Last update: Oct 2026

Cost of Living Comparison Between Port Coquitlam, BC and Panama City

For one person, living is cheaper in Panama City: $1,855 a month against $2,485 in Port Coquitlam, BC, rent and utilities included – about $7,600 less a year. Rent and utilities account for most of the difference.

122

Cost of Living Index in Port Coquitlam, BC
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Port Coquitlam, BC Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Port Coquitlam, BC

🇨🇦 Canada

$2,485

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

How much you'll spend in Port Coquitlam, BC 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 Port Coquitlam, BC and in Panama City actually costs, broken down by who's living it.

A single person spends $2,485 per month in Port Coquitlam, BC vs $1,855 in Panama City, rent included.

Port Coquitlam, BC $2,485
Panama City $1,855

A couple spends around $3,403 per month in Port Coquitlam, BC vs $2,804 in Panama City, rent included.

Port Coquitlam, BC $3,403
Panama City $2,804

A family of three spends $4,320 per month in Port Coquitlam, BC vs $3,753 in Panama City, rent included.

Port Coquitlam, BC $4,320
Panama City $3,753

Port Coquitlam, BC costs about 34% more than Panama City, and outside of rent the biggest gap is in transport.

Both Port Coquitlam, BC and Panama City sit above the global median – Port Coquitlam, BC by 84%, Panama City by 37%.

Meal at Budget Restaurant

$14.22 CA$20.10

$11.63 PAB 11.63

22.27%

Three-Course Dinner for Two, Mid-Range

$71.0 CA$100

$47.92 PAB 47.92

48.08%

Fast Food Meal (McDonalds, etc)

$8.57 CA$12.11

$7.96 PAB 7.96

7.66%

Cappuccino

$3.40 CA$4.81

$4.22 PAB 4.22

-19.43%

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

$2.12 CA$2.99

$2.01 PAB 2.01

5.47%

Water (0.33 liter bottle)

$1.58 CA$2.24

$1.56 PAB 1.56

1.28%

Local Beer (0.5 liter draught)

$5.65 CA$7.99

$3.39 PAB 3.39

66.67%

Imported Beer (0.33 liter bottle)

$6.36 CA$8.99

$3.94 PAB 3.94

61.42%

Milk (1 liter)

$1.77 CA$2.50

$1.85 PAB 1.85

-4.32%

White Bread (500g)

$2.48 CA$3.51

$2.56 PAB 2.56

-3.13%

Rice (white) (1kg)

$3.60 CA$5.09

$3.48 PAB 3.48

3.45%

Eggs

$3.13 CA$4.42

$2.69 PAB 2.69

16.36%

Local Cheese (1kg)

$11.78 CA$16.66

$12.57 PAB 12.57

-6.28%

Chicken Fillets (1kg)

$12.49 CA$17.65

$6.83 PAB 6.83

82.87%

Beef Round Steak (1kg)

$14.17 CA$20.03

$10.58 PAB 10.58

33.93%

Apples (1kg)

$3.96 CA$5.60

$4.18 PAB 4.18

-5.26%

Banana (1kg)

$1.32 CA$1.87

$1.83 PAB 1.83

-27.87%

Oranges (1kg)

$3.76 CA$5.32

$4.20 PAB 4.20

-10.48%

Tomato (1kg)

$3.92 CA$5.54

$4.03 PAB 4.03

-2.73%

Potato (1kg)

$2.64 CA$3.74

$3.48 PAB 3.48

-24.14%

Onion (1kg)

$2.43 CA$3.43

$4.22 PAB 4.22

-42.42%

Lettuce (1 head)

$2.49 CA$3.52

$2.41 PAB 2.41

3.32%

Water (1.5 liter bottle)

$1.56 CA$2.21

$1.69 PAB 1.69

-7.69%

Cigarettes 20 Pack (Marlboro, Camel)

$15.64 CA$22.11

$6.14 PAB 6.14

154.72%

Wine (Bottle)

$14.07 CA$19.89

$11.30 PAB 11.30

24.51%

Local Beer (0.5 liter bottle)

$2.64 CA$3.73

$1.42 PAB 1.42

85.92%

Imported Beer (0.33 liter bottle)

$2.86 CA$4.04

$2.73 PAB 2.73

4.76%

One-way Ticket (Public Transport)

$2.03 CA$2.87

$0.33 PAB 0.33

515.15%

Public Transport Monthly Pass (Regular Price)

$109 CA$154

$21.23 PAB 21.23

412.15%

Taxi Start (Normal Tariff)

$2.67 CA$3.78

$2.52 PAB 2.52

5.95%

Taxi (Normal Tariff) (1km)

$1.62 CA$2.29

$1.86 PAB 1.86

-12.90%

Taxi 1hour Waiting (Normal Tariff)

$30.78 CA$43.51

$21.78 PAB 21.78

41.32%

Gasoline (1 liter)

$1.38 CA$1.96

$1.25 PAB 1.25

10.40%

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

$27.2K CA$38.5K

$21.2K PAB 21.2K

28.28%

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

$20.0K CA$28.3K

$21.0K PAB 21.0K

-4.63%

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

$80.6 CA$114

$130 PAB 130

-37.95%

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

$37.11 CA$52.5

$28.13 PAB 28.13

31.92%

Internet (50+ Mbps, Unlimited Data)

$51.0 CA$72.1

$48.21 PAB 48.21

5.79%

Gym Membership (Monthly)

$20.98 CA$29.66

$45.78 PAB 45.78

-54.17%

Tennis Court (1 Hour on Weekend)

$34.92 PAB 34.92

Cinema Ticket

$10.56 CA$14.93

$8.67 PAB 8.67

21.80%

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

$1,106 CA$1,563

$544 PAB 544

103.17%

International Primary School, 1 Child (Yearly)

$20.2K CA$28.6K

$9,697 PAB 9,697

108.67%

Jeans (Levis 501 Or Similar)

$56.9 CA$80.4

$66.8 PAB 66.8

-14.82%

Summer Dress (H&M, Zara, etc)

$32.20 CA$45.52

$49.14 PAB 49.14

-34.47%

Sport Shoes (Adidas, Nike)

$83.0 CA$117

$93.9 PAB 93.9

-11.53%

Men's Leather Business Shoes

$93.4 CA$132

$112 PAB 112

-16.25%

1-bedroom Apartment, City Center (Monthly)

$1,568 CA$2,216

$1,257 PAB 1,257

24.71%

1-bedroom Apartment, Outside City Center (Monthly)

$1,431 CA$2,023

$875 PAB 875

63.56%

3-bedroom Apartment, City Center (Monthly)

$2,128 CA$3,009

$2,155 PAB 2,155

-1.24%

3-bedroom Apartment, Outside City Center (Monthly)

$1,856 CA$2,624

$1,564 PAB 1,564

18.70%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

Buy Apartment Outside City Center (m2)

$5,490 CA$7,761

$1,709 PAB 1,709

221.16%

Average Monthly Net Salary (After Tax)

$2,284 CA$3,229

$916 PAB 916

149.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.28

6.39

-33.02%

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

Last update for Port Coquitlam, BC: October 13, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Port Coquitlam, BC

$1.4K 57.6%

Panama City

$875 47.2% 38.9% $556

Groceries & Markets

Port Coquitlam, BC

$361 14.5%

Panama City

$325 17.5% 9.8% $35

Eating Out

Port Coquitlam, BC

$236 9.5%

Panama City

$207 11.1% 12.4% $29

Monthly Utilities & Internet

Port Coquitlam, BC

$169 6.8%

Panama City

$206 11.1% 22.2% $38

Getting Around

Port Coquitlam, BC

$128 5.1%

Panama City

$34 1.9% 73% $93

Clothing & Footwear

Port Coquitlam, BC

$119 4.8%

Panama City

$145 7.8% 21% $25

Sport & Entertainment

Port Coquitlam, BC

$42 1.7%

Panama City

$63 3.4% 49.9% $21

Cost Breakdown

A central one-bedroom costs $1,568 in Port Coquitlam, BC 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 149% higher in Port Coquitlam, BC, 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 $71.0 in Port Coquitlam, BC versus $48.00 in Panama City. Monthly groceries follow the same trend: $361 vs $325 – making Panama City the more affordable choice for daily food spending.

Good to know

🇨🇦 Port Coquitlam, BC

🇵🇦 Panama City

🕒 Local time

11:32 11:32 AM

13:32 1:32 PM

2 h ahead of Port Coquitlam, BC

🌤 Weather

👥 Population

61,498

1,086,990 Capital

💱 Currency

Canadian Dollar CAD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 PAB = 1 USD

1 PAB = 0.889 EUR

Exchange rates and currency converter

PAB, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 17, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Panamanian Balboa exchange rates as of October 17, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.889 EUR).

USD to CAD in detail →

On the map

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Between locations

Port Coquitlam, BC Panama City 6,010 km ≈ 8 h nonstop flight

From you

Port Coquitlam, BC
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

Port Coquitlam, BC vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Port Coquitlam, BC is pricier by about 34%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $3,728 per month in Port Coquitlam, BC and $2,783 in Panama City. 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.

Groceries cost about 11% more in Port Coquitlam, BC, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $71.0 in Port Coquitlam, BC and $48.00 in Panama City. 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 $1,855, than in Port Coquitlam, BC at $2,485. In Panama City it covers expenses comfortably, while in Port Coquitlam, BC it requires careful planning or may not stretch far enough.

Families tend to lean toward Panama City – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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