Montreal vs Panama City: cost of living for digital nomads

Montreal, Canada and Panama City, Panama, line by line from the catalogue: what a month costs, rent, food, coworking, safety and internet. Every figure links back to its source on the city page.

The short version

  • Panama City is about 28% cheaper than Montreal for a month of nomad living ($1,800 vs $2,500).
  • Rent is the biggest gap: $850 in Panama City against $1,200 in Montreal.
  • Both score 7/10 on safety.
  • Internet is faster in Montreal: 250 Mbps typical against 100 Mbps.
  • Montreal is continental; Panama City is tropical.

Montreal wins 1 of the measured lines; Panama City wins 5.

LineMontrealPanama City
Monthly total (USD)$2,500$1,800
Rent$1,200$850
Food$560$460
Transport$80$50
Coworking$170$140
Safety (out of 10)7/107/10
Internet (Mbps)250100
Climatecontinentaltropical
City sizemetrometro
Settinginlandcoast
Nomad score (out of 10)8/108/10

Panama City

Panama City, Panama.

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Costs are typical monthly figures for one person in USD, from the sources named on each city page; safety and internet are the catalogue's own ratings. Check the city pages for the dates each was last verified.