Cost of living comparison

Hamilton, Bermuda

compared to

Panama City, Panama

Panama City vs. Hamilton Cost of Living Summary

Panama City is 55.0% cheaper than Hamilton.

Restaurants: pay 54.2% less in Panama City
Groceries: pay 63.1% less in Panama City
Transportation: pay 54.9% less in Panama City
Housing: pay 60.5% less in Panama City
Childcare: pay 62.8% less in Panama City
Entertainment and Sports: pay 59.3% less in Panama City
Clothing: pay 30.0% less in Panama City

Expenses including groceries, childcare, housing, entertainment and sports, transportation, and restaurants are lower in Panama City.

Panama City vs. Hamilton Cost Breakdown

If you lived in Panama City instead of Hamilton, you would:

Display currency: USD

pay 54.2% less for restaurants

	Hamilton	Panama City
Basic meal with drink at inexpensive restaurant	$50.00 BMD50.00	$13.25 PAB13.25	-73.5%
Fast food combo meal McDonalds, or similar	$15.00 BMD15.00	$8.00 PAB8.00	-46.7%
Bottle of Coca-Cola (11 fl. oz)	$3.30 BMD3.30	$1.86 PAB1.86	-43.7%
Bottle of water (11 fl. oz)	$3.00 BMD3.00	$1.41 PAB1.41	-53.0%
Average			-54.2%

Hamilton vs. Panama City - Cost of restaurants

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pay 63.1% less for groceries

	Hamilton	Panama City
Bread 1 loaf	$8.28 BMD8.28	$2.51 PAB2.51	-69.8%
Local cheese (8 oz)	$7.59 BMD7.59	$6.39 PAB6.39	-15.9%
Milk (1 gallon)	$17.06 BMD17.06	$6.80 PAB6.80	-60.2%
Eggs 1 dozen	$7.24 BMD7.24	$2.68 PAB2.68	-63.0%
Boneless chicken breast (1 lb)	$11.11 BMD11.11	$3.41 PAB3.41	-69.3%
Apples (1 lb)	$4.68 BMD4.68	$1.48 PAB1.48	-68.3%
Bananas (1 lb)	$2.88 BMD2.88	$0.72 PAB0.72	-74.9%
Oranges (1 lb)	$4.61 BMD4.61	$1.24 PAB1.24	-73.1%
Tomatoes (1 lb)	$4.32 BMD4.32	$1.40 PAB1.40	-67.6%
Potatoes (1 lb)	$4.04 BMD4.04	$0.98 PAB0.98	-75.7%
Onions (1 lb)	$2.60 BMD2.60	$1.15 PAB1.15	-55.9%
Average			-63.1%

Hamilton vs. Panama City - Cost of groceries

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pay 54.9% less for transportation

	Hamilton	Panama City
Gasoline (1 gallon)	$8.77 BMD8.77	$3.69 PAB3.69	-57.9%
Monthly public transit pass	$69.00 BMD69.00	$25.00 PAB25.00	-63.8%
New Volkswagen Golf 1.4 (standard edition)	$35,000.00 BMD35,000.00	$19,750.00 PAB19,750.00	-43.6%
Taxi trip in downtown area (5 miles)	$36.61 BMD36.61	$16.71 PAB16.71	-54.4%
Average			-54.9%

Hamilton vs. Panama City - Cost of transportation

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pay 60.5% less for housing

	Hamilton	Panama City
Internet connection 50 mbps or faster, cable/dsl	$141.25 BMD141.25	$52.10 PAB52.10	-63.1%
1-Bedroom apartment in downtown area	$3,336.36 BMD3,336.36	$1,023.81 PAB1,023.81	-69.3%
1-Bedroom apartment outside city center	$2,225.00 BMD2,225.00	$755.88 PAB755.88	-66.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$168.39 BMD168.39	$94.84 PAB94.84	-43.7%
Average			-60.5%

Hamilton vs. Panama City - Cost of housing

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pay 62.8% less for childcare

	Hamilton	Panama City
Private preschool for 1 child, monthly	$1,320.00 BMD1,320.00	$439.17 PAB439.17	-66.7%
Middle school for 1 child, two semesters	$24,571.43 BMD24,571.43	$10,092.67 PAB10,092.67	-58.9%
Average			-62.8%

Hamilton vs. Panama City - Cost of childcare

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pay 59.3% less for entertainment and sports

	Hamilton	Panama City
Domestic/local beer (1 pint)	$10.00 BMD10.00	$3.00 PAB3.00	-70.0%
Cappuccino in mid-range area	$5.75 BMD5.75	$3.59 PAB3.59	-37.6%
Pack of cigarettes Marlboro or similar	$17.62 BMD17.62	$5.50 PAB5.50	-68.8%
Monthly membership at local gym	$181.25 BMD181.25	$47.27 PAB47.27	-73.9%
Movie ticket to theater/cinema	$13.00 BMD13.00	$7.00 PAB7.00	-46.2%
Average			-59.3%

Hamilton vs. Panama City - Cost of entertainment and sports

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pay 30.0% less for clothing

	Hamilton	Panama City
Regular jeans Levi's brand	$75.00 BMD75.00	$53.91 PAB53.91	-28.1%
Regular dress from H&M or similar store	$70.00 BMD70.00	$37.78 PAB37.78	-46.0%
Running shoes Nike or Adidas	$134.00 BMD134.00	$87.62 PAB87.62	-34.6%
Men's business shoes (leather)	$122.60 BMD122.60	$108.75 PAB108.75	-11.3%
Average			-30.0%

Hamilton vs. Panama City - 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: June 2025

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