Cost of Living Comparison Between United Kingdom and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 29.3% lower than in United Kingdom (without rent) | |
| Cost of Living Including Rent in Panama is 28.4% lower than in United Kingdom | |
| Rent Prices in Panama are 26.3% lower than in United Kingdom | |
| Restaurant Prices in Panama are 39.1% lower than in United Kingdom | |
| Groceries Prices in Panama are 14.0% lower than in United Kingdom | |
| Local Purchasing Power in Panama is 62.6% lower than in United Kingdom | |
Restaurants | United Kingdom Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 £ (19.42 $) |
7.72 £ (10.00 $) |
-48.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
65.00 £ (84.15 $) |
38.62 £ (50.00 $) |
-40.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
7.50 £ (9.71 $) |
5.79 £ (7.49 $) |
-22.9 % |
| Domestic Beer (1 pint draught) |
5.00 £ (6.47 $) |
1.54 £ (2.00 $) |
-69.1 % |
| Imported Beer (12 oz small bottle) |
4.50 £ (5.83 $) |
2.70 £ (3.50 $) |
-39.9 % |
| Cappuccino (regular) |
3.38 £ (4.37 $) |
2.68 £ (3.47 $) |
-20.6 % |
| Coke/Pepsi (12 oz small bottle) |
1.77 £ (2.29 $) |
1.14 £ (1.48 $) |
-35.5 % |
| Water (12 oz small bottle) |
1.26 £ (1.63 $) |
0.96 £ (1.24 $) |
-24.0 % |
Markets | United Kingdom Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
4.70 £ (6.08 $) |
5.30 £ (6.86 $) |
+12.8 % |
| Loaf of Fresh White Bread (1 lb) |
1.12 £ (1.45 $) |
1.70 £ (2.20 $) |
+51.2 % |
| Rice (white), (1 lb) |
0.75 £ (0.96 $) |
0.83 £ (1.08 $) |
+11.8 % |
| Eggs (regular) (12) |
2.96 £ (3.84 $) |
2.07 £ (2.68 $) |
-30.1 % |
| Local Cheese (1 lb) |
3.25 £ (4.21 $) |
4.10 £ (5.31 $) |
+26.2 % |
| Chicken Fillets (1 lb) |
3.00 £ (3.88 $) |
2.52 £ (3.26 $) |
-16.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.71 £ (6.09 $) |
3.18 £ (4.12 $) |
-32.5 % |
| Apples (1 lb) |
0.99 £ (1.28 $) |
1.36 £ (1.76 $) |
+37.7 % |
| Banana (1 lb) |
0.54 £ (0.70 $) |
0.48 £ (0.62 $) |
-12.4 % |
| Oranges (1 lb) |
0.96 £ (1.25 $) |
0.96 £ (1.24 $) |
-0.3 % |
| Tomato (1 lb) |
1.19 £ (1.54 $) |
1.03 £ (1.33 $) |
-13.3 % |
| Potato (1 lb) |
0.55 £ (0.71 $) |
0.73 £ (0.95 $) |
+34.5 % |
| Onion (1 lb) |
0.51 £ (0.67 $) |
0.84 £ (1.09 $) |
+64.0 % |
| Lettuce (1 head) |
0.83 £ (1.07 $) |
1.60 £ (2.07 $) |
+92.8 % |
| Water (1.5 liter bottle) |
1.12 £ (1.46 $) |
1.24 £ (1.60 $) |
+10.1 % |
| Bottle of Wine (Mid-Range) |
8.00 £ (10.36 $) |
7.72 £ (10.00 $) |
-3.4 % |
| Domestic Beer (0.5 liter bottle) |
2.06 £ (2.67 $) |
0.93 £ (1.20 $) |
-55.0 % |
| Imported Beer (12 oz small bottle) |
2.46 £ (3.18 $) |
1.73 £ (2.24 $) |
-29.6 % |
| Cigarettes 20 Pack (Marlboro) |
14.60 £ (18.90 $) |
4.52 £ (5.85 $) |
-69.0 % |
Transportation | United Kingdom Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
2.40 £ (3.11 $) |
0.46 £ (0.60 $) |
-80.7 % |
| Monthly Pass (Regular Price) |
70.00 £ (90.62 $) |
19.31 £ (25.00 $) |
-72.4 % |
| Taxi Start (Normal Tariff) |
3.85 £ (4.98 $) |
1.74 £ (2.25 $) |
-54.9 % |
| Taxi 1 mile (Normal Tariff) |
2.70 £ (3.50 $) |
2.49 £ (3.22 $) |
-8.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
20.00 £ (25.89 $) |
16.22 £ (21.00 $) |
-18.9 % |
| Gasoline (1 gallon) |
5.47 £ (7.08 $) |
2.71 £ (3.51 $) |
-50.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,285.00 £ (36,616.36 $) |
15,449.38 £ (20,000.00 $) |
-45.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
29,752.12 £ (38,515.62 $) |
16,580.73 £ (21,464.58 $) |
-44.3 % |
Utilities (Monthly) | United Kingdom Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
238.81 £ (309.15 $) |
84.20 £ (109.00 $) |
-64.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
12.78 £ (16.55 $) |
22.76 £ (29.47 $) |
+78.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
30.98 £ (40.10 $) |
37.73 £ (48.85 $) |
+21.8 % |
Sports And Leisure | United Kingdom Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
33.85 £ (43.82 $) |
40.48 £ (52.40 $) |
+19.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
11.50 £ (14.89 $) |
28.97 £ (37.50 $) |
+151.8 % |
| Cinema, International Release, 1 Seat |
10.00 £ (12.95 $) |
5.41 £ (7.00 $) |
-45.9 % |
Childcare | United Kingdom Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,247.53 £ (1,614.99 $) |
345.04 £ (446.67 $) |
-72.3 % |
| International Primary School, Yearly for 1 Child |
15,402.61 £ (19,939.46 $) |
8,052.99 £ (10,425.00 $) |
-47.7 % |
Clothing And Shoes | United Kingdom Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
65.32 £ (84.57 $) |
37.28 £ (48.27 $) |
-42.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
32.68 £ (42.30 $) |
31.79 £ (41.15 $) |
-2.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
74.73 £ (96.75 $) |
64.63 £ (83.67 $) |
-13.5 % |
| 1 Pair of Men Leather Business Shoes |
76.03 £ (98.42 $) |
85.32 £ (110.45 $) |
+12.2 % |
Rent Per Month | United Kingdom Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
1,032.53 £ (1,336.66 $) |
712.83 £ (922.79 $) |
-31.0 % |
| Apartment (1 bedroom) Outside of Centre |
838.40 £ (1,085.36 $) |
551.65 £ (714.14 $) |
-34.2 % |
| Apartment (3 bedrooms) in City Centre |
1,733.29 £ (2,243.83 $) |
1,354.71 £ (1,753.74 $) |
-21.8 % |
| Apartment (3 bedrooms) Outside of Centre |
1,362.52 £ (1,763.85 $) |
1,042.83 £ (1,350.00 $) |
-23.5 % |
Buy Apartment Price | United Kingdom Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
447.57 £ (579.40 $) |
159.35 £ (206.28 $) |
-64.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
355.44 £ (460.13 $) |
110.90 £ (143.56 $) |
-68.8 % |
Salaries And Financing | United Kingdom Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
2,384.86 £ (3,087.32 $) |
638.28 £ (826.28 $) |
-73.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.77 | 6.30 | +9.2 % |
| Last update: | March 2025 | March 2025 | |
| Contributors in the past 12 months: | 2884 | 90 |
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