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

😐 Solo nomad: Australia is 34.4% more expensive than Panama without rent, and 47.6% more expensive with rent.
😐 Family of 3: Australia is 35.5% more expensive than Panama without rent, and 31.2% more expensive with rent.
Currency
🍽 Eating Out
Australia
Panama
Difference
Meal at Budget Restaurant
$16.48 A$22.91
$9.89 PAB 9.89
66.63%
Three-Course Dinner for Two, Mid-Range
$76.8 A$107
$49.66 PAB 49.66
54.61%
Fast Food Meal (McDonalds, etc)
$9.50 A$13.20
$7.68 PAB 7.68
23.70%
Cappuccino
$3.41 A$4.74
$3.49 PAB 3.49
-2.29%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.59 A$3.60
$1.47 PAB 1.47
76.19%
Water (0.33 liter bottle)
$2.20 A$3.06
$1.26 PAB 1.26
74.60%
Local Beer (0.5 liter draught)
$6.35 A$8.82
$2.31 PAB 2.31
174.89%
Imported Beer (0.33 liter bottle)
$7.00 A$9.73
$3.80 PAB 3.80
84.21%
🛒 Groceries & Markets
Australia
Panama
Difference
Milk (1 liter)
$1.49 A$2.08
$1.84 PAB 1.84
-19.02%
White Bread (500g)
$2.44 A$3.39
$2.47 PAB 2.47
-1.21%
Rice (white) (1kg)
$2.09 A$2.90
$2.24 PAB 2.24
-6.70%
Eggs
$4.31 A$5.99
$2.72 PAB 2.72
58.46%
Local Cheese (1kg)
$8.99 A$12.49
$11.12 PAB 11.12
-19.15%
Chicken Fillets (1kg)
$8.47 A$11.77
$7.03 PAB 7.03
20.48%
Beef Round Steak (1kg)
$13.71 A$19.06
$9.16 PAB 9.16
49.67%
Apples (1kg)
$3.15 A$4.37
$3.94 PAB 3.94
-20.05%
Banana (1kg)
$2.70 A$3.75
$1.32 PAB 1.32
104.55%
Oranges (1kg)
$2.89 A$4.02
$2.99 PAB 2.99
-3.34%
Tomato (1kg)
$4.42 A$6.14
$2.98 PAB 2.98
48.32%
Potato (1kg)
$2.51 A$3.48
$2.16 PAB 2.16
16.20%
Onion (1kg)
$2.09 A$2.91
$2.48 PAB 2.48
-15.73%
Lettuce (1 head)
$2.28 A$3.17
$2.08 PAB 2.08
9.62%
Water (1.5 liter bottle)
$1.52 A$2.11
$1.61 PAB 1.61
-5.59%
Cigarettes 20 Pack (Marlboro, Camel)
$31.27 A$43.46
$5.87 PAB 5.87
432.71%
Wine (Bottle)
$14.43 A$20.06
$9.93 PAB 9.93
45.32%
Local Beer (0.5 liter bottle)
$4.44 A$6.17
$1.22 PAB 1.22
263.93%
Imported Beer (0.33 liter bottle)
$5.03 A$7.00
$2.25 PAB 2.25
123.56%
🚌 Getting Around
Australia
Panama
Difference
One-way Ticket (Public Transport)
$2.86 A$3.97
$0.52 PAB 0.52
450.00%
Public Transport Monthly Pass (Regular Price)
$96.7 A$134
$24.98 PAB 24.98
286.95%
Taxi Start (Normal Tariff)
$3.67 A$5.11
$2.06 PAB 2.06
78.16%
Taxi (Normal Tariff) (1km)
$1.75 A$2.43
$2.05 PAB 2.05
-14.63%
Taxi 1hour Waiting (Normal Tariff)
$37.40 A$52.0
$21.36 PAB 21.36
75.09%
Gasoline (1 liter)
$1.16 A$1.61
$0.88 PAB 0.88
31.82%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.2K A$40.7K
$21.5K PAB 21.5K
36.13%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.5K A$31.3K
$21.1K PAB 21.1K
6.71%
🧾 Monthly Utilities & Internet
Australia
Panama
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$175 A$243
$108 PAB 108
61.89%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$25.88 A$35.97
$29.60 PAB 29.60
-12.57%
Internet (50+ Mbps, Unlimited Data)
$52.3 A$72.7
$47.27 PAB 47.27
10.70%
🎉 Sport & Entertainment
Australia
Panama
Difference
Gym Membership (Monthly)
$46.98 A$65.3
$49.91 PAB 49.91
-5.87%
Tennis Court (1 Hour on Weekend)
$16.32 A$22.69
$34.22 PAB 34.22
-52.31%
Cinema Ticket
$13.87 A$19.27
$7.04 PAB 7.04
97.02%
🧸 Childcare & Education
Australia
Panama
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,587 A$2,205
$452 PAB 452
251.35%
International Primary School, 1 Child (Yearly)
$12.7K A$17.6K
$11.6K PAB 11.6K
9.60%
👕👟 Clothing & Footwear
Australia
Panama
Difference
Jeans (Levis 501 Or Similar)
$70.3 A$97.7
$47.42 PAB 47.42
48.17%
Summer Dress (H&M, Zara, etc)
$49.95 A$69.4
$40.80 PAB 40.80
22.43%
Sport Shoes (Adidas, Nike)
$101 A$140
$83.7 PAB 83.7
20.28%
Men's Leather Business Shoes
$112 A$155
$120 PAB 120
-6.84%
🏠 Accommodation & Living
Australia
Panama
Difference
1-bedroom Apartment, City Center (Monthly)
$1,406 A$1,954
$939 PAB 939
49.65%
1-bedroom Apartment, Outside City Center (Monthly)
$1,109 A$1,541
$714 PAB 714
55.28%
3-bedroom Apartment, City Center (Monthly)
$2,269 A$3,153
$1,730 PAB 1,730
31.10%
3-bedroom Apartment, Outside City Center (Monthly)
$1,772 A$2,463
$1,353 PAB 1,353
30.89%
Buy Apartment in City Center (m2)
$7,610 A$10.6K
$3,042 PAB 3,042
150.12%
Buy Apartment Outside City Center (m2)
$5,713 A$7,942
$1,677 PAB 1,677
240.70%
💵 Salaries & Financials
Australia
Panama
Difference
Average Monthly Net Salary (After Tax)
$3,890 A$5,408
$821 PAB 821
373.89%
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: April 12, 2026

Last update for Panama: April 12, 2026

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

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