Cost of living comparison

 Panama City, Panama
compared to
 Douglas, Isle of Man
Douglas vs. Panama City Cost of Living Summary

Douglas is 59.0% more expensive than Panama City.

Restaurants
pay 45.5% more in Douglas
Groceries
pay 7.9% less in Douglas
Transportation
pay 90.5% more in Douglas
Housing
pay 48.8% more in Douglas
Childcare
pay 2.3 times more in Douglas
Entertainment and Sports
pay 2.1 times more in Douglas
Clothing
pay 5.6% more in Douglas

The cost of childcare, entertainment and sports, transportation, housing, restaurants, and clothing in Douglas are more expensive than in Panama City. Notably, childcare, entertainment and sports, and transportation are significantly more expensive in Douglas.

Douglas vs. Panama City Cost Breakdown

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

pay 45.5% more for restaurants

 
Panama City
Douglas
Basic meal with drink at inexpensive restaurant $13.25
PAB13.25
$25.83
£19.19
Fast food combo meal
McDonalds, or similar
$8.00
PAB8.00
$9.04
£6.72
Bottle of Coca-Cola (11 fl. oz) $1.86
PAB1.86
$2.62
£1.95

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pay 7.9% less for groceries

 
Panama City
Douglas
Bread
1 loaf
$2.51
PAB2.51
$1.91
£1.42
Local cheese (8 oz) $6.39
PAB6.39
$3.41
£2.54
Milk (1 gallon) $6.80
PAB6.80
$6.95
£5.16

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pay 90.5% more for transportation

 
Panama City
Douglas
Gasoline (1 gallon) $3.69
PAB3.69
$7.66
£5.69
Monthly public transit pass $25.00
PAB25.00
$72.11
£53.57
New Volkswagen Golf 1.4 (standard edition) $19,750.00
PAB19,750.00
$32,288.44
£23,988.11

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pay 48.8% more for housing

 
Panama City
Douglas
Internet connection
50 mbps or faster, cable/dsl
$52.10
PAB52.10
$68.19
£50.66
1-Bedroom apartment in downtown area $1,023.81
PAB1,023.81
$1,183.91
£879.56
1-Bedroom apartment outside city center $755.88
PAB755.88
$968.65
£719.64

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pay 2.3 times more for childcare

 
Panama City
Douglas
Private preschool for 1 child, monthly $439.17
PAB439.17
$1,174.87
£872.85
Middle school for 1 child, two semesters $10,092.67
PAB10,092.67
$18,512.04
£13,753.18

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pay 2.1 times more for entertainment and sports

 
Panama City
Douglas
Domestic/local beer (1 pint) $3.00
PAB3.00
$6.33
£4.70
Cappuccino in mid-range area $3.59
PAB3.59
$5.05
£3.75
Pack of cigarettes
Marlboro or similar
$5.50
PAB5.50
$21.31
£15.83

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pay 5.6% more for clothing

 
Panama City
Douglas
Regular jeans
Levi's brand
$53.91
PAB53.91
$80.51
£59.81
Regular dress
from H&M or similar store
$37.78
PAB37.78
$39.71
£29.50
Running shoes
Nike or Adidas
$87.62
PAB87.62
$90.84
£67.49

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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: June 2025
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See the cost of living in Panama vs. Isle of Man. This provides a comparison of the average cost of living from cities within Panama and Isle of Man.

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