Cost of living comparison
Panama is 38.4% cheaper than Bahamas.
If you lived in Panama instead of Bahamas, you would:
pay 46.7% less for restaurants
|
Bahamas
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$30.33
BSD30.33
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.58
BSD10.58
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.73
BSD2.73
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$2.15
BSD2.15
|
$1.17
PAB1.17
|
|
pay 29.9% less for groceries
|
Bahamas
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.38
BSD4.38
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$4.32
BSD4.32
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$14.05
BSD14.05
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$5.32
BSD5.32
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$4.62
BSD4.62
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$1.74
BSD1.74
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$1.44
BSD1.44
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.73
BSD1.73
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$2.10
BSD2.10
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$1.89
BSD1.89
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$1.37
BSD1.37
|
$1.01
PAB1.01
|
|
pay 41.0% less for transportation
|
Bahamas
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.16
BSD5.16
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$45.00
BSD45.00
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,500.00
BSD37,500.00
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$30.85
BSD30.85
|
$16.61
PAB16.61
|
|
pay 53.6% less for housing
|
Bahamas
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$73.43
BSD73.43
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$1,522.92
BSD1,522.92
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$1,550.00
BSD1,550.00
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$197.45
BSD197.45
|
$69.20
PAB69.20
|
|
pay 29.9% less for childcare
|
Bahamas
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$453.33
BSD453.33
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$8,905.56
BSD8,905.56
|
$6,548.17
PAB6,548.17
|
|
pay 49.6% less for entertainment and sports
|
Bahamas
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.33
BSD4.33
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$6.02
BSD6.02
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.66
BSD10.66
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$80.69
BSD80.69
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$18.00
BSD18.00
|
$5.33
PAB5.33
|
|
pay 18.0% less for clothing
|
Bahamas
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$57.50
BSD57.50
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$50.83
BSD50.83
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$106.00
BSD106.00
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$100.00
BSD100.00
|
$100.42
PAB100.42
|
|
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