Last update: Oct 2026

Cost of Living Comparison Between Panama City and Edmundston

For one person, living is cheaper in Panama City: $1,837 a month against $2,233 in Edmundston, rent and utilities included – about $4,800 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
108

Cost of Living Index in Edmundston
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Edmundston Living Index

Jump to prices

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Edmundston

🇨🇦 Canada

$2,233

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Edmundston

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

Monthly costs for one person with rent: $1,837 in Panama City versus $2,233 in Edmundston.

Panama City $1,837
Edmundston $2,233

Estimated couple costs with rent: $2,825 in Panama City versus $3,249 in Edmundston.

Panama City $2,825
Edmundston $3,249

Monthly costs for a family of three with rent: $3,812 in Panama City versus $4,264 in Edmundston.

Panama City $3,812
Edmundston $4,264

Living in Panama City costs roughly 18% less than in Edmundston, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Panama City 37% above, Edmundston 67% above.

Meal at Budget Restaurant

$11.34 PAB 11.34

$19.39 CA$27.64

-41.52%

Three-Course Dinner for Two, Mid-Range

$47.85 PAB 47.85

$64.3 CA$91.6

-25.57%

Fast Food Meal (McDonalds, etc)

$8.07 PAB 8.07

$6.63 CA$9.45

21.72%

Cappuccino

$4.02 PAB 4.02

$3.66 CA$5.21

9.84%

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

$1.94 PAB 1.94

$2.25 CA$3.20

-13.78%

Water (0.33 liter bottle)

$1.62 PAB 1.62

$1.55 CA$2.21

4.52%

Local Beer (0.5 liter draught)

$3.26 PAB 3.26

$5.08 CA$7.25

-35.83%

Imported Beer (0.33 liter bottle)

$3.99 PAB 3.99

$5.10 CA$7.27

-21.76%

Milk (1 liter)

$1.83 PAB 1.83

$2.10 CA$3.00

-12.86%

White Bread (500g)

$2.57 PAB 2.57

$2.49 CA$3.55

3.21%

Rice (white) (1kg)

$3.33 PAB 3.33

$3.33 CA$4.75

Eggs

$2.69 PAB 2.69

$4.51 CA$6.42

-40.35%

Local Cheese (1kg)

$12.33 PAB 12.33

$9.85 CA$14.04

25.18%

Chicken Fillets (1kg)

$6.69 PAB 6.69

$11.08 CA$15.80

-39.62%

Beef Round Steak (1kg)

$10.40 PAB 10.40

$14.67 CA$20.91

-29.11%

Apples (1kg)

$4.16 PAB 4.16

$3.91 CA$5.57

6.39%

Banana (1kg)

$1.84 PAB 1.84

$1.36 CA$1.93

35.29%

Oranges (1kg)

$4.18 PAB 4.18

$3.67 CA$5.22

13.90%

Tomato (1kg)

$4.08 PAB 4.08

$3.87 CA$5.51

5.43%

Potato (1kg)

$3.50 PAB 3.50

$2.36 CA$3.37

48.31%

Onion (1kg)

$4.37 PAB 4.37

$2.25 CA$3.20

94.22%

Lettuce (1 head)

$2.34 PAB 2.34

$2.43 CA$3.46

-3.70%

Water (1.5 liter bottle)

$1.75 PAB 1.75

$1.23 CA$1.76

42.28%

Cigarettes 20 Pack (Marlboro, Camel)

$6.06 PAB 6.06

$13.85 CA$19.74

-56.25%

Wine (Bottle)

$11.72 PAB 11.72

$12.50 CA$17.81

-6.24%

Local Beer (0.5 liter bottle)

$1.37 PAB 1.37

$2.55 CA$3.63

-46.27%

Imported Beer (0.33 liter bottle)

$2.84 PAB 2.84

$3.05 CA$4.34

-6.89%

One-way Ticket (Public Transport)

$0.36 PAB 0.36

$2.14 CA$3.05

-83.18%

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

$62.4 CA$88.9

-66.39%

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$3.04 CA$4.33

-17.11%

Taxi (Normal Tariff) (1km)

$1.79 PAB 1.79

$1.28 CA$1.83

39.84%

Taxi 1hour Waiting (Normal Tariff)

$22.01 PAB 22.01

$23.66 CA$33.72

-6.97%

Gasoline (1 liter)

$1.25 PAB 1.25

$1.13 CA$1.62

10.62%

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

$21.5K PAB 21.5K

$29.2K CA$41.6K

-26.19%

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

$21.2K PAB 21.2K

$18.8K CA$26.8K

12.72%

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

$131 PAB 131

$152 CA$216

-13.45%

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

$27.68 PAB 27.68

$35.85 CA$51.1

-22.79%

Internet (50+ Mbps, Unlimited Data)

$48.59 PAB 48.59

$53.2 CA$75.9

-8.73%

Gym Membership (Monthly)

$46.11 PAB 46.11

$37.64 CA$53.7

22.50%

Tennis Court (1 Hour on Weekend)

$35.01 PAB 35.01

$15.35 CA$21.87

128.08%

Cinema Ticket

$8.73 PAB 8.73

$10.16 CA$14.48

-14.07%

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

$551 PAB 551

$815 CA$1,161

-32.42%

International Primary School, 1 Child (Yearly)

$9,560 PAB 9,560

$12.5K CA$17.9K

-23.79%

Jeans (Levis 501 Or Similar)

$67.6 PAB 67.6

$49.05 CA$69.9

37.84%

Summer Dress (H&M, Zara, etc)

$48.03 PAB 48.03

$39.07 CA$55.7

22.93%

Sport Shoes (Adidas, Nike)

$94.9 PAB 94.9

$83.6 CA$119

13.56%

Men's Leather Business Shoes

$113 PAB 113

$105 CA$150

7.20%

1-bedroom Apartment, City Center (Monthly)

$1,238 PAB 1,238

$1,244 CA$1,774

-0.53%

1-bedroom Apartment, Outside City Center (Monthly)

$873 PAB 873

$1,188 CA$1,693

-26.49%

3-bedroom Apartment, City Center (Monthly)

$2,197 PAB 2,197

$1,018 CA$1,452

115.73%

3-bedroom Apartment, Outside City Center (Monthly)

$1,538 PAB 1,538

$1,681 CA$2,396

-8.47%

Buy Apartment in City Center (m2)

$3,116 PAB 3,116

$4,158 CA$5,927

-25.07%

Buy Apartment Outside City Center (m2)

$1,725 PAB 1,725

$3,889 CA$5,544

-55.66%

Average Monthly Net Salary (After Tax)

$934 PAB 934

$2,464 CA$3,512

-62.07%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

4.64

37.72%

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

Last update for Panama City: October 3, 2026

Last update for Edmundston: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$873 47.2%

Edmundston

$1.2K 51.5% 36% $315

Groceries & Markets

Panama City

$324 17.5%

Edmundston

$348 15.1% 7.3% $24

Monthly Utilities & Internet

Panama City

$207 11.2%

Edmundston

$241 10.4% 16% $33

Eating Out

Panama City

$202 10.9%

Edmundston

$270 11.7% 33.7% $68

Clothing & Footwear

Panama City

$146 7.9%

Edmundston

$125 5.4% 14.4% $21

Sport & Entertainment

Panama City

$64 3.4%

Edmundston

$58 2.5% 8.8% $5.6

Getting Around

Panama City

$34 1.8%

Edmundston

$80 3.5% 137% $46

Cost Breakdown

A one-bedroom apartment in the center runs $1,238 in Panama City and $1,244 in Edmundston. Housing cost is often the main lever when comparing two cities.

Edmundston pays 164% 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 $64.0 in Edmundston for a mid-range dinner for two. Groceries echo the gap at $324 vs $348 per month, with Panama City cheaper across the board.

Good to know

🇵🇦 Panama City

🇨🇦 Edmundston

🕒 Local time

05:01 5:01 AM

07:01 7:01 AM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

16,437

💱 Currency

Panamanian Balboa PAB B/.

Canadian Dollar CAD $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.892 EUR

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

Exchange rates and currency converter

CAD, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

USD to PAB in detail →

On the map

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Highest

Between locations

Panama City Edmundston 4,400 km ≈ 6 h nonstop flight

From you

Panama City
Edmundston

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 Edmundston: Cost of Living - Frequently Asked Questions

Panama City is cheaper overall, especially in groceries, eating out, and utilities. The 22% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 164% lower in Edmundston. 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: $1,238 in Panama City versus $1,244 in Edmundston. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Panama City runs roughly 198% less than in Edmundston. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $551 in Panama City versus $815 in Edmundston. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,837 in Panama City versus $2,233 in Edmundston, a $2,500 budget is realistic in Panama City but tight or insufficient in Edmundston. 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 Edmundston, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Panama City gentler on the wallet – expenses run 22% less than in Edmundston. Beyond cost, consider language, visa policies, and how big the international community is in each city.