Cost of living comparison

Panama

compared to

Grenada

St. George's vs. Panama City Cost of Living Summary

St. George's is 9.8% cheaper than Panama City.

Restaurants: pay 15.3% less in St. George's
Groceries: pay 21.3% more in St. George's
Transportation: pay 53.5% more in St. George's
Housing: pay 19.7% less in St. George's
Childcare: pay 81.2% less in St. George's
Entertainment and Sports: pay 1.3% less in St. George's
Clothing: pay 32.9% less in St. George's

The cost of transportation and groceries in St. George's are more expensive than in Panama City. Expenses including childcare, clothing, housing, restaurants, and entertainment and sports are lower in St. George's.

Planning a move to Grenada? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes →

St. George's vs. Panama City Cost Breakdown

If you lived in St. George's instead of Panama City, you would:

Display currency: USD

pay 15.3% less for restaurants

	Panama City	St. George's
Basic meal with drink at inexpensive restaurant	$11.50 PAB11.50	$7.40 EC$20.00	-35.6%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$8.33 EC$22.50	+4.1%
Bottle of Coca-Cola (11 fl. oz)	$1.97 PAB1.97	$1.94 EC$5.25	-1.5%
Bottle of water (11 fl. oz)	$1.60 PAB1.60	$1.94 EC$5.25	+21.4%
Average			-15.3%

Panama City vs. St. George's - Cost of restaurants

Improve prices · Change currency (USD)

pay 21.3% more for groceries

	Panama City	St. George's
Bread 1 loaf	$2.52 PAB2.52	$2.38 EC$6.44	-5.3%
Local cheese (8 oz)	$6.18 PAB6.18	$6.93 EC$18.74	+12.1%
Milk (1 gallon)	$7.09 PAB7.09	$15.41 EC$41.64	+117.4%
Eggs 1 dozen	$2.75 PAB2.75	$4.26 EC$11.50	+54.9%
Boneless chicken breast (1 lb)	$3.07 PAB3.07	$4.26 EC$11.50	+38.7%
Apples (1 lb)	$1.87 PAB1.87	$6.11 EC$16.50	+226.5%
Bananas (1 lb)	$0.82 PAB0.82	$1.11 EC$3.00	+34.7%
Oranges (1 lb)	$1.92 PAB1.92	$0.74 EC$2.00	-61.4%
Tomatoes (1 lb)	$1.86 PAB1.86	$2.59 EC$7.00	+39.6%
Potatoes (1 lb)	$1.55 PAB1.55	$1.30 EC$3.50	-16.2%
Onions (1 lb)	$1.96 PAB1.96	$1.67 EC$4.50	-14.9%
Average			+21.3%

Panama City vs. St. George's - Cost of groceries

Improve prices · Change currency (USD)

pay 53.5% more for transportation

	Panama City	St. George's
Gasoline (1 gallon)	$4.62 PAB4.62	$5.28 EC$14.26	+14.2%
Monthly public transit pass	$21.00 PAB21.00	$64.35 EC$173.91	+206.4%
New Volkswagen Golf 1.4 (standard edition)	$21,262.00 PAB21,262.00	$25,901.46 EC$70,000.00	+21.8%
Taxi trip in downtown area (5 miles)	$16.98 PAB16.98	??
Average			+53.5%

Panama City vs. St. George's - Cost of transportation

Improve prices · Change currency (USD)

pay 19.7% less for housing

	Panama City	St. George's
Internet connection 50 mbps or faster, cable/dsl	$48.70 PAB48.70	$50.94 EC$137.67	+4.6%
1-Bedroom apartment in downtown area	$1,262.50 PAB1,262.50	$1,134.73 EC$3,066.67	-10.1%
1-Bedroom apartment outside city center	$874.18 PAB874.18	$437.86 EC$1,183.33	-49.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$100.29 PAB100.29	$192.10 EC$519.15	+91.5%
Average			-19.7%

Panama City vs. St. George's - Cost of housing

Improve prices · Change currency (USD)

pay 81.2% less for childcare

	Panama City	St. George's
Private preschool for 1 child, monthly	$543.33 PAB543.33	$55.50 EC$150.00	-89.8%
Middle school for 1 child, two semesters	$9,641.50 PAB9,641.50	$3,330.19 EC$9,000.00	-65.5%
Average			-81.2%

Panama City vs. St. George's - Cost of childcare

Improve prices · Change currency (USD)

pay 1.3% less for entertainment and sports

	Panama City	St. George's
Domestic/local beer (1 pint)	$3.30 PAB3.30	$2.78 EC$7.50	-15.9%
Cappuccino in mid-range area	$4.11 PAB4.11	$4.38 EC$11.83	+6.6%
Pack of cigarettes Marlboro or similar	$6.00 PAB6.00	??
Monthly membership at local gym	$46.40 PAB46.40	$37.00 EC$100.00	-20.3%
Movie ticket to theater/cinema	$8.50 PAB8.50	$11.10 EC$30.00	+30.6%
Average			-1.3%

Panama City vs. St. George's - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 32.9% less for clothing

	Panama City	St. George's
Regular jeans Levi's brand	$66.67 PAB66.67	$35.15 EC$95.00	-47.3%
Regular dress from H&M or similar store	$48.43 PAB48.43	$44.40 EC$120.00	-8.3%
Running shoes Nike or Adidas	$94.62 PAB94.62	$50.57 EC$136.67	-46.6%
Men's business shoes (leather)	$111.67 PAB111.67	$87.57 EC$236.67	-21.6%
Average			-32.9%

Panama City vs. St. George's - Cost of clothing

Improve prices · Change currency (USD)

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

Compare further: Panama City vs. St. George's

Salary Calculator · Free tool

What salary would you need in St. George's?

More cost comparisons

Panama City vs.

Ottawa

Panama City vs.

Warsaw

Panama City vs.

Lima

Panama City vs.

Reykjavik

Panama City vs.

Washington

Panama City vs.

Beijing

Panama City vs.

Paris

Panama City vs.

Madrid

Share this

Compare countries by overall cost of living

See the cost of living in Panama vs. Grenada. This provides a comparison of the average cost of living from cities within Panama and Grenada.

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

Add prices for Panama City

Add prices for St. George's

Ask the Elsewhere Community

Join the Elsewhere community and ask a question about St. George's 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.