London vs Panama City - Cost of Living Comparison

Updated: March 01, 2024

	London	Panama City
🚶 Cost of living one person	$3321	$1316
👨‍👩‍👧‍👦 Cost of living Family	$7723	$3171
🏠 One person rent	$2218	$709
🏘️ Family rent	$3918	$1291
🍽️ Food expenses	$574	$426
🚐 Transport expenses	$349	$78
💳 Monthly salary after tax	$4098	$901
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	13 km	7 km
🎓 Higher education	100	42
😀 Quality of life	98	67
🏙️ Population	8.91M	881K

The cost of living in London is 152% more expensive than in Panama City. Cities ranked 38th and 4138th ($3321 vs $1316) in the list of the most expensive cities in the world and ranked 1st and 1st in the United Kingdom and Panama, respectively. Check the United Kingdom vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.2 months in London compared to 0.7 months in Panama City. London ranked 1st best city to live in the United Kingdom vs Panama City ranked 1st in Panama, while ranked 5th and 3926th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in London vs Panama City infographic

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Prices in London vs Panama City

Prices for goods and services in London and Panama City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	London	Panama City
Eating Out
🍱 Lunch Menu	$19.7	$11.5
🥂 Dinner in a Restaurant, for 2	$84.7	$51.8
🥪 Fast food meal, equiv. McDonald's	$10.3	$7.97
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$8.25	$2.6
☕ Cappuccino	$4.62	$4.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.47	$1.75
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2493	$836
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1838	$520
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$4599	$1703
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$3306	$980
🔌 Utility Bill one person, electricity, heating, water, etc.	$210	$78.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$314	$119
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$39.2	$47.6
🏦 Mortgage Interest Rate for 20 Years	5.62%	5.97%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$16999	$2399
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$9363	$1457
Transportation
🚌 Local transport ticket	$3.94	$0.35
🎟️ Monthly ticket local transport	$99.6	$25.9
🚕 Taxi Ride, 8 km or 5 mi	$23.4	$12
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.9	$1.06
Groceries
🥛 Milk, 1 L or 1 qt	$1.6	$1.76
🍞 Bread, 0.5 kg or 1.1 lb	$1.81	$2.11
🍚 Rice, 1 kg or 2.2 lb	$2.28	$1.71
🥚 Eggs, x12	$4.31	$2.63
🧀 Cheese, 1 kg or 2.2 lb	$11.1	$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.3	$7.45
🥩 Round Steak, 1 kg or 2.2 lb	$15.3	$8.87
🍏 Apples, 1 kg or 2.2 lb	$2.88	$2.91
🍌 Banana, 1 kg or 2.2 lb	$1.67	$1.37
🍊 Oranges, 1 kg or 2.2 lb	$3.34	$2.8
🍅 Tomato, 1 kg or 2.2 lb	$3.88	$2.81
🥔 Potato, 1 kg or 2.2 lb	$1.33	$2.1
🧅 Onion, 1 kg or 2.2 lb	$1.51	$2.02
🌊 Water, 1 L or 1 qt	$1.05	$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.86	$2.59
🍾 Wine (mid-priced), 750 mL bottle	$11.8	$9.98
🍺 Beer, 0.5 L or 16 fl oz	$2.56	$1.14
🚬 Cigarette pack	$19.5	$5.88
💊 Cold medicince, 1 week	$8.06	$9.43
🧴 Hair Shampoo	$7.1	$7.05
🧻 Toilet paper, 4 rolls	$3.68	$3.43
👄 Toothpaste, 1 tube	$2.3	$3.7
Other
🏋️ Gym Membership, 1 month	$58	$42
🎫 Cinema Ticket, 1 person	$17.8	$6.85
👩‍⚕️ Doctor's visit	$97.8	$48.6
💇 Haircut, simple	$20.6	$13.5
👖 Brand Jeans	$99.8	$54.3
👟 Brand Sneakers	$110	$86.9
👶 Daycare or Preschool, 1 month	$2256	$408
🏫 International Primary School, 1 year	$25471	$9581

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near London

Distance	City	Cost of living
1.3 km or 0.8 mi	Westminster	$3004
11 km or 7 mi	Wimbledon	$2364
13 km or 8.3 mi	Richmond	$2291
15 km or 9.3 mi	Croydon	$2538
16 km or 10 mi	Greenford	$2202
19 km or 12 mi	Ewell	$2234
21 km or 13 mi	Coulsdon	$2282
23 km or 14 mi	Esher	$2165
24 km or 15 mi	Walton-on-Thames	$2157
25 km or 15 mi	Watford	$2228
27 km or 17 mi	Upminster	$2175
28 km or 17 mi	Rickmansworth	$2120
31 km or 19 mi	St Albans	$2119
32 km or 20 mi	Grays	$2104
32 km or 20 mi	Hertford	$2036
32 km or 20 mi	Slough	$2117
32 km or 20 mi	Brentwood	$2504
35 km or 22 mi	Harlow	$1981
35 km or 22 mi	Gravesend	$2152
35 km or 22 mi	Hemel Hempstead	$2050
37 km or 23 mi	Woking	$2345
38 km or 24 mi	Harpenden	$1999
40 km or 25 mi	Billericay	$2067
41 km or 25 mi	Maidenhead	$2599
43 km or 27 mi	East Grinstead	$2057
43 km or 27 mi	Basildon	$1937
43 km or 27 mi	Guildford	$2173
44 km or 27 mi	Crawley	$2043
44 km or 27 mi	Stevenage	$2001
44 km or 27 mi	Bracknell	$2155
44 km or 28 mi	Rochester	$1974
44 km or 28 mi	Tonbridge	$2051
45 km or 28 mi	High Wycombe	$2076
46 km or 28 mi	Bishop's Stortford	$1993
46 km or 28 mi	Luton	$1875
47 km or 29 mi	Chatham	$1976
49 km or 30 mi	Chelmsford	$1920
49 km or 30 mi	Gillingham	$1972
49 km or 30 mi	Godalming	$2406
49 km or 31 mi	Farnborough	$1908

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1189
16 km or 9.9 mi	Tocumen	$1171
26 km or 16 mi	Pacora	$1182
34 km or 21 mi	La Chorrera	$917
59 km or 37 mi	Colon	$1157
108 km or 67 mi	Penonome	$940
154 km or 96 mi	Chitre	$980
190 km or 118 mi	Santiago de Veraguas	$961
321 km or 199 mi	Turbo	$624
329 km or 204 mi	David	$789
398 km or 247 mi	Monteria	$633
403 km or 250 mi	Limon	$1147
406 km or 252 mi	Santa Cruz de Lorica	$573
452 km or 281 mi	Sincelejo	$536
463 km or 288 mi	Cartagena	$877
483 km or 300 mi	Quibdo	$649
494 km or 307 mi	Cartago	$1009
513 km or 319 mi	San Jose	$1169
518 km or 322 mi	Heredia	$1040
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$778
529 km or 329 mi	Alajuela	$1163
530 km or 329 mi	Medellin	$867
534 km or 332 mi	Envigado	$812
558 km or 347 mi	Soledad	$851
559 km or 348 mi	Barranquilla	$780
595 km or 370 mi	Puntarenas	$1024
617 km or 383 mi	Cartago	$639
617 km or 383 mi	Cienaga	$661
623 km or 387 mi	Manizales	$727
627 km or 390 mi	Santa Teresa	$1114
627 km or 390 mi	Pereira	$639
631 km or 392 mi	Santa Marta	$705
632 km or 393 mi	Buenaventura	$552
636 km or 395 mi	Minca	$655
651 km or 404 mi	Salento	$567
652 km or 405 mi	Armenia	$551
657 km or 408 mi	Tulua	$493
658 km or 409 mi	Barrancabermeja	$592
675 km or 419 mi	Liberia	$1220