Last update: Oct 2026

Cost of Living Comparison Between Panama City and Dawson Creek

For one person, living is cheaper in Panama City: $1,855 a month against $2,322 in Dawson Creek, rent and utilities included – about $5,600 less a year. Rent and utilities account for most of the difference.

Panama City
🇵🇦 Panama
$1,855
/mo nomad
Dawson Creek
🇨🇦 Canada
$2,322
/mo nomad
Monthly Cost of Living

How much you'll spend in Panama City and in Dawson Creek

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 Dawson Creek actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,855 in Panama City versus $2,322 in Dawson Creek.

  • Panama City $1,855
  • Dawson Creek $2,322

Estimated couple costs with rent: $2,804 in Panama City versus $3,268 in Dawson Creek.

  • Panama City $2,804
  • Dawson Creek $3,268

Monthly costs for a family of three with rent: $3,753 in Panama City versus $4,213 in Dawson Creek.

  • Panama City $3,753
  • Dawson Creek $4,213

Living in Panama City costs roughly 20% less than in Dawson Creek, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Panama City 37% above, Dawson Creek 72% above.

Currency
🍽 Eating Out
Panama City
Dawson Creek
Difference
Meal at Budget Restaurant
$11.63 PAB 11.63
$17.40 CA$24.60
-33.16%
Three-Course Dinner for Two, Mid-Range
$47.92 PAB 47.92
$41.77 CA$59.1
14.72%
Fast Food Meal (McDonalds, etc)
$7.96 PAB 7.96
$12.03 CA$17.01
-33.83%
Cappuccino
$4.22 PAB 4.22
$3.93 CA$5.55
7.38%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.01 PAB 2.01
$2.85 CA$4.03
-29.47%
Water (0.33 liter bottle)
$1.56 PAB 1.56
$3.29 CA$4.65
-52.58%
Local Beer (0.5 liter draught)
$3.39 PAB 3.39
$4.63 CA$6.55
-26.78%
Imported Beer (0.33 liter bottle)
$3.94 PAB 3.94
$5.75 CA$8.13
-31.48%
🛒 Groceries & Markets
Panama City
Dawson Creek
Difference
Milk (1 liter)
$1.85 PAB 1.85
$3.11 CA$4.40
-40.51%
White Bread (500g)
$2.56 PAB 2.56
$4.99 CA$7.06
-48.70%
Rice (white) (1kg)
$3.48 PAB 3.48
$6.69 CA$9.46
-47.98%
Eggs
$2.69 PAB 2.69
$3.89 CA$5.50
-30.85%
Local Cheese (1kg)
$12.57 PAB 12.57
$7.10 CA$10.03
77.04%
Chicken Fillets (1kg)
$6.83 PAB 6.83
$16.77 CA$23.71
-59.27%
Beef Round Steak (1kg)
$10.58 PAB 10.58
$13.80 CA$19.51
-23.33%
Apples (1kg)
$4.18 PAB 4.18
$3.76 CA$5.32
11.17%
Banana (1kg)
$1.83 PAB 1.83
$1.27 CA$1.79
44.09%
Oranges (1kg)
$4.20 PAB 4.20
$3.53 CA$5.00
18.98%
Tomato (1kg)
$4.03 PAB 4.03
$3.85 CA$5.45
4.68%
Potato (1kg)
$3.48 PAB 3.48
$2.54 CA$3.59
37.01%
Onion (1kg)
$4.22 PAB 4.22
$2.13 CA$3.01
98.12%
Lettuce (1 head)
$2.41 PAB 2.41
$2.43 CA$3.43
-0.82%
Water (1.5 liter bottle)
$1.69 PAB 1.69
$1.56 CA$2.21
8.33%
Cigarettes 20 Pack (Marlboro, Camel)
$6.14 PAB 6.14
$13.43 CA$18.99
-54.28%
Wine (Bottle)
$11.30 PAB 11.30
$11.94 CA$16.88
-5.36%
Local Beer (0.5 liter bottle)
$1.42 PAB 1.42
$3.87 CA$5.48
-63.31%
Imported Beer (0.33 liter bottle)
$2.73 PAB 2.73
$2.98 CA$4.21
-8.39%
🚌 Getting Around
Panama City
Dawson Creek
Difference
One-way Ticket (Public Transport)
$0.33 PAB 0.33
$2.33 CA$3.29
-85.84%
Public Transport Monthly Pass (Regular Price)
$21.23 PAB 21.23
$61.3 CA$86.7
-65.37%
Taxi Start (Normal Tariff)
$2.52 PAB 2.52
$2.68 CA$3.78
-5.97%
Taxi (Normal Tariff) (1km)
$1.86 PAB 1.86
$1.40 CA$1.98
32.86%
Taxi 1hour Waiting (Normal Tariff)
$21.78 PAB 21.78
$22.24 CA$31.43
-2.07%
Gasoline (1 liter)
$1.25 PAB 1.25
$1.14 CA$1.62
9.65%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.2K PAB 21.2K
$31.4K CA$44.4K
-32.43%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.0K PAB 21.0K
$20.3K CA$28.7K
3.63%
🧾 Monthly Utilities & Internet
Panama City
Dawson Creek
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$130 PAB 130
$134 CA$189
-3.03%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$28.13 PAB 28.13
$38.65 CA$54.6
-27.22%
Internet (50+ Mbps, Unlimited Data)
$48.21 PAB 48.21
$65.6 CA$92.7
-26.48%
🎉 Sport & Entertainment
Panama City
Dawson Creek
Difference
Gym Membership (Monthly)
$45.78 PAB 45.78
$39.62 CA$56.0
15.55%
Tennis Court (1 Hour on Weekend)
$34.92 PAB 34.92
$19.93 CA$28.17
75.21%
Cinema Ticket
$8.67 PAB 8.67
$11.15 CA$15.76
-22.24%
🧸 Childcare & Education
Panama City
Dawson Creek
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$544 PAB 544
$705 CA$997
-22.85%
International Primary School, 1 Child (Yearly)
$9,697 PAB 9,697
$12.7K CA$17.9K
-23.51%
👕👟 Clothing & Footwear
Panama City
Dawson Creek
Difference
Jeans (Levis 501 Or Similar)
$66.8 PAB 66.8
$26.47 CA$37.42
152.17%
Summer Dress (H&M, Zara, etc)
$49.14 PAB 49.14
$38.50 CA$54.4
27.64%
Sport Shoes (Adidas, Nike)
$93.9 PAB 93.9
$93.7 CA$132
0.16%
Men's Leather Business Shoes
$112 PAB 112
$86.3 CA$122
29.32%
🏠 Accommodation & Living
Panama City
Dawson Creek
Difference
1-bedroom Apartment, City Center (Monthly)
$1,257 PAB 1,257
$553 CA$782
127.21%
1-bedroom Apartment, Outside City Center (Monthly)
$875 PAB 875
$1,131 CA$1,599
-22.64%
3-bedroom Apartment, City Center (Monthly)
$2,155 PAB 2,155
$1,942 CA$2,746
10.96%
3-bedroom Apartment, Outside City Center (Monthly)
$1,564 PAB 1,564
$1,660 CA$2,347
-5.81%
Buy Apartment in City Center (m2)
$3,122 PAB 3,122
$3,630 CA$5,132
-13.99%
Buy Apartment Outside City Center (m2)
$1,709 PAB 1,709
$3,838 CA$5,426
-55.47%
💵 Salaries & Financials
Panama City
Dawson Creek
Difference
Average Monthly Net Salary (After Tax)
$916 PAB 916
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
6.39
4.66
37.12%

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

Last update for Panama City: October 10, 2026

Last update for Dawson Creek: October 12, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Panama City
$875
Dawson Creek
$1.1K 29.3% $256
Groceries & Markets
Panama City
$325
Dawson Creek
$419 29% $94
Eating Out
Panama City
$207
Dawson Creek
$282 36.3% $75
Monthly Utilities & Internet
Panama City
$206
Dawson Creek
$238 15.5% $32
Clothing & Footwear
Panama City
$145
Dawson Creek
$110 23.8% $34
Sport & Entertainment
Panama City
$63
Dawson Creek
$62 1.9% $1.2
Getting Around
Panama City
$34
Dawson Creek
$80 133% $46

Cost Breakdown

A one-bedroom apartment in the center runs $1,257 in Panama City and $553 in Dawson Creek. Housing cost is often the main lever when comparing two cities.

Dining out: $48.00 in Panama City vs $42.00 in Dawson Creek. Groceries flip the comparison at $325 vs $419, with Panama City cheaper for home cooking.

Good to know
🇵🇦 Panama City
🇨🇦 Dawson Creek
🕒 Local time
18:14 6:14 PM
16:14 4:14 PM
2 h behind Panama City
🌤 Weather
👥 Population
1,086,990 Capital
11,583
💱 Currency
Exchange rates and currency converter

CAD, USD, EUR to PAB – Panamanian Balboa Converter

Panamanian Balboa exchange rates as of October 17, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

Canadian Dollar exchange rates as of October 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

On the map
Between locations
  • Panama City Dawson Creek 6,300 km ≈ 8 h nonstop flight
From you
  • Panama City
  • Dawson Creek

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 Dawson Creek: Cost of Living - Frequently Asked Questions
Is Dawson Creek cheaper than Panama City?
Panama City is cheaper overall, especially in groceries, eating out, and utilities. The 25% gap adds up to real monthly savings that compound significantly over time.
What income do you need for each city?
You'd need roughly $2,783 in Panama City and $3,484 in Dawson Creek 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.
What is the rent difference between Panama City and Dawson Creek?
Rent for a central apartment: $1,257 in Panama City versus $553 in Dawson Creek. Housing is usually the single largest factor when comparing overall living costs between the two.
Is eating out cheaper in Panama City or in Dawson Creek?
Dining out is cheaper in Panama City – a meal for two runs $48.00 versus $42.00 in Dawson Creek. If you eat out regularly, this makes a real dent in your monthly spending.
What are total monthly expenses in Panama City and in Dawson Creek?
All in, you'll spend $1,855 per month in Panama City versus $2,322 in Dawson Creek – a 25% gap that adds up to real savings over time for anyone picking the cheaper option.
Is $2,500 a realistic budget for living in Panama City or in Dawson Creek?
At $1,855 in Panama City versus $2,322 in Dawson Creek, a $2,500 budget is realistic in Panama City but tight or insufficient in Dawson Creek. The gap between the two cities makes Panama City the clear choice for anyone on this budget.
Is Panama City or Dawson Creek more family-friendly?
For families, Panama City is more practical. Housing and childcare are both notably cheaper than in Dawson Creek, and the savings on those two alone free up budget for education, activities, and family trips.
Which city is easier to live in as a foreigner?
Expats usually find Panama City gentler on the wallet – expenses run 25% less than in Dawson Creek. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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