Last update: Nov 2026

Cost of Living Comparison Between Roy, UT and Panama City

For one person, living is cheaper in Panama City: $1,972 a month against $2,306 in Roy, UT, rent and utilities included – about $4,000 less a year. Other living expenses account for most of the difference.

111

Cost of Living Index in Roy, UT
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Roy, UT Living Index
95

Cost of Living Index in Panama City
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Panama City Living Index

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Roy, UT

🇺🇸 United States

$2,306

/mo nomad

Panama City

🇵🇦 Panama

$1,972

/mo nomad

Monthly Cost of Living

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

A single person spends $2,306 per month in Roy, UT vs $1,972 in Panama City, rent included.

Roy, UT $2,306
Panama City $1,972

A couple spends around $3,333 per month in Roy, UT vs $2,930 in Panama City, rent included.

Roy, UT $3,333
Panama City $2,930

A family of three spends $4,360 per month in Roy, UT vs $3,888 in Panama City, rent included.

Roy, UT $4,360
Panama City $3,888

Roy, UT costs about 17% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Roy, UT and Panama City sit above the global median – Roy, UT by 71%, Panama City by 46%.

Meal at Budget Restaurant

$17.64 $17.64

$11.37 PAB 11.37

55.15%

Three-Course Dinner for Two, Mid-Range

$74.8 $74.8

$46.69 PAB 46.69

60.18%

Fast Food Meal (McDonalds, etc)

$10.10 $10.10

$7.98 PAB 7.98

26.57%

Cappuccino

$5.17 $5.17

$4.12 PAB 4.12

25.49%

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

$2.28 $2.28

$2.01 PAB 2.01

13.43%

Water (0.33 liter bottle)

$1.71 $1.71

$1.57 PAB 1.57

8.92%

Local Beer (0.5 liter draught)

$6.03 $6.03

$3.28 PAB 3.28

83.84%

Imported Beer (0.33 liter bottle)

$8.18 $8.18

$3.88 PAB 3.88

110.82%

Milk (1 liter)

$0.60 $0.60

$1.82 PAB 1.82

-67.03%

White Bread (500g)

$2.73 $2.73

$2.61 PAB 2.61

4.60%

Rice (white) (1kg)

$3.98 $3.98

$3.45 PAB 3.45

15.36%

Eggs

$3.43 $3.43

$2.68 PAB 2.68

27.99%

Local Cheese (1kg)

$12.02 $12.02

$12.42 PAB 12.42

-3.22%

Chicken Fillets (1kg)

$11.99 $11.99

$6.73 PAB 6.73

78.16%

Beef Round Steak (1kg)

$10.95 $10.95

$10.44 PAB 10.44

4.89%

Apples (1kg)

$4.06 $4.06

$4.21 PAB 4.21

-3.56%

Banana (1kg)

$1.37 $1.37

$1.95 PAB 1.95

-29.74%

Oranges (1kg)

$3.59 $3.59

$4.07 PAB 4.07

-11.79%

Tomato (1kg)

$3.84 $3.84

$4.02 PAB 4.02

-4.48%

Potato (1kg)

$2.28 $2.28

$3.46 PAB 3.46

-34.10%

Onion (1kg)

$2.54 $2.54

$4.42 PAB 4.42

-42.53%

Lettuce (1 head)

$1.87 $1.87

$2.43 PAB 2.43

-23.05%

Water (1.5 liter bottle)

$1.93 $1.93

$1.72 PAB 1.72

12.21%

Cigarettes 20 Pack (Marlboro, Camel)

$10.45 $10.45

$6.04 PAB 6.04

73.01%

Wine (Bottle)

$15.03 $15.03

$11.68 PAB 11.68

28.68%

Local Beer (0.5 liter bottle)

$2.66 $2.66

$1.41 PAB 1.41

88.65%

Imported Beer (0.33 liter bottle)

$3.28 $3.28

$2.74 PAB 2.74

19.71%

One-way Ticket (Public Transport)

$1.99 $1.99

$0.33 PAB 0.33

503.03%

Public Transport Monthly Pass (Regular Price)

$60.7 $60.7

$20.65 PAB 20.65

194.04%

Taxi Start (Normal Tariff)

$2.56 $2.56

$2.45 PAB 2.45

4.49%

Taxi (Normal Tariff) (1km)

$2.33 $2.33

$1.76 PAB 1.76

32.39%

Taxi 1hour Waiting (Normal Tariff)

$12.99 $12.99

$21.86 PAB 21.86

-40.58%

Gasoline (1 liter)

$0.99 $0.99

$1.20 PAB 1.20

-17.50%

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

$35.3K $35.3K

$24.6K PAB 24.6K

43.75%

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

$25.7K $25.7K

$20.9K PAB 20.9K

22.91%

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

$194 $194

$132 PAB 132

47.03%

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

$53.1 $53.1

$27.89 PAB 27.89

90.25%

Internet (50+ Mbps, Unlimited Data)

$83.8 $83.8

$49.10 PAB 49.10

70.67%

Gym Membership (Monthly)

$39.26 $39.26

$44.53 PAB 44.53

-11.83%

Tennis Court (1 Hour on Weekend)

$14.70 $14.70

$34.01 PAB 34.01

-56.78%

Cinema Ticket

$10.93 $10.93

$8.70 PAB 8.70

25.63%

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

$1,338 $1,338

$537 PAB 537

149.34%

International Primary School, 1 Child (Yearly)

$26.2K $26.2K

$20.5K PAB 20.5K

27.75%

Jeans (Levis 501 Or Similar)

$39.70 $39.70

$65.8 PAB 65.8

-39.67%

Summer Dress (H&M, Zara, etc)

$24.96 $24.96

$48.45 PAB 48.45

-48.48%

Sport Shoes (Adidas, Nike)

$90.5 $90.5

$95.4 PAB 95.4

-5.13%

Men's Leather Business Shoes

$110 $110

$114 PAB 114

-3.14%

1-bedroom Apartment, City Center (Monthly)

$1,302 $1,302

$1,405 PAB 1,405

-7.33%

1-bedroom Apartment, Outside City Center (Monthly)

$1,069 $1,069

$994 PAB 994

7.58%

3-bedroom Apartment, City Center (Monthly)

$1,732 $1,732

$2,221 PAB 2,221

-22.02%

3-bedroom Apartment, Outside City Center (Monthly)

$1,654 $1,654

$1,714 PAB 1,714

-3.48%

Buy Apartment in City Center (m2)

$2,456 $2,456

$3,139 PAB 3,139

-21.75%

Buy Apartment Outside City Center (m2)

$2,323 $2,323

$1,724 PAB 1,724

34.75%

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 Roy, UT: November 1, 2026

Last update for Panama City: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Roy, UT

$1.1K 46.4%

Panama City

$994 50.4% 7% $75

Groceries & Markets

Roy, UT

$346 15%

Panama City

$326 16.5% 6% $21

Monthly Utilities & Internet

Roy, UT

$331 14.3%

Panama City

$209 10.6% 36.9% $122

Eating Out

Roy, UT

$296 12.8%

Panama City

$203 10.3% 31.4% $93

Clothing & Footwear

Roy, UT

$119 5.2%

Panama City

$145 7.4% 21.9% $26

Getting Around

Roy, UT

$83 3.6%

Panama City

$33 1.7% 59.9% $50

Sport & Entertainment

Roy, UT

$61 2.7%

Panama City

$62 3.1% 1.3% $0.8

Cost Breakdown

A central one-bedroom costs $1,302 in Roy, UT 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 $75 in Roy, UT versus $47 in Panama City. Monthly groceries follow the same trend: $346 vs $326 – making Panama City the more affordable choice for daily food spending.

Good to know

🇺🇸 Roy, UT

🇵🇦 Panama City

🕒 Local time

21:20 9:20 PM

23:20 11:20 PM

2 h ahead of Roy, UT

🌤 Weather

👥 Population

39,306

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.891 EUR

1 PAB = 1 USD

1 PAB = 0.891 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 November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

Panamanian Balboa exchange rates as of November 6, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.891 EUR).

PAB to USD in detail →

On the map

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Between locations

Roy, UT Panama City 4,800 km ≈ 6 h nonstop flight

From you

Roy, UT
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

Roy, UT vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Roy, UT is pricier by about 17%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,458 per month in Roy, UT and $2,958 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,302 in Roy, UT and $1,405 in Panama City. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Groceries cost about 6% more in Roy, UT, though the gap depends on what you buy.

A mid-range dinner for two costs $75 in Roy, UT and $47 in Panama City. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

It depends on your priorities. Panama City has an edge in some lifestyle areas, with costs from $1,972 in Panama City to $2,306 in Roy, UT. Climate, culture, job market, and personal taste all factor in.