Cost of living comparison
Panama City is 24.6% more expensive than Castries.
- Restaurants
-
pay 27.4% more in Panama City
- Groceries
-
pay 9.4% less in Panama City
- Transportation
-
pay 33.2% less in Panama City
- Housing
-
pay 41.0% more in Panama City
- Childcare
-
pay 2.4 times more in Panama City
- Entertainment and Sports
-
pay 27.5% more in Panama City
- Clothing
-
pay 22.3% less in Panama City
The cost of childcare, housing, entertainment and sports, and restaurants in Panama City are more expensive than in Castries. Expenses including transportation, clothing, and groceries are lower in Panama City. Notably, childcare is significantly more expensive in Panama City.
If you lived in Panama City instead of Castries, you would:
pay 27.4% more for restaurants
Castries
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.40
EC$20.00
|
$13.25
PAB13.25
|
|
Fast food combo meal
McDonalds, or similar
|
$7.40
EC$20.00
|
$8.00
PAB8.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.94
EC$5.25
|
$1.86
PAB1.86
|
|
Bottle of water (11 fl. oz) |
$1.11
EC$3.00
|
$1.41
PAB1.41
|
|
pay 9.4% less for groceries
Castries
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$1.63
EC$4.39
|
$2.51
PAB2.51
|
|
Local cheese (8 oz) |
$3.52
EC$9.50
|
$6.39
PAB6.39
|
|
Milk (1 gallon) |
$7.72
EC$20.85
|
$6.80
PAB6.80
|
|
Eggs
1 dozen
|
$3.79
EC$10.24
|
$2.68
PAB2.68
|
|
Boneless chicken breast (1 lb) |
$4.41
EC$11.93
|
$3.41
PAB3.41
|
|
Apples (1 lb) |
$3.43
EC$9.27
|
$1.48
PAB1.48
|
|
Bananas (1 lb) |
$0.75
EC$2.04
|
$0.72
PAB0.72
|
|
Oranges (1 lb) |
$2.86
EC$7.72
|
$1.24
PAB1.24
|
|
Tomatoes (1 lb) |
$4.17
EC$11.27
|
$1.40
PAB1.40
|
|
Potatoes (1 lb) |
$1.56
EC$4.23
|
$0.98
PAB0.98
|
|
Onions (1 lb) |
$0.78
EC$2.12
|
$1.15
PAB1.15
|
|
pay 33.2% less for transportation
Castries
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.70
EC$15.40
|
$3.69
PAB3.69
|
|
Monthly public transit pass | ?? |
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$28,676.62
EC$77,500.00
|
$19,750.00
PAB19,750.00
|
|
Taxi trip in downtown area (5 miles) | ?? |
$16.71
PAB16.71
|
|
pay 41.0% more for housing
Castries
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$45.02
EC$121.67
|
$52.10
PAB52.10
|
|
1-Bedroom apartment in downtown area |
$653.95
EC$1,767.34
|
$1,023.81
PAB1,023.81
|
|
1-Bedroom apartment outside city center |
$407.02
EC$1,100.00
|
$755.88
PAB755.88
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$89.60
EC$242.16
|
$94.84
PAB94.84
|
|
pay 2.4 times more for childcare
Castries
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$181.93
EC$491.67
|
$439.17
PAB439.17
|
|
Middle school for 1 child, two semesters | ?? |
$10,092.67
PAB10,092.67
|
|
pay 27.5% more for entertainment and sports
Castries
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.04
EC$5.50
|
$3.00
PAB3.00
|
|
Cappuccino in mid-range area |
$3.70
EC$10.00
|
$3.59
PAB3.59
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$5.50
PAB5.50
|
|
Monthly membership at local gym |
$33.92
EC$91.67
|
$47.27
PAB47.27
|
|
Movie ticket to theater/cinema |
$5.55
EC$15.00
|
$7.00
PAB7.00
|
|
pay 22.3% less for clothing
Castries
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$78.94
EC$213.33
|
$53.91
PAB53.91
|
|
Regular dress
from H&M or similar store
|
$58.59
EC$158.33
|
$37.78
PAB37.78
|
|
Running shoes
Nike or Adidas
|
$123.34
EC$333.33
|
$87.62
PAB87.62
|
|
Men's business shoes (leather) |
$101.76
EC$275.00
|
$108.75
PAB108.75
|
|
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