Cost of Living Comparison Between Vancouver and Panama City 
| Indices Difference |  |
|---|---|
| Consumer Prices in Panama City are 33.3% lower than in Vancouver (without rent) | |
| Consumer Prices Including Rent in Panama City are 41.6% lower than in Vancouver | |
| Rent Prices in Panama City are 54.2% lower than in Vancouver | |
| Restaurant Prices in Panama City are 30.8% lower than in Vancouver | |
| Groceries Prices in Panama City are 39.2% lower than in Vancouver | |
| Local Purchasing Power in Panama City is 53.1% lower than in Vancouver | |
Restaurants | Vancouver Edit |
Panama City Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (18.14 $) |
16.19 C$ (11.75 $) |
-35.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (87.08 $) |
82.68 C$ (60.00 $) |
-31.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
14.89 C$ (10.81 $) |
11.37 C$ (8.25 $) |
-23.6 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.81 $) |
4.13 C$ (3.00 $) |
-48.3 % |
| Imported Beer (12 oz small bottle) |
9.00 C$ (6.53 $) |
5.51 C$ (4.00 $) |
-38.8 % |
| Cappuccino (regular) |
5.43 C$ (3.94 $) |
5.12 C$ (3.72 $) |
-5.7 % |
| Coke/Pepsi (12 oz small bottle) |
2.91 C$ (2.11 $) |
2.49 C$ (1.81 $) |
-14.6 % |
| Water (12 oz small bottle) |
2.62 C$ (1.90 $) |
1.84 C$ (1.33 $) |
-29.8 % |
Markets | Vancouver Edit |
Panama City Edit | |
| Milk (regular), (1 gallon) |
11.58 C$ (8.40 $) |
9.07 C$ (6.58 $) |
-21.6 % |
| Loaf of Fresh White Bread (1 lb) |
3.81 C$ (2.76 $) |
3.04 C$ (2.21 $) |
-20.1 % |
| Rice (white), (1 lb) |
2.80 C$ (2.03 $) |
1.28 C$ (0.93 $) |
-54.4 % |
| Eggs (regular) (12) |
5.91 C$ (4.29 $) |
3.47 C$ (2.52 $) |
-41.3 % |
| Local Cheese (1 lb) |
9.25 C$ (6.71 $) |
6.80 C$ (4.93 $) |
-26.5 % |
| Chicken Fillets (1 lb) |
9.53 C$ (6.92 $) |
4.67 C$ (3.39 $) |
-51.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
11.16 C$ (8.10 $) |
5.60 C$ (4.06 $) |
-49.8 % |
| Apples (1 lb) |
2.91 C$ (2.11 $) |
1.88 C$ (1.36 $) |
-35.5 % |
| Banana (1 lb) |
0.83 C$ (0.60 $) |
0.89 C$ (0.65 $) |
+7.5 % |
| Oranges (1 lb) |
2.39 C$ (1.73 $) |
1.78 C$ (1.30 $) |
-25.3 % |
| Tomato (1 lb) |
2.98 C$ (2.16 $) |
1.97 C$ (1.43 $) |
-33.9 % |
| Potato (1 lb) |
2.05 C$ (1.49 $) |
1.30 C$ (0.94 $) |
-36.7 % |
| Onion (1 lb) |
1.77 C$ (1.29 $) |
1.32 C$ (0.96 $) |
-25.7 % |
| Lettuce (1 head) |
3.59 C$ (2.61 $) |
3.00 C$ (2.18 $) |
-16.4 % |
| Water (1.5 liter bottle) |
2.62 C$ (1.90 $) |
1.99 C$ (1.44 $) |
-24.3 % |
| Bottle of Wine (Mid-Range) |
20.00 C$ (14.51 $) |
11.71 C$ (8.50 $) |
-41.4 % |
| Domestic Beer (0.5 liter bottle) |
4.63 C$ (3.36 $) |
1.69 C$ (1.23 $) |
-63.4 % |
| Imported Beer (12 oz small bottle) |
4.76 C$ (3.45 $) |
2.66 C$ (1.93 $) |
-44.1 % |
| Cigarettes 20 Pack (Marlboro) |
20.15 C$ (14.62 $) |
8.27 C$ (6.00 $) |
-59.0 % |
Transportation | Vancouver Edit |
Panama City Edit | |
| One-way Ticket (Local Transport) |
3.15 C$ (2.29 $) |
0.48 C$ (0.35 $) |
-84.7 % |
| Monthly Pass (Regular Price) |
140.00 C$ (101.60 $) |
34.45 C$ (25.00 $) |
-75.4 % |
| Taxi Start (Normal Tariff) |
3.88 C$ (2.81 $) |
3.10 C$ (2.25 $) |
-20.0 % |
| Taxi 1 mile (Normal Tariff) |
3.64 C$ (2.64 $) |
3.33 C$ (2.41 $) |
-8.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
36.29 C$ (26.33 $) |
27.56 C$ (20.00 $) |
-24.1 % |
| Gasoline (1 gallon) |
7.47 C$ (5.42 $) |
5.12 C$ (3.71 $) |
-31.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,978.00 C$ (24,657.12 $) |
30,660.94 C$ (22,250.00 $) |
-9.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,345.04 C$ (20,569.40 $) |
28,241.75 C$ (20,494.44 $) |
-0.4 % |
Utilities (Monthly) | Vancouver Edit |
Panama City Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
158.51 C$ (115.03 $) |
156.81 C$ (113.79 $) |
-1.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
67.05 C$ (48.66 $) |
40.42 C$ (29.33 $) |
-39.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
81.17 C$ (58.90 $) |
70.40 C$ (51.09 $) |
-13.3 % |
Sports And Leisure | Vancouver Edit |
Panama City Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
59.17 C$ (42.94 $) |
57.19 C$ (41.50 $) |
-3.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
18.08 C$ (13.12 $) |
34.45 C$ (25.00 $) |
+90.6 % |
| Cinema, International Release, 1 Seat |
18.00 C$ (13.06 $) |
9.65 C$ (7.00 $) |
-46.4 % |
Childcare | Vancouver Edit |
Panama City Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,522.50 C$ (1,104.85 $) |
562.40 C$ (408.12 $) |
-63.1 % |
| International Primary School, Yearly for 1 Child |
20,100.00 C$ (14,586.15 $) |
13,333.38 C$ (9,675.75 $) |
-33.7 % |
Clothing And Shoes | Vancouver Edit |
Panama City Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
87.32 C$ (63.37 $) |
74.33 C$ (53.94 $) |
-14.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
62.41 C$ (45.29 $) |
56.20 C$ (40.79 $) |
-9.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
136.37 C$ (98.96 $) |
113.80 C$ (82.58 $) |
-16.6 % |
| 1 Pair of Men Leather Business Shoes |
174.85 C$ (126.88 $) |
127.96 C$ (92.86 $) |
-26.8 % |
Rent Per Month | Vancouver Edit |
Panama City Edit | |
| Apartment (1 bedroom) in City Centre |
2,804.31 C$ (2,035.03 $) |
1,293.04 C$ (938.33 $) |
-53.9 % |
| Apartment (1 bedroom) Outside of Centre |
2,326.98 C$ (1,688.64 $) |
846.76 C$ (614.47 $) |
-63.6 % |
| Apartment (3 bedrooms) in City Centre |
5,109.26 C$ (3,707.68 $) |
2,692.44 C$ (1,953.85 $) |
-47.3 % |
| Apartment (3 bedrooms) Outside of Centre |
3,880.38 C$ (2,815.91 $) |
1,630.66 C$ (1,183.33 $) |
-58.0 % |
Buy Apartment Price | Vancouver Edit |
Panama City Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,455.23 C$ (1,056.03 $) |
315.02 C$ (228.61 $) |
-78.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
961.76 C$ (697.93 $) |
186.55 C$ (135.37 $) |
-80.6 % |
Salaries And Financing | Vancouver Edit |
Panama City Edit | |
| Average Monthly Net Salary (After Tax) |
4,335.96 C$ (3,146.52 $) |
1,187.64 C$ (861.84 $) |
-72.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.58 | 6.07 | -7.7 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 557 | 86 |
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