London vs Panama City - Cost of Living Comparison

Updated: March 02, 2025

	London	Panama City
🚶 Cost of living one person	$3296	$1479
👨‍👩‍👧‍👦 Cost of living Family	$7841	$3609
🏠 One person rent	$2211	$846
🏘️ Family rent	$4100	$1592
🍽️ Food expenses	$551	$440
🚐 Transport expenses	$375	$83
💳 Monthly salary after tax	$4153	$967
😷 Air quality	Excellent	Good
✈️ Airport proximity	13 km	7 km
🎓 Higher education	100	42
😀 Quality of life	99	67
🏙️ Population	8.8M	881K

The cost of living in London is 123% more expensive than in Panama City. Cities ranked 58th and 3517th ($3296 vs $1479) in the list of the most expensive cities in the world and ranked 2nd 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 0.7 months in Panama City. London ranked 1st best city to live in the United Kingdom vs Panama City ranked 1st in Panama, while ranked 4th and 3734th 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

Share this infographic!

Use the link below to embed the infographic from our site and automatically keep the data layer up to date.

If you prefer to download the image, please credit us as a source.

<img src="https://livingcost.org/assets/photo/cost/london/panama-city.jpg" alt="Cost of living in London vs Panama City infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/london/panama-city" target="_blank">London vs Panama City - Cost of Living Comparison</a></p>

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	$21.4	$10.4
🥂 Dinner in a Restaurant, for 2	$84	$48.5
🥪 Fast food meal, equiv. McDonald's	$9.67	$8.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$8.03	$2.97
☕ Cappuccino	$4.64	$3.99
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.46	$1.66
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2704	$891
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1831	$681
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$5123	$1749
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$3478	$1344
🔌 Utility Bill one person, electricity, heating, water, etc.	$167	$78
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$255	$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$38.5	$45.4
🏦 Mortgage Interest Rate for 20 Years	5.06%	6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$20412	$2551
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$10524	$1632
Transportation
🚌 Local transport ticket	$3.62	$0.42
🎟️ Monthly ticket local transport	$91.9	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$30.2	$14.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.82	$0.96
Groceries
🥛 Milk, 1 L or 1 qt	$1.53	$1.8
🍞 Bread, 0.5 kg or 1.1 lb	$1.86	$2.19
🍚 Rice, 1 kg or 2.2 lb	$2.25	$2.33
🥚 Eggs, x12	$4.77	$2.77
🧀 Cheese, 1 kg or 2.2 lb	$11	$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.95	$7.09
🥩 Round Steak, 1 kg or 2.2 lb	$13.5	$9.99
🍏 Apples, 1 kg or 2.2 lb	$2.95	$3.44
🍌 Banana, 1 kg or 2.2 lb	$1.75	$1.58
🍊 Oranges, 1 kg or 2.2 lb	$2.99	$2.89
🍅 Tomato, 1 kg or 2.2 lb	$3.14	$2.94
🥔 Potato, 1 kg or 2.2 lb	$1.43	$2.23
🧅 Onion, 1 kg or 2.2 lb	$1.59	$2.8
🌊 Water, 1 L or 1 qt	$1.1	$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.87	$2.31
🍾 Wine (mid-priced), 750 mL bottle	$11.9	$10
🍺 Beer, 0.5 L or 16 fl oz	$2.74	$1.29
🚬 Cigarette pack	$20.2	$5.98
💊 Cold medicince, 1 week	$3.29	$11.7
🧴 Hair Shampoo	$5.99	$7.94
🧻 Toilet paper, 4 rolls	$2.7	$3.37
👄 Toothpaste, 1 tube	$2.61	$3.71
Other
🏋️ Gym Membership, 1 month	$55.7	$45.3
🎫 Cinema Ticket, 1 person	$17.6	$7.22
👩‍⚕️ Doctor's visit	$69.7	$54.5
💇 Haircut, simple	$15.3	$12.9
👖 Brand Jeans	$97.6	$56.8
👟 Brand Sneakers	$113	$93.2
👶 Daycare or Preschool, 1 month	$2250	$477
🏫 International Primary School, 1 year	$26090	$13616

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	$2868
11 km or 7 mi	Wimbledon	$2332
13 km or 8.3 mi	Richmond	$2273
15 km or 9.3 mi	Croydon	$2414
16 km or 10 mi	Greenford	$2209
19 km or 12 mi	Ewell	$2207
21 km or 13 mi	Coulsdon	$2214
23 km or 14 mi	Esher	$2185
24 km or 15 mi	Walton-on-Thames	$2182
25 km or 15 mi	Watford	$2470
27 km or 17 mi	Upminster	$2136
28 km or 17 mi	Rickmansworth	$2217
31 km or 19 mi	St Albans	$2261
32 km or 20 mi	Grays	$2028
32 km or 20 mi	Hertford	$2076
32 km or 20 mi	Slough	$2112
32 km or 20 mi	Brentwood	$2433
35 km or 22 mi	Harlow	$2199
35 km or 22 mi	Gravesend	$2035
35 km or 22 mi	Hemel Hempstead	$2122
37 km or 23 mi	Woking	$2429
38 km or 24 mi	Harpenden	$2052
40 km or 25 mi	Billericay	$2048
41 km or 25 mi	Maidenhead	$2623
43 km or 27 mi	East Grinstead	$2052
43 km or 27 mi	Basildon	$1924
43 km or 27 mi	Guildford	$2422
44 km or 27 mi	Crawley	$2092
44 km or 27 mi	Stevenage	$1987
44 km or 27 mi	Bracknell	$2248
44 km or 28 mi	Rochester	$1973
44 km or 28 mi	Tonbridge	$2063
45 km or 28 mi	High Wycombe	$2089
46 km or 28 mi	Bishop's Stortford	$2062
46 km or 28 mi	Luton	$1885
47 km or 29 mi	Chatham	$2263
49 km or 30 mi	Chelmsford	$1948
49 km or 30 mi	Gillingham	$2135
49 km or 30 mi	Godalming	$2344
49 km or 31 mi	Farnborough	$2009

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1328
16 km or 9.9 mi	Tocumen	$1310
26 km or 16 mi	Pacora	$1304
34 km or 21 mi	La Chorrera	$957
59 km or 37 mi	Colon	$1172
108 km or 67 mi	Penonome	$1116
154 km or 96 mi	Chitre	$1117
190 km or 118 mi	Santiago de Veraguas	$1089
321 km or 199 mi	Turbo	$664
329 km or 204 mi	David	$890
398 km or 247 mi	Monteria	$645
403 km or 250 mi	Limon	$1225
406 km or 252 mi	Santa Cruz de Lorica	$669
452 km or 281 mi	Sincelejo	$524
463 km or 288 mi	Cartagena	$760
483 km or 300 mi	Quibdo	$705
494 km or 307 mi	Cartago	$1024
513 km or 319 mi	San Jose	$1324
518 km or 322 mi	Heredia	$1296
521 km or 324 mi	Magangue	$604
526 km or 327 mi	Bello	$839
529 km or 329 mi	Alajuela	$1269
530 km or 329 mi	Medellin	$906
534 km or 332 mi	Envigado	$897
558 km or 347 mi	Soledad	$741
559 km or 348 mi	Barranquilla	$773
595 km or 370 mi	Puntarenas	$801
617 km or 383 mi	Cartago	$649
617 km or 383 mi	Cienaga	$742
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1213
627 km or 390 mi	Pereira	$680
631 km or 392 mi	Santa Marta	$837
632 km or 393 mi	Buenaventura	$742
636 km or 395 mi	Minca	$759
651 km or 404 mi	Salento	$605
652 km or 405 mi	Armenia	$598
657 km or 408 mi	Tulua	$513
658 km or 409 mi	Barrancabermeja	$1031
675 km or 419 mi	Liberia	$932