Port of Spain vs Panama City

Cost of living comparison for 2026. Port of Spain is roughly 5% more affordable than Panama City (index 29 vs 31, New York = 100). Data sourced live via AI — updated regularly.

Port of Spain
More affordable overall
5% cheaper than Panama City · Cost index: 29 vs 31

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

29✓Cost Index31
1,200Median Income /mo1,300✓
24Safety Index60✓
25Income Tax %15✓
75Internet (Mbps)75
180✓Coworking /mo200

Price Breakdown

Port of SpainCategoryPanama City
$810/month
1-BR Apartment (Center)
39% cheaper →
$1,320/month
$2.1/liter
Meal for One
52% ← cheaper
$1/liter
$18/meal
Restaurant (Mid-range)
33% ← cheaper
$12/meal
$109/month
Monthly Transit Pass
81% ← cheaper
$21/month
$112/month
Utilities (Monthly)
10% cheaper →
$124/month
$120/visit
Doctor Visit
67% ← cheaper
$40/visit

Digital Nomad Profile

Port of Spain

Internet75 Mbps
Coworking$180/mo
Café WiFifair
Englishhigh
Communitysmall
Walkability65/100

Panama City

Internet75 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability55/100

Frequently Asked Questions

Is Port of Spain cheaper than Panama City?

Port of Spain is cheaper than Panama City. Port of Spain has a cost of living index of 29/100 compared to 31/100 for Panama City (New York = 100), making it roughly 5% more affordable overall.

How much cheaper is Port of Spain than Panama City?

Port of Spain is approximately 5% cheaper than Panama City based on cost index scores (29 vs 31, where New York = 100). A person spending $3,000/month in Panama City could live a similar lifestyle for roughly $2,836/month in Port of Spain.

What is the rent comparison between Port of Spain and Panama City?

In Port of Spain, a 1-bedroom apartment in the city center costs approximately $810/month. In Panama City, the equivalent is around $1,320/month.

Which city is better for digital nomads — Port of Spain or Panama City?

Both cities have nomad infrastructure. Port of Spain offers 75 Mbps internet and coworking at ~$180/month. Panama City offers 75 Mbps and coworking at ~$200/month. Port of Spain has a cost advantage of 5%.

What is the average income in Port of Spain vs Panama City?

The median net monthly salary in Port of Spain is approximately $1,200 USD, compared to $1,300 USD in Panama City.

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