Last update: Oct 2026

Cost of Living Comparison Between Panama City, FL and Da Nang

For one person, living is cheaper in Da Nang: $889 a month against $2,409 in Panama City, FL, rent and utilities included – about $18,200 less a year. Rent and utilities account for most of the difference.

115

Cost of Living Index in Panama City, FL
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Panama City, FL Living Index
42

Cost of Living Index in Da Nang
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Da Nang Living Index

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Panama City, FL

🇺🇸 United States

$2,409

/mo nomad

Da Nang

🇻🇳 Vietnam

$889

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City, FL and in Da Nang

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Panama City, FL and in Da Nang actually costs, broken down by who's living it.

A single person spends $2,409 per month in Panama City, FL vs $889 in Da Nang, rent included.

Panama City, FL $2,409
Da Nang $889

A couple spends around $3,287 per month in Panama City, FL vs $1,426 in Da Nang, rent included.

Panama City, FL $3,287
Da Nang $1,426

A family of three spends $4,165 per month in Panama City, FL vs $1,963 in Da Nang, rent included.

Panama City, FL $4,165
Da Nang $1,963

Panama City, FL costs about 171% more than Da Nang, and outside of rent the biggest gap is in eating out.

Panama City, FL sits 77% above the global median, while Da Nang is 35% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$18.74 $18.74

$2.17 ₫56.1K

763.59%

Three-Course Dinner for Two, Mid-Range

$54.0 $54.0

$19.53 ₫505.0K

176.50%

Fast Food Meal (McDonalds, etc)

$12.11 $12.11

$4.53 ₫117.2K

167.33%

Cappuccino

$5.60 $5.60

$1.64 ₫42.4K

241.46%

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

$2.89 $2.89

$0.60 ₫15.6K

381.67%

Water (0.33 liter bottle)

$1.70 $1.70

$0.34 ₫8,918

400.00%

Local Beer (0.5 liter draught)

$5.10 $5.10

$1.33 ₫34.5K

283.46%

Imported Beer (0.33 liter bottle)

$7.12 $7.12

$2.36 ₫61.1K

201.69%

Milk (1 liter)

$0.90 $0.90

$1.60 ₫41.2K

-43.75%

White Bread (500g)

$3.46 $3.46

$1.20 ₫31.1K

188.33%

Rice (white) (1kg)

$2.66 $2.66

$1.05 ₫27.2K

153.33%

Eggs

$3.30 $3.30

$1.52 ₫39.4K

117.11%

Local Cheese (1kg)

$10.78 $10.78

$12.82 ₫331.3K

-15.91%

Chicken Fillets (1kg)

$11.61 $11.61

$4.17 ₫107.7K

178.42%

Beef Round Steak (1kg)

$14.64 $14.64

$9.33 ₫241.1K

56.91%

Apples (1kg)

$4.10 $4.10

$2.60 ₫67.3K

57.69%

Banana (1kg)

$1.49 $1.49

$1.21 ₫31.4K

23.14%

Oranges (1kg)

$2.73 $2.73

$1.28 ₫33.1K

113.28%

Tomato (1kg)

$4.30 $4.30

$1.57 ₫40.6K

173.89%

Potato (1kg)

$3.11 $3.11

$1.20 ₫31.1K

159.17%

Onion (1kg)

$2.84 $2.84

$1.31 ₫33.9K

116.79%

Lettuce (1 head)

$2.09 $2.09

$1.04 ₫26.9K

100.96%

Water (1.5 liter bottle)

$2.22 $2.22

$0.49 ₫12.7K

353.06%

Cigarettes 20 Pack (Marlboro, Camel)

$9.31 $9.31

$1.51 ₫39.1K

516.56%

Wine (Bottle)

$12.15 $12.15

$7.97 ₫206.0K

52.45%

Local Beer (0.5 liter bottle)

$1.70 $1.70

$0.93 ₫24.1K

82.80%

Imported Beer (0.33 liter bottle)

$3.86 $3.86

$2.18 ₫56.4K

77.06%

One-way Ticket (Public Transport)

$1.46 $1.46

$0.30 ₫7,708

386.67%

Public Transport Monthly Pass (Regular Price)

$35.52 $35.52

$6.31 ₫163.0K

462.92%

Taxi Start (Normal Tariff)

$2.55 $2.55

$1.04 ₫26.9K

145.19%

Taxi (Normal Tariff) (1km)

$1.51 $1.51

$0.57 ₫14.6K

164.91%

Taxi 1hour Waiting (Normal Tariff)

$26.17 $26.17

$19.27 ₫498.1K

35.81%

Gasoline (1 liter)

$0.98 $0.98

$0.91 ₫23.5K

7.69%

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

$27.5K $27.5K

$30.8K ₫796.9M

-10.79%

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

$25.9K $25.9K

$28.4K ₫733.6M

-8.56%

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

$169 $169

$78.5 ₫2.0M

115.62%

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

$44.38 $44.38

$6.35 ₫164.2K

598.90%

Internet (50+ Mbps, Unlimited Data)

$59.5 $59.5

$8.33 ₫215.3K

614.77%

Gym Membership (Monthly)

$24.35 $24.35

$27.08 ₫700.0K

-10.08%

Tennis Court (1 Hour on Weekend)

$5.32 ₫137.5K

Cinema Ticket

$12.87 $12.87

$3.37 ₫87.0K

281.90%

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

$618 $618

$423 ₫10.9M

46.04%

International Primary School, 1 Child (Yearly)

$13.9K $13.9K

$15.1K ₫390.3M

-8.23%

Jeans (Levis 501 Or Similar)

$48.26 $48.26

$45.19 ₫1.2M

6.79%

Summer Dress (H&M, Zara, etc)

$40.43 $40.43

$27.75 ₫717.5K

45.69%

Sport Shoes (Adidas, Nike)

$84.5 $84.5

$101 ₫2.6M

-16.10%

Men's Leather Business Shoes

$95.9 $95.9

$82.8 ₫2.1M

15.79%

1-bedroom Apartment, City Center (Monthly)

$921 $921

$553 ₫14.3M

66.47%

1-bedroom Apartment, Outside City Center (Monthly)

$1,248 $1,248

$369 ₫9.5M

238.06%

3-bedroom Apartment, City Center (Monthly)

$1,673 $1,673

$1,228 ₫31.7M

36.27%

3-bedroom Apartment, Outside City Center (Monthly)

$1,662 $1,662

$821 ₫21.2M

102.41%

Buy Apartment in City Center (m2)

$3,269 $3,269

$3,858 ₫99.7M

-15.26%

Buy Apartment Outside City Center (m2)

$2,694 $2,694

$1,877 ₫48.5M

43.54%

Average Monthly Net Salary (After Tax)

$3,980 $3,980

$362 ₫9.4M

998.15%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.54

10.72

-38.99%

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

Last update for Panama City, FL: October 27, 2026

Last update for Da Nang: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Panama City, FL

$1.2K 51.8%

Da Nang

$369 41.5% 70.4% $879

Groceries & Markets

Panama City, FL

$354 14.7%

Da Nang

$200 22.5% 43.5% $154

Eating Out

Panama City, FL

$312 12.9%

Da Nang

$66 7.4% 78.9% $246

Monthly Utilities & Internet

Panama City, FL

$273 11.3%

Da Nang

$93 10.5% 65.9% $180

Clothing & Footwear

Panama City, FL

$121 5%

Da Nang

$115 13% 4.7% $5.7

Getting Around

Panama City, FL

$51 2.1%

Da Nang

$11 1.3% 77.9% $40

Sport & Entertainment

Panama City, FL

$50 2.1%

Da Nang

$34 3.8% 32.5% $16

Cost Breakdown

A central one-bedroom costs $921 in Panama City, FL versus $553 in Da Nang. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Panama City, FL are about 11 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $54 in Panama City, FL versus $20 in Da Nang. Monthly groceries follow the same trend: $354 vs $200 – making Da Nang the more affordable choice for daily food spending.

Good to know

🇺🇸 Panama City, FL

🇻🇳 Da Nang

🕒 Local time

06:57 6:57 AM

18:57 6:57 PM

12 h ahead of Panama City, FL

🌤 Weather

👥 Population

36,484

1,245,200

💱 Currency

United States Dollar USD $

Vietnamese Dong VND ₫

📈 Exchange rate

1 USD = 0.896 EUR

100,000 VND = 3.87 USD

100,000 VND = 3.47 EUR

Exchange rates and currency converter

VND, EUR to USD – United States Dollar Converter

🇻🇳 Vietnamese Dong (₫)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 29, 2026: 1 EUR = 1.12 USD (1 USD = 0.896 EUR).

Vietnamese Dong exchange rates as of October 29, 2026: 1 USD = 25,852 VND (100,000 VND = 3.87 USD). 1 EUR = 28,849 VND (100,000 VND = 3.47 EUR).

VND to USD in detail →

On the map

Lowest

Highest

Between locations

Panama City, FL Da Nang 14,660 km ≈ 19 h nonstop flight

From you

Panama City, FL
Da Nang

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

Panama City, FL vs Da Nang: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,409 in Panama City, FL, $889 in Da Nang – Da Nang comes out roughly 63% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $3,614 per month in Panama City, FL and $1,333 in Da Nang. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Da Nang, especially for central apartments: a one-bedroom in the center costs $553 there versus $921 in Panama City, FL.

Groceries cost about 77% more in Panama City, FL, though the gap depends on what you buy.

A mid-range dinner for two costs $54 in Panama City, FL and $20 in Da Nang. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,200 monthly budget goes further in Da Nang, where all-in costs run around $889, than in Panama City, FL at $2,409. In Da Nang it covers expenses comfortably, while in Panama City, FL it requires careful planning or may not stretch far enough.

Families tend to lean toward Da Nang – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Da Nang. If higher salaries or specific career opportunities are the priority, Panama City, FL makes more sense. Both are solid long-term options with distinct trade-offs.