London vs Panama City

Cost of living comparison for 2026. Panama City is roughly 37% more affordable than London (index 31 vs 49, New York = 100). Data sourced live via AI — updated regularly.

Panama City
More affordable overall
37% cheaper than London · Cost index: 31 vs 49

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

49Cost Index31✓
3,650✓Median Income /mo1,300
76✓Safety Index60
20Income Tax %15✓
86✓Internet (Mbps)75
300Coworking /mo200✓

Price Breakdown

LondonCategoryPanama City
$3,004/month
1-BR Apartment (Center)
56% ← cheaper
$1,320/month
$1.32/liter
Meal for One
24% ← cheaper
$1/liter
$19/meal
Restaurant (Mid-range)
37% ← cheaper
$12/meal
$256/month
Monthly Transit Pass
92% ← cheaper
$21/month
$388/month
Utilities (Monthly)
68% ← cheaper
$124/month
$60/visit
Doctor Visit
33% ← cheaper
$40/visit

Digital Nomad Profile

London

Internet86 Mbps
Coworking$300/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability82/100

Panama City

Internet75 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability55/100

Frequently Asked Questions

Is London cheaper than Panama City?

Panama City is cheaper than London. Panama City has a cost of living index of 31/100 compared to 49/100 for London (New York = 100), making it roughly 37% more affordable overall.

How much cheaper is Panama City than London?

Panama City is approximately 37% cheaper than London based on cost index scores (31 vs 49, where New York = 100). A person spending $3,000/month in London could live a similar lifestyle for roughly $1,897/month in Panama City.

What is the rent comparison between London and Panama City?

In London, a 1-bedroom apartment in the city center costs approximately $3,004/month. In Panama City, the equivalent is around $1,320/month.

Which city is better for digital nomads — London or Panama City?

Both cities have nomad infrastructure. London offers 86 Mbps internet and coworking at ~$300/month. Panama City offers 75 Mbps and coworking at ~$200/month. Panama City has a cost advantage of 37%.

What is the average income in London vs Panama City?

The median net monthly salary in London is approximately $3,650 USD, compared to $1,300 USD in Panama City.

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