Cost of Living & Prices:
Canada vs. Panama
Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.
Canada
Afghanistan
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Spain
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Eswatini (Swaziland)
Sweden
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Western Sahara
Yemen
Zambia
Zimbabwe
TorontoTable of contents
Grocery
Canada vs. Panama - grocery purchase prices. You would pay on average 1.43 times more for grocery shopping in Canada than in Panama.
Apples (1kg)
One kilogram of apples costs 3.15 EUR (3.4 USD) in Canada and 2.82 EUR (3.04 USD) in Panama. The price of this product is 10.5% lower in Panama.
Banana (1kg)
1 kilogram of bananas costs 1.07 EUR (1.16 USD) in Canada and 1.18 EUR (1.27 USD) in Panama. The price of this product is 9.3% lower in Canada.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 11.87 EUR (12.82 USD) in Canada and 7.52 EUR (8.12 USD) in Panama. The price of this product is 36.6% lower in Panama.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 10.57 EUR (11.41 USD) in Canada and 8.34 EUR (9 USD) in Panama. The price of this product is 21.1% lower in Panama.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 10.32 EUR (11.15 USD) in Canada and 6.28 EUR (6.78 USD) in Panama. The price of this product is 39.1% lower in Panama.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 11.17 EUR (12.05 USD) in Canada and 5.35 EUR (5.78 USD) in Panama. The price of this product is 52.1% lower in Panama.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 2.01 EUR (2.17 USD) in Canada and 1.06 EUR (1.14 USD) in Panama. The price of this product is 47.3% lower in Panama.
Eggs (regular) (12)
You will pay 2.82 EUR (3.04 USD) for 12 eggs in Canada and 1.98 EUR (2.14 USD) in Panama. The price of this product is 29.8% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 2.38 EUR (2.57 USD) in Canada and 1.63 EUR (1.76 USD) in Panama. The price of this product is 31.5% lower in Panama.
Johnnie Walker Red Label Whisky 0.7 Litre
A 0.7 liter bottle of Johnnie Walker Red Label whiskey costs 26.06 EUR (28.14 USD) in Canada and 20.88 EUR (22.54 USD) in Panama. The price of this product is 19.9% lower in Panama.
Lettuce (1 head)
One head of lettuce costs 2.15 EUR (2.32 USD) in Canada and 1.76 EUR (1.9 USD) in Panama. The price of this product is 18.1% lower in Panama.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 2.2 EUR (2.38 USD) in Canada and 2.03 EUR (2.19 USD) in Panama. The price of this product is 7.7% lower in Panama.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 10.08 EUR (10.89 USD) in Canada and 9.01 EUR (9.73 USD) in Panama. The price of this product is 10.6% lower in Panama.
Milk (regular), (1 liter)
One liter of milk costs 2.34 EUR (2.52 USD) in Canada and 1.49 EUR (1.61 USD) in Panama. The price of this product is 36.3% lower in Panama.
Onion (1kg)
One kilogram of onions costs 2.31 EUR (2.49 USD) in Canada and 1.81 EUR (1.95 USD) in Panama. The price of this product is 21.6% lower in Panama.
Oranges (1kg)
One kilogram of oranges costs 2.89 EUR (3.12 USD) in Canada and 2.41 EUR (2.6 USD) in Panama. The price of this product is 16.6% lower in Panama.
Potato (1kg)
One kilogram of potatoes costs 2.31 EUR (2.49 USD) in Canada and 1.81 EUR (1.95 USD) in Panama. The price of this product is 21.6% lower in Panama.
Rice (white), (1kg)
One kilogram of white rice costs 2.65 EUR (2.86 USD) in Canada and 1.68 EUR (1.81 USD) in Panama. The price of this product is 36.6% lower in Panama.
Smirnoff Red Label Vodka 0.7 Litre
A 0.7 liter bottle of Smirnoff Red Label vodka costs 19.14 EUR (20.66 USD) in Canada and 9.1 EUR (9.82 USD) in Panama. The price of this product is 52.5% lower in Panama.
Tomato (1kg)
One kilogram of tomatoes costs 3.26 EUR (3.52 USD) in Canada and 2.71 EUR (2.93 USD) in Panama. The price of this product is 16.9% lower in Panama.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 1.45 EUR (1.57 USD) in Canada and 1.39 EUR (1.5 USD) in Panama. The price of this product is 4.1% lower in Panama.
Restaurant
Canada vs. Panama - expenses on meals in restaurants. You would pay 1.67 times more for meals in restaurants in Canada than in Panama.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 3.17 EUR (3.42 USD) in Canada and 3.05 EUR (3.29 USD) in Panama. The price of this product is 3.8% lower in Panama.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 1.73 EUR (1.87 USD) in Canada and 1.41 EUR (1.52 USD) in Panama. The price of this product is 18.5% lower in Panama.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 5.18 EUR (5.59 USD) in Canada and 1.85 EUR (2 USD) in Panama. The price of this product is 64.3% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 5.83 EUR (6.29 USD) in Canada and 3.24 EUR (3.5 USD) in Panama. The price of this product is 44.4% lower in Panama.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 8.41 EUR (9.08 USD) in Canada and 6.48 EUR (7 USD) in Panama. The price of this product is 22.9% lower in Panama.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 77.67 EUR (83.86 USD) in Canada and 46.31 EUR (50 USD) in Panama. The price of this product is 40.4% lower in Panama.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 14.89 EUR (16.07 USD) in Canada and 7.41 EUR (8 USD) in Panama. The price of this product is 50.2% lower in Panama.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 1.38 EUR (1.49 USD) in Canada and 1.1 EUR (1.19 USD) in Panama. The price of this product is 20.3% lower in Panama.
Fuel
Canada vs. Panama - expenses related to fuel. You would pay 1.39 times more for fuel in Canada than in Panama.
Diesel 1L
A liter of diesel costs 1.1 EUR (1.19 USD) in Canada and 0.76 EUR (0.82 USD) in Panama. The price of this product is 30.9% lower in Panama.
Gasoline 1L
A liter of gasoline costs 1.17 EUR (1.26 USD) in Canada and 0.87 EUR (0.94 USD) in Panama. The price of this product is 25.6% lower in Panama.
LPG 1L
Transportation
Canada vs. Panama - costs of transportation and public communication. You would pay 2.53 times more for transportation in Canada than in Panama.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 100.97 EUR (109.01 USD) in Canada and 27.79 EUR (30 USD) in Panama. The price of this product is 72.5% lower in Panama.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 2.1 EUR (2.27 USD) in Canada and 0.32 EUR (0.35 USD) in Panama. The price of this product is 84.8% lower in Panama.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 20.06 EUR (21.66 USD) in Canada and 18.52 EUR (20 USD) in Panama. The price of this product is 7.7% lower in Panama.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 1.13 EUR (1.22 USD) in Canada and 1.85 EUR (2 USD) in Panama. The price of this product is 38.9% lower in Canada.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 2.89 EUR (3.12 USD) in Canada and 1.85 EUR (2 USD) in Panama. The price of this product is 36% lower in Panama.
Sports & entertainment
Canada vs. Panama - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 9.71 EUR (10.48 USD) in Canada and 5.56 EUR (6 USD) in Panama. The price of this product is 42.7% lower in Panama.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 40.65 EUR (43.88 USD) in Canada and 42.69 EUR (46.09 USD) in Panama. The price of this product is 4.8% lower in Canada.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 15.39 EUR (16.61 USD) in Canada and 25.3 EUR (27.31 USD) in Panama. The price of this product is 39.2% lower in Canada.
Flats for rent
Canada vs. Panama - costs of renting an apartment. You would pay about 2.28 times more for renting an apartment in Canada than in Panama.
Apartment (1 bedroom) in City Centre
For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 1572 EUR (1697.5 USD) in Canada and 720.27 EUR (777.64 USD) in Panama. The price of this product is 54.2% lower in Panama.
Apartment (1 bedroom) Outside of Centre
For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 1320 EUR (1425.66 USD) in Canada and 425.01 EUR (458.86 USD) in Panama. The price of this product is 67.8% lower in Panama.
Apartment (3 bedrooms) in City Centre
For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 2513 EUR (2713.65 USD) in Canada and 1349 EUR (1456.58 USD) in Panama. The price of this product is 46.3% lower in Panama.
Apartment (3 bedrooms) Outside of Centre
For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 2046 EUR (2209.18 USD) in Canada and 769.47 EUR (830.76 USD) in Panama. The price of this product is 62.4% lower in Panama.
Flats for sale
Canada vs. Panama - costs of purchasing an apartment. You would pay 4.9 times more for buying an apartment in Canada than in Panama.
Price per Square Meter to Buy Apartment in City Centre
For one square meter of an apartment in the city center you will pay 8257 EUR (8915.01 USD) in Canada and 1888 EUR (2038.66 USD) in Panama. The price of this product is 77.1% lower in Panama.
Price per Square Meter to Buy Apartment Outside of Centre
For one square meter of an apartment outside the city center, you will pay 6476 EUR (6992.19 USD) in Canada and 1121 EUR (1210.68 USD) in Panama. The price of this product is 82.7% lower in Panama.
Salary
Canada vs. Panama - average salary. The average salary in Canada is 3.9 times higher than in Panama.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 2737 EUR (2954.57 USD) in Canada and 701.47 EUR (757.34 USD) in Panama. The average salary is 74.4% lower in Panama.
Hotels
Canada vs. Panama - prices of accommodation in hostels, guesthouses, and hotels.
One star
Two stars
Three stars
Four stars
Five stars
Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • Canada: 20 cities, 1032 hotels • Panama: 6 cities, 124 hotels