Cost of living in Grand Cayman (Cayman Islands) is 144% more expensive than in Panama City (Panama)
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This comparison is based on abundant and consistent data. It is based on 338 prices entered by 62 different people.
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Currency:
| Food | + 134% | |||
|---|---|---|---|---|
| Food in Grand Cayman (Cayman Islands) is 134% more expensive than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Grand Cayman | Panama City | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | CI$20 (24 B/.) | 13 B/. | + 81% | |
| Combo meal in fast food restaurant (big mac meal or similar) | CI$11 (13 B/.) | 7 B/. | + 86% | |
| 500 gr (1 lb.) of boneless chicken breast | CI$5.88 (7 B/.) | 3.54 B/. | + 100% | |
| 1 liter (1 qt.) of whole fat milk | CI$3.41 (4.09 B/.) | 1.78 B/. | + 130% | |
| 12 eggs, large | CI$7 (8 B/.) | 2.64 B/. | + 205% | |
| 1 kg (2 lb.) of tomatoes | CI$7 (8 B/.) | 2.56 B/. | + 231% | |
| 500 gr (16 oz.) of local cheese | CI$6 (7 B/.) | 6 B/. | + 16% | |
| 1 kg (2 lb.) of apples | CI$7 (9 B/.) | 2.46 B/. | + 248% | |
| 1 kg (2 lb.) of potatoes | CI$4.25 (5.11 B/.) | 2.36 B/. | + 116% | |
| 0.5 l (16 oz) domestic beer in the supermarket | CI$3.23 (3.88 B/.) | 1.07 B/. | + 262% | |
| 1 bottle of red table wine, good quality | CI$24 (28 B/.) | 10 B/. | + 186% | |
| 2 liters of coca-cola | CI$4.16 (4.99 B/.) | 2.55 B/. | + 96% | |
| Bread for 2 people for 1 day | CI$3.53 (4.24 B/.) | 1.71 B/. | + 149% | |
| Housing | + 195% | |||
| Housing in Grand Cayman (Cayman Islands) is 195% more expensive than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Grand Cayman | Panama City | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | CI$3,339 (4,007 B/.) | 1,506 B/. | + 166% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | CI$2,743 (3,292 B/.) | 913 B/. | + 261% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | CI$448 (538 B/.) | 136 B/. | + 297% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | CI$2,134 (2,561 B/.) | 897 B/. | + 185% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | CI$1,412 (1,694 B/.) | 587 B/. | + 189% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | CI$211 (253 B/.) | 95 B/. | + 166% | |
| Internet 8 mbps (1 month) | CI$121 (145 B/.) | 40 B/. | + 259% | |
| 40” flat screen tv | CI$455 (546 B/.) | 333 B/. | + 64% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | CI$202 (242 B/.) | 99 B/. | + 143% | |
| Laundry detergent (3 l. ~ 100 oz.) | CI$13 (15 B/.) | 16 B/. | - 1% | |
| Hourly rate for cleaning help | CI$12 (14 B/.) | 5.44 B/. | + 165% | |
| Clothes | + 55% | |||
| Clothes in Grand Cayman (Cayman Islands) is 55% more expensive than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Grand Cayman | Panama City | Diff | ||
| 1 pair of jeans (levis 501 or similar) | CI$55 (66 B/.) | 55 B/. | + 21% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | CI$59 (70 B/.) | 41 B/. | + 72% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | CI$120 (144 B/.) | 94 B/. | + 53% | |
| 1 pair of men’s leather business shoes | CI$118 (142 B/.) | 96 B/. | + 47% | |
| Transportation | + 223% | |||
| Transportation in Grand Cayman (Cayman Islands) is 223% more expensive than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Grand Cayman | Panama City | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | CI$25,268 (30,322 B/.) | 22,092 B/. | + 37% | |
| 1 liter (1/4 gallon) of gas | CI$1.25 (1.50 B/.) | 1.10 B/. | + 36% | |
| Monthly ticket public transport | CI$107 (128 B/.) | 26 B/. | + 385% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | CI$29 (34 B/.) | 8 B/. | + 338% | |
| Personal Care | + 52% | |||
| Personal Care in Grand Cayman (Cayman Islands) is 52% more expensive than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Grand Cayman | Panama City | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | CI$7 (9 B/.) | 8 B/. | + 18% | |
| 1 box of antibiotics (12 doses) | CI$20 (24 B/.) | 22 B/. | + 8% | |
| Short visit to private doctor (15 minutes) | CI$107 (128 B/.) | 52 B/. | + 145% | |
| 1 box of 32 tampons (tampax, ob, ...) | CI$7 (8 B/.) | 7 B/. | + 13% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | CI$5.91 (7 B/.) | 5.13 B/. | + 38% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | CI$6 (7 B/.) | 7 B/. | + 5% | |
| 4 rolls of toilet paper | CI$4.60 (5.52 B/.) | 3.09 B/. | + 79% | |
| Tube of toothpaste | CI$4.12 (4.95 B/.) | 3.08 B/. | + 60% | |
| Standard men's haircut in expat area of the city | CI$33 (39 B/.) | 17 B/. | + 129% | |
| Entertainment | + 59% | |||
| Entertainment in Grand Cayman (Cayman Islands) is 59% more expensive than in Panama City (Panama) | ||||
| Update prices | Update prices | |||
| Grand Cayman | Panama City | Diff | ||
| Basic dinner out for two in neighborhood pub | CI$64 (77 B/.) | 35 B/. | + 120% | |
| 2 tickets to the movies | CI$27 (32 B/.) | 12 B/. | + 172% | |
| 2 tickets to the theater (best available seats) | CI$47 (56 B/.) | 45 B/. | + 23% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | CI$103 (124 B/.) | 68 B/. | + 81% | |
| 1 cocktail drink in downtown club | CI$10 (13 B/.) | 10 B/. | + 20% | |
| Cappuccino in expat area of the city | CI$5.63 (7 B/.) | 5.62 B/. | + 20% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | CI$5.50 (7 B/.) | 4.30 B/. | + 54% | |
| Ipad wi-fi 128gb | CI$633 (759 B/.) | 680 B/. | + 12% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | CI$0.33 (0.39 B/.) | 0.32 B/. | + 21% | |
| 1 month of gym membership in business district | CI$88 (105 B/.) | 60 B/. | + 77% | |
| 1 package of marlboro cigarettes | CI$11 (13 B/.) | 5.96 B/. | + 112% | |
 |
TOTAL | + 144% | ||
These prices were last updated on November 22, 2024.
Exchange rate:
1.200
PAB
/
KYD
This comparison is based on abundant and consistent data. It is based on 338 prices entered by 62 different people.
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