Last update: Oct 2026

Cost of Living Comparison Between Quincy, CA and Panama City

For one person, living is cheaper in Panama City: $1,857 a month against $2,504 in Quincy, CA, rent and utilities included – about $7,800 less a year. Rent and utilities account for most of the difference.

Quincy, CA
🇺🇸 United States
$2,504
/mo nomad
Panama City
🇵🇦 Panama
$1,857
/mo nomad
Monthly Cost of Living

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

A single person spends $2,504 per month in Quincy, CA vs $1,857 in Panama City, rent included.

  • Quincy, CA $2,504
  • Panama City $1,857

A couple spends around $3,674 per month in Quincy, CA vs $2,815 in Panama City, rent included.

  • Quincy, CA $3,674
  • Panama City $2,815

A family of three spends $4,844 per month in Quincy, CA vs $3,773 in Panama City, rent included.

  • Quincy, CA $4,844
  • Panama City $3,773

Quincy, CA costs about 35% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Quincy, CA and Panama City sit above the global median – Quincy, CA by 85%, Panama City by 37%.

Currency
🍽 Eating Out
Quincy, CA
Panama City
Difference
Meal at Budget Restaurant
$20.17 $20.17
$11.68 PAB 11.68
72.69%
Three-Course Dinner for Two, Mid-Range
$75.1 $75.1
$47.76 PAB 47.76
57.27%
Fast Food Meal (McDonalds, etc)
$10.95 $10.95
$8.12 PAB 8.12
34.85%
Cappuccino
$5.37 $5.37
$4.23 PAB 4.23
26.95%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.63 $2.63
$1.92 PAB 1.92
36.98%
Water (0.33 liter bottle)
$2.04 $2.04
$1.58 PAB 1.58
29.11%
Local Beer (0.5 liter draught)
$6.08 $6.08
$3.31 PAB 3.31
83.69%
Imported Beer (0.33 liter bottle)
$6.75 $6.75
$3.98 PAB 3.98
69.60%
🛒 Groceries & Markets
Quincy, CA
Panama City
Difference
Milk (1 liter)
$1.00 $1.00
$1.92 PAB 1.92
-47.92%
White Bread (500g)
$3.56 $3.56
$2.63 PAB 2.63
35.36%
Rice (white) (1kg)
$4.24 $4.24
$3.39 PAB 3.39
25.07%
Eggs
$4.24 $4.24
$2.67 PAB 2.67
58.80%
Local Cheese (1kg)
$12.39 $12.39
$12.21 PAB 12.21
1.47%
Chicken Fillets (1kg)
$11.43 $11.43
$6.91 PAB 6.91
65.41%
Beef Round Steak (1kg)
$17.07 $17.07
$10.58 PAB 10.58
61.34%
Apples (1kg)
$4.87 $4.87
$4.16 PAB 4.16
17.07%
Banana (1kg)
$1.57 $1.57
$1.97 PAB 1.97
-20.30%
Oranges (1kg)
$4.28 $4.28
$4.06 PAB 4.06
5.42%
Tomato (1kg)
$4.75 $4.75
$4.18 PAB 4.18
13.64%
Potato (1kg)
$2.73 $2.73
$3.47 PAB 3.47
-21.33%
Onion (1kg)
$3.01 $3.01
$4.26 PAB 4.26
-29.34%
Lettuce (1 head)
$2.11 $2.11
$2.44 PAB 2.44
-13.52%
Water (1.5 liter bottle)
$2.27 $2.27
$1.69 PAB 1.69
34.32%
Cigarettes 20 Pack (Marlboro, Camel)
$10.10 $10.10
$5.83 PAB 5.83
73.24%
Wine (Bottle)
$15.08 $15.08
$11.43 PAB 11.43
31.93%
Local Beer (0.5 liter bottle)
$2.02 $2.02
$1.38 PAB 1.38
46.38%
Imported Beer (0.33 liter bottle)
$3.33 $3.33
$2.76 PAB 2.76
20.65%
🚌 Getting Around
Quincy, CA
Panama City
Difference
One-way Ticket (Public Transport)
$1.91 $1.91
$0.33 PAB 0.33
478.79%
Public Transport Monthly Pass (Regular Price)
-
$20.63 PAB 20.63
-
Taxi Start (Normal Tariff)
$3.07 $3.07
$2.55 PAB 2.55
20.39%
Taxi (Normal Tariff) (1km)
$1.49 $1.49
$1.78 PAB 1.78
-16.29%
Taxi 1hour Waiting (Normal Tariff)
$33.83 $33.83
$22.17 PAB 22.17
52.59%
Gasoline (1 liter)
$1.65 $1.65
$1.24 PAB 1.24
33.06%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$31.8K $31.8K
$24.4K PAB 24.4K
30.20%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.4K $23.4K
$21.3K PAB 21.3K
9.68%
🧾 Monthly Utilities & Internet
Quincy, CA
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$184 $184
$131 PAB 131
40.03%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$50.4 $50.4
$27.83 PAB 27.83
81.14%
Internet (50+ Mbps, Unlimited Data)
$63.7 $63.7
$49.32 PAB 49.32
29.16%
🎉 Sport & Entertainment
Quincy, CA
Panama City
Difference
Gym Membership (Monthly)
$46.28 $46.28
$45.69 PAB 45.69
1.29%
Tennis Court (1 Hour on Weekend)
-
$34.10 PAB 34.10
-
Cinema Ticket
$12.71 $12.71
$8.47 PAB 8.47
50.06%
🧸 Childcare & Education
Quincy, CA
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,251 $1,251
$553 PAB 553
125.94%
International Primary School, 1 Child (Yearly)
$21.8K $21.8K
$9,719 PAB 9,719
124.70%
👕👟 Clothing & Footwear
Quincy, CA
Panama City
Difference
Jeans (Levis 501 Or Similar)
$59.1 $59.1
$66.4 PAB 66.4
-11.03%
Summer Dress (H&M, Zara, etc)
$35.50 $35.50
$47.39 PAB 47.39
-25.09%
Sport Shoes (Adidas, Nike)
$102 $102
$95.7 PAB 95.7
6.31%
Men's Leather Business Shoes
$103 $103
$113 PAB 113
-8.33%
🏠 Accommodation & Living
Quincy, CA
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$1,488 $1,488
$1,322 PAB 1,322
12.50%
1-bedroom Apartment, Outside City Center (Monthly)
$1,264 $1,264
$874 PAB 874
44.56%
3-bedroom Apartment, City Center (Monthly)
$2,824 $2,824
$2,153 PAB 2,153
31.19%
3-bedroom Apartment, Outside City Center (Monthly)
$2,078 $2,078
$1,580 PAB 1,580
31.50%
Buy Apartment in City Center (m2)
$2,790 $2,790
$3,097 PAB 3,097
-9.93%
Buy Apartment Outside City Center (m2)
$2,117 $2,117
$1,698 PAB 1,698
24.66%
💵 Salaries & Financials
Quincy, CA
Panama City
Difference
Average Monthly Net Salary (After Tax)
-
$914 PAB 914
-
20-Year Fixed Mortgage Interest Rate (Annual %)
6.57
6.39
2.82%

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

Last update for Quincy, CA: October 19, 2026

Last update for Panama City: October 20, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Quincy, CA
$1.3K
Panama City
$874 30.8% $390
Groceries & Markets
Quincy, CA
$397
Panama City
$327 17.6% $70
Eating Out
Quincy, CA
$321
Panama City
$207 35.5% $114
Monthly Utilities & Internet
Quincy, CA
$298
Panama City
$208 30% $90
Clothing & Footwear
Quincy, CA
$135
Panama City
$145 7.5% $10
Sport & Entertainment
Quincy, CA
$72
Panama City
$63 12.7% $9.1
Getting Around
Quincy, CA
$18 *
Panama City
$33 84% $15

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,488 in Quincy, CA versus $1,322 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.

A mid-range dinner for two costs $75.0 in Quincy, CA versus $48.00 in Panama City. Monthly groceries follow the same trend: $397 vs $327 – making Panama City the more affordable choice for daily food spending.

Good to know
🇺🇸 Quincy, CA
🇵🇦 Panama City
🕒 Local time
08:18 8:18 AM
10:18 10:18 AM
2 h ahead of Quincy, CA
🌤 Weather
👥 Population
92,271
1,086,990 Capital
Exchange rates and currency converter

PAB, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Panamanian Balboa exchange rates as of October 20, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

On the map
Between locations
  • Quincy, CA Panama City 5,350 km ≈ 7 h nonstop flight
From you
  • Quincy, CA
  • 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
Quincy, CA vs Panama City: Cost of Living - Frequently Asked Questions
Is Panama City cheaper than Quincy, CA?
Yes – Quincy, CA is pricier by about 35%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $3,756 per month in Quincy, CA and $2,786 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 Panama City, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
What are total monthly expenses in Quincy, CA and in Panama City?
Monthly expenses with rent come to $2,504 in Quincy, CA and $1,857 in Panama City. That's a gap of about 35%.
Which city has cheaper kindergarten?
Kindergarten costs $1,251 per month in Quincy, CA and $553 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $2,500 a realistic budget for living in Quincy, CA or in Panama City?
A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,857, than in Quincy, CA at $2,504. In Panama City it covers expenses comfortably, while in Quincy, CA it requires careful planning or may not stretch far enough.
Is Quincy, CA or Panama City more family-friendly?
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.
Which city is safer, Quincy, CA or Panama City?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Panama City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Quincy, CA makes more sense. Both are solid long-term options with distinct trade-offs.

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