Last update: Oct 2026

Cost of Living Comparison Between Vancouver, WA and Panama City

For one person, living is cheaper in Panama City: $1,837 a month against $2,884 in Vancouver, WA, rent and utilities included – about $12,600 less a year. Rent and utilities account for most of the difference.

Vancouver, WA
🇺🇸 United States
$2,884
/mo nomad
Panama City
🇵🇦 Panama
$1,837
/mo nomad
Monthly Cost of Living

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

A single person spends $2,884 per month in Vancouver, WA vs $1,837 in Panama City, rent included.

  • Vancouver, WA $2,884
  • Panama City $1,837

A couple spends around $4,051 per month in Vancouver, WA vs $2,825 in Panama City, rent included.

  • Vancouver, WA $4,051
  • Panama City $2,825

A family of three spends $5,218 per month in Vancouver, WA vs $3,812 in Panama City, rent included.

  • Vancouver, WA $5,218
  • Panama City $3,812

Vancouver, WA costs about 57% more than Panama City, and outside of rent the biggest gap is in eating out.

Both Vancouver, WA and Panama City sit above the global median – Vancouver, WA by 115%, Panama City by 37%.

Currency
🍽 Eating Out
Vancouver, WA
Panama City
Difference
Meal at Budget Restaurant
$22.06 $22.06
$11.34 PAB 11.34
94.53%
Three-Course Dinner for Two, Mid-Range
$94.9 $94.9
$47.85 PAB 47.85
98.41%
Fast Food Meal (McDonalds, etc)
$13.16 $13.16
$8.07 PAB 8.07
63.07%
Cappuccino
$6.14 $6.14
$4.02 PAB 4.02
52.74%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.97 $2.97
$1.94 PAB 1.94
53.09%
Water (0.33 liter bottle)
$1.95 $1.95
$1.62 PAB 1.62
20.37%
Local Beer (0.5 liter draught)
$6.31 $6.31
$3.26 PAB 3.26
93.56%
Imported Beer (0.33 liter bottle)
$7.88 $7.88
$3.99 PAB 3.99
97.49%
🛒 Groceries & Markets
Vancouver, WA
Panama City
Difference
Milk (1 liter)
$1.07 $1.07
$1.83 PAB 1.83
-41.53%
White Bread (500g)
$4.11 $4.11
$2.57 PAB 2.57
59.92%
Rice (white) (1kg)
$4.36 $4.36
$3.33 PAB 3.33
30.93%
Eggs
$4.41 $4.41
$2.69 PAB 2.69
63.94%
Local Cheese (1kg)
$11.83 $11.83
$12.33 PAB 12.33
-4.06%
Chicken Fillets (1kg)
$10.23 $10.23
$6.69 PAB 6.69
52.91%
Beef Round Steak (1kg)
$16.76 $16.76
$10.40 PAB 10.40
61.15%
Apples (1kg)
$4.35 $4.35
$4.16 PAB 4.16
4.57%
Banana (1kg)
$1.42 $1.42
$1.84 PAB 1.84
-22.83%
Oranges (1kg)
$2.78 $2.78
$4.18 PAB 4.18
-33.49%
Tomato (1kg)
$2.58 $2.58
$4.08 PAB 4.08
-36.76%
Potato (1kg)
$2.12 $2.12
$3.50 PAB 3.50
-39.43%
Onion (1kg)
$1.85 $1.85
$4.37 PAB 4.37
-57.67%
Lettuce (1 head)
$2.06 $2.06
$2.34 PAB 2.34
-11.97%
Water (1.5 liter bottle)
$1.70 $1.70
$1.75 PAB 1.75
-2.86%
Cigarettes 20 Pack (Marlboro, Camel)
$12.22 $12.22
$6.06 PAB 6.06
101.65%
Wine (Bottle)
$10.79 $10.79
$11.72 PAB 11.72
-7.94%
Local Beer (0.5 liter bottle)
$2.19 $2.19
$1.37 PAB 1.37
59.85%
Imported Beer (0.33 liter bottle)
$4.36 $4.36
$2.84 PAB 2.84
53.52%
🚌 Getting Around
Vancouver, WA
Panama City
Difference
One-way Ticket (Public Transport)
$2.46 $2.46
$0.36 PAB 0.36
583.33%
Public Transport Monthly Pass (Regular Price)
$89.5 $89.5
$20.96 PAB 20.96
326.81%
Taxi Start (Normal Tariff)
$4.43 $4.43
$2.52 PAB 2.52
75.79%
Taxi (Normal Tariff) (1km)
$0.72 $0.72
$1.79 PAB 1.79
-59.78%
Taxi 1hour Waiting (Normal Tariff)
$23.64 $23.64
$22.01 PAB 22.01
7.41%
Gasoline (1 liter)
$1.43 $1.43
$1.25 PAB 1.25
14.40%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$36.8K $36.8K
$21.5K PAB 21.5K
70.89%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.8K $25.8K
$21.2K PAB 21.2K
21.67%
🧾 Monthly Utilities & Internet
Vancouver, WA
Panama City
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$198 $198
$131 PAB 131
51.07%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$71.5 $71.5
$27.68 PAB 27.68
158.24%
Internet (50+ Mbps, Unlimited Data)
$62.9 $62.9
$48.59 PAB 48.59
29.47%
🎉 Sport & Entertainment
Vancouver, WA
Panama City
Difference
Gym Membership (Monthly)
$40.95 $40.95
$46.11 PAB 46.11
-11.19%
Tennis Court (1 Hour on Weekend)
$25.80 $25.80
$35.01 PAB 35.01
-26.31%
Cinema Ticket
$14.97 $14.97
$8.73 PAB 8.73
71.48%
🧸 Childcare & Education
Vancouver, WA
Panama City
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,366 $1,366
$551 PAB 551
148.14%
International Primary School, 1 Child (Yearly)
$12.9K $12.9K
$9,560 PAB 9,560
35.06%
👕👟 Clothing & Footwear
Vancouver, WA
Panama City
Difference
Jeans (Levis 501 Or Similar)
$41.10 $41.10
$67.6 PAB 67.6
-39.21%
Summer Dress (H&M, Zara, etc)
$30.27 $30.27
$48.03 PAB 48.03
-36.98%
Sport Shoes (Adidas, Nike)
$84.1 $84.1
$94.9 PAB 94.9
-11.42%
Men's Leather Business Shoes
$83.5 $83.5
$113 PAB 113
-26.09%
🏠 Accommodation & Living
Vancouver, WA
Panama City
Difference
1-bedroom Apartment, City Center (Monthly)
$1,865 $1,865
$1,238 PAB 1,238
50.71%
1-bedroom Apartment, Outside City Center (Monthly)
$1,522 $1,522
$873 PAB 873
74.34%
3-bedroom Apartment, City Center (Monthly)
$2,376 $2,376
$2,197 PAB 2,197
8.16%
3-bedroom Apartment, Outside City Center (Monthly)
$2,052 $2,052
$1,538 PAB 1,538
33.37%
Buy Apartment in City Center (m2)
$3,341 $3,341
$3,116 PAB 3,116
7.24%
Buy Apartment Outside City Center (m2)
$3,359 $3,359
$1,725 PAB 1,725
94.75%
💵 Salaries & Financials
Vancouver, WA
Panama City
Difference
Average Monthly Net Salary (After Tax)
$4,377 $4,377
$934 PAB 934
368.47%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.69
6.39
4.69%

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

Last update for Vancouver, WA: 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
Vancouver, WA
$1.5K
Panama City
$873 42.6% $649
Groceries & Markets
Vancouver, WA
$358
Panama City
$324 9.4% $34
Eating Out
Vancouver, WA
$357
Panama City
$202 43.5% $155
Monthly Utilities & Internet
Vancouver, WA
$333
Panama City
$207 37.6% $125
Clothing & Footwear
Vancouver, WA
$108
Panama City
$146 35.4% $38
Getting Around
Vancouver, WA
$107
Panama City
$34 68.4% $73
Sport & Entertainment
Vancouver, WA
$71
Panama City
$64 10.3% $7.3

Cost Breakdown

A central one-bedroom costs $1,865 in Vancouver, WA 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.

Salaries run about 368% higher in Vancouver, WA, 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 $95.0 in Vancouver, WA versus $48.00 in Panama City. Monthly groceries follow the same trend: $358 vs $324 – making Panama City the more affordable choice for daily food spending.

Good to know
🇺🇸 Vancouver, WA
🇵🇦 Panama City
🕒 Local time
19:59 7:59 PM
21:59 9:59 PM
2 h ahead of Vancouver, WA
🌤 Weather
👥 Population
190,915
1,086,990 Capital
Exchange rates and currency converter

PAB, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 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).

On the map
Between locations
  • Vancouver, WA Panama City 5,780 km ≈ 8 h nonstop flight
From you
  • Vancouver, WA
  • 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
Vancouver, WA vs Panama City: Cost of Living - Frequently Asked Questions
Is Panama City cheaper than Vancouver, WA?
Yes – Vancouver, WA is pricier by about 57%, 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 $4,326 per month in Vancouver, WA and $2,756 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 Panama City, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
How do food prices compare in Vancouver, WA and in Panama City?
Groceries cost about 10% more in Vancouver, WA, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is eating out cheaper in Vancouver, WA or in Panama City?
A mid-range dinner for two costs $95.0 in Vancouver, WA and $48.00 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 Vancouver, WA or in Panama City?
A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,837, than in Vancouver, WA at $2,884. In Panama City it covers expenses comfortably, while in Vancouver, WA it requires careful planning or may not stretch far enough.
Is Vancouver, WA or Panama City more family-friendly?
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.
Which city is safer, Vancouver, WA or Panama City?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Which city is the better choice to relocate to?
If budget matters most, go with Panama City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Vancouver, WA makes more sense. Both are solid long-term options with distinct trade-offs.

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