Last update: Oct 2026

Cost of Living Comparison Between Panama City and Hazelton

For one person, living is cheaper in Panama City: $1,855 a month against $2,212 in Hazelton, rent and utilities included – about $4,300 less a year. Rent and utilities account for most of the difference.

Panama City
🇵🇦 Panama
$1,855
/mo nomad
Hazelton
🇨🇦 Canada
$2,212
/mo nomad
Monthly Cost of Living

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

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

Monthly costs for one person with rent: $1,855 in Panama City versus $2,212 in Hazelton.

  • Panama City $1,855
  • Hazelton $2,212

Estimated couple costs with rent: $2,804 in Panama City versus $3,222 in Hazelton.

  • Panama City $2,804
  • Hazelton $3,222

Monthly costs for a family of three with rent: $3,753 in Panama City versus $4,231 in Hazelton.

  • Panama City $3,753
  • Hazelton $4,231

Living in Panama City costs roughly 16% less than in Hazelton, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Panama City 37% above, Hazelton 64% above.

Currency
🍽 Eating Out
Panama City
Hazelton
Difference
Meal at Budget Restaurant
$11.63 PAB 11.63
$17.65 CA$24.95
-34.11%
Three-Course Dinner for Two, Mid-Range
$47.92 PAB 47.92
$64.1 CA$90.6
-25.18%
Fast Food Meal (McDonalds, etc)
$7.96 PAB 7.96
$9.48 CA$13.41
-16.03%
Cappuccino
$4.22 PAB 4.22
$3.52 CA$4.98
19.89%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.01 PAB 2.01
$2.03 CA$2.87
-0.99%
Water (0.33 liter bottle)
$1.56 PAB 1.56
$1.59 CA$2.24
-1.89%
Local Beer (0.5 liter draught)
$3.39 PAB 3.39
$5.16 CA$7.30
-34.30%
Imported Beer (0.33 liter bottle)
$3.94 PAB 3.94
$5.84 CA$8.26
-32.53%
🛒 Groceries & Markets
Panama City
Hazelton
Difference
Milk (1 liter)
$1.85 PAB 1.85
$2.08 CA$2.95
-11.06%
White Bread (500g)
$2.56 PAB 2.56
$2.55 CA$3.61
0.39%
Rice (white) (1kg)
$3.48 PAB 3.48
$3.32 CA$4.70
4.82%
Eggs
$2.69 PAB 2.69
$3.43 CA$4.85
-21.57%
Local Cheese (1kg)
$12.57 PAB 12.57
$9.70 CA$13.71
29.59%
Chicken Fillets (1kg)
$6.83 PAB 6.83
$11.66 CA$16.48
-41.42%
Beef Round Steak (1kg)
$10.58 PAB 10.58
$14.50 CA$20.50
-27.03%
Apples (1kg)
$4.18 PAB 4.18
$3.78 CA$5.34
10.58%
Banana (1kg)
$1.83 PAB 1.83
$1.48 CA$2.09
23.65%
Oranges (1kg)
$4.20 PAB 4.20
$3.66 CA$5.17
14.75%
Tomato (1kg)
$4.03 PAB 4.03
$3.79 CA$5.35
6.33%
Potato (1kg)
$3.48 PAB 3.48
$2.43 CA$3.44
43.21%
Onion (1kg)
$4.22 PAB 4.22
$2.19 CA$3.09
92.69%
Lettuce (1 head)
$2.41 PAB 2.41
$2.35 CA$3.32
2.55%
Water (1.5 liter bottle)
$1.69 PAB 1.69
$1.55 CA$2.19
9.03%
Cigarettes 20 Pack (Marlboro, Camel)
$6.14 PAB 6.14
$15.94 CA$22.53
-61.48%
Wine (Bottle)
$11.30 PAB 11.30
$12.64 CA$17.87
-10.60%
Local Beer (0.5 liter bottle)
$1.42 PAB 1.42
$2.58 CA$3.65
-44.96%
Imported Beer (0.33 liter bottle)
$2.73 PAB 2.73
$3.13 CA$4.43
-12.78%
🚌 Getting Around
Panama City
Hazelton
Difference
One-way Ticket (Public Transport)
$0.33 PAB 0.33
$2.39 CA$3.38
-86.19%
Public Transport Monthly Pass (Regular Price)
$21.23 PAB 21.23
$67.0 CA$94.8
-68.33%
Taxi Start (Normal Tariff)
$2.52 PAB 2.52
$2.49 CA$3.52
1.20%
Taxi (Normal Tariff) (1km)
$1.86 PAB 1.86
$1.50 CA$2.12
24.00%
Taxi 1hour Waiting (Normal Tariff)
$21.78 PAB 21.78
$24.10 CA$34.07
-9.63%
Gasoline (1 liter)
$1.25 PAB 1.25
$1.19 CA$1.68
5.04%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.2K PAB 21.2K
$30.1K CA$42.6K
-29.49%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.0K PAB 21.0K
$19.7K CA$27.9K
6.61%
🧾 Monthly Utilities & Internet
Panama City
Hazelton
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$130 PAB 130
$135 CA$191
-4.02%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$28.13 PAB 28.13
$37.58 CA$53.1
-25.15%
Internet (50+ Mbps, Unlimited Data)
$48.21 PAB 48.21
$53.1 CA$75.1
-9.21%
🎉 Sport & Entertainment
Panama City
Hazelton
Difference
Gym Membership (Monthly)
$45.78 PAB 45.78
$40.08 CA$56.7
14.22%
Tennis Court (1 Hour on Weekend)
$34.92 PAB 34.92
$18.02 CA$25.48
93.78%
Cinema Ticket
$8.67 PAB 8.67
$11.07 CA$15.66
-21.68%
🧸 Childcare & Education
Panama City
Hazelton
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$544 PAB 544
$731 CA$1,033
-25.51%
International Primary School, 1 Child (Yearly)
$9,697 PAB 9,697
$14.6K CA$20.7K
-33.72%
👕👟 Clothing & Footwear
Panama City
Hazelton
Difference
Jeans (Levis 501 Or Similar)
$66.8 PAB 66.8
$52.5 CA$74.2
27.17%
Summer Dress (H&M, Zara, etc)
$49.14 PAB 49.14
$38.36 CA$54.2
28.10%
Sport Shoes (Adidas, Nike)
$93.9 PAB 93.9
$84.7 CA$120
10.76%
Men's Leather Business Shoes
$112 PAB 112
$102 CA$144
9.61%
🏠 Accommodation & Living
Panama City
Hazelton
Difference
1-bedroom Apartment, City Center (Monthly)
$1,257 PAB 1,257
$1,256 CA$1,776
0.05%
1-bedroom Apartment, Outside City Center (Monthly)
$875 PAB 875
$1,098 CA$1,553
-20.35%
3-bedroom Apartment, City Center (Monthly)
$2,155 PAB 2,155
$1,943 CA$2,747
10.91%
3-bedroom Apartment, Outside City Center (Monthly)
$1,564 PAB 1,564
$1,714 CA$2,422
-8.74%
Buy Apartment in City Center (m2)
$3,122 PAB 3,122
$3,960 CA$5,599
-21.16%
Buy Apartment Outside City Center (m2)
$1,709 PAB 1,709
$3,147 CA$4,450
-45.69%
💵 Salaries & Financials
Panama City
Hazelton
Difference
Average Monthly Net Salary (After Tax)
$916 PAB 916
$2,080 CA$2,940
-55.96%
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 Hazelton: October 12, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Panama City
$875
Hazelton
$1.1K 25.5% $223
Groceries & Markets
Panama City
$325
Hazelton
$350 7.6% $25
Eating Out
Panama City
$207
Hazelton
$264 27.7% $57
Monthly Utilities & Internet
Panama City
$206
Hazelton
$226 9.6% $20
Clothing & Footwear
Panama City
$145
Hazelton
$125 13.7% $20
Sport & Entertainment
Panama City
$63
Hazelton
$62 1.4% $0.9
Getting Around
Panama City
$34
Hazelton
$87 152% $52

Cost Breakdown

A one-bedroom apartment in the center runs $1,257 in Panama City and $1,256 in Hazelton. Housing cost is often the main lever when comparing two cities.

Hazelton pays 127% 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 Hazelton for a mid-range dinner for two. Groceries echo the gap at $325 vs $350 per month, with Panama City cheaper across the board.

Good to know
🇵🇦 Panama City
🇨🇦 Hazelton
🕒 Local time
15:56 3:56 PM
13:56 1:56 PM
2 h behind Panama City
🌤 Weather
👥 Population
1,086,990 Capital
257
💱 Currency
Exchange rates and currency converter

CAD, USD, EUR to PAB – Panamanian Balboa Converter

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).

Canadian Dollar exchange rates as of October 19, 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 Hazelton 6,640 km ≈ 9 h nonstop flight
From you
  • Panama City
  • Hazelton

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 Hazelton: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Panama City and in Hazelton?
Panama City and Hazelton differ by about 19% in total monthly costs ($1,855 vs $2,212 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 127% lower in Hazelton. 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 Hazelton?
Rent for a central apartment: $1,257 in Panama City versus $1,256 in Hazelton. Housing is usually the single largest factor when comparing overall living costs between the two.
How do commuting costs compare in Panama City and in Hazelton?
A monthly transit pass in Panama City runs roughly 216% less than in Hazelton. Both cities have functional networks, but the price difference matters if you're watching your budget.
What is the difference in childcare costs between Panama City and Hazelton?
Childcare runs $544 in Panama City versus $731 in Hazelton. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city is more doable on $2,500 per month?
At $1,855 in Panama City versus $2,212 in Hazelton, a $2,500 budget is realistic in Panama City but tight or insufficient in Hazelton. 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 Hazelton?
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.
Where should expats move: Panama City or Hazelton?
Expats usually find Panama City gentler on the wallet – expenses run 19% less than in Hazelton. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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