Last update: Oct 2026

Cost of Living Comparison Between Panama City and Las Vegas, NV

For one person, living is cheaper in Panama City: $1,837 a month against $2,926 in Las Vegas, NV, rent and utilities included – about $13,100 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
140

Cost of Living Index in Las Vegas, NV
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Las Vegas, NV Living Index

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Panama City

🇵🇦 Panama

$1,837

/mo nomad

Las Vegas, NV

🇺🇸 United States

$2,926

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Las Vegas, NV

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 Las Vegas, NV actually costs, broken down by who's living it.

A single person spends $1,837 per month in Panama City vs $2,926 in Las Vegas, NV, rent included.

Panama City $1,837
Las Vegas, NV $2,926

A couple spends around $2,825 per month in Panama City vs $4,272 in Las Vegas, NV, rent included.

Panama City $2,825
Las Vegas, NV $4,272

A family of three spends $3,812 per month in Panama City vs $5,618 in Las Vegas, NV, rent included.

Panama City $3,812
Las Vegas, NV $5,618

Panama City is about 37% cheaper than Las Vegas, NV, and outside of rent the biggest gap is in eating out.

Both Panama City and Las Vegas, NV sit above the global median – Panama City by 37%, Las Vegas, NV by 118%.

Meal at Budget Restaurant

$11.34 PAB 11.34

$25.16 $25.16

-54.93%

Three-Course Dinner for Two, Mid-Range

$47.85 PAB 47.85

$99.7 $99.7

-52.01%

Fast Food Meal (McDonalds, etc)

$8.07 PAB 8.07

$13.40 $13.40

-39.78%

Cappuccino

$4.02 PAB 4.02

$6.22 $6.22

-35.37%

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

$1.94 PAB 1.94

$4.44 $4.44

-56.31%

Water (0.33 liter bottle)

$1.62 PAB 1.62

$3.10 $3.10

-47.74%

Local Beer (0.5 liter draught)

$3.26 PAB 3.26

$7.48 $7.48

-56.42%

Imported Beer (0.33 liter bottle)

$3.99 PAB 3.99

$9.39 $9.39

-57.51%

Milk (1 liter)

$1.83 PAB 1.83

$0.93 $0.93

96.77%

White Bread (500g)

$2.57 PAB 2.57

$3.45 $3.45

-25.51%

Rice (white) (1kg)

$3.33 PAB 3.33

$4.62 $4.62

-27.92%

Eggs

$2.69 PAB 2.69

$4.53 $4.53

-40.62%

Local Cheese (1kg)

$12.33 PAB 12.33

$13.05 $13.05

-5.52%

Chicken Fillets (1kg)

$6.69 PAB 6.69

$11.60 $11.60

-42.33%

Beef Round Steak (1kg)

$10.40 PAB 10.40

$18.24 $18.24

-42.98%

Apples (1kg)

$4.16 PAB 4.16

$4.25 $4.25

-2.12%

Banana (1kg)

$1.84 PAB 1.84

$1.67 $1.67

10.18%

Oranges (1kg)

$4.18 PAB 4.18

$3.61 $3.61

15.79%

Tomato (1kg)

$4.08 PAB 4.08

$3.74 $3.74

9.09%

Potato (1kg)

$3.50 PAB 3.50

$2.25 $2.25

55.56%

Onion (1kg)

$4.37 PAB 4.37

$2.23 $2.23

95.96%

Lettuce (1 head)

$2.34 PAB 2.34

$1.86 $1.86

25.81%

Water (1.5 liter bottle)

$1.75 PAB 1.75

$2.45 $2.45

-28.57%

Cigarettes 20 Pack (Marlboro, Camel)

$6.06 PAB 6.06

$9.95 $9.95

-39.10%

Wine (Bottle)

$11.72 PAB 11.72

$10.94 $10.94

7.13%

Local Beer (0.5 liter bottle)

$1.37 PAB 1.37

$2.61 $2.61

-47.51%

Imported Beer (0.33 liter bottle)

$2.84 PAB 2.84

$2.91 $2.91

-2.41%

One-way Ticket (Public Transport)

$0.36 PAB 0.36

$2.49 $2.49

-85.54%

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

$64.6 $64.6

-67.53%

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

$3.72 $3.72

-32.26%

Taxi (Normal Tariff) (1km)

$1.79 PAB 1.79

$2.63 $2.63

-31.94%

Taxi 1hour Waiting (Normal Tariff)

$22.01 PAB 22.01

$35.29 $35.29

-37.63%

Gasoline (1 liter)

$1.25 PAB 1.25

$1.22 $1.22

2.46%

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

$21.5K PAB 21.5K

$36.8K $36.8K

-41.41%

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

$21.2K PAB 21.2K

$26.9K $26.9K

-21.34%

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

$131 PAB 131

$206 $206

-36.32%

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

$27.68 PAB 27.68

$76.1 $76.1

-63.64%

Internet (50+ Mbps, Unlimited Data)

$48.59 PAB 48.59

$80.3 $80.3

-39.46%

Gym Membership (Monthly)

$46.11 PAB 46.11

$29.82 $29.82

54.63%

Tennis Court (1 Hour on Weekend)

$35.01 PAB 35.01

$13.86 $13.86

152.60%

Cinema Ticket

$8.73 PAB 8.73

$14.80 $14.80

-41.01%

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

$551 PAB 551

$1,205 $1,205

-54.32%

International Primary School, 1 Child (Yearly)

$9,560 PAB 9,560

$25.4K $25.4K

-62.33%

Jeans (Levis 501 Or Similar)

$67.6 PAB 67.6

$46.86 $46.86

44.28%

Summer Dress (H&M, Zara, etc)

$48.03 PAB 48.03

$36.79 $36.79

30.55%

Sport Shoes (Adidas, Nike)

$94.9 PAB 94.9

$82.4 $82.4

15.10%

Men's Leather Business Shoes

$113 PAB 113

$92.4 $92.4

22.20%

1-bedroom Apartment, City Center (Monthly)

$1,238 PAB 1,238

$1,605 $1,605

-22.90%

1-bedroom Apartment, Outside City Center (Monthly)

$873 PAB 873

$1,464 $1,464

-40.37%

3-bedroom Apartment, City Center (Monthly)

$2,197 PAB 2,197

$2,429 $2,429

-9.54%

3-bedroom Apartment, Outside City Center (Monthly)

$1,538 PAB 1,538

$2,311 $2,311

-33.43%

Buy Apartment in City Center (m2)

$3,116 PAB 3,116

$5,280 $5,280

-41.00%

Buy Apartment Outside City Center (m2)

$1,725 PAB 1,725

$2,743 $2,743

-37.13%

Average Monthly Net Salary (After Tax)

$934 PAB 934

$3,655 $3,655

-74.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

6.6

-3.18%

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

Last update for Panama City: October 3, 2026

Last update for Las Vegas, NV: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$873 47.2%

Las Vegas, NV

$1.5K 50.8% 67.7% $591

Groceries & Markets

Panama City

$324 17.5%

Las Vegas, NV

$385 13.4% 18.9% $61

Monthly Utilities & Internet

Panama City

$207 11.2%

Las Vegas, NV

$362 12.6% 74.7% $155

Eating Out

Panama City

$202 10.9%

Las Vegas, NV

$402 14% 99.6% $201

Clothing & Footwear

Panama City

$146 7.9%

Las Vegas, NV

$116 4% 20.1% $29

Sport & Entertainment

Panama City

$64 3.4%

Las Vegas, NV

$59 2.1% 6.5% $4.1

Getting Around

Panama City

$34 1.8%

Las Vegas, NV

$91 3.2% 170% $57

Cost Breakdown

A central one-bedroom costs $1,238 in Panama City versus $1,605 in Las Vegas, NV. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 291% higher in Las Vegas, NV, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48.00 in Panama City versus $100 in Las Vegas, NV. Monthly groceries follow the same trend: $324 vs $385 – making Panama City the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇺🇸 Las Vegas, NV

🕒 Local time

08:52 8:52 AM

06:52 6:52 AM

2 h behind Panama City

🌤 Weather

👥 Population

1,086,990 Capital

641,903

💱 Currency

Panamanian Balboa PAB B/.

United States Dollar USD $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.892 EUR

1 USD = 0.892 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 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City Las Vegas, NV 4,710 km ≈ 6 h nonstop flight

From you

Panama City
Las Vegas, NV

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 Las Vegas, NV: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,837 in Panama City, $2,926 in Las Vegas, NV – roughly 59% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,756 per month in Panama City and $4,388 in Las Vegas, NV. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Panama City, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,837 in Panama City and $2,926 in Las Vegas, NV. That's a gap of about 59%.

Public transport costs about 208% less in Panama City. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,837, than in Las Vegas, NV at $2,926. In Panama City it covers expenses comfortably, while in Las Vegas, NV it requires careful planning or may not stretch far enough.

It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $1,837 in Panama City to $2,926 in Las Vegas, NV. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Panama City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Las Vegas, NV makes more sense. Both are solid long-term options with distinct trade-offs.