Cost of living comparison
Panama is 30.4% cheaper than United Kingdom.
If you lived in Panama instead of United Kingdom, you would:
pay 31.4% less for restaurants
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.70
£14.82
|
$8.45
PAB8.45
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.25
£7.33
|
$7.90
PAB7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.23
£1.77
|
$1.54
PAB1.54
|
|
| Bottle of water (11 fl. oz) |
$1.57
£1.24
|
$1.17
PAB1.17
|
|
pay 18.2% more for groceries
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.53
£1.21
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$4.35
£3.45
|
$5.66
PAB5.66
|
|
| Milk (1 gallon) |
$5.92
£4.69
|
$6.43
PAB6.43
|
|
|
Eggs
1 dozen
|
$3.77
£2.99
|
$2.53
PAB2.53
|
|
| Boneless chicken breast (1 lb) |
$3.70
£2.93
|
$3.54
PAB3.54
|
|
| Apples (1 lb) |
$1.23
£0.97
|
$2.12
PAB2.12
|
|
| Bananas (1 lb) |
$0.67
£0.53
|
$0.61
PAB0.61
|
|
| Oranges (1 lb) |
$1.26
£1.00
|
$1.29
PAB1.29
|
|
| Tomatoes (1 lb) |
$1.42
£1.12
|
$1.16
PAB1.16
|
|
| Potatoes (1 lb) |
$0.65
£0.51
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.65
£0.51
|
$1.01
PAB1.01
|
|
pay 42.0% less for transportation
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.07
£5.61
|
$3.92
PAB3.92
|
|
| Monthly public transit pass |
$98.23
£77.85
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,832.80
£27,605.65
|
$18,916.67
PAB18,916.67
|
|
| Taxi trip in downtown area (5 miles) |
$17.15
£13.59
|
$16.61
PAB16.61
|
|
pay 33.3% less for housing
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$39.40
£31.23
|
$47.61
PAB47.61
|
|
| 1-Bedroom apartment in downtown area |
$1,243.58
£985.56
|
$747.76
PAB747.76
|
|
| 1-Bedroom apartment outside city center |
$1,020.84
£809.03
|
$567.84
PAB567.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$229.21
£181.65
|
$69.20
PAB69.20
|
|
pay 72.3% less for childcare
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,497.56
£1,186.85
|
$302.08
PAB302.08
|
|
| Middle school for 1 child, two semesters |
$18,629.32
£14,764.09
|
$6,548.17
PAB6,548.17
|
|
pay 37.0% less for entertainment and sports
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.63
£4.46
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$4.12
£3.27
|
$3.39
PAB3.39
|
|
|
Pack of cigarettes
Marlboro or similar
|
$17.47
£13.85
|
$5.38
PAB5.38
|
|
| Monthly membership at local gym |
$45.31
£35.91
|
$57.20
PAB57.20
|
|
| Movie ticket to theater/cinema |
$12.89
£10.22
|
$5.33
PAB5.33
|
|
pay 14.8% less for clothing
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$78.43
£62.16
|
$47.41
PAB47.41
|
|
|
Regular dress
from H&M or similar store
|
$40.13
£31.80
|
$34.81
PAB34.81
|
|
|
Running shoes
Nike or Adidas
|
$90.36
£71.61
|
$81.21
PAB81.21
|
|
| Men's business shoes (leather) |
$96.72
£76.65
|
$100.42
PAB100.42
|
|
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