Nassau vs Panama City - Cost of Living Comparison

Updated: October 10, 2024

	Nassau	Panama City
🚶 Cost of living one person	$2754	$1384
👨‍👩‍👧‍👦 Cost of living Family	$6827	$3435
🏠 One person rent	$1693	$751
🏘️ Family rent	$3607	$1474
🍽️ Food expenses	$775	$444
🚐 Transport expenses	$113	$84.4
💳 Monthly salary after tax	$1913	$914
😷 Air quality	Excellent	Good
✈️ Airport proximity	14 km	7 km
🎓 Higher education	11	42
😀 Quality of life	62	66
🏙️ Population	274K	881K

The cost of living in Nassau is 99% more expensive than in Panama City. Cities ranked 375th and 4139th ($2754 vs $1384) 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 0.7 months in Nassau compared to 0.7 months in Panama City. Nassau ranked 1st best city to live in the Bahamas vs Panama City ranked 1st in Panama, while ranked 4912th and 3919th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Nassau vs Panama City infographic

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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	$31.7	$12.3
🥂 Dinner in a Restaurant, for 2	$79.9	$55.2
🥪 Fast food meal, equiv. McDonald's	$10.4	$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.29	$2.94
☕ Cappuccino	$5.56	$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.17	$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1673	$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1320	$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$3761	$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$3044	$1198
🔌 Utility Bill one person, electricity, heating, water, etc.	$215	$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$332	$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$88.1	$47.4
🏦 Mortgage Interest Rate for 20 Years	7.1%	6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3024	$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1337	$1535
Transportation
🚌 Local transport ticket	$1.26	$0.35
🎟️ Monthly ticket local transport	$52.5	$26.2
🚕 Taxi Ride, 8 km or 5 mi	$32.5	$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.45	$1.02
Groceries
🥛 Milk, 1 L or 1 qt	$4.67	$1.78
🍞 Bread, 0.5 kg or 1.1 lb	$4.53	$2.12
🍚 Rice, 1 kg or 2.2 lb	$5.5	$2.08
🥚 Eggs, x12	$6.38	$2.67
🧀 Cheese, 1 kg or 2.2 lb	$9.37	$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$11.6	$7.23
🥩 Round Steak, 1 kg or 2.2 lb	$19.5	$10.4
🍏 Apples, 1 kg or 2.2 lb	$4.22	$3.11
🍌 Banana, 1 kg or 2.2 lb	$2.93	$1.54
🍊 Oranges, 1 kg or 2.2 lb	$4.61	$3.09
🍅 Tomato, 1 kg or 2.2 lb	$5	$2.94
🥔 Potato, 1 kg or 2.2 lb	$4.75	$2.19
🧅 Onion, 1 kg or 2.2 lb	$3.25	$2.5
🌊 Water, 1 L or 1 qt	$1.94	$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.9	$2.51
🍾 Wine (mid-priced), 750 mL bottle	$20.9	$9.03
🍺 Beer, 0.5 L or 16 fl oz	$3.64	$1.14
🚬 Cigarette pack	$10.3	$5.89
💊 Cold medicince, 1 week	$11.7	$10.5
🧴 Hair Shampoo	$8.07	$6.97
🧻 Toilet paper, 4 rolls	$5.07	$3.12
👄 Toothpaste, 1 tube	$4.54	$3.06
Other
🏋️ Gym Membership, 1 month	$94.9	$43.8
🎫 Cinema Ticket, 1 person	$17.1	$6.71
👩‍⚕️ Doctor's visit	$97.5	$49.1
💇 Haircut, simple	$13.6	$13.7
👖 Brand Jeans	$70.7	$54.3
👟 Brand Sneakers	$121	$90.2
👶 Daycare or Preschool, 1 month	$694	$437
🏫 International Primary School, 1 year	$15222	$9531

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	$2195
293 km or 182 mi	Miami Beach	$2753
297 km or 184 mi	Sunny Isles Beach	$2682
298 km or 185 mi	Aventura	$2647
300 km or 187 mi	Hallandale Beach	$2630
300 km or 187 mi	Miami	$3103
300 km or 187 mi	North Miami Beach	$2659
301 km or 187 mi	North Miami	$2671
303 km or 189 mi	Dania Beach	$2629
304 km or 189 mi	Hollywood	$2724
305 km or 189 mi	Coral Gables	$2803
306 km or 190 mi	Fort Lauderdale	$2727
307 km or 191 mi	Palmetto Bay	$2849
308 km or 191 mi	Oakland Park	$2571
308 km or 192 mi	Cutler Bay	$3002
309 km or 192 mi	Pompano Beach	$2490
310 km or 193 mi	Hialeah	$2562
310 km or 193 mi	Deerfield Beach	$2248
310 km or 193 mi	Miami Gardens	$2645
313 km or 194 mi	Lauderdale Lakes	$2540
313 km or 194 mi	Boca Raton	$2860
313 km or 194 mi	Miramar	$2717
314 km or 195 mi	Doral	$2612
315 km or 195 mi	Miami Lakes	$2578
315 km or 196 mi	Plantation	$2573
315 km or 196 mi	Lauderhill	$2513
316 km or 196 mi	Coconut Creek	$2429
316 km or 196 mi	Hialeah Gardens	$2551
316 km or 196 mi	Cooper	$2691
316 km or 196 mi	Delray Beach	$2769
316 km or 196 mi	Sweetwater	$2644
316 km or 197 mi	Davie	$2623
317 km or 197 mi	North Lauderdale	$2418
317 km or 197 mi	Richmond West	$3058
317 km or 197 mi	Pembroke Pines	$2898
317 km or 197 mi	Margate	$2359
319 km or 198 mi	Tamarac	$2424
319 km or 198 mi	Boynton Beach	$2816
319 km or 198 mi	Homestead	$3991
320 km or 199 mi	Sunrise	$2538

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1249
16 km or 9.9 mi	Tocumen	$1231
26 km or 16 mi	Pacora	$1249
34 km or 21 mi	La Chorrera	$953
59 km or 37 mi	Colon	$1182
108 km or 67 mi	Penonome	$1098
154 km or 96 mi	Chitre	$1091
190 km or 118 mi	Santiago de Veraguas	$1056
321 km or 199 mi	Turbo	$634
329 km or 204 mi	David	$833
398 km or 247 mi	Monteria	$620
403 km or 250 mi	Limon	$1201
406 km or 252 mi	Santa Cruz de Lorica	$638
452 km or 281 mi	Sincelejo	$506
463 km or 288 mi	Cartagena	$748
483 km or 300 mi	Quibdo	$661
494 km or 307 mi	Cartago	$961
513 km or 319 mi	San Jose	$1239
518 km or 322 mi	Heredia	$1246
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$789
529 km or 329 mi	Alajuela	$1233
530 km or 329 mi	Medellin	$873
534 km or 332 mi	Envigado	$871
558 km or 347 mi	Soledad	$840
559 km or 348 mi	Barranquilla	$789
595 km or 370 mi	Puntarenas	$1277
617 km or 383 mi	Cartago	$619
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1310
627 km or 390 mi	Pereira	$641
631 km or 392 mi	Santa Marta	$979
632 km or 393 mi	Buenaventura	$718
636 km or 395 mi	Minca	$863
651 km or 404 mi	Salento	$562
652 km or 405 mi	Armenia	$541
657 km or 408 mi	Tulua	$477
658 km or 409 mi	Barrancabermeja	$573
675 km or 419 mi	Liberia	$898