Cost of living comparison

London, United Kingdom

compared to

Panama City, Panama

Panama City vs. London Cost of Living Summary

Panama City is 39.6% cheaper than London.

Restaurants: pay 29.9% less in Panama City
Groceries: pay 3.9% more in Panama City
Transportation: pay 59.7% less in Panama City
Housing: pay 41.6% less in Panama City
Childcare: pay 72.5% less in Panama City
Entertainment and Sports: pay 49.2% less in Panama City
Clothing: pay 28.3% less in Panama City

Expenses including childcare, transportation, entertainment and sports, housing, restaurants, and clothing are lower in Panama City.

Panama City vs. London Cost Breakdown

If you lived in Panama City instead of London, you would:

Display currency: USD

pay 29.9% less for restaurants

	London	Panama City
Basic meal with drink at inexpensive restaurant	$25.83 £19.75	$13.25 PAB13.25	-48.7%
Fast food combo meal McDonalds, or similar	$10.33 £7.90	$8.00 PAB8.00	-22.6%
Bottle of Coca-Cola (11 fl. oz)	$2.46 £1.88	$1.86 PAB1.86	-24.4%
Bottle of water (11 fl. oz)	$1.85 £1.41	$1.41 PAB1.41	-23.7%
Average			-29.9%

London vs. Panama City - Cost of restaurants

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pay 3.9% more for groceries

	London	Panama City
Bread 1 loaf	$2.07 £1.58	$2.51 PAB2.51	+21.1%
Local cheese (8 oz)	$5.65 £4.32	$6.39 PAB6.39	+13.1%
Milk (1 gallon)	$6.31 £4.82	$6.80 PAB6.80	+7.7%
Eggs 1 dozen	$4.45 £3.40	$2.68 PAB2.68	-39.8%
Boneless chicken breast (1 lb)	$4.26 £3.26	$3.41 PAB3.41	-20.0%
Apples (1 lb)	$1.56 £1.19	$1.48 PAB1.48	-5.1%
Bananas (1 lb)	$0.75 £0.58	$0.72 PAB0.72	-4.2%
Oranges (1 lb)	$1.44 £1.10	$1.24 PAB1.24	-13.8%
Tomatoes (1 lb)	$1.79 £1.37	$1.40 PAB1.40	-22.0%
Potatoes (1 lb)	$0.69 £0.53	$0.98 PAB0.98	+43.0%
Onions (1 lb)	$0.70 £0.54	$1.15 PAB1.15	+63.3%
Average			+3.9%

London vs. Panama City - Cost of groceries

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pay 59.7% less for transportation

	London	Panama City
Gasoline (1 gallon)	$7.39 £5.65	$3.69 PAB3.69	-50.1%
Monthly public transit pass	$258.31 £197.45	$25.00 PAB25.00	-90.3%
New Volkswagen Golf 1.4 (standard edition)	$36,531.14 £27,924.73	$19,750.00 PAB19,750.00	-45.9%
Taxi trip in downtown area (5 miles)	$35.26 £26.95	$16.71 PAB16.71	-52.6%
Average			-59.7%

London vs. Panama City - Cost of transportation

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pay 41.6% less for housing

	London	Panama City
Internet connection 50 mbps or faster, cable/dsl	$41.63 £31.82	$52.10 PAB52.10	+25.1%
1-Bedroom apartment in downtown area	$2,834.46 £2,166.69	$1,023.81 PAB1,023.81	-63.9%
1-Bedroom apartment outside city center	$2,063.73 £1,577.54	$755.88 PAB755.88	-63.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$263.90 £201.73	$94.84 PAB94.84	-64.1%
Average			-41.6%

London vs. Panama City - Cost of housing

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pay 72.5% less for childcare

	London	Panama City
Private preschool for 1 child, monthly	$2,333.60 £1,783.83	$439.17 PAB439.17	-81.2%
Middle school for 1 child, two semesters	$27,892.30 £21,321.13	$10,092.67 PAB10,092.67	-63.8%
Average			-72.5%

London vs. Panama City - Cost of childcare

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pay 49.2% less for entertainment and sports

	London	Panama City
Domestic/local beer (1 pint)	$8.27 £6.32	$3.00 PAB3.00	-63.7%
Cappuccino in mid-range area	$4.80 £3.67	$3.59 PAB3.59	-25.3%
Pack of cigarettes Marlboro or similar	$19.76 £15.11	$5.50 PAB5.50	-72.2%
Monthly membership at local gym	$65.66 £50.19	$47.27 PAB47.27	-28.0%
Movie ticket to theater/cinema	$16.14 £12.34	$7.00 PAB7.00	-56.6%
Average			-49.2%

London vs. Panama City - Cost of entertainment and sports

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pay 28.3% less for clothing

	London	Panama City
Regular jeans Levi's brand	$96.94 £74.10	$53.91 PAB53.91	-44.4%
Regular dress from H&M or similar store	$50.55 £38.64	$37.78 PAB37.78	-25.3%
Running shoes Nike or Adidas	$114.87 £87.81	$87.62 PAB87.62	-23.7%
Men's business shoes (leather)	$135.36 £103.47	$108.75 PAB108.75	-19.7%
Average			-28.3%

London vs. Panama City - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2025

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