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

Name: Australia
Address: AU

🙂 Solo nomad: Panama is 25.7% cheaper than Australia without rent, and 31.7% cheaper with rent.

🙂 Family of 3: Panama is 25.4% cheaper than Australia without rent, and 22.6% cheaper with rent.

Meal at Budget Restaurant

$9.89 PAB 9.89

$16.57 A$24.86

-40.31%

Three-Course Dinner for Two, Mid-Range

$50.8 PAB 50.8

$77.7 A$117

-34.64%

Fast Food Meal (McDonalds, etc)

$7.62 PAB 7.62

$9.88 A$14.82

-22.87%

Cappuccino

$3.60 PAB 3.60

$3.48 A$5.22

3.45%

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

$1.47 PAB 1.47

$2.56 A$3.84

-42.58%

Water (0.33 liter bottle)

$1.29 PAB 1.29

$2.13 A$3.20

-39.44%

Local Beer (0.5 liter draught)

$2.22 PAB 2.22

$6.62 A$9.93

-66.47%

Imported Beer (0.33 liter bottle)

$3.73 PAB 3.73

$7.31 A$10.97

-48.97%

Milk (1 liter)

$1.80 PAB 1.80

$1.51 A$2.26

19.21%

White Bread (500g)

$2.48 PAB 2.48

$2.49 A$3.74

-0.40%

Rice (white) (1kg)

$2.24 PAB 2.24

$2.07 A$3.10

8.21%

Eggs

$2.60 PAB 2.60

$4.27 A$6.41

-39.11%

Local Cheese (1kg)

$11.37 PAB 11.37

$8.73 A$13.10

30.24%

Chicken Fillets (1kg)

$7.20 PAB 7.20

$8.25 A$12.38

-12.73%

Beef Round Steak (1kg)

$9.52 PAB 9.52

$14.17 A$21.26

-32.82%

Apples (1kg)

$4.02 PAB 4.02

$3.27 A$4.90

22.94%

Banana (1kg)

$1.33 PAB 1.33

$2.68 A$4.02

-50.37%

Oranges (1kg)

$2.90 PAB 2.90

$2.89 A$4.34

0.35%

Tomato (1kg)

$3.04 PAB 3.04

$4.28 A$6.42

-28.97%

Potato (1kg)

$2.17 PAB 2.17

$2.47 A$3.70

-12.15%

Onion (1kg)

$2.37 PAB 2.37

$2.11 A$3.16

12.32%

Lettuce (1 head)

$2.14 PAB 2.14

$2.30 A$3.44

-6.96%

Water (1.5 liter bottle)

$1.63 PAB 1.63

$1.50 A$2.24

8.67%

Cigarettes 20 Pack (Marlboro, Camel)

$6.04 PAB 6.04

$31.81 A$47.72

-81.01%

Wine (Bottle)

$10.18 PAB 10.18

$13.45 A$20.17

-24.31%

Local Beer (0.5 liter bottle)

$1.25 PAB 1.25

$4.48 A$6.72

-72.10%

Imported Beer (0.33 liter bottle)

$2.30 PAB 2.30

$5.01 A$7.51

-54.09%

One-way Ticket (Public Transport)

$0.52 PAB 0.52

$2.91 A$4.37

-82.13%

Public Transport Monthly Pass (Regular Price)

$25.15 PAB 25.15

$97.0 A$146

-74.07%

Taxi Start (Normal Tariff)

$2.05 PAB 2.05

$3.67 A$5.51

-44.14%

Taxi (Normal Tariff) (1km)

$1.95 PAB 1.95

$1.81 A$2.71

7.73%

Taxi 1hour Waiting (Normal Tariff)

$20.88 PAB 20.88

$38.37 A$57.6

-45.58%

Gasoline (1 liter)

$0.96 PAB 0.96

$1.20 A$1.79

-20.00%

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

$21.6K PAB 21.6K

$29.1K A$43.6K

-25.71%

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

$21.2K PAB 21.2K

$22.7K A$34.1K

-6.91%

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

$107 PAB 107

$175 A$262

-38.79%

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

$28.96 PAB 28.96

$26.26 A$39.39

10.28%

Internet (50+ Mbps, Unlimited Data)

$47.54 PAB 47.54

$53.0 A$79.5

-10.25%

Gym Membership (Monthly)

$50.3 PAB 50.3

$47.12 A$70.7

6.83%

Tennis Court (1 Hour on Weekend)

$34.39 PAB 34.39

$16.51 A$24.77

108.30%

Cinema Ticket

$6.90 PAB 6.90

$13.57 A$20.35

-49.15%

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

$442 PAB 442

$1,588 A$2,382

-72.14%

International Primary School, 1 Child (Yearly)

$11.3K PAB 11.3K

$12.5K A$18.8K

-9.49%

Jeans (Levis 501 Or Similar)

$46.73 PAB 46.73

$69.7 A$105

-32.98%

Summer Dress (H&M, Zara, etc)

$41.09 PAB 41.09

$50.7 A$76.0

-18.89%

Sport Shoes (Adidas, Nike)

$83.8 PAB 83.8

$102 A$153

-17.94%

Men's Leather Business Shoes

$117 PAB 117

$109 A$163

7.21%

1-bedroom Apartment, City Center (Monthly)

$948 PAB 948

$1,370 A$2,055

-30.82%

1-bedroom Apartment, Outside City Center (Monthly)

$705 PAB 705

$1,076 A$1,613

-34.45%

3-bedroom Apartment, City Center (Monthly)

$1,721 PAB 1,721

$2,270 A$3,404

-24.15%

3-bedroom Apartment, Outside City Center (Monthly)

$1,363 PAB 1,363

$1,772 A$2,658

-23.06%

Buy Apartment in City Center (m2)

$2,980 PAB 2,980

$7,081 A$10.6K

-57.91%

Buy Apartment Outside City Center (m2)

$1,704 PAB 1,704

$5,392 A$8,088

-68.39%

Average Monthly Net Salary (After Tax)

$799 PAB 799

$3,742 A$5,614

-78.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.3

6.35

-0.79%

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

Last update for Panama: January 13, 2026

Last update for Australia: January 10, 2026

Digital Nomad Cost of Living Index

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

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