Published: Monday, 21th October 2024
The cost of living in Panama is 1.55 times more expensive as compared to Saint Kitts and Nevis.
On this page, you will find side-by-side cost comparison between Panama and Saint Kitts and Nevis. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Panama and Saint Kitts and Nevis.
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Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
1 BHK Apartment in City Center | 1,200 PAB (1,200 USD) | 2,000 XCD (740.80 USD) |
2 BHK Apartment in City Center | 2,000 PAB (2,000 USD) | 3,500 XCD (1,296.40 USD) |
3 BHK Apartment in City Center | 3,000 PAB (3,000 USD) | 5,000 XCD (1,852 USD) |
1 BHK Apartment outside City Center | 800 PAB (800 USD) | 1,200 XCD (444.48 USD) |
2 BHK Apartment outside City Center | 1,200 PAB (1,200 USD) | 2,200 XCD (814.88 USD) |
3 BHK Apartment outside City Center | 1,800 PAB (1,800 USD) | 3,200 XCD (1,185.28 USD) |
Mortgage Rates Per Month | 1.3 % | 1.6 % |
Realtor Commission | 5 % | 2 % |
Property Taxes | 0.6 to 1.0 % | 0.2 to 0.4 % |
The average housing cost in Panama is 1.59 times more expensive than Saint Kitts and Nevis.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Basic Home Furnishing | 3,000 PAB (3,000 USD) | 3,000 XCD (1,111.20 USD) |
Electricity Cost Per Month | 150 PAB (150 USD) | 200 XCD (74.08 USD) |
Heating Cost Per Month | 100 PAB (100 USD) | 100 XCD (37.04 USD) |
Cooling Cost Per Month | 80 PAB (80 USD) | 150 XCD (55.56 USD) |
Water Supply Cost Per Month | 60 PAB (60 USD) | 100 XCD (37.04 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 157.81% more for Utilities.
The basic home furnishing in Panama costs 2.70 times more compared to Saint Kitts and Nevis.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Standard Wifi Cost Per Month | 70 PAB (70 USD) | 150 XCD (55.56 USD) |
Mobile Phone Basic Plan Cost Per Month | 50 PAB (50 USD) | 80 XCD (29.63 USD) |
Landline Basic Plan Cost Per Month | 30 PAB (30 USD) | 60 XCD (22.22 USD) |
Cable TV Basic Plan Cost Per Month | 80 PAB (80 USD) | 100 XCD (37.04 USD) |
The internet and communication costs 59.22% more in Panama compared to Saint Kitts and Nevis.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Long Grain Rice (1 KG) | 2 PAB (2 USD) | 15 XCD (5.56 USD) |
Milk (1 Liter) | 1.50 PAB (1.50 USD) | 10 XCD (3.70 USD) |
Water (1 Liter) | 0.50 PAB (0.50 USD) | 3 XCD (1.11 USD) |
Bread (500 gm) | 1 PAB (1 USD) | 7 XCD (2.59 USD) |
Eggs (1 Dozen) | 3 PAB (3 USD) | 10 XCD (3.70 USD) |
Cheese (1 KG) | 5 PAB (5 USD) | 25 XCD (9.26 USD) |
Chicken Breast (1 KG) | 7 PAB (7 USD) | 30 XCD (11.11 USD) |
In Panama, the cost of 1 Liter Water and 1 Liter Milk is 2.41 times less expensive than the cost in Saint Kitts and Nevis.
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 46.00% less for Groceries.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Apples (1 KG) | 3 PAB (3 USD) | 15 XCD (5.56 USD) |
Bananas (1 KG) | 1.50 PAB (1.50 USD) | 10 XCD (3.70 USD) |
Oranges (1 KG) | 2 PAB (2 USD) | 12 XCD (4.44 USD) |
Tomatoes (1 KG) | 2 PAB (2 USD) | 10 XCD (3.70 USD) |
Potatoes (1 KG) | 1 PAB (1 USD) | 8 XCD (2.96 USD) |
Lemons (1 KG) | 2.50 PAB (2.50 USD) | 20 XCD (7.41 USD) |
Onions (1 KG) | 1.50 PAB (1.50 USD) | 12 XCD (4.44 USD) |
Lentils (1 KG) | 2.50 PAB (2.50 USD) | 15 XCD (5.56 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 2.36 times less for Fruits and Vegetables.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Meal at a Resonable Restaurant | 12 PAB (12 USD) | 25 XCD (9.26 USD) |
Three-Course Meal for Two | 30 PAB (30 USD) | 60 XCD (22.22 USD) |
Fast Food Combo Meal | 6 PAB (6 USD) | 15 XCD (5.56 USD) |
Normal Coffee | 2.50 PAB (2.50 USD) | 5 XCD (1.85 USD) |
Soft Drink | 1.50 PAB (1.50 USD) | 4 XCD (1.48 USD) |
Pizza for One | 12 PAB (12 USD) | 30 XCD (11.11 USD) |
Take-Out Delivery Meal | 10 PAB (10 USD) | 25 XCD (9.26 USD) |
Cigarette Pack of 20 | 6 PAB (6 USD) | 15 XCD (5.56 USD) |
Dining-Out costs 20.66% more in Panama compared to Saint Kitts and Nevis.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Wine Mid-Range Bottle | 15 PAB (15 USD) | 60 XCD (22.22 USD) |
Glass of Wine | 6 PAB (6 USD) | 15 XCD (5.56 USD) |
Domestic Beer Half Liter | 2.50 PAB (2.50 USD) | 8 XCD (2.96 USD) |
Imported Beer Half Liter | 4 PAB (4 USD) | 12 XCD (4.44 USD) |
Domestic Alcohol 1 Liter | 15 PAB (15 USD) | 40 XCD (14.82 USD) |
Branded Alcohol 1 Liter | 25 PAB (25 USD) | 70 XCD (25.93 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 1.12 times less for usual hard drinks.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Monthly Public Transportation Pass | 50 PAB (50 USD) | 150 XCD (55.56 USD) |
Single Public Transportation Ticket | 1.50 PAB (1.50 USD) | 5 XCD (1.85 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 100 PAB (100 USD) | 300 XCD (111.12 USD) |
Taxi Start Fare | 3 PAB (3 USD) | 10 XCD (3.70 USD) |
Taxi Rate Per Kilometer | 1.50 PAB (1.50 USD) | 3 XCD (1.11 USD) |
Car Rental Per Day | 30 PAB (30 USD) | 150 XCD (55.56 USD) |
Parking Fees in City Center Per Hour | 2 PAB (2 USD) | 10 XCD (3.70 USD) |
Parking Fees outside City Center Per Hour | 1 PAB (1 USD) | 5 XCD (1.85 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 1.24 times less for transportation.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Reasonable Vehicle Purchase Cost | 15,000 PAB (15,000 USD) | 30,000 XCD (11,112 USD) |
Vehicle Registration Cost | 80 PAB (80 USD) | 500 XCD (185.20 USD) |
Driving License Fees | 50 PAB (50 USD) | 100 XCD (37.04 USD) |
Car Insurance Cost | 400 PAB (400 USD) | 600 XCD (222.24 USD) |
Car Maintenance Cost | 150 PAB (150 USD) | 200 XCD (74.08 USD) |
Car Loan Interest Rates | 6 % | 8 % |
Fuel Per Liter | 1.20 PAB (1.20 USD) | 10 XCD (3.70 USD) |
Fuel Per Gallon | 4.50 PAB (4.50 USD) | 40 XCD (14.82 USD) |
Average Toll Fees | 5 PAB 5 USD | Yet to Update |
You would have to pay 1.35 times more for Vehicle purchase, daily operation and maintenance in Panama compared to that of Saint Kitts and Nevis.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Doctor Visit | 50 PAB (50 USD) | 100 XCD (37.04 USD) |
Specialist Visit | 100 PAB (100 USD) | 200 XCD (74.08 USD) |
Dentist Visit | 70 PAB (70 USD) | 150 XCD (55.56 USD) |
Eye Exam | 50 PAB (50 USD) | 50 XCD (18.52 USD) |
Mental Health Counseling | 100 PAB (100 USD) | 120 XCD (44.45 USD) |
Preventive Health Screening | 50 PAB (50 USD) | 80 XCD (29.63 USD) |
Physical Therapy | 75 PAB (75 USD) | 80 XCD (29.63 USD) |
Emergency Room Visit | 300 PAB (300 USD) | 300 XCD (111.12 USD) |
Hospital Stay Per Night | 150 PAB (150 USD) | 150 XCD (55.56 USD) |
Vaccinations | 30 PAB (30 USD) | 50 XCD (18.52 USD) |
Prescription Medication | 20 PAB (20 USD) | 40 XCD (14.82 USD) |
Over the Counter Medication | 10 PAB (10 USD) | 20 XCD (7.41 USD) |
Health Insurance Premiums | 150 PAB (150 USD) | 250 XCD (92.60 USD) |
Health Insurance Deductibles | 75 PAB (75 USD) | 200 XCD (74.08 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 1.86 times more for Health and Medical Treatment.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Cosmetic Procedures | 200 PAB (200 USD) | 250 XCD (92.60 USD) |
Spa Treatment | 75 PAB (75 USD) | 150 XCD (55.56 USD) |
Manicure Pedicure Cost | 30 PAB (30 USD) | 40 XCD (14.82 USD) |
Optical Glasses Cost | 80 PAB (80 USD) | 100 XCD (37.04 USD) |
Contact Lenses Cost | 40 PAB (40 USD) | 80 XCD (29.63 USD) |
Haircuts | 15 PAB (15 USD) | 25 XCD (9.26 USD) |
Hair Coloring | 40 PAB (40 USD) | 80 XCD (29.63 USD) |
Shampoo Price | 5 PAB (5 USD) | 10 XCD (3.70 USD) |
Toothpaste Price | 2 PAB (2 USD) | 5 XCD (1.85 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 1.78 times more for Personal Care Items and Treatment.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Pair of Nike Running Shoes | 80 PAB (80 USD) | 200 XCD (74.08 USD) |
Men's Shirt | 25 PAB (25 USD) | 60 XCD (22.22 USD) |
Women's Dress | 40 PAB (40 USD) | 200 XCD (74.08 USD) |
Summer Dress | 30 PAB (30 USD) | 120 XCD (44.45 USD) |
Men's Suit | 100 PAB (100 USD) | 600 XCD (222.24 USD) |
Men's Jeans | 40 PAB (40 USD) | 120 XCD (44.45 USD) |
Women's Jeans | 30 PAB (30 USD) | 120 XCD (44.45 USD) |
Men's Formal Shoes | 80 PAB (80 USD) | 150 XCD (55.56 USD) |
Women's Formal Shoes | 80 PAB (80 USD) | 120 XCD (44.45 USD) |
Men's Casual Shoes | 50 PAB (50 USD) | 100 XCD (37.04 USD) |
Women's Casual Shoes | 50 PAB (50 USD) | 80 XCD (29.63 USD) |
Underwear For Men | 8 PAB (8 USD) | 20 XCD (7.41 USD) |
Underwear For Women | 12 PAB (12 USD) | 25 XCD (9.26 USD) |
Socks For Men | 3 PAB (3 USD) | 10 XCD (3.70 USD) |
Socks For Women | 3 PAB (3 USD) | 10 XCD (3.70 USD) |
Wintercoat for Adults | 80 PAB (80 USD) | 200 XCD (74.08 USD) |
Sportswear | 40 PAB (40 USD) | 120 XCD (44.45 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 1.11 times less for Clothing and Footwear for Adults.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Children's Jeans | 20 PAB (20 USD) | 60 XCD (22.22 USD) |
Children's Normal Sneakers | 30 PAB (30 USD) | 80 XCD (29.63 USD) |
Children's Winter Coat | 40 PAB (40 USD) | 120 XCD (44.45 USD) |
Daycare for Infant | 200 PAB (200 USD) | 800 XCD (296.32 USD) |
Daycare for Toddler | 150 PAB (150 USD) | 600 XCD (222.24 USD) |
Childcare for Sick Days | 30 PAB (30 USD) | 50 XCD (18.52 USD) |
Early Childhood Education Programs | 150 PAB (150 USD) | 300 XCD (111.12 USD) |
Extra Curricular Activities | 100 PAB (100 USD) | 200 XCD (74.08 USD) |
Summer Camp for Kids | 150 PAB (150 USD) | 300 XCD (111.12 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 1.07 times less for Childcare and kids clothing.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
PreSchool Fees | 250 PAB (250 USD) | 1,000 XCD (370.40 USD) |
Primary School Fees | 400 PAB (400 USD) | 1,200 XCD (444.48 USD) |
Secondary School Fees | 600 PAB (600 USD) | 1,500 XCD (555.60 USD) |
Private School Fees | 1,000 PAB (1,000 USD) | 2,000 XCD (740.80 USD) |
University Tuition Fees | 2,500 PAB (2,500 USD) | 2,500 XCD (926 USD) |
University Private Tuition Fees | 3,500 PAB (3,500 USD) | 3,000 XCD (1,111.20 USD) |
After School Activities | 75 PAB (75 USD) | 100 XCD (37.04 USD) |
Special Education Services | 200 PAB (200 USD) | 300 XCD (111.12 USD) |
Tutoring | 30 PAB (30 USD) | 80 XCD (29.63 USD) |
Textbooks Cost | 50 PAB (50 USD) | 100 XCD (37.04 USD) |
School Supplies | 30 PAB (30 USD) | 50 XCD (18.52 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 1.97 times more for school and education.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Movie Ticket (Single) | 8 PAB (8 USD) | 15 XCD (5.56 USD) |
Theater Ticket (Single) | 15 PAB (15 USD) | 30 XCD (11.11 USD) |
Concert Ticket (Single) | 25 PAB (25 USD) | 50 XCD (18.52 USD) |
Sports Event Ticket (Single) | 15 PAB (15 USD) | 60 XCD (22.22 USD) |
Gym Membership | 40 PAB (40 USD) | 100 XCD (37.04 USD) |
Swimming Pool Access | 25 PAB (25 USD) | 80 XCD (29.63 USD) |
Museum Entry Ticket | 8 PAB (8 USD) | 10 XCD (3.70 USD) |
Zoo Entry Ticket | 12 PAB (12 USD) | 15 XCD (5.56 USD) |
Amusement Park Entry Ticket | 20 PAB (20 USD) | 30 XCD (11.11 USD) |
Bowling | 15 PAB (15 USD) | 20 XCD (7.41 USD) |
Mini Golf | 12 PAB (12 USD) | 15 XCD (5.56 USD) |
Video Games | 40 PAB (40 USD) | 50 XCD (18.52 USD) |
Streaming Services | 12 PAB (12 USD) | 20 XCD (7.41 USD) |
Outdoor Equipment Rental | 15 PAB (15 USD) | 30 XCD (11.11 USD) |
Theme Park Annual Pass | 500 PAB (500 USD) | 500 XCD (185.20 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 2.01 times more for entertainment, recreation and fun activities.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Language Classes | 150 PAB (150 USD) | 250 XCD (92.60 USD) |
Parenting Classes | 150 PAB (150 USD) | 200 XCD (74.08 USD) |
Art Classes | 25 PAB (25 USD) | 30 XCD (11.11 USD) |
Fitness Classes | 25 PAB (25 USD) | 20 XCD (7.41 USD) |
Music Lessons | 30 PAB (30 USD) | 50 XCD (18.52 USD) |
Dance Lessons | 30 PAB (30 USD) | 50 XCD (18.52 USD) |
Reading Materials for Classes | 8 PAB (8 USD) | 15 XCD (5.56 USD) |
Educational Software | 150 PAB (150 USD) | 150 XCD (55.56 USD) |
If you lived in Panama, instead of Saint Kitts and Nevis, you would have to pay 2.00 times more for Private Classes.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Average Gross Monthly Salary | 1,500 PAB (1,500 USD) | 3,000 XCD (1,111.20 USD) |
Average Net Monthly Salary | 1,200 PAB (1,200 USD) | 2,000 XCD (740.80 USD) |
Minimum Wages | 20 PAB per hour (20 USD) | 33.33 XCD per hour (12.35 USD) |
Average Bonus | 150 PAB (150 USD) | 500 XCD (185.20 USD) |
Income Tax Rate | 0 to 7 % | 0 to 17 % |
Social Security Contributions | 9 % | 5 % |
Pension Contributions | 10 % | 5 % |
Cost of Living Index | 50 | 50 |
Median Household Income | 1,200 PAB (1,200 USD) | 2,000 XCD (740.80 USD) |
If you lived in Panama, you would earn 1.46 times more salary as compared to Saint Kitts and Nevis.
Indicators | Panama | Saint Kitts and Nevis |
---|---|---|
Legal Consultation Per Hour Rate | 100 PAB (100 USD) | 150 XCD (55.56 USD) |
Accounting Services Per Hour Rate | 80 PAB (80 USD) | 100 XCD (37.04 USD) |
IT Support Services Per Hour Rate | 80 PAB (80 USD) | 120 XCD (44.45 USD) |
Technician Services Per Hour Rate | 60 PAB (60 USD) | 100 XCD (37.04 USD) |
Professional Services cost 1.84 times more in Panama, as compared to Saint Kitts and Nevis.
We hope you enjoyed the detailed guide on the cost of living comparsion between Panama and Saint Kitts and Nevis.
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