Is Granada more expensive than Panama City?

Granada is 0.2% more expensive than Panama City overall. Rent is 33.7% lower, groceries 12.2% cheaper, and restaurants 6.3% more expensive.

Which city has better purchasing power, Panama City or Granada?

Panama City has a purchasing power index of 43.3 while Granada has 99.9 (NYC = 100). Granada offers better purchasing power.

Cost of Living Comparison · 2026

🇵🇦 Panama City vs 🇪🇸 Granada

2026

Granada is 0.2% more expensive

Category	🇵🇦 Panama City	🇪🇸 Granada	Difference
Cost of Living	49.3	49.4	+0.2%
Rent	27.0	17.9	-33.7%
Groceries	58.8	51.6	-12.2%
Restaurants	44.6	47.4	+6.3%
Purchasing Power	43.3	99.9	+130.7%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇵🇦 Cost of Living in Panama City

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