Last update: Oct 2026

Cost of Living Comparison Between Saint Andrews and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $2,255 in Saint Andrews, rent and utilities included – about $5,000 less a year. Rent and utilities account for most of the difference.

109

Cost of Living Index in Saint Andrews
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Saint Andrews Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Saint Andrews

🇨🇦 Canada

$2,255

/mo nomad

Panama City

🇵🇦 Panama

$1,837

/mo nomad

Monthly Cost of Living

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

A single person spends $2,255 per month in Saint Andrews vs $1,837 in Panama City, rent included.

Saint Andrews $2,255
Panama City $1,837

A couple spends around $3,245 per month in Saint Andrews vs $2,825 in Panama City, rent included.

Saint Andrews $3,245
Panama City $2,825

A family of three spends $4,234 per month in Saint Andrews vs $3,812 in Panama City, rent included.

Saint Andrews $4,234
Panama City $3,812

Saint Andrews costs about 23% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Saint Andrews and Panama City sit above the global median – Saint Andrews by 68%, Panama City by 37%.

Meal at Budget Restaurant

$17.75 CA$25.30

$11.34 PAB 11.34

56.53%

Three-Course Dinner for Two, Mid-Range

$63.8 CA$91.0

$47.85 PAB 47.85

33.35%

Fast Food Meal (McDonalds, etc)

$10.59 CA$15.10

$8.07 PAB 8.07

31.23%

Cappuccino

$3.72 CA$5.30

$4.02 PAB 4.02

-7.46%

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

$1.99 CA$2.83

$1.94 PAB 1.94

2.58%

Water (0.33 liter bottle)

$1.58 CA$2.25

$1.62 PAB 1.62

-2.47%

Local Beer (0.5 liter draught)

$5.17 CA$7.38

$3.26 PAB 3.26

58.59%

Imported Beer (0.33 liter bottle)

$5.77 CA$8.22

$3.99 PAB 3.99

44.61%

Milk (1 liter)

$2.04 CA$2.91

$1.83 PAB 1.83

11.48%

White Bread (500g)

$2.46 CA$3.51

$2.57 PAB 2.57

-4.28%

Rice (white) (1kg)

$3.36 CA$4.79

$3.33 PAB 3.33

0.90%

Eggs

$3.47 CA$4.94

$2.69 PAB 2.69

29.00%

Local Cheese (1kg)

$9.72 CA$13.86

$12.33 PAB 12.33

-21.17%

Chicken Fillets (1kg)

$11.12 CA$15.85

$6.69 PAB 6.69

66.22%

Beef Round Steak (1kg)

$14.72 CA$20.98

$10.40 PAB 10.40

41.54%

Apples (1kg)

$3.66 CA$5.22

$4.16 PAB 4.16

-12.02%

Banana (1kg)

$1.36 CA$1.93

$1.84 PAB 1.84

-26.09%

Oranges (1kg)

$3.70 CA$5.28

$4.18 PAB 4.18

-11.48%

Tomato (1kg)

$3.73 CA$5.31

$4.08 PAB 4.08

-8.58%

Potato (1kg)

$2.59 CA$3.70

$3.50 PAB 3.50

-26.00%

Onion (1kg)

$2.25 CA$3.21

$4.37 PAB 4.37

-48.51%

Lettuce (1 head)

$2.53 CA$3.61

$2.34 PAB 2.34

8.12%

Water (1.5 liter bottle)

$1.57 CA$2.24

$1.75 PAB 1.75

-10.29%

Cigarettes 20 Pack (Marlboro, Camel)

$13.96 CA$19.90

$6.06 PAB 6.06

130.36%

Wine (Bottle)

$12.42 CA$17.70

$11.72 PAB 11.72

5.97%

Local Beer (0.5 liter bottle)

$2.73 CA$3.89

$1.37 PAB 1.37

99.27%

Imported Beer (0.33 liter bottle)

$3.13 CA$4.46

$2.84 PAB 2.84

10.21%

One-way Ticket (Public Transport)

$2.31 CA$3.29

$0.36 PAB 0.36

541.67%

Public Transport Monthly Pass (Regular Price)

$63.1 CA$90.0

$20.96 PAB 20.96

201.05%

Taxi Start (Normal Tariff)

$2.82 CA$4.02

$2.52 PAB 2.52

11.90%

Taxi (Normal Tariff) (1km)

$1.49 CA$2.12

$1.79 PAB 1.79

-16.76%

Taxi 1hour Waiting (Normal Tariff)

$23.25 CA$33.14

$22.01 PAB 22.01

5.63%

Gasoline (1 liter)

$1.11 CA$1.59

$1.25 PAB 1.25

-11.20%

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

$28.2K CA$40.1K

$21.5K PAB 21.5K

30.76%

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

$18.9K CA$26.9K

$21.2K PAB 21.2K

-10.79%

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

$138 CA$197

$131 PAB 131

5.21%

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

$38.11 CA$54.3

$27.68 PAB 27.68

37.68%

Internet (50+ Mbps, Unlimited Data)

$55.0 CA$78.4

$48.59 PAB 48.59

13.15%

Gym Membership (Monthly)

$40.69 CA$58.0

$46.11 PAB 46.11

-11.75%

Tennis Court (1 Hour on Weekend)

$18.31 CA$26.10

$35.01 PAB 35.01

-47.70%

Cinema Ticket

$10.95 CA$15.61

$8.73 PAB 8.73

25.43%

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

$724 CA$1,033

$551 PAB 551

31.57%

International Primary School, 1 Child (Yearly)

$13.3K CA$18.9K

$9,560 PAB 9,560

38.98%

Jeans (Levis 501 Or Similar)

$54.2 CA$77.2

$67.6 PAB 67.6

-19.88%

Summer Dress (H&M, Zara, etc)

$37.35 CA$53.2

$48.03 PAB 48.03

-22.24%

Sport Shoes (Adidas, Nike)

$84.5 CA$120

$94.9 PAB 94.9

-10.97%

Men's Leather Business Shoes

$99.9 CA$142

$113 PAB 113

-11.55%

1-bedroom Apartment, City Center (Monthly)

$1,239 CA$1,766

$1,238 PAB 1,238

0.08%

1-bedroom Apartment, Outside City Center (Monthly)

$1,151 CA$1,640

$873 PAB 873

31.79%

3-bedroom Apartment, City Center (Monthly)

$1,984 CA$2,829

$2,197 PAB 2,197

-9.68%

3-bedroom Apartment, Outside City Center (Monthly)

$1,678 CA$2,392

$1,538 PAB 1,538

9.08%

Buy Apartment in City Center (m2)

$4,169 CA$5,942

$3,116 PAB 3,116

33.80%

Buy Apartment Outside City Center (m2)

$3,576 CA$5,097

$1,725 PAB 1,725

107.32%

Average Monthly Net Salary (After Tax)

$934 PAB 934

20-Year Fixed Mortgage Interest Rate (Annual %)

4.64

6.39

-27.39%

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

Last update for Saint Andrews: October 5, 2026

Last update for Panama City: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Saint Andrews

$1.2K 50.7%

Panama City

$873 47.2% 24.1% $278

Groceries & Markets

Saint Andrews

$347 15.3%

Panama City

$324 17.5% 6.6% $23

Eating Out

Saint Andrews

$270 11.9%

Panama City

$202 10.9% 25.3% $68

Monthly Utilities & Internet

Saint Andrews

$231 10.2%

Panama City

$207 11.2% 10.2% $24

Clothing & Footwear

Saint Andrews

$124 5.5%

Panama City

$146 7.9% 17.2% $21

Getting Around

Saint Andrews

$83 3.6%

Panama City

$34 1.8% 59% $49

Sport & Entertainment

Saint Andrews

$63 2.8%

Panama City

$64 3.4% 1.6% $1

Cost Breakdown

A central one-bedroom costs $1,239 in Saint Andrews 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.

A mid-range dinner for two costs $64.0 in Saint Andrews versus $48.00 in Panama City. Monthly groceries follow the same trend: $347 vs $324 – making Panama City the more affordable choice for daily food spending.

Good to know

🇨🇦 Saint Andrews

🇵🇦 Panama City

🕒 Local time

08:48 8:48 AM

06:48 6:48 AM

2 h behind Saint Andrews

🌤 Weather

👥 Population

1,086,990 Capital

💱 Currency

Canadian Dollar CAD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1 PAB = 1 USD

1 PAB = 0.892 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 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

USD to CAD in detail →

On the map

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Between locations

Saint Andrews Panama City 4,190 km ≈ 6 h nonstop flight

From you

Saint Andrews
Panama City

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated March 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Saint Andrews vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Saint Andrews is pricier by about 23%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,383 per month in Saint Andrews 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.

Groceries cost about 7% more in Saint Andrews, 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 $64.0 in Saint Andrews 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 $1,837, than in Saint Andrews at $2,255. In Panama City it covers expenses comfortably, while in Saint Andrews 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, Saint Andrews makes more sense. Both are solid long-term options with distinct trade-offs.