Cost of living comparison

compared to

Panama City vs. Nassau Cost of Living Summary

Panama City is 36.2% cheaper than Nassau.

Restaurants: pay 38.7% less in Panama City
Groceries: pay 41.4% less in Panama City
Transportation: pay 37.1% less in Panama City
Housing: pay 48.6% less in Panama City
Childcare: pay 14.6% less in Panama City
Entertainment and Sports: pay 52.2% less in Panama City
Clothing: pay 20.6% less in Panama City

Expenses including entertainment and sports, housing, groceries, restaurants, transportation, and clothing are lower in Panama City.

Panama City vs. Nassau Cost Breakdown

If you lived in Panama City instead of Nassau, you would:

Display currency: USD

pay 38.7% less for restaurants

	Nassau	Panama City
Basic meal with drink at inexpensive restaurant	$35.00 BSD35.00	$10.00 PAB10.00	-71.4%
Fast food combo meal McDonalds, or similar	$11.50 BSD11.50	$8.00 PAB8.00	-30.4%
Bottle of Coca-Cola (11 fl. oz)	$2.93 BSD2.93	$1.70 PAB1.70	-42.0%
Bottle of water (11 fl. oz)	$1.50 BSD1.50	$1.33 PAB1.33	-11.0%
Average			-38.7%

Nassau vs. Panama City - Cost of restaurants

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pay 41.4% less for groceries

	Nassau	Panama City
Bread 1 loaf	$5.78 BSD5.78	$2.56 PAB2.56	-55.7%
Local cheese (8 oz)	$4.28 BSD4.28	$5.81 PAB5.81	+35.8%
Milk (1 gallon)	$16.09 BSD16.09	$6.82 PAB6.82	-57.6%
Eggs 1 dozen	$7.63 BSD7.63	$2.84 PAB2.84	-62.7%
Boneless chicken breast (1 lb)	$5.48 BSD5.48	$3.29 PAB3.29	-39.8%
Apples (1 lb)	$2.38 BSD2.38	$1.65 PAB1.65	-30.9%
Bananas (1 lb)	$1.57 BSD1.57	$0.70 PAB0.70	-55.0%
Oranges (1 lb)	$2.15 BSD2.15	$1.40 PAB1.40	-34.9%
Tomatoes (1 lb)	$4.38 BSD4.38	$1.46 PAB1.46	-66.6%
Potatoes (1 lb)	$2.27 BSD2.27	$1.00 PAB1.00	-56.2%
Onions (1 lb)	$1.99 BSD1.99	$1.37 PAB1.37	-31.4%
Average			-41.4%

Nassau vs. Panama City - Cost of groceries

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pay 37.1% less for transportation

	Nassau	Panama City
Gasoline (1 gallon)	$5.38 BSD5.38	$3.44 PAB3.44	-36.0%
Monthly public transit pass	$45.00 BSD45.00	$22.50 PAB22.50	-50.0%
New Volkswagen Golf 1.4 (standard edition)	$37,500.00 BSD37,500.00	$19,750.00 PAB19,750.00	-47.3%
Taxi trip in downtown area (5 miles)	$31.23 BSD31.23	$26.50 PAB26.50	-15.1%
Average			-37.1%

Nassau vs. Panama City - Cost of transportation

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pay 48.6% less for housing

	Nassau	Panama City
Internet connection 50 mbps or faster, cable/dsl	$101.75 BSD101.75	$49.20 PAB49.20	-51.6%
1-Bedroom apartment in downtown area	$1,862.50 BSD1,862.50	$1,164.71 PAB1,164.71	-37.5%
1-Bedroom apartment outside city center	$1,800.00 BSD1,800.00	$953.85 PAB953.85	-47.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$230.26 BSD230.26	$95.90 PAB95.90	-58.4%
Average			-48.6%

Nassau vs. Panama City - Cost of housing

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pay 14.6% less for childcare

	Nassau	Panama City
Private preschool for 1 child, monthly	$716.66 BSD716.66	$476.00 PAB476.00	-33.6%
Middle school for 1 child, two semesters	$15,071.43 BSD15,071.43	$15,733.33 PAB15,733.33	+4.4%
Average			-14.6%

Nassau vs. Panama City - Cost of childcare

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pay 52.2% less for entertainment and sports

	Nassau	Panama City
Domestic/local beer (1 pint)	$5.00 BSD5.00	$3.00 PAB3.00	-40.0%
Cappuccino in mid-range area	$5.40 BSD5.40	$3.61 PAB3.61	-33.1%
Pack of cigarettes Marlboro or similar	$14.35 BSD14.35	$5.92 PAB5.92	-58.7%
Monthly membership at local gym	$142.75 BSD142.75	$43.86 PAB43.86	-69.3%
Movie ticket to theater/cinema	$20.00 BSD20.00	$8.00 PAB8.00	-60.0%
Average			-52.2%

Nassau vs. Panama City - Cost of entertainment and sports

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pay 20.6% less for clothing

	Nassau	Panama City
Regular jeans Levi's brand	$64.17 BSD64.17	$50.00 PAB50.00	-22.1%
Regular dress from H&M or similar store	$76.67 BSD76.67	$47.50 PAB47.50	-38.0%
Running shoes Nike or Adidas	$114.88 BSD114.88	$89.55 PAB89.55	-22.0%
Men's business shoes (leather)	$127.14 BSD127.14	$126.88 PAB126.88	-0.2%
Average			-20.6%

Nassau vs. Panama City - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025

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