Cost of living comparison
London is 2.4 times more expensive than Panama City.
If you lived in London instead of Panama City, you would:
pay 58.2% more for restaurants
|
Panama City
|
London
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$12.00
PAB12.00
|
$25.22
£19.52
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.25
PAB8.25
|
$10.09
£7.81
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.76
PAB1.76
|
$2.54
£1.96
|
|
| Bottle of water (11 fl. oz) |
$1.33
PAB1.33
|
$2.08
£1.61
|
|
pay 5.2% more for groceries
|
Panama City
|
London
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.40
PAB2.40
|
$1.96
£1.51
|
|
| Local cheese (8 oz) |
$5.44
PAB5.44
|
$4.74
£3.67
|
|
| Milk (1 gallon) |
$6.66
PAB6.66
|
$6.34
£4.90
|
|
|
Eggs
1 dozen
|
$2.54
PAB2.54
|
$3.99
£3.09
|
|
| Boneless chicken breast (1 lb) |
$3.39
PAB3.39
|
$4.28
£3.31
|
|
| Apples (1 lb) |
$1.40
PAB1.40
|
$1.47
£1.14
|
|
| Bananas (1 lb) |
$0.62
PAB0.62
|
$0.75
£0.58
|
|
| Oranges (1 lb) |
$1.30
PAB1.30
|
$1.48
£1.15
|
|
| Tomatoes (1 lb) |
$1.41
PAB1.41
|
$1.76
£1.36
|
|
| Potatoes (1 lb) |
$0.94
PAB0.94
|
$0.73
£0.56
|
|
| Onions (1 lb) |
$0.97
PAB0.97
|
$0.67
£0.52
|
|
pay 3.8 times more for transportation
|
Panama City
|
London
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$7.20
£5.57
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$252.24
£195.23
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$34,406.00
£26,629.00
|
|
| Taxi trip in downtown area (5 miles) |
$14.00
PAB14.00
|
$25.33
£19.60
|
|
pay 2.6 times more for housing
|
Panama City
|
London
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.82
PAB51.82
|
$39.12
£30.28
|
|
| 1-Bedroom apartment in downtown area |
$925.91
PAB925.91
|
$2,697.16
£2,087.51
|
|
| 1-Bedroom apartment outside city center |
$598.61
PAB598.61
|
$2,027.26
£1,569.03
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$86.14
PAB86.14
|
$284.51
£220.20
|
|
pay 4.2 times more for childcare
|
Panama City
|
London
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$408.12
PAB408.12
|
$2,321.07
£1,796.42
|
|
| Middle school for 1 child, two semesters |
$9,675.75
PAB9,675.75
|
$25,293.41
£19,576.19
|
|
pay 2.4 times more for entertainment and sports
|
Panama City
|
London
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$8.20
£6.34
|
|
| Cappuccino in mid-range area |
$3.70
PAB3.70
|
$4.56
£3.53
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.75
PAB5.75
|
$18.92
£14.64
|
|
| Monthly membership at local gym |
$40.93
PAB40.93
|
$58.95
£45.62
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$18.92
£14.64
|
|
pay 45.4% more for clothing
|
Panama City
|
London
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.94
PAB53.94
|
$103.07
£79.77
|
|
|
Regular dress
from H&M or similar store
|
$40.79
PAB40.79
|
$49.65
£38.43
|
|
|
Running shoes
Nike or Adidas
|
$82.58
PAB82.58
|
$112.31
£86.93
|
|
| Men's business shoes (leather) |
$92.86
PAB92.86
|
$123.32
£95.44
|
|
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