Cost of Living Comparison Between United Kingdom and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 31.8% lower than in United Kingdom (excluding rent) | |
| Cost of Living Including Rent in Panama is 30.9% lower than in United Kingdom | |
| Rent Prices in Panama are 28.6% lower than in United Kingdom | |
| Restaurant Prices in Panama are 41.1% lower than in United Kingdom | |
| Groceries Prices in Panama are 17.2% lower than in United Kingdom | |
| Local Purchasing Power in Panama is 62.5% lower than in United Kingdom | |
Restaurants | United Kingdom Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 £ (20.09 $) |
7.47 £ (10.00 $) |
-50.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
65.00 £ (87.04 $) |
37.34 £ (50.00 $) |
-42.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
7.50 £ (10.04 $) |
5.59 £ (7.49 $) |
-25.4 % |
| Domestic Beer (1 pint draught) |
5.00 £ (6.70 $) |
1.49 £ (2.00 $) |
-70.1 % |
| Imported Beer (12 oz small bottle) |
4.50 £ (6.03 $) |
2.61 £ (3.50 $) |
-41.9 % |
| Cappuccino (regular) |
3.40 £ (4.55 $) |
2.59 £ (3.47 $) |
-23.6 % |
| Coke/Pepsi (12 oz small bottle) |
1.77 £ (2.37 $) |
1.10 £ (1.48 $) |
-37.5 % |
| Water (12 oz small bottle) |
1.26 £ (1.69 $) |
0.91 £ (1.22 $) |
-27.5 % |
Markets | United Kingdom Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
4.70 £ (6.29 $) |
5.12 £ (6.85 $) |
+8.9 % |
| Loaf of Fresh White Bread (1 lb) |
1.12 £ (1.50 $) |
1.65 £ (2.21 $) |
+47.6 % |
| Rice (white), (1 lb) |
0.74 £ (0.99 $) |
0.78 £ (1.04 $) |
+5.4 % |
| Eggs (regular) (12) |
2.96 £ (3.97 $) |
1.99 £ (2.67 $) |
-32.7 % |
| Local Cheese (1 lb) |
3.25 £ (4.36 $) |
3.96 £ (5.31 $) |
+21.9 % |
| Chicken Fillets (1 lb) |
3.00 £ (4.01 $) |
2.46 £ (3.29 $) |
-18.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.73 £ (6.34 $) |
3.05 £ (4.08 $) |
-35.7 % |
| Apples (1 lb) |
0.99 £ (1.33 $) |
1.37 £ (1.83 $) |
+37.8 % |
| Banana (1 lb) |
0.55 £ (0.73 $) |
0.45 £ (0.60 $) |
-17.9 % |
| Oranges (1 lb) |
0.96 £ (1.29 $) |
0.95 £ (1.27 $) |
-1.3 % |
| Tomato (1 lb) |
1.19 £ (1.59 $) |
0.99 £ (1.33 $) |
-16.4 % |
| Potato (1 lb) |
0.55 £ (0.73 $) |
0.71 £ (0.95 $) |
+30.0 % |
| Onion (1 lb) |
0.51 £ (0.69 $) |
0.78 £ (1.05 $) |
+52.2 % |
| Lettuce (1 head) |
0.83 £ (1.12 $) |
1.55 £ (2.08 $) |
+85.8 % |
| Water (1.5 liter bottle) |
1.13 £ (1.51 $) |
1.16 £ (1.56 $) |
+3.3 % |
| Bottle of Wine (Mid-Range) |
8.00 £ (10.71 $) |
7.47 £ (10.00 $) |
-6.7 % |
| Domestic Beer (0.5 liter bottle) |
2.07 £ (2.78 $) |
0.90 £ (1.20 $) |
-56.7 % |
| Imported Beer (12 oz small bottle) |
2.47 £ (3.30 $) |
1.60 £ (2.15 $) |
-35.0 % |
| Cigarettes 20 Pack (Marlboro) |
14.99 £ (20.07 $) |
4.42 £ (5.92 $) |
-70.5 % |
Transportation | United Kingdom Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
2.40 £ (3.21 $) |
0.41 £ (0.55 $) |
-82.9 % |
| Monthly Pass (Regular Price) |
70.00 £ (93.74 $) |
18.67 £ (25.00 $) |
-73.3 % |
| Taxi Start (Normal Tariff) |
3.95 £ (5.29 $) |
1.68 £ (2.25 $) |
-57.5 % |
| Taxi 1 mile (Normal Tariff) |
2.80 £ (3.75 $) |
2.40 £ (3.22 $) |
-14.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
20.00 £ (26.78 $) |
15.68 £ (21.00 $) |
-21.6 % |
| Gasoline (1 gallon) |
5.46 £ (7.31 $) |
2.62 £ (3.51 $) |
-51.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,285.00 £ (37,875.85 $) |
14,935.64 £ (20,000.00 $) |
-47.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
29,770.76 £ (39,865.39 $) |
16,029.36 £ (21,464.58 $) |
-46.2 % |
Utilities (Monthly) | United Kingdom Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
238.72 £ (319.66 $) |
81.40 £ (109.00 $) |
-65.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
12.85 £ (17.21 $) |
22.00 £ (29.47 $) |
+71.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.16 £ (41.72 $) |
36.44 £ (48.80 $) |
+17.0 % |
Sports And Leisure | United Kingdom Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
34.05 £ (45.60 $) |
39.06 £ (52.30 $) |
+14.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
11.69 £ (15.65 $) |
28.00 £ (37.50 $) |
+139.6 % |
| Cinema, International Release, 1 Seat |
10.00 £ (13.39 $) |
5.23 £ (7.00 $) |
-47.7 % |
Childcare | United Kingdom Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,255.74 £ (1,681.53 $) |
333.56 £ (446.67 $) |
-73.4 % |
| International Primary School, Yearly for 1 Child |
15,483.82 £ (20,734.06 $) |
7,785.20 £ (10,425.00 $) |
-49.7 % |
Clothing And Shoes | United Kingdom Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
65.83 £ (88.15 $) |
36.04 £ (48.27 $) |
-45.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
32.88 £ (44.03 $) |
30.73 £ (41.15 $) |
-6.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
74.83 £ (100.20 $) |
62.48 £ (83.67 $) |
-16.5 % |
| 1 Pair of Men Leather Business Shoes |
75.90 £ (101.63 $) |
82.49 £ (110.45 $) |
+8.7 % |
Rent Per Month | United Kingdom Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
1,038.01 £ (1,389.97 $) |
687.38 £ (920.45 $) |
-33.8 % |
| Apartment (1 bedroom) Outside of Centre |
841.50 £ (1,126.83 $) |
521.72 £ (698.62 $) |
-38.0 % |
| Apartment (3 bedrooms) in City Centre |
1,731.18 £ (2,318.19 $) |
1,348.34 £ (1,805.53 $) |
-22.1 % |
| Apartment (3 bedrooms) Outside of Centre |
1,361.48 £ (1,823.12 $) |
993.22 £ (1,330.00 $) |
-27.0 % |
Buy Apartment Price | United Kingdom Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
442.30 £ (592.27 $) |
150.03 £ (200.90 $) |
-66.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
350.70 £ (469.61 $) |
107.21 £ (143.56 $) |
-69.4 % |
Salaries And Financing | United Kingdom Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
2,381.51 £ (3,189.02 $) |
617.05 £ (826.28 $) |
-74.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.76 | 6.30 | +9.4 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 3008 | 91 |
Moving to Panama? Explore:
Other comparisons United Kingdom vs Panama: