Nassau vs Panama City - Cost of Living Comparison

Updated: March 11, 2026

	Nassau	Panama City
🚶 Cost of living one person	$2744	$1583
👨‍👩‍👧‍👦 Cost of living Family	$6170	$3567
🏠 One person rent	$1662	$976
🏘️ Family rent	$2865	$1633
🍽️ Food expenses	$796	$432
🚐 Transport expenses	$111	$69.1
💳 Monthly salary after tax	$2589	$936
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	14 km	7 km
🎓 Higher education	11	42
😀 Quality of life	66	69
🏙️ Population	228K	410K

The cost of living in Nassau is 73% more expensive than in Panama City. Cities ranked 503rd and 3744th ($2744 vs $1583) in the list of the most expensive cities in the world and ranked 1st and 1st in the Bahamas and Panama, respectively. Check the Bahamas vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.9 months in Nassau compared to 0.6 months in Panama City. Nassau ranked 1st best city to live in the Bahamas vs Panama City ranked 1st in Panama, while ranked 4997th and 4400th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Nassau vs Panama City

Prices for goods and services in Nassau and Panama City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Nassau	Panama City
Eating Out
🍱 Lunch Menu	$29.5	$10.6
🥂 Dinner in a Restaurant, for 2	$80.1	$45.3
🥪 Fast food meal, equiv. McDonald's	$11.6	$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.28	$2.97
☕ Cappuccino	$5.5	$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.31	$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1371	$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1402	$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2500	$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2495	$1347
🔌 Utility Bill one person, electricity, heating, water, etc.	$182	$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$285	$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$83.6	$45.4
🏦 Mortgage Interest Rate for 20 Years	7.07%	6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4174	$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3296	$1725
Transportation
🚌 Local transport ticket	$1.74	$0.35
🎟️ Monthly ticket local transport	$59.9	$22.2
🚕 Taxi Ride, 8 km or 5 mi	$33.6	$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.44	$0.93
Groceries
🥛 Milk, 1 L or 1 qt	$3.97	$1.84
🍞 Bread, 0.5 kg or 1.1 lb	$4.69	$2.23
🍚 Rice, 1 kg or 2.2 lb	$5.57	$2.33
🥚 Eggs, x12	$6.56	$3.26
🧀 Cheese, 1 kg or 2.2 lb	$10.5	$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$12.7	$6.57
🥩 Round Steak, 1 kg or 2.2 lb	$27.3	$9.64
🍏 Apples, 1 kg or 2.2 lb	$5.21	$3.53
🍌 Banana, 1 kg or 2.2 lb	$3.43	$1.62
🍊 Oranges, 1 kg or 2.2 lb	$4.38	$3.29
🍅 Tomato, 1 kg or 2.2 lb	$4.25	$3.03
🥔 Potato, 1 kg or 2.2 lb	$4.71	$2.46
🧅 Onion, 1 kg or 2.2 lb	$2.19	$3.74
🌊 Water, 1 L or 1 qt	$1.83	$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$4.28	$2.41
🍾 Wine (mid-priced), 750 mL bottle	$29.8	$11.6
🍺 Beer, 0.5 L or 16 fl oz	$4.79	$1.44
🚬 Cigarette pack	$12.9	$6.04
💊 Cold medicince, 1 week	$11.7	$8.16
🧴 Hair Shampoo	$8	$8.03
🧻 Toilet paper, 4 rolls	$5.06	$2.96
👄 Toothpaste, 1 tube	$4.53	$3.04
Other
🏋️ Gym Membership, 1 month	$101	$42.8
🎫 Cinema Ticket, 1 person	$17.3	$7.3
👩‍⚕️ Doctor's visit	$105	$50.2
💇 Haircut, simple	$13.5	$14.5
👖 Brand Jeans	$64.6	$53.6
👟 Brand Sneakers	$117	$91.3
👶 Daycare or Preschool, 1 month	$817	$503
🏫 International Primary School, 1 year	$16513	$13402

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Nassau

Distance	City	Cost of living
209 km or 130 mi	Freeport	$2640
293 km or 182 mi	Miami Beach	$2870
297 km or 184 mi	Sunny Isles Beach	$2808
298 km or 185 mi	Aventura	$2767
300 km or 187 mi	Hallandale Beach	$2783
300 km or 187 mi	Miami	$3297
300 km or 187 mi	North Miami Beach	$2739
301 km or 187 mi	North Miami	$2738
303 km or 189 mi	Dania Beach	$2792
304 km or 189 mi	Hollywood	$2963
305 km or 189 mi	Coral Gables	$2872
306 km or 190 mi	Fort Lauderdale	$2867
307 km or 191 mi	Palmetto Bay	$2801
308 km or 191 mi	Oakland Park	$2699
308 km or 192 mi	Cutler Bay	$2847
309 km or 192 mi	Pompano Beach	$2668
310 km or 193 mi	Hialeah	$2465
310 km or 193 mi	Deerfield Beach	$2448
310 km or 193 mi	Miami Gardens	$2684
313 km or 194 mi	Lauderdale Lakes	$2696
313 km or 194 mi	Boca Raton	$3050
313 km or 194 mi	Miramar	$2775
314 km or 195 mi	Doral	$2620
315 km or 195 mi	Miami Lakes	$2589
315 km or 196 mi	Plantation	$2695
315 km or 196 mi	Lauderhill	$2713
316 km or 196 mi	Coconut Creek	$2735
316 km or 196 mi	Hialeah Gardens	$2532
316 km or 196 mi	Cooper	$2739
316 km or 196 mi	Delray Beach	$3006
316 km or 196 mi	Sweetwater	$2662
316 km or 197 mi	Davie	$2713
317 km or 197 mi	North Lauderdale	$2777
317 km or 197 mi	Richmond West	$2831
317 km or 197 mi	Pembroke Pines	$2991
317 km or 197 mi	Margate	$2806
319 km or 198 mi	Tamarac	$2810
319 km or 198 mi	Boynton Beach	$3144
319 km or 198 mi	Homestead	$3170
320 km or 199 mi	Sunrise	$2664

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1425
16 km or 9.9 mi	Tocumen	$1403
26 km or 16 mi	Pacora	$1395
34 km or 21 mi	La Chorrera	$977
59 km or 37 mi	Colon	$1179
108 km or 67 mi	Penonome	$1153
154 km or 96 mi	Chitre	$1154
190 km or 118 mi	Santiago de Veraguas	$1122
321 km or 199 mi	Turbo	$764
329 km or 204 mi	David	$922
398 km or 247 mi	Monteria	$703
403 km or 250 mi	Limon	$1332
406 km or 252 mi	Santa Cruz de Lorica	$764
452 km or 281 mi	Sincelejo	$572
463 km or 288 mi	Cartagena	$1155
483 km or 300 mi	Quibdo	$757
494 km or 307 mi	Cartago	$1290
513 km or 319 mi	San Jose	$1454
518 km or 322 mi	Heredia	$1378
521 km or 324 mi	Magangue	$707
526 km or 327 mi	Bello	$915
529 km or 329 mi	Alajuela	$1323
530 km or 329 mi	Medellin	$1071
534 km or 332 mi	Envigado	$992
558 km or 347 mi	Soledad	$950
559 km or 348 mi	Barranquilla	$909
595 km or 370 mi	Puntarenas	$825
617 km or 383 mi	Cartago	$738
617 km or 383 mi	Cienaga	$874
623 km or 387 mi	Manizales	$717
627 km or 390 mi	Santa Teresa	$1273
627 km or 390 mi	Pereira	$789
631 km or 392 mi	Santa Marta	$971
632 km or 393 mi	Buenaventura	$825
636 km or 395 mi	Minca	$887
651 km or 404 mi	Salento	$709
652 km or 405 mi	Armenia	$719
657 km or 408 mi	Tulua	$537
658 km or 409 mi	Barrancabermeja	$1040
675 km or 419 mi	Liberia	$957