Cost of living comparison

Panama City, Panama

compared to

London, United Kingdom

London vs. Panama City Cost of Living Summary

London is 2.4 times more expensive than Panama City.

Restaurants: pay 46.9% more in London
Groceries: pay 3.6% more in London
Transportation: pay 4.1 times more in London
Housing: pay 2.3 times more in London
Childcare: pay 4.0 times more in London
Entertainment and Sports: pay 2.3 times more in London
Clothing: pay 42.3% more in London

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

London vs. Panama City Cost Breakdown

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

Display currency: USD

pay 46.9% more for restaurants

	Panama City	London
Basic meal with drink at inexpensive restaurant	$13.25 PAB13.25	$25.83 £19.19	+94.9%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$10.33 £7.68	+29.2%
Bottle of Coca-Cola (11 fl. oz)	$1.86 PAB1.86	$2.46 £1.83	+32.3%
Bottle of water (11 fl. oz)	$1.41 PAB1.41	$1.85 £1.37	+31.1%
Average			+46.9%

Panama City vs. London - Cost of restaurants

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pay 3.6% more for groceries

	Panama City	London
Bread 1 loaf	$2.51 PAB2.51	$2.07 £1.54	-17.4%
Local cheese (8 oz)	$6.39 PAB6.39	$5.65 £4.19	-11.6%
Milk (1 gallon)	$6.80 PAB6.80	$6.31 £4.69	-7.2%
Eggs 1 dozen	$2.68 PAB2.68	$4.45 £3.30	+66.2%
Boneless chicken breast (1 lb)	$3.41 PAB3.41	$4.26 £3.16	+25.0%
Apples (1 lb)	$1.48 PAB1.48	$1.56 £1.16	+5.4%
Bananas (1 lb)	$0.72 PAB0.72	$0.75 £0.56	+4.3%
Oranges (1 lb)	$1.24 PAB1.24	$1.44 £1.07	+16.0%
Tomatoes (1 lb)	$1.40 PAB1.40	$1.79 £1.33	+28.2%
Potatoes (1 lb)	$0.98 PAB0.98	$0.69 £0.51	-30.1%
Onions (1 lb)	$1.15 PAB1.15	$0.70 £0.52	-38.8%
Average			+3.6%

Panama City vs. London - Cost of groceries

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pay 4.1 times more for transportation

	Panama City	London
Gasoline (1 gallon)	$3.69 PAB3.69	$7.39 £5.49	+100.3%
Monthly public transit pass	$25.00 PAB25.00	$258.31 £191.90	+933.2%
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$36,531.14 £27,140.15	+85.0%
Taxi trip in downtown area (5 miles)	$16.71 PAB16.71	$35.26 £26.20	+111.1%
Average			+307.4%

Panama City vs. London - Cost of transportation

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pay 2.3 times more for housing

	Panama City	London
Internet connection 50 mbps or faster, cable/dsl	$52.10 PAB52.10	$41.63 £30.93	-20.1%
1-Bedroom apartment in downtown area	$1,023.81 PAB1,023.81	$2,834.46 £2,105.81	+176.9%
1-Bedroom apartment outside city center	$755.88 PAB755.88	$2,063.73 £1,533.21	+173.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$94.84 PAB94.84	$263.90 £196.06	+178.3%
Average			+127.0%

Panama City vs. London - Cost of housing

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pay 4.0 times more for childcare

	Panama City	London
Private preschool for 1 child, monthly	$439.17 PAB439.17	$2,333.60 £1,733.71	+431.4%
Middle school for 1 child, two semesters	$10,092.67 PAB10,092.67	$27,892.30 £20,722.08	+176.4%
Average			+303.9%

Panama City vs. London - Cost of childcare

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pay 2.3 times more for entertainment and sports

	Panama City	London
Domestic/local beer (1 pint)	$3.00 PAB3.00	$8.27 £6.14	+175.5%
Cappuccino in mid-range area	$3.59 PAB3.59	$4.80 £3.57	+33.8%
Pack of cigarettes Marlboro or similar	$5.50 PAB5.50	$19.76 £14.68	+259.3%
Monthly membership at local gym	$47.27 PAB47.27	$65.66 £48.78	+38.9%
Movie ticket to theater/cinema	$7.00 PAB7.00	$16.14 £11.99	+130.6%
Average			+127.6%

Panama City vs. London - Cost of entertainment and sports

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pay 42.3% more for clothing

	Panama City	London
Regular jeans Levi's brand	$53.91 PAB53.91	$96.94 £72.02	+79.8%
Regular dress from H&M or similar store	$37.78 PAB37.78	$50.55 £37.55	+33.8%
Running shoes Nike or Adidas	$87.62 PAB87.62	$114.87 £85.34	+31.1%
Men's business shoes (leather)	$108.75 PAB108.75	$135.36 £100.57	+24.5%
Average			+42.3%

Panama City vs. London - 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: June 2025

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