Cost of living comparison

Panama City, Panama

compared to

Canberra, Australia

Canberra vs. Panama City Cost of Living Summary

Canberra is 90.5% more expensive than Panama City.

Restaurants: pay 46.4% more in Canberra
Groceries: pay 27.3% more in Canberra
Transportation: pay 2.2 times more in Canberra
Housing: pay 69.9% more in Canberra
Childcare: pay 2.8 times more in Canberra
Entertainment and Sports: pay 2.3 times more in Canberra
Clothing: pay 57.6% more in Canberra

The cost of childcare, entertainment and sports, transportation, housing, clothing, and restaurants in Canberra are more expensive than in Panama City. Notably, childcare, entertainment and sports, and transportation are significantly more expensive in Canberra.

Canberra vs. Panama City Cost Breakdown

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

Display currency: USD

pay 46.4% more for restaurants

	Panama City	Canberra
Basic meal with drink at inexpensive restaurant	$13.25 PAB13.25	$19.77 A$31.38	+49.2%
Fast food combo meal McDonalds, or similar	$8.00 PAB8.00	$9.89 A$15.69	+23.6%
Bottle of Coca-Cola (11 fl. oz)	$1.86 PAB1.86	$2.76 A$4.39	+48.8%
Bottle of water (11 fl. oz)	$1.41 PAB1.41	$2.32 A$3.68	+64.1%
Average			+46.4%

Panama City vs. Canberra - Cost of restaurants

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pay 27.3% more for groceries

	Panama City	Canberra
Bread 1 loaf	$2.51 PAB2.51	$2.59 A$4.10	+3.2%
Local cheese (8 oz)	$6.39 PAB6.39	$5.39 A$8.56	-15.6%
Milk (1 gallon)	$6.80 PAB6.80	$6.59 A$10.46	-3.1%
Eggs 1 dozen	$2.68 PAB2.68	$4.63 A$7.35	+73.0%
Boneless chicken breast (1 lb)	$3.41 PAB3.41	$4.12 A$6.54	+20.9%
Apples (1 lb)	$1.48 PAB1.48	$1.62 A$2.57	+9.2%
Bananas (1 lb)	$0.72 PAB0.72	$1.34 A$2.13	+85.7%
Oranges (1 lb)	$1.24 PAB1.24	$1.57 A$2.49	+26.4%
Tomatoes (1 lb)	$1.40 PAB1.40	$2.46 A$3.91	+76.4%
Potatoes (1 lb)	$0.98 PAB0.98	$1.25 A$1.98	+26.9%
Onions (1 lb)	$1.15 PAB1.15	$1.11 A$1.77	-2.9%
Average			+27.3%

Panama City vs. Canberra - Cost of groceries

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pay 2.2 times more for transportation

	Panama City	Canberra
Gasoline (1 gallon)	$3.69 PAB3.69	$5.07 A$8.05	+37.5%
Monthly public transit pass	$25.00 PAB25.00	$118.63 A$188.28	+374.5%
New Volkswagen Golf 1.4 (standard edition)	$19,750.00 PAB19,750.00	$29,276.08 A$46,466.29	+48.2%
Taxi trip in downtown area (5 miles)	$16.71 PAB16.71	$17.66 A$28.03	+5.7%
Average			+116.5%

Panama City vs. Canberra - Cost of transportation

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pay 69.9% more for housing

	Panama City	Canberra
Internet connection 50 mbps or faster, cable/dsl	$52.10 PAB52.10	$65.39 A$103.78	+25.5%
1-Bedroom apartment in downtown area	$1,023.81 PAB1,023.81	$1,783.31 A$2,830.42	+74.2%
1-Bedroom apartment outside city center	$755.88 PAB755.88	$1,413.05 A$2,242.75	+86.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$94.84 PAB94.84	$183.02 A$290.49	+93.0%
Average			+69.9%

Panama City vs. Canberra - Cost of housing

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pay 2.8 times more for childcare

	Panama City	Canberra
Private preschool for 1 child, monthly	$439.17 PAB439.17	$1,847.17 A$2,931.78	+320.6%
Middle school for 1 child, two semesters	$10,092.67 PAB10,092.67	$14,503.36 A$23,019.39	+43.7%
Average			+182.2%

Panama City vs. Canberra - Cost of childcare

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pay 2.3 times more for entertainment and sports

	Panama City	Canberra
Domestic/local beer (1 pint)	$3.00 PAB3.00	$7.25 A$11.51	+141.6%
Cappuccino in mid-range area	$3.59 PAB3.59	$3.68 A$5.84	+2.6%
Pack of cigarettes Marlboro or similar	$5.50 PAB5.50	$26.36 A$41.84	+379.3%
Monthly membership at local gym	$47.27 PAB47.27	$65.69 A$104.26	+39.0%
Movie ticket to theater/cinema	$7.00 PAB7.00	$14.33 A$22.75	+104.8%
Average			+133.5%

Panama City vs. Canberra - Cost of entertainment and sports

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pay 57.6% more for clothing

	Panama City	Canberra
Regular jeans Levi's brand	$53.91 PAB53.91	$86.77 A$137.72	+61.0%
Regular dress from H&M or similar store	$37.78 PAB37.78	$72.18 A$114.56	+91.1%
Running shoes Nike or Adidas	$87.62 PAB87.62	$119.51 A$189.69	+36.4%
Men's business shoes (leather)	$108.75 PAB108.75	$154.17 A$244.70	+41.8%
Average			+57.6%

Panama City vs. Canberra - 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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