Panama vs. Saint Vincent and the Grenadines Cost of Living Summary

Panama is 16.2% more expensive than Saint Vincent and the Grenadines overall.

Restaurants
pay 3.8% less in Panama
Groceries
pay 33.8% less in Panama
Transportation
pay 51.8% less in Panama
Housing
pay 2.1 times more in Panama
Childcare
pay 5.2 times more in Panama
Entertainment and Sports
pay 28.3% more in Panama
Clothing
pay 21.7% less in Panama

The cost of childcare, housing, and entertainment and sports in Panama are more expensive than in Saint Vincent and the Grenadines. Expenses including transportation, groceries, clothing, and restaurants are lower in Panama. Notably, childcare and housing are significantly more expensive in Panama.

Panama vs. Saint Vincent and the Grenadines Cost Breakdown

If you lived in Panama instead of Saint Vincent and the Grenadines, you would:

pay 3.8% less for restaurants

 
Saint Vincent and the Grenadines
Panama
Basic meal with drink at inexpensive restaurant $6.48
EC$17.50
$8.20
PAB8.20
Fast food combo meal
McDonalds, or similar
$10.55
EC$28.50
$8.90
PAB8.90
Bottle of Coca-Cola (11 fl. oz) $2.34
EC$6.33
$1.41
PAB1.41

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pay 33.8% less for groceries

 
Saint Vincent and the Grenadines
Panama
Bread
1 loaf
$2.13
EC$5.76
$2.28
PAB2.28
Local cheese (8 oz) $6.47
EC$17.49
$6.18
PAB6.18
Milk (1 gallon) $12.14
EC$32.81
$7.09
PAB7.09

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pay 51.8% less for transportation

 
Saint Vincent and the Grenadines
Panama
Gasoline (1 gallon) $11.87
EC$32.09
$4.34
PAB4.34
Monthly public transit pass $49.95
EC$135.00
$23.00
PAB23.00
New Volkswagen Golf 1.4 (standard edition) $37,927.14
EC$102K
$23,920.67
PAB23,920.67

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pay 2.1 times more for housing

 
Saint Vincent and the Grenadines
Panama
Internet connection
50 mbps or faster, cable/dsl
$51.80
EC$140.00
$49.81
PAB49.81
1-Bedroom apartment in downtown area $283.68
EC$766.67
$789.50
PAB789.50
1-Bedroom apartment outside city center $323.77
EC$875.00
$614.84
PAB614.84

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pay 5.2 times more for childcare

 
Saint Vincent and the Grenadines
Panama
Private preschool for 1 child, monthly $104.84
EC$283.33
$543.33
PAB543.33
Middle school for 1 child, two semesters ?? $7,213.83
PAB7,213.83

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pay 28.3% more for entertainment and sports

 
Saint Vincent and the Grenadines
Panama
Domestic/local beer (1 pint) $1.67
EC$4.50
$2.21
PAB2.21
Cappuccino in mid-range area $4.07
EC$11.00
$3.73
PAB3.73
Pack of cigarettes
Marlboro or similar
$4.07
EC$11.00
$5.29
PAB5.29

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pay 21.7% less for clothing

 
Saint Vincent and the Grenadines
Panama
Regular jeans
Levi's brand
$64.75
EC$175.00
$45.56
PAB45.56
Regular dress
from H&M or similar store
$61.98
EC$167.50
$36.71
PAB36.71
Running shoes
Nike or Adidas
$74.00
EC$200.00
$69.81
PAB69.81

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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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