Cost of living comparison
United Kingdom is 54.7% more expensive than Panama.
If you lived in United Kingdom instead of Panama, you would:
pay 26.8% more for restaurants
|
Panama
|
United Kingdom
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.60
PAB7.60
|
$16.45
£13.65
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.15
PAB7.15
|
$7.12
£5.91
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.68
PAB1.68
|
$1.71
£1.42
|
|
| Bottle of water (11 fl. oz) |
$1.40
PAB1.40
|
$1.25
£1.04
|
|
pay 17.9% less for groceries
|
Panama
|
United Kingdom
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.03
PAB2.03
|
$1.19
£0.99
|
|
| Local cheese (8 oz) |
$5.67
PAB5.67
|
$3.41
£2.83
|
|
| Milk (1 gallon) |
$6.13
PAB6.13
|
$4.30
£3.57
|
|
|
Eggs
1 dozen
|
$2.09
PAB2.09
|
$2.38
£1.98
|
|
| Boneless chicken breast (1 lb) |
$3.01
PAB3.01
|
$3.06
£2.54
|
|
| Apples (1 lb) |
$1.72
PAB1.72
|
$1.02
£0.85
|
|
| Bananas (1 lb) |
$0.56
PAB0.56
|
$0.63
£0.52
|
|
| Oranges (1 lb) |
$0.98
PAB0.98
|
$0.95
£0.79
|
|
| Tomatoes (1 lb) |
$1.21
PAB1.21
|
$1.15
£0.95
|
|
| Potatoes (1 lb) |
$0.87
PAB0.87
|
$0.63
£0.52
|
|
| Onions (1 lb) |
$0.88
PAB0.88
|
$0.55
£0.45
|
|
pay 75.3% more for transportation
|
Panama
|
United Kingdom
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.77
PAB3.77
|
$7.17
£5.95
|
|
| Monthly public transit pass |
$30.14
PAB30.14
|
$92.01
£76.36
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,416.67
PAB20,416.67
|
$24,219.88
£20,098.72
|
|
| Taxi trip in downtown area (5 miles) |
$18.20
PAB18.20
|
$15.92
£13.21
|
|
pay 46.1% more for housing
|
Panama
|
United Kingdom
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.06
PAB51.06
|
$37.70
£31.29
|
|
| 1-Bedroom apartment in downtown area |
$744.83
PAB744.83
|
$1,003.85
£833.04
|
|
| 1-Bedroom apartment outside city center |
$422.47
PAB422.47
|
$804.91
£667.95
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$83.26
PAB83.26
|
$154.44
£128.16
|
|
pay 2.3 times more for childcare
|
Panama
|
United Kingdom
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$408.75
PAB408.75
|
$1,113.22
£923.80
|
|
| Middle school for 1 child, two semesters |
$8,339.33
PAB8,339.33
|
$15,982.03
£13,262.59
|
|
pay 2.1 times more for entertainment and sports
|
Panama
|
United Kingdom
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$4.58
£3.80
|
|
| Cappuccino in mid-range area |
$2.94
PAB2.94
|
$3.39
£2.81
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.33
PAB5.33
|
$13.94
£11.57
|
|
| Monthly membership at local gym |
$31.46
PAB31.46
|
$40.99
£34.02
|
|
| Movie ticket to theater/cinema |
$4.27
PAB4.27
|
$11.75
£9.75
|
|
pay 14.6% more for clothing
|
Panama
|
United Kingdom
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.14
PAB45.14
|
$71.73
£59.53
|
|
|
Regular dress
from H&M or similar store
|
$41.78
PAB41.78
|
$36.82
£30.56
|
|
|
Running shoes
Nike or Adidas
|
$68.21
PAB68.21
|
$76.65
£63.61
|
|
| Men's business shoes (leather) |
$78.97
PAB78.97
|
$78.28
£64.96
|
|
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