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

😐 Solo nomad: Australia is 31% more expensive than Panama without rent, and 47.4% more expensive with rent.
😐 Family of 3: Australia is 35.9% more expensive than Panama without rent, and 33.4% more expensive with rent.
Currency
🍽 Eating Out
Australia
Panama
Difference
Meal at Budget Restaurant
$15.97 A$24.47
$10.18 PAB 10.18
56.88%
Three-Course Dinner for Two, Mid-Range
$77.2 A$118
$50.5 PAB 50.5
52.92%
Fast Food Meal (McDonalds, etc)
$9.66 A$14.8
$7.58 PAB 7.58
27.44%
Cappuccino
$3.57 A$5.48
$3.55 PAB 3.55
0.56%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.64 A$4.04
$1.51 PAB 1.51
74.83%
Water (0.33 liter bottle)
$2.22 A$3.41
$1.23 PAB 1.23
80.49%
Local Beer (0.5 liter draught)
$6.57 A$10.06
$2.23 PAB 2.23
194.62%
Imported Beer (0.33 liter bottle)
$6.98 A$10.7
$3.73 PAB 3.73
87.13%
🛒 Groceries & Markets
Australia
Panama
Difference
Milk (1 liter)
$1.5 A$2.3
$1.83 PAB 1.83
-18.03%
White Bread (500g)
$2.42 A$3.7
$2.41 PAB 2.41
0.41%
Rice (white) (1kg)
$2.02 A$3.1
$2.27 PAB 2.27
-11.01%
Eggs
$4.38 A$6.71
$2.7 PAB 2.7
62.22%
Local Cheese (1kg)
$8.86 A$13.58
$11.54 PAB 11.54
-23.22%
Chicken Fillets (1kg)
$8.26 A$12.66
$7.39 PAB 7.39
11.77%
Beef Round Steak (1kg)
$14.14 A$21.66
$9.36 PAB 9.36
51.07%
Apples (1kg)
$3.24 A$4.96
$3.89 PAB 3.89
-16.71%
Banana (1kg)
$2.68 A$4.11
$1.37 PAB 1.37
95.62%
Oranges (1kg)
$2.86 A$4.39
$2.89 PAB 2.89
-1.04%
Tomato (1kg)
$4.25 A$6.5
$3.05 PAB 3.05
39.34%
Potato (1kg)
$2.55 A$3.91
$2.1 PAB 2.1
21.43%
Onion (1kg)
$2.19 A$3.35
$2.46 PAB 2.46
-10.98%
Lettuce (1 head)
$2.24 A$3.43
$2.14 PAB 2.14
4.67%
Water (1.5 liter bottle)
$1.57 A$2.41
$1.6 PAB 1.6
-1.88%
Cigarettes 20 Pack (Marlboro, Camel)
$31.36 A$48.04
$5.88 PAB 5.88
433.33%
Wine (Bottle)
$13.32 A$20.41
$10.17 PAB 10.17
30.97%
Local Beer (0.5 liter bottle)
$4.61 A$7.06
$1.24 PAB 1.24
271.77%
Imported Beer (0.33 liter bottle)
$4.97 A$7.61
$2.22 PAB 2.22
123.87%
🚌 Getting Around
Australia
Panama
Difference
One-way Ticket (Public Transport)
$2.97 A$4.54
$0.52 PAB 0.52
471.15%
Public Transport Monthly Pass (Regular Price)
$98 A$150
$25.45 PAB 25.45
285.23%
Taxi Start (Normal Tariff)
$3.62 A$5.55
$2.05 PAB 2.05
76.59%
Taxi (Normal Tariff) (1km)
$1.82 A$2.79
$1.99 PAB 1.99
-8.54%
Taxi 1hour Waiting (Normal Tariff)
$37.78 A$57.9
$20.72 PAB 20.72
82.34%
Gasoline (1 liter)
$1.2 A$1.84
$0.96 PAB 0.96
25.00%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.1K A$44.6K
$21.3K PAB 21.3K
36.37%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.5K A$34.5K
$20.9K PAB 20.9K
7.82%
🧾 Monthly Utilities & Internet
Australia
Panama
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$180 A$276
$108 PAB 108
66.64%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.23 A$40.19
$29.43 PAB 29.43
-10.87%
Internet (50+ Mbps, Unlimited Data)
$52.8 A$80.9
$47.41 PAB 47.41
11.43%
🎉 Sport & Entertainment
Australia
Panama
Difference
Gym Membership (Monthly)
$46.77 A$71.7
$49.24 PAB 49.24
-5.02%
Tennis Court (1 Hour on Weekend)
$16.37 A$25.08
$33.72 PAB 33.72
-51.45%
Cinema Ticket
$13.82 A$21.18
$7.11 PAB 7.11
94.37%
🧸 Childcare & Education
Australia
Panama
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,599 A$2,450
$439 PAB 439
264.04%
International Primary School, 1 Child (Yearly)
$12.3K A$18.8K
$11.6K PAB 11.6K
6.19%
👕👟 Clothing & Footwear
Australia
Panama
Difference
Jeans (Levis 501 Or Similar)
$71.7 A$110
$47.07 PAB 47.07
52.24%
Summer Dress (H&M, Zara, etc)
$51.5 A$78.8
$40.77 PAB 40.77
26.20%
Sport Shoes (Adidas, Nike)
$101 A$155
$85 PAB 85
18.95%
Men's Leather Business Shoes
$110 A$168
$116 PAB 116
-5.37%
🏠 Accommodation & Living
Australia
Panama
Difference
1-bedroom Apartment, City Center (Monthly)
$1,395 A$2,137
$923 PAB 923
51.04%
1-bedroom Apartment, Outside City Center (Monthly)
$1,106 A$1,694
$711 PAB 711
55.49%
3-bedroom Apartment, City Center (Monthly)
$2,271 A$3,480
$1,745 PAB 1,745
30.15%
3-bedroom Apartment, Outside City Center (Monthly)
$1,775 A$2,719
$1,378 PAB 1,378
28.77%
Buy Apartment in City Center (m2)
$6,985 A$10.7K
$1,884 PAB 1,884
270.74%
Buy Apartment Outside City Center (m2)
$5,106 A$7,823
$1,502 PAB 1,502
239.93%
💵 Salaries & Financials
Australia
Panama
Difference
Average Monthly Net Salary (After Tax)
$3,626 A$5,555
$807 PAB 807
349.18%
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: October 29, 2025

Last update for Panama: October 28, 2025

Similar cities

Join the CityCost newsletter – low traffic, no spam, and easy to unsubscribe. Your email stays private.