Cost of living comparison

Panama City, Panama

compared to

St. George's vs. Panama City Cost of Living Summary

St. George's is 24.5% more expensive than Panama City.

Restaurants: pay 8.9% less in St. George's
Groceries: pay 8.1% more in St. George's
Transportation: pay 4.0 times more in St. George's
Housing: pay 11.7% less in St. George's
Childcare: pay 82.2% less in St. George's
Entertainment and Sports: pay 7.6% less in St. George's
Clothing: pay 29.0% less in St. George's

The cost of transportation and groceries in St. George's are more expensive than in Panama City. Expenses including childcare, clothing, housing, restaurants, and entertainment and sports are lower in St. George's. Notably, transportation is significantly more expensive in St. George's.

St. George's vs. Panama City Cost Breakdown

If you lived in St. George's instead of Panama City, you would:

Display currency: USD

pay 8.9% less for restaurants

	Panama City	St. George's
Basic meal with drink at inexpensive restaurant	$13.25 PAB13.25	$7.40 EC$20.00	-44.1%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$8.33 EC$22.50	+4.1%
Bottle of Coca-Cola (11 fl. oz)	$1.86 PAB1.86	$1.85 EC$5.00	-0.4%
Bottle of water (11 fl. oz)	$1.41 PAB1.41	$1.48 EC$4.00	+4.9%
Average			-8.9%

Panama City vs. St. George's - Cost of restaurants

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pay 8.1% more for groceries

	Panama City	St. George's
Bread 1 loaf	$2.51 PAB2.51	$1.69 EC$4.57	-32.6%
Local cheese (8 oz)	$6.39 PAB6.39	$4.32 EC$11.68	-32.3%
Milk (1 gallon)	$6.80 PAB6.80	$14.71 EC$39.75	+116.3%
Eggs 1 dozen	$2.68 PAB2.68	$3.95 EC$10.67	+47.5%
Boneless chicken breast (1 lb)	$3.41 PAB3.41	$2.60 EC$7.04	-23.6%
Apples (1 lb)	$1.48 PAB1.48	$2.48 EC$6.70	+67.3%
Bananas (1 lb)	$0.72 PAB0.72	$0.84 EC$2.27	+16.1%
Oranges (1 lb)	$1.24 PAB1.24	$0.79 EC$2.13	-36.3%
Tomatoes (1 lb)	$1.40 PAB1.40	$1.34 EC$3.63	-3.8%
Potatoes (1 lb)	$0.98 PAB0.98	$0.94 EC$2.54	-4.3%
Onions (1 lb)	$1.15 PAB1.15	$0.86 EC$2.33	-24.8%
Average			+8.1%

Panama City vs. St. George's - Cost of groceries

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pay 4.0 times more for transportation

	Panama City	St. George's
Gasoline (1 gallon)	$3.69 PAB3.69	$5.18 EC$14.01	+40.5%
Monthly public transit pass	$25.00 PAB25.00	$37.00 EC$100.00	+48.0%
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$24,976.41 EC$67,500.00	+26.5%
Taxi trip in downtown area (5 miles)	$16.71 PAB16.71	$199.81 EC$540.00	+1096.0%
Average			+302.8%

Panama City vs. St. George's - Cost of transportation

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pay 11.7% less for housing

	Panama City	St. George's
Internet connection 50 mbps or faster, cable/dsl	$52.10 PAB52.10	$46.87 EC$126.67	-10.0%
1-Bedroom apartment in downtown area	$1,023.81 PAB1,023.81	$579.70 EC$1,566.67	-43.4%
1-Bedroom apartment outside city center	$755.88 PAB755.88	$289.85 EC$783.33	-61.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$94.84 PAB94.84	$159.51 EC$431.09	+68.2%
Average			-11.7%

Panama City vs. St. George's - Cost of housing

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pay 82.2% less for childcare

	Panama City	St. George's
Private preschool for 1 child, monthly	$439.17 PAB439.17	$55.50 EC$150.00	-87.4%
Middle school for 1 child, two semesters	$10,092.67 PAB10,092.67	$2,331.13 EC$6,300.00	-76.9%
Average			-82.2%

Panama City vs. St. George's - Cost of childcare

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pay 7.6% less for entertainment and sports

	Panama City	St. George's
Domestic/local beer (1 pint)	$3.00 PAB3.00	$2.04 EC$5.50	-32.2%
Cappuccino in mid-range area	$3.59 PAB3.59	$4.44 EC$12.00	+23.7%
Pack of cigarettes Marlboro or similar	$5.50 PAB5.50	$1.85 EC$5.00	-66.4%
Monthly membership at local gym	$47.27 PAB47.27	$37.00 EC$100.00	-21.7%
Movie ticket to theater/cinema	$7.00 PAB7.00	$11.10 EC$30.00	+58.6%
Average			-7.6%

Panama City vs. St. George's - Cost of entertainment and sports

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pay 29.0% less for clothing

	Panama City	St. George's
Regular jeans Levi's brand	$53.91 PAB53.91	$25.90 EC$70.00	-52.0%
Regular dress from H&M or similar store	$37.78 PAB37.78	$44.40 EC$120.00	+17.5%
Running shoes Nike or Adidas	$87.62 PAB87.62	$42.55 EC$115.00	-51.4%
Men's business shoes (leather)	$108.75 PAB108.75	$75.85 EC$205.00	-30.2%
Average			-29.0%

Panama City vs. St. George's - 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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