Last update: Oct 2026

Cost of Living Comparison Between Redding, CA and Panama City

For one person, living is cheaper in Panama City: $1,857 a month against $2,365 in Redding, CA, rent and utilities included – about $6,100 less a year. Other living expenses account for most of the difference.

115

Cost of Living Index in Redding, CA
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Redding, CA Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Redding, CA

🇺🇸 United States

$2,365

/mo nomad

Panama City

🇵🇦 Panama

$1,857

/mo nomad

Monthly Cost of Living

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

A single person spends $2,365 per month in Redding, CA vs $1,857 in Panama City, rent included.

Redding, CA $2,365
Panama City $1,857

A couple spends around $3,427 per month in Redding, CA vs $2,815 in Panama City, rent included.

Redding, CA $3,427
Panama City $2,815

A family of three spends $4,489 per month in Redding, CA vs $3,773 in Panama City, rent included.

Redding, CA $4,489
Panama City $3,773

Redding, CA costs about 27% more than Panama City, and outside of rent the biggest gap is in groceries.

Both Redding, CA and Panama City sit above the global median – Redding, CA by 75%, Panama City by 37%.

Meal at Budget Restaurant

$14.79 $14.79

$11.68 PAB 11.68

26.63%

Three-Course Dinner for Two, Mid-Range

$59.6 $59.6

$47.76 PAB 47.76

24.73%

Fast Food Meal (McDonalds, etc)

$11.88 $11.88

$8.12 PAB 8.12

46.31%

Cappuccino

$5.29 $5.29

$4.23 PAB 4.23

25.06%

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

$2.45 $2.45

$1.92 PAB 1.92

27.60%

Water (0.33 liter bottle)

$1.97 $1.97

$1.58 PAB 1.58

24.68%

Local Beer (0.5 liter draught)

$5.82 $5.82

$3.31 PAB 3.31

75.83%

Imported Beer (0.33 liter bottle)

$5.14 $5.14

$3.98 PAB 3.98

29.15%

Milk (1 liter)

$1.12 $1.12

$1.92 PAB 1.92

-41.67%

White Bread (500g)

$4.18 $4.18

$2.63 PAB 2.63

58.94%

Rice (white) (1kg)

$3.14 $3.14

$3.39 PAB 3.39

-7.37%

Eggs

$3.96 $3.96

$2.67 PAB 2.67

48.31%

Local Cheese (1kg)

$11.54 $11.54

$12.21 PAB 12.21

-5.49%

Chicken Fillets (1kg)

$16.32 $16.32

$6.91 PAB 6.91

136.18%

Beef Round Steak (1kg)

$19.13 $19.13

$10.58 PAB 10.58

80.81%

Apples (1kg)

$5.83 $5.83

$4.16 PAB 4.16

40.14%

Banana (1kg)

$1.69 $1.69

$1.97 PAB 1.97

-14.21%

Oranges (1kg)

$2.82 $2.82

$4.06 PAB 4.06

-30.54%

Tomato (1kg)

$5.57 $5.57

$4.18 PAB 4.18

33.25%

Potato (1kg)

$4.01 $4.01

$3.47 PAB 3.47

15.56%

Onion (1kg)

$3.14 $3.14

$4.26 PAB 4.26

-26.29%

Lettuce (1 head)

$2.59 $2.59

$2.44 PAB 2.44

6.15%

Water (1.5 liter bottle)

$1.41 $1.41

$1.69 PAB 1.69

-16.57%

Cigarettes 20 Pack (Marlboro, Camel)

$11.85 $11.85

$5.83 PAB 5.83

103.26%

Wine (Bottle)

$10.40 $10.40

$11.43 PAB 11.43

-9.01%

Local Beer (0.5 liter bottle)

$1.78 $1.78

$1.38 PAB 1.38

28.99%

Imported Beer (0.33 liter bottle)

$3.74 $3.74

$2.76 PAB 2.76

35.51%

One-way Ticket (Public Transport)

$3.24 $3.24

$0.33 PAB 0.33

881.82%

Public Transport Monthly Pass (Regular Price)

$49.49 $49.49

$20.63 PAB 20.63

139.89%

Taxi Start (Normal Tariff)

$3.17 $3.17

$2.55 PAB 2.55

24.31%

Taxi (Normal Tariff) (1km)

$2.44 $2.44

$1.78 PAB 1.78

37.08%

Taxi 1hour Waiting (Normal Tariff)

$40.80 $40.80

$22.17 PAB 22.17

84.03%

Gasoline (1 liter)

$1.47 $1.47

$1.24 PAB 1.24

18.55%

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

$27.5K $27.5K

$24.4K PAB 24.4K

12.82%

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

$26.2K $26.2K

$21.3K PAB 21.3K

22.82%

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

$186 $186

$131 PAB 131

41.68%

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

$59.5 $59.5

$27.83 PAB 27.83

113.62%

Internet (50+ Mbps, Unlimited Data)

$67.0 $67.0

$49.32 PAB 49.32

35.81%

Gym Membership (Monthly)

$47.31 $47.31

$45.69 PAB 45.69

3.55%

Tennis Court (1 Hour on Weekend)

$34.10 PAB 34.10

Cinema Ticket

$10.83 $10.83

$8.47 PAB 8.47

27.86%

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

$2,763 $2,763

$553 PAB 553

399.24%

International Primary School, 1 Child (Yearly)

$36.5K $36.5K

$9,719 PAB 9,719

275.93%

Jeans (Levis 501 Or Similar)

$62.8 $62.8

$66.4 PAB 66.4

-5.51%

Summer Dress (H&M, Zara, etc)

$32.28 $32.28

$47.39 PAB 47.39

-31.88%

Sport Shoes (Adidas, Nike)

$88.2 $88.2

$95.7 PAB 95.7

-7.75%

Men's Leather Business Shoes

$205 $205

$113 PAB 113

82.26%

1-bedroom Apartment, City Center (Monthly)

$1,443 $1,443

$1,322 PAB 1,322

9.13%

1-bedroom Apartment, Outside City Center (Monthly)

$1,040 $1,040

$874 PAB 874

18.93%

3-bedroom Apartment, City Center (Monthly)

$1,825 $1,825

$2,153 PAB 2,153

-15.25%

3-bedroom Apartment, Outside City Center (Monthly)

$1,612 $1,612

$1,580 PAB 1,580

1.99%

Buy Apartment in City Center (m2)

$2,784 $2,784

$3,097 PAB 3,097

-10.12%

Buy Apartment Outside City Center (m2)

$2,589 $2,589

$1,698 PAB 1,698

52.47%

Average Monthly Net Salary (After Tax)

$3,744 $3,744

$914 PAB 914

309.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.7

6.39

4.85%

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

Last update for Redding, 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

Redding, CA

$1K 44%

Panama City

$874 47.1% 15.9% $165

Groceries & Markets

Redding, CA

$416 17.6%

Panama City

$327 17.6% 21.5% $90

Monthly Utilities & Internet

Redding, CA

$312 13.2%

Panama City

$208 11.2% 33.3% $104

Eating Out

Redding, CA

$275 11.6%

Panama City

$207 11.2% 24.6% $67

Clothing & Footwear

Redding, CA

$175 7.4%

Panama City

$145 7.8% 17.1% $30

Getting Around

Redding, CA

$78 3.3%

Panama City

$33 1.8% 57% $44

Sport & Entertainment

Redding, CA

$69 2.9%

Panama City

$63 3.4% 9.2% $6.3

Cost Breakdown

A central one-bedroom costs $1,443 in Redding, 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.

Salaries run about 310% higher in Redding, CA, 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 $60.0 in Redding, CA versus $48.00 in Panama City. Monthly groceries follow the same trend: $416 vs $327 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Redding, CA

🇵🇦 Panama City

🕒 Local time

14:26 2:26 PM

16:26 4:26 PM

2 h ahead of Redding, CA

🌤 Weather

👥 Population

91,582

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.89 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, EUR to USD – United States Dollar Converter

🇵🇦 Panamanian Balboa (B/.)

🇺🇸 United States Dollar ($)

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).

PAB to USD in detail →

On the map

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Between locations

Redding, CA Panama City 5,490 km ≈ 7 h nonstop flight

From you

Redding, 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

Redding, CA vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Redding, CA is pricier by about 27%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,547 per month in Redding, CA and $2,786 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 27% more in Redding, CA, 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 $60.0 in Redding, CA 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 $1,857, than in Redding, CA at $2,365. In Panama City it covers expenses comfortably, while in Redding, CA 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.

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