Cost of living comparison
Panama is 37.9% cheaper than Australia.
If you lived in Panama instead of Australia, you would:
pay 39.7% less for restaurants
Australia
|
Panama
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$16.79
A$25.39
|
$8.30
PAB8.30
|
|
Fast food combo meal
McDonalds, or similar
|
$9.81
A$14.84
|
$7.60
PAB7.60
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.56
A$3.87
|
$1.55
PAB1.55
|
|
Bottle of water (11 fl. oz) |
$2.14
A$3.23
|
$1.16
PAB1.16
|
|
pay 11.0% less for groceries
Australia
|
Panama
|
||
---|---|---|---|
Bread
1 loaf
|
$2.33
A$3.52
|
$2.19
PAB2.19
|
|
Local cheese (8 oz) |
$4.71
A$7.13
|
$5.28
PAB5.28
|
|
Milk (1 gallon) |
$5.75
A$8.70
|
$6.34
PAB6.34
|
|
Eggs
1 dozen
|
$3.86
A$5.84
|
$2.42
PAB2.42
|
|
Boneless chicken breast (1 lb) |
$3.99
A$6.03
|
$3.15
PAB3.15
|
|
Apples (1 lb) |
$1.43
A$2.16
|
$1.87
PAB1.87
|
|
Bananas (1 lb) |
$1.25
A$1.89
|
$0.56
PAB0.56
|
|
Oranges (1 lb) |
$1.39
A$2.09
|
$1.31
PAB1.31
|
|
Tomatoes (1 lb) |
$2.00
A$3.03
|
$1.32
PAB1.32
|
|
Potatoes (1 lb) |
$1.13
A$1.71
|
$0.96
PAB0.96
|
|
Onions (1 lb) |
$0.95
A$1.43
|
$0.95
PAB0.95
|
|
pay 33.2% less for transportation
Australia
|
Panama
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.73
A$7.15
|
$3.90
PAB3.90
|
|
Monthly public transit pass |
$84.46
A$127.70
|
$23.33
PAB23.33
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,859.34
A$42,121.93
|
$21,000.00
PAB21,000.00
|
|
Taxi trip in downtown area (5 miles) |
$18.12
A$27.40
|
$14.78
PAB14.78
|
|
pay 40.7% less for housing
Australia
|
Panama
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$55.36
A$83.70
|
$46.90
PAB46.90
|
|
1-Bedroom apartment in downtown area |
$1,258.08
A$1,902.15
|
$697.93
PAB697.93
|
|
1-Bedroom apartment outside city center |
$971.44
A$1,468.77
|
$496.06
PAB496.06
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$141.88
A$214.52
|
$65.23
PAB65.23
|
|
pay 66.2% less for childcare
Australia
|
Panama
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,377.23
A$2,082.30
|
$327.08
PAB327.08
|
|
Middle school for 1 child, two semesters |
$14,720.56
A$22,256.75
|
$6,443.94
PAB6,443.94
|
|
pay 40.9% less for entertainment and sports
Australia
|
Panama
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.69
A$10.12
|
$1.85
PAB1.85
|
|
Cappuccino in mid-range area |
$3.60
A$5.45
|
$3.35
PAB3.35
|
|
Pack of cigarettes
Marlboro or similar
|
$28.13
A$42.54
|
$6.70
PAB6.70
|
|
Monthly membership at local gym |
$53.84
A$81.40
|
$58.09
PAB58.09
|
|
Movie ticket to theater/cinema |
$13.24
A$20.02
|
$5.75
PAB5.75
|
|
pay 33.9% less for clothing
Australia
|
Panama
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$75.27
A$113.81
|
$43.92
PAB43.92
|
|
Regular dress
from H&M or similar store
|
$54.30
A$82.10
|
$40.61
PAB40.61
|
|
Running shoes
Nike or Adidas
|
$102.43
A$154.87
|
$66.54
PAB66.54
|
|
Men's business shoes (leather) |
$118.12
A$178.59
|
$78.30
PAB78.30
|
|
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