Cost of Living & Prices:
United Kingdom vs. Panama
Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.
Table of contents
Grocery
United Kingdom vs. Panama - grocery purchase prices. You would pay on average 1.43 times more for grocery shopping in the United Kingdom than in Panama.
Apples (1kg)
One kilogram of apples costs 2.74 USD in the United Kingdom and 3.04 USD in Panama. The price of this product is 9.9% lower in the United Kingdom.
Banana (1kg)
1 kilogram of bananas costs 1.72 USD in the United Kingdom and 1.27 USD in Panama. The price of this product is 26.2% lower in Panama.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 14.16 USD in the United Kingdom and 8.12 USD in Panama. The price of this product is 42.7% lower in Panama.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 12.21 USD in the United Kingdom and 9 USD in Panama. The price of this product is 26.3% lower in Panama.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 9.22 USD in the United Kingdom and 6.78 USD in Panama. The price of this product is 26.5% lower in Panama.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 17.85 USD in the United Kingdom and 5.78 USD in Panama. The price of this product is 67.6% lower in Panama.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 2.71 USD in the United Kingdom and 1.14 USD in Panama. The price of this product is 57.9% lower in Panama.
Eggs (regular) (12)
You will pay 3.53 USD for 12 eggs in the United Kingdom and 2.14 USD in Panama. The price of this product is 39.4% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 3.23 USD in the United Kingdom and 1.76 USD in Panama. The price of this product is 45.5% lower in Panama.
Johnnie Walker Red Label Whisky 0.7 Litre
A 0.7 liter bottle of Johnnie Walker Red Label whiskey costs 29.61 USD in the United Kingdom and 22.54 USD in Panama. The price of this product is 23.9% lower in Panama.
Lettuce (1 head)
One head of lettuce costs 1.18 USD in the United Kingdom and 1.9 USD in Panama. The price of this product is 37.9% lower in the United Kingdom.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 1.57 USD in the United Kingdom and 2.19 USD in Panama. The price of this product is 28.3% lower in the United Kingdom.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 8.52 USD in the United Kingdom and 9.73 USD in Panama. The price of this product is 12.4% lower in the United Kingdom.
Milk (regular), (1 liter)
One liter of milk costs 1.57 USD in the United Kingdom and 1.61 USD in Panama. The price of this product is 2.5% lower in the United Kingdom.
Onion (1kg)
One kilogram of onions costs 1.49 USD in the United Kingdom and 1.95 USD in Panama. The price of this product is 23.6% lower in the United Kingdom.
Oranges (1kg)
One kilogram of oranges costs 2.7 USD in the United Kingdom and 2.6 USD in Panama. The price of this product is 3.7% lower in Panama.
Potato (1kg)
One kilogram of potatoes costs 1.51 USD in the United Kingdom and 1.95 USD in Panama. The price of this product is 22.6% lower in the United Kingdom.
Rice (white), (1kg)
One kilogram of white rice costs 2.46 USD in the United Kingdom and 1.81 USD in Panama. The price of this product is 26.4% lower in Panama.
Smirnoff Red Label Vodka 0.7 Litre
A 0.7 liter bottle of Smirnoff Red Label vodka costs 19.23 USD in the United Kingdom and 9.82 USD in Panama. The price of this product is 48.9% lower in Panama.
Tomato (1kg)
One kilogram of tomatoes costs 3.28 USD in the United Kingdom and 2.93 USD in Panama. The price of this product is 10.7% lower in Panama.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 1.56 USD in the United Kingdom and 1.5 USD in Panama. The price of this product is 3.8% lower in Panama.
Restaurant
United Kingdom vs. Panama - expenses on meals in restaurants. You would pay 1.94 times more for meals in restaurants in the United Kingdom than in Panama.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 4.66 USD in the United Kingdom and 3.29 USD in Panama. The price of this product is 29.4% lower in Panama.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.44 USD in the United Kingdom and 1.52 USD in Panama. The price of this product is 37.7% lower in Panama.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 8.14 USD in the United Kingdom and 2 USD in Panama. The price of this product is 75.4% lower in Panama.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 6.79 USD in the United Kingdom and 3.5 USD in Panama. The price of this product is 48.5% lower in Panama.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 9.5 USD in the United Kingdom and 7 USD in Panama. The price of this product is 26.3% lower in Panama.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 95 USD in the United Kingdom and 50 USD in Panama. The price of this product is 47.4% lower in Panama.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 20.36 USD in the United Kingdom and 8 USD in Panama. The price of this product is 60.7% lower in Panama.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 1.87 USD in the United Kingdom and 1.19 USD in Panama. The price of this product is 36.4% lower in Panama.
Fuel
United Kingdom vs. Panama - expenses related to fuel. You would pay 2.02 times more for fuel in the United Kingdom than in Panama.
Diesel 1L
A liter of diesel costs 1.81 USD in the United Kingdom and 0.82 USD in Panama. The price of this product is 54.7% lower in Panama.
Gasoline 1L
A liter of gasoline costs 1.75 USD in the United Kingdom and 0.94 USD in Panama. The price of this product is 46.3% lower in Panama.
LPG 1L
Transportation
United Kingdom vs. Panama - costs of transportation and public communication. You would pay 4.86 times more for transportation in the United Kingdom than in Panama.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 213.75 USD in the United Kingdom and 30 USD in Panama. The price of this product is 86% lower in Panama.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 3.53 USD in the United Kingdom and 0.35 USD in Panama. The price of this product is 90.1% lower in Panama.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 39.09 USD in the United Kingdom and 20 USD in Panama. The price of this product is 48.8% lower in Panama.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 2.31 USD in the United Kingdom and 2 USD in Panama. The price of this product is 13.4% lower in Panama.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 5.43 USD in the United Kingdom and 2 USD in Panama. The price of this product is 63.2% lower in Panama.
Sports & entertainment
United Kingdom vs. Panama - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 16.29 USD in the United Kingdom and 6 USD in Panama. The price of this product is 63.2% lower in Panama.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 57.67 USD in the United Kingdom and 46.09 USD in Panama. The price of this product is 20.1% lower in Panama.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 15.76 USD in the United Kingdom and 27.31 USD in Panama. The price of this product is 42.3% lower in the United Kingdom.
Flats for rent
United Kingdom vs. Panama - costs of renting an apartment. You would pay about 3.69 times more for renting an apartment in the United Kingdom than in Panama.
Apartment (1 bedroom) in City Centre
For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 2774 USD in the United Kingdom and 777.64 USD in Panama. The price of this product is 72% lower in Panama.
Apartment (1 bedroom) Outside of Centre
For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 1966 USD in the United Kingdom and 458.86 USD in Panama. The price of this product is 76.7% lower in Panama.
Apartment (3 bedrooms) in City Centre
For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 4944 USD in the United Kingdom and 1457 USD in Panama. The price of this product is 70.5% lower in Panama.
Apartment (3 bedrooms) Outside of Centre
For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 3335 USD in the United Kingdom and 830.76 USD in Panama. The price of this product is 75.1% lower in Panama.
Flats for sale
United Kingdom vs. Panama - costs of purchasing an apartment. You would pay 8.09 times more for buying an apartment in the United Kingdom than in Panama.
Price per Square Meter to Buy Apartment in City Centre
For one square meter of an apartment in the city center you will pay 16320 USD in the United Kingdom and 2039 USD in Panama. The price of this product is 87.5% lower in Panama.
Price per Square Meter to Buy Apartment Outside of Centre
For one square meter of an apartment outside the city center, you will pay 9963 USD in the United Kingdom and 1211 USD in Panama. The price of this product is 87.8% lower in Panama.
Salary
United Kingdom vs. Panama - average salary. The average salary in the United Kingdom is 5.43 times higher than in Panama.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 4116 USD in the United Kingdom and 757.34 USD in Panama. The average salary is 81.6% lower in Panama.
Hotels
United Kingdom vs. Panama - prices of accommodation in hostels, guesthouses, and hotels.
One star
Two stars
Three stars
Four stars
Five stars
Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • United Kingdom: 20 cities, 1334 hotels • Panama: 6 cities, 124 hotels