Cost of Living Comparison Between Panama and Australia 
| Indices Difference |  |
|---|---|
| Cost of Living in Australia is 43.2% higher than in Panama (excluding rent) | |
| Cost of Living Including Rent in Australia is 40.7% higher than in Panama | |
| Rent Prices in Australia are 35.0% higher than in Panama | |
| Restaurant Prices in Australia are 47.8% higher than in Panama | |
| Groceries Prices in Australia are 43.9% higher than in Panama | |
| Local Purchasing Power in Australia is 204.9% higher than in Panama | |
Restaurants | Panama Edit |
Australia Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10.00 $ (15.65 A$) |
15.97 $ (25.00 A$) |
+59.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
50.00 $ (78.26 A$) |
76.66 $ (120.00 A$) |
+53.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
7.49 $ (11.72 A$) |
9.58 $ (15.00 A$) |
+27.9 % |
| Domestic Beer (1 pint draught) |
2.00 $ (3.13 A$) |
6.39 $ (10.00 A$) |
+219.4 % |
| Imported Beer (12 oz small bottle) |
3.50 $ (5.48 A$) |
7.03 $ (11.00 A$) |
+100.8 % |
| Cappuccino (regular) |
3.47 $ (5.44 A$) |
3.42 $ (5.36 A$) |
-1.4 % |
| Coke/Pepsi (12 oz small bottle) |
1.48 $ (2.31 A$) |
2.59 $ (4.06 A$) |
+75.3 % |
| Water (12 oz small bottle) |
1.22 $ (1.91 A$) |
2.13 $ (3.33 A$) |
+73.9 % |
Markets | Panama Edit |
Australia Edit | |
| Milk (regular), (1 gallon) |
6.85 $ (10.73 A$) |
5.71 $ (8.93 A$) |
-16.7 % |
| Loaf of Fresh White Bread (1 lb) |
2.21 $ (3.46 A$) |
2.18 $ (3.42 A$) |
-1.3 % |
| Rice (white), (1 lb) |
1.04 $ (1.63 A$) |
0.92 $ (1.45 A$) |
-11.4 % |
| Eggs (regular) (12) |
2.67 $ (4.18 A$) |
4.21 $ (6.59 A$) |
+57.9 % |
| Local Cheese (1 lb) |
5.31 $ (8.31 A$) |
4.01 $ (6.28 A$) |
-24.5 % |
| Chicken Fillets (1 lb) |
3.29 $ (5.15 A$) |
3.78 $ (5.91 A$) |
+14.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.08 $ (6.38 A$) |
6.22 $ (9.73 A$) |
+52.5 % |
| Apples (1 lb) |
1.83 $ (2.87 A$) |
1.42 $ (2.22 A$) |
-22.5 % |
| Banana (1 lb) |
0.60 $ (0.94 A$) |
1.22 $ (1.92 A$) |
+104.0 % |
| Oranges (1 lb) |
1.27 $ (2.00 A$) |
1.30 $ (2.03 A$) |
+1.8 % |
| Tomato (1 lb) |
1.33 $ (2.08 A$) |
1.90 $ (2.98 A$) |
+43.2 % |
| Potato (1 lb) |
0.95 $ (1.49 A$) |
1.09 $ (1.71 A$) |
+14.8 % |
| Onion (1 lb) |
1.05 $ (1.64 A$) |
0.96 $ (1.50 A$) |
-8.6 % |
| Lettuce (1 head) |
2.08 $ (3.25 A$) |
2.16 $ (3.39 A$) |
+4.3 % |
| Water (1.5 liter bottle) |
1.56 $ (2.44 A$) |
1.48 $ (2.32 A$) |
-5.0 % |
| Bottle of Wine (Mid-Range) |
10.00 $ (15.65 A$) |
12.78 $ (20.00 A$) |
+27.8 % |
| Domestic Beer (0.5 liter bottle) |
1.20 $ (1.88 A$) |
4.39 $ (6.88 A$) |
+265.5 % |
| Imported Beer (12 oz small bottle) |
2.15 $ (3.36 A$) |
4.84 $ (7.57 A$) |
+125.3 % |
| Cigarettes 20 Pack (Marlboro) |
5.92 $ (9.27 A$) |
30.67 $ (48.00 A$) |
+417.6 % |
Transportation | Panama Edit |
Australia Edit | |
| One-way Ticket (Local Transport) |
0.55 $ (0.86 A$) |
2.94 $ (4.60 A$) |
+434.3 % |
| Monthly Pass (Regular Price) |
25.00 $ (39.13 A$) |
95.83 $ (150.00 A$) |
+283.3 % |
| Taxi Start (Normal Tariff) |
2.25 $ (3.52 A$) |
3.83 $ (6.00 A$) |
+70.4 % |
| Taxi 1 mile (Normal Tariff) |
3.22 $ (5.04 A$) |
2.78 $ (4.35 A$) |
-13.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
21.00 $ (32.87 A$) |
37.05 $ (58.00 A$) |
+76.4 % |
| Gasoline (1 gallon) |
3.51 $ (5.50 A$) |
4.43 $ (6.94 A$) |
+26.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
20,000.00 $ (31,305.56 A$) |
28,380.26 $ (44,423.00 A$) |
+41.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
21,464.58 $ (33,598.04 A$) |
22,318.24 $ (34,934.26 A$) |
+4.0 % |
Utilities (Monthly) | Panama Edit |
Australia Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
109.00 $ (170.62 A$) |
172.63 $ (270.21 A$) |
+58.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
29.47 $ (46.12 A$) |
26.39 $ (41.31 A$) |
-10.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
48.80 $ (76.38 A$) |
51.99 $ (81.37 A$) |
+6.5 % |
Sports And Leisure | Panama Edit |
Australia Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
52.40 $ (82.03 A$) |
46.79 $ (73.24 A$) |
-10.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
37.50 $ (58.70 A$) |
16.49 $ (25.81 A$) |
-56.0 % |
| Cinema, International Release, 1 Seat |
7.00 $ (10.96 A$) |
14.06 $ (22.00 A$) |
+100.8 % |
Childcare | Panama Edit |
Australia Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
446.67 $ (699.16 A$) |
1,553.47 $ (2,431.61 A$) |
+247.8 % |
| International Primary School, Yearly for 1 Child |
10,425.00 $ (16,318.02 A$) |
12,242.30 $ (19,162.60 A$) |
+17.4 % |
Clothing And Shoes | Panama Edit |
Australia Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
48.27 $ (75.55 A$) |
70.57 $ (110.45 A$) |
+46.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
41.15 $ (64.42 A$) |
50.21 $ (78.59 A$) |
+22.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
83.67 $ (130.96 A$) |
100.40 $ (157.16 A$) |
+20.0 % |
| 1 Pair of Men Leather Business Shoes |
110.45 $ (172.89 A$) |
108.73 $ (170.19 A$) |
-1.6 % |
Rent Per Month | Panama Edit |
Australia Edit | |
| Apartment (1 bedroom) in City Centre |
920.45 $ (1,440.77 A$) |
1,365.95 $ (2,138.10 A$) |
+48.4 % |
| Apartment (1 bedroom) Outside of Centre |
698.62 $ (1,093.54 A$) |
1,079.16 $ (1,689.18 A$) |
+54.5 % |
| Apartment (3 bedrooms) in City Centre |
1,805.53 $ (2,826.16 A$) |
2,300.81 $ (3,601.41 A$) |
+27.4 % |
| Apartment (3 bedrooms) Outside of Centre |
1,351.92 $ (2,116.14 A$) |
1,701.08 $ (2,662.67 A$) |
+25.8 % |
Buy Apartment Price | Panama Edit |
Australia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
200.90 $ (314.46 A$) |
619.55 $ (969.77 A$) |
+208.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
143.56 $ (224.72 A$) |
464.63 $ (727.28 A$) |
+223.6 % |
Salaries And Financing | Panama Edit |
Australia Edit | |
| Average Monthly Net Salary (After Tax) |
826.28 $ (1,293.36 A$) |
3,545.96 $ (5,550.41 A$) |
+329.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.30 | 6.36 | +1.0 % |
| Last update: | March 2025 | April 2025 | |
| Contributors in the past 12 months: | 90 | 1551 |
Moving to Panama? Explore:
Moving to Australia? Explore: