Last update: Nov 2026

Cost of Living Comparison Between Austin, TX and Panama

Name: Panama
Address: PA

For one person, living is cheaper in Panama: $1,643 a month against $2,689 in Austin, TX, rent and utilities included – about $12,600 less a year. Rent and utilities account for most of the difference.

128

Cost of Living Index in Austin, TX
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Austin, TX Living Index
79

Cost of Living Index in Panama
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Panama Living Index

Jump to prices

Austin, TX

🇺🇸 United States

$2,689

/mo nomad

🇵🇦 Panama

$1,643

/mo nomad

😐 Solo nomad: Austin, TX is 51% more expensive than Panama without rent, and 63.6% more expensive with rent.

😐 Family of 3: Austin, TX is 53.3% more expensive than Panama without rent, and 63.8% more expensive with rent.

Meal at Budget Restaurant

$21.34 $21.34

$7.85 PAB 7.85

171.85%

Three-Course Dinner for Two, Mid-Range

$87.9 $87.9

$45.17 PAB 45.17

94.55%

Fast Food Meal (McDonalds, etc)

$12.44 $12.44

$8.06 PAB 8.06

54.34%

Cappuccino

$5.60 $5.60

$3.93 PAB 3.93

42.49%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.65 $3.65

$1.64 PAB 1.64

122.56%

Water (0.33 liter bottle)

$2.39 $2.39

$1.34 PAB 1.34

78.36%

Local Beer (0.5 liter draught)

$7.82 $7.82

$2.21 PAB 2.21

253.85%

Imported Beer (0.33 liter bottle)

$8.75 $8.75

$3.89 PAB 3.89

124.94%

Milk (1 liter)

$1.12 $1.12

$1.81 PAB 1.81

-38.12%

White Bread (500g)

$3.62 $3.62

$2.42 PAB 2.42

49.59%

Rice (white) (1kg)

$3.50 $3.50

$2.99 PAB 2.99

17.06%

Eggs

$4.45 $4.45

$2.47 PAB 2.47

80.16%

Local Cheese (1kg)

$13.18 $13.18

$12.34 PAB 12.34

6.81%

Chicken Fillets (1kg)

$13.94 $13.94

$6.93 PAB 6.93

101.15%

Beef Round Steak (1kg)

$16.46 $16.46

$10.28 PAB 10.28

60.12%

Apples (1kg)

$4.73 $4.73

$4.16 PAB 4.16

13.70%

Banana (1kg)

$1.50 $1.50

$1.55 PAB 1.55

-3.23%

Oranges (1kg)

$4.64 $4.64

$3.66 PAB 3.66

26.78%

Tomato (1kg)

$4.52 $4.52

$3.76 PAB 3.76

20.21%

Potato (1kg)

$2.55 $2.55

$2.56 PAB 2.56

-0.39%

Onion (1kg)

$2.39 $2.39

$3.25 PAB 3.25

-26.46%

Lettuce (1 head)

$1.84 $1.84

$2.24 PAB 2.24

-17.86%

Water (1.5 liter bottle)

$2.13 $2.13

$1.66 PAB 1.66

28.31%

Cigarettes 20 Pack (Marlboro, Camel)

$10.05 $10.05

$6.04 PAB 6.04

66.39%

Wine (Bottle)

$14.88 $14.88

$10.14 PAB 10.14

46.75%

Local Beer (0.5 liter bottle)

$2.82 $2.82

$1.41 PAB 1.41

100.00%

Imported Beer (0.33 liter bottle)

$3.29 $3.29

$2.35 PAB 2.35

40.00%

One-way Ticket (Public Transport)

$1.23 $1.23

$0.38 PAB 0.38

223.68%

Public Transport Monthly Pass (Regular Price)

$41.43 $41.43

$21.35 PAB 21.35

94.05%

Taxi Start (Normal Tariff)

$2.68 $2.68

$2.56 PAB 2.56

4.69%

Taxi (Normal Tariff) (1km)

$1.63 $1.63

$1.79 PAB 1.79

-8.94%

Taxi 1hour Waiting (Normal Tariff)

$35.20 $35.20

$21.97 PAB 21.97

60.22%

Gasoline (1 liter)

$0.98 $0.98

$1.18 PAB 1.18

-16.95%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.4K $34.4K

$25.9K PAB 25.9K

32.82%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.8K $26.8K

$22.3K PAB 22.3K

20.09%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$252 $252

$119 PAB 119

112.53%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$59.8 $59.8

$26.61 PAB 26.61

124.88%

Internet (50+ Mbps, Unlimited Data)

$69.7 $69.7

$46.95 PAB 46.95

48.35%

Gym Membership (Monthly)

$60.4 $60.4

$48.46 PAB 48.46

24.56%

Tennis Court (1 Hour on Weekend)

$18.14 $18.14

$30.25 PAB 30.25

-40.03%

Cinema Ticket

$13.75 $13.75

$8.02 PAB 8.02

71.45%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,458 $1,458

$539 PAB 539

170.79%

International Primary School, 1 Child (Yearly)

$26.6K $26.6K

$19.5K PAB 19.5K

36.53%

Jeans (Levis 501 Or Similar)

$52.6 $52.6

$53.6 PAB 53.6

-1.74%

Summer Dress (H&M, Zara, etc)

$45.76 $45.76

$44.47 PAB 44.47

2.90%

Sport Shoes (Adidas, Nike)

$85.5 $85.5

$90.0 PAB 90.0

-4.98%

Men's Leather Business Shoes

$106 $106

$104 PAB 104

1.96%

1-bedroom Apartment, City Center (Monthly)

$2,195 $2,195

$996 PAB 996

120.26%

1-bedroom Apartment, Outside City Center (Monthly)

$1,269 $1,269

$751 PAB 751

68.99%

3-bedroom Apartment, City Center (Monthly)

$4,000 $4,000

$1,770 PAB 1,770

125.95%

3-bedroom Apartment, Outside City Center (Monthly)

$2,406 $2,406

$1,384 PAB 1,384

73.88%

Buy Apartment in City Center (m2)

$7,381 $7,381

$3,003 PAB 3,003

145.79%

Buy Apartment Outside City Center (m2)

$2,964 $2,964

$1,708 PAB 1,708

73.58%

Average Monthly Net Salary (After Tax)

$5,043 $5,043

$818 PAB 818

516.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.82

6.37

7.06%

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

Last update for Austin, TX: November 2, 2026

Last update for Panama: November 3, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Austin, TX

$1.3K 47.2%

Panama

$751 45.7% 40.8% $518

Groceries & Markets

Austin, TX

$407 15.2%

Panama

$305 18.6% 25.1% $102

Monthly Utilities & Internet

Austin, TX

$382 14.2%

Panama

$192 11.7% 49.6% $189

Eating Out

Austin, TX

$356 13.2%

Panama

$165 10% 53.7% $191

Clothing & Footwear

Austin, TX

$130 4.9%

Panama

$131 8% 0.7% $0.9

Sport & Entertainment

Austin, TX

$88 3.3%

Panama

$65 3.9% 26.6% $23

Getting Around

Austin, TX

$57 2.1%

Panama

$34 2.1% 39.8% $23

Good to know

🇺🇸 Austin, TX

🇵🇦 Panama

🕒 Local time

06:16 6:16 AM

07:16 7:16 AM

1 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

4,098,587

💱 Currency

United States Dollar USD $

Panamanian Balboa PAB B/.

📈 Exchange rate

1 USD = 0.89 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, EUR to USD – United States Dollar Converter

🇵🇦 Panamanian Balboa (B/.)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 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 = 0.89 EUR).

PAB to USD in detail →

On the map

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Between locations

Austin, TX Panama 3,030 km ≈ 4 h 15 min nonstop flight

From you

Austin, TX
Panama

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 other spots: cost of living compared

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