Last update: Oct 2026

Cost of Living Comparison Between Panama City and Kingman, AZ

For one person, living is cheaper in Panama City: $1,855 a month against $2,210 in Kingman, AZ, rent and utilities included – about $4,300 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
106

Cost of Living Index in Kingman, AZ
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Kingman, AZ Living Index

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Panama City

🇵🇦 Panama

$1,855

/mo nomad

Kingman, AZ

🇺🇸 United States

$2,210

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Kingman, AZ

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

Monthly costs for one person with rent: $1,855 in Panama City versus $2,210 in Kingman, AZ.

Panama City $1,855
Kingman, AZ $2,210

Estimated couple costs with rent: $2,804 in Panama City versus $3,042 in Kingman, AZ.

Panama City $2,804
Kingman, AZ $3,042

Monthly costs for a family of three with rent: $3,753 in Panama City versus $3,874 in Kingman, AZ.

Panama City $3,753
Kingman, AZ $3,874

Living in Panama City costs roughly 16% less than in Kingman, AZ, and outside of rent the biggest gap is in utilities.

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

Meal at Budget Restaurant

$11.63 PAB 11.63

$12.09 $12.09

-3.80%

Three-Course Dinner for Two, Mid-Range

$47.92 PAB 47.92

$49.48 $49.48

-3.15%

Fast Food Meal (McDonalds, etc)

$7.96 PAB 7.96

$12.03 $12.03

-33.83%

Cappuccino

$4.22 PAB 4.22

$5.88 $5.88

-28.23%

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

$2.01 PAB 2.01

$2.93 $2.93

-31.40%

Water (0.33 liter bottle)

$1.56 PAB 1.56

$2.27 $2.27

-31.28%

Local Beer (0.5 liter draught)

$3.39 PAB 3.39

$5.08 $5.08

-33.27%

Imported Beer (0.33 liter bottle)

$3.94 PAB 3.94

$5.83 $5.83

-32.42%

Milk (1 liter)

$1.85 PAB 1.85

$0.84 $0.84

120.24%

White Bread (500g)

$2.56 PAB 2.56

$2.93 $2.93

-12.63%

Rice (white) (1kg)

$3.48 PAB 3.48

$3.77 $3.77

-7.69%

Eggs

$2.69 PAB 2.69

$3.48 $3.48

-22.70%

Local Cheese (1kg)

$12.57 PAB 12.57

$13.93 $13.93

-9.76%

Chicken Fillets (1kg)

$6.83 PAB 6.83

$9.65 $9.65

-29.22%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$14.87 $14.87

-28.85%

Apples (1kg)

$4.18 PAB 4.18

$3.75 $3.75

11.47%

Banana (1kg)

$1.83 PAB 1.83

$1.33 $1.33

37.59%

Oranges (1kg)

$4.20 PAB 4.20

$3.00 $3.00

40.00%

Tomato (1kg)

$4.03 PAB 4.03

$4.19 $4.19

-3.82%

Potato (1kg)

$3.48 PAB 3.48

$1.62 $1.62

114.81%

Onion (1kg)

$4.22 PAB 4.22

$2.94 $2.94

43.54%

Lettuce (1 head)

$2.41 PAB 2.41

$1.54 $1.54

56.49%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$1.22 $1.22

38.52%

Cigarettes 20 Pack (Marlboro, Camel)

$6.14 PAB 6.14

$9.09 $9.09

-32.45%

Wine (Bottle)

$11.30 PAB 11.30

$12.02 $12.02

-5.99%

Local Beer (0.5 liter bottle)

$1.42 PAB 1.42

$2.47 $2.47

-42.51%

Imported Beer (0.33 liter bottle)

$2.73 PAB 2.73

$3.13 $3.13

-12.78%

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

$2.77 $2.77

-9.03%

Taxi (Normal Tariff) (1km)

$1.86 PAB 1.86

$1.27 $1.27

46.46%

Taxi 1hour Waiting (Normal Tariff)

$21.78 PAB 21.78

$35.96 $35.96

-39.43%

Gasoline (1 liter)

$1.25 PAB 1.25

$0.89 $0.89

40.45%

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

$21.2K PAB 21.2K

$35.5K $35.5K

-40.12%

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

$21.0K PAB 21.0K

$25.5K $25.5K

-17.50%

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

$130 PAB 130

$242 $242

-46.36%

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

$28.13 PAB 28.13

$57.5 $57.5

-51.04%

Internet (50+ Mbps, Unlimited Data)

$48.21 PAB 48.21

$76.7 $76.7

-37.17%

Gym Membership (Monthly)

$45.78 PAB 45.78

$34.83 $34.83

31.44%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

Cinema Ticket

$8.67 PAB 8.67

$9.93 $9.93

-12.69%

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

$544 PAB 544

$1,199 $1,199

-54.62%

International Primary School, 1 Child (Yearly)

$9,697 PAB 9,697

$22.9K $22.9K

-57.62%

Jeans (Levis 501 Or Similar)

$66.8 PAB 66.8

$47.72 $47.72

39.88%

Summer Dress (H&M, Zara, etc)

$49.14 PAB 49.14

$43.21 $43.21

13.72%

Sport Shoes (Adidas, Nike)

$93.9 PAB 93.9

$80.7 $80.7

16.25%

Men's Leather Business Shoes

$112 PAB 112

$126 $126

-11.28%

1-bedroom Apartment, City Center (Monthly)

$1,257 PAB 1,257

$1,113 $1,113

12.94%

1-bedroom Apartment, Outside City Center (Monthly)

$875 PAB 875

$1,040 $1,040

-15.88%

3-bedroom Apartment, City Center (Monthly)

$2,155 PAB 2,155

$1,600 $1,600

34.71%

3-bedroom Apartment, Outside City Center (Monthly)

$1,564 PAB 1,564

$1,484 $1,484

5.36%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

$2,718 $2,718

14.89%

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

$2,716 $2,716

-37.05%

Average Monthly Net Salary (After Tax)

$916 PAB 916

$5,290 $5,290

-82.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

6.63

-3.62%

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

Last update for Panama City: October 10, 2026

Last update for Kingman, AZ: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$875 47.2%

Kingman, AZ

$1K 47.1% 18.9% $165

Groceries & Markets

Panama City

$325 17.5%

Kingman, AZ

$335 15.2% 3.1% $10

Eating Out

Panama City

$207 11.1%

Kingman, AZ

$261 11.8% 26.4% $55

Monthly Utilities & Internet

Panama City

$206 11.1%

Kingman, AZ

$376 17% 82.5% $170

Clothing & Footwear

Panama City

$145 7.8%

Kingman, AZ

$134 6.1% 7.4% $11

Sport & Entertainment

Panama City

$63 3.4%

Kingman, AZ

$55 2.5% 13.4% $8.4

Getting Around

Panama City

$34 1.9%

Kingman, AZ

$9.1 * 0.4% 73.5% $25

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 $1,113 in Kingman, AZ. Housing cost is often the main lever when comparing two cities.

Kingman, AZ pays 478% 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 $49.00 in Kingman, AZ for a mid-range dinner for two. Groceries echo the gap at $325 vs $335 per month, with Panama City cheaper across the board.

Good to know

🇵🇦 Panama City

🇺🇸 Kingman, AZ

🕒 Local time

16:48 4:48 PM

14:48 2:48 PM

2 h behind Panama City

🌤 Weather

👥 Population

1,086,990 Capital

28,912

💱 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 17, 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 17, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to PAB in detail →

On the map

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Highest

Between locations

Panama City Kingman, AZ 4,560 km ≈ 6 h nonstop flight

From you

Panama City
Kingman, AZ

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 Kingman, AZ: Cost of Living - Frequently Asked Questions

Panama City wins on cost – living expenses run 19% lower than in Kingman, AZ. Housing and daily spending are where you'll feel the difference most, making Panama City the obvious pick if budget is a priority.

On paper, salaries run 478% lower in Kingman, AZ. 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: $1,257 in Panama City versus $1,113 in Kingman, AZ. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 3% higher in Kingman, AZ. 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 $2,210 in Kingman, AZ – a 19% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,855 in Panama City versus $2,210 in Kingman, AZ, a $2,500 budget is realistic in Panama City but tight or insufficient in Kingman, AZ. The gap between the two cities makes Panama City the clear choice for anyone on this budget.

Both work as nomad bases, but Panama City delivers better value – similar infrastructure at $1,855 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Panama City hard to pass up.

Expats usually find Panama City gentler on the wallet – expenses run 19% less than in Kingman, AZ. Beyond cost, consider language, visa policies, and how big the international community is in each city.