Is Puerto Vallarta more expensive than Panama City?

Puerto Vallarta is 0.0% cheaper than Panama City overall. Rent is 12.1% lower, groceries 9.0% cheaper, and restaurants 21.3% more expensive.

Which city has better purchasing power, Panama City or Puerto Vallarta?

Panama City has a purchasing power index of 44.9 while Puerto Vallarta has 47.9 (NYC = 100). Puerto Vallarta offers better purchasing power.

Panama City vs Puerto Vallarta: Puerto Vallarta is 0.0% cheaper, rent 12% lower (2026)

Category	🇵🇦 Panama City	🇲🇽 Puerto Vallarta	Difference
Cost of Living	37.8	37.8	0.0%
Rent	27.2	23.9	-12.1%
Groceries	59.0	53.7	-9.0%
Restaurants	46.5	56.4	+21.3%
Purchasing Power	44.9	47.9	+6.7%

Data from March – October 2026 · Cost of living: Numbeo, blended with Expatistan and LivingCost where available. Rent, groceries, restaurants and purchasing power: Numbeo (NYC = 100) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇵🇦 Cost of Living in Panama City

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🇲🇽 Cost of Living in Puerto Vallarta

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🇵🇦 Should I Move to Panama City?

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