Cost of living comparison
Barbados is 55.5% more expensive than Panama overall.
- Restaurants
-
pay 86.5% more in Barbados
- Groceries
-
pay 79.2% more in Barbados
- Transportation
-
pay 2.1 times more in Barbados
- Housing
-
pay 18.6% more in Barbados
- Childcare
-
pay 0.4% more in Barbados
- Entertainment and Sports
-
pay 51.1% more in Barbados
- Clothing
-
pay 46.8% more in Barbados
The cost of transportation, restaurants, groceries, entertainment and sports, clothing, and housing in Barbados are more expensive than in Panama. Notably, transportation, restaurants, and groceries are significantly more expensive in Barbados.
If you lived in Barbados instead of Panama, you would:
pay 86.5% more for restaurants
|
Panama
|
Barbados
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$31.67
BBD63.33
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$10.75
BBD21.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.79
BBD3.58
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.39
BBD2.77
|
|
pay 79.2% more for groceries
|
Panama
|
Barbados
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.57
BBD5.15
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$7.32
BBD14.65
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$13.65
BBD27.30
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$5.22
BBD10.44
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$6.15
BBD12.30
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.78
BBD3.57
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$1.42
BBD2.83
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$2.52
BBD5.05
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$2.65
BBD5.29
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.92
BBD3.83
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$1.98
BBD3.96
|
|
pay 2.1 times more for transportation
|
Panama
|
Barbados
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$7.82
BBD15.64
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$51.00
BBD102.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$41,250.00
BBD82,500.00
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$33.60
BBD67.20
|
|
pay 18.6% more for housing
|
Panama
|
Barbados
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$59.67
BBD119.33
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$716.11
BBD1,432.22
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$615.56
BBD1,231.11
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$100.37
BBD200.74
|
|
pay 0.4% more for childcare
|
Panama
|
Barbados
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$318.06
BBD636.11
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$6,250.00
BBD12,500.00
|
|
pay 51.1% more for entertainment and sports
|
Panama
|
Barbados
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$2.43
BBD4.86
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$4.68
BBD9.36
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$8.70
BBD17.40
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$79.38
BBD158.75
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$10.25
BBD20.50
|
|
pay 46.8% more for clothing
|
Panama
|
Barbados
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$66.94
BBD133.89
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$57.50
BBD115.00
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$142.01
BBD284.03
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$106.39
BBD212.78
|
|
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