Austin vs Panama City - Cost of Living Comparison

Updated: October 10, 2024

	Austin	Panama City
🚶 Cost of living one person	$2473	$1384
👨‍👩‍👧‍👦 Cost of living Family	$5974	$3435
🏠 One person rent	$1613	$751
🏘️ Family rent	$3016	$1474
🍽️ Food expenses	$556	$444
🚐 Transport expenses	$126	$84.4
💳 Monthly salary after tax	$5652	$914
😷 Air quality	Excellent	Good
✈️ Airport proximity	13 km	7 km
🎓 Higher education	66	42
😀 Quality of life	91	66
🏙️ Population	962K	881K

The cost of living in Austin is 79% more expensive than in Panama City. Cities ranked 812th and 4139th ($2473 vs $1384) in the list of the most expensive cities in the world and ranked 724th and 1st in the United States and Panama, respectively. Check the United States vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 2.3 months in Austin compared to 0.7 months in Panama City. Austin ranked 20th best city to live in the United States vs Panama City ranked 1st in Panama, while ranked 116th and 3919th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Austin vs Panama City infographic

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Prices in Austin vs Panama City

Prices for goods and services in Austin and Panama City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Austin	Panama City
Eating Out
🍱 Lunch Menu	$16.8	$12.3
🥂 Dinner in a Restaurant, for 2	$68.3	$55.2
🥪 Fast food meal, equiv. McDonald's	$9.91	$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$6.3	$2.94
☕ Cappuccino	$5.5	$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.61	$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1954	$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1307	$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$4136	$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2445	$1198
🔌 Utility Bill one person, electricity, heating, water, etc.	$108	$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$166	$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$68	$47.4
🏦 Mortgage Interest Rate for 20 Years	6.63%	6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4709	$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2939	$1535
Transportation
🚌 Local transport ticket	$1.5	$0.35
🎟️ Monthly ticket local transport	$45.6	$26.2
🚕 Taxi Ride, 8 km or 5 mi	$19.4	$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.81	$1.02
Groceries
🥛 Milk, 1 L or 1 qt	$1.03	$1.78
🍞 Bread, 0.5 kg or 1.1 lb	$2.94	$2.12
🍚 Rice, 1 kg or 2.2 lb	$2.46	$2.08
🥚 Eggs, x12	$3.29	$2.67
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$11	$7.23
🥩 Round Steak, 1 kg or 2.2 lb	$13.7	$10.4
🍏 Apples, 1 kg or 2.2 lb	$4.42	$3.11
🍌 Banana, 1 kg or 2.2 lb	$1.48	$1.54
🍊 Oranges, 1 kg or 2.2 lb	$4.21	$3.09
🍅 Tomato, 1 kg or 2.2 lb	$3.45	$2.94
🥔 Potato, 1 kg or 2.2 lb	$2.36	$2.19
🧅 Onion, 1 kg or 2.2 lb	$2.72	$2.5
🌊 Water, 1 L or 1 qt	$1.36	$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.87	$2.51
🍾 Wine (mid-priced), 750 mL bottle	$15.1	$9.03
🍺 Beer, 0.5 L or 16 fl oz	$2.34	$1.14
🚬 Cigarette pack	$8.91	$5.89
💊 Cold medicince, 1 week	$6.05	$10.5
🧴 Hair Shampoo	$5.37	$6.97
🧻 Toilet paper, 4 rolls	$3.98	$3.12
👄 Toothpaste, 1 tube	$1.5	$3.06
Other
🏋️ Gym Membership, 1 month	$50.8	$43.8
🎫 Cinema Ticket, 1 person	$14	$6.71
👩‍⚕️ Doctor's visit	$145	$49.1
💇 Haircut, simple	$20.8	$13.7
👖 Brand Jeans	$64	$54.3
👟 Brand Sneakers	$94.1	$90.2
👶 Daycare or Preschool, 1 month	$1453	$437
🏫 International Primary School, 1 year	$21741	$9531

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Austin

Distance	City	Cost of living
19 km or 12 mi	Pflugerville	$2211
25 km or 15 mi	Round Rock	$2145
25 km or 15 mi	Cedar Park	$2232
31 km or 20 mi	Leander	$2250
37 km or 23 mi	Kyle	$2223
39 km or 24 mi	Georgetown	$2194
51 km or 32 mi	San Marcos	$2226
76 km or 47 mi	New Braunfels	$2156
84 km or 52 mi	Seguin	$2177
86 km or 53 mi	Harker Heights	$2075
90 km or 56 mi	Killeen	$2006
93 km or 58 mi	Copperas Cove	$2097
95 km or 59 mi	Cibolo	$2172
96 km or 60 mi	Schertz	$2155
96 km or 60 mi	Temple	$2186
122 km or 76 mi	San Antonio	$2194
137 km or 85 mi	Bryan	$1890
138 km or 86 mi	Kerrville	$2071
140 km or 87 mi	College Station	$1764
150 km or 93 mi	Waco	$2223
180 km or 112 mi	Victoria	$2231
204 km or 126 mi	Rosenberg	$2151
214 km or 133 mi	Huntsville	$2129
215 km or 133 mi	The Woodlands	$2692
218 km or 136 mi	Stephenville	$2137
218 km or 136 mi	Conroe	$1798
219 km or 136 mi	Sugar Land	$2164
226 km or 140 mi	Missouri	$2143
227 km or 141 mi	Spring	$2093
230 km or 143 mi	Cleburne	$2145
233 km or 145 mi	Corsicana	$2156
234 km or 145 mi	Houston	$2248
248 km or 154 mi	Waxahachie	$2173
249 km or 155 mi	Pearland	$2080
252 km or 156 mi	Burleson	$2158
252 km or 157 mi	Midlothian	$2189
256 km or 159 mi	Pasadena	$2101
258 km or 160 mi	Alvin	$2003
260 km or 161 mi	Friendswood	$2035
260 km or 161 mi	Mansfield	$2299

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1249
16 km or 9.9 mi	Tocumen	$1231
26 km or 16 mi	Pacora	$1249
34 km or 21 mi	La Chorrera	$953
59 km or 37 mi	Colon	$1182
108 km or 67 mi	Penonome	$1098
154 km or 96 mi	Chitre	$1091
190 km or 118 mi	Santiago de Veraguas	$1056
321 km or 199 mi	Turbo	$634
329 km or 204 mi	David	$833
398 km or 247 mi	Monteria	$620
403 km or 250 mi	Limon	$1201
406 km or 252 mi	Santa Cruz de Lorica	$638
452 km or 281 mi	Sincelejo	$506
463 km or 288 mi	Cartagena	$748
483 km or 300 mi	Quibdo	$661
494 km or 307 mi	Cartago	$961
513 km or 319 mi	San Jose	$1239
518 km or 322 mi	Heredia	$1246
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$789
529 km or 329 mi	Alajuela	$1233
530 km or 329 mi	Medellin	$873
534 km or 332 mi	Envigado	$871
558 km or 347 mi	Soledad	$840
559 km or 348 mi	Barranquilla	$789
595 km or 370 mi	Puntarenas	$1277
617 km or 383 mi	Cartago	$619
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1310
627 km or 390 mi	Pereira	$641
631 km or 392 mi	Santa Marta	$979
632 km or 393 mi	Buenaventura	$718
636 km or 395 mi	Minca	$863
651 km or 404 mi	Salento	$562
652 km or 405 mi	Armenia	$541
657 km or 408 mi	Tulua	$477
658 km or 409 mi	Barrancabermeja	$573
675 km or 419 mi	Liberia	$898