Last update: Oct 2026

Cost of Living Comparison Between Redondo Beach, CA and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $3,930 in Redondo Beach, CA, rent and utilities included – about $25,100 less a year. Rent and utilities account for most of the difference.

192

Cost of Living Index in Redondo Beach, CA
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Redondo Beach, CA Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Redondo Beach, CA

🇺🇸 United States

$3,930

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Monthly Cost of Living

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

A single person spends $3,930 per month in Redondo Beach, CA vs $1,837 in Panama City, rent included.

Redondo Beach, CA $3,930
Panama City $1,837

A couple spends around $5,708 per month in Redondo Beach, CA vs $2,825 in Panama City, rent included.

Redondo Beach, CA $5,708
Panama City $2,825

A family of three spends $7,486 per month in Redondo Beach, CA vs $3,812 in Panama City, rent included.

Redondo Beach, CA $7,486
Panama City $3,812

Redondo Beach, CA costs about 114% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Redondo Beach, CA and Panama City sit above the global median – Redondo Beach, CA by 193%, Panama City by 37%.

Meal at Budget Restaurant

$24.70 $24.70

$11.34 PAB 11.34

117.81%

Three-Course Dinner for Two, Mid-Range

$81.6 $81.6

$47.85 PAB 47.85

70.47%

Fast Food Meal (McDonalds, etc)

$14.75 $14.75

$8.07 PAB 8.07

82.78%

Cappuccino

$5.77 $5.77

$4.02 PAB 4.02

43.53%

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

$3.58 $3.58

$1.94 PAB 1.94

84.54%

Water (0.33 liter bottle)

$2.46 $2.46

$1.62 PAB 1.62

51.85%

Local Beer (0.5 liter draught)

$7.57 $7.57

$3.26 PAB 3.26

132.21%

Imported Beer (0.33 liter bottle)

$9.28 $9.28

$3.99 PAB 3.99

132.58%

Milk (1 liter)

$1.13 $1.13

$1.83 PAB 1.83

-38.25%

White Bread (500g)

$4.40 $4.40

$2.57 PAB 2.57

71.21%

Rice (white) (1kg)

$4.82 $4.82

$3.33 PAB 3.33

44.74%

Eggs

$5.70 $5.70

$2.69 PAB 2.69

111.90%

Local Cheese (1kg)

$15.85 $15.85

$12.33 PAB 12.33

28.55%

Chicken Fillets (1kg)

$14.84 $14.84

$6.69 PAB 6.69

121.82%

Beef Round Steak (1kg)

$18.59 $18.59

$10.40 PAB 10.40

78.75%

Apples (1kg)

$5.05 $5.05

$4.16 PAB 4.16

21.39%

Banana (1kg)

$1.84 $1.84

$1.84 PAB 1.84

Oranges (1kg)

$5.63 $5.63

$4.18 PAB 4.18

34.69%

Tomato (1kg)

$5.82 $5.82

$4.08 PAB 4.08

42.65%

Potato (1kg)

$3.77 $3.77

$3.50 PAB 3.50

7.71%

Onion (1kg)

$2.41 $2.41

$4.37 PAB 4.37

-44.85%

Lettuce (1 head)

$2.16 $2.16

$2.34 PAB 2.34

-7.69%

Water (1.5 liter bottle)

$2.85 $2.85

$1.75 PAB 1.75

62.86%

Cigarettes 20 Pack (Marlboro, Camel)

$11.73 $11.73

$6.06 PAB 6.06

93.56%

Wine (Bottle)

$14.71 $14.71

$11.72 PAB 11.72

25.51%

Local Beer (0.5 liter bottle)

$2.48 $2.48

$1.37 PAB 1.37

81.02%

Imported Beer (0.33 liter bottle)

$4.11 $4.11

$2.84 PAB 2.84

44.72%

One-way Ticket (Public Transport)

$1.02 $1.02

$0.36 PAB 0.36

183.33%

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

Taxi Start (Normal Tariff)

$6.20 $6.20

$2.52 PAB 2.52

146.03%

Taxi (Normal Tariff) (1km)

$1.79 PAB 1.79

Taxi 1hour Waiting (Normal Tariff)

$22.01 PAB 22.01

Gasoline (1 liter)

$1.53 $1.53

$1.25 PAB 1.25

22.40%

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

$37.0K $37.0K

$21.5K PAB 21.5K

71.80%

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

$25.8K $25.8K

$21.2K PAB 21.2K

21.84%

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

$198 $198

$131 PAB 131

51.05%

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

$66.3 $66.3

$27.68 PAB 27.68

139.63%

Internet (50+ Mbps, Unlimited Data)

$59.7 $59.7

$48.59 PAB 48.59

22.93%

Gym Membership (Monthly)

$98.8 $98.8

$46.11 PAB 46.11

114.34%

Tennis Court (1 Hour on Weekend)

$35.01 PAB 35.01

Cinema Ticket

$15.32 $15.32

$8.73 PAB 8.73

75.49%

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

$1,165 $1,165

$551 PAB 551

111.51%

International Primary School, 1 Child (Yearly)

$9,560 PAB 9,560

Jeans (Levis 501 Or Similar)

$57.5 $57.5

$67.6 PAB 67.6

-14.98%

Summer Dress (H&M, Zara, etc)

$39.60 $39.60

$48.03 PAB 48.03

-17.55%

Sport Shoes (Adidas, Nike)

$105 $105

$94.9 PAB 94.9

10.79%

Men's Leather Business Shoes

$104 $104

$113 PAB 113

-7.58%

1-bedroom Apartment, City Center (Monthly)

$3,123 $3,123

$1,238 PAB 1,238

152.34%

1-bedroom Apartment, Outside City Center (Monthly)

$2,440 $2,440

$873 PAB 873

179.43%

3-bedroom Apartment, City Center (Monthly)

$5,040 $5,040

$2,197 PAB 2,197

129.41%

3-bedroom Apartment, Outside City Center (Monthly)

$4,265 $4,265

$1,538 PAB 1,538

177.24%

Buy Apartment in City Center (m2)

$7,485 $7,485

$3,116 PAB 3,116

140.25%

Buy Apartment Outside City Center (m2)

$6,329 $6,329

$1,725 PAB 1,725

266.98%

Average Monthly Net Salary (After Tax)

$7,813 $7,813

$934 PAB 934

736.11%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

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

Last update for Redondo Beach, CA: October 4, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Redondo Beach, CA

$2.4K 62.5%

Panama City

$873 47.2% 64.2% $1.6K

Groceries & Markets

Redondo Beach, CA

$472 12.1%

Panama City

$324 17.5% 31.3% $148

Eating Out

Redondo Beach, CA

$392 10%

Panama City

$202 10.9% 48.5% $190

Monthly Utilities & Internet

Redondo Beach, CA

$324 8.3%

Panama City

$207 11.2% 36% $117

Clothing & Footwear

Redondo Beach, CA

$138 3.5%

Panama City

$146 7.9% 5.5% $7.6

Sport & Entertainment

Redondo Beach, CA

$129 3.3%

Panama City

$64 3.4% 50.9% $66

Getting Around

Redondo Beach, CA

$10 * 0.3%

Panama City

$34 1.8% 230% $24

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

Cost Breakdown

A central one-bedroom costs $3,123 in Redondo Beach, CA versus $1,238 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 736% higher in Redondo Beach, 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 $82.0 in Redondo Beach, CA versus $48.00 in Panama City. Monthly groceries follow the same trend: $472 vs $324 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Redondo Beach, CA

🇵🇦 Panama City

🕒 Local time

18:57 6:57 PM

20:57 8:57 PM

2 h ahead of Redondo Beach, CA

🌤 Weather

👥 Population

67,346

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.892 EUR

1 PAB = 1 USD

1 PAB = 0.892 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 12, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Panamanian Balboa exchange rates as of October 12, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

PAB to USD in detail →

On the map

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Between locations

Redondo Beach, CA Panama City 4,830 km ≈ 7 h nonstop flight

From you

Redondo Beach, 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

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

Yes – Redondo Beach, CA is pricier by about 114%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $5,895 per month in Redondo Beach, CA and $2,756 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.

Monthly expenses with rent come to $3,930 in Redondo Beach, CA and $1,837 in Panama City. That's a gap of about 114%.

Kindergarten costs $1,165 per month in Redondo Beach, CA and $551 in Panama City. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,837, than in Redondo Beach, CA at $3,930. In Panama City it covers expenses comfortably, while in Redondo Beach, 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.

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, Redondo Beach, CA makes more sense. Both are solid long-term options with distinct trade-offs.