Last update: Oct 2026

Cost of Living Comparison Between Panama City and Aliso Viejo, CA

For one person, living is cheaper in Panama City: $1,857 a month against $3,964 in Aliso Viejo, CA, rent and utilities included – about $25,300 less a year. Rent and utilities account for most of the difference.

Panama City
🇵🇦 Panama
$1,857
/mo nomad
Aliso Viejo, CA
🇺🇸 United States
$3,964
/mo nomad
Monthly Cost of Living

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

Monthly costs for one person with rent: $1,857 in Panama City versus $3,964 in Aliso Viejo, CA.

  • Panama City $1,857
  • Aliso Viejo, CA $3,964

Estimated couple costs with rent: $2,815 in Panama City versus $6,003 in Aliso Viejo, CA.

  • Panama City $2,815
  • Aliso Viejo, CA $6,003

Monthly costs for a family of three with rent: $3,773 in Panama City versus $8,043 in Aliso Viejo, CA.

  • Panama City $3,773
  • Aliso Viejo, CA $8,043

Living in Panama City costs roughly 53% less than in Aliso Viejo, CA, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Panama City 37% above, Aliso Viejo, CA 193% above.

Currency
🍽 Eating Out
Panama City
Aliso Viejo, CA
Difference
Meal at Budget Restaurant
$11.68 PAB 11.68
$24.73 $24.73
-52.77%
Three-Course Dinner for Two, Mid-Range
$47.76 PAB 47.76
$98.4 $98.4
-51.46%
Fast Food Meal (McDonalds, etc)
$8.12 PAB 8.12
$14.32 $14.32
-43.30%
Cappuccino
$4.23 PAB 4.23
$5.91 $5.91
-28.43%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.92 PAB 1.92
$3.51 $3.51
-45.30%
Water (0.33 liter bottle)
$1.58 PAB 1.58
$2.80 $2.80
-43.57%
Local Beer (0.5 liter draught)
$3.31 PAB 3.31
$8.22 $8.22
-59.73%
Imported Beer (0.33 liter bottle)
$3.98 PAB 3.98
$9.94 $9.94
-59.96%
🛒 Groceries & Markets
Panama City
Aliso Viejo, CA
Difference
Milk (1 liter)
$1.92 PAB 1.92
$1.15 $1.15
66.96%
White Bread (500g)
$2.63 PAB 2.63
$4.77 $4.77
-44.86%
Rice (white) (1kg)
$3.39 PAB 3.39
$4.72 $4.72
-28.18%
Eggs
$2.67 PAB 2.67
$5.08 $5.08
-47.44%
Local Cheese (1kg)
$12.21 PAB 12.21
$11.33 $11.33
7.77%
Chicken Fillets (1kg)
$6.91 PAB 6.91
$16.09 $16.09
-57.05%
Beef Round Steak (1kg)
$10.58 PAB 10.58
$17.67 $17.67
-40.12%
Apples (1kg)
$4.16 PAB 4.16
$5.50 $5.50
-24.36%
Banana (1kg)
$1.97 PAB 1.97
$1.73 $1.73
13.87%
Oranges (1kg)
$4.06 PAB 4.06
$4.68 $4.68
-13.25%
Tomato (1kg)
$4.18 PAB 4.18
$6.62 $6.62
-36.86%
Potato (1kg)
$3.47 PAB 3.47
$3.61 $3.61
-3.88%
Onion (1kg)
$4.26 PAB 4.26
$2.81 $2.81
51.60%
Lettuce (1 head)
$2.44 PAB 2.44
$2.20 $2.20
10.91%
Water (1.5 liter bottle)
$1.69 PAB 1.69
$2.43 $2.43
-30.45%
Cigarettes 20 Pack (Marlboro, Camel)
$5.83 PAB 5.83
$11.92 $11.92
-51.09%
Wine (Bottle)
$11.43 PAB 11.43
$15.26 $15.26
-25.10%
Local Beer (0.5 liter bottle)
$1.38 PAB 1.38
$1.81 $1.81
-23.76%
Imported Beer (0.33 liter bottle)
$2.76 PAB 2.76
$3.11 $3.11
-11.25%
🚌 Getting Around
Panama City
Aliso Viejo, CA
Difference
One-way Ticket (Public Transport)
$0.33 PAB 0.33
$3.07 $3.07
-89.25%
Public Transport Monthly Pass (Regular Price)
$20.63 PAB 20.63
-
-
Taxi Start (Normal Tariff)
$2.55 PAB 2.55
$4.47 $4.47
-42.95%
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
$32.04 $32.04
-30.81%
Gasoline (1 liter)
$1.24 PAB 1.24
$1.59 $1.59
-22.01%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$24.4K PAB 24.4K
$35.0K $35.0K
-30.24%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.3K PAB 21.3K
$27.0K $27.0K
-21.18%
🧾 Monthly Utilities & Internet
Panama City
Aliso Viejo, CA
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$131 PAB 131
$212 $212
-38.02%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.83 PAB 27.83
$71.5 $71.5
-61.07%
Internet (50+ Mbps, Unlimited Data)
$49.32 PAB 49.32
$71.3 $71.3
-30.81%
🎉 Sport & Entertainment
Panama City
Aliso Viejo, CA
Difference
Gym Membership (Monthly)
$45.69 PAB 45.69
$38.84 $38.84
17.64%
Tennis Court (1 Hour on Weekend)
$34.10 PAB 34.10
-
-
Cinema Ticket
$8.47 PAB 8.47
$17.19 $17.19
-50.73%
🧸 Childcare & Education
Panama City
Aliso Viejo, CA
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$553 PAB 553
$1,698 $1,698
-67.41%
International Primary School, 1 Child (Yearly)
$9,719 PAB 9,719
$31.8K $31.8K
-69.43%
👕👟 Clothing & Footwear
Panama City
Aliso Viejo, CA
Difference
Jeans (Levis 501 Or Similar)
$66.4 PAB 66.4
$72.5 $72.5
-8.40%
Summer Dress (H&M, Zara, etc)
$47.39 PAB 47.39
$65.1 $65.1
-27.19%
Sport Shoes (Adidas, Nike)
$95.7 PAB 95.7
$116 $116
-17.57%
Men's Leather Business Shoes
$113 PAB 113
$169 $169
-33.53%
🏠 Accommodation & Living
Panama City
Aliso Viejo, CA
Difference
1-bedroom Apartment, City Center (Monthly)
$1,322 PAB 1,322
$2,908 $2,908
-54.53%
1-bedroom Apartment, Outside City Center (Monthly)
$874 PAB 874
$2,466 $2,466
-64.55%
3-bedroom Apartment, City Center (Monthly)
$2,153 PAB 2,153
$4,191 $4,191
-48.63%
3-bedroom Apartment, Outside City Center (Monthly)
$1,580 PAB 1,580
$4,644 $4,644
-65.97%
Buy Apartment in City Center (m2)
$3,097 PAB 3,097
$7,007 $7,007
-55.80%
Buy Apartment Outside City Center (m2)
$1,698 PAB 1,698
$6,500 $6,500
-73.88%
💵 Salaries & Financials
Panama City
Aliso Viejo, CA
Difference
Average Monthly Net Salary (After Tax)
$914 PAB 914
$7,985 $7,985
-88.55%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.39
6.86
-6.85%

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

Last update for Panama City: October 20, 2026

Last update for Aliso Viejo, CA: October 18, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Panama City
$874
Aliso Viejo, CA
$2.5K 182% $1.6K
Groceries & Markets
Panama City
$327
Aliso Viejo, CA
$456 39.5% $129
Monthly Utilities & Internet
Panama City
$208
Aliso Viejo, CA
$355 70.1% $146
Eating Out
Panama City
$207
Aliso Viejo, CA
$398 92.2% $191
Clothing & Footwear
Panama City
$145
Aliso Viejo, CA
$190 31.4% $45
Sport & Entertainment
Panama City
$63
Aliso Viejo, CA
$73 16.9% $11
Getting Around
Panama City
$33
Aliso Viejo, CA
$26 * 21.3% $7.1

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,322 in Panama City and $2,908 in Aliso Viejo, CA. Housing cost is often the main lever when comparing two cities.

Aliso Viejo, CA pays 774% 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 $98.0 in Aliso Viejo, CA for a mid-range dinner for two. Groceries echo the gap at $327 vs $456 per month, with Panama City cheaper across the board.

Good to know
🇵🇦 Panama City
🇺🇸 Aliso Viejo, CA
🕒 Local time
17:52 5:52 PM
15:52 3:52 PM
2 h behind Panama City
🌤 Weather
👥 Population
1,086,990 Capital
41,489
Exchange rates and currency converter

USD, EUR to PAB – Panamanian Balboa Converter

Panamanian Balboa exchange rates as of October 20, 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 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

On the map
Between locations
  • Panama City Aliso Viejo, CA 4,770 km ≈ 6 h nonstop flight
From you
  • Panama City
  • Aliso Viejo, 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 Aliso Viejo, CA: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Panama City and in Aliso Viejo, CA?
Panama City and Aliso Viejo, CA differ by about 113% in total monthly costs ($1,857 vs $3,964 including rent). Panama City is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, salaries run 774% lower in Aliso Viejo, CA. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How do apartment prices compare in Panama City and in Aliso Viejo, CA?
Rent for a central apartment: $1,322 in Panama City versus $2,908 in Aliso Viejo, CA. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper grocery shopping?
Supermarket bills run roughly 40% higher in Aliso Viejo, CA. For households that cook at home regularly, that difference adds up over a month.
Which city is more expensive overall: Panama City or Aliso Viejo, CA?
All in, you'll spend $1,857 per month in Panama City versus $3,964 in Aliso Viejo, CA – a 113% gap that adds up to real savings over time for anyone picking the cheaper option.
Which city is more doable on $2,500 per month?
At $1,857 in Panama City versus $3,964 in Aliso Viejo, CA, a $2,500 budget is realistic in Panama City but tight or insufficient in Aliso Viejo, CA. The gap between the two cities makes Panama City the clear choice for anyone on this budget.
How does quality of life compare between Panama City and Aliso Viejo, CA?
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.
Is Panama City or Aliso Viejo, CA safer for residents?
Safety-wise, Panama City and Aliso Viejo, CA are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Where should expats move: Panama City or Aliso Viejo, CA?
Expats usually find Panama City gentler on the wallet – expenses run 113% less than in Aliso Viejo, CA. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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