Last update: Oct 2026

Cost of Living Comparison Between Passo Fundo and Panama City

For one person, living is cheaper in Passo Fundo: $891 a month against $1,855 in Panama City, rent and utilities included – about $11,600 less a year. Rent and utilities account for most of the difference.

Passo Fundo
🇧🇷 Brazil
$891
/mo nomad
Panama City
🇵🇦 Panama
$1,855
/mo nomad
Monthly Cost of Living

How much you'll spend in Passo Fundo and in Panama City

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Passo Fundo and in Panama City actually costs, broken down by who's living it.

A single person spends $891 per month in Passo Fundo vs $1,855 in Panama City, rent included.

  • Passo Fundo $891
  • Panama City $1,855

A couple spends around $1,545 per month in Passo Fundo vs $2,804 in Panama City, rent included.

  • Passo Fundo $1,545
  • Panama City $2,804

A family of three spends $2,200 per month in Passo Fundo vs $3,753 in Panama City, rent included.

  • Passo Fundo $2,200
  • Panama City $3,753

Passo Fundo is about 52% cheaper than Panama City, and outside of rent the biggest gap is in groceries.

Passo Fundo sits 34% below the global median, while Panama City is 37% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Passo Fundo
Panama City
Difference
Meal at Budget Restaurant
$5.89 R$29.87
$11.63 PAB 11.63
-49.36%
Three-Course Dinner for Two, Mid-Range
$32.63 R$165
$47.92 PAB 47.92
-31.91%
Fast Food Meal (McDonalds, etc)
$7.05 R$35.74
$7.96 PAB 7.96
-11.43%
Cappuccino
$2.03 R$10.28
$4.22 PAB 4.22
-51.90%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.43 R$7.25
$2.01 PAB 2.01
-28.86%
Water (0.33 liter bottle)
$0.90 R$4.55
$1.56 PAB 1.56
-42.31%
Local Beer (0.5 liter draught)
$2.35 R$11.92
$3.39 PAB 3.39
-30.68%
Imported Beer (0.33 liter bottle)
$2.99 R$15.13
$3.94 PAB 3.94
-24.11%
🛒 Groceries & Markets
Passo Fundo
Panama City
Difference
Milk (1 liter)
$0.99 R$5.02
$1.85 PAB 1.85
-46.49%
White Bread (500g)
$1.73 R$8.77
$2.56 PAB 2.56
-32.42%
Rice (white) (1kg)
$0.83 R$4.22
$3.48 PAB 3.48
-76.15%
Eggs
$2.35 R$11.92
$2.69 PAB 2.69
-12.64%
Local Cheese (1kg)
$10.40 R$52.7
$12.57 PAB 12.57
-17.26%
Chicken Fillets (1kg)
$4.82 R$24.46
$6.83 PAB 6.83
-29.43%
Beef Round Steak (1kg)
$9.88 R$50.1
$10.58 PAB 10.58
-6.62%
Apples (1kg)
$2.38 R$12.06
$4.18 PAB 4.18
-43.06%
Banana (1kg)
$1.18 R$5.96
$1.83 PAB 1.83
-35.52%
Oranges (1kg)
$1.03 R$5.20
$4.20 PAB 4.20
-75.48%
Tomato (1kg)
$1.29 R$6.53
$4.03 PAB 4.03
-67.99%
Potato (1kg)
$1.21 R$6.13
$3.48 PAB 3.48
-65.23%
Onion (1kg)
$1.14 R$5.76
$4.22 PAB 4.22
-72.99%
Lettuce (1 head)
$0.87 R$4.39
$2.41 PAB 2.41
-63.90%
Water (1.5 liter bottle)
$0.77 R$3.92
$1.69 PAB 1.69
-54.44%
Cigarettes 20 Pack (Marlboro, Camel)
$2.55 R$12.94
$6.14 PAB 6.14
-58.47%
Wine (Bottle)
$8.06 R$40.85
$11.30 PAB 11.30
-28.67%
Local Beer (0.5 liter bottle)
$1.12 R$5.67
$1.42 PAB 1.42
-21.13%
Imported Beer (0.33 liter bottle)
$2.20 R$11.15
$2.73 PAB 2.73
-19.41%
🚌 Getting Around
Passo Fundo
Panama City
Difference
One-way Ticket (Public Transport)
$1.23 R$6.25
$0.33 PAB 0.33
272.73%
Public Transport Monthly Pass (Regular Price)
$53.4 R$271
$21.23 PAB 21.23
151.53%
Taxi Start (Normal Tariff)
$1.27 R$6.45
$2.52 PAB 2.52
-49.60%
Taxi (Normal Tariff) (1km)
$0.80 R$4.03
$1.86 PAB 1.86
-56.99%
Taxi 1hour Waiting (Normal Tariff)
$8.13 R$41.22
$21.78 PAB 21.78
-62.67%
Gasoline (1 liter)
$1.24 R$6.31
$1.25 PAB 1.25
-0.80%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$23.5K R$119.1K
$21.2K PAB 21.2K
10.67%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$33.4K R$169.3K
$21.0K PAB 21.0K
58.83%
🧾 Monthly Utilities & Internet
Passo Fundo
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$75.9 R$385
$130 PAB 130
-41.53%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$8.78 R$44.51
$28.13 PAB 28.13
-68.79%
Internet (50+ Mbps, Unlimited Data)
$21.42 R$109
$48.21 PAB 48.21
-55.57%
🎉 Sport & Entertainment
Passo Fundo
Panama City
Difference
Gym Membership (Monthly)
$28.35 R$144
$45.78 PAB 45.78
-38.07%
Tennis Court (1 Hour on Weekend)
$17.72 R$89.8
$34.92 PAB 34.92
-49.26%
Cinema Ticket
$6.68 R$33.88
$8.67 PAB 8.67
-22.95%
🧸 Childcare & Education
Passo Fundo
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$187 R$950
$544 PAB 544
-65.57%
International Primary School, 1 Child (Yearly)
$7,208 R$36.5K
$9,697 PAB 9,697
-25.67%
👕👟 Clothing & Footwear
Passo Fundo
Panama City
Difference
Jeans (Levis 501 Or Similar)
$49.77 R$252
$66.8 PAB 66.8
-25.44%
Summer Dress (H&M, Zara, etc)
$57.5 R$292
$49.14 PAB 49.14
17.09%
Sport Shoes (Adidas, Nike)
$105 R$530
$93.9 PAB 93.9
11.38%
Men's Leather Business Shoes
$78.2 R$396
$112 PAB 112
-29.91%
🏠 Accommodation & Living
Passo Fundo
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$317 R$1,608
$1,257 PAB 1,257
-74.76%
1-bedroom Apartment, Outside City Center (Monthly)
$230 R$1,166
$875 PAB 875
-73.72%
3-bedroom Apartment, City Center (Monthly)
$806 R$4,083
$2,155 PAB 2,155
-62.62%
3-bedroom Apartment, Outside City Center (Monthly)
$705 R$3,574
$1,564 PAB 1,564
-54.92%
Buy Apartment in City Center (m2)
$1,995 R$10.1K
$3,122 PAB 3,122
-36.11%
Buy Apartment Outside City Center (m2)
$1,816 R$9,203
$1,709 PAB 1,709
6.21%
💵 Salaries & Financials
Passo Fundo
Panama City
Difference
Average Monthly Net Salary (After Tax)
$707 R$3,584
$916 PAB 916
-22.81%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.5
6.39
79.97%

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

Last update for Passo Fundo: October 11, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Passo Fundo
$230
Panama City
$875 280% $645
Groceries & Markets
Passo Fundo
$199
Panama City
$325 63.3% $126
Clothing & Footwear
Passo Fundo
$131
Panama City
$145 10.8% $14
Eating Out
Passo Fundo
$120
Panama City
$207 72.7% $87
Monthly Utilities & Internet
Passo Fundo
$106
Panama City
$206 94.3% $100
Getting Around
Passo Fundo
$64
Panama City
$34 45.9% $29
Sport & Entertainment
Passo Fundo
$42
Panama City
$63 51.3% $21

Cost Breakdown

A central one-bedroom costs $317 in Passo Fundo versus $1,257 in Panama City. 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 30% higher in Panama City, 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 $33.00 in Passo Fundo versus $48.00 in Panama City. Monthly groceries follow the same trend: $199 vs $325 – making Passo Fundo the more affordable choice for daily food spending.

Good to know
🇧🇷 Passo Fundo
🇵🇦 Panama City
🕒 Local time
07:21 7:21 AM
05:21 5:21 AM
2 h behind Passo Fundo
🌤 Weather
👥 Population
206,215
1,086,990 Capital
💱 Currency
Exchange rates and currency converter

PAB, USD, EUR to BRL – Brazilian Real Converter

Brazilian Real exchange rates as of October 18, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

Panamanian Balboa exchange rates as of October 18, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

On the map
Between locations
  • Passo Fundo Panama City 5,060 km ≈ 7 h nonstop flight
From you
  • Passo Fundo
  • Panama City

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
Passo Fundo vs Panama City: Cost of Living - Frequently Asked Questions
Is Panama City cheaper than Passo Fundo?
Yes – Panama City is pricier by about 108%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $1,336 per month in Passo Fundo and $2,783 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Passo Fundo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
How do food prices compare in Passo Fundo and in Panama City?
Groceries cost about 63% more in Panama City, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is eating out cheaper in Passo Fundo or in Panama City?
A mid-range dinner for two costs $33.00 in Passo Fundo and $48.00 in Panama City. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
Is $1,500 a realistic budget for living in Passo Fundo or in Panama City?
A $1,500 monthly budget goes further in Passo Fundo, where all-in costs run around $891, than in Panama City at $1,855. In Passo Fundo it covers expenses comfortably, while in Panama City it requires careful planning or may not stretch far enough.
Is Passo Fundo or Panama City more family-friendly?
Families tend to lean toward Passo Fundo – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Passo Fundo. If higher salaries, better infrastructure, or specific career opportunities are the priority, Panama City makes more sense. Both are solid long-term options with distinct trade-offs.

Passo Fundo vs other spots: cost of living compared

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