Cost of living comparison

compared to

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

St. George's is 15.1% cheaper than Panama City.

Restaurants: pay 1.2% more in St. George's
Groceries: pay 4.3% less in St. George's
Transportation: pay 46.6% more in St. George's
Housing: pay 14.6% less in St. George's
Childcare: pay 86.8% less in St. George's
Entertainment and Sports: pay 11.0% less in St. George's
Clothing: pay 36.9% less in St. George's

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

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 1.2% more for restaurants

	Panama City	St. George's
Basic meal with drink at inexpensive restaurant	$10.00 PAB10.00	$7.40 EC$20.00	-26.0%
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)	$1.70 PAB1.70	$1.85 EC$5.00	+9.0%
Bottle of water (11 fl. oz)	$1.33 PAB1.33	$1.57 EC$4.25	+17.8%
Average			+1.2%

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

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pay 4.3% less for groceries

	Panama City	St. George's
Bread 1 loaf	$2.56 PAB2.56	$1.69 EC$4.57	-34.0%
Local cheese (8 oz)	$5.81 PAB5.81	$5.00 EC$13.52	-13.9%
Milk (1 gallon)	$6.82 PAB6.82	$14.71 EC$39.75	+115.6%
Eggs 1 dozen	$2.84 PAB2.84	$4.07 EC$11.00	+43.1%
Boneless chicken breast (1 lb)	$3.29 PAB3.29	$2.60 EC$7.04	-21.0%
Apples (1 lb)	$1.65 PAB1.65	$1.20 EC$3.25	-27.0%
Bananas (1 lb)	$0.70 PAB0.70	$0.84 EC$2.27	+19.2%
Oranges (1 lb)	$1.40 PAB1.40	$0.79 EC$2.13	-43.5%
Tomatoes (1 lb)	$1.46 PAB1.46	$1.34 EC$3.63	-8.0%
Potatoes (1 lb)	$1.00 PAB1.00	$0.71 EC$1.91	-29.2%
Onions (1 lb)	$1.37 PAB1.37	$0.71 EC$1.91	-48.3%
Average			-4.3%

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

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pay 46.6% more for transportation

	Panama City	St. George's
Gasoline (1 gallon)	$3.44 PAB3.44	$5.12 EC$13.85	+48.9%
Monthly public transit pass	$22.50 PAB22.50	$37.00 EC$100.00	+64.5%
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$24,976.41 EC$67,500.00	+26.5%
Taxi trip in downtown area (5 miles)	$26.50 PAB26.50	??
Average			+46.6%

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

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pay 14.6% less for housing

	Panama City	St. George's
Internet connection 50 mbps or faster, cable/dsl	$49.20 PAB49.20	$46.87 EC$126.67	-4.7%
1-Bedroom apartment in downtown area	$1,164.71 PAB1,164.71	$579.70 EC$1,566.67	-50.2%
1-Bedroom apartment outside city center	$953.85 PAB953.85	$289.85 EC$783.33	-69.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$95.90 PAB95.90	$159.51 EC$431.09	+66.3%
Average			-14.6%

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

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pay 86.8% less for childcare

	Panama City	St. George's
Private preschool for 1 child, monthly	$476.00 PAB476.00	$55.50 EC$150.00	-88.3%
Middle school for 1 child, two semesters	$15,733.33 PAB15,733.33	$2,331.13 EC$6,300.00	-85.2%
Average			-86.8%

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

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pay 11.0% less for entertainment and sports

	Panama City	St. George's
Domestic/local beer (1 pint)	$3.00 PAB3.00	$2.04 EC$5.50	-32.2%
Cappuccino in mid-range area	$3.61 PAB3.61	$4.44 EC$12.00	+23.0%
Pack of cigarettes Marlboro or similar	$5.92 PAB5.92	$1.85 EC$5.00	-68.8%
Monthly membership at local gym	$43.86 PAB43.86	$37.00 EC$100.00	-15.6%
Movie ticket to theater/cinema	$8.00 PAB8.00	$11.10 EC$30.00	+38.8%
Average			-11.0%

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

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pay 36.9% less for clothing

	Panama City	St. George's
Regular jeans Levi's brand	$50.00 PAB50.00	$25.90 EC$70.00	-48.2%
Regular dress from H&M or similar store	$47.50 PAB47.50	$44.40 EC$120.00	-6.5%
Running shoes Nike or Adidas	$89.55 PAB89.55	$42.55 EC$115.00	-52.5%
Men's business shoes (leather)	$126.88 PAB126.88	$75.85 EC$205.00	-40.2%
Average			-36.9%

Panama City vs. St. George's - 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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