Cost of living comparison

Canberra, Australia

compared to

Panama City, Panama

Panama City vs. Canberra Cost of Living Summary

Panama City is 36.5% cheaper than Canberra.

Restaurants: pay 31.0% less in Panama City
Groceries: pay 16.2% less in Panama City
Transportation: pay 36.0% less in Panama City
Housing: pay 39.4% less in Panama City
Childcare: pay 53.3% less in Panama City
Entertainment and Sports: pay 43.9% less in Panama City
Clothing: pay 35.5% less in Panama City

Expenses including childcare, entertainment and sports, housing, transportation, clothing, and restaurants are lower in Panama City.

Panama City vs. Canberra Cost Breakdown

If you lived in Panama City instead of Canberra, you would:

Display currency: USD

pay 31.0% less for restaurants

	Canberra	Panama City
Basic meal with drink at inexpensive restaurant	$19.77 A$31.38	$13.25 PAB13.25	-33.0%
Fast food combo meal McDonalds, or similar	$9.89 A$15.69	$8.00 PAB8.00	-19.1%
Bottle of Coca-Cola (11 fl. oz)	$2.76 A$4.39	$1.86 PAB1.86	-32.8%
Bottle of water (11 fl. oz)	$2.32 A$3.68	$1.41 PAB1.41	-39.1%
Average			-31.0%

Canberra vs. Panama City - Cost of restaurants

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pay 16.2% less for groceries

	Canberra	Panama City
Bread 1 loaf	$2.59 A$4.10	$2.51 PAB2.51	-3.1%
Local cheese (8 oz)	$5.39 A$8.56	$6.39 PAB6.39	+18.5%
Milk (1 gallon)	$6.59 A$10.46	$6.80 PAB6.80	+3.2%
Eggs 1 dozen	$4.63 A$7.35	$2.68 PAB2.68	-42.2%
Boneless chicken breast (1 lb)	$4.12 A$6.54	$3.41 PAB3.41	-17.3%
Apples (1 lb)	$1.62 A$2.57	$1.48 PAB1.48	-8.4%
Bananas (1 lb)	$1.34 A$2.13	$0.72 PAB0.72	-46.1%
Oranges (1 lb)	$1.57 A$2.49	$1.24 PAB1.24	-20.9%
Tomatoes (1 lb)	$2.46 A$3.91	$1.40 PAB1.40	-43.3%
Potatoes (1 lb)	$1.25 A$1.98	$0.98 PAB0.98	-21.2%
Onions (1 lb)	$1.11 A$1.77	$1.15 PAB1.15	+3.0%
Average			-16.2%

Canberra vs. Panama City - Cost of groceries

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pay 36.0% less for transportation

	Canberra	Panama City
Gasoline (1 gallon)	$5.07 A$8.05	$3.69 PAB3.69	-27.3%
Monthly public transit pass	$118.63 A$188.28	$25.00 PAB25.00	-78.9%
New Volkswagen Golf 1.4 (standard edition)	$29,276.08 A$46,466.29	$19,750.00 PAB19,750.00	-32.5%
Taxi trip in downtown area (5 miles)	$17.66 A$28.03	$16.71 PAB16.71	-5.4%
Average			-36.0%

Canberra vs. Panama City - Cost of transportation

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pay 39.4% less for housing

	Canberra	Panama City
Internet connection 50 mbps or faster, cable/dsl	$65.39 A$103.78	$52.10 PAB52.10	-20.3%
1-Bedroom apartment in downtown area	$1,783.31 A$2,830.42	$1,023.81 PAB1,023.81	-42.6%
1-Bedroom apartment outside city center	$1,413.05 A$2,242.75	$755.88 PAB755.88	-46.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$183.02 A$290.49	$94.84 PAB94.84	-48.2%
Average			-39.4%

Canberra vs. Panama City - Cost of housing

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pay 53.3% less for childcare

	Canberra	Panama City
Private preschool for 1 child, monthly	$1,847.17 A$2,931.78	$439.17 PAB439.17	-76.2%
Middle school for 1 child, two semesters	$14,503.36 A$23,019.39	$10,092.67 PAB10,092.67	-30.4%
Average			-53.3%

Canberra vs. Panama City - Cost of childcare

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pay 43.9% less for entertainment and sports

	Canberra	Panama City
Domestic/local beer (1 pint)	$7.25 A$11.51	$3.00 PAB3.00	-58.6%
Cappuccino in mid-range area	$3.68 A$5.84	$3.59 PAB3.59	-2.5%
Pack of cigarettes Marlboro or similar	$26.36 A$41.84	$5.50 PAB5.50	-79.1%
Monthly membership at local gym	$65.69 A$104.26	$47.27 PAB47.27	-28.0%
Movie ticket to theater/cinema	$14.33 A$22.75	$7.00 PAB7.00	-51.2%
Average			-43.9%

Canberra vs. Panama City - Cost of entertainment and sports

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pay 35.5% less for clothing

	Canberra	Panama City
Regular jeans Levi's brand	$86.77 A$137.72	$53.91 PAB53.91	-37.9%
Regular dress from H&M or similar store	$72.18 A$114.56	$37.78 PAB37.78	-47.7%
Running shoes Nike or Adidas	$119.51 A$189.69	$87.62 PAB87.62	-26.7%
Men's business shoes (leather)	$154.17 A$244.70	$108.75 PAB108.75	-29.5%
Average			-35.5%

Canberra vs. Panama City - Cost of clothing

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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: March 2025

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