Last update: Nov 2026

Cost of Living Comparison Between Rock Springs, WY and Panama City

For one person, living is cheaper in Panama City: $1,972 a month against $2,505 in Rock Springs, WY, rent and utilities included – about $6,400 less a year. Rent and utilities account for most of the difference.

Rock Springs, WY, United States
Panama City, Panama
Rock Springs, WY
🇺🇸 United States
$2,505
/mo nomad
Panama City
🇵🇦 Panama
$1,972
/mo nomad
Monthly Cost of Living

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

A single person spends $2,505 per month in Rock Springs, WY vs $1,972 in Panama City, rent included.

  • Rock Springs, WY $2,505
  • Panama City $1,972

A couple spends around $3,650 per month in Rock Springs, WY vs $2,930 in Panama City, rent included.

  • Rock Springs, WY $3,650
  • Panama City $2,930

A family of three spends $4,795 per month in Rock Springs, WY vs $3,888 in Panama City, rent included.

  • Rock Springs, WY $4,795
  • Panama City $3,888

Rock Springs, WY costs about 27% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Rock Springs, WY and Panama City sit above the global median – Rock Springs, WY by 85%, Panama City by 46%.

Currency
🍽 Eating Out
Rock Springs, WY
Panama City
Difference
Meal at Budget Restaurant
$17.81 $17.81
$11.37 PAB 11.37
56.64%
Three-Course Dinner for Two, Mid-Range
$72.3 $72.3
$46.69 PAB 46.69
54.74%
Fast Food Meal (McDonalds, etc)
$10.17 $10.17
$7.98 PAB 7.98
27.44%
Cappuccino
$4.90 $4.90
$4.12 PAB 4.12
18.93%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.27 $2.27
$2.01 PAB 2.01
12.94%
Water (0.33 liter bottle)
$1.72 $1.72
$1.57 PAB 1.57
9.55%
Local Beer (0.5 liter draught)
$4.87 $4.87
$3.28 PAB 3.28
48.48%
Imported Beer (0.33 liter bottle)
$6.17 $6.17
$3.88 PAB 3.88
59.02%
🛒 Groceries & Markets
Rock Springs, WY
Panama City
Difference
Milk (1 liter)
$0.88 $0.88
$1.82 PAB 1.82
-51.65%
White Bread (500g)
$3.92 $3.92
$2.61 PAB 2.61
50.19%
Rice (white) (1kg)
$1.78 $1.78
$3.45 PAB 3.45
-48.41%
Eggs
$2.98 $2.98
$2.68 PAB 2.68
11.19%
Local Cheese (1kg)
$11.13 $11.13
$12.42 PAB 12.42
-10.39%
Chicken Fillets (1kg)
$9.66 $9.66
$6.73 PAB 6.73
43.54%
Beef Round Steak (1kg)
$17.01 $17.01
$10.44 PAB 10.44
62.93%
Apples (1kg)
$4.04 $4.04
$4.21 PAB 4.21
-4.04%
Banana (1kg)
$1.33 $1.33
$1.95 PAB 1.95
-31.79%
Oranges (1kg)
$3.27 $3.27
$4.07 PAB 4.07
-19.66%
Tomato (1kg)
$2.79 $2.79
$4.02 PAB 4.02
-30.60%
Potato (1kg)
$1.97 $1.97
$3.46 PAB 3.46
-43.06%
Onion (1kg)
$2.51 $2.51
$4.42 PAB 4.42
-43.21%
Lettuce (1 head)
$1.91 $1.91
$2.43 PAB 2.43
-21.40%
Water (1.5 liter bottle)
$0.99 $0.99
$1.72 PAB 1.72
-42.44%
Cigarettes 20 Pack (Marlboro, Camel)
$8.84 $8.84
$6.04 PAB 6.04
46.36%
Wine (Bottle)
$15.16 $15.16
$11.68 PAB 11.68
29.79%
Local Beer (0.5 liter bottle)
$2.68 $2.68
$1.41 PAB 1.41
90.07%
Imported Beer (0.33 liter bottle)
$3.41 $3.41
$2.74 PAB 2.74
24.45%
🚌 Getting Around
Rock Springs, WY
Panama City
Difference
One-way Ticket (Public Transport)
$2.00 $2.00
$0.33 PAB 0.33
506.06%
Public Transport Monthly Pass (Regular Price)
$62.5 $62.5
$20.65 PAB 20.65
202.52%
Taxi Start (Normal Tariff)
$2.53 $2.53
$2.45 PAB 2.45
3.27%
Taxi (Normal Tariff) (1km)
$2.33 $2.33
$1.76 PAB 1.76
32.39%
Taxi 1hour Waiting (Normal Tariff)
$25.25 $25.25
$21.86 PAB 21.86
15.51%
Gasoline (1 liter)
$1.04 $1.04
$1.20 PAB 1.20
-13.33%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35.0K $35.0K
$24.6K PAB 24.6K
42.59%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.1K $24.1K
$20.9K PAB 20.9K
15.58%
🧾 Monthly Utilities & Internet
Rock Springs, WY
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$200 $200
$132 PAB 132
52.03%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$44.31 $44.31
$27.89 PAB 27.89
58.87%
Internet (50+ Mbps, Unlimited Data)
$78.5 $78.5
$49.10 PAB 49.10
59.82%
🎉 Sport & Entertainment
Rock Springs, WY
Panama City
Difference
Gym Membership (Monthly)
$40.66 $40.66
$44.53 PAB 44.53
-8.69%
Tennis Court (1 Hour on Weekend)
-
$34.01 PAB 34.01
-
Cinema Ticket
$14.88 $14.88
$8.70 PAB 8.70
71.03%
🧸 Childcare & Education
Rock Springs, WY
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,321 $1,321
$537 PAB 537
146.17%
International Primary School, 1 Child (Yearly)
$26.7K $26.7K
$20.5K PAB 20.5K
30.36%
👕👟 Clothing & Footwear
Rock Springs, WY
Panama City
Difference
Jeans (Levis 501 Or Similar)
$49.33 $49.33
$65.8 PAB 65.8
-25.03%
Summer Dress (H&M, Zara, etc)
$45.47 $45.47
$48.45 PAB 48.45
-6.15%
Sport Shoes (Adidas, Nike)
$80.6 $80.6
$95.4 PAB 95.4
-15.52%
Men's Leather Business Shoes
$108 $108
$114 PAB 114
-4.80%
🏠 Accommodation & Living
Rock Springs, WY
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$788 $788
$1,405 PAB 1,405
-43.90%
1-bedroom Apartment, Outside City Center (Monthly)
$1,279 $1,279
$994 PAB 994
28.62%
3-bedroom Apartment, City Center (Monthly)
$2,538 $2,538
$2,221 PAB 2,221
14.29%
3-bedroom Apartment, Outside City Center (Monthly)
$2,124 $2,124
$1,714 PAB 1,714
23.96%
Buy Apartment in City Center (m2)
$1,595 $1,595
$3,139 PAB 3,139
-49.19%
Buy Apartment Outside City Center (m2)
$1,580 $1,580
$1,724 PAB 1,724
-8.33%
💵 Salaries & Financials
Rock Springs, WY
Panama City
Difference
Average Monthly Net Salary (After Tax)
-
$936 PAB 936
-
20-Year Fixed Mortgage Interest Rate (Annual %)
6.46
6.39
1.10%

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

Last update for Rock Springs, WY: November 2, 2026

Last update for Panama City: November 3, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Rock Springs, WY
$1.3K
Panama City
$994 22.3% $285
Groceries & Markets
Rock Springs, WY
$336
Panama City
$326 3.1% $10
Monthly Utilities & Internet
Rock Springs, WY
$323
Panama City
$209 35.4% $114
Eating Out
Rock Springs, WY
$284
Panama City
$203 28.7% $82
Clothing & Footwear
Rock Springs, WY
$128
Panama City
$145 14% $18
Getting Around
Rock Springs, WY
$85
Panama City
$33 60.8% $51
Sport & Entertainment
Rock Springs, WY
$70
Panama City
$62 12% $8.5

Cost Breakdown

A central one-bedroom costs $788 in Rock Springs, WY versus $1,405 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 $72 in Rock Springs, WY versus $47 in Panama City. Monthly groceries follow the same trend: $336 vs $326 – making Panama City the more affordable choice for daily food spending.

Good to know
🇺🇸 Rock Springs, WY
🇵🇦 Panama City
🕒 Local time
17:47 5:47 PM
19:47 7:47 PM
2 h ahead of Rock Springs, WY
🌤 Weather
👥 Population
22,105
1,086,990 Capital
Exchange rates and currency converter

PAB, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of November 7, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

Panamanian Balboa exchange rates as of November 7, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.895 EUR).

On the map
Between locations
  • Rock Springs, WY Panama City 4,650 km ≈ 6 h nonstop flight
From you
  • Rock Springs, WY
  • 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
Rock Springs, WY vs Panama City: Cost of Living - Frequently Asked Questions
Is Panama City cheaper than Rock Springs, WY?
Yes – Rock Springs, WY is pricier by about 27%, 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 $3,757 per month in Rock Springs, WY and $2,958 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 Rock Springs, WY, especially for central apartments: a one-bedroom in the center costs $788 there versus $1,405 in Panama City.
How do food prices compare in Rock Springs, WY and in Panama City?
Groceries cost about 3% more in Rock Springs, WY, though the gap depends on what you buy.
Is eating out cheaper in Rock Springs, WY or in Panama City?
A mid-range dinner for two costs $72 in Rock Springs, WY and $47 in Panama City. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.
Is $2,500 a realistic budget for living in Rock Springs, WY or in Panama City?
A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,972, than in Rock Springs, WY at $2,505. In Panama City it covers expenses comfortably, while in Rock Springs, WY it requires careful planning or may not stretch far enough.
Is it better to live in Rock Springs, WY or in Panama City?
It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $1,972 in Panama City to $2,505 in Rock Springs, WY. Climate, culture, job market, and personal taste all factor in.

Rock Springs, WY vs other spots: cost of living compared

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