Cost of living comparison
Austria is 57.7% more expensive than Panama overall.
- Restaurants
-
pay 81.0% more in Austria
- Groceries
-
pay 20.5% more in Austria
- Transportation
-
pay 54.8% more in Austria
- Housing
-
pay 77.5% more in Austria
- Childcare
-
pay 80.5% more in Austria
- Entertainment and Sports
-
pay 56.7% more in Austria
- Clothing
-
pay 33.1% more in Austria
The cost of restaurants, childcare, housing, entertainment and sports, transportation, and clothing in Austria are more expensive than in Panama. Notably, restaurants, childcare, and housing are significantly more expensive in Austria.
If you lived in Austria instead of Panama, you would:
pay 81.0% more for restaurants
|
Panama
|
Austria
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$15.38
€13.49
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$10.63
€9.32
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$3.11
€2.73
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$2.40
€2.10
|
|
pay 20.5% more for groceries
|
Panama
|
Austria
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.51
€2.20
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$8.15
€7.15
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$5.62
€4.93
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$4.05
€3.55
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$6.06
€5.32
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.15
€1.01
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.97
€0.85
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.36
€1.19
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.88
€1.65
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.87
€0.76
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.80
€0.70
|
|
pay 54.8% more for transportation
|
Panama
|
Austria
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$6.30
€5.53
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$48.89
€42.88
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$26,790.93
€23,499.79
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$20.20
€17.72
|
|
pay 77.5% more for housing
|
Panama
|
Austria
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$36.05
€31.62
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$834.31
€731.82
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$704.76
€618.19
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$275.88
€241.99
|
|
pay 80.5% more for childcare
|
Panama
|
Austria
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$436.40
€382.79
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$14,173.71
€12,432.54
|
|
pay 56.7% more for entertainment and sports
|
Panama
|
Austria
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$4.65
€4.08
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$3.63
€3.18
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$6.56
€5.75
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$45.89
€40.26
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$12.58
€11.03
|
|
pay 33.1% more for clothing
|
Panama
|
Austria
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$85.11
€74.66
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$43.90
€38.51
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$88.16
€77.33
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$118.74
€104.15
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Austria or Panama. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.