1K $26.1K

$21.2K PAB 21.2K

23.02%

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

$284 $284

$132 PAB 132

114.74%

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

$62.6 $62.6

$28.34 PAB 28.34

120.78%

Internet (50+ Mbps, Unlimited Data)

$49.33 $49.33

$48.88 PAB 48.88

0.92%

Gym Membership (Monthly)

$39.32 $39.32

$43.02 PAB 43.02

-8.60%

Tennis Court (1 Hour on Weekend)

$34.94 PAB 34.94

Cinema Ticket

$11.92 $11.92

$8.43 PAB 8.43

41.40%

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

$1,650 $1,650

$545 PAB 545

202.43%

International Primary School, 1 Child (Yearly)

$24.2K $24.2K

$9,648 PAB 9,648

150.39%

Jeans (Levis 501 Or Similar)

$65.9 $65.9

$65.8 PAB 65.8

0.17%

Summer Dress (H&M, Zara, etc)

$42.33 $42.33

$47.25 PAB 47.25

-10.41%

Sport Shoes (Adidas, Nike)

$113 $113

$94.6 PAB 94.6

19.74%

Men's Leather Business Shoes

$134 $134

$110 PAB 110

21.90%

1-bedroom Apartment, City Center (Monthly)

$1,553 $1,553

$1,407 PAB 1,407

10.39%

1-bedroom Apartment, Outside City Center (Monthly)

$1,170 $1,170

$954 PAB 954

22.72%

3-bedroom Apartment, City Center (Monthly)

$2,895 $2,895

$2,272 PAB 2,272

27.41%

3-bedroom Apartment, Outside City Center (Monthly)

$2,166 $2,166

$1,662 PAB 1,662

30.36%

Buy Apartment in City Center (m2)

$3,145 $3,145

$3,057 PAB 3,057

2.89%

Buy Apartment Outside City Center (m2)

$2,677 $2,677

$1,729 PAB 1,729

54.78%

Average Monthly Net Salary (After Tax)

$916 PAB 916

20-Year Fixed Mortgage Interest Rate (Annual %)

5.25

6.39

-17.84%

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

Last update for Newport, OR: October 24, 2026

Last update for Panama City: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Newport, OR

$1.2K 47.4%

Panama City

$954 49.3% 18.5% $217

Monthly Utilities & Internet

Newport, OR

$396 16.1%

Panama City

$210 10.9% 47.1% $187

Groceries & Markets

Newport, OR

$387 15.7%

Panama City

$326 16.9% 15.9% $61

Eating Out

Newport, OR

$214 8.7%

Panama City

$206 10.7% 3.7% $7.8

Clothing & Footwear

Newport, OR

$160 6.5%

Panama City

$143 7.4% 10.7% $17

Getting Around

Newport, OR

$77 3.1%

Panama City

$34 1.8% 55.5% $43

Sport & Entertainment

Newport, OR

$63 2.6%

Panama City

$60 3.1% 5.2% $3.3

Cost Breakdown

A one-bedroom apartment in the center runs $1,553 in Newport, OR and $1,407 in Panama City. Housing cost is often the main lever when comparing two cities.

Dining out: $48 in Newport, OR vs $47 in Panama City for a mid-range dinner for two. Groceries echo the gap at $387 vs $326 per month, with Panama City cheaper across the board.

Good to know

🇺🇸 Newport, OR

🇵🇦 Panama City

🕒 Local time

11:37 11:37 AM

13:37 1:37 PM

2 h ahead of Newport, OR

🌤 Weather

👥 Population

24,409

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.898 EUR

1 PAB = 1 USD

1 PAB = 0.898 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 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

Panamanian Balboa exchange rates as of October 28, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.11 PAB (1 PAB = 0.898 EUR).

PAB to USD in detail →

On the map

Lowest

Highest

Between locations

Newport, OR Panama City 5,820 km ≈ 8 h nonstop flight

From you

Newport, 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

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

Panama City wins on cost – living expenses run 22% lower than in Newport, 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 $3,702 in Newport, OR and $2,899 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: $1,553 in Newport, OR versus $1,407 in Panama City. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 19% higher in Newport, OR. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $2,468 per month in Newport, OR versus $1,932 in Panama City – a 28% gap that adds up to real savings over time for anyone picking the cheaper option.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.