Cost of living comparison
Panama is 30.7% cheaper than United Kingdom.
If you lived in Panama instead of United Kingdom, you would:
pay 30.1% less for restaurants
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.07
£13.98
|
$8.30
PAB8.30
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.96
£6.93
|
$7.60
PAB7.60
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.14
£1.65
|
$1.55
PAB1.55
|
|
| Bottle of water (11 fl. oz) |
$1.52
£1.18
|
$1.16
PAB1.16
|
|
pay 17.0% more for groceries
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.46
£1.13
|
$2.19
PAB2.19
|
|
| Local cheese (8 oz) |
$4.24
£3.28
|
$5.28
PAB5.28
|
|
| Milk (1 gallon) |
$5.75
£4.45
|
$6.34
PAB6.34
|
|
|
Eggs
1 dozen
|
$3.68
£2.85
|
$2.42
PAB2.42
|
|
| Boneless chicken breast (1 lb) |
$3.66
£2.83
|
$3.15
PAB3.15
|
|
| Apples (1 lb) |
$1.20
£0.93
|
$1.87
PAB1.87
|
|
| Bananas (1 lb) |
$0.67
£0.52
|
$0.56
PAB0.56
|
|
| Oranges (1 lb) |
$1.22
£0.94
|
$1.31
PAB1.31
|
|
| Tomatoes (1 lb) |
$1.40
£1.09
|
$1.32
PAB1.32
|
|
| Potatoes (1 lb) |
$0.63
£0.49
|
$0.96
PAB0.96
|
|
| Onions (1 lb) |
$0.60
£0.47
|
$0.95
PAB0.95
|
|
pay 42.9% less for transportation
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.22
£5.59
|
$3.90
PAB3.90
|
|
| Monthly public transit pass |
$94.64
£73.25
|
$23.33
PAB23.33
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,464.66
£25,900.44
|
$21,000.00
PAB21,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$16.98
£13.14
|
$14.78
PAB14.78
|
|
pay 34.9% less for housing
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.59
£29.10
|
$46.90
PAB46.90
|
|
| 1-Bedroom apartment in downtown area |
$1,224.35
£947.60
|
$697.93
PAB697.93
|
|
| 1-Bedroom apartment outside city center |
$974.65
£754.34
|
$496.06
PAB496.06
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$234.45
£181.46
|
$65.23
PAB65.23
|
|
pay 70.7% less for childcare
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,426.61
£1,104.15
|
$327.08
PAB327.08
|
|
| Middle school for 1 child, two semesters |
$18,036.83
£13,959.86
|
$6,443.94
PAB6,443.94
|
|
pay 32.5% less for entertainment and sports
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.42
£4.19
|
$1.85
PAB1.85
|
|
| Cappuccino in mid-range area |
$3.93
£3.04
|
$3.35
PAB3.35
|
|
|
Pack of cigarettes
Marlboro or similar
|
$16.35
£12.66
|
$6.70
PAB6.70
|
|
| Monthly membership at local gym |
$43.82
£33.91
|
$58.09
PAB58.09
|
|
| Movie ticket to theater/cinema |
$12.87
£9.96
|
$5.75
PAB5.75
|
|
pay 21.0% less for clothing
|
United Kingdom
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.61
£59.30
|
$43.92
PAB43.92
|
|
|
Regular dress
from H&M or similar store
|
$39.64
£30.68
|
$40.61
PAB40.61
|
|
|
Running shoes
Nike or Adidas
|
$90.51
£70.05
|
$66.54
PAB66.54
|
|
| Men's business shoes (leather) |
$94.66
£73.27
|
$78.30
PAB78.30
|
|
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