Last update: Oct 2026

Cost of Living Comparison Between Panama City and Southampton

For one person, living is cheaper in Panama City: $1,857 a month against $3,694 in Southampton, rent and utilities included – about $22,000 less a year. Other living expenses account for most of the difference.

90

Cost of Living Index in Panama City
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Panama City Living Index
179

Cost of Living Index in Southampton
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Southampton Living Index

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Panama City

🇵🇦 Panama

$1,857

/mo nomad

Southampton

🇧🇲 Bermuda

$3,694

/mo nomad

Monthly Cost of Living

How much you'll spend in Panama City and in Southampton

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Panama City and in Southampton actually costs, broken down by who's living it.

A single person spends $1,857 per month in Panama City vs $3,694 in Southampton, rent included.

Panama City $1,857
Southampton $3,694

A couple spends around $2,815 per month in Panama City vs $8,281 in Southampton, rent included.

Panama City $2,815
Southampton $8,281

A family of three spends $3,773 per month in Panama City vs $12.9K in Southampton, rent included.

Panama City $3,773
Southampton $12.9K

Panama City is about 50% cheaper than Southampton, and outside of rent the biggest gap is in groceries.

Both Panama City and Southampton sit above the global median – Panama City by 37%, Southampton by 173%.

Meal at Budget Restaurant

$11.68 PAB 11.68

$50.7 BMD 50.7

-76.96%

Three-Course Dinner for Two, Mid-Range

$47.76 PAB 47.76

$151 BMD 151

-68.35%

Fast Food Meal (McDonalds, etc)

$8.12 PAB 8.12

$16.82 BMD 16.82

-51.72%

Cappuccino

$4.23 PAB 4.23

$6.02 BMD 6.02

-29.73%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.92 PAB 1.92

$2.98 BMD 2.98

-35.57%

Water (0.33 liter bottle)

$1.58 PAB 1.58

$3.09 BMD 3.09

-48.87%

Local Beer (0.5 liter draught)

$3.31 PAB 3.31

$7.55 BMD 7.55

-56.16%

Imported Beer (0.33 liter bottle)

$3.98 PAB 3.98

$9.03 BMD 9.03

-55.92%

Milk (1 liter)

$1.92 PAB 1.92

$4.79 BMD 4.79

-59.92%

White Bread (500g)

$2.63 PAB 2.63

$7.98 BMD 7.98

-67.04%

Rice (white) (1kg)

$3.39 PAB 3.39

$5.45 BMD 5.45

-37.80%

Eggs

$2.67 PAB 2.67

$7.33 BMD 7.33

-63.57%

Local Cheese (1kg)

$12.21 PAB 12.21

$23.09 BMD 23.09

-47.12%

Chicken Fillets (1kg)

$6.91 PAB 6.91

$21.09 BMD 21.09

-67.24%

Beef Round Steak (1kg)

$10.58 PAB 10.58

$19.30 BMD 19.30

-45.18%

Apples (1kg)

$4.16 PAB 4.16

$8.88 BMD 8.88

-53.15%

Banana (1kg)

$1.97 PAB 1.97

$6.79 BMD 6.79

-70.99%

Oranges (1kg)

$4.06 PAB 4.06

$7.23 BMD 7.23

-43.85%

Tomato (1kg)

$4.18 PAB 4.18

$8.49 BMD 8.49

-50.77%

Potato (1kg)

$3.47 PAB 3.47

$5.86 BMD 5.86

-40.78%

Onion (1kg)

$4.26 PAB 4.26

$4.13 BMD 4.13

3.15%

Lettuce (1 head)

$2.44 PAB 2.44

$6.39 BMD 6.39

-61.82%

Water (1.5 liter bottle)

$1.69 PAB 1.69

$3.39 BMD 3.39

-50.15%

Cigarettes 20 Pack (Marlboro, Camel)

$5.83 PAB 5.83

$18.34 BMD 18.34

-68.21%

Wine (Bottle)

$11.43 PAB 11.43

$23.79 BMD 23.79

-51.95%

Local Beer (0.5 liter bottle)

$1.38 PAB 1.38

$5.12 BMD 5.12

-73.05%

Imported Beer (0.33 liter bottle)

$2.76 PAB 2.76

$4.20 BMD 4.20

-34.29%

One-way Ticket (Public Transport)

$0.33 PAB 0.33

Public Transport Monthly Pass (Regular Price)

$20.63 PAB 20.63

Taxi Start (Normal Tariff)

$2.55 PAB 2.55

$6.60 BMD 6.60

-61.36%

Taxi (Normal Tariff) (1km)

$1.78 PAB 1.78

$3.07 BMD 3.07

-42.02%

Taxi 1hour Waiting (Normal Tariff)

$22.17 PAB 22.17

$70.9 BMD 70.9

-68.71%

Gasoline (1 liter)

$1.24 PAB 1.24

$2.10 BMD 2.10

-40.95%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$24.4K PAB 24.4K

$37.4K BMD 37.4K

-34.66%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$21.3K PAB 21.3K

$43.4K BMD 43.4K

-50.94%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$131 PAB 131

$288 BMD 288

-54.44%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$27.83 PAB 27.83

$148 BMD 148

-81.13%

Internet (50+ Mbps, Unlimited Data)

$49.32 PAB 49.32

$162 BMD 162

-69.58%

Gym Membership (Monthly)

$45.69 PAB 45.69

Tennis Court (1 Hour on Weekend)

$34.10 PAB 34.10

Cinema Ticket

$8.47 PAB 8.47

$13.37 BMD 13.37

-36.65%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$553 PAB 553

$1,314 BMD 1,314

-57.88%

International Primary School, 1 Child (Yearly)

$9,719 PAB 9,719

$24.9K BMD 24.9K

-60.98%

Jeans (Levis 501 Or Similar)

$66.4 PAB 66.4

$90.3 BMD 90.3

-26.39%

Summer Dress (H&M, Zara, etc)

$47.39 PAB 47.39

$70.2 BMD 70.2

-32.48%

Sport Shoes (Adidas, Nike)

$95.7 PAB 95.7

$141 BMD 141

-32.03%

Men's Leather Business Shoes

$113 PAB 113

$131 BMD 131

-14.04%

1-bedroom Apartment, City Center (Monthly)

$1,322 PAB 1,322

1-bedroom Apartment, Outside City Center (Monthly)

$874 PAB 874

$1,503 BMD 1,503

-41.85%

3-bedroom Apartment, City Center (Monthly)

$2,153 PAB 2,153

3-bedroom Apartment, Outside City Center (Monthly)

$1,580 PAB 1,580

$7,867 BMD 7,867

-79.91%

Buy Apartment in City Center (m2)

$3,097 PAB 3,097

Buy Apartment Outside City Center (m2)

$1,698 PAB 1,698

Average Monthly Net Salary (After Tax)

$914 PAB 914

$9,763 BMD 9,763

-90.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

8.63

-25.96%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Panama City: October 20, 2026

Last update for Southampton: October 19, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Panama City

$874 47.1%

Southampton

$1.5K 40.7% 72% $629

Groceries & Markets

Panama City

$327 17.6%

Southampton

$742 20.1% 127% $415

Monthly Utilities & Internet

Panama City

$208 11.2%

Southampton

$598 16.2% 187% $389

Eating Out

Panama City

$207 11.2%

Southampton

$608 16.5% 194% $401

Clothing & Footwear

Panama City

$145 7.8%

Southampton

$195 5.3% 34.2% $50

Sport & Entertainment

Panama City

$63 3.4%

Southampton

$27 * 0.7% 57.3% $36

Getting Around

Panama City

$33 1.8%

Southampton

$22 * 0.6% 34.3% $11

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Salaries run about 968% higher in Southampton, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48.00 in Panama City versus $151 in Southampton. Monthly groceries follow the same trend: $327 vs $742 – making Panama City the more affordable choice for daily food spending.

Good to know

🇵🇦 Panama City

🇧🇲 Southampton

🕒 Local time

21:23 9:23 PM

23:23 11:23 PM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

6,260

💱 Currency

Panamanian Balboa PAB B/.

Bermudian Dollar BMD $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

1 BMD = 1 USD

1 BMD = 0.89 EUR

Exchange rates and currency converter

BMD, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 25, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

Bermudian Dollar exchange rates as of October 25, 2026: 1 USD = 1 BMD (1 BMD = 1 USD). 1 EUR = 1.12 BMD (1 BMD = 0.89 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Panama City Southampton 3,000 km ≈ 4 h 15 min nonstop flight

From you

Panama City
Southampton

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Panama City vs Southampton: Cost of Living - Frequently Asked Questions

Yes – Southampton is pricier by about 99%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,786 per month in Panama City and $5,542 in Southampton. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,857 in Panama City and $3,694 in Southampton. That's a gap of about 99%.

Kindergarten costs $553 per month in Panama City and $1,314 in Southampton. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Panama City, where all-in costs run around $1,857, than in Southampton at $3,694. In Panama City it covers expenses comfortably, while in Southampton it requires careful planning or may not stretch far enough.

Families tend to lean toward Panama City – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Panama City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Southampton makes more sense. Both are solid long-term options with distinct trade-offs.