Last update: Oct 2026

Cost of Living Comparison Between Panama City and Newport, OR

For one person, living is cheaper in Panama City: $1,932 a month against $2,468 in Newport, OR, rent and utilities included – about $6,400 less a year. Rent and utilities account for most of the difference.

94

Cost of Living Index in Panama City
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Panama City Living Index
124

Cost of Living Index in Newport, OR
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Newport, OR Living Index

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Panama City

🇵🇦 Panama

$1,932

/mo nomad

Newport, OR

🇺🇸 United States

$2,468

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Newport, OR

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

Monthly costs for one person with rent: $1,932 in Panama City versus $2,468 in Newport, OR.

Panama City $1,932
Newport, OR $2,468

Estimated couple costs with rent: $2,887 in Panama City versus $3,642 in Newport, OR.

Panama City $2,887
Newport, OR $3,642

Monthly costs for a family of three with rent: $3,841 in Panama City versus $4,816 in Newport, OR.

Panama City $3,841
Newport, OR $4,816

Living in Panama City costs roughly 22% less than in Newport, OR, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Panama City 42% above, Newport, OR 81% above.

Meal at Budget Restaurant

$11.72 PAB 11.72

$10.98 $10.98

6.74%

Three-Course Dinner for Two, Mid-Range

$46.74 PAB 46.74

$47.75 $47.75

-2.12%

Fast Food Meal (McDonalds, etc)

$7.98 PAB 7.98

$10.62 $10.62

-24.86%

Cappuccino

$4.18 PAB 4.18

$4.05 $4.05

3.21%

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

$1.95 PAB 1.95

$1.27 $1.27

53.54%

Water (0.33 liter bottle)

$1.64 PAB 1.64

$1.59 $1.59

3.14%

Local Beer (0.5 liter draught)

$3.26 PAB 3.26

$4.48 $4.48

-27.23%

Imported Beer (0.33 liter bottle)

$3.90 PAB 3.90

$6.06 $6.06

-35.64%

Milk (1 liter)

$1.91 PAB 1.91

$1.01 $1.01

89.11%

White Bread (500g)

$2.54 PAB 2.54

$4.47 $4.47

-43.18%

Rice (white) (1kg)

$3.37 PAB 3.37

$4.83 $4.83

-30.23%

Eggs

$2.82 PAB 2.82

$5.43 $5.43

-48.07%

Local Cheese (1kg)

$12.60 PAB 12.60

$6.59 $6.59

91.20%

Chicken Fillets (1kg)

$6.71 PAB 6.71

$18.64 $18.64

-64.00%

Beef Round Steak (1kg)

$10.53 PAB 10.53

$15.38 $15.38

-31.53%

Apples (1kg)

$4.04 PAB 4.04

$4.36 $4.36

-7.34%

Banana (1kg)

$1.94 PAB 1.94

$1.53 $1.53

26.80%

Oranges (1kg)

$4.25 PAB 4.25

$2.16 $2.16

96.76%

Tomato (1kg)

$4.18 PAB 4.18

$2.20 $2.20

90.00%

Potato (1kg)

$3.32 PAB 3.32

$2.85 $2.85

16.49%

Onion (1kg)

$4.34 PAB 4.34

$1.78 $1.78

143.82%

Lettuce (1 head)

$2.40 PAB 2.40

$2.18 $2.18

10.09%

Water (1.5 liter bottle)

$1.71 PAB 1.71

$1.27 $1.27

34.65%

Cigarettes 20 Pack (Marlboro, Camel)

$6.05 PAB 6.05

$11.56 $11.56

-47.66%

Wine (Bottle)

$11.38 PAB 11.38

$9.73 $9.73

16.96%

Local Beer (0.5 liter bottle)

$1.36 PAB 1.36

$3.33 $3.33

-59.16%

Imported Beer (0.33 liter bottle)

$2.80 PAB 2.80

$4.83 $4.83

-42.03%

One-way Ticket (Public Transport)

$0.34 PAB 0.34

$1.73 $1.73

-80.35%

Public Transport Monthly Pass (Regular Price)

$21.28 PAB 21.28

$55.7 $55.7

-61.82%

Taxi Start (Normal Tariff)

$2.43 PAB 2.43

$4.92 $4.92

-50.61%

Taxi (Normal Tariff) (1km)

$1.85 PAB 1.85

$1.91 $1.91

-3.14%

Taxi 1hour Waiting (Normal Tariff)

$21.77 PAB 21.77

$23.53 $23.53

-7.48%

Gasoline (1 liter)

$1.20 PAB 1.20

$1.29 $1.29

-6.98%

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

$24.8K PAB 24.8K

$34.2K $34.2K

-27.48%

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

$21.2K PAB 21.2K

$26.1K $26.1K

-18.72%

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

$132 PAB 132

$284 $284

-53.43%

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

$28.34 PAB 28.34

$62.6 $62.6

-54.71%

Internet (50+ Mbps, Unlimited Data)

$48.88 PAB 48.88

$49.33 $49.33

-0.91%

Gym Membership (Monthly)

$43.02 PAB 43.02

$39.32 $39.32

9.41%

Tennis Court (1 Hour on Weekend)

$34.94 PAB 34.94

Cinema Ticket

$8.43 PAB 8.43

$11.92 $11.92

-29.28%

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

$545 PAB 545

$1,650 $1,650

-66.93%

International Primary School, 1 Child (Yearly)

$9,648 PAB 9,648

$24.2K $24.2K

-60.06%

Jeans (Levis 501 Or Similar)

$65.8 PAB 65.8

$65.9 $65.9

-0.17%

Summer Dress (H&M, Zara, etc)

$47.25 PAB 47.25

$42.33 $42.33

11.62%

Sport Shoes (Adidas, Nike)

$94.6 PAB 94.6

$113 $113

-16.49%

Men's Leather Business Shoes

$110 PAB 110

$134 $134

-17.97%

1-bedroom Apartment, City Center (Monthly)

$1,407 PAB 1,407

$1,553 $1,553

-9.42%

1-bedroom Apartment, Outside City Center (Monthly)

$954 PAB 954

$1,170 $1,170

-18.51%

3-bedroom Apartment, City Center (Monthly)

$2,272 PAB 2,272

$2,895 $2,895

-21.52%

3-bedroom Apartment, Outside City Center (Monthly)

$1,662 PAB 1,662

$2,166 $2,166

-23.29%

Buy Apartment in City Center (m2)

$3,057 PAB 3,057

$3,145 $3,145

-2.81%

Buy Apartment Outside City Center (m2)

$1,729 PAB 1,729

$2,677 $2,677

-35.39%

Average Monthly Net Salary (After Tax)

$916 PAB 916

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

5.25

21.71%

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

Last update for Panama City: October 27, 2026

Last update for Newport, OR: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$954 49.3%

Newport, OR

$1.2K 47.4% 22.7% $217

Groceries & Markets

Panama City

$326 16.9%

Newport, OR

$387 15.7% 18.9% $61

Monthly Utilities & Internet

Panama City

$210 10.9%

Newport, OR

$396 16.1% 89% $187

Eating Out

Panama City

$206 10.7%

Newport, OR

$214 8.7% 3.8% $7.8

Clothing & Footwear

Panama City

$143 7.4%

Newport, OR

$160 6.5% 11.9% $17

Sport & Entertainment

Panama City

$60 3.1%

Newport, OR

$63 2.6% 5.5% $3.3

Getting Around

Panama City

$34 1.8%

Newport, OR

$77 3.1% 125% $43

Cost Breakdown

A one-bedroom apartment in the center runs $1,407 in Panama City and $1,553 in Newport, OR. Housing cost is often the main lever when comparing two cities.

Dining out: $47 in Panama City vs $48 in Newport, OR for a mid-range dinner for two. Groceries echo the gap at $326 vs $387 per month, with Panama City cheaper across the board.

Good to know

🇵🇦 Panama City

🇺🇸 Newport, OR

🕒 Local time

16:04 4:04 PM

14:04 2:04 PM

2 h behind Panama City

🌤 Weather

👥 Population

1,086,990 Capital

24,409

💱 Currency

Panamanian Balboa PAB B/.

United States Dollar USD $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.898 EUR

1 USD = 0.898 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 28, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.11 PAB (1 PAB = 0.898 EUR).

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

USD to PAB in detail →

On the map

Lowest

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Between locations

Panama City Newport, OR 5,820 km ≈ 8 h nonstop flight

From you

Panama City
Newport, OR

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 Newport, OR: Cost of Living - Frequently Asked Questions

Panama City wins on cost – living expenses run 22% lower than in Newport, OR. Housing and daily spending are where you’ll feel the difference most, making Panama City the obvious pick if budget is a priority.

You’d need roughly $2,899 in Panama City and $3,702 in Newport, OR 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.

Rent for a central apartment: $1,407 in Panama City versus $1,553 in Newport, OR. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 19% higher in Newport, OR. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $1,932 per month in Panama City versus $2,468 in Newport, OR – Panama City is about 22% cheaper, which adds up to real savings over time.

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.