Cost of Living Comparison Between Panama and United Kingdom Cost of Living Comparison Between Panama and United Kingdom

🙂 Solo nomad: Panama is 23.9% cheaper than United Kingdom without rent, and 36.7% cheaper with rent.
🙂 Family of 3: Panama is 26.9% cheaper than United Kingdom without rent, and 30.8% cheaper with rent.
Currency
🍽 Eating Out
Panama
United Kingdom
Difference
Meal at Budget Restaurant
$10.18 PAB 10.18
$20.1 £14.79
-49.35%
Three-Course Dinner for Two, Mid-Range
$50.5 PAB 50.5
$89.9 £66.2
-43.89%
Fast Food Meal (McDonalds, etc)
$7.58 PAB 7.58
$10.03 £7.38
-24.43%
Cappuccino
$3.55 PAB 3.55
$4.71 £3.46
-24.63%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.51 PAB 1.51
$2.46 £1.81
-38.62%
Water (0.33 liter bottle)
$1.23 PAB 1.23
$1.69 £1.24
-27.22%
Local Beer (0.5 liter draught)
$2.23 PAB 2.23
$6.59 £4.85
-66.16%
Imported Beer (0.33 liter bottle)
$3.73 PAB 3.73
$6.27 £4.62
-40.51%
🛒 Groceries & Markets
Panama
United Kingdom
Difference
Milk (1 liter)
$1.83 PAB 1.83
$1.65 £1.22
10.91%
White Bread (500g)
$2.41 PAB 2.41
$1.66 £1.22
45.18%
Rice (white) (1kg)
$2.27 PAB 2.27
$2.26 £1.67
0.44%
Eggs
$2.7 PAB 2.7
$4.08 £3.01
-33.82%
Local Cheese (1kg)
$11.54 PAB 11.54
$9.78 £7.2
18.00%
Chicken Fillets (1kg)
$7.39 PAB 7.39
$8.74 £6.43
-15.45%
Beef Round Steak (1kg)
$9.36 PAB 9.36
$14.34 £10.55
-34.73%
Apples (1kg)
$3.89 PAB 3.89
$3.04 £2.24
27.96%
Banana (1kg)
$1.37 PAB 1.37
$1.67 £1.23
-17.96%
Oranges (1kg)
$2.89 PAB 2.89
$2.9 £2.13
-0.34%
Tomato (1kg)
$3.05 PAB 3.05
$3.47 £2.56
-12.10%
Potato (1kg)
$2.1 PAB 2.1
$1.62 £1.19
29.63%
Onion (1kg)
$2.46 PAB 2.46
$1.6 £1.18
53.75%
Lettuce (1 head)
$2.14 PAB 2.14
$1.12 £0.82
91.07%
Water (1.5 liter bottle)
$1.6 PAB 1.6
$1.57 £1.15
1.91%
Cigarettes 20 Pack (Marlboro, Camel)
$5.88 PAB 5.88
$20.41 £15.02
-71.19%
Wine (Bottle)
$10.17 PAB 10.17
$10.52 £7.74
-3.33%
Local Beer (0.5 liter bottle)
$1.24 PAB 1.24
$2.83 £2.08
-56.18%
Imported Beer (0.33 liter bottle)
$2.22 PAB 2.22
$3.3 £2.43
-32.73%
🚌 Getting Around
Panama
United Kingdom
Difference
One-way Ticket (Public Transport)
$0.52 PAB 0.52
$3.33 £2.45
-84.38%
Public Transport Monthly Pass (Regular Price)
$25.45 PAB 25.45
$94.8 £69.7
-73.14%
Taxi Start (Normal Tariff)
$2.05 PAB 2.05
$5.46 £4.02
-62.45%
Taxi (Normal Tariff) (1km)
$1.99 PAB 1.99
$1.55 £1.14
28.39%
Taxi 1hour Waiting (Normal Tariff)
$20.72 PAB 20.72
$26.83 £19.74
-22.77%
Gasoline (1 liter)
$0.96 PAB 0.96
$2 £1.47
-52.00%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.3K PAB 21.3K
$37.7K £27.7K
-43.38%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.9K PAB 20.9K
$41.3K £30.4K
-49.47%
🧾 Monthly Utilities & Internet
Panama
United Kingdom
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$108 PAB 108
$319 £235
-66.11%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$29.43 PAB 29.43
$17.53 £12.9
67.88%
Internet (50+ Mbps, Unlimited Data)
$47.41 PAB 47.41
$41.82 £30.78
13.37%
🎉 Sport & Entertainment
Panama
United Kingdom
Difference
Gym Membership (Monthly)
$49.24 PAB 49.24
$45.9 £33.78
7.28%
Tennis Court (1 Hour on Weekend)
$33.72 PAB 33.72
$15.86 £11.67
112.61%
Cinema Ticket
$7.11 PAB 7.11
$13.71 £10.09
-48.14%
🧸 Childcare & Education
Panama
United Kingdom
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$439 PAB 439
$1,756 £1,293
-74.99%
International Primary School, 1 Child (Yearly)
$11.6K PAB 11.6K
$21.2K £15.6K
-45.56%
👕👟 Clothing & Footwear
Panama
United Kingdom
Difference
Jeans (Levis 501 Or Similar)
$47.07 PAB 47.07
$90.6 £66.7
-48.06%
Summer Dress (H&M, Zara, etc)
$40.77 PAB 40.77
$44.44 £32.71
-8.26%
Sport Shoes (Adidas, Nike)
$85 PAB 85
$101 £74.3
-15.86%
Men's Leather Business Shoes
$116 PAB 116
$103 £76
12.42%
🏠 Accommodation & Living
Panama
United Kingdom
Difference
1-bedroom Apartment, City Center (Monthly)
$923 PAB 923
$1,427 £1,050
-35.29%
1-bedroom Apartment, Outside City Center (Monthly)
$711 PAB 711
$1,157 £851
-38.55%
3-bedroom Apartment, City Center (Monthly)
$1,745 PAB 1,745
$2,327 £1,713
-25.01%
3-bedroom Apartment, Outside City Center (Monthly)
$1,378 PAB 1,378
$1,846 £1,359
-25.36%
Buy Apartment in City Center (m2)
$1,884 PAB 1,884
$6,050 £4,452
-68.86%
Buy Apartment Outside City Center (m2)
$1,502 PAB 1,502
$4,820 £3,547
-68.84%
💵 Salaries & Financials
Panama
United Kingdom
Difference
Average Monthly Net Salary (After Tax)
$807 PAB 807
$3,133 £2,306
-74.24%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.3
5.75
9.57%

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

Last update for Panama: October 28, 2025

Last update for United Kingdom: October 29, 2025

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