Cost of living comparison
Virgin Islands is 2.3 times more expensive than Panama overall.
- Restaurants
-
pay 97.4% more in Virgin Islands
- Groceries
-
pay 2.5 times more in Virgin Islands
- Transportation
-
pay 2.7 times more in Virgin Islands
- Housing
-
pay 2.7 times more in Virgin Islands
- Childcare
-
pay 2.9 times more in Virgin Islands
- Entertainment and Sports
-
pay 98.9% more in Virgin Islands
- Clothing
-
pay 39.2% more in Virgin Islands
The cost of childcare, transportation, housing, groceries, entertainment and sports, and restaurants in Virgin Islands are more expensive than in Panama. Notably, childcare, transportation, and housing are significantly more expensive in Virgin Islands.
If you lived in Virgin Islands instead of Panama, you would:
pay 97.4% more for restaurants
|
Panama
|
Virgin Islands
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$24.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$9.18
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$3.02
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$2.26
|
|
pay 2.5 times more for groceries
|
Panama
|
Virgin Islands
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$6.40
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$7.98
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$10.27
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$6.80
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$11.70
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$3.78
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$2.30
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$2.98
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$4.63
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.21
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$2.47
|
|
pay 2.7 times more for transportation
|
Panama
|
Virgin Islands
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$5.33
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$100.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$42,333.33
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$52.43
|
|
pay 2.7 times more for housing
|
Panama
|
Virgin Islands
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$96.50
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$1,781.25
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$1,389.90
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$266.22
|
|
pay 2.9 times more for childcare
|
Panama
|
Virgin Islands
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$991.67
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$16,200.00
|
|
pay 98.9% more for entertainment and sports
|
Panama
|
Virgin Islands
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$5.70
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$6.43
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$4.50
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$109.33
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$12.67
|
|
pay 39.2% more for clothing
|
Panama
|
Virgin Islands
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$78.12
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$62.38
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$98.75
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$91.67
|
|
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