London vs Panama City - Cost of Living Comparison

Updated: June 21, 2026

	London	Panama City
🚶 Cost of living one person	$3662	$1590
👨‍👩‍👧‍👦 Cost of living Family	$8238	$3556
🏠 One person rent	$2434	$946
🏘️ Family rent	$4002	$1545
🍽️ Food expenses	$632	$439
🚐 Transport expenses	$409	$100
💳 Monthly salary after tax	$4720	$973
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	13 km	7 km
🎓 Higher education	100	42
😀 Quality of life	97	71
🏙️ Population	8.8M	1.54M

The cost of living in London is 130% more expensive than in Panama City. Cities ranked 28th and 3634th ($3662 vs $1590) 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 1.3 months in London compared to 0.6 months in Panama City. London ranked 1st best city to live in the United Kingdom vs Panama City ranked 1st in Panama, while ranked 4th and 3213th among best cities to live in the world.

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the estimated difference in money purchasing power

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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	$22.6	$9.69
🥂 Dinner in a Restaurant, for 2	$98.8	$45.4
🥪 Fast food meal, equiv. McDonald's	$11.9	$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$9.64	$2.93
☕ Cappuccino	$5.66	$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.99	$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2743	$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$2091	$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$4437	$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$3517	$1223
🔌 Utility Bill one person, electricity, heating, water, etc.	$171	$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$260	$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$40.6	$44.6
🏦 Mortgage Interest Rate for 20 Years	4.79%	6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$20829	$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$9663	$1732
Transportation
🚌 Local transport ticket	$4.01	$0.35
🎟️ Monthly ticket local transport	$106	$22.5
🚕 Taxi Ride, 8 km or 5 mi	$31.5	$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.98	$0.98
Groceries
🥛 Milk, 1 L or 1 qt	$1.85	$1.83
🍞 Bread, 0.5 kg or 1.1 lb	$2.1	$2.17
🍚 Rice, 1 kg or 2.2 lb	$2.23	$2.34
🥚 Eggs, x12	$5.47	$3.11
🧀 Cheese, 1 kg or 2.2 lb	$14	$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.9	$7.11
🥩 Round Steak, 1 kg or 2.2 lb	$17.2	$10.6
🍏 Apples, 1 kg or 2.2 lb	$2.99	$3.56
🍌 Banana, 1 kg or 2.2 lb	$1.49	$1.54
🍊 Oranges, 1 kg or 2.2 lb	$2.76	$3.7
🍅 Tomato, 1 kg or 2.2 lb	$3.82	$3.36
🥔 Potato, 1 kg or 2.2 lb	$1.39	$2.62
🧅 Onion, 1 kg or 2.2 lb	$1.66	$3.19
🌊 Water, 1 L or 1 qt	$1.25	$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.6	$2.37
🍾 Wine (mid-priced), 750 mL bottle	$13.9	$12.1
🍺 Beer, 0.5 L or 16 fl oz	$3.18	$1.35
🚬 Cigarette pack	$23.8	$5.95
💊 Cold medicince, 1 week	$4.71	$8.08
🧴 Hair Shampoo	$5.95	$7.95
🧻 Toilet paper, 4 rolls	$3.12	$2.92
👄 Toothpaste, 1 tube	$3.33	$3.05
Other
🏋️ Gym Membership, 1 month	$79.6	$41.9
🎫 Cinema Ticket, 1 person	$18.9	$7.52
👩‍⚕️ Doctor's visit	$91.4	$42.9
💇 Haircut, simple	$17.4	$14.5
👖 Brand Jeans	$114	$58.4
👟 Brand Sneakers	$125	$90.7
👶 Daycare or Preschool, 1 month	$2713	$505
🏫 International Primary School, 1 year	$25686	$11486

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	$3042
11 km or 7 mi	Wimbledon	$2520
13 km or 8.3 mi	Richmond	$2447
15 km or 9.3 mi	Croydon	$2563
16 km or 10 mi	Greenford	$2399
19 km or 12 mi	Ewell	$2382
21 km or 13 mi	Coulsdon	$2396
23 km or 14 mi	Esher	$2349
24 km or 15 mi	Walton-on-Thames	$2326
25 km or 15 mi	Watford	$2630
27 km or 17 mi	Upminster	$2308
28 km or 17 mi	Rickmansworth	$2384
31 km or 19 mi	St Albans	$2451
32 km or 20 mi	Grays	$2205
32 km or 20 mi	Hertford	$2214
32 km or 20 mi	Slough	$2290
32 km or 20 mi	Brentwood	$2627
35 km or 22 mi	Harlow	$2117
35 km or 22 mi	Gravesend	$2253
35 km or 22 mi	Hemel Hempstead	$2294
37 km or 23 mi	Woking	$2545
38 km or 24 mi	Harpenden	$2244
40 km or 25 mi	Billericay	$2234
41 km or 25 mi	Maidenhead	$2820
43 km or 27 mi	East Grinstead	$2234
43 km or 27 mi	Basildon	$2159
43 km or 27 mi	Guildford	$2634
44 km or 27 mi	Crawley	$2289
44 km or 27 mi	Stevenage	$2235
44 km or 27 mi	Bracknell	$2309
44 km or 28 mi	Rochester	$1842
44 km or 28 mi	Tonbridge	$2188
45 km or 28 mi	High Wycombe	$2200
46 km or 28 mi	Bishop's Stortford	$2164
46 km or 28 mi	Luton	$2196
47 km or 29 mi	Chatham	$2559
49 km or 30 mi	Chelmsford	$2109
49 km or 30 mi	Gillingham	$2363
49 km or 30 mi	Godalming	$2476
49 km or 31 mi	Farnborough	$2178

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1396
16 km or 9.9 mi	Tocumen	$1373
26 km or 16 mi	Pacora	$1361
34 km or 21 mi	La Chorrera	$982
59 km or 37 mi	Colon	$1185
108 km or 67 mi	Penonome	$1147
154 km or 96 mi	Chitre	$1144
190 km or 118 mi	Santiago de Veraguas	$1112
321 km or 199 mi	Turbo	$797
329 km or 204 mi	David	$909
398 km or 247 mi	Monteria	$733
403 km or 250 mi	Limon	$1228
406 km or 252 mi	Santa Cruz de Lorica	$789
452 km or 281 mi	Sincelejo	$586
463 km or 288 mi	Cartagena	$1186
483 km or 300 mi	Quibdo	$802
494 km or 307 mi	Cartago	$1361
513 km or 319 mi	San Jose	$1574
518 km or 322 mi	Heredia	$1471
521 km or 324 mi	Magangue	$727
526 km or 327 mi	Bello	$1012
529 km or 329 mi	Alajuela	$1362
530 km or 329 mi	Medellin	$1162
534 km or 332 mi	Envigado	$1041
558 km or 347 mi	Soledad	$967
559 km or 348 mi	Barranquilla	$931
595 km or 370 mi	Puntarenas	$872
617 km or 383 mi	Cartago	$769
617 km or 383 mi	Cienaga	$882
623 km or 387 mi	Manizales	$737
627 km or 390 mi	Santa Teresa	$1325
627 km or 390 mi	Pereira	$862
631 km or 392 mi	Santa Marta	$973
632 km or 393 mi	Buenaventura	$856
636 km or 395 mi	Minca	$891
651 km or 404 mi	Salento	$749
652 km or 405 mi	Armenia	$749
657 km or 408 mi	Tulua	$563
658 km or 409 mi	Barrancabermeja	$1001
675 km or 419 mi	Liberia	$1024