Cost of Living Comparison Between Australia and Panama 
| Indices Difference |  |
|---|---|
| Cost of Living in Panama is 30.1% lower than in Australia (excluding rent) | |
| Cost of Living Including Rent in Panama is 28.9% lower than in Australia | |
| Rent Prices in Panama are 25.9% lower than in Australia | |
| Restaurant Prices in Panama are 32.3% lower than in Australia | |
| Groceries Prices in Panama are 30.5% lower than in Australia | |
| Local Purchasing Power in Panama is 67.2% lower than in Australia | |
Restaurants | Australia Edit |
Panama Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 A$ (15.97 $) |
15.65 A$ (10.00 $) |
-37.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 A$ (76.66 $) |
78.26 A$ (50.00 $) |
-34.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 A$ (9.58 $) |
11.72 A$ (7.49 $) |
-21.8 % |
| Domestic Beer (1 pint draught) |
10.00 A$ (6.39 $) |
3.13 A$ (2.00 $) |
-68.7 % |
| Imported Beer (12 oz small bottle) |
11.00 A$ (7.03 $) |
5.48 A$ (3.50 $) |
-50.2 % |
| Cappuccino (regular) |
5.36 A$ (3.42 $) |
5.44 A$ (3.47 $) |
+1.4 % |
| Coke/Pepsi (12 oz small bottle) |
4.06 A$ (2.59 $) |
2.31 A$ (1.48 $) |
-43.0 % |
| Water (12 oz small bottle) |
3.33 A$ (2.13 $) |
1.91 A$ (1.22 $) |
-42.5 % |
Markets | Australia Edit |
Panama Edit | |
| Milk (regular), (1 gallon) |
8.93 A$ (5.71 $) |
10.73 A$ (6.85 $) |
+20.1 % |
| Loaf of Fresh White Bread (1 lb) |
3.42 A$ (2.18 $) |
3.46 A$ (2.21 $) |
+1.3 % |
| Rice (white), (1 lb) |
1.45 A$ (0.92 $) |
1.63 A$ (1.04 $) |
+12.9 % |
| Eggs (regular) (12) |
6.59 A$ (4.21 $) |
4.18 A$ (2.67 $) |
-36.7 % |
| Local Cheese (1 lb) |
6.28 A$ (4.01 $) |
8.31 A$ (5.31 $) |
+32.4 % |
| Chicken Fillets (1 lb) |
5.91 A$ (3.78 $) |
5.15 A$ (3.29 $) |
-12.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.73 A$ (6.22 $) |
6.38 A$ (4.08 $) |
-34.4 % |
| Apples (1 lb) |
2.22 A$ (1.42 $) |
2.87 A$ (1.83 $) |
+29.1 % |
| Banana (1 lb) |
1.92 A$ (1.22 $) |
0.94 A$ (0.60 $) |
-51.0 % |
| Oranges (1 lb) |
2.03 A$ (1.30 $) |
2.00 A$ (1.27 $) |
-1.7 % |
| Tomato (1 lb) |
2.98 A$ (1.90 $) |
2.08 A$ (1.33 $) |
-30.1 % |
| Potato (1 lb) |
1.71 A$ (1.09 $) |
1.49 A$ (0.95 $) |
-12.9 % |
| Onion (1 lb) |
1.50 A$ (0.96 $) |
1.64 A$ (1.05 $) |
+9.4 % |
| Lettuce (1 head) |
3.39 A$ (2.16 $) |
3.25 A$ (2.08 $) |
-4.1 % |
| Water (1.5 liter bottle) |
2.32 A$ (1.48 $) |
2.44 A$ (1.56 $) |
+5.3 % |
| Bottle of Wine (Mid-Range) |
20.00 A$ (12.78 $) |
15.65 A$ (10.00 $) |
-21.7 % |
| Domestic Beer (0.5 liter bottle) |
6.88 A$ (4.39 $) |
1.88 A$ (1.20 $) |
-72.6 % |
| Imported Beer (12 oz small bottle) |
7.57 A$ (4.84 $) |
3.36 A$ (2.15 $) |
-55.6 % |
| Cigarettes 20 Pack (Marlboro) |
48.00 A$ (30.67 $) |
9.27 A$ (5.92 $) |
-80.7 % |
Transportation | Australia Edit |
Panama Edit | |
| One-way Ticket (Local Transport) |
4.60 A$ (2.94 $) |
0.86 A$ (0.55 $) |
-81.3 % |
| Monthly Pass (Regular Price) |
150.00 A$ (95.83 $) |
39.13 A$ (25.00 $) |
-73.9 % |
| Taxi Start (Normal Tariff) |
6.00 A$ (3.83 $) |
3.52 A$ (2.25 $) |
-41.3 % |
| Taxi 1 mile (Normal Tariff) |
4.35 A$ (2.78 $) |
5.04 A$ (3.22 $) |
+15.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
58.00 A$ (37.05 $) |
32.87 A$ (21.00 $) |
-43.3 % |
| Gasoline (1 gallon) |
6.94 A$ (4.43 $) |
5.50 A$ (3.51 $) |
-20.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
44,423.00 A$ (28,380.26 $) |
31,305.56 A$ (20,000.00 $) |
-29.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
34,934.26 A$ (22,318.24 $) |
33,598.04 A$ (21,464.58 $) |
-3.8 % |
Utilities (Monthly) | Australia Edit |
Panama Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
270.21 A$ (172.63 $) |
170.62 A$ (109.00 $) |
-36.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
41.31 A$ (26.39 $) |
46.12 A$ (29.47 $) |
+11.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
81.37 A$ (51.99 $) |
76.38 A$ (48.80 $) |
-6.1 % |
Sports And Leisure | Australia Edit |
Panama Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
73.24 A$ (46.79 $) |
82.03 A$ (52.40 $) |
+12.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
25.81 A$ (16.49 $) |
58.70 A$ (37.50 $) |
+127.4 % |
| Cinema, International Release, 1 Seat |
22.00 A$ (14.06 $) |
10.96 A$ (7.00 $) |
-50.2 % |
Childcare | Australia Edit |
Panama Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
2,431.61 A$ (1,553.47 $) |
699.16 A$ (446.67 $) |
-71.2 % |
| International Primary School, Yearly for 1 Child |
19,162.60 A$ (12,242.30 $) |
16,318.02 A$ (10,425.00 $) |
-14.8 % |
Clothing And Shoes | Australia Edit |
Panama Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
110.45 A$ (70.57 $) |
75.55 A$ (48.27 $) |
-31.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
78.59 A$ (50.21 $) |
64.42 A$ (41.15 $) |
-18.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
157.16 A$ (100.40 $) |
130.96 A$ (83.67 $) |
-16.7 % |
| 1 Pair of Men Leather Business Shoes |
170.19 A$ (108.73 $) |
172.89 A$ (110.45 $) |
+1.6 % |
Rent Per Month | Australia Edit |
Panama Edit | |
| Apartment (1 bedroom) in City Centre |
2,138.10 A$ (1,365.95 $) |
1,440.77 A$ (920.45 $) |
-32.6 % |
| Apartment (1 bedroom) Outside of Centre |
1,689.18 A$ (1,079.16 $) |
1,093.54 A$ (698.62 $) |
-35.3 % |
| Apartment (3 bedrooms) in City Centre |
3,601.41 A$ (2,300.81 $) |
2,826.16 A$ (1,805.53 $) |
-21.5 % |
| Apartment (3 bedrooms) Outside of Centre |
2,662.67 A$ (1,701.08 $) |
2,116.14 A$ (1,351.92 $) |
-20.5 % |
Buy Apartment Price | Australia Edit |
Panama Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
969.77 A$ (619.55 $) |
314.46 A$ (200.90 $) |
-67.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
727.28 A$ (464.63 $) |
224.72 A$ (143.56 $) |
-69.1 % |
Salaries And Financing | Australia Edit |
Panama Edit | |
| Average Monthly Net Salary (After Tax) |
5,550.41 A$ (3,545.96 $) |
1,293.36 A$ (826.28 $) |
-76.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.36 | 6.30 | -1.0 % |
| Last update: | April 2025 | March 2025 | |
| Contributors in the past 12 months: | 1551 | 90 |
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