Cost of living comparison
compared to
Austria vs. Panama Cost of Living Summary
Austria is 70.2% more expensive than Panama overall.
- Restaurants
-
pay 2.2 times more in Austria
- Groceries
-
pay 34.3% more in Austria
- Transportation
-
pay 67.3% more in Austria
- Housing
-
pay 70.7% more in Austria
- Childcare
-
pay 62.0% more in Austria
- Entertainment and Sports
-
pay 75.4% more in Austria
- Clothing
-
pay 59.8% more in Austria
The cost of restaurants, entertainment and sports, housing, transportation, childcare, and clothing in Austria are more expensive than in Panama. Notably, restaurants and entertainment and sports are significantly more expensive in Austria.
Austria vs. Panama Cost Breakdown
If you lived in Austria instead of Panama, you would:
pay 2.2 times more for restaurants
|
Panama
|
Austria
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.35
PAB8.35
|
$18.52
€15.97
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.75
PAB7.75
|
$11.86
€10.23
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.37
PAB1.37
|
$3.81
€3.29
|
|
| Bottle of water (11 fl. oz) |
$1.21
PAB1.21
|
$2.84
€2.45
|
|
Panama vs. Austria - Cost of restaurants
pay 34.3% more for groceries
|
Panama
|
Austria
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.21
PAB2.21
|
$2.85
€2.46
|
|
| Local cheese (8 oz) |
$6.02
PAB6.02
|
$10.46
€9.02
|
|
| Milk (1 gallon) |
$6.86
PAB6.86
|
$6.32
€5.45
|
|
|
Eggs
1 dozen
|
$2.47
PAB2.47
|
$4.66
€4.02
|
|
| Boneless chicken breast (1 lb) |
$3.58
PAB3.58
|
$6.81
€5.88
|
|
| Apples (1 lb) |
$2.13
PAB2.13
|
$1.34
€1.16
|
|
| Bananas (1 lb) |
$0.60
PAB0.60
|
$1.12
€0.97
|
|
| Oranges (1 lb) |
$1.40
PAB1.40
|
$1.51
€1.30
|
|
| Tomatoes (1 lb) |
$1.51
PAB1.51
|
$2.16
€1.86
|
|
| Potatoes (1 lb) |
$0.96
PAB0.96
|
$1.04
€0.89
|
|
| Onions (1 lb) |
$0.99
PAB0.99
|
$0.93
€0.80
|
|
Panama vs. Austria - Cost of groceries
pay 67.3% more for transportation
|
Panama
|
Austria
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.87
PAB3.87
|
$6.68
€5.76
|
|
| Monthly public transit pass |
$23.75
PAB23.75
|
$57.69
€49.74
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$23,416.67
PAB23,416.67
|
$30,303.85
€26,131.83
|
|
| Taxi trip in downtown area (5 miles) |
$20.20
PAB20.20
|
$25.13
€21.67
|
|
Panama vs. Austria - Cost of transportation
pay 70.7% more for housing
|
Panama
|
Austria
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$48.39
PAB48.39
|
$39.06
€33.68
|
|
| 1-Bedroom apartment in downtown area |
$765.94
PAB765.94
|
$969.93
€836.40
|
|
| 1-Bedroom apartment outside city center |
$630.77
PAB630.77
|
$823.47
€710.10
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$89.09
PAB89.09
|
$307.44
€265.12
|
|
Panama vs. Austria - Cost of housing
pay 62.0% more for childcare
|
Panama
|
Austria
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$363.00
PAB363.00
|
$585.93
€505.26
|
|
| Middle school for 1 child, two semesters |
$9,411.11
PAB9,411.11
|
$15,311.22
€13,203.28
|
|
Panama vs. Austria - Cost of childcare
pay 75.4% more for entertainment and sports
|
Panama
|
Austria
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$5.41
€4.66
|
|
| Cappuccino in mid-range area |
$3.54
PAB3.54
|
$4.37
€3.77
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.48
PAB5.48
|
$7.50
€6.47
|
|
| Monthly membership at local gym |
$51.47
PAB51.47
|
$51.14
€44.10
|
|
| Movie ticket to theater/cinema |
$5.97
PAB5.97
|
$14.33
€12.35
|
|
Panama vs. Austria - Cost of entertainment and sports
pay 59.8% more for clothing
|
Panama
|
Austria
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$43.33
PAB43.33
|
$99.44
€85.75
|
|
|
Regular dress
from H&M or similar store
|
$34.17
PAB34.17
|
$47.64
€41.08
|
|
|
Running shoes
Nike or Adidas
|
$80.40
PAB80.40
|
$103.83
€89.53
|
|
| Men's business shoes (leather) |
$106.46
PAB106.46
|
$150.37
€129.67
|
|
Panama vs. Austria - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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