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Cost of Living Comparison Between Australia and Panama Cost of Living Comparison Between Australia and Panama

😐 Solo nomad: Australia is 34.6% more expensive than Panama without rent, and 46.3% more expensive with rent.
😐 Family of 3: Australia is 34% more expensive than Panama without rent, and 29.2% more expensive with rent.
Currency
🍽 Eating Out
Australia
Panama
Difference
Meal at Budget Restaurant
$16.57 A$24.86
$9.89 PAB 9.89
67.54%
Three-Course Dinner for Two, Mid-Range
$77.7 A$117
$50.8 PAB 50.8
53.00%
Fast Food Meal (McDonalds, etc)
$9.88 A$14.82
$7.62 PAB 7.62
29.66%
Cappuccino
$3.48 A$5.22
$3.60 PAB 3.60
-3.33%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.56 A$3.84
$1.47 PAB 1.47
74.15%
Water (0.33 liter bottle)
$2.13 A$3.20
$1.29 PAB 1.29
65.12%
Local Beer (0.5 liter draught)
$6.62 A$9.93
$2.22 PAB 2.22
198.20%
Imported Beer (0.33 liter bottle)
$7.31 A$10.97
$3.73 PAB 3.73
95.98%
🛒 Groceries & Markets
Australia
Panama
Difference
Milk (1 liter)
$1.51 A$2.26
$1.80 PAB 1.80
-16.11%
White Bread (500g)
$2.49 A$3.74
$2.48 PAB 2.48
0.40%
Rice (white) (1kg)
$2.07 A$3.10
$2.24 PAB 2.24
-7.59%
Eggs
$4.27 A$6.41
$2.60 PAB 2.60
64.23%
Local Cheese (1kg)
$8.73 A$13.10
$11.37 PAB 11.37
-23.22%
Chicken Fillets (1kg)
$8.25 A$12.38
$7.20 PAB 7.20
14.58%
Beef Round Steak (1kg)
$14.17 A$21.26
$9.52 PAB 9.52
48.84%
Apples (1kg)
$3.27 A$4.90
$4.02 PAB 4.02
-18.66%
Banana (1kg)
$2.68 A$4.02
$1.33 PAB 1.33
101.50%
Oranges (1kg)
$2.89 A$4.34
$2.90 PAB 2.90
-0.34%
Tomato (1kg)
$4.28 A$6.42
$3.04 PAB 3.04
40.79%
Potato (1kg)
$2.47 A$3.70
$2.17 PAB 2.17
13.82%
Onion (1kg)
$2.11 A$3.16
$2.37 PAB 2.37
-10.97%
Lettuce (1 head)
$2.30 A$3.44
$2.14 PAB 2.14
7.48%
Water (1.5 liter bottle)
$1.50 A$2.24
$1.63 PAB 1.63
-7.98%
Cigarettes 20 Pack (Marlboro, Camel)
$31.81 A$47.72
$6.04 PAB 6.04
426.66%
Wine (Bottle)
$13.45 A$20.17
$10.18 PAB 10.18
32.12%
Local Beer (0.5 liter bottle)
$4.48 A$6.72
$1.25 PAB 1.25
258.40%
Imported Beer (0.33 liter bottle)
$5.01 A$7.51
$2.30 PAB 2.30
117.83%
🚌 Getting Around
Australia
Panama
Difference
One-way Ticket (Public Transport)
$2.91 A$4.37
$0.52 PAB 0.52
459.62%
Public Transport Monthly Pass (Regular Price)
$97.0 A$146
$25.15 PAB 25.15
285.69%
Taxi Start (Normal Tariff)
$3.67 A$5.51
$2.05 PAB 2.05
79.02%
Taxi (Normal Tariff) (1km)
$1.81 A$2.71
$1.95 PAB 1.95
-7.18%
Taxi 1hour Waiting (Normal Tariff)
$38.37 A$57.6
$20.88 PAB 20.88
83.76%
Gasoline (1 liter)
$1.20 A$1.79
$0.96 PAB 0.96
25.00%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.1K A$43.6K
$21.6K PAB 21.6K
34.61%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.7K A$34.1K
$21.2K PAB 21.2K
7.42%
🧾 Monthly Utilities & Internet
Australia
Panama
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$175 A$262
$107 PAB 107
63.36%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.26 A$39.39
$28.96 PAB 28.96
-9.32%
Internet (50+ Mbps, Unlimited Data)
$53.0 A$79.5
$47.54 PAB 47.54
11.42%
🎉 Sport & Entertainment
Australia
Panama
Difference
Gym Membership (Monthly)
$47.12 A$70.7
$50.3 PAB 50.3
-6.40%
Tennis Court (1 Hour on Weekend)
$16.51 A$24.77
$34.39 PAB 34.39
-51.99%
Cinema Ticket
$13.57 A$20.35
$6.90 PAB 6.90
96.67%
🧸 Childcare & Education
Australia
Panama
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,588 A$2,382
$442 PAB 442
258.97%
International Primary School, 1 Child (Yearly)
$12.5K A$18.8K
$11.3K PAB 11.3K
10.48%
👕👟 Clothing & Footwear
Australia
Panama
Difference
Jeans (Levis 501 Or Similar)
$69.7 A$105
$46.73 PAB 46.73
49.22%
Summer Dress (H&M, Zara, etc)
$50.7 A$76.0
$41.09 PAB 41.09
23.29%
Sport Shoes (Adidas, Nike)
$102 A$153
$83.8 PAB 83.8
21.86%
Men's Leather Business Shoes
$109 A$163
$117 PAB 117
-6.73%
🏠 Accommodation & Living
Australia
Panama
Difference
1-bedroom Apartment, City Center (Monthly)
$1,370 A$2,055
$948 PAB 948
44.55%
1-bedroom Apartment, Outside City Center (Monthly)
$1,076 A$1,613
$705 PAB 705
52.55%
3-bedroom Apartment, City Center (Monthly)
$2,270 A$3,404
$1,721 PAB 1,721
31.84%
3-bedroom Apartment, Outside City Center (Monthly)
$1,772 A$2,658
$1,363 PAB 1,363
29.98%
Buy Apartment in City Center (m2)
$7,081 A$10.6K
$2,980 PAB 2,980
137.61%
Buy Apartment Outside City Center (m2)
$5,392 A$8,088
$1,704 PAB 1,704
216.41%
💵 Salaries & Financials
Australia
Panama
Difference
Average Monthly Net Salary (After Tax)
$3,742 A$5,614
$799 PAB 799
368.54%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.35
6.3
0.79%

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

Last update for Australia: January 10, 2026

Last update for Panama: January 13, 2026

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