Cost of living comparison
Isle of Man is 65.3% more expensive than Panama.
If you lived in Isle of Man instead of Panama, you would:
pay 72.3% more for restaurants
Panama
|
Isle of Man
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.30
PAB8.30
|
$23.96
£18.86
|
|
Fast food combo meal
McDonalds, or similar
|
$7.60
PAB7.60
|
$8.64
£6.80
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$2.15
£1.69
|
|
Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$1.72
£1.35
|
|
pay 11.6% less for groceries
Panama
|
Isle of Man
|
||
---|---|---|---|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.66
£1.31
|
|
Local cheese (8 oz) |
$5.28
PAB5.28
|
$3.06
£2.41
|
|
Milk (1 gallon) |
$6.34
PAB6.34
|
$5.87
£4.62
|
|
Eggs
1 dozen
|
$2.42
PAB2.42
|
$2.96
£2.33
|
|
Boneless chicken breast (1 lb) |
$3.15
PAB3.15
|
$3.48
£2.74
|
|
Apples (1 lb) |
$1.87
PAB1.87
|
$1.03
£0.81
|
|
Bananas (1 lb) |
$0.56
PAB0.56
|
$0.64
£0.51
|
|
Oranges (1 lb) |
$1.31
PAB1.31
|
$1.00
£0.79
|
|
Tomatoes (1 lb) |
$1.32
PAB1.32
|
$1.67
£1.32
|
|
Potatoes (1 lb) |
$0.96
PAB0.96
|
$0.51
£0.40
|
|
Onions (1 lb) |
$0.95
PAB0.95
|
$0.82
£0.64
|
|
pay 57.8% more for transportation
Panama
|
Isle of Man
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.90
PAB3.90
|
$7.63
£6.01
|
|
Monthly public transit pass |
$23.33
PAB23.33
|
$40.36
£31.77
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,000.00
PAB21,000.00
|
$31,530.42
£24,817.34
|
|
Taxi trip in downtown area (5 miles) |
$14.78
PAB14.78
|
$16.65
£13.10
|
|
pay 70.1% more for housing
Panama
|
Isle of Man
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$46.90
PAB46.90
|
$60.75
£47.81
|
|
1-Bedroom apartment in downtown area |
$697.93
PAB697.93
|
$1,127.21
£887.22
|
|
1-Bedroom apartment outside city center |
$496.06
PAB496.06
|
$938.03
£738.32
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.23
PAB65.23
|
$130.63
£102.82
|
|
pay 2.9 times more for childcare
Panama
|
Isle of Man
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$327.08
PAB327.08
|
$1,008.97
£794.16
|
|
Middle school for 1 child, two semesters |
$6,443.94
PAB6,443.94
|
$18,077.44
£14,228.61
|
|
pay 76.5% more for entertainment and sports
Panama
|
Isle of Man
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$4.79
£3.77
|
|
Cappuccino in mid-range area |
$3.35
PAB3.35
|
$4.18
£3.29
|
|
Pack of cigarettes
Marlboro or similar
|
$6.70
PAB6.70
|
$15.13
£11.91
|
|
Monthly membership at local gym |
$58.09
PAB58.09
|
$43.72
£34.41
|
|
Movie ticket to theater/cinema |
$5.75
PAB5.75
|
$11.35
£8.93
|
|
pay 2.6% less for clothing
Panama
|
Isle of Man
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$43.92
PAB43.92
|
$52.97
£41.69
|
|
Regular dress
from H&M or similar store
|
$40.61
PAB40.61
|
$34.05
£26.80
|
|
Running shoes
Nike or Adidas
|
$66.54
PAB66.54
|
$64.95
£51.12
|
|
Men's business shoes (leather) |
$78.30
PAB78.30
|
$68.53
£53.94
|
|
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