Cost of living comparison

Panama

compared to

United Kingdom

United Kingdom vs. Panama Cost of Living Summary

United Kingdom is 57.6% more expensive than Panama overall.

Restaurants: pay 76.8% more in United Kingdom
Groceries: pay 13.8% less in United Kingdom
Transportation: pay 2.1 times more in United Kingdom
Housing: pay 73.0% more in United Kingdom
Childcare: pay 3.1 times more in United Kingdom
Entertainment and Sports: pay 83.4% more in United Kingdom
Clothing: pay 36.6% more in United Kingdom

The cost of childcare, transportation, entertainment and sports, restaurants, housing, and clothing in United Kingdom are more expensive than in Panama. Notably, childcare, transportation, and entertainment and sports are significantly more expensive in United Kingdom.

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United Kingdom vs. Panama Cost Breakdown

If you lived in United Kingdom instead of Panama, you would:

Display currency: USD

pay 76.8% more for restaurants

	Panama	United Kingdom
Basic meal with drink at inexpensive restaurant	$8.20 PAB8.20	$21.32 £15.99	+159.9%
Fast food combo meal McDonalds, or similar	$8.90 PAB8.90	$10.25 £7.69	+15.2%
Bottle of Coca-Cola (11 fl. oz)	$1.41 PAB1.41	$2.54 £1.91	+80.4%
Bottle of water (11 fl. oz)	$1.30 PAB1.30	$1.79 £1.35	+37.4%
Average			+76.8%

Panama vs. United Kingdom - Cost of restaurants

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pay 13.8% less for groceries

	Panama	United Kingdom
Bread 1 loaf	$2.28 PAB2.28	$1.67 £1.26	-26.7%
Local cheese (8 oz)	$6.18 PAB6.18	$4.62 £3.47	-25.2%
Milk (1 gallon)	$7.09 PAB7.09	$6.01 £4.51	-15.1%
Eggs 1 dozen	$2.56 PAB2.56	$3.96 £2.97	+55.0%
Boneless chicken breast (1 lb)	$3.42 PAB3.42	$3.93 £2.95	+15.0%
Apples (1 lb)	$1.86 PAB1.86	$1.32 £0.99	-28.8%
Bananas (1 lb)	$0.59 PAB0.59	$0.73 £0.54	+22.6%
Oranges (1 lb)	$1.76 PAB1.76	$1.21 £0.90	-31.5%
Tomatoes (1 lb)	$1.67 PAB1.67	$1.51 £1.13	-9.8%
Potatoes (1 lb)	$1.09 PAB1.09	$0.76 £0.57	-30.3%
Onions (1 lb)	$1.14 PAB1.14	$0.72 £0.54	-37.1%
Average			-13.8%

Panama vs. United Kingdom - Cost of groceries

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pay 2.1 times more for transportation

	Panama	United Kingdom
Gasoline (1 gallon)	$4.34 PAB4.34	$7.59 £5.69	+74.9%
Monthly public transit pass	$23.00 PAB23.00	$99.20 £74.43	+331.3%
New Volkswagen Golf 1.4 (standard edition)	$23,920.67 PAB23,920.67	$37,629.43 £28,233.36	+57.3%
Taxi trip in downtown area (5 miles)	$16.62 PAB16.62	$23.43 £17.58	+41.0%
Average			+107.8%

Panama vs. United Kingdom - Cost of transportation

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pay 73.0% more for housing

	Panama	United Kingdom
Internet connection 50 mbps or faster, cable/dsl	$49.81 PAB49.81	$41.42 £31.08	-16.8%
1-Bedroom apartment in downtown area	$789.50 PAB789.50	$1,299.59 £975.08	+64.6%
1-Bedroom apartment outside city center	$614.84 PAB614.84	$1,069.01 £802.08	+73.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$96.53 PAB96.53	$239.96 £180.04	+148.6%
Average			+73.0%

Panama vs. United Kingdom - Cost of housing

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pay 3.1 times more for childcare

	Panama	United Kingdom
Private preschool for 1 child, monthly	$543.33 PAB543.33	$1,589.10 £1,192.30	+192.5%
Middle school for 1 child, two semesters	$7,213.83 PAB7,213.83	$23,025.39 £17,275.95	+219.2%
Average			+205.5%

Panama vs. United Kingdom - Cost of childcare

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pay 83.4% more for entertainment and sports

	Panama	United Kingdom
Domestic/local beer (1 pint)	$2.21 PAB2.21	$6.50 £4.88	+194.0%
Cappuccino in mid-range area	$3.73 PAB3.73	$4.66 £3.50	+25.0%
Pack of cigarettes Marlboro or similar	$5.29 PAB5.29	$22.34 £16.76	+322.2%
Monthly membership at local gym	$50.91 PAB50.91	$49.72 £37.30	-2.3%
Movie ticket to theater/cinema	$6.13 PAB6.13	$14.11 £10.58	+130.0%
Average			+83.4%

Panama vs. United Kingdom - Cost of entertainment and sports

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pay 36.6% more for clothing

	Panama	United Kingdom
Regular jeans Levi's brand	$45.56 PAB45.56	$85.37 £64.05	+87.4%
Regular dress from H&M or similar store	$36.71 PAB36.71	$44.93 £33.71	+22.4%
Running shoes Nike or Adidas	$69.81 PAB69.81	$95.35 £71.54	+36.6%
Men's business shoes (leather)	$88.33 PAB88.33	$98.21 £73.68	+11.2%
Average			+36.6%

Panama vs. United Kingdom - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Panama vs. United Kingdom

Salary Calculator · Free tool

What salary would you need in United Kingdom?

Quality of Life Comparison · 23 statistics

Make 2.9 times more money in United Kingdom

Size Comparison · See true size

Panama is about 3.2 times smaller than United Kingdom.

Moving from Panama to United Kingdom · UN DESA 2020

789 people born in Panama live in United Kingdom.

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