Last update: Nov 2026

Cost of Living Comparison Between Twin Falls, ID and Panama City

For one person, living is cheaper in Panama City: $1,972 a month against $2,294 in Twin Falls, ID, rent and utilities included – about $3,900 less a year. Rent and utilities account for about half of the difference.

109

Cost of Living Index in Twin Falls, ID
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Twin Falls, ID Living Index
95

Cost of Living Index in Panama City
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Panama City Living Index

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Twin Falls, ID

🇺🇸 United States

$2,294

/mo nomad

Panama City

🇵🇦 Panama

$1,972

/mo nomad

Monthly Cost of Living

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

A single person spends $2,294 per month in Twin Falls, ID vs $1,972 in Panama City, rent included.

Twin Falls, ID $2,294
Panama City $1,972

A couple spends around $3,274 per month in Twin Falls, ID vs $2,930 in Panama City, rent included.

Twin Falls, ID $3,274
Panama City $2,930

A family of three spends $4,253 per month in Twin Falls, ID vs $3,888 in Panama City, rent included.

Twin Falls, ID $4,253
Panama City $3,888

Twin Falls, ID costs about 16% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Twin Falls, ID and Panama City sit above the global median – Twin Falls, ID by 70%, Panama City by 46%.

Meal at Budget Restaurant

$16.77 $16.77

$11.37 PAB 11.37

47.49%

Three-Course Dinner for Two, Mid-Range

$44.73 $44.73

$46.69 PAB 46.69

-4.20%

Fast Food Meal (McDonalds, etc)

$11.83 $11.83

$7.98 PAB 7.98

48.25%

Cappuccino

$6.15 $6.15

$4.12 PAB 4.12

49.27%

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

$2.05 $2.05

$2.01 PAB 2.01

1.99%

Water (0.33 liter bottle)

$1.97 $1.97

$1.57 PAB 1.57

25.48%

Local Beer (0.5 liter draught)

$5.85 $5.85

$3.28 PAB 3.28

78.35%

Imported Beer (0.33 liter bottle)

$6.36 $6.36

$3.88 PAB 3.88

63.92%

Milk (1 liter)

$0.83 $0.83

$1.82 PAB 1.82

-54.40%

White Bread (500g)

$3.76 $3.76

$2.61 PAB 2.61

44.06%

Rice (white) (1kg)

$6.18 $6.18

$3.45 PAB 3.45

79.13%

Eggs

$4.13 $4.13

$2.68 PAB 2.68

54.10%

Local Cheese (1kg)

$11.13 $11.13

$12.42 PAB 12.42

-10.39%

Chicken Fillets (1kg)

$11.11 $11.11

$6.73 PAB 6.73

65.08%

Beef Round Steak (1kg)

$14.84 $14.84

$10.44 PAB 10.44

42.15%

Apples (1kg)

$4.42 $4.42

$4.21 PAB 4.21

4.99%

Banana (1kg)

$1.86 $1.86

$1.95 PAB 1.95

-4.62%

Oranges (1kg)

$3.93 $3.93

$4.07 PAB 4.07

-3.44%

Tomato (1kg)

$4.88 $4.88

$4.02 PAB 4.02

21.39%

Potato (1kg)

$2.77 $2.77

$3.46 PAB 3.46

-19.94%

Onion (1kg)

$2.68 $2.68

$4.42 PAB 4.42

-39.37%

Lettuce (1 head)

$1.84 $1.84

$2.43 PAB 2.43

-24.28%

Water (1.5 liter bottle)

$2.52 $2.52

$1.72 PAB 1.72

46.51%

Cigarettes 20 Pack (Marlboro, Camel)

$8.23 $8.23

$6.04 PAB 6.04

36.26%

Wine (Bottle)

$15.23 $15.23

$11.68 PAB 11.68

30.39%

Local Beer (0.5 liter bottle)

$2.04 $2.04

$1.41 PAB 1.41

44.68%

Imported Beer (0.33 liter bottle)

$3.34 $3.34

$2.74 PAB 2.74

21.90%

One-way Ticket (Public Transport)

$2.04 $2.04

$0.33 PAB 0.33

518.18%

Public Transport Monthly Pass (Regular Price)

$20.65 PAB 20.65

Taxi Start (Normal Tariff)

$2.52 $2.52

$2.45 PAB 2.45

2.86%

Taxi (Normal Tariff) (1km)

$1.47 $1.47

$1.76 PAB 1.76

-16.48%

Taxi 1hour Waiting (Normal Tariff)

$24.36 $24.36

$21.86 PAB 21.86

11.44%

Gasoline (1 liter)

$0.93 $0.93

$1.20 PAB 1.20

-22.50%

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

$34.3K $34.3K

$24.6K PAB 24.6K

39.61%

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

$25.9K $25.9K

$20.9K PAB 20.9K

23.96%

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

$172 $172

$132 PAB 132

30.85%

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

$57.1 $57.1

$27.89 PAB 27.89

104.77%

Internet (50+ Mbps, Unlimited Data)

$66.1 $66.1

$49.10 PAB 49.10

34.64%

Gym Membership (Monthly)

$34.51 $34.51

$44.53 PAB 44.53

-22.50%

Tennis Court (1 Hour on Weekend)

$34.01 PAB 34.01

Cinema Ticket

$12.31 $12.31

$8.70 PAB 8.70

41.49%

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

$1,088 $1,088

$537 PAB 537

102.62%

International Primary School, 1 Child (Yearly)

$19.5K $19.5K

$20.5K PAB 20.5K

-4.75%

Jeans (Levis 501 Or Similar)

$46.35 $46.35

$65.8 PAB 65.8

-29.56%

Summer Dress (H&M, Zara, etc)

$40.41 $40.41

$48.45 PAB 48.45

-16.59%

Sport Shoes (Adidas, Nike)

$88.8 $88.8

$95.4 PAB 95.4

-6.90%

Men's Leather Business Shoes

$109 $109

$114 PAB 114

-4.01%

1-bedroom Apartment, City Center (Monthly)

$1,382 $1,382

$1,405 PAB 1,405

-1.61%

1-bedroom Apartment, Outside City Center (Monthly)

$1,099 $1,099

$994 PAB 994

10.57%

3-bedroom Apartment, City Center (Monthly)

$2,001 $2,001

$2,221 PAB 2,221

-9.89%

3-bedroom Apartment, Outside City Center (Monthly)

$1,739 $1,739

$1,714 PAB 1,714

1.51%

Buy Apartment in City Center (m2)

$2,708 $2,708

$3,139 PAB 3,139

-13.73%

Buy Apartment Outside City Center (m2)

$2,627 $2,627

$1,724 PAB 1,724

52.43%

Average Monthly Net Salary (After Tax)

$2,376 $2,376

$936 PAB 936

153.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.52

6.39

2.03%

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

Last update for Twin Falls, ID: 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

Twin Falls, ID

$1.1K 47.9%

Panama City

$994 50.4% 9.6% $105

Groceries & Markets

Twin Falls, ID

$393 17.1%

Panama City

$326 16.5% 17% $67

Eating Out

Twin Falls, ID

$302 13.1%

Panama City

$203 10.3% 32.7% $99

Monthly Utilities & Internet

Twin Falls, ID

$296 12.9%

Panama City

$209 10.6% 29.4% $87

Clothing & Footwear

Twin Falls, ID

$128 5.6%

Panama City

$145 7.4% 13.6% $17

Sport & Entertainment

Twin Falls, ID

$59 2.6%

Panama City

$62 3.1% 4.7% $2.8

Getting Around

Twin Falls, ID

$18 * 0.8%

Panama City

$33 1.7% 84.2% $15

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

Cost Breakdown

A central one-bedroom costs $1,382 in Twin Falls, ID 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.

Salaries in Twin Falls, ID are about 2.5 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $45 in Twin Falls, ID versus $47 in Panama City. Groceries tell a different story – $393 in Twin Falls, ID vs $326 in Panama City – so Panama City wins on supermarket bills even if dining out costs more.

Good to know

🇺🇸 Twin Falls, ID

🇵🇦 Panama City

🕒 Local time

15:15 3:15 PM

17:15 5:15 PM

2 h ahead of Twin Falls, ID

🌤 Weather

👥 Population

49,764

1,086,990 Capital

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.895 EUR

1 PAB = 1 USD

1 PAB = 0.895 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 = 0.895 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 = 0.895 EUR).

PAB to USD in detail →

On the map

Lowest

Highest

Between locations

Twin Falls, ID Panama City 5,050 km ≈ 7 h nonstop flight

From you

Twin Falls, ID
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

Twin Falls, ID vs Panama City: Cost of Living - Frequently Asked Questions

Yes – Twin Falls, ID is pricier by about 16%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,441 per month in Twin Falls, ID 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 $1,382 in Twin Falls, ID and $1,405 in Panama City. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

Monthly expenses with rent come to $2,294 in Twin Falls, ID and $1,972 in Panama City. That makes Panama City about 14% cheaper.

Kindergarten costs $1,088 per month in Twin Falls, ID and $537 in Panama City. For families with young kids, this one expense can tip the scales when choosing 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 $2,294 in Twin Falls, ID. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Panama City. If higher salaries or specific career opportunities are the priority, Twin Falls, ID makes more sense. Both are solid long-term options with distinct trade-offs.