Last update: Oct 2026

Cost of Living Comparison Between Ocean Shores, WA and Panama City

For one person, living is cheaper in Panama City: $1,932 a month against $2,814 in Ocean Shores, WA, rent and utilities included – about $10,600 less a year. Rent and utilities account for about half of the difference.

137

Cost of Living Index in Ocean Shores, WA
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Ocean Shores, WA Living Index
94

Cost of Living Index in Panama City
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Panama City Living Index

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Ocean Shores, WA

🇺🇸 United States

$2,814

/mo nomad

Panama City

🇵🇦 Panama

$1,932

/mo nomad

Monthly Cost of Living

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

A single person spends $2,814 per month in Ocean Shores, WA vs $1,932 in Panama City, rent included.

Ocean Shores, WA $2,814
Panama City $1,932

A couple spends around $4,147 per month in Ocean Shores, WA vs $2,887 in Panama City, rent included.

Ocean Shores, WA $4,147
Panama City $2,887

A family of three spends $5,480 per month in Ocean Shores, WA vs $3,841 in Panama City, rent included.

Ocean Shores, WA $5,480
Panama City $3,841

Ocean Shores, WA costs about 46% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Ocean Shores, WA and Panama City sit above the global median – Ocean Shores, WA by 107%, Panama City by 42%.

Meal at Budget Restaurant

$24.79 $24.79

$11.72 PAB 11.72

111.52%

Three-Course Dinner for Two, Mid-Range

$101 $101

$46.74 PAB 46.74

115.98%

Fast Food Meal (McDonalds, etc)

$15.22 $15.22

$7.98 PAB 7.98

90.73%

Cappuccino

$6.77 $6.77

$4.18 PAB 4.18

61.96%

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

$3.15 $3.15

$1.95 PAB 1.95

61.54%

Water (0.33 liter bottle)

$3.14 $3.14

$1.64 PAB 1.64

91.46%

Local Beer (0.5 liter draught)

$8.13 $8.13

$3.26 PAB 3.26

149.39%

Imported Beer (0.33 liter bottle)

$8.16 $8.16

$3.90 PAB 3.90

109.23%

Milk (1 liter)

$1.15 $1.15

$1.91 PAB 1.91

-39.79%

White Bread (500g)

$3.25 $3.25

$2.54 PAB 2.54

27.95%

Rice (white) (1kg)

$5.37 $5.37

$3.37 PAB 3.37

59.35%

Eggs

$3.46 $3.46

$2.82 PAB 2.82

22.70%

Local Cheese (1kg)

$11.19 $11.19

$12.60 PAB 12.60

-11.19%

Chicken Fillets (1kg)

$6.22 $6.22

$6.71 PAB 6.71

-7.30%

Beef Round Steak (1kg)

$16.50 $16.50

$10.53 PAB 10.53

56.70%

Apples (1kg)

$4.47 $4.47

$4.04 PAB 4.04

10.64%

Banana (1kg)

$1.86 $1.86

$1.94 PAB 1.94

-4.12%

Oranges (1kg)

$3.37 $3.37

$4.25 PAB 4.25

-20.71%

Tomato (1kg)

$6.29 $6.29

$4.18 PAB 4.18

50.48%

Potato (1kg)

$3.49 $3.49

$3.32 PAB 3.32

5.12%

Onion (1kg)

$3.16 $3.16

$4.34 PAB 4.34

-27.19%

Lettuce (1 head)

$1.96 $1.96

$2.40 PAB 2.40

-18.33%

Water (1.5 liter bottle)

$1.97 $1.97

$1.71 PAB 1.71

15.20%

Cigarettes 20 Pack (Marlboro, Camel)

$12.42 $12.42

$6.05 PAB 6.05

105.29%

Wine (Bottle)

$14.75 $14.75

$11.38 PAB 11.38

29.61%

Local Beer (0.5 liter bottle)

$2.18 $2.18

$1.36 PAB 1.36

60.29%

Imported Beer (0.33 liter bottle)

$1.98 $1.98

$2.80 PAB 2.80

-29.29%

One-way Ticket (Public Transport)

$1.96 $1.96

$0.34 PAB 0.34

476.47%

Public Transport Monthly Pass (Regular Price)

$59.7 $59.7

$21.28 PAB 21.28

180.73%

Taxi Start (Normal Tariff)

$2.67 $2.67

$2.43 PAB 2.43

9.88%

Taxi (Normal Tariff) (1km)

$1.72 $1.72

$1.85 PAB 1.85

-7.03%

Taxi 1hour Waiting (Normal Tariff)

$29.49 $29.49

$21.77 PAB 21.77

35.46%

Gasoline (1 liter)

$1.42 $1.42

$1.20 PAB 1.20

18.33%

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

$37.0K $37.0K

$24.8K PAB 24.8K

49.44%

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

$25.7K $25.7K

$21.2K PAB 21.2K

21.46%

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

$302 $302

$132 PAB 132

127.79%

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

$68.6 $68.6

$28.34 PAB 28.34

142.17%

Internet (50+ Mbps, Unlimited Data)

$87.5 $87.5

$48.88 PAB 48.88

79.05%

Gym Membership (Monthly)

$35.13 $35.13

$43.02 PAB 43.02

-18.34%

Tennis Court (1 Hour on Weekend)

$34.94 PAB 34.94

Cinema Ticket

$18.30 $18.30

$8.43 PAB 8.43

117.08%

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

$2,796 $2,796

$545 PAB 545

412.56%

International Primary School, 1 Child (Yearly)

$31.0K $31.0K

$9,648 PAB 9,648

220.87%

Jeans (Levis 501 Or Similar)

$80.0 $80.0

$65.8 PAB 65.8

21.57%

Summer Dress (H&M, Zara, etc)

$55.3 $55.3

$47.25 PAB 47.25

16.97%

Sport Shoes (Adidas, Nike)

$127 $127

$94.6 PAB 94.6

34.46%

Men's Leather Business Shoes

$160 $160

$110 PAB 110

45.95%

1-bedroom Apartment, City Center (Monthly)

$1,413 $1,413

$1,407 PAB 1,407

0.45%

1-bedroom Apartment, Outside City Center (Monthly)

$1,244 $1,244

$954 PAB 954

30.42%

3-bedroom Apartment, City Center (Monthly)

$2,604 $2,604

$2,272 PAB 2,272

14.59%

3-bedroom Apartment, Outside City Center (Monthly)

$2,071 $2,071

$1,662 PAB 1,662

24.65%

Buy Apartment in City Center (m2)

$2,770 $2,770

$3,057 PAB 3,057

-9.38%

Buy Apartment Outside City Center (m2)

$2,491 $2,491

$1,729 PAB 1,729

44.07%

Average Monthly Net Salary (After Tax)

$916 PAB 916

20-Year Fixed Mortgage Interest Rate (Annual %)

6.89

6.39

7.82%

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

Last update for Ocean Shores, WA: 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

Ocean Shores, WA

$1.2K 44.2%

Panama City

$954 49.3% 23.3% $290

Monthly Utilities & Internet

Ocean Shores, WA

$458 16.3%

Panama City

$210 10.9% 54.2% $248

Eating Out

Ocean Shores, WA

$407 14.5%

Panama City

$206 10.7% 49.3% $201

Groceries & Markets

Ocean Shores, WA

$365 13%

Panama City

$326 16.9% 10.6% $39

Clothing & Footwear

Ocean Shores, WA

$190 6.8%

Panama City

$143 7.4% 24.9% $47

Getting Around

Ocean Shores, WA

$79 2.8%

Panama City

$34 1.8% 56.5% $45

Sport & Entertainment

Ocean Shores, WA

$72 2.6%

Panama City

$60 3.1% 16.5% $12

Cost Breakdown

A central one-bedroom costs $1,413 in Ocean Shores, WA versus $1,407 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 $101 in Ocean Shores, WA versus $47 in Panama City. Monthly groceries follow the same trend: $365 vs $326 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Ocean Shores, WA

🇵🇦 Panama City

🕒 Local time

15:53 3:53 PM

17:53 5:53 PM

2 h ahead of Ocean Shores, WA

🌤 Weather

👥 Population

6,700

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

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Between locations

Ocean Shores, WA Panama City 5,960 km ≈ 8 h nonstop flight

From you

Ocean Shores, WA
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

Ocean Shores, WA vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Ocean Shores, WA is pricier by about 46%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $4,221 per month in Ocean Shores, WA and $2,899 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,413 in Ocean Shores, WA and $1,407 in Panama City. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Groceries cost about 12% more in Ocean Shores, WA, though the gap depends on what you buy.

A mid-range dinner for two costs $101 in Ocean Shores, WA and $47 in Panama City. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,932, than in Ocean Shores, WA at $2,814. In Panama City it covers expenses comfortably, while in Ocean Shores, WA 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 $1,932 in Panama City to $2,814 in Ocean Shores, WA. Climate, culture, job market, and personal taste all factor in.