Cost of living comparison
Panama City is 39.6% cheaper than London.
If you lived in Panama City instead of London, you would:
pay 29.9% less for restaurants
|
London
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.83
£20.47
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.33
£8.19
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.46
£1.95
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$1.85
£1.47
|
$1.41
PAB1.41
|
|
pay 3.9% more for groceries
|
London
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.07
£1.64
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$5.65
£4.47
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$6.31
£5.00
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$4.45
£3.52
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$4.26
£3.38
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$1.56
£1.24
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.75
£0.60
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$1.44
£1.14
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$1.79
£1.42
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.69
£0.55
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.70
£0.56
|
$1.15
PAB1.15
|
|
pay 59.7% less for transportation
|
London
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.39
£5.86
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$258.31
£204.71
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$36,531.14
£28,951.62
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$35.26
£27.94
|
$16.71
PAB16.71
|
|
pay 41.6% less for housing
|
London
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$41.63
£32.99
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$2,834.46
£2,246.37
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$2,063.73
£1,635.55
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$263.90
£209.15
|
$94.84
PAB94.84
|
|
pay 72.5% less for childcare
|
London
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,333.60
£1,849.42
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$27,892.30
£22,105.18
|
$10,092.67
PAB10,092.67
|
|
pay 49.2% less for entertainment and sports
|
London
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.27
£6.55
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$4.80
£3.81
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$19.76
£15.66
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$65.66
£52.04
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$16.14
£12.79
|
$7.00
PAB7.00
|
|
pay 28.3% less for clothing
|
London
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$96.94
£76.83
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$50.55
£40.06
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$114.87
£91.04
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$135.36
£107.28
|
$108.75
PAB108.75
|
|
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