Cost of living comparison
compared to
Panama vs. Isle of Man Cost of Living Summary
Panama is 45.3% cheaper than Isle of Man overall.
- Restaurants
-
pay 45.9% less in Panama
- Transportation
-
pay 37.1% less in Panama
- Housing
-
pay 44.4% less in Panama
- Childcare
-
pay 74.3% less in Panama
- Entertainment and Sports
-
pay 52.3% less in Panama
- Clothing
-
pay 17.8% less in Panama
Expenses including childcare, entertainment and sports, restaurants, housing, transportation, and clothing are lower in Panama.
Panama vs. Isle of Man Cost Breakdown
If you lived in Panama instead of Isle of Man, you would:
pay 45.9% less for restaurants
|
Isle of Man
|
Panama
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$29.38
£22.02
|
$8.35
PAB8.35
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.14
£7.60
|
$7.75
PAB7.75
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
£2.02
|
$1.37
PAB1.37
|
|
| Bottle of water (11 fl. oz) |
$1.99
£1.49
|
$1.21
PAB1.21
|
|
Isle of Man vs. Panama - Cost of restaurants
pay (unknown) more for groceries
|
Isle of Man
|
Panama
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.25
£1.69
|
$2.21
PAB2.21
|
|
| Local cheese (8 oz) |
$3.56
£2.67
|
$6.02
PAB6.02
|
|
| Milk (1 gallon) |
$8.28
£6.21
|
$6.86
PAB6.86
|
|
|
Eggs
1 dozen
|
$4.99
£3.74
|
$2.47
PAB2.47
|
|
| Boneless chicken breast (1 lb) |
$3.63
£2.72
|
$3.58
PAB3.58
|
|
| Apples (1 lb) |
$1.10
£0.82
|
$2.13
PAB2.13
|
|
| Bananas (1 lb) |
$0.82
£0.61
|
$0.60
PAB0.60
|
|
| Oranges (1 lb) |
$1.30
£0.98
|
$1.40
PAB1.40
|
|
| Tomatoes (1 lb) |
$1.79
£1.35
|
$1.51
PAB1.51
|
|
| Potatoes (1 lb) |
$1.36
£1.02
|
$0.96
PAB0.96
|
|
| Onions (1 lb) |
$1.36
£1.02
|
$0.99
PAB0.99
|
Isle of Man vs. Panama - Cost of groceries
pay 37.1% less for transportation
|
Isle of Man
|
Panama
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.98
£5.98
|
$3.87
PAB3.87
|
|
| Monthly public transit pass |
$89.03
£66.74
|
$23.75
PAB23.75
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,200.43
£25,637.50
|
$23,416.67
PAB23,416.67
|
|
| Taxi trip in downtown area (5 miles) |
$18.70
£14.02
|
$20.20
PAB20.20
|
|
Isle of Man vs. Panama - Cost of transportation
pay 44.4% less for housing
|
Isle of Man
|
Panama
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.34
£55.73
|
$48.39
PAB48.39
|
|
| 1-Bedroom apartment in downtown area |
$1,259.12
£943.87
|
$765.94
PAB765.94
|
|
| 1-Bedroom apartment outside city center |
$1,096.96
£822.31
|
$630.77
PAB630.77
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$228.92
£171.61
|
$89.09
PAB89.09
|
|
Isle of Man vs. Panama - Cost of housing
pay 74.3% less for childcare
|
Isle of Man
|
Panama
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,671.96
£1,253.34
|
$363.00
PAB363.00
|
|
| Middle school for 1 child, two semesters |
$31,716.53
£23,775.50
|
$9,411.11
PAB9,411.11
|
|
Isle of Man vs. Panama - Cost of childcare
pay 52.3% less for entertainment and sports
|
Isle of Man
|
Panama
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.54
£4.91
|
$1.95
PAB1.95
|
|
| Cappuccino in mid-range area |
$5.23
£3.92
|
$3.54
PAB3.54
|
|
|
Pack of cigarettes
Marlboro or similar
|
$22.03
£16.52
|
$5.48
PAB5.48
|
|
| Monthly membership at local gym |
$65.44
£49.05
|
$51.47
PAB51.47
|
|
| Movie ticket to theater/cinema |
$16.03
£12.01
|
$5.97
PAB5.97
|
|
Isle of Man vs. Panama - Cost of entertainment and sports
pay 17.8% less for clothing
|
Isle of Man
|
Panama
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$96.82
£72.58
|
$43.33
PAB43.33
|
|
|
Regular dress
from H&M or similar store
|
$45.07
£33.78
|
$34.17
PAB34.17
|
|
|
Running shoes
Nike or Adidas
|
$112.40
£84.26
|
$80.40
PAB80.40
|
|
| Men's business shoes (leather) |
$77.90
£58.40
|
$106.46
PAB106.46
|
|
Isle of Man vs. Panama - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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