London vs Panama City - Cost of Living Comparison

Updated: March 11, 2026

	London	Panama City
🚶 Cost of living one person	$3740	$1583
👨‍👩‍👧‍👦 Cost of living Family	$8537	$3567
🏠 One person rent	$2516	$976
🏘️ Family rent	$4294	$1633
🍽️ Food expenses	$631	$432
🚐 Transport expenses	$412	$69.1
💳 Monthly salary after tax	$3678	$936
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	13 km	7 km
🎓 Higher education	100	42
😀 Quality of life	96	69
🏙️ Population	8.8M	410K

The cost of living in London is 136% more expensive than in Panama City. Cities ranked 20th and 3744th ($3740 vs $1583) 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 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 12th and 4400th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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	$22.5	$10.6
🥂 Dinner in a Restaurant, for 2	$98	$45.3
🥪 Fast food meal, equiv. McDonald's	$11.7	$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$9.2	$2.97
☕ Cappuccino	$5.94	$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.15	$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2958	$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$2140	$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$4865	$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$3773	$1347
🔌 Utility Bill one person, electricity, heating, water, etc.	$169	$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$260	$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$42.3	$45.4
🏦 Mortgage Interest Rate for 20 Years	4.75%	6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$20369	$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$10989	$1725
Transportation
🚌 Local transport ticket	$4.62	$0.35
🎟️ Monthly ticket local transport	$105	$22.2
🚕 Taxi Ride, 8 km or 5 mi	$31.9	$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.86	$0.93
Groceries
🥛 Milk, 1 L or 1 qt	$1.87	$1.84
🍞 Bread, 0.5 kg or 1.1 lb	$2.25	$2.23
🍚 Rice, 1 kg or 2.2 lb	$2.42	$2.33
🥚 Eggs, x12	$5.71	$3.26
🧀 Cheese, 1 kg or 2.2 lb	$13.7	$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$9.98	$6.57
🥩 Round Steak, 1 kg or 2.2 lb	$18.3	$9.64
🍏 Apples, 1 kg or 2.2 lb	$3.13	$3.53
🍌 Banana, 1 kg or 2.2 lb	$1.59	$1.62
🍊 Oranges, 1 kg or 2.2 lb	$2.98	$3.29
🍅 Tomato, 1 kg or 2.2 lb	$3.8	$3.03
🥔 Potato, 1 kg or 2.2 lb	$1.46	$2.46
🧅 Onion, 1 kg or 2.2 lb	$1.82	$3.74
🌊 Water, 1 L or 1 qt	$1.2	$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.79	$2.41
🍾 Wine (mid-priced), 750 mL bottle	$14	$11.6
🍺 Beer, 0.5 L or 16 fl oz	$3.33	$1.44
🚬 Cigarette pack	$23.6	$6.04
💊 Cold medicince, 1 week	$4.84	$8.16
🧴 Hair Shampoo	$6.87	$8.03
🧻 Toilet paper, 4 rolls	$2.9	$2.96
👄 Toothpaste, 1 tube	$3.44	$3.04
Other
🏋️ Gym Membership, 1 month	$68.5	$42.8
🎫 Cinema Ticket, 1 person	$20.3	$7.3
👩‍⚕️ Doctor's visit	$79.9	$50.2
💇 Haircut, simple	$15.2	$14.5
👖 Brand Jeans	$117	$53.6
👟 Brand Sneakers	$122	$91.3
👶 Daycare or Preschool, 1 month	$2594	$503
🏫 International Primary School, 1 year	$30567	$13402

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	$3038
11 km or 7 mi	Wimbledon	$2559
13 km or 8.3 mi	Richmond	$2498
15 km or 9.3 mi	Croydon	$2564
16 km or 10 mi	Greenford	$2419
19 km or 12 mi	Ewell	$2417
21 km or 13 mi	Coulsdon	$2406
23 km or 14 mi	Esher	$2395
24 km or 15 mi	Walton-on-Thames	$2382
25 km or 15 mi	Watford	$2661
27 km or 17 mi	Upminster	$2336
28 km or 17 mi	Rickmansworth	$2426
31 km or 19 mi	St Albans	$2490
32 km or 20 mi	Grays	$2227
32 km or 20 mi	Hertford	$2271
32 km or 20 mi	Slough	$2345
32 km or 20 mi	Brentwood	$2675
35 km or 22 mi	Harlow	$2152
35 km or 22 mi	Gravesend	$2259
35 km or 22 mi	Hemel Hempstead	$2321
37 km or 23 mi	Woking	$2567
38 km or 24 mi	Harpenden	$2276
40 km or 25 mi	Billericay	$2260
41 km or 25 mi	Maidenhead	$2846
43 km or 27 mi	East Grinstead	$2265
43 km or 27 mi	Basildon	$2188
43 km or 27 mi	Guildford	$2622
44 km or 27 mi	Crawley	$2385
44 km or 27 mi	Stevenage	$2262
44 km or 27 mi	Bracknell	$2485
44 km or 28 mi	Rochester	$1860
44 km or 28 mi	Tonbridge	$2191
45 km or 28 mi	High Wycombe	$2215
46 km or 28 mi	Bishop's Stortford	$2223
46 km or 28 mi	Luton	$2212
47 km or 29 mi	Chatham	$2576
49 km or 30 mi	Chelmsford	$2111
49 km or 30 mi	Gillingham	$2377
49 km or 30 mi	Godalming	$2472
49 km or 31 mi	Farnborough	$2199

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1425
16 km or 9.9 mi	Tocumen	$1403
26 km or 16 mi	Pacora	$1395
34 km or 21 mi	La Chorrera	$977
59 km or 37 mi	Colon	$1179
108 km or 67 mi	Penonome	$1153
154 km or 96 mi	Chitre	$1154
190 km or 118 mi	Santiago de Veraguas	$1122
321 km or 199 mi	Turbo	$764
329 km or 204 mi	David	$922
398 km or 247 mi	Monteria	$703
403 km or 250 mi	Limon	$1332
406 km or 252 mi	Santa Cruz de Lorica	$764
452 km or 281 mi	Sincelejo	$572
463 km or 288 mi	Cartagena	$1155
483 km or 300 mi	Quibdo	$757
494 km or 307 mi	Cartago	$1290
513 km or 319 mi	San Jose	$1454
518 km or 322 mi	Heredia	$1378
521 km or 324 mi	Magangue	$707
526 km or 327 mi	Bello	$915
529 km or 329 mi	Alajuela	$1323
530 km or 329 mi	Medellin	$1071
534 km or 332 mi	Envigado	$992
558 km or 347 mi	Soledad	$950
559 km or 348 mi	Barranquilla	$909
595 km or 370 mi	Puntarenas	$825
617 km or 383 mi	Cartago	$738
617 km or 383 mi	Cienaga	$874
623 km or 387 mi	Manizales	$717
627 km or 390 mi	Santa Teresa	$1273
627 km or 390 mi	Pereira	$789
631 km or 392 mi	Santa Marta	$971
632 km or 393 mi	Buenaventura	$825
636 km or 395 mi	Minca	$887
651 km or 404 mi	Salento	$709
652 km or 405 mi	Armenia	$719
657 km or 408 mi	Tulua	$537
658 km or 409 mi	Barrancabermeja	$1040
675 km or 419 mi	Liberia	$957