Cost of living comparison
Panama City is 25.6% cheaper than Australia.
If you lived in Panama City instead of Australia, you would:
pay 30.3% less for restaurants
Australia
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$15.31
A$23.60
|
$10.00
PAB10.00
|
|
Fast food combo meal
McDonalds, or similar
|
$8.98
A$13.84
|
$7.00
PAB7.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.45
A$3.78
|
$1.73
PAB1.73
|
|
Bottle of water (11 fl. oz) |
$2.05
A$3.17
|
$1.34
PAB1.34
|
|
pay 6.3% less for groceries
Australia
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.00
A$3.09
|
$2.36
PAB2.36
|
|
Local cheese (8 oz) |
$4.24
A$6.53
|
$4.56
PAB4.56
|
|
Milk (1 gallon) |
$5.00
A$7.70
|
$6.17
PAB6.17
|
|
Eggs
1 dozen
|
$3.52
A$5.42
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$3.56
A$5.48
|
$3.23
PAB3.23
|
|
Apples (1 lb) |
$1.44
A$2.21
|
$1.43
PAB1.43
|
|
Bananas (1 lb) |
$1.13
A$1.73
|
$0.60
PAB0.60
|
|
Oranges (1 lb) |
$1.31
A$2.02
|
$1.36
PAB1.36
|
|
Tomatoes (1 lb) |
$2.10
A$3.24
|
$1.53
PAB1.53
|
|
Potatoes (1 lb) |
$1.03
A$1.59
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$0.83
A$1.28
|
$0.94
PAB0.94
|
|
pay 18.6% less for transportation
Australia
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.95
A$7.62
|
$4.18
PAB4.18
|
|
Monthly public transit pass |
$81.92
A$126.26
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$22,079.60
A$34,031.44
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$15.28
A$23.54
|
$16.80
PAB16.80
|
|
pay 25.8% less for housing
Australia
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$55.83
A$86.05
|
$50.20
PAB50.20
|
|
1-Bedroom apartment in downtown area |
$1,119.19
A$1,725.02
|
$900.91
PAB900.91
|
|
1-Bedroom apartment outside city center |
$889.00
A$1,370.22
|
$515.48
PAB515.48
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$120.53
A$185.78
|
$82.33
PAB82.33
|
|
pay 44.0% less for childcare
Australia
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,373.48
A$2,116.96
|
$420.62
PAB420.62
|
|
Middle school for 1 child, two semesters |
$11,458.00
A$17,660.30
|
$9,343.71
PAB9,343.71
|
|
pay 37.1% less for entertainment and sports
Australia
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.72
A$8.81
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$3.30
A$5.08
|
$3.51
PAB3.51
|
|
Pack of cigarettes
Marlboro or similar
|
$24.53
A$37.81
|
$5.78
PAB5.78
|
|
Monthly membership at local gym |
$46.71
A$72.00
|
$42.79
PAB42.79
|
|
Movie ticket to theater/cinema |
$12.25
A$18.88
|
$6.00
PAB6.00
|
|
pay 16.9% less for clothing
Australia
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$71.47
A$110.16
|
$53.50
PAB53.50
|
|
Regular dress
from H&M or similar store
|
$41.82
A$64.45
|
$41.33
PAB41.33
|
|
Running shoes
Nike or Adidas
|
$101.71
A$156.76
|
$74.88
PAB74.88
|
|
Men's business shoes (leather) |
$106.56
A$164.24
|
$90.67
PAB90.67
|
|
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