Cost of living comparison
Isle of Man is 94.1% more expensive than Panama overall.
- Restaurants
-
pay 87.8% more in Isle of Man
- Groceries
-
pay 3.0% less in Isle of Man
- Transportation
-
pay 89.4% more in Isle of Man
- Housing
-
pay 93.6% more in Isle of Man
- Childcare
-
pay 3.4 times more in Isle of Man
- Entertainment and Sports
-
pay 2.4 times more in Isle of Man
- Clothing
-
pay 16.4% more in Isle of Man
The cost of childcare, entertainment and sports, housing, transportation, restaurants, and clothing in Isle of Man are more expensive than in Panama. Notably, childcare, entertainment and sports, and housing are significantly more expensive in Isle of Man.
If you lived in Isle of Man instead of Panama, you would:
pay 87.8% more for restaurants
|
Panama
|
Isle of Man
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$25.83
£20.06
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$9.04
£7.02
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$2.62
£2.04
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.87
£1.45
|
|
pay 3.0% less for groceries
|
Panama
|
Isle of Man
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.91
£1.48
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$3.41
£2.65
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$6.95
£5.40
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.74
£2.90
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$3.80
£2.95
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.13
£0.88
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.74
£0.57
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.03
£0.80
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.36
£1.06
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.74
£0.58
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$1.10
£0.85
|
|
pay 89.4% more for transportation
|
Panama
|
Isle of Man
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$7.66
£5.95
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$72.11
£55.99
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$32,288.44
£25,071.58
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$17.18
£13.34
|
|
pay 93.6% more for housing
|
Panama
|
Isle of Man
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$68.19
£52.95
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$1,183.91
£919.29
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$968.65
£752.15
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$209.19
£162.44
|
|
pay 3.4 times more for childcare
|
Panama
|
Isle of Man
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$1,174.87
£912.27
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$18,512.04
£14,374.37
|
|
pay 2.4 times more for entertainment and sports
|
Panama
|
Isle of Man
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$6.33
£4.91
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$5.05
£3.92
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$21.31
£16.55
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$52.74
£40.95
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$12.27
£9.53
|
|
pay 16.4% more for clothing
|
Panama
|
Isle of Man
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$80.51
£62.51
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$39.71
£30.84
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$90.84
£70.53
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$70.17
£54.49
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Isle of Man or Panama. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.