Nassau vs Panama City - Cost of Living Comparison

Updated: March 02, 2025

	Nassau	Panama City
🚶 Cost of living one person	$2741	$1479
👨‍👩‍👧‍👦 Cost of living Family	$6516	$3609
🏠 One person rent	$1655	$846
🏘️ Family rent	$3255	$1592
🍽️ Food expenses	$799	$440
🚐 Transport expenses	$115	$83
💳 Monthly salary after tax	$2174	$967
😷 Air quality	Excellent	Good
✈️ Airport proximity	14 km	7 km
🎓 Higher education	10	42
😀 Quality of life	62	67
🏙️ Population	274K	881K

The cost of living in Nassau is 85% more expensive than in Panama City. Cities ranked 417th and 3517th ($2741 vs $1479) 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 0.8 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 4877th and 3734th 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	$32.1	$10.4
🥂 Dinner in a Restaurant, for 2	$79.8	$48.5
🥪 Fast food meal, equiv. McDonald's	$10.4	$8.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.32	$2.97
☕ Cappuccino	$5.71	$3.99
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.27	$1.66
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1639	$891
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1322	$681
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$3143	$1749
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2824	$1344
🔌 Utility Bill one person, electricity, heating, water, etc.	$185	$78
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$282	$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$85.2	$45.4
🏦 Mortgage Interest Rate for 20 Years	7.11%	6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4154	$2551
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3050	$1632
Transportation
🚌 Local transport ticket	$1.38	$0.42
🎟️ Monthly ticket local transport	$52.4	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$33	$14.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.42	$0.96
Groceries
🥛 Milk, 1 L or 1 qt	$4.74	$1.8
🍞 Bread, 0.5 kg or 1.1 lb	$4.63	$2.19
🍚 Rice, 1 kg or 2.2 lb	$5.21	$2.33
🥚 Eggs, x12	$6.56	$2.77
🧀 Cheese, 1 kg or 2.2 lb	$9.71	$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$12.4	$7.09
🥩 Round Steak, 1 kg or 2.2 lb	$19.9	$9.99
🍏 Apples, 1 kg or 2.2 lb	$4.8	$3.44
🍌 Banana, 1 kg or 2.2 lb	$2.82	$1.58
🍊 Oranges, 1 kg or 2.2 lb	$4.94	$2.89
🍅 Tomato, 1 kg or 2.2 lb	$5.82	$2.94
🥔 Potato, 1 kg or 2.2 lb	$4.82	$2.23
🧅 Onion, 1 kg or 2.2 lb	$3.9	$2.8
🌊 Water, 1 L or 1 qt	$2.02	$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.9	$2.31
🍾 Wine (mid-priced), 750 mL bottle	$23.4	$10
🍺 Beer, 0.5 L or 16 fl oz	$3.66	$1.29
🚬 Cigarette pack	$10.7	$5.98
💊 Cold medicince, 1 week	$11.7	$11.7
🧴 Hair Shampoo	$8.01	$7.94
🧻 Toilet paper, 4 rolls	$5.07	$3.37
👄 Toothpaste, 1 tube	$4.56	$3.71
Other
🏋️ Gym Membership, 1 month	$109	$45.3
🎫 Cinema Ticket, 1 person	$16	$7.22
👩‍⚕️ Doctor's visit	$97.6	$54.5
💇 Haircut, simple	$13.6	$12.9
👖 Brand Jeans	$69.7	$56.8
👟 Brand Sneakers	$117	$93.2
👶 Daycare or Preschool, 1 month	$644	$477
🏫 International Primary School, 1 year	$14985	$13616

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	$2192
293 km or 182 mi	Miami Beach	$2762
297 km or 184 mi	Sunny Isles Beach	$2758
298 km or 185 mi	Aventura	$2731
300 km or 187 mi	Hallandale Beach	$2793
300 km or 187 mi	Miami	$3075
300 km or 187 mi	North Miami Beach	$2714
301 km or 187 mi	North Miami	$2660
303 km or 189 mi	Dania Beach	$2783
304 km or 189 mi	Hollywood	$3016
305 km or 189 mi	Coral Gables	$2756
306 km or 190 mi	Fort Lauderdale	$2701
307 km or 191 mi	Palmetto Bay	$2865
308 km or 191 mi	Oakland Park	$2631
308 km or 192 mi	Cutler Bay	$3032
309 km or 192 mi	Pompano Beach	$2597
310 km or 193 mi	Hialeah	$2381
310 km or 193 mi	Deerfield Beach	$2414
310 km or 193 mi	Miami Gardens	$2651
313 km or 194 mi	Lauderdale Lakes	$2616
313 km or 194 mi	Boca Raton	$2882
313 km or 194 mi	Miramar	$2732
314 km or 195 mi	Doral	$2553
315 km or 195 mi	Miami Lakes	$2528
315 km or 196 mi	Plantation	$2664
315 km or 196 mi	Lauderhill	$2611
316 km or 196 mi	Coconut Creek	$2643
316 km or 196 mi	Hialeah Gardens	$2474
316 km or 196 mi	Cooper	$2710
316 km or 196 mi	Delray Beach	$3240
316 km or 196 mi	Sweetwater	$2604
316 km or 197 mi	Davie	$2681
317 km or 197 mi	North Lauderdale	$2683
317 km or 197 mi	Richmond West	$3092
317 km or 197 mi	Pembroke Pines	$2939
317 km or 197 mi	Margate	$2667
319 km or 198 mi	Tamarac	$2679
319 km or 198 mi	Boynton Beach	$2761
319 km or 198 mi	Homestead	$4044
320 km or 199 mi	Sunrise	$2682

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1328
16 km or 9.9 mi	Tocumen	$1310
26 km or 16 mi	Pacora	$1304
34 km or 21 mi	La Chorrera	$957
59 km or 37 mi	Colon	$1172
108 km or 67 mi	Penonome	$1116
154 km or 96 mi	Chitre	$1117
190 km or 118 mi	Santiago de Veraguas	$1089
321 km or 199 mi	Turbo	$664
329 km or 204 mi	David	$890
398 km or 247 mi	Monteria	$645
403 km or 250 mi	Limon	$1225
406 km or 252 mi	Santa Cruz de Lorica	$669
452 km or 281 mi	Sincelejo	$524
463 km or 288 mi	Cartagena	$760
483 km or 300 mi	Quibdo	$705
494 km or 307 mi	Cartago	$1024
513 km or 319 mi	San Jose	$1324
518 km or 322 mi	Heredia	$1296
521 km or 324 mi	Magangue	$604
526 km or 327 mi	Bello	$839
529 km or 329 mi	Alajuela	$1269
530 km or 329 mi	Medellin	$906
534 km or 332 mi	Envigado	$897
558 km or 347 mi	Soledad	$741
559 km or 348 mi	Barranquilla	$773
595 km or 370 mi	Puntarenas	$801
617 km or 383 mi	Cartago	$649
617 km or 383 mi	Cienaga	$742
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1213
627 km or 390 mi	Pereira	$680
631 km or 392 mi	Santa Marta	$837
632 km or 393 mi	Buenaventura	$742
636 km or 395 mi	Minca	$759
651 km or 404 mi	Salento	$605
652 km or 405 mi	Armenia	$598
657 km or 408 mi	Tulua	$513
658 km or 409 mi	Barrancabermeja	$1031
675 km or 419 mi	Liberia	$932