Cost of living comparison
Austria is 34.1% more expensive than Panama.
If you lived in Austria instead of Panama, you would:
pay 56.5% more for restaurants
|
Panama
|
Austria
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.60
PAB7.60
|
$13.96
€12.24
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.15
PAB7.15
|
$8.49
€7.44
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.68
PAB1.68
|
$2.73
€2.39
|
|
| Bottle of water (11 fl. oz) |
$1.40
PAB1.40
|
$2.27
€1.99
|
|
pay 9.4% more for groceries
|
Panama
|
Austria
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.03
PAB2.03
|
$2.17
€1.90
|
|
| Local cheese (8 oz) |
$5.67
PAB5.67
|
$7.10
€6.23
|
|
| Milk (1 gallon) |
$6.13
PAB6.13
|
$4.53
€3.97
|
|
|
Eggs
1 dozen
|
$2.09
PAB2.09
|
$3.19
€2.80
|
|
| Boneless chicken breast (1 lb) |
$3.01
PAB3.01
|
$5.13
€4.50
|
|
| Apples (1 lb) |
$1.72
PAB1.72
|
$1.00
€0.88
|
|
| Bananas (1 lb) |
$0.56
PAB0.56
|
$0.78
€0.68
|
|
| Oranges (1 lb) |
$0.98
PAB0.98
|
$1.10
€0.96
|
|
| Tomatoes (1 lb) |
$1.21
PAB1.21
|
$1.32
€1.15
|
|
| Potatoes (1 lb) |
$0.87
PAB0.87
|
$0.73
€0.64
|
|
| Onions (1 lb) |
$0.88
PAB0.88
|
$0.64
€0.56
|
|
pay 42.3% more for transportation
|
Panama
|
Austria
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.77
PAB3.77
|
$6.89
€6.04
|
|
| Monthly public transit pass |
$30.14
PAB30.14
|
$48.91
€42.89
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,416.67
PAB20,416.67
|
$24,457.96
€21,447.21
|
|
| Taxi trip in downtown area (5 miles) |
$18.20
PAB18.20
|
$18.99
€16.65
|
|
pay 32.4% more for housing
|
Panama
|
Austria
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.06
PAB51.06
|
$36.27
€31.80
|
|
| 1-Bedroom apartment in downtown area |
$744.83
PAB744.83
|
$766.13
€671.82
|
|
| 1-Bedroom apartment outside city center |
$422.47
PAB422.47
|
$596.46
€523.04
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$83.26
PAB83.26
|
$178.40
€156.44
|
|
pay 2.3% less for childcare
|
Panama
|
Austria
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$408.75
PAB408.75
|
$368.77
€323.38
|
|
| Middle school for 1 child, two semesters |
$8,339.33
PAB8,339.33
|
$8,777.60
€7,697.08
|
|
pay 67.0% more for entertainment and sports
|
Panama
|
Austria
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$3.93
€3.45
|
|
| Cappuccino in mid-range area |
$2.94
PAB2.94
|
$3.09
€2.71
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.33
PAB5.33
|
$5.84
€5.12
|
|
| Monthly membership at local gym |
$31.46
PAB31.46
|
$39.56
€34.69
|
|
| Movie ticket to theater/cinema |
$4.27
PAB4.27
|
$12.05
€10.56
|
|
pay 33.7% more for clothing
|
Panama
|
Austria
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.14
PAB45.14
|
$84.61
€74.19
|
|
|
Regular dress
from H&M or similar store
|
$41.78
PAB41.78
|
$34.20
€29.99
|
|
|
Running shoes
Nike or Adidas
|
$68.21
PAB68.21
|
$83.23
€72.98
|
|
| Men's business shoes (leather) |
$78.97
PAB78.97
|
$113.40
€99.44
|
|
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