Cost of Living in Panama vs Australia comparison
Panama
Explore Panama, a captivating country with a population of 4,098,587. Embrace a comfortable lifestyle with an average cost of living at $1897 and a median after-tax salary of $713.04. Enjoy dining at diverse restaurants for $72, shop for essentials at bustling markets with an average of $64, and entrust your childcare needs to facilities costing approximately $9887annually. Keep your wardrobe fresh with a clothing budget of $237and secure a lovely home for $3284per month. Panama also offers an attractive average salary of $713.04. Immerse yourself in the beauty of Panama, where rich culture meets affordability.
Australia
Discover Australia, a captivating country with a population of 24,511,800. Experience a comfortable way of life, where the average cost of living stands at $2961, and the median after-tax salary amounts to $3775.82. Savor the culinary delights of Australia at various restaurants for an average of $102, explore bustling markets with essentials priced at around $98, and entrust your childcare needs to facilities costing approximately $12432annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $5695per month. Australia also boasts an appealing average salary of $3775.82. Immerse yourself in the beauty of Australia, where affordability and cultural richness converge.
|
Restaurants |
Panama |
Australia |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
7.0 $ | 12.77 $ | -45 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
47.5 $ | 63.86 $ | -25 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
7.0 $ | 8.3 $ | -15 % |
|
Domestic Beer (1 pint draught) |
2.0 $ | 5.11 $ | -60 % |
|
Imported Beer (12 oz small bottle) |
3.5 $ | 5.75 $ | -39 % |
|
Cappuccino (regular) |
3.05 $ | 3.03 $ | -- |
|
Coke/Pepsi (12 oz small bottle) |
1.5 $ | 2.26 $ | -33 % |
|
Water (12 oz small bottle) |
1.17 $ | 1.89 $ | -38 % |
|
Markets |
Panama |
Australia |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
1.57 $ | 1.18 $ | 33 % |
|
Loaf of Fresh White Bread (1 lb) |
2.05 $ | 1.93 $ | 6 % |
|
Rice (white), (1 lb) |
1.9 $ | 1.78 $ | 6 % |
|
Eggs (regular) (12) |
2.08 $ | 3.26 $ | -36 % |
|
Local Cheese (1 lb) |
8.81 $ | 7.13 $ | 23 % |
|
Chicken Fillets (1 lb) |
6.48 $ | 7.27 $ | -10 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.66 $ | 12.61 $ | -39 % |
|
Apples (1 lb) |
2.79 $ | 2.83 $ | -1 % |
|
Banana (1 lb) |
1.26 $ | 2.32 $ | -45 % |
|
Oranges (1 lb) |
2.41 $ | 2.5 $ | -3 % |
|
Tomato (1 lb) |
2.76 $ | 4.38 $ | -36 % |
|
Potato (1 lb) |
1.89 $ | 2.1 $ | -10 % |
|
Onion (1 lb) |
1.92 $ | 1.75 $ | 9 % |
|
Lettuce (1 head) |
1.62 $ | 2.17 $ | -25 % |
|
Water (1.5 liter bottle) |
1.48 $ | 1.42 $ | 4 % |
|
Bottle of Wine (Mid-Range) |
9.0 $ | 10.86 $ | -17 % |
|
Domestic Beer (0.5 liter bottle) |
1.1 $ | 3.72 $ | -70 % |
|
Imported Beer (12 oz small bottle) |
1.79 $ | 3.99 $ | -55 % |
|
Cigarettes 20 Pack (Marlboro) |
5.75 $ | 25.54 $ | -77 % |
|
Transportation |
Panama |
Australia |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
0.35 $ | 2.87 $ | -87 % |
|
Monthly Pass (Regular Price) |
30.0 $ | 97.12 $ | -69 % |
|
Taxi Start (Normal Tariff) |
2.0 $ | 2.68 $ | -25 % |
|
Taxi 1 mile (Normal Tariff) |
2.0 $ | 1.39 $ | 43 % |
|
Taxi 1hour Waiting (Normal Tariff) |
15.0 $ | 31.93 $ | -53 % |
|
Gasoline (1 gallon) |
1.03 $ | 1.28 $ | -19 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
24000.0 $ | 19156.7 $ | 25 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
19163.33 $ | 17672.84 $ | 8 % |
|
Utilities (Monthly) |
Panama |
Australia |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
84.12 $ | 132.47 $ | -36 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.17 $ | 0.25 $ | -31 % |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
43.73 $ | 48.86 $ | -10 % |
|
Sports And Leisure |
Panama |
Australia |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
36.03 $ | 43.05 $ | -16 % |
|
Tennis Court Rent (1 Hour on Weekend) |
29.55 $ | 12.53 $ | 135 % |
|
Cinema, International Release, 1 Seat |
5.5 $ | 12.77 $ | -56 % |
|
Childcare |
Panama |
Australia |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
332.27 $ | 1281.83 $ | -74 % |
|
International Primary School, Yearly for 1 Child |
9555.56 $ | 11150.74 $ | -14 % |
|
Clothing And Shoes |
Panama |
Australia |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
45.72 $ | 63.92 $ | -28 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
40.0 $ | 37.39 $ | 6 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
69.65 $ | 90.27 $ | -22 % |
|
1 Pair of Men Leather Business Shoes |
82.5 $ | 96.54 $ | -14 % |
|
Rent Per Month |
Panama |
Australia |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
738.09 $ | 1199.65 $ | -38 % |
|
Apartment (1 bedroom) Outside of Centre |
428.33 $ | 945.93 $ | -54 % |
|
Apartment (3 bedrooms) in City Centre |
1291.94 $ | 2071.92 $ | -37 % |
|
Apartment (3 bedrooms) Outside of Centre |
825.79 $ | 1478.39 $ | -44 % |
|
Buy Apartment Price |
Panama |
Australia |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
1865.81 $ | 5217.36 $ | -64 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
1212.81 $ | 3593.23 $ | -66 % |
|
Salaries And Financing |
Panama |
Australia |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
713.04 $ | 3775.82 $ | -81 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
5.81 % | 3.23 % | 79 % |