Cost of living comparison

Panama

compared to

Trinidad and Tobago

Port Of Spain vs. Panama City Cost of Living Summary

Port Of Spain is 5.6% cheaper than Panama City.

Restaurants: pay 14.6% less in Port Of Spain
Groceries: pay 0.5% less in Port Of Spain
Transportation: pay 75.0% more in Port Of Spain
Housing: pay 29.1% less in Port Of Spain
Childcare: pay 9.2% less in Port Of Spain
Entertainment and Sports: pay 4.2% less in Port Of Spain
Clothing: pay 5.6% more in Port Of Spain

The cost of transportation and clothing in Port Of Spain are more expensive than in Panama City. Expenses including housing, restaurants, childcare, entertainment and sports, and groceries are lower in Port Of Spain.

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Port Of Spain vs. Panama City Cost Breakdown

If you lived in Port Of Spain instead of Panama City, you would:

Display currency: USD

pay 14.6% less for restaurants

	Panama City	Port Of Spain
Basic meal with drink at inexpensive restaurant	$11.50 PAB11.50	$10.32 TTD70.16	-10.3%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$8.84 TTD60.14	+10.6%
Bottle of Coca-Cola (11 fl. oz)	$1.97 PAB1.97	$1.02 TTD6.92	-48.4%
Bottle of water (11 fl. oz)	$1.60 PAB1.60	$0.74 TTD5.01	-53.9%
Average			-14.6%

Panama City vs. Port Of Spain - Cost of restaurants

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pay 0.5% less for groceries

	Panama City	Port Of Spain
Bread 1 loaf	$2.52 PAB2.52	$2.52 TTD17.12	+0.1%
Local cheese (8 oz)	$6.18 PAB6.18	$3.32 TTD22.56	-46.4%
Milk (1 gallon)	$7.09 PAB7.09	$9.25 TTD62.87	+30.5%
Eggs 1 dozen	$2.75 PAB2.75	$4.38 TTD29.79	+59.5%
Boneless chicken breast (1 lb)	$3.07 PAB3.07	$4.57 TTD31.07	+49.0%
Apples (1 lb)	$1.87 PAB1.87	$2.50 TTD17.01	+33.8%
Bananas (1 lb)	$0.82 PAB0.82	$1.38 TTD9.40	+67.8%
Oranges (1 lb)	$1.92 PAB1.92	$1.67 TTD11.37	-12.8%
Tomatoes (1 lb)	$1.86 PAB1.86	$1.95 TTD13.23	+4.8%
Potatoes (1 lb)	$1.55 PAB1.55	$0.98 TTD6.64	-36.8%
Onions (1 lb)	$1.96 PAB1.96	$0.86 TTD5.82	-56.2%
Average			-0.5%

Panama City vs. Port Of Spain - Cost of groceries

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pay 75.0% more for transportation

	Panama City	Port Of Spain
Gasoline (1 gallon)	$4.62 PAB4.62	$4.32 TTD29.40	-6.4%
Monthly public transit pass	$21.00 PAB21.00	$132.67 TTD902.03	+531.8%
New Volkswagen Golf 1.4 (standard edition)	$21,262.00 PAB21,262.00	$36,853.34 TTD251K	+73.3%
Taxi trip in downtown area (5 miles)	$16.98 PAB16.98	$11.06 TTD75.17	-34.9%
Average			+75.0%

Panama City vs. Port Of Spain - Cost of transportation

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pay 29.1% less for housing

	Panama City	Port Of Spain
Internet connection 50 mbps or faster, cable/dsl	$48.70 PAB48.70	$56.39 TTD383.36	+15.8%
1-Bedroom apartment in downtown area	$1,262.50 PAB1,262.50	$1,014.70 TTD6,898.83	-19.6%
1-Bedroom apartment outside city center	$874.18 PAB874.18	$519.48 TTD3,531.93	-40.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$100.29 PAB100.29	$69.52 TTD472.63	-30.7%
Average			-29.1%

Panama City vs. Port Of Spain - Cost of housing

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pay 9.2% less for childcare

	Panama City	Port Of Spain
Private preschool for 1 child, monthly	$543.33 PAB543.33	$399.05 TTD2,713.11	-26.6%
Middle school for 1 child, two semesters	$9,641.50 PAB9,641.50	$10,825.75 TTD73,603.36	+12.3%
Average			-9.2%

Panama City vs. Port Of Spain - Cost of childcare

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pay 4.2% less for entertainment and sports

	Panama City	Port Of Spain
Domestic/local beer (1 pint)	$3.30 PAB3.30	$2.21 TTD15.03	-33.0%
Cappuccino in mid-range area	$4.11 PAB4.11	$3.72 TTD25.28	-9.5%
Pack of cigarettes Marlboro or similar	$6.00 PAB6.00	$5.90 TTD40.09	-1.7%
Monthly membership at local gym	$46.40 PAB46.40	$56.51 TTD384.20	+21.8%
Movie ticket to theater/cinema	$8.50 PAB8.50	$8.84 TTD60.14	+4.1%
Average			-4.2%

Panama City vs. Port Of Spain - Cost of entertainment and sports

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pay 5.6% more for clothing

	Panama City	Port Of Spain
Regular jeans Levi's brand	$66.67 PAB66.67	$54.67 TTD371.67	-18.0%
Regular dress from H&M or similar store	$48.43 PAB48.43	$51.59 TTD350.79	+6.5%
Running shoes Nike or Adidas	$94.62 PAB94.62	$145.94 TTD992.23	+54.2%
Men's business shoes (leather)	$111.67 PAB111.67	$103.19 TTD701.58	-7.6%
Average			+5.6%

Panama City vs. Port Of Spain - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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