Last update: Oct 2026

Cost of Living Comparison Between Panama City and Agoura Hills, CA

For one person, living is cheaper in Panama City: $1,857 a month against $2,874 in Agoura Hills, CA, rent and utilities included – about $12,200 less a year. Rent and utilities account for about half of the difference.

Panama City
🇵🇦 Panama
$1,857
/mo nomad
Agoura Hills, CA
🇺🇸 United States
$2,874
/mo nomad
Monthly Cost of Living

How much you'll spend in Panama City and in Agoura Hills, CA

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

Monthly costs for one person with rent: $1,857 in Panama City versus $2,874 in Agoura Hills, CA.

  • Panama City $1,857
  • Agoura Hills, CA $2,874

Estimated couple costs with rent: $2,815 in Panama City versus $4,272 in Agoura Hills, CA.

  • Panama City $2,815
  • Agoura Hills, CA $4,272

Monthly costs for a family of three with rent: $3,773 in Panama City versus $5,670 in Agoura Hills, CA.

  • Panama City $3,773
  • Agoura Hills, CA $5,670

Living in Panama City costs roughly 35% less than in Agoura Hills, CA, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Panama City 37% above, Agoura Hills, CA 112% above.

Currency
🍽 Eating Out
Panama City
Agoura Hills, CA
Difference
Meal at Budget Restaurant
$11.68 PAB 11.68
$25.06 $25.06
-53.39%
Three-Course Dinner for Two, Mid-Range
$47.76 PAB 47.76
$99.9 $99.9
-52.20%
Fast Food Meal (McDonalds, etc)
$8.12 PAB 8.12
$11.56 $11.56
-29.76%
Cappuccino
$4.23 PAB 4.23
$5.57 $5.57
-24.06%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.92 PAB 1.92
$2.83 $2.83
-32.16%
Water (0.33 liter bottle)
$1.58 PAB 1.58
$2.02 $2.02
-21.78%
Local Beer (0.5 liter draught)
$3.31 PAB 3.31
$8.13 $8.13
-59.29%
Imported Beer (0.33 liter bottle)
$3.98 PAB 3.98
$9.80 $9.80
-59.39%
🛒 Groceries & Markets
Panama City
Agoura Hills, CA
Difference
Milk (1 liter)
$1.92 PAB 1.92
$1.18 $1.18
62.71%
White Bread (500g)
$2.63 PAB 2.63
$5.61 $5.61
-53.12%
Rice (white) (1kg)
$3.39 PAB 3.39
$4.31 $4.31
-21.35%
Eggs
$2.67 PAB 2.67
$5.11 $5.11
-47.75%
Local Cheese (1kg)
$12.21 PAB 12.21
$12.48 $12.48
-2.16%
Chicken Fillets (1kg)
$6.91 PAB 6.91
$20.74 $20.74
-66.68%
Beef Round Steak (1kg)
$10.58 PAB 10.58
$14.08 $14.08
-24.86%
Apples (1kg)
$4.16 PAB 4.16
$5.47 $5.47
-23.95%
Banana (1kg)
$1.97 PAB 1.97
$1.73 $1.73
13.87%
Oranges (1kg)
$4.06 PAB 4.06
$4.11 $4.11
-1.22%
Tomato (1kg)
$4.18 PAB 4.18
$6.70 $6.70
-37.61%
Potato (1kg)
$3.47 PAB 3.47
$3.53 $3.53
-1.70%
Onion (1kg)
$4.26 PAB 4.26
$3.52 $3.52
21.02%
Lettuce (1 head)
$2.44 PAB 2.44
$2.40 $2.40
1.67%
Water (1.5 liter bottle)
$1.69 PAB 1.69
$2.27 $2.27
-25.55%
Cigarettes 20 Pack (Marlboro, Camel)
$5.83 PAB 5.83
$11.88 $11.88
-50.93%
Wine (Bottle)
$11.43 PAB 11.43
$14.75 $14.75
-22.51%
Local Beer (0.5 liter bottle)
$1.38 PAB 1.38
$1.76 $1.76
-21.59%
Imported Beer (0.33 liter bottle)
$2.76 PAB 2.76
$3.23 $3.23
-14.55%
🚌 Getting Around
Panama City
Agoura Hills, CA
Difference
One-way Ticket (Public Transport)
$0.33 PAB 0.33
$2.03 $2.03
-83.74%
Public Transport Monthly Pass (Regular Price)
$20.63 PAB 20.63
$79.0 $79.0
-73.90%
Taxi Start (Normal Tariff)
$2.55 PAB 2.55
$4.45 $4.45
-42.70%
Taxi (Normal Tariff) (1km)
$1.78 PAB 1.78
$1.91 $1.91
-6.81%
Taxi 1hour Waiting (Normal Tariff)
$22.17 PAB 22.17
$35.60 $35.60
-37.72%
Gasoline (1 liter)
$1.24 PAB 1.24
$1.52 $1.52
-18.42%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$24.4K PAB 24.4K
$28.0K $28.0K
-12.89%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.3K PAB 21.3K
$26.8K $26.8K
-20.66%
🧾 Monthly Utilities & Internet
Panama City
Agoura Hills, CA
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$131 PAB 131
$212 $212
-38.04%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.83 PAB 27.83
$70.3 $70.3
-60.42%
Internet (50+ Mbps, Unlimited Data)
$49.32 PAB 49.32
$69.0 $69.0
-28.47%
🎉 Sport & Entertainment
Panama City
Agoura Hills, CA
Difference
Gym Membership (Monthly)
$45.69 PAB 45.69
$49.60 $49.60
-7.88%
Tennis Court (1 Hour on Weekend)
$34.10 PAB 34.10
-
-
Cinema Ticket
$8.47 PAB 8.47
$12.24 $12.24
-30.80%
🧸 Childcare & Education
Panama City
Agoura Hills, CA
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$553 PAB 553
$1,922 $1,922
-71.20%
International Primary School, 1 Child (Yearly)
$9,719 PAB 9,719
$43.6K $43.6K
-77.68%
👕👟 Clothing & Footwear
Panama City
Agoura Hills, CA
Difference
Jeans (Levis 501 Or Similar)
$66.4 PAB 66.4
$73.2 $73.2
-9.26%
Summer Dress (H&M, Zara, etc)
$47.39 PAB 47.39
$40.56 $40.56
16.84%
Sport Shoes (Adidas, Nike)
$95.7 PAB 95.7
$81.5 $81.5
17.38%
Men's Leather Business Shoes
$113 PAB 113
$171 $171
-34.08%
🏠 Accommodation & Living
Panama City
Agoura Hills, CA
Difference
1-bedroom Apartment, City Center (Monthly)
$1,322 PAB 1,322
$1,571 $1,571
-15.83%
1-bedroom Apartment, Outside City Center (Monthly)
$874 PAB 874
$1,325 $1,325
-34.01%
3-bedroom Apartment, City Center (Monthly)
$2,153 PAB 2,153
$2,505 $2,505
-14.06%
3-bedroom Apartment, Outside City Center (Monthly)
$1,580 PAB 1,580
$2,155 $2,155
-26.67%
Buy Apartment in City Center (m2)
$3,097 PAB 3,097
$2,698 $2,698
14.80%
Buy Apartment Outside City Center (m2)
$1,698 PAB 1,698
$2,350 $2,350
-27.73%
💵 Salaries & Financials
Panama City
Agoura Hills, CA
Difference
Average Monthly Net Salary (After Tax)
$914 PAB 914
$4,648 $4,648
-80.34%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.39
6.64
-3.77%

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

Last update for Panama City: October 20, 2026

Last update for Agoura Hills, CA: October 17, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Panama City
$874
Agoura Hills, CA
$1.3K 51.5% $451
Groceries & Markets
Panama City
$327
Agoura Hills, CA
$476 45.7% $149
Monthly Utilities & Internet
Panama City
$208
Agoura Hills, CA
$351 68.5% $143
Eating Out
Panama City
$207
Agoura Hills, CA
$382 84.3% $175
Clothing & Footwear
Panama City
$145
Agoura Hills, CA
$165 13.7% $20
Sport & Entertainment
Panama City
$63
Agoura Hills, CA
$74 18.3% $11
Getting Around
Panama City
$33
Agoura Hills, CA
$101 203% $68

Cost Breakdown

A one-bedroom apartment in the center runs $1,322 in Panama City and $1,571 in Agoura Hills, CA. Housing cost is often the main lever when comparing two cities.

Agoura Hills, CA pays 409% 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: $48.00 in Panama City vs $100 in Agoura Hills, CA for a mid-range dinner for two. Groceries echo the gap at $327 vs $476 per month, with Panama City cheaper across the board.

Good to know
🇵🇦 Panama City
🇺🇸 Agoura Hills, CA
🕒 Local time
20:12 8:12 PM
18:12 6:12 PM
2 h behind Panama City
🌤 Weather
👥 Population
1,086,990 Capital
22,666
Exchange rates and currency converter

USD, EUR to PAB – Panamanian Balboa Converter

Panamanian Balboa exchange rates as of October 21, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

United States Dollar exchange rates as of October 21, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

On the map
Between locations
  • Panama City Agoura Hills, CA 4,880 km ≈ 7 h nonstop flight
From you
  • Panama City
  • Agoura Hills, CA

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 vs Agoura Hills, CA: Cost of Living - Frequently Asked Questions
Which city is more expensive, Panama City or Agoura Hills, CA?
Panama City wins on cost – living expenses run 55% lower than in Agoura Hills, CA. Housing and daily spending are where you'll feel the difference most, making Panama City the obvious pick if budget is a priority.
Are salaries higher in Panama City or in Agoura Hills, CA?
On paper, salaries run 409% lower in Agoura Hills, CA. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How much does a 1-bedroom apartment cost in Panama City compared to Agoura Hills, CA?
Rent for a central apartment: $1,322 in Panama City versus $1,571 in Agoura Hills, CA. Housing is usually the single largest factor when comparing overall living costs between the two.
How do childcare costs compare in Panama City and in Agoura Hills, CA?
Childcare runs $553 in Panama City versus $1,922 in Agoura Hills, CA. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Are groceries more expensive in Panama City or in Agoura Hills, CA?
Supermarket bills run roughly 46% higher in Agoura Hills, CA. For households that cook at home regularly, that difference adds up over a month.
Can you live on $2,500/month in Panama City or in Agoura Hills, CA?
At $1,857 in Panama City versus $2,874 in Agoura Hills, CA, a $2,500 budget is realistic in Panama City but tight or insufficient in Agoura Hills, CA. The gap between the two cities makes Panama City the clear choice for anyone on this budget.
Which city is better for digital nomads, Panama City or Agoura Hills, CA?
Both work as nomad bases, but Panama City delivers better value – similar infrastructure at $1,857 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Panama City hard to pass up.
Which city is more affordable for expats?
Expats usually find Panama City gentler on the wallet – expenses run 55% less than in Agoura Hills, CA. Beyond cost, consider language, visa policies, and how big the international community is in each city.

Panama City vs other spots: cost of living compared

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