Last update: Oct 2026

Cost of Living Comparison Between Panama City and Ocean Shores, WA

For one person, living is cheaper in Panama City: $1,932 a month against $2,814 in Ocean Shores, WA, rent and utilities included – about $10,600 less a year. Rent and utilities account for about half of the difference.

94

Cost of Living Index in Panama City
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Panama City Living Index
137

Cost of Living Index in Ocean Shores, WA
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Ocean Shores, WA Living Index

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Panama City

🇵🇦 Panama

$1,932

/mo nomad

Ocean Shores, WA

🇺🇸 United States

$2,814

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Ocean Shores, WA

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 Ocean Shores, WA actually costs, broken down by who's living it.

A single person spends $1,932 per month in Panama City vs $2,814 in Ocean Shores, WA, rent included.

Panama City $1,932
Ocean Shores, WA $2,814

A couple spends around $2,887 per month in Panama City vs $4,147 in Ocean Shores, WA, rent included.

Panama City $2,887
Ocean Shores, WA $4,147

A family of three spends $3,841 per month in Panama City vs $5,480 in Ocean Shores, WA, rent included.

Panama City $3,841
Ocean Shores, WA $5,480

Panama City is about 31% cheaper than Ocean Shores, WA, and outside of rent the biggest gap is in eating out.

Both Panama City and Ocean Shores, WA sit above the global median – Panama City by 42%, Ocean Shores, WA by 107%.

Meal at Budget Restaurant

$11.72 PAB 11.72

$24.79 $24.79

-52.72%

Three-Course Dinner for Two, Mid-Range

$46.74 PAB 46.74

$101 $101

-53.70%

Fast Food Meal (McDonalds, etc)

$7.98 PAB 7.98

$15.22 $15.22

-47.57%

Cappuccino

$4.18 PAB 4.18

$6.77 $6.77

-38.26%

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

$1.95 PAB 1.95

$3.15 $3.15

-38.10%

Water (0.33 liter bottle)

$1.64 PAB 1.64

$3.14 $3.14

-47.77%

Local Beer (0.5 liter draught)

$3.26 PAB 3.26

$8.13 $8.13

-59.90%

Imported Beer (0.33 liter bottle)

$3.90 PAB 3.90

$8.16 $8.16

-52.21%

Milk (1 liter)

$1.91 PAB 1.91

$1.15 $1.15

66.09%

White Bread (500g)

$2.54 PAB 2.54

$3.25 $3.25

-21.85%

Rice (white) (1kg)

$3.37 PAB 3.37

$5.37 $5.37

-37.24%

Eggs

$2.82 PAB 2.82

$3.46 $3.46

-18.50%

Local Cheese (1kg)

$12.60 PAB 12.60

$11.19 $11.19

12.60%

Chicken Fillets (1kg)

$6.71 PAB 6.71

$6.22 $6.22

7.88%

Beef Round Steak (1kg)

$10.53 PAB 10.53

$16.50 $16.50

-36.18%

Apples (1kg)

$4.04 PAB 4.04

$4.47 $4.47

-9.62%

Banana (1kg)

$1.94 PAB 1.94

$1.86 $1.86

4.30%

Oranges (1kg)

$4.25 PAB 4.25

$3.37 $3.37

26.11%

Tomato (1kg)

$4.18 PAB 4.18

$6.29 $6.29

-33.55%

Potato (1kg)

$3.32 PAB 3.32

$3.49 $3.49

-4.87%

Onion (1kg)

$4.34 PAB 4.34

$3.16 $3.16

37.34%

Lettuce (1 head)

$2.40 PAB 2.40

$1.96 $1.96

22.45%

Water (1.5 liter bottle)

$1.71 PAB 1.71

$1.97 $1.97

-13.20%

Cigarettes 20 Pack (Marlboro, Camel)

$6.05 PAB 6.05

$12.42 $12.42

-51.29%

Wine (Bottle)

$11.38 PAB 11.38

$14.75 $14.75

-22.85%

Local Beer (0.5 liter bottle)

$1.36 PAB 1.36

$2.18 $2.18

-37.61%

Imported Beer (0.33 liter bottle)

$2.80 PAB 2.80

$1.98 $1.98

41.41%

One-way Ticket (Public Transport)

$0.34 PAB 0.34

$1.96 $1.96

-82.65%

Public Transport Monthly Pass (Regular Price)

$21.28 PAB 21.28

$59.7 $59.7

-64.38%

Taxi Start (Normal Tariff)

$2.43 PAB 2.43

$2.67 $2.67

-8.99%

Taxi (Normal Tariff) (1km)

$1.85 PAB 1.85

$1.72 $1.72

7.56%

Taxi 1hour Waiting (Normal Tariff)

$21.77 PAB 21.77

$29.49 $29.49

-26.18%

Gasoline (1 liter)

$1.20 PAB 1.20

$1.42 $1.42

-15.49%

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

$24.8K PAB 24.8K

$37.0K $37.0K

-33.09%

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

$21.2K PAB 21.2K

$25.7K $25.7K

-17.67%

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

$132 PAB 132

$302 $302

-56.10%

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

$28.34 PAB 28.34

$68.6 $68.6

-58.71%

Internet (50+ Mbps, Unlimited Data)

$48.88 PAB 48.88

$87.5 $87.5

-44.15%

Gym Membership (Monthly)

$43.02 PAB 43.02

$35.13 $35.13

22.46%

Tennis Court (1 Hour on Weekend)

$34.94 PAB 34.94

Cinema Ticket

$8.43 PAB 8.43

$18.30 $18.30

-53.93%

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

$545 PAB 545

$2,796 $2,796

-80.49%

International Primary School, 1 Child (Yearly)

$9,648 PAB 9,648

$31.0K $31.0K

-68.83%

Jeans (Levis 501 Or Similar)

$65.8 PAB 65.8

$80.0 $80.0

-17.74%

Summer Dress (H&M, Zara, etc)

$47.25 PAB 47.25

$55.3 $55.3

-14.51%

Sport Shoes (Adidas, Nike)

$94.6 PAB 94.6

$127 $127

-25.63%

Men's Leather Business Shoes

$110 PAB 110

$160 $160

-31.48%

1-bedroom Apartment, City Center (Monthly)

$1,407 PAB 1,407

$1,413 $1,413

-0.45%

1-bedroom Apartment, Outside City Center (Monthly)

$954 PAB 954

$1,244 $1,244

-23.33%

3-bedroom Apartment, City Center (Monthly)

$2,272 PAB 2,272

$2,604 $2,604

-12.73%

3-bedroom Apartment, Outside City Center (Monthly)

$1,662 PAB 1,662

$2,071 $2,071

-19.77%

Buy Apartment in City Center (m2)

$3,057 PAB 3,057

$2,770 $2,770

10.35%

Buy Apartment Outside City Center (m2)

$1,729 PAB 1,729

$2,491 $2,491

-30.59%

Average Monthly Net Salary (After Tax)

$916 PAB 916

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

6.89

-7.26%

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

Last update for Panama City: October 27, 2026

Last update for Ocean Shores, WA: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$954 49.3%

Ocean Shores, WA

$1.2K 44.2% 30.4% $290

Groceries & Markets

Panama City

$326 16.9%

Ocean Shores, WA

$365 13% 11.9% $39

Monthly Utilities & Internet

Panama City

$210 10.9%

Ocean Shores, WA

$458 16.3% 118% $248

Eating Out

Panama City

$206 10.7%

Ocean Shores, WA

$407 14.5% 97.4% $201

Clothing & Footwear

Panama City

$143 7.4%

Ocean Shores, WA

$190 6.8% 33.2% $47

Sport & Entertainment

Panama City

$60 3.1%

Ocean Shores, WA

$72 2.6% 19.8% $12

Getting Around

Panama City

$34 1.8%

Ocean Shores, WA

$79 2.8% 130% $45

Cost Breakdown

A central one-bedroom costs $1,407 in Panama City versus $1,413 in Ocean Shores, WA. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $47 in Panama City versus $101 in Ocean Shores, WA. Monthly groceries follow the same trend: $326 vs $365 – making Panama City the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇺🇸 Ocean Shores, WA

🕒 Local time

18:44 6:44 PM

16:44 4:44 PM

2 h behind Panama City

🌤 Weather

👥 Population

1,086,990 Capital

6,700

💱 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

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Between locations

Panama City Ocean Shores, WA 5,960 km ≈ 8 h nonstop flight

From you

Panama City
Ocean Shores, WA

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 Ocean Shores, WA: Cost of Living - Frequently Asked Questions

Yes – Ocean Shores, WA is pricier by about 46%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,899 per month in Panama City and $4,221 in Ocean Shores, WA. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,407 in Panama City and $1,413 in Ocean Shores, WA. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Groceries cost about 12% more in Ocean Shores, WA, though the gap depends on what you buy.

A mid-range dinner for two costs $47 in Panama City and $101 in Ocean Shores, WA. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,932, than in Ocean Shores, WA at $2,814. In Panama City it covers expenses comfortably, while in Ocean Shores, WA 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 $1,932 in Panama City to $2,814 in Ocean Shores, WA. Climate, culture, job market, and personal taste all factor in.