Vancouver vs Panama City

Cost of living comparison for 2026. Panama City is roughly 41% more affordable than Vancouver (index 31 vs 53, New York = 100). Data sourced live via AI — updated regularly.

Panama City
More affordable overall
41% cheaper than Vancouver · Cost index: 31 vs 53

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

53Cost Index31✓
3,445✓Median Income /mo1,300
65✓Safety Index60
19.6Income Tax %15✓
137✓Internet (Mbps)75
200Coworking /mo200

Price Breakdown

VancouverCategoryPanama City
$2,495/month
1-BR Apartment (Center)
47% ← cheaper
$1,320/month
$1.6/liter
Meal for One
38% ← cheaper
$1/liter
$18/meal
Restaurant (Mid-range)
33% ← cheaper
$12/meal
$82/month
Monthly Transit Pass
74% ← cheaper
$21/month
$91/month
Utilities (Monthly)
27% cheaper →
$124/month
$120/visit
Doctor Visit
67% ← cheaper
$40/visit

Digital Nomad Profile

Vancouver

Internet137 Mbps
Coworking$200/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability75/100

Panama City

Internet75 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability55/100

Frequently Asked Questions

Is Vancouver cheaper than Panama City?

Panama City is cheaper than Vancouver. Panama City has a cost of living index of 31/100 compared to 53/100 for Vancouver (New York = 100), making it roughly 41% more affordable overall.

How much cheaper is Panama City than Vancouver?

Panama City is approximately 41% cheaper than Vancouver based on cost index scores (31 vs 53, where New York = 100). A person spending $3,000/month in Vancouver could live a similar lifestyle for roughly $1,755/month in Panama City.

What is the rent comparison between Vancouver and Panama City?

In Vancouver, a 1-bedroom apartment in the city center costs approximately $2,495/month. In Panama City, the equivalent is around $1,320/month.

Which city is better for digital nomads — Vancouver or Panama City?

Both cities have nomad infrastructure. Vancouver offers 137 Mbps internet and coworking at ~$200/month. Panama City offers 75 Mbps and coworking at ~$200/month. Panama City has a cost advantage of 41%.

What is the average income in Vancouver vs Panama City?

The median net monthly salary in Vancouver is approximately $3,445 USD, compared to $1,300 USD in Panama City.

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