Last update: Nov 2026

Cost of Living Comparison Between Panama City and Rock Springs, WY

For one person, living is cheaper in Panama City: $1,972 a month against $2,505 in Rock Springs, WY, rent and utilities included – about $6,400 less a year. Rent and utilities account for most of the difference.

95

Cost of Living Index in Panama City
Learn more

Panama City Living Index
120

Cost of Living Index in Rock Springs, WY
Learn more

Rock Springs, WY Living Index

Jump to prices

Panama City

🇵🇦 Panama

$1,972

/mo nomad

Rock Springs, WY

🇺🇸 United States

$2,505

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Rock Springs, WY

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 Rock Springs, WY actually costs, broken down by who's living it.

A single person spends $1,972 per month in Panama City vs $2,505 in Rock Springs, WY, rent included.

Panama City $1,972
Rock Springs, WY $2,505

A couple spends around $2,930 per month in Panama City vs $3,650 in Rock Springs, WY, rent included.

Panama City $2,930
Rock Springs, WY $3,650

A family of three spends $3,888 per month in Panama City vs $4,795 in Rock Springs, WY, rent included.

Panama City $3,888
Rock Springs, WY $4,795

Panama City is about 21% cheaper than Rock Springs, WY, and outside of rent the biggest gap is in eating out.

Both Panama City and Rock Springs, WY sit above the global median – Panama City by 46%, Rock Springs, WY by 85%.

Meal at Budget Restaurant

$11.37 PAB 11.37

$17.81 $17.81

-36.16%

Three-Course Dinner for Two, Mid-Range

$46.69 PAB 46.69

$72.3 $72.3

-35.38%

Fast Food Meal (McDonalds, etc)

$7.98 PAB 7.98

$10.17 $10.17

-21.53%

Cappuccino

$4.12 PAB 4.12

$4.90 $4.90

-15.92%

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

$2.01 PAB 2.01

$2.27 $2.27

-11.45%

Water (0.33 liter bottle)

$1.57 PAB 1.57

$1.72 $1.72

-8.72%

Local Beer (0.5 liter draught)

$3.28 PAB 3.28

$4.87 $4.87

-32.65%

Imported Beer (0.33 liter bottle)

$3.88 PAB 3.88

$6.17 $6.17

-37.12%

Milk (1 liter)

$1.82 PAB 1.82

$0.88 $0.88

106.82%

White Bread (500g)

$2.61 PAB 2.61

$3.92 $3.92

-33.42%

Rice (white) (1kg)

$3.45 PAB 3.45

$1.78 $1.78

93.82%

Eggs

$2.68 PAB 2.68

$2.98 $2.98

-10.07%

Local Cheese (1kg)

$12.42 PAB 12.42

$11.13 $11.13

11.59%

Chicken Fillets (1kg)

$6.73 PAB 6.73

$9.66 $9.66

-30.33%

Beef Round Steak (1kg)

$10.44 PAB 10.44

$17.01 $17.01

-38.62%

Apples (1kg)

$4.21 PAB 4.21

$4.04 $4.04

4.21%

Banana (1kg)

$1.95 PAB 1.95

$1.33 $1.33

46.62%

Oranges (1kg)

$4.07 PAB 4.07

$3.27 $3.27

24.46%

Tomato (1kg)

$4.02 PAB 4.02

$2.79 $2.79

44.09%

Potato (1kg)

$3.46 PAB 3.46

$1.97 $1.97

75.63%

Onion (1kg)

$4.42 PAB 4.42

$2.51 $2.51

76.10%

Lettuce (1 head)

$2.43 PAB 2.43

$1.91 $1.91

27.23%

Water (1.5 liter bottle)

$1.72 PAB 1.72

$0.99 $0.99

73.74%

Cigarettes 20 Pack (Marlboro, Camel)

$6.04 PAB 6.04

$8.84 $8.84

-31.67%

Wine (Bottle)

$11.68 PAB 11.68

$15.16 $15.16

-22.96%

Local Beer (0.5 liter bottle)

$1.41 PAB 1.41

$2.68 $2.68

-47.39%

Imported Beer (0.33 liter bottle)

$2.74 PAB 2.74

$3.41 $3.41

-19.65%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

$2.00 $2.00

-83.50%

Public Transport Monthly Pass (Regular Price)

$20.65 PAB 20.65

$62.5 $62.5

-66.94%

Taxi Start (Normal Tariff)

$2.45 PAB 2.45

$2.53 $2.53

-3.16%

Taxi (Normal Tariff) (1km)

$1.76 PAB 1.76

$2.33 $2.33

-24.46%

Taxi 1hour Waiting (Normal Tariff)

$21.86 PAB 21.86

$25.25 $25.25

-13.43%

Gasoline (1 liter)

$1.20 PAB 1.20

$1.04 $1.04

15.38%

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

$24.6K PAB 24.6K

$35.0K $35.0K

-29.87%

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

$20.9K PAB 20.9K

$24.1K $24.1K

-13.48%

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

$132 PAB 132

$200 $200

-34.22%

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

$27.89 PAB 27.89

$44.31 $44.31

-37.06%

Internet (50+ Mbps, Unlimited Data)

$49.10 PAB 49.10

$78.5 $78.5

-37.43%

Gym Membership (Monthly)

$44.53 PAB 44.53

$40.66 $40.66

9.52%

Tennis Court (1 Hour on Weekend)

$34.01 PAB 34.01

Cinema Ticket

$8.70 PAB 8.70

$14.88 $14.88

-41.53%

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

$537 PAB 537

$1,321 $1,321

-59.38%

International Primary School, 1 Child (Yearly)

$20.5K PAB 20.5K

$26.7K $26.7K

-23.29%

Jeans (Levis 501 Or Similar)

$65.8 PAB 65.8

$49.33 $49.33

33.39%

Summer Dress (H&M, Zara, etc)

$48.45 PAB 48.45

$45.47 $45.47

6.55%

Sport Shoes (Adidas, Nike)

$95.4 PAB 95.4

$80.6 $80.6

18.37%

Men's Leather Business Shoes

$114 PAB 114

$108 $108

5.04%

1-bedroom Apartment, City Center (Monthly)

$1,405 PAB 1,405

$788 $788

78.26%

1-bedroom Apartment, Outside City Center (Monthly)

$994 PAB 994

$1,279 $1,279

-22.25%

3-bedroom Apartment, City Center (Monthly)

$2,221 PAB 2,221

$2,538 $2,538

-12.50%

3-bedroom Apartment, Outside City Center (Monthly)

$1,714 PAB 1,714

$2,124 $2,124

-19.33%

Buy Apartment in City Center (m2)

$3,139 PAB 3,139

$1,595 $1,595

96.82%

Buy Apartment Outside City Center (m2)

$1,724 PAB 1,724

$1,580 $1,580

9.09%

Average Monthly Net Salary (After Tax)

$936 PAB 936

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

6.46

-1.08%

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

Last update for Panama City: November 3, 2026

Last update for Rock Springs, WY: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Panama City

$994 50.4%

Rock Springs, WY

$1.3K 51.1% 28.6% $285

Groceries & Markets

Panama City

$326 16.5%

Rock Springs, WY

$336 13.4% 3.2% $10

Monthly Utilities & Internet

Panama City

$209 10.6%

Rock Springs, WY

$323 12.9% 54.8% $114

Eating Out

Panama City

$203 10.3%

Rock Springs, WY

$284 11.4% 40.2% $82

Clothing & Footwear

Panama City

$145 7.4%

Rock Springs, WY

$128 5.1% 12.3% $18

Sport & Entertainment

Panama City

$62 3.1%

Rock Springs, WY

$70 2.8% 13.7% $8.5

Getting Around

Panama City

$33 1.7%

Rock Springs, WY

$85 3.4% 155% $51

Cost Breakdown

A central one-bedroom costs $1,405 in Panama City versus $788 in Rock Springs, WY. 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 $72 in Rock Springs, WY. Monthly groceries follow the same trend: $326 vs $336 – making Panama City the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇺🇸 Rock Springs, WY

🕒 Local time

20:06 8:06 PM

18:06 6:06 PM

2 h behind Panama City

🌤 Weather

👥 Population

1,086,990 Capital

22,105

💱 Currency

Panamanian Balboa PAB B/.

United States Dollar USD $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.895 EUR

1 USD = 0.895 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 November 7, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.895 EUR).

United States Dollar exchange rates as of November 7, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City Rock Springs, WY 4,650 km ≈ 6 h nonstop flight

From you

Panama City
Rock Springs, WY

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 Rock Springs, WY: Cost of Living - Frequently Asked Questions

Yes – Rock Springs, WY is pricier by about 27%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,958 per month in Panama City and $3,757 in Rock Springs, WY. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Rock Springs, WY, especially for central apartments: a one-bedroom in the center costs $788 there versus $1,405 in Panama City.

Groceries cost about 3% more in Rock Springs, WY, though the gap depends on what you buy.

A mid-range dinner for two costs $47 in Panama City and $72 in Rock Springs, WY. 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 $1,972, than in Rock Springs, WY at $2,505. In Panama City it covers expenses comfortably, while in Rock Springs, WY 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 $1,972 in Panama City to $2,505 in Rock Springs, WY. Climate, culture, job market, and personal taste all factor in.