Cost of living comparison
Panama City is 37.7% cheaper than Nassau.
If you lived in Panama City instead of Nassau, you would:
pay 36.1% less for restaurants
Nassau
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$30.00
$30.00
|
$10.00
PAB10.00
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
$8.00
|
$7.00
PAB7.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.47
$2.47
|
$1.73
PAB1.73
|
|
Bottle of water (11 fl. oz) |
$2.07
$2.07
|
$1.34
PAB1.34
|
|
pay 40.6% less for groceries
Nassau
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$5.21
$5.21
|
$2.36
PAB2.36
|
|
Local cheese (8 oz) |
$4.03
$4.03
|
$4.56
PAB4.56
|
|
Milk (1 gallon) |
$20.81
$20.81
|
$6.17
PAB6.17
|
|
Eggs
1 dozen
|
$5.11
$5.11
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$4.54
$4.54
|
$3.23
PAB3.23
|
|
Apples (1 lb) |
$2.28
$2.28
|
$1.43
PAB1.43
|
|
Bananas (1 lb) |
$1.21
$1.21
|
$0.60
PAB0.60
|
|
Oranges (1 lb) |
$1.94
$1.94
|
$1.36
PAB1.36
|
|
Tomatoes (1 lb) |
$2.07
$2.07
|
$1.53
PAB1.53
|
|
Potatoes (1 lb) |
$2.28
$2.28
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$1.65
$1.65
|
$0.94
PAB0.94
|
|
pay 39.4% less for transportation
Nassau
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.23
$6.23
|
$4.18
PAB4.18
|
|
Monthly public transit pass |
$50.00
$50.00
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,500.00
$37,500.00
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$25.43
$25.43
|
$16.80
PAB16.80
|
|
pay 41.4% less for housing
Nassau
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$93.43
$93.43
|
$50.20
PAB50.20
|
|
1-Bedroom apartment in downtown area |
$983.33
$983.33
|
$900.91
PAB900.91
|
|
1-Bedroom apartment outside city center |
$1,062.50
$1,062.50
|
$515.48
PAB515.48
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$203.22
$203.22
|
$82.33
PAB82.33
|
|
pay 28.3% less for childcare
Nassau
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$556.67
$556.67
|
$420.62
PAB420.62
|
|
Middle school for 1 child, two semesters |
$13,785.71
$13,785.71
|
$9,343.71
PAB9,343.71
|
|
pay 48.9% less for entertainment and sports
Nassau
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.75
$3.75
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$5.47
$5.47
|
$3.51
PAB3.51
|
|
Pack of cigarettes
Marlboro or similar
|
$10.50
$10.50
|
$5.78
PAB5.78
|
|
Monthly membership at local gym |
$117.62
$117.62
|
$42.79
PAB42.79
|
|
Movie ticket to theater/cinema |
$18.00
$18.00
|
$6.00
PAB6.00
|
|
pay 29.4% less for clothing
Nassau
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$66.43
$66.43
|
$53.50
PAB53.50
|
|
Regular dress
from H&M or similar store
|
$66.25
$66.25
|
$41.33
PAB41.33
|
|
Running shoes
Nike or Adidas
|
$117.00
$117.00
|
$74.88
PAB74.88
|
|
Men's business shoes (leather) |
$120.00
$120.00
|
$90.67
PAB90.67
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Panama City or Nassau. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.