Panama City vs Port of Spain - Cost of Living Comparison

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Livingcost

Panama City Port of Spain
🚶 Cost of living one person
$1384
$1168
👨‍👩‍👧‍👦 Cost of living Family
$3435
$2841
🏠 One person rent
$751
$537
🏘️ Family rent
$1474
$1029
🍽️ Food expenses
$444
$471
🚐 Transport expenses
$84.4
$51.7
💳 Monthly salary after tax
$914
$841
😷 Air quality
Good
Excellent
✈️ Airport proximity
7 km
21 km
🎓 Higher education
42
27
😀 Quality of life
66
50
🏙️ Population
881K
81.1K

The cost of living in Panama City is 18% more expensive than in Port of Spain. Cities ranked 4139th and 4682nd ($1384 vs $1168) in the list of the most expensive cities in the world and ranked 1st and 1st in Panama and Trinidad and Tobago, respectively. Check Panama vs Trinidad and Tobago comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 0.7 months in Port of Spain. Panama City ranked 1st best city to live in Panama vs Port of Spain ranked 1st in Trinidad and Tobago, while ranked 3919th and 6176th among best cities to live in the world.

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Prices in Panama City vs Port of Spain

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

Panama City Port of Spain
Eating Out
🍱 Lunch Menu
$12.3
$8.72
🥂 Dinner in a Restaurant, for 2
$55.2
$78.9
🥪 Fast food meal, equiv. McDonald's
$7.6
$7.55
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.94
$2.08
 Cappuccino
$4.25
$4
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.9
$1.02
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$827
$606
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$577
$395
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1757
$1240
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1198
$817
🔌 Utility Bill one person, electricity, heating, water, etc.
$76.7
$50.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$118
$78.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.4
$49
🏦 Mortgage Interest Rate for 20 Years
6.12%
5.09%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2406
$4464
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1535
$1776
Transportation
🚌 Local transport ticket
$0.35
$1.18
🎟️ Monthly ticket local transport
$26.2
$86.1
🚕 Taxi Ride, 8 km or 5 mi
$13.9
$9.42
 Gas / Petrol, 1 L or 0.26 gal
$1.02
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.78
$2.43
🍞 Bread, 0.5 kg or 1.1 lb
$2.12
$2.28
🍚 Rice, 1 kg or 2.2 lb
$2.08
$2.33
🥚 Eggs, x12
$2.67
$4.53
🧀 Cheese, 1 kg or 2.2 lb
$13.2
$9.36
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.23
$8.73
🥩 Round Steak, 1 kg or 2.2 lb
$10.4
$9.97
🍏 Apples, 1 kg or 2.2 lb
$3.11
$4.62
🍌 Banana, 1 kg or 2.2 lb
$1.54
$2.46
🍊 Oranges, 1 kg or 2.2 lb
$3.09
$3.94
🍅 Tomato, 1 kg or 2.2 lb
$2.94
$4.42
🥔 Potato, 1 kg or 2.2 lb
$2.19
$1.38
🧅 Onion, 1 kg or 2.2 lb
$2.5
$1.65
🌊 Water, 1 L or 1 qt
$1
$0.82
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.51
$1.92
🍾 Wine (mid-priced), 750 mL bottle
$9.03
$19.3
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$2.1
🚬 Cigarette pack
$5.89
$5.48
💊 Cold medicince, 1 week
$10.5
$7.03
🧴 Hair Shampoo
$6.97
$5.84
🧻 Toilet paper, 4 rolls
$3.12
$2.15
👄 Toothpaste, 1 tube
$3.06
$2.81
Other
🏋️ Gym Membership, 1 month
$43.8
$49.3
🎫 Cinema Ticket, 1 person
$6.71
$8.28
👩‍⚕️ Doctor's visit
$49.1
$45.2
💇 Haircut, simple
$13.7
$9.6
👖 Brand Jeans
$54.3
$58.4
👟 Brand Sneakers
$90.2
$106
👶 Daycare or Preschool, 1 month
$437
$222
🏫 International Primary School, 1 year
$9531
$3731

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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

Cities near Port of Spain

Distance City Cost of living
7.5 km or 4.7 mi San Juan
$1164
21 km or 13 mi Chaguanas
$1070
43 km or 27 mi San Fernando
$964
103 km or 64 mi Scarborough
$1101
155 km or 96 mi St. George's
$1065
162 km or 101 mi Grenville
$1061
188 km or 117 mi Tucupita
$770
188 km or 117 mi Carupano
$719
209 km or 130 mi Maturin
$871
257 km or 159 mi Porlamar
$684
259 km or 161 mi La Asuncion
$692
280 km or 174 mi Kingstown
$981
285 km or 177 mi Ciudad Guayana
$892
291 km or 181 mi Cumana
$691
294 km or 183 mi Georgetown
$1004
310 km or 193 mi Upata
$785
340 km or 211 mi Bridgetown
$1360
343 km or 213 mi Puerto la Cruz
$771
346 km or 215 mi Vieux Fort
$1196
346 km or 215 mi Cantaura
$662
347 km or 216 mi Holetown
$1390
351 km or 218 mi Anaco
$627
351 km or 218 mi Barcelona
$704
352 km or 218 mi Lecheria
$821
360 km or 224 mi El Tigre
$731
361 km or 224 mi Ciudad Bolivar
$870
377 km or 234 mi Castries
$1159
440 km or 273 mi Fort-de-France
$1665
442 km or 274 mi Zaraza
$783
515 km or 320 mi Roseau
$1003
518 km or 322 mi Valle de la Pascua
$752
540 km or 335 mi Altagracia de Orituco
$787
546 km or 339 mi Portsmouth
$1138
549 km or 341 mi Guarenas
$896
550 km or 341 mi Guatire
$892
563 km or 350 mi Santa Teresa del Tuy
$910
565 km or 351 mi Santa Lucia
$865
567 km or 353 mi Georgetown
$986
579 km or 360 mi Ocumare del Tuy
$871
586 km or 364 mi Charallave
$877