Last update: Nov 2026

Cost of Living Comparison Between Austin, TX and David

For one person, living is cheaper in David: $884 a month against $2,689 in Austin, TX, rent and utilities included – about $21,700 less a year. Rent and utilities account for about half of the difference.

Austin, TX, United States
David, Panama
Austin, TX
🇺🇸 United States
$2,689
/mo nomad
David
🇵🇦 Panama
$884
/mo nomad
Monthly Cost of Living

How much you'll spend in Austin, TX and in David

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Austin, TX and in David actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,689 in Austin, TX versus $884 in David.

  • Austin, TX $2,689
  • David $884

Estimated couple costs with rent: $4,112 in Austin, TX versus $948 in David.

  • Austin, TX $4,112
  • David $948

Monthly costs for a family of three with rent: $5,534 in Austin, TX versus $1,011 in David.

  • Austin, TX $5,534
  • David $1,011

Living in Austin, TX is roughly 204% more expensive than in David, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Austin, TX is 99% above, David is 35% below.

Currency
🍽 Eating Out
Austin, TX
David
Difference
Meal at Budget Restaurant
$21.34 $21.34
$5.38 PAB 5.38
296.65%
Three-Course Dinner for Two, Mid-Range
$87.9 $87.9
$37.24 PAB 37.24
135.98%
Fast Food Meal (McDonalds, etc)
$12.44 $12.44
$7.36 PAB 7.36
69.02%
Cappuccino
$5.60 $5.60
$3.13 PAB 3.13
78.91%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.65 $3.65
$1.54 PAB 1.54
137.01%
Water (0.33 liter bottle)
$2.39 $2.39
$1.54 PAB 1.54
55.19%
Local Beer (0.5 liter draught)
$7.82 $7.82
$1.97 PAB 1.97
296.95%
Imported Beer (0.33 liter bottle)
$8.75 $8.75
$2.73 PAB 2.73
220.51%
🛒 Groceries & Markets
Austin, TX
David
Difference
Milk (1 liter)
$1.12 $1.12
$1.70 PAB 1.70
-34.12%
White Bread (500g)
$3.62 $3.62
$2.26 PAB 2.26
60.18%
Rice (white) (1kg)
$3.50 $3.50
$2.39 PAB 2.39
46.44%
Eggs
$4.45 $4.45
$2.42 PAB 2.42
83.88%
Local Cheese (1kg)
$13.18 $13.18
-
-
Chicken Fillets (1kg)
$13.94 $13.94
-
-
Beef Round Steak (1kg)
$16.46 $16.46
-
-
Apples (1kg)
$4.73 $4.73
-
-
Banana (1kg)
$1.50 $1.50
-
-
Oranges (1kg)
$4.64 $4.64
-
-
Tomato (1kg)
$4.52 $4.52
-
-
Potato (1kg)
$2.55 $2.55
-
-
Onion (1kg)
$2.39 $2.39
-
-
Lettuce (1 head)
$1.84 $1.84
$1.98 PAB 1.98
-7.07%
Water (1.5 liter bottle)
$2.13 $2.13
-
-
Cigarettes 20 Pack (Marlboro, Camel)
$10.05 $10.05
-
-
Wine (Bottle)
$14.88 $14.88
$9.87 PAB 9.87
50.76%
Local Beer (0.5 liter bottle)
$2.82 $2.82
-
-
Imported Beer (0.33 liter bottle)
$3.29 $3.29
-
-
🚌 Getting Around
Austin, TX
David
Difference
One-way Ticket (Public Transport)
$1.23 $1.23
$0.78 PAB 0.78
57.69%
Public Transport Monthly Pass (Regular Price)
$41.43 $41.43
-
-
Taxi Start (Normal Tariff)
$2.68 $2.68
$2.92 PAB 2.92
-8.22%
Taxi (Normal Tariff) (1km)
$1.63 $1.63
$2.06 PAB 2.06
-20.87%
Taxi 1hour Waiting (Normal Tariff)
$35.20 $35.20
-
-
Gasoline (1 liter)
$0.98 $0.98
$1.06 PAB 1.06
-7.55%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.4K $34.4K
$24.6K PAB 24.6K
39.94%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.8K $26.8K
$30.1K PAB 30.1K
-10.92%
🧾 Monthly Utilities & Internet
Austin, TX
David
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$252 $252
$186 PAB 186
35.27%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$59.8 $59.8
$28.68 PAB 28.68
108.65%
Internet (50+ Mbps, Unlimited Data)
$69.7 $69.7
$48.74 PAB 48.74
42.90%
🎉 Sport & Entertainment
Austin, TX
David
Difference
Gym Membership (Monthly)
$60.4 $60.4
$31.49 PAB 31.49
91.68%
Tennis Court (1 Hour on Weekend)
$18.14 $18.14
-
-
Cinema Ticket
$13.75 $13.75
-
-
🧸 Childcare & Education
Austin, TX
David
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,458 $1,458
-
-
International Primary School, 1 Child (Yearly)
$26.6K $26.6K
$5,890 PAB 5,890
351.14%
👕👟 Clothing & Footwear
Austin, TX
David
Difference
Jeans (Levis 501 Or Similar)
$52.6 $52.6
-
-
Summer Dress (H&M, Zara, etc)
$45.76 $45.76
-
-
Sport Shoes (Adidas, Nike)
$85.5 $85.5
-
-
Men's Leather Business Shoes
$106 $106
-
-
🏠 Accommodation & Living
Austin, TX
David
Difference
1-bedroom Apartment, City Center (Monthly)
$2,195 $2,195
$352 PAB 352
523.51%
1-bedroom Apartment, Outside City Center (Monthly)
$1,269 $1,269
$356 PAB 356
256.63%
3-bedroom Apartment, City Center (Monthly)
$4,000 $4,000
-
-
3-bedroom Apartment, Outside City Center (Monthly)
$2,406 $2,406
-
-
Buy Apartment in City Center (m2)
$7,381 $7,381
-
-
Buy Apartment Outside City Center (m2)
$2,964 $2,964
-
-
💵 Salaries & Financials
Austin, TX
David
Difference
Average Monthly Net Salary (After Tax)
$5,043 $5,043
$599 PAB 599
741.45%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.82
7
-2.57%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Austin, TX: November 2, 2026

Last update for David: November 2, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Austin, TX
$1.3K
David
–
Groceries & Markets
Austin, TX
$407
David
–
Monthly Utilities & Internet
Austin, TX
$382
David
–
Eating Out
Austin, TX
$356
David
–
Clothing & Footwear
Austin, TX
$130
David
–
Sport & Entertainment
Austin, TX
$88
David
–
Getting Around
Austin, TX
$57
David
–

Cost Breakdown

A one-bedroom apartment in the center runs $2,195 in Austin, TX and $352 in David. Housing cost is often the main lever when comparing two cities.

Austin, TX pays about 8.4 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $88 in Austin, TX vs $37 in David for a mid-range dinner for two. Groceries echo the gap at $407 vs $87 per month, with David cheaper across the board.

Good to know
🇺🇸 Austin, TX
🇵🇦 David
🕒 Local time
20:15 8:15 PM
21:15 9:15 PM
1 h ahead of Austin, TX
🌤 Weather
👥 Population
974,447
82,907
Exchange rates and currency converter

PAB, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

Panamanian Balboa exchange rates as of November 6, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.891 EUR).

On the map
Between locations
  • Austin, TX David 2,900 km ≈ 4 h 15 min nonstop flight
From you
  • Austin, TX
  • David

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Austin, TX vs David: Cost of Living - Frequently Asked Questions
Which city is more expensive, Austin, TX or David?
David wins on cost – living expenses run 67% lower than in Austin, TX. Housing and daily spending are where you’ll feel the difference most, making David the obvious pick if budget is a priority.
Are salaries higher in Austin, TX or in David?
Average pay in Austin, TX is about 8.4 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How much does a 1-bedroom apartment cost in Austin, TX compared to David?
Rent for a central apartment: $2,195 in Austin, TX versus $352 in David. Housing is usually the single largest factor when comparing overall living costs between the two.
How much does it cost to live in Austin, TX compared to David?
All in, you’ll spend $2,689 per month in Austin, TX versus $884 in David – David is about 67% cheaper, which adds up to real savings over time.
Are groceries more expensive in Austin, TX or in David?
Supermarket bills run roughly 371% higher in Austin, TX. For households that cook at home regularly, that difference adds up over a month.
Can you live on $1,000/month in Austin, TX or in David?
At $884 in David versus $2,689 in Austin, TX, a $1,000 budget is realistic in David but tight or insufficient in Austin, TX. The gap between the two cities makes David the clear choice for anyone on this budget.
Which city offers a better quality of life: Austin, TX or David?
Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.
Should I move to Austin, TX or to David?
It comes down to priorities – David wins on affordability, Austin, TX on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.

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