Cost of living comparison
Grenada is 35.0% more expensive than Panama.
If you lived in Grenada instead of Panama, you would:
pay 8.8% more for restaurants
Panama
|
Grenada
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.30
PAB8.30
|
$7.51
EC$20.30
|
|
Fast food combo meal
McDonalds, or similar
|
$7.60
PAB7.60
|
$8.05
EC$21.77
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$1.79
EC$4.85
|
|
Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$1.42
EC$3.85
|
|
pay 10.7% more for groceries
Panama
|
Grenada
|
||
---|---|---|---|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.43
EC$3.86
|
|
Local cheese (8 oz) |
$5.28
PAB5.28
|
$7.60
EC$20.55
|
|
Milk (1 gallon) |
$6.34
PAB6.34
|
$9.00
EC$24.33
|
|
Eggs
1 dozen
|
$2.42
PAB2.42
|
$3.42
EC$9.25
|
|
Boneless chicken breast (1 lb) |
$3.15
PAB3.15
|
$3.41
EC$9.21
|
|
Apples (1 lb) |
$1.87
PAB1.87
|
$2.48
EC$6.70
|
|
Bananas (1 lb) |
$0.56
PAB0.56
|
$0.79
EC$2.13
|
|
Oranges (1 lb) |
$1.31
PAB1.31
|
$1.01
EC$2.73
|
|
Tomatoes (1 lb) |
$1.32
PAB1.32
|
$1.17
EC$3.15
|
|
Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.89
EC$2.41
|
|
Onions (1 lb) |
$0.95
PAB0.95
|
$0.80
EC$2.17
|
|
pay 3.4 times more for transportation
Panama
|
Grenada
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.90
PAB3.90
|
$5.17
EC$13.97
|
|
Monthly public transit pass |
$23.33
PAB23.33
|
$37.55
EC$101.48
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,000.00
PAB21,000.00
|
$22,828.86
EC$61,696.13
|
|
Taxi trip in downtown area (5 miles) |
$14.78
PAB14.78
|
$142.90
EC$386.20
|
|
pay 15.7% more for housing
Panama
|
Grenada
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$46.90
PAB46.90
|
$42.48
EC$114.81
|
|
1-Bedroom apartment in downtown area |
$697.93
PAB697.93
|
$589.18
EC$1,592.30
|
|
1-Bedroom apartment outside city center |
$496.06
PAB496.06
|
$362.62
EC$980.01
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.23
PAB65.23
|
$140.10
EC$378.64
|
|
pay 57.5% less for childcare
Panama
|
Grenada
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$327.08
PAB327.08
|
$201.91
EC$545.67
|
|
Middle school for 1 child, two semesters |
$6,443.94
PAB6,443.94
|
$1,492.11
EC$4,032.51
|
|
pay 8.1% more for entertainment and sports
Panama
|
Grenada
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$2.29
EC$6.18
|
|
Cappuccino in mid-range area |
$3.35
PAB3.35
|
$3.88
EC$10.49
|
|
Pack of cigarettes
Marlboro or similar
|
$6.70
PAB6.70
|
$3.68
EC$9.95
|
|
Monthly membership at local gym |
$58.09
PAB58.09
|
$42.99
EC$116.19
|
|
Movie ticket to theater/cinema |
$5.75
PAB5.75
|
$9.90
EC$26.77
|
|
pay 17.2% more for clothing
Panama
|
Grenada
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$43.92
PAB43.92
|
$67.38
EC$182.08
|
|
Regular dress
from H&M or similar store
|
$40.61
PAB40.61
|
$43.97
EC$118.83
|
|
Running shoes
Nike or Adidas
|
$66.54
PAB66.54
|
$59.37
EC$160.46
|
|
Men's business shoes (leather) |
$78.30
PAB78.30
|
$92.35
EC$249.58
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Grenada or Panama. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.