Cost of living in Panama City (Panama) is 52% more expensive than in Ibarra (Ecuador)

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WARNING!  This comparison is based on only a few data points. At this point it is only a guess. It is based on 432 prices entered by 38 different people.

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TOTAL + 52%
warning WARNING!  This comparison is based on only a few data points. At this point it is only a guess. It is based on 432 prices entered by 38 different people.
These prices were last updated on July 14, 2025. Exchange rate: 1.000 USD / PAB
For example, you would need at least $2,280 (2,280 B/.) in Panama City to maintain the same standard of living that you can have with $1,500 in Ibarra.

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Furnished studio in EXPENSIVE area

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