HomePricePeek

Las Vegas vs Panama City

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Las Vegas vs Panama City

Panama City is 53% more affordable for homebuyers. Las Vegas has a price-to-income ratio of 5.8x compared to 7.5x in Panama City.

MetricLas VegasPanama City
Avg Home Price$380,000$180,000
Price / sqm$3,200$2,500
Rent (1BR)$1,400/mo$800/mo
Rent (3BR)$2,100/mo$1,400/mo
Price-to-Income5.8x7.5x
Mortgage Rate6.8%6.5%
1yr Change+4.5%+2.5%
Median Income$66,000/yr$24,000/yr
Population640,000880,000
Las VegasView full details โ†’Panama CityView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Las Vegas or Panama City more expensive?
Panama City is more affordable. Home prices differ by $200,000 (53%).
Which city has cheaper rent, Las Vegas or Panama City?
Rent for a 1BR in Las Vegas is $1,400/mo vs $800/mo in Panama City.

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