Cost of living comparison
Australia is 75.5% more expensive than Panama.
If you lived in Australia instead of Panama, you would:
pay 51.4% more for restaurants
|
Panama
|
Australia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.60
PAB7.60
|
$14.29
A$20.82
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.15
PAB7.15
|
$8.94
A$13.03
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.68
PAB1.68
|
$2.43
A$3.54
|
|
| Bottle of water (11 fl. oz) |
$1.40
PAB1.40
|
$2.08
A$3.03
|
|
pay 20.0% more for groceries
|
Panama
|
Australia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.03
PAB2.03
|
$1.96
A$2.86
|
|
| Local cheese (8 oz) |
$5.67
PAB5.67
|
$3.78
A$5.51
|
|
| Milk (1 gallon) |
$6.13
PAB6.13
|
$4.63
A$6.75
|
|
|
Eggs
1 dozen
|
$2.09
PAB2.09
|
$3.54
A$5.16
|
|
| Boneless chicken breast (1 lb) |
$3.01
PAB3.01
|
$3.46
A$5.05
|
|
| Apples (1 lb) |
$1.72
PAB1.72
|
$1.41
A$2.05
|
|
| Bananas (1 lb) |
$0.56
PAB0.56
|
$1.11
A$1.62
|
|
| Oranges (1 lb) |
$0.98
PAB0.98
|
$1.24
A$1.81
|
|
| Tomatoes (1 lb) |
$1.21
PAB1.21
|
$2.11
A$3.07
|
|
| Potatoes (1 lb) |
$0.87
PAB0.87
|
$1.01
A$1.48
|
|
| Onions (1 lb) |
$0.88
PAB0.88
|
$0.87
A$1.26
|
|
pay 56.2% more for transportation
|
Panama
|
Australia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.77
PAB3.77
|
$5.19
A$7.57
|
|
| Monthly public transit pass |
$30.14
PAB30.14
|
$94.36
A$137.55
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,416.67
PAB20,416.67
|
$20,007.07
A$29,163.52
|
|
| Taxi trip in downtown area (5 miles) |
$18.20
PAB18.20
|
$13.84
A$20.17
|
|
pay 53.9% more for housing
|
Panama
|
Australia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.06
PAB51.06
|
$53.73
A$78.33
|
|
| 1-Bedroom apartment in downtown area |
$744.83
PAB744.83
|
$1,178.33
A$1,717.61
|
|
| 1-Bedroom apartment outside city center |
$422.47
PAB422.47
|
$887.86
A$1,294.19
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$83.26
PAB83.26
|
$118.12
A$172.17
|
|
pay 2.5 times more for childcare
|
Panama
|
Australia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$408.75
PAB408.75
|
$1,443.46
A$2,104.08
|
|
| Middle school for 1 child, two semesters |
$8,339.33
PAB8,339.33
|
$12,985.05
A$18,927.80
|
|
pay 2.7 times more for entertainment and sports
|
Panama
|
Australia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$5.66
A$8.24
|
|
| Cappuccino in mid-range area |
$2.94
PAB2.94
|
$3.21
A$4.67
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.33
PAB5.33
|
$24.97
A$36.40
|
|
| Monthly membership at local gym |
$31.46
PAB31.46
|
$49.85
A$72.67
|
|
| Movie ticket to theater/cinema |
$4.27
PAB4.27
|
$12.34
A$17.99
|
|
pay 26.6% more for clothing
|
Panama
|
Australia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.14
PAB45.14
|
$68.91
A$100.44
|
|
|
Regular dress
from H&M or similar store
|
$41.78
PAB41.78
|
$40.95
A$59.69
|
|
|
Running shoes
Nike or Adidas
|
$68.21
PAB68.21
|
$94.94
A$138.39
|
|
| Men's business shoes (leather) |
$78.97
PAB78.97
|
$92.16
A$134.34
|
|
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