Last update: Oct 2026

Cost of Living Comparison Between Southampton and Panama City

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.

179

Cost of Living Index in Southampton
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Southampton Living Index
90

Cost of Living Index in Panama City
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Panama City Living Index

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Southampton

🇧🇲 Bermuda

$3,694

/mo nomad

Panama City

🇵🇦 Panama

$1,857

/mo nomad

Monthly Cost of Living

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

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

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

Southampton $3,694
Panama City $1,857

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

Southampton $8,281
Panama City $2,815

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

Southampton $12.9K
Panama City $3,773

Southampton costs about 99% more than Panama City, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$50.7 BMD 50.7

$11.68 PAB 11.68

334.08%

Three-Course Dinner for Two, Mid-Range

$151 BMD 151

$47.76 PAB 47.76

215.93%

Fast Food Meal (McDonalds, etc)

$16.82 BMD 16.82

$8.12 PAB 8.12

107.14%

Cappuccino

$6.02 BMD 6.02

$4.23 PAB 4.23

42.32%

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

$2.98 BMD 2.98

$1.92 PAB 1.92

55.21%

Water (0.33 liter bottle)

$3.09 BMD 3.09

$1.58 PAB 1.58

95.57%

Local Beer (0.5 liter draught)

$7.55 BMD 7.55

$3.31 PAB 3.31

128.10%

Imported Beer (0.33 liter bottle)

$9.03 BMD 9.03

$3.98 PAB 3.98

126.88%

Milk (1 liter)

$4.79 BMD 4.79

$1.92 PAB 1.92

149.48%

White Bread (500g)

$7.98 BMD 7.98

$2.63 PAB 2.63

203.42%

Rice (white) (1kg)

$5.45 BMD 5.45

$3.39 PAB 3.39

60.77%

Eggs

$7.33 BMD 7.33

$2.67 PAB 2.67

174.53%

Local Cheese (1kg)

$23.09 BMD 23.09

$12.21 PAB 12.21

89.11%

Chicken Fillets (1kg)

$21.09 BMD 21.09

$6.91 PAB 6.91

205.21%

Beef Round Steak (1kg)

$19.30 BMD 19.30

$10.58 PAB 10.58

82.42%

Apples (1kg)

$8.88 BMD 8.88

$4.16 PAB 4.16

113.46%

Banana (1kg)

$6.79 BMD 6.79

$1.97 PAB 1.97

244.67%

Oranges (1kg)

$7.23 BMD 7.23

$4.06 PAB 4.06

78.08%

Tomato (1kg)

$8.49 BMD 8.49

$4.18 PAB 4.18

103.11%

Potato (1kg)

$5.86 BMD 5.86

$3.47 PAB 3.47

68.88%

Onion (1kg)

$4.13 BMD 4.13

$4.26 PAB 4.26

-3.05%

Lettuce (1 head)

$6.39 BMD 6.39

$2.44 PAB 2.44

161.89%

Water (1.5 liter bottle)

$3.39 BMD 3.39

$1.69 PAB 1.69

100.59%

Cigarettes 20 Pack (Marlboro, Camel)

$18.34 BMD 18.34

$5.83 PAB 5.83

214.58%

Wine (Bottle)

$23.79 BMD 23.79

$11.43 PAB 11.43

108.14%

Local Beer (0.5 liter bottle)

$5.12 BMD 5.12

$1.38 PAB 1.38

271.01%

Imported Beer (0.33 liter bottle)

$4.20 BMD 4.20

$2.76 PAB 2.76

52.17%

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)

$6.60 BMD 6.60

$2.55 PAB 2.55

158.82%

Taxi (Normal Tariff) (1km)

$3.07 BMD 3.07

$1.78 PAB 1.78

72.47%

Taxi 1hour Waiting (Normal Tariff)

$70.9 BMD 70.9

$22.17 PAB 22.17

219.58%

Gasoline (1 liter)

$2.10 BMD 2.10

$1.24 PAB 1.24

69.35%

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

$37.4K BMD 37.4K

$24.4K PAB 24.4K

53.04%

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

$43.4K BMD 43.4K

$21.3K PAB 21.3K

103.82%

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

$288 BMD 288

$131 PAB 131

119.49%

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

$148 BMD 148

$27.83 PAB 27.83

430.08%

Internet (50+ Mbps, Unlimited Data)

$162 BMD 162

$49.32 PAB 49.32

228.73%

Gym Membership (Monthly)

$45.69 PAB 45.69

Tennis Court (1 Hour on Weekend)

$34.10 PAB 34.10

Cinema Ticket

$13.37 BMD 13.37

$8.47 PAB 8.47

57.85%

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

$1,314 BMD 1,314

$553 PAB 553

137.40%

International Primary School, 1 Child (Yearly)

$24.9K BMD 24.9K

$9,719 PAB 9,719

156.26%

Jeans (Levis 501 Or Similar)

$90.3 BMD 90.3

$66.4 PAB 66.4

35.85%

Summer Dress (H&M, Zara, etc)

$70.2 BMD 70.2

$47.39 PAB 47.39

48.11%

Sport Shoes (Adidas, Nike)

$141 BMD 141

$95.7 PAB 95.7

47.12%

Men's Leather Business Shoes

$131 BMD 131

$113 PAB 113

16.34%

1-bedroom Apartment, City Center (Monthly)

$1,322 PAB 1,322

1-bedroom Apartment, Outside City Center (Monthly)

$1,503 BMD 1,503

$874 PAB 874

71.96%

3-bedroom Apartment, City Center (Monthly)

$2,153 PAB 2,153

3-bedroom Apartment, Outside City Center (Monthly)

$7,867 BMD 7,867

$1,580 PAB 1,580

397.81%

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)

$9,763 BMD 9,763

$914 PAB 914

968.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.63

6.39

35.05%

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

Last update for Southampton: October 19, 2026

Last update for Panama City: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Southampton

$1.5K 40.7%

Panama City

$874 47.1% 41.8% $629

Groceries & Markets

Southampton

$742 20.1%

Panama City

$327 17.6% 56% $415

Eating Out

Southampton

$608 16.5%

Panama City

$207 11.2% 66% $401

Monthly Utilities & Internet

Southampton

$598 16.2%

Panama City

$208 11.2% 65.1% $389

Clothing & Footwear

Southampton

$195 5.3%

Panama City

$145 7.8% 25.5% $50

Sport & Entertainment

Southampton

$27 * 0.7%

Panama City

$63 3.4% 134% $36

Getting Around

Southampton

$22 * 0.6%

Panama City

$33 1.8% 52.1% $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 $151 in Southampton versus $48.00 in Panama City. Monthly groceries follow the same trend: $742 vs $327 – making Panama City the more affordable choice for daily food spending.

Good to know

🇧🇲 Southampton

🇵🇦 Panama City

🕒 Local time

22:43 10:43 PM

20:43 8:43 PM

2 h behind Southampton

🌤 Weather

👥 Population

6,260

1,086,990 Capital

💱 Currency

Bermudian Dollar BMD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 BMD = 1 USD

1 BMD = 0.89 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, USD, EUR to BMD – Bermudian Dollar Converter

🇺🇸 United States Dollar ($)

🇧🇲 Bermudian Dollar ($)

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).

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).

USD to BMD in detail →

On the map

Lowest

Highest

Between locations

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

From you

Southampton
Panama City

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

Southampton vs Panama City: 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 $5,542 per month in Southampton and $2,786 in Panama City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Kindergarten costs $1,314 per month in Southampton and $553 in Panama City. 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.