Panama vs Saint Lucia - Cost of Living Comparison

Panama Saint Lucia
🚶 Cost of living one person
$1040
$1042
👨‍👩‍👧‍👦 Cost of living Family
$2489
$2592
🏠 One person rent
$530
$406
🏘️ Family rent
$877
$777
🍽️ Food expenses
$353
$450
🚐 Transport expenses
$68.5
$81.6
💳 Monthly salary after tax
$746
$985
💸 GDP per capita
$12510
$8805
😃 Human freedom index
8.12
6.5
❤️ Life expectancy
78.7
76.3
👮 Corruption perceptions index
36
56
🌐 English speaking %
14%
43%
🎓 Higher education
49
1
😀 Quality of life
58
41
🏙️ Population
4.1M
179K

The average cost of living in Panama ($1040) is 0.2% less expensive than in Saint Lucia ($1042). Panama ranked 57th vs 55th for Saint Lucia in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama compared to 0.9 months in Saint Lucia. Ranked 63rd and 124th best countries to live in the world.

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the estimated difference in money purchasing power

Cost of living in Panama vs Saint Lucia infographic

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Prices in Panama vs Saint Lucia

We calculate prices for Panama and Saint Lucia as a population-weighted mean of 10 and 2 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Panama Saint Lucia
Eating Out
🍱 Lunch Menu
$7.93
$6.19
🥂 Dinner in a Restaurant, for 2
$35.9
$62.8
🥪 Fast food meal, equiv. McDonald's
$6.24
$8.26
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.22
$1.99
 Cappuccino
$3.28
$2.51
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.49
$1.08
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$638
$442
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$375
$256
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1105
$968
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$650
$560
🔌 Utility Bill one person, electricity, heating, water, etc.
$63.9
$41.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$97.6
$63.8
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$39.1
$71.4
🏦 Mortgage Interest Rate for 20 Years
6.3%
7.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2002
$1450
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1216
$1015
Transportation
🚌 Local transport ticket
$0.39
$0.93
🎟️ Monthly ticket local transport
$35
$36.2
🚕 Taxi Ride, 8 km or 5 mi
$13.1
$39.3
 Gas / Petrol, 1 L or 0.26 gal
$1.07
$1.61
Groceries
🥛 Milk, 1 L or 1 qt
$1.59
$2.72
🍞 Bread, 0.5 kg or 1.1 lb
$1.94
$1.01
🍚 Rice, 1 kg or 2.2 lb
$1.93
$1.87
🥚 Eggs, x12
$2.22
$3.33
🧀 Cheese, 1 kg or 2.2 lb
$10.2
$8.33
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.57
$10.6
🥩 Round Steak, 1 kg or 2.2 lb
$8.11
$14
🍏 Apples, 1 kg or 2.2 lb
$2.74
$7.46
🍌 Banana, 1 kg or 2.2 lb
$1.27
$1.91
🍊 Oranges, 1 kg or 2.2 lb
$2.46
$4.54
🍅 Tomato, 1 kg or 2.2 lb
$2.85
$4.92
🥔 Potato, 1 kg or 2.2 lb
$2.1
$2.56
🧅 Onion, 1 kg or 2.2 lb
$1.94
$1.41
🌊 Water, 1 L or 1 qt
$0.92
$0.78
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.2
$2.2
🍾 Wine (mid-priced), 750 mL bottle
$9.42
$11.1
🍺 Beer, 0.5 L or 16 fl oz
$1.22
$1.42
🚬 Cigarette pack
$6.01
$5.26
💊 Cold medicince, 1 week
$8.1
$5.15
🧴 Hair Shampoo
$6.91
$5.08
🧻 Toilet paper, 4 rolls
$2.57
$2.15
👄 Toothpaste, 1 tube
$2.37
$4.24
Other
🏋️ Gym Membership, 1 month
$39.1
$46.3
🎫 Cinema Ticket, 1 person
$6.19
$6.79
👩‍⚕️ Doctor's visit
$44.2
$45.1
💇 Haircut, simple
$12.4
$6.44
👖 Brand Jeans
$43.6
$67.1
👟 Brand Sneakers
$68.5
$110
👶 Daycare or Preschool, 1 month
$321
$166
🏫 International Primary School, 1 year
$12414
$1852

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Cities Comparison in Panama vs Saint Lucia

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Cost of Living in Popular cities

In Panama

City Cost of living Population
Panama City
$1211
881K
Colon
$889
242K
Tocumen
$845
103K
Santiago de Veraguas
$853
89K
David
$769
82.9K
La Chorrera
$841
68.9K
Balboa
$851
62.9K
Chitre
$847
46.2K
Pacora
$760
52.5K
Penonome
$784
21.7K

In Saint Lucia

City Cost of living Population
Castries
$1031
70K
Vieux Fort
$1095
15.8K