Cost of living comparison
Canada is 54.1% more expensive than Panama overall.
- Restaurants
-
pay 47.1% more in Canada
- Groceries
-
pay 18.6% more in Canada
- Transportation
-
pay 50.6% more in Canada
- Housing
-
pay 63.5% more in Canada
- Childcare
-
pay 2.1 times more in Canada
- Entertainment and Sports
-
pay 78.6% more in Canada
- Clothing
-
pay 8.0% more in Canada
The cost of childcare, entertainment and sports, housing, transportation, restaurants, and groceries in Canada are more expensive than in Panama. Notably, childcare and entertainment and sports are significantly more expensive in Canada.
If you lived in Canada instead of Panama, you would:
pay 47.1% more for restaurants
|
Panama
|
Canada
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$16.37
CA$22.70
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$10.01
CA$13.88
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$2.00
CA$2.77
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.62
CA$2.24
|
|
pay 18.6% more for groceries
|
Panama
|
Canada
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.48
CA$3.44
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$5.30
CA$7.35
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$8.04
CA$11.14
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.39
CA$4.70
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$5.12
CA$7.10
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.79
CA$2.48
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.64
CA$0.88
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.60
CA$2.21
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.74
CA$2.41
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.16
CA$1.60
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$1.14
CA$1.58
|
|
pay 50.6% more for transportation
|
Panama
|
Canada
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$4.35
CA$6.03
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$65.88
CA$91.33
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$24,555.94
CA$34,043.13
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$16.33
CA$22.64
|
|
pay 63.5% more for housing
|
Panama
|
Canada
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$60.95
CA$84.50
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$1,220.42
CA$1,691.92
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$1,114.36
CA$1,544.89
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$115.39
CA$159.97
|
|
pay 2.1 times more for childcare
|
Panama
|
Canada
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$729.99
CA$1,012.02
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$12,017.58
CA$16,660.57
|
|
pay 78.6% more for entertainment and sports
|
Panama
|
Canada
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$5.20
CA$7.21
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$3.58
CA$4.96
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$12.91
CA$17.90
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$42.97
CA$59.57
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$10.95
CA$15.18
|
|
pay 8.0% more for clothing
|
Panama
|
Canada
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$53.89
CA$74.71
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$39.01
CA$54.09
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$84.94
CA$117.75
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$102.12
CA$141.57
|
|
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