Cost of living comparison
compared to
Port Of Spain vs. Panama City Cost of Living Summary
Port Of Spain is 8.8% more expensive than Panama City.
- Restaurants
-
pay 18.0% less in Port Of Spain
- Groceries
-
pay 27.0% more in Port Of Spain
- Transportation
-
pay 94.0% more in Port Of Spain
- Housing
-
pay 23.2% less in Port Of Spain
- Childcare
-
pay 42.4% less in Port Of Spain
- Entertainment and Sports
-
pay 4.8% more in Port Of Spain
- Clothing
-
pay 19.5% more in Port Of Spain
The cost of transportation, groceries, clothing, and entertainment and sports in Port Of Spain are more expensive than in Panama City. Expenses including childcare, housing, and restaurants are lower in Port Of Spain. Notably, transportation is significantly more expensive in Port Of Spain.
Port Of Spain vs. Panama City Cost Breakdown
If you lived in Port Of Spain instead of Panama City, you would:
pay 18.0% less for restaurants
|
Panama City
|
Port Of Spain
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.00
PAB10.00
|
$10.31
TTD69.88
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$8.10
TTD54.91
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.70
PAB1.70
|
$1.08
TTD7.30
|
|
| Bottle of water (11 fl. oz) |
$1.33
PAB1.33
|
$0.81
TTD5.46
|
|
Panama City vs. Port Of Spain - Cost of restaurants
Improve prices ·
Change currency (USD)
pay 27.0% more for groceries
|
Panama City
|
Port Of Spain
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.56
PAB2.56
|
$2.77
TTD18.77
|
|
| Local cheese (8 oz) |
$5.81
PAB5.81
|
$4.08
TTD27.63
|
|
| Milk (1 gallon) |
$6.82
PAB6.82
|
$10.51
TTD71.22
|
|
|
Eggs
1 dozen
|
$2.84
PAB2.84
|
$5.17
TTD35.08
|
|
| Boneless chicken breast (1 lb) |
$3.29
PAB3.29
|
$4.62
TTD31.31
|
|
| Apples (1 lb) |
$1.65
PAB1.65
|
$2.80
TTD18.96
|
|
| Bananas (1 lb) |
$0.70
PAB0.70
|
$1.16
TTD7.90
|
|
| Oranges (1 lb) |
$1.40
PAB1.40
|
$2.05
TTD13.90
|
|
| Tomatoes (1 lb) |
$1.46
PAB1.46
|
$1.88
TTD12.76
|
|
| Potatoes (1 lb) |
$1.00
PAB1.00
|
$0.71
TTD4.84
|
|
| Onions (1 lb) |
$1.37
PAB1.37
|
$0.82
TTD5.57
|
|
Panama City vs. Port Of Spain - Cost of groceries
Improve prices ·
Change currency (USD)
pay 94.0% more for transportation
|
Panama City
|
Port Of Spain
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.44
PAB3.44
|
$4.24
TTD28.72
|
|
| Monthly public transit pass |
$22.50
PAB22.50
|
$97.20
TTD658.91
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$35,345.77
TTD239,604.06
|
|
| Taxi trip in downtown area (5 miles) |
$26.50
PAB26.50
|
$11.05
TTD74.88
|
|
Panama City vs. Port Of Spain - Cost of transportation
Improve prices ·
Change currency (USD)
pay 23.2% less for housing
|
Panama City
|
Port Of Spain
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$49.20
PAB49.20
|
$61.53
TTD417.09
|
|
| 1-Bedroom apartment in downtown area |
$1,164.71
PAB1,164.71
|
$794.05
TTD5,382.77
|
|
| 1-Bedroom apartment outside city center |
$953.85
PAB953.85
|
$478.64
TTD3,244.64
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$95.90
PAB95.90
|
$61.00
TTD413.53
|
|
Panama City vs. Port Of Spain - Cost of housing
Improve prices ·
Change currency (USD)
pay 42.4% less for childcare
|
Panama City
|
Port Of Spain
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$476.00
PAB476.00
|
$331.09
TTD2,244.44
|
|
| Middle school for 1 child, two semesters |
$15,733.33
PAB15,733.33
|
$7,182.06
TTD48,686.21
|
|
Panama City vs. Port Of Spain - Cost of childcare
Improve prices ·
Change currency (USD)
pay 4.8% more for entertainment and sports
|
Panama City
|
Port Of Spain
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$1.84
TTD12.48
|
|
| Cappuccino in mid-range area |
$3.61
PAB3.61
|
$3.73
TTD25.29
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.92
PAB5.92
|
$6.04
TTD40.93
|
|
| Monthly membership at local gym |
$43.86
PAB43.86
|
$54.41
TTD368.83
|
|
| Movie ticket to theater/cinema |
$8.00
PAB8.00
|
$10.68
TTD72.38
|
|
Panama City vs. Port Of Spain - Cost of entertainment and sports
Improve prices ·
Change currency (USD)
pay 19.5% more for clothing
|
Panama City
|
Port Of Spain
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$50.00
PAB50.00
|
$59.03
TTD400.17
|
|
|
Regular dress
from H&M or similar store
|
$47.50
PAB47.50
|
$38.29
TTD259.57
|
|
|
Running shoes
Nike or Adidas
|
$89.55
PAB89.55
|
$166.91
TTD1,131.46
|
|
| Men's business shoes (leather) |
$126.88
PAB126.88
|
$117.82
TTD798.68
|
|
Panama City vs. Port Of Spain - Cost of clothing
Improve prices ·
Change currency (USD)
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
Change currency:
Compare countries by overall cost of living
See the
cost of living in Panama vs. Trinidad and Tobago.
This provides a comparison of the average cost of living from cities within Panama and Trinidad and Tobago.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Port Of Spain or Panama City. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.