Cost of living comparison
Panama is 15.3% more expensive than Trinidad and Tobago.
If you lived in Panama instead of Trinidad and Tobago, you would:
pay 25.2% more for restaurants
|
Trinidad and Tobago
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$9.51
TTD64.57
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.31
TTD49.67
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.97
TTD6.62
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$0.80
TTD5.44
|
$1.17
PAB1.17
|
|
pay 4.9% more for groceries
|
Trinidad and Tobago
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.32
TTD15.74
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$3.45
TTD23.43
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$8.55
TTD58.03
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$4.09
TTD27.80
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$3.62
TTD24.57
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$2.30
TTD15.64
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$1.00
TTD6.78
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.57
TTD10.68
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.87
TTD12.71
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.53
TTD3.57
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.57
TTD3.87
|
$1.01
PAB1.01
|
|
pay 3.6% more for transportation
|
Trinidad and Tobago
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.81
TTD25.87
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$71.19
TTD483.41
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,305.16
TTD219,356.99
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$7.63
TTD51.82
|
$16.61
PAB16.61
|
|
pay 29.7% more for housing
|
Trinidad and Tobago
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$53.89
TTD365.93
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$509.67
TTD3,460.71
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$377.30
TTD2,561.91
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$51.98
TTD352.94
|
$69.20
PAB69.20
|
|
pay 56.9% more for childcare
|
Trinidad and Tobago
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$190.69
TTD1,294.78
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$4,214.54
TTD28,617.40
|
$6,548.17
PAB6,548.17
|
|
pay 1.6% less for entertainment and sports
|
Trinidad and Tobago
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.00
TTD13.58
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$3.38
TTD22.94
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.01
TTD34.02
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$47.73
TTD324.10
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$7.92
TTD53.80
|
$5.33
PAB5.33
|
|
pay 11.4% less for clothing
|
Trinidad and Tobago
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.13
TTD360.77
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$41.10
TTD279.05
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$113.07
TTD767.75
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$92.43
TTD627.64
|
$100.42
PAB100.42
|
|
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