Last update: Nov 2026

Cost of Living Comparison Between Panama City and Cedar City, UT

For one person, living is cheaper in Panama City: $1,972 a month against $2,301 in Cedar City, UT, rent and utilities included – about $3,900 less a year. The total is higher in Cedar City, UT despite lower rent and utilities.

95

Cost of Living Index in Panama City
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Panama City Living Index
110

Cost of Living Index in Cedar City, UT
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Cedar City, UT Living Index

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Panama City

🇵🇦 Panama

$1,972

/mo nomad

Cedar City, UT

🇺🇸 United States

$2,301

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Cedar City, UT

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 Cedar City, UT actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,972 in Panama City versus $2,301 in Cedar City, UT.

Panama City $1,972
Cedar City, UT $2,301

Estimated couple costs with rent: $2,930 in Panama City versus $3,578 in Cedar City, UT.

Panama City $2,930
Cedar City, UT $3,578

Monthly costs for a family of three with rent: $3,888 in Panama City versus $4,854 in Cedar City, UT.

Panama City $3,888
Cedar City, UT $4,854

Living in Panama City costs roughly 14% less than in Cedar City, UT, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Panama City 46% above, Cedar City, UT 70% above.

Meal at Budget Restaurant

$11.37 PAB 11.37

$23.91 $23.91

-52.45%

Three-Course Dinner for Two, Mid-Range

$46.69 PAB 46.69

$79.1 $79.1

-40.99%

Fast Food Meal (McDonalds, etc)

$7.98 PAB 7.98

$14.94 $14.94

-46.59%

Cappuccino

$4.12 PAB 4.12

$6.64 $6.64

-37.95%

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

$2.01 PAB 2.01

$4.80 $4.80

-58.13%

Water (0.33 liter bottle)

$1.57 PAB 1.57

$3.09 $3.09

-49.19%

Local Beer (0.5 liter draught)

$3.28 PAB 3.28

$6.05 $6.05

-45.79%

Imported Beer (0.33 liter bottle)

$3.88 PAB 3.88

$10.98 $10.98

-64.66%

Milk (1 liter)

$1.82 PAB 1.82

$1.13 $1.13

61.06%

White Bread (500g)

$2.61 PAB 2.61

$3.56 $3.56

-26.69%

Rice (white) (1kg)

$3.45 PAB 3.45

$4.19 $4.19

-17.66%

Eggs

$2.68 PAB 2.68

$3.69 $3.69

-27.37%

Local Cheese (1kg)

$12.42 PAB 12.42

$18.01 $18.01

-31.04%

Chicken Fillets (1kg)

$6.73 PAB 6.73

$16.17 $16.17

-58.38%

Beef Round Steak (1kg)

$10.44 PAB 10.44

$18.69 $18.69

-44.14%

Apples (1kg)

$4.21 PAB 4.21

$8.19 $8.19

-48.60%

Banana (1kg)

$1.95 PAB 1.95

$2.42 $2.42

-19.42%

Oranges (1kg)

$4.07 PAB 4.07

$8.01 $8.01

-49.19%

Tomato (1kg)

$4.02 PAB 4.02

$3.74 $3.74

7.49%

Potato (1kg)

$3.46 PAB 3.46

$1.74 $1.74

98.85%

Onion (1kg)

$4.42 PAB 4.42

$2.35 $2.35

88.09%

Lettuce (1 head)

$2.43 PAB 2.43

$2.25 $2.25

8.00%

Water (1.5 liter bottle)

$1.72 PAB 1.72

$2.29 $2.29

-24.89%

Cigarettes 20 Pack (Marlboro, Camel)

$6.04 PAB 6.04

$13.04 $13.04

-53.68%

Wine (Bottle)

$11.68 PAB 11.68

$21.78 $21.78

-46.37%

Local Beer (0.5 liter bottle)

$1.41 PAB 1.41

$1.91 $1.91

-26.18%

Imported Beer (0.33 liter bottle)

$2.74 PAB 2.74

$4.78 $4.78

-42.68%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

$4.85 $4.85

-93.20%

Public Transport Monthly Pass (Regular Price)

$20.65 PAB 20.65

$40.11 $40.11

-48.52%

Taxi Start (Normal Tariff)

$2.45 PAB 2.45

Taxi (Normal Tariff) (1km)

$1.76 PAB 1.76

Taxi 1hour Waiting (Normal Tariff)

$21.86 PAB 21.86

Gasoline (1 liter)

$1.20 PAB 1.20

$0.86 $0.86

39.53%

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

$24.6K PAB 24.6K

$36.9K $36.9K

-33.49%

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

$20.9K PAB 20.9K

$24.8K $24.8K

-15.68%

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

$132 PAB 132

$170 $170

-22.64%

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

$27.89 PAB 27.89

$33.51 $33.51

-16.77%

Internet (50+ Mbps, Unlimited Data)

$49.10 PAB 49.10

$57.2 $57.2

-14.13%

Gym Membership (Monthly)

$44.53 PAB 44.53

$54.1 $54.1

-17.64%

Tennis Court (1 Hour on Weekend)

$34.01 PAB 34.01

Cinema Ticket

$8.70 PAB 8.70

$11.35 $11.35

-23.35%

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

$537 PAB 537

International Primary School, 1 Child (Yearly)

$20.5K PAB 20.5K

Jeans (Levis 501 Or Similar)

$65.8 PAB 65.8

$56.6 $56.6

16.17%

Summer Dress (H&M, Zara, etc)

$48.45 PAB 48.45

$51.0 $51.0

-4.93%

Sport Shoes (Adidas, Nike)

$95.4 PAB 95.4

$101 $101

-5.35%

Men's Leather Business Shoes

$114 PAB 114

$149 $149

-23.95%

1-bedroom Apartment, City Center (Monthly)

$1,405 PAB 1,405

$1,071 $1,071

31.12%

1-bedroom Apartment, Outside City Center (Monthly)

$994 PAB 994

$859 $859

15.76%

3-bedroom Apartment, City Center (Monthly)

$2,221 PAB 2,221

$1,915 $1,915

15.98%

3-bedroom Apartment, Outside City Center (Monthly)

$1,714 PAB 1,714

$1,609 $1,609

6.50%

Buy Apartment in City Center (m2)

$3,139 PAB 3,139

$2,651 $2,651

18.42%

Buy Apartment Outside City Center (m2)

$1,724 PAB 1,724

$2,717 $2,717

-36.57%

Average Monthly Net Salary (After Tax)

$936 PAB 936

$3,513 $3,513

-73.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

7.19

-11.13%

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

Last update for Panama City: November 3, 2026

Last update for Cedar City, UT: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$994 50.4%

Cedar City, UT

$859 37.3% 13.6% $135

Groceries & Markets

Panama City

$326 16.5%

Cedar City, UT

$485 21.1% 48.9% $159

Monthly Utilities & Internet

Panama City

$209 10.6%

Cedar City, UT

$261 11.3% 25% $52

Eating Out

Panama City

$203 10.3%

Cedar City, UT

$399 17.4% 96.9% $197

Clothing & Footwear

Panama City

$145 7.4%

Cedar City, UT

$161 7% 10.7% $16

Sport & Entertainment

Panama City

$62 3.1%

Cedar City, UT

$77 3.3% 24% $15

Getting Around

Panama City

$33 1.7%

Cedar City, UT

$60 * 2.6% 79.1% $26

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 $1,405 in Panama City and $1,071 in Cedar City, UT. Housing cost is often the main lever when comparing two cities.

Cedar City, UT pays about 3.8 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $47 in Panama City vs $79 in Cedar City, UT for a mid-range dinner for two. Groceries echo the gap at $326 vs $485 per month, with Panama City cheaper across the board.

Good to know

🇵🇦 Panama City

🇺🇸 Cedar City, UT

🕒 Local time

15:02 3:02 PM

13:02 1:02 PM

2 h behind Panama City

🌤 Weather

👥 Population

1,086,990 Capital

28,857

💱 Currency

Panamanian Balboa PAB B/.

United States Dollar USD $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.895 EUR

1 USD = 0.895 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 November 6, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.895 EUR).

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

USD to PAB in detail →

On the map

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Highest

Between locations

Panama City Cedar City, UT 4,630 km ≈ 6 h nonstop flight

From you

Panama City
Cedar City, UT

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 Cedar City, UT: Cost of Living - Frequently Asked Questions

Panama City is about 14% cheaper overall, especially in eating out, groceries, and transport. That difference adds up to real monthly savings that compound significantly over time.

On paper, salaries run 73% lower in Panama City. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,405 in Panama City versus $1,071 in Cedar City, UT. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Panama City – a meal for two runs $47 versus $79 in Cedar City, UT. If you eat out regularly, this makes a real dent in your monthly spending.

A monthly transit pass in Panama City runs roughly 49% less than in Cedar City, UT. The price difference matters if you commute daily and watch your budget.

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.

It comes down to priorities – Panama City wins on affordability, Cedar City, UT on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.