Nassau vs Panama City - Cost of Living Comparison

Updated: June 21, 2026

	Nassau	Panama City
🚶 Cost of living one person	$2760	$1590
👨‍👩‍👧‍👦 Cost of living Family	$6212	$3556
🏠 One person rent	$1672	$946
🏘️ Family rent	$2877	$1545
🍽️ Food expenses	$801	$439
🚐 Transport expenses	$116	$100
💳 Monthly salary after tax	$3354	$973
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	14 km	7 km
🎓 Higher education	11	42
😀 Quality of life	68	71
🏙️ Population	228K	1.54M

The cost of living in Nassau is 74% more expensive than in Panama City. Cities ranked 498th and 3634th ($2760 vs $1590) 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 1.2 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 4308th and 3213th among best cities to live in the world.

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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	$31.2	$9.69
🥂 Dinner in a Restaurant, for 2	$79.3	$45.4
🥪 Fast food meal, equiv. McDonald's	$11.8	$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.33	$2.93
☕ Cappuccino	$5.48	$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.32	$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1382	$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1392	$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2460	$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2496	$1223
🔌 Utility Bill one person, electricity, heating, water, etc.	$195	$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$301	$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$87.2	$44.6
🏦 Mortgage Interest Rate for 20 Years	7.84%	6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4159	$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3300	$1732
Transportation
🚌 Local transport ticket	$2	$0.35
🎟️ Monthly ticket local transport	$68.4	$22.5
🚕 Taxi Ride, 8 km or 5 mi	$33.8	$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.43	$0.98
Groceries
🥛 Milk, 1 L or 1 qt	$3.97	$1.83
🍞 Bread, 0.5 kg or 1.1 lb	$4.69	$2.17
🍚 Rice, 1 kg or 2.2 lb	$5.51	$2.34
🥚 Eggs, x12	$6.55	$3.11
🧀 Cheese, 1 kg or 2.2 lb	$10.3	$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$12.1	$7.11
🥩 Round Steak, 1 kg or 2.2 lb	$26.9	$10.6
🍏 Apples, 1 kg or 2.2 lb	$5.43	$3.56
🍌 Banana, 1 kg or 2.2 lb	$3.47	$1.54
🍊 Oranges, 1 kg or 2.2 lb	$5.05	$3.7
🍅 Tomato, 1 kg or 2.2 lb	$4.26	$3.36
🥔 Potato, 1 kg or 2.2 lb	$4.98	$2.62
🧅 Onion, 1 kg or 2.2 lb	$2.21	$3.19
🌊 Water, 1 L or 1 qt	$1.57	$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$4.33	$2.37
🍾 Wine (mid-priced), 750 mL bottle	$30.2	$12.1
🍺 Beer, 0.5 L or 16 fl oz	$4.84	$1.35
🚬 Cigarette pack	$13.1	$5.95
💊 Cold medicince, 1 week	$11.5	$8.08
🧴 Hair Shampoo	$8.07	$7.95
🧻 Toilet paper, 4 rolls	$5.08	$2.92
👄 Toothpaste, 1 tube	$4.57	$3.05
Other
🏋️ Gym Membership, 1 month	$86.4	$41.9
🎫 Cinema Ticket, 1 person	$17.1	$7.52
👩‍⚕️ Doctor's visit	$104	$42.9
💇 Haircut, simple	$13.7	$14.5
👖 Brand Jeans	$64.1	$58.4
👟 Brand Sneakers	$118	$90.7
👶 Daycare or Preschool, 1 month	$875	$505
🏫 International Primary School, 1 year	$16505	$11486

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	$2683
293 km or 182 mi	Miami Beach	$2840
297 km or 184 mi	Sunny Isles Beach	$2842
298 km or 185 mi	Aventura	$2802
300 km or 187 mi	Hallandale Beach	$2792
300 km or 187 mi	Miami	$3216
300 km or 187 mi	North Miami Beach	$2762
301 km or 187 mi	North Miami	$2747
303 km or 189 mi	Dania Beach	$2802
304 km or 189 mi	Hollywood	$2958
305 km or 189 mi	Coral Gables	$2854
306 km or 190 mi	Fort Lauderdale	$2924
307 km or 191 mi	Palmetto Bay	$2805
308 km or 191 mi	Oakland Park	$2749
308 km or 192 mi	Cutler Bay	$2859
309 km or 192 mi	Pompano Beach	$2701
310 km or 193 mi	Hialeah	$2487
310 km or 193 mi	Deerfield Beach	$2502
310 km or 193 mi	Miami Gardens	$2705
313 km or 194 mi	Lauderdale Lakes	$2715
313 km or 194 mi	Boca Raton	$3114
313 km or 194 mi	Miramar	$2808
314 km or 195 mi	Doral	$2636
315 km or 195 mi	Miami Lakes	$2602
315 km or 196 mi	Plantation	$2697
315 km or 196 mi	Lauderhill	$2695
316 km or 196 mi	Coconut Creek	$2735
316 km or 196 mi	Hialeah Gardens	$2556
316 km or 196 mi	Cooper	$2756
316 km or 196 mi	Delray Beach	$2957
316 km or 196 mi	Sweetwater	$2668
316 km or 197 mi	Davie	$2721
317 km or 197 mi	North Lauderdale	$2762
317 km or 197 mi	Richmond West	$2843
317 km or 197 mi	Pembroke Pines	$3046
317 km or 197 mi	Margate	$2757
319 km or 198 mi	Tamarac	$2774
319 km or 198 mi	Boynton Beach	$3171
319 km or 198 mi	Homestead	$3151
320 km or 199 mi	Sunrise	$2673

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1396
16 km or 9.9 mi	Tocumen	$1373
26 km or 16 mi	Pacora	$1361
34 km or 21 mi	La Chorrera	$982
59 km or 37 mi	Colon	$1185
108 km or 67 mi	Penonome	$1147
154 km or 96 mi	Chitre	$1144
190 km or 118 mi	Santiago de Veraguas	$1112
321 km or 199 mi	Turbo	$797
329 km or 204 mi	David	$909
398 km or 247 mi	Monteria	$733
403 km or 250 mi	Limon	$1228
406 km or 252 mi	Santa Cruz de Lorica	$789
452 km or 281 mi	Sincelejo	$586
463 km or 288 mi	Cartagena	$1186
483 km or 300 mi	Quibdo	$802
494 km or 307 mi	Cartago	$1361
513 km or 319 mi	San Jose	$1574
518 km or 322 mi	Heredia	$1471
521 km or 324 mi	Magangue	$727
526 km or 327 mi	Bello	$1012
529 km or 329 mi	Alajuela	$1362
530 km or 329 mi	Medellin	$1162
534 km or 332 mi	Envigado	$1041
558 km or 347 mi	Soledad	$967
559 km or 348 mi	Barranquilla	$931
595 km or 370 mi	Puntarenas	$872
617 km or 383 mi	Cartago	$769
617 km or 383 mi	Cienaga	$882
623 km or 387 mi	Manizales	$737
627 km or 390 mi	Santa Teresa	$1325
627 km or 390 mi	Pereira	$862
631 km or 392 mi	Santa Marta	$973
632 km or 393 mi	Buenaventura	$856
636 km or 395 mi	Minca	$891
651 km or 404 mi	Salento	$749
652 km or 405 mi	Armenia	$749
657 km or 408 mi	Tulua	$563
658 km or 409 mi	Barrancabermeja	$1001
675 km or 419 mi	Liberia	$1024