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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Tanzania
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Vietnam
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Western Sahara
Yemen
Zambia
Zimbabwe
TorontoTable of contents
Grocery
Canada vs. Panama - grocery purchase prices. You would pay on average 1.49 times more for grocery shopping in Canada than in Panama.
Apples (1kg)
One kilogram of apples costs 3.59 USD in Canada and 3.04 USD in Panama. The price of this product is 15.3% lower in Panama.
Banana (1kg)
1 kilogram of bananas costs 1.23 USD in Canada and 1.27 USD in Panama. The price of this product is 3.1% lower in Canada.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 13.56 USD in Canada and 8.12 USD in Panama. The price of this product is 40.1% lower in Panama.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 12.08 USD in Canada and 9 USD in Panama. The price of this product is 25.5% lower in Panama.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 11.79 USD in Canada and 6.78 USD in Panama. The price of this product is 42.5% lower in Panama.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 12.76 USD in Canada and 5.78 USD in Panama. The price of this product is 54.7% lower in Panama.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 2.29 USD in Canada and 1.14 USD in Panama. The price of this product is 50.2% lower in Panama.
Eggs (regular) (12)
You will pay 3.22 USD for 12 eggs in Canada and 2.14 USD in Panama. The price of this product is 33.5% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 2.72 USD in Canada and 1.76 USD in Panama. The price of this product is 35.3% lower in Panama.
Johnnie Walker Red Label Whisky 0.7 Litre
A 0.7 liter bottle of Johnnie Walker Red Label whiskey costs 28.14 USD in Canada and 22.54 USD in Panama. The price of this product is 19.9% lower in Panama.
Lettuce (1 head)
One head of lettuce costs 2.45 USD in Canada and 1.9 USD in Panama. The price of this product is 22.4% lower in Panama.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 2.51 USD in Canada and 2.19 USD in Panama. The price of this product is 12.7% lower in Panama.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 11.52 USD in Canada and 9.73 USD in Panama. The price of this product is 15.5% lower in Panama.
Milk (regular), (1 liter)
One liter of milk costs 2.67 USD in Canada and 1.61 USD in Panama. The price of this product is 39.7% lower in Panama.
Onion (1kg)
One kilogram of onions costs 2.64 USD in Canada and 1.95 USD in Panama. The price of this product is 26.1% lower in Panama.
Oranges (1kg)
One kilogram of oranges costs 3.31 USD in Canada and 2.6 USD in Panama. The price of this product is 21.5% lower in Panama.
Potato (1kg)
One kilogram of potatoes costs 2.64 USD in Canada and 1.95 USD in Panama. The price of this product is 26.1% lower in Panama.
Rice (white), (1kg)
One kilogram of white rice costs 3.02 USD in Canada and 1.81 USD in Panama. The price of this product is 40.1% lower in Panama.
Smirnoff Red Label Vodka 0.7 Litre
A 0.7 liter bottle of Smirnoff Red Label vodka costs 20.66 USD in Canada and 9.82 USD in Panama. The price of this product is 52.5% lower in Panama.
Tomato (1kg)
One kilogram of tomatoes costs 3.73 USD in Canada and 2.93 USD in Panama. The price of this product is 21.4% lower in Panama.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 1.66 USD in Canada and 1.5 USD in Panama. The price of this product is 9.6% lower in Panama.
Restaurant
Canada vs. Panama - expenses on meals in restaurants. You would pay 1.77 times more for meals in restaurants in Canada than in Panama.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 3.62 USD in Canada and 3.29 USD in Panama. The price of this product is 9.1% lower in Panama.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 1.98 USD in Canada and 1.52 USD in Panama. The price of this product is 23.2% lower in Panama.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 5.92 USD in Canada and 2 USD in Panama. The price of this product is 66.2% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 6.66 USD in Canada and 3.5 USD in Panama. The price of this product is 47.4% lower in Panama.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 9.61 USD in Canada and 7 USD in Panama. The price of this product is 27.2% 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 88.73 USD in Canada and 50 USD in Panama. The price of this product is 43.6% lower in Panama.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 17.01 USD in Canada and 8 USD in Panama. The price of this product is 53% lower in Panama.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 1.58 USD in Canada and 1.19 USD in Panama. The price of this product is 24.7% lower in Panama.
Fuel
Canada vs. Panama - expenses related to fuel. You would pay 1.31 times more for fuel in Canada than in Panama.
Diesel 1L
A liter of diesel costs 1.25 USD in Canada and 0.91 USD in Panama. The price of this product is 27.2% lower in Panama.
Gasoline 1L
A liter of gasoline costs 1.23 USD in Canada and 0.98 USD in Panama. The price of this product is 20.3% lower in Panama.
LPG 1L
Transportation
Canada vs. Panama - costs of transportation and public communication. You would pay 2.67 times more for transportation in Canada than in Panama.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 115.35 USD in Canada and 30 USD in Panama. The price of this product is 74% lower in Panama.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 2.4 USD in Canada and 0.35 USD in Panama. The price of this product is 85.4% lower in Panama.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 22.92 USD in Canada and 20 USD in Panama. The price of this product is 12.7% lower in Panama.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 1.29 USD in Canada and 2 USD in Panama. The price of this product is 35.5% lower in Canada.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 3.31 USD in Canada and 2 USD in Panama. The price of this product is 39.6% 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 11.09 USD in Canada and 6 USD in Panama. The price of this product is 45.9% lower in Panama.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 46.44 USD in Canada and 46.09 USD in Panama. The price of this product is 0.8% lower in Panama.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 17.58 USD in Canada and 27.31 USD in Panama. The price of this product is 35.6% lower in Canada.
Flats for rent
Canada vs. Panama - costs of renting an apartment. You would pay about 2.42 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 1796 USD in Canada and 777.64 USD in Panama. The price of this product is 56.7% 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 1509 USD in Canada and 458.86 USD in Panama. The price of this product is 69.6% 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 2872 USD in Canada and 1457 USD in Panama. The price of this product is 49.3% 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 2338 USD in Canada and 830.76 USD in Panama. The price of this product is 64.5% lower in Panama.
Flats for sale
Canada vs. Panama - costs of purchasing an apartment. You would pay 5.18 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 9434 USD in Canada and 2039 USD in Panama. The price of this product is 78.4% 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 7399 USD in Canada and 1211 USD in Panama. The price of this product is 83.6% lower in Panama.
Salary
Canada vs. Panama - average salary. The average salary in Canada is 4.13 times higher than in Panama.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 3126 USD in Canada and 757.34 USD in Panama. The average salary is 75.8% 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 Sep 2024 (1 night stay for 2 people on 29 Sep 2024) • Canada: 20 cities, 1042 hotels • Panama: 7 cities, 146 hotels