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

Name: Australia
Address: AU

🙂 Solo nomad: Panama is 23.7% cheaper than Australia without rent, and 32.1% cheaper with rent.

🙂 Family of 3: Panama is 26.4% cheaper than Australia without rent, and 25% cheaper with rent.

Meal at Budget Restaurant

$10.18 PAB 10.18

$15.97 A$24.47

-36.26%

Three-Course Dinner for Two, Mid-Range

$50.5 PAB 50.5

$77.2 A$118

-34.61%

Fast Food Meal (McDonalds, etc)

$7.58 PAB 7.58

$9.66 A$14.8

-21.53%

Cappuccino

$3.55 PAB 3.55

$3.57 A$5.48

-0.56%

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

$1.51 PAB 1.51

$2.64 A$4.04

-42.80%

Water (0.33 liter bottle)

$1.23 PAB 1.23

$2.22 A$3.41

-44.59%

Local Beer (0.5 liter draught)

$2.23 PAB 2.23

$6.57 A$10.06

-66.06%

Imported Beer (0.33 liter bottle)

$3.73 PAB 3.73

$6.98 A$10.7

-46.56%

Milk (1 liter)

$1.83 PAB 1.83

$1.5 A$2.3

22.00%

White Bread (500g)

$2.41 PAB 2.41

$2.42 A$3.7

-0.41%

Rice (white) (1kg)

$2.27 PAB 2.27

$2.02 A$3.1

12.38%

Eggs

$2.7 PAB 2.7

$4.38 A$6.71

-38.36%

Local Cheese (1kg)

$11.54 PAB 11.54

$8.86 A$13.58

30.25%

Chicken Fillets (1kg)

$7.39 PAB 7.39

$8.26 A$12.66

-10.53%

Beef Round Steak (1kg)

$9.36 PAB 9.36

$14.14 A$21.66

-33.80%

Apples (1kg)

$3.89 PAB 3.89

$3.24 A$4.96

20.06%

Banana (1kg)

$1.37 PAB 1.37

$2.68 A$4.11

-48.88%

Oranges (1kg)

$2.89 PAB 2.89

$2.86 A$4.39

1.05%

Tomato (1kg)

$3.05 PAB 3.05

$4.25 A$6.5

-28.24%

Potato (1kg)

$2.1 PAB 2.1

$2.55 A$3.91

-17.65%

Onion (1kg)

$2.46 PAB 2.46

$2.19 A$3.35

12.33%

Lettuce (1 head)

$2.14 PAB 2.14

$2.24 A$3.43

-4.46%

Water (1.5 liter bottle)

$1.6 PAB 1.6

$1.57 A$2.41

1.91%

Cigarettes 20 Pack (Marlboro, Camel)

$5.88 PAB 5.88

$31.36 A$48.04

-81.25%

Wine (Bottle)

$10.17 PAB 10.17

$13.32 A$20.41

-23.65%

Local Beer (0.5 liter bottle)

$1.24 PAB 1.24

$4.61 A$7.06

-73.10%

Imported Beer (0.33 liter bottle)

$2.22 PAB 2.22

$4.97 A$7.61

-55.33%

One-way Ticket (Public Transport)

$0.52 PAB 0.52

$2.97 A$4.54

-82.49%

Public Transport Monthly Pass (Regular Price)

$25.45 PAB 25.45

$98 A$150

-74.04%

Taxi Start (Normal Tariff)

$2.05 PAB 2.05

$3.62 A$5.55

-43.37%

Taxi (Normal Tariff) (1km)

$1.99 PAB 1.99

$1.82 A$2.79

9.34%

Taxi 1hour Waiting (Normal Tariff)

$20.72 PAB 20.72

$37.78 A$57.9

-45.16%

Gasoline (1 liter)

$0.96 PAB 0.96

$1.2 A$1.84

-20.00%

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

$21.3K PAB 21.3K

$29.1K A$44.6K

-26.67%

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

$20.9K PAB 20.9K

$22.5K A$34.5K

-7.25%

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

$108 PAB 108

$180 A$276

-39.99%

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

$29.43 PAB 29.43

$26.23 A$40.19

12.20%

Internet (50+ Mbps, Unlimited Data)

$47.41 PAB 47.41

$52.8 A$80.9

-10.26%

Gym Membership (Monthly)

$49.24 PAB 49.24

$46.77 A$71.7

5.28%

Tennis Court (1 Hour on Weekend)

$33.72 PAB 33.72

$16.37 A$25.08

105.99%

Cinema Ticket

$7.11 PAB 7.11

$13.82 A$21.18

-48.55%

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

$439 PAB 439

$1,599 A$2,450

-72.53%

International Primary School, 1 Child (Yearly)

$11.6K PAB 11.6K

$12.3K A$18.8K

-5.83%

Jeans (Levis 501 Or Similar)

$47.07 PAB 47.07

$71.7 A$110

-34.31%

Summer Dress (H&M, Zara, etc)

$40.77 PAB 40.77

$51.5 A$78.8

-20.76%

Sport Shoes (Adidas, Nike)

$85 PAB 85

$101 A$155

-15.93%

Men's Leather Business Shoes

$116 PAB 116

$110 A$168

5.67%

1-bedroom Apartment, City Center (Monthly)

$923 PAB 923

$1,395 A$2,137

-33.79%

1-bedroom Apartment, Outside City Center (Monthly)

$711 PAB 711

$1,106 A$1,694

-35.69%

3-bedroom Apartment, City Center (Monthly)

$1,745 PAB 1,745

$2,271 A$3,480

-23.17%

3-bedroom Apartment, Outside City Center (Monthly)

$1,378 PAB 1,378

$1,775 A$2,719

-22.34%

Buy Apartment in City Center (m2)

$1,884 PAB 1,884

$6,985 A$10.7K

-73.03%

Buy Apartment Outside City Center (m2)

$1,502 PAB 1,502

$5,106 A$7,823

-70.58%

Average Monthly Net Salary (After Tax)

$807 PAB 807

$3,626 A$5,555

-77.74%

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: October 28, 2025

Last update for Australia: October 29, 2025

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