Last update: Oct 2026

Cost of Living Comparison Between Revelstoke and Panama City

For one person, living is cheaper in Panama City: $1,855 a month against $2,322 in Revelstoke, rent and utilities included – about $5,600 less a year. Rent and utilities account for most of the difference.

113

Cost of Living Index in Revelstoke
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Revelstoke Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Revelstoke

🇨🇦 Canada

$2,322

/mo nomad

Panama City

🇵🇦 Panama

$1,855

/mo nomad

Monthly Cost of Living

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

A single person spends $2,322 per month in Revelstoke vs $1,855 in Panama City, rent included.

Revelstoke $2,322
Panama City $1,855

A couple spends around $3,726 per month in Revelstoke vs $2,804 in Panama City, rent included.

Revelstoke $3,726
Panama City $2,804

A family of three spends $5,129 per month in Revelstoke vs $3,753 in Panama City, rent included.

Revelstoke $5,129
Panama City $3,753

Revelstoke costs about 25% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Revelstoke and Panama City sit above the global median – Revelstoke by 72%, Panama City by 37%.

Meal at Budget Restaurant

$20.61 CA$29.14

$11.63 PAB 11.63

77.21%

Three-Course Dinner for Two, Mid-Range

$68.8 CA$97.2

$47.92 PAB 47.92

43.55%

Fast Food Meal (McDonalds, etc)

$10.33 CA$14.61

$7.96 PAB 7.96

29.77%

Cappuccino

$3.72 CA$5.26

$4.22 PAB 4.22

-11.85%

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

$2.16 CA$3.05

$2.01 PAB 2.01

7.46%

Water (0.33 liter bottle)

$1.62 CA$2.29

$1.56 PAB 1.56

3.85%

Local Beer (0.5 liter draught)

$5.97 CA$8.44

$3.39 PAB 3.39

76.11%

Imported Beer (0.33 liter bottle)

$4.99 CA$7.05

$3.94 PAB 3.94

26.65%

Milk (1 liter)

$1.97 CA$2.79

$1.85 PAB 1.85

6.49%

White Bread (500g)

$2.35 CA$3.32

$2.56 PAB 2.56

-8.20%

Rice (white) (1kg)

$3.80 CA$5.37

$3.48 PAB 3.48

9.20%

Eggs

$4.11 CA$5.82

$2.69 PAB 2.69

52.79%

Local Cheese (1kg)

$8.14 CA$11.51

$12.57 PAB 12.57

-35.24%

Chicken Fillets (1kg)

$11.89 CA$16.80

$6.83 PAB 6.83

74.08%

Beef Round Steak (1kg)

$13.59 CA$19.21

$10.58 PAB 10.58

28.45%

Apples (1kg)

$4.22 CA$5.96

$4.18 PAB 4.18

0.96%

Banana (1kg)

$1.80 CA$2.55

$1.83 PAB 1.83

-1.64%

Oranges (1kg)

$4.05 CA$5.72

$4.20 PAB 4.20

-3.57%

Tomato (1kg)

$4.06 CA$5.74

$4.03 PAB 4.03

0.74%

Potato (1kg)

$2.92 CA$4.13

$3.48 PAB 3.48

-16.09%

Onion (1kg)

$2.21 CA$3.13

$4.22 PAB 4.22

-47.63%

Lettuce (1 head)

$2.64 CA$3.74

$2.41 PAB 2.41

9.54%

Water (1.5 liter bottle)

$1.84 CA$2.60

$1.69 PAB 1.69

8.88%

Cigarettes 20 Pack (Marlboro, Camel)

$14.30 CA$20.21

$6.14 PAB 6.14

132.90%

Wine (Bottle)

$12.52 CA$17.70

$11.30 PAB 11.30

10.80%

Local Beer (0.5 liter bottle)

$4.21 CA$5.96

$1.42 PAB 1.42

196.48%

Imported Beer (0.33 liter bottle)

$3.83 CA$5.42

$2.73 PAB 2.73

40.29%

One-way Ticket (Public Transport)

$2.86 CA$4.04

$0.33 PAB 0.33

766.67%

Public Transport Monthly Pass (Regular Price)

$34.81 CA$49.21

$21.23 PAB 21.23

63.97%

Taxi Start (Normal Tariff)

$2.85 CA$4.03

$2.52 PAB 2.52

13.10%

Taxi (Normal Tariff) (1km)

$2.77 CA$3.92

$1.86 PAB 1.86

48.92%

Taxi 1hour Waiting (Normal Tariff)

$12.11 CA$17.12

$21.78 PAB 21.78

-44.40%

Gasoline (1 liter)

$1.27 CA$1.80

$1.25 PAB 1.25

1.60%

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

$20.9K CA$29.5K

$21.2K PAB 21.2K

-1.79%

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

$17.3K CA$24.5K

$21.0K PAB 21.0K

-17.67%

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

$192 CA$272

$130 PAB 130

48.06%

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

$47.39 CA$67.0

$28.13 PAB 28.13

68.47%

Internet (50+ Mbps, Unlimited Data)

$41.72 CA$59.0

$48.21 PAB 48.21

-13.46%

Gym Membership (Monthly)

$43.21 CA$61.1

$45.78 PAB 45.78

-5.61%

Tennis Court (1 Hour on Weekend)

$5.21 CA$7.37

$34.92 PAB 34.92

-85.08%

Cinema Ticket

$8.16 CA$11.53

$8.67 PAB 8.67

-5.88%

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

$744 CA$1,052

$544 PAB 544

36.76%

International Primary School, 1 Child (Yearly)

$3,846 CA$5,437

$9,697 PAB 9,697

-60.34%

Jeans (Levis 501 Or Similar)

$57.2 CA$80.8

$66.8 PAB 66.8

-14.34%

Summer Dress (H&M, Zara, etc)

$56.4 CA$79.7

$49.14 PAB 49.14

14.67%

Sport Shoes (Adidas, Nike)

$80.9 CA$114

$93.9 PAB 93.9

-13.84%

Men's Leather Business Shoes

$104 CA$147

$112 PAB 112

-6.83%

1-bedroom Apartment, City Center (Monthly)

$1,195 CA$1,690

$1,257 PAB 1,257

-4.90%

1-bedroom Apartment, Outside City Center (Monthly)

$1,121 CA$1,585

$875 PAB 875

28.12%

3-bedroom Apartment, City Center (Monthly)

$3,174 CA$4,487

$2,155 PAB 2,155

47.27%

3-bedroom Apartment, Outside City Center (Monthly)

$2,469 CA$3,490

$1,564 PAB 1,564

57.87%

Buy Apartment in City Center (m2)

$3,122 PAB 3,122

Buy Apartment Outside City Center (m2)

$1,709 PAB 1,709

Average Monthly Net Salary (After Tax)

$3,464 CA$4,898

$916 PAB 916

278.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.6

6.39

-28.01%

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

Last update for Revelstoke: October 12, 2026

Last update for Panama City: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Revelstoke

$1.1K 48.3%

Panama City

$875 47.2% 21.9% $246

Groceries & Markets

Revelstoke

$367 15.8%

Panama City

$325 17.5% 11.5% $42

Eating Out

Revelstoke

$296 12.7%

Panama City

$207 11.1% 30.1% $89

Monthly Utilities & Internet

Revelstoke

$281 12.1%

Panama City

$206 11.1% 26.7% $75

Clothing & Footwear

Revelstoke

$134 5.8%

Panama City

$145 7.8% 7.7% $10

Getting Around

Revelstoke

$63 2.7%

Panama City

$34 1.9% 45.4% $29

Sport & Entertainment

Revelstoke

$60 2.6%

Panama City

$63 3.4% 6% $3.6

Cost Breakdown

A central one-bedroom costs $1,195 in Revelstoke 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 278% higher in Revelstoke, 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 $69.0 in Revelstoke versus $48.00 in Panama City. Monthly groceries follow the same trend: $367 vs $325 – making Panama City the more affordable choice for daily food spending.

Good to know

🇨🇦 Revelstoke

🇵🇦 Panama City

🕒 Local time

12:34 12:34 PM

14:34 2:34 PM

2 h ahead of Revelstoke

🌤 Weather

👥 Population

7,547

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 →

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Revelstoke Panama City 5,860 km ≈ 8 h nonstop flight

From you

Revelstoke
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

Revelstoke vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Revelstoke is pricier by about 25%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,483 per month in Revelstoke 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 13% more in Revelstoke, 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 $69.0 in Revelstoke 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 Revelstoke at $2,322. In Panama City it covers expenses comfortably, while in Revelstoke 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, Revelstoke makes more sense. Both are solid long-term options with distinct trade-offs.