Cost of living comparison
London is 2.4 times more expensive than Panama City.
If you lived in London instead of Panama City, you would:
pay 58.2% more for restaurants
Panama City
|
London
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$12.00
PAB12.00
|
$25.22
£19.30
|
|
Fast food combo meal
McDonalds, or similar
|
$8.25
PAB8.25
|
$10.09
£7.72
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.76
PAB1.76
|
$2.54
£1.94
|
|
Bottle of water (11 fl. oz) |
$1.33
PAB1.33
|
$2.08
£1.60
|
|
pay 5.2% more for groceries
Panama City
|
London
|
||
---|---|---|---|
Bread
1 loaf
|
$2.40
PAB2.40
|
$1.96
£1.50
|
|
Local cheese (8 oz) |
$5.44
PAB5.44
|
$4.74
£3.63
|
|
Milk (1 gallon) |
$6.66
PAB6.66
|
$6.34
£4.85
|
|
Eggs
1 dozen
|
$2.54
PAB2.54
|
$3.99
£3.06
|
|
Boneless chicken breast (1 lb) |
$3.39
PAB3.39
|
$4.28
£3.27
|
|
Apples (1 lb) |
$1.40
PAB1.40
|
$1.47
£1.12
|
|
Bananas (1 lb) |
$0.62
PAB0.62
|
$0.75
£0.57
|
|
Oranges (1 lb) |
$1.30
PAB1.30
|
$1.48
£1.13
|
|
Tomatoes (1 lb) |
$1.41
PAB1.41
|
$1.76
£1.34
|
|
Potatoes (1 lb) |
$0.94
PAB0.94
|
$0.73
£0.56
|
|
Onions (1 lb) |
$0.97
PAB0.97
|
$0.67
£0.51
|
|
pay 3.8 times more for transportation
Panama City
|
London
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.69
PAB3.69
|
$7.20
£5.51
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$252.24
£193.01
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,250.00
PAB22,250.00
|
$34,406.00
£26,326.40
|
|
Taxi trip in downtown area (5 miles) |
$14.00
PAB14.00
|
$25.33
£19.38
|
|
pay 2.6 times more for housing
Panama City
|
London
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$51.82
PAB51.82
|
$39.12
£29.93
|
|
1-Bedroom apartment in downtown area |
$925.91
PAB925.91
|
$2,697.16
£2,063.79
|
|
1-Bedroom apartment outside city center |
$598.61
PAB598.61
|
$2,027.26
£1,551.20
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$86.14
PAB86.14
|
$284.51
£217.69
|
|
pay 4.2 times more for childcare
Panama City
|
London
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$408.12
PAB408.12
|
$2,321.07
£1,776.01
|
|
Middle school for 1 child, two semesters |
$9,675.75
PAB9,675.75
|
$25,293.41
£19,353.73
|
|
pay 2.4 times more for entertainment and sports
Panama City
|
London
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.50
PAB2.50
|
$8.20
£6.27
|
|
Cappuccino in mid-range area |
$3.70
PAB3.70
|
$4.56
£3.49
|
|
Pack of cigarettes
Marlboro or similar
|
$5.75
PAB5.75
|
$18.92
£14.48
|
|
Monthly membership at local gym |
$40.93
PAB40.93
|
$58.95
£45.11
|
|
Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$18.92
£14.48
|
|
pay 45.4% more for clothing
Panama City
|
London
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.94
PAB53.94
|
$103.07
£78.87
|
|
Regular dress
from H&M or similar store
|
$40.79
PAB40.79
|
$49.65
£37.99
|
|
Running shoes
Nike or Adidas
|
$82.58
PAB82.58
|
$112.31
£85.94
|
|
Men's business shoes (leather) |
$92.86
PAB92.86
|
$123.32
£94.36
|
|
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