Last update: Oct 2026

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

For one person, living is cheaper in Panama City: $1,855 a month against $3,388 in Beverly Hills, CA, rent and utilities included – about $18,400 less a year. Rent and utilities account for most of the difference.

90

Cost of Living Index in Panama City
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Panama City Living Index
165

Cost of Living Index in Beverly Hills, CA
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Beverly Hills, CA Living Index

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Panama City

🇵🇦 Panama

$1,855

/mo nomad

Beverly Hills, CA

🇺🇸 United States

$3,388

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,855 in Panama City versus $3,388 in Beverly Hills, CA.

Panama City $1,855
Beverly Hills, CA $3,388

Estimated couple costs with rent: $2,804 in Panama City versus $6,180 in Beverly Hills, CA.

Panama City $2,804
Beverly Hills, CA $6,180

Monthly costs for a family of three with rent: $3,753 in Panama City versus $8,972 in Beverly Hills, CA.

Panama City $3,753
Beverly Hills, CA $8,972

Living in Panama City costs roughly 45% less than in Beverly 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, Beverly Hills, CA 151% above.

Meal at Budget Restaurant

$11.63 PAB 11.63

$26.67 $26.67

-56.39%

Three-Course Dinner for Two, Mid-Range

$47.92 PAB 47.92

$119 $119

-59.74%

Fast Food Meal (McDonalds, etc)

$7.96 PAB 7.96

$15.26 $15.26

-47.84%

Cappuccino

$4.22 PAB 4.22

$6.06 $6.06

-30.36%

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

$2.01 PAB 2.01

$3.64 $3.64

-44.78%

Water (0.33 liter bottle)

$1.56 PAB 1.56

$2.77 $2.77

-43.68%

Local Beer (0.5 liter draught)

$3.39 PAB 3.39

$7.83 $7.83

-56.70%

Imported Beer (0.33 liter bottle)

$3.94 PAB 3.94

$9.90 $9.90

-60.20%

Milk (1 liter)

$1.85 PAB 1.85

$1.09 $1.09

69.72%

White Bread (500g)

$2.56 PAB 2.56

$4.89 $4.89

-47.65%

Rice (white) (1kg)

$3.48 PAB 3.48

$4.73 $4.73

-26.43%

Eggs

$2.69 PAB 2.69

$5.62 $5.62

-52.14%

Local Cheese (1kg)

$12.57 PAB 12.57

$11.34 $11.34

10.85%

Chicken Fillets (1kg)

$6.83 PAB 6.83

$15.89 $15.89

-57.02%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$19.49 $19.49

-45.72%

Apples (1kg)

$4.18 PAB 4.18

$5.18 $5.18

-19.31%

Banana (1kg)

$1.83 PAB 1.83

$2.33 $2.33

-21.46%

Oranges (1kg)

$4.20 PAB 4.20

$4.65 $4.65

-9.68%

Tomato (1kg)

$4.03 PAB 4.03

$5.43 $5.43

-25.78%

Potato (1kg)

$3.48 PAB 3.48

$3.24 $3.24

7.41%

Onion (1kg)

$4.22 PAB 4.22

$2.81 $2.81

50.18%

Lettuce (1 head)

$2.41 PAB 2.41

$2.00 $2.00

20.50%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$2.44 $2.44

-30.74%

Cigarettes 20 Pack (Marlboro, Camel)

$6.14 PAB 6.14

$13.19 $13.19

-53.45%

Wine (Bottle)

$11.30 PAB 11.30

$14.84 $14.84

-23.85%

Local Beer (0.5 liter bottle)

$1.42 PAB 1.42

$2.94 $2.94

-51.70%

Imported Beer (0.33 liter bottle)

$2.73 PAB 2.73

$2.77 $2.77

-1.44%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

Public Transport Monthly Pass (Regular Price)

$21.23 PAB 21.23

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$3.13 $3.13

-19.49%

Taxi (Normal Tariff) (1km)

$1.86 PAB 1.86

$1.83 $1.83

1.64%

Taxi 1hour Waiting (Normal Tariff)

$21.78 PAB 21.78

$32.15 $32.15

-32.26%

Gasoline (1 liter)

$1.25 PAB 1.25

$1.52 $1.52

-17.76%

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

$21.2K PAB 21.2K

$36.4K $36.4K

-41.73%

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

$21.0K PAB 21.0K

$27.1K $27.1K

-22.51%

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

$130 PAB 130

$127 $127

2.11%

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

$28.13 PAB 28.13

$78.1 $78.1

-63.96%

Internet (50+ Mbps, Unlimited Data)

$48.21 PAB 48.21

$76.8 $76.8

-37.20%

Gym Membership (Monthly)

$45.78 PAB 45.78

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

Cinema Ticket

$8.67 PAB 8.67

$15.23 $15.23

-43.07%

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

$544 PAB 544

$1,699 $1,699

-67.98%

International Primary School, 1 Child (Yearly)

$9,697 PAB 9,697

$32.0K $32.0K

-69.74%

Jeans (Levis 501 Or Similar)

$66.8 PAB 66.8

$75.7 $75.7

-11.78%

Summer Dress (H&M, Zara, etc)

$49.14 PAB 49.14

$50.7 $50.7

-2.98%

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

$99.2 $99.2

-5.41%

Men's Leather Business Shoes

$112 PAB 112

$217 $217

-48.71%

1-bedroom Apartment, City Center (Monthly)

$1,257 PAB 1,257

$2,354 $2,354

-46.60%

1-bedroom Apartment, Outside City Center (Monthly)

$875 PAB 875

$1,986 $1,986

-55.94%

3-bedroom Apartment, City Center (Monthly)

$2,155 PAB 2,155

$5,488 $5,488

-60.73%

3-bedroom Apartment, Outside City Center (Monthly)

$1,564 PAB 1,564

$5,586 $5,586

-72.00%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

Average Monthly Net Salary (After Tax)

$916 PAB 916

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 10, 2026

Last update for Beverly Hills, CA: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$875 47.2%

Beverly Hills, CA

$2K 58.6% 127% $1.1K

Groceries & Markets

Panama City

$325 17.5%

Beverly Hills, CA

$461 13.6% 41.9% $136

Eating Out

Panama City

$207 11.1%

Beverly Hills, CA

$416 12.3% 102% $210

Monthly Utilities & Internet

Panama City

$206 11.1%

Beverly Hills, CA

$282 8.3% 36.8% $76

Clothing & Footwear

Panama City

$145 7.8%

Beverly Hills, CA

$199 5.9% 37.9% $55

Sport & Entertainment

Panama City

$63 3.4%

Beverly Hills, CA

$30 * 0.9% 51.8% $33

Getting Around

Panama City

$34 1.9%

Beverly Hills, CA

$12 * 0.4% 64.4% $22

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 $1,257 in Panama City and $2,354 in Beverly Hills, CA. Housing cost is often the main lever when comparing two cities.

Dining out: $48.00 in Panama City vs $119 in Beverly Hills, CA for a mid-range dinner for two. Groceries echo the gap at $325 vs $461 per month, with Panama City cheaper across the board.

Good to know

🇵🇦 Panama City

🇺🇸 Beverly Hills, CA

🕒 Local time

20:32 8:32 PM

18:32 6:32 PM

2 h behind Panama City

🌤 Weather

👥 Population

1,086,990 Capital

34,979

💱 Currency

Panamanian Balboa PAB B/.

United States Dollar USD $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 19, 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 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City Beverly Hills, CA 4,850 km ≈ 7 h nonstop flight

From you

Panama City
Beverly 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 Beverly Hills, CA: Cost of Living - Frequently Asked Questions

Panama City is cheaper overall, especially in groceries, eating out, and clothing. The 83% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $2,783 in Panama City and $5,082 in Beverly Hills, CA 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: $1,257 in Panama City versus $2,354 in Beverly Hills, CA. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 42% higher in Beverly Hills, CA. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,855 per month in Panama City versus $3,388 in Beverly Hills, CA – a 83% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,855 in Panama City versus $3,388 in Beverly Hills, CA, a $2,500 budget is realistic in Panama City but tight or insufficient in Beverly Hills, CA. The gap between the two cities makes Panama City the clear choice for anyone on this budget.

For families, Panama City is more practical. Housing and childcare are both notably cheaper than in Beverly Hills, CA, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Panama City and Beverly Hills, 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.

Expats usually find Panama City gentler on the wallet – expenses run 83% less than in Beverly Hills, CA. Beyond cost, consider language, visa policies, and how big the international community is in each city.