Cost of living comparison

Nassau, Bahamas

compared to

Panama City vs. Nassau Cost of Living Summary

Panama City is 38.2% cheaper than Nassau.

Restaurants: pay 29.9% less in Panama City
Groceries: pay 34.1% less in Panama City
Transportation: pay 42.3% less in Panama City
Housing: pay 53.8% less in Panama City
Childcare: pay 31.8% less in Panama City
Entertainment and Sports: pay 49.4% less in Panama City
Clothing: pay 26.3% less in Panama City

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

Panama City vs. Nassau Cost Breakdown

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

Display currency: USD

pay 29.9% less for restaurants

	Nassau	Panama City
Basic meal with drink at inexpensive restaurant	$40.00 BSD40.00	$13.25 PAB13.25	-66.9%
Fast food combo meal McDonalds, or similar	$10.00 BSD10.00	$8.00 PAB8.00	-20.0%
Bottle of Coca-Cola (11 fl. oz)	$2.18 BSD2.18	$1.86 PAB1.86	-14.9%
Bottle of water (11 fl. oz)	$1.71 BSD1.71	$1.41 PAB1.41	-17.7%
Average			-29.9%

Nassau vs. Panama City - Cost of restaurants

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pay 34.1% less for groceries

	Nassau	Panama City
Bread 1 loaf	$5.17 BSD5.17	$2.51 PAB2.51	-51.6%
Local cheese (8 oz)	$4.03 BSD4.03	$6.39 PAB6.39	+58.3%
Milk (1 gallon)	$19.37 BSD19.37	$6.80 PAB6.80	-64.9%
Eggs 1 dozen	$7.38 BSD7.38	$2.68 PAB2.68	-63.7%
Boneless chicken breast (1 lb)	$5.20 BSD5.20	$3.41 PAB3.41	-34.4%
Apples (1 lb)	$1.72 BSD1.72	$1.48 PAB1.48	-13.7%
Bananas (1 lb)	$1.32 BSD1.32	$0.72 PAB0.72	-45.1%
Oranges (1 lb)	$2.11 BSD2.11	$1.24 PAB1.24	-41.2%
Tomatoes (1 lb)	$2.40 BSD2.40	$1.40 PAB1.40	-41.9%
Potatoes (1 lb)	$2.14 BSD2.14	$0.98 PAB0.98	-53.9%
Onions (1 lb)	$1.49 BSD1.49	$1.15 PAB1.15	-23.0%
Average			-34.1%

Nassau vs. Panama City - Cost of groceries

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pay 42.3% less for transportation

	Nassau	Panama City
Gasoline (1 gallon)	$5.39 BSD5.39	$3.69 PAB3.69	-31.5%
Monthly public transit pass	$45.00 BSD45.00	$25.00 PAB25.00	-44.4%
New Volkswagen Golf 1.4 (standard edition)	$37,500.00 BSD37,500.00	$19,750.00 PAB19,750.00	-47.3%
Taxi trip in downtown area (5 miles)	$30.85 BSD30.85	$16.71 PAB16.71	-45.9%
Average			-42.3%

Nassau vs. Panama City - Cost of transportation

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pay 53.8% less for housing

	Nassau	Panama City
Internet connection 50 mbps or faster, cable/dsl	$104.29 BSD104.29	$52.10 PAB52.10	-50.0%
1-Bedroom apartment in downtown area	$1,862.50 BSD1,862.50	$1,023.81 PAB1,023.81	-45.0%
1-Bedroom apartment outside city center	$1,800.00 BSD1,800.00	$755.88 PAB755.88	-58.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$249.29 BSD249.29	$94.84 PAB94.84	-62.0%
Average			-53.8%

Nassau vs. Panama City - Cost of housing

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pay 31.8% less for childcare

	Nassau	Panama City
Private preschool for 1 child, monthly	$640.00 BSD640.00	$439.17 PAB439.17	-31.4%
Middle school for 1 child, two semesters	$14,916.67 BSD14,916.67	$10,092.67 PAB10,092.67	-32.3%
Average			-31.8%

Nassau vs. Panama City - Cost of childcare

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pay 49.4% less for entertainment and sports

	Nassau	Panama City
Domestic/local beer (1 pint)	$5.00 BSD5.00	$3.00 PAB3.00	-40.0%
Cappuccino in mid-range area	$5.75 BSD5.75	$3.59 PAB3.59	-37.6%
Pack of cigarettes Marlboro or similar	$11.00 BSD11.00	$5.50 PAB5.50	-50.0%
Monthly membership at local gym	$113.88 BSD113.88	$47.27 PAB47.27	-58.5%
Movie ticket to theater/cinema	$18.00 BSD18.00	$7.00 PAB7.00	-61.1%
Average			-49.4%

Nassau vs. Panama City - Cost of entertainment and sports

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pay 26.3% less for clothing

	Nassau	Panama City
Regular jeans Levi's brand	$67.50 BSD67.50	$53.91 PAB53.91	-20.1%
Regular dress from H&M or similar store	$76.67 BSD76.67	$37.78 PAB37.78	-50.7%
Running shoes Nike or Adidas	$117.00 BSD117.00	$87.62 PAB87.62	-25.1%
Men's business shoes (leather)	$120.00 BSD120.00	$108.75 PAB108.75	-9.4%
Average			-26.3%

Nassau 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: April 2025

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