Austria vs Panama - Cost of Living Comparison

Austria Panama
🚶 Cost of living one person
$1668
$1229
👨‍👩‍👧‍👦 Cost of living Family
$4059
$2652
🏠 One person rent
$853
$698
🏘️ Family rent
$1538
$984
🍽️ Food expenses
$506
$382
🚐 Transport expenses
$139
$61.5
💳 Monthly salary after tax
$2904
$834
💸 GDP per capita
$52131
$17358
😃 Human freedom index
8.26
7.52
❤️ Life expectancy
81.2
76.2
👮 Corruption perceptions index
71
36
🌐 English speaking %
73.1%
14%
🎓 Higher education
94
48
😀 Quality of life
92
56
🏙️ Population
8.98M
4.1M

The average cost of living in Austria ($1668) is 36% more expensive than in Panama ($1229). Austria ranked 22nd vs 47th for Panama in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.7 months in Austria compared to 0.7 months in Panama. Ranked 15th and 72nd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Austria vs Panama infographic

Share this infographic!

Prices in Austria vs Panama

We calculate prices for Austria and Panama as a population-weighted mean of 26 and 10 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Austria Panama
Eating Out
🍱 Lunch Menu
$14.5
$8.21
🥂 Dinner in a Restaurant, for 2
$58.5
$38.2
🥪 Fast food meal, equiv. McDonald's
$9.95
$6.7
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.53
$2.33
 Cappuccino
$3.93
$4.01
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.88
$1.5
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$810
$746
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$622
$529
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1599
$1322
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1171
$688
🔌 Utility Bill one person, electricity, heating, water, etc.
$161
$82.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$249
$127
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$34.8
$41
🏦 Mortgage Interest Rate for 20 Years
2.76%
6.32%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7428
$2278
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4953
$1359
Transportation
🚌 Local transport ticket
$2.75
$0.39
🎟️ Monthly ticket local transport
$51.4
$31
🚕 Taxi Ride, 8 km or 5 mi
$20.4
$11.3
 Gas / Petrol, 1 L or 0.26 gal
$1.9
$1.1
Groceries
🥛 Milk, 1 L or 1 qt
$1.53
$1.75
🍞 Bread, 0.5 kg or 1.1 lb
$2.22
$2.03
🍚 Rice, 1 kg or 2.2 lb
$2.07
$1.93
🥚 Eggs, x12
$4.64
$2.44
🧀 Cheese, 1 kg or 2.2 lb
$15.5
$10.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$13.2
$6.05
🥩 Round Steak, 1 kg or 2.2 lb
$19
$7.84
🍏 Apples, 1 kg or 2.2 lb
$2.37
$2.8
🍌 Banana, 1 kg or 2.2 lb
$2.06
$1.3
🍊 Oranges, 1 kg or 2.2 lb
$2.69
$2.8
🍅 Tomato, 1 kg or 2.2 lb
$3.66
$2.82
🥔 Potato, 1 kg or 2.2 lb
$2.02
$2.06
🧅 Onion, 1 kg or 2.2 lb
$1.69
$1.97
🌊 Water, 1 L or 1 qt
$0.46
$0.92
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.45
$2.42
🍾 Wine (mid-priced), 750 mL bottle
$7.3
$9.53
🍺 Beer, 0.5 L or 16 fl oz
$1.28
$1.21
🚬 Cigarette pack
$6.66
$6.07
💊 Cold medicince, 1 week
$11.8
$12.2
🧴 Hair Shampoo
$3.49
$6.75
🧻 Toilet paper, 4 rolls
$1.71
$3.34
👄 Toothpaste, 1 tube
$2.18
$3.09
Other
🏋️ Gym Membership, 1 month
$39.7
$37.7
🎫 Cinema Ticket, 1 person
$12.7
$6.26
👩‍⚕️ Doctor's visit
$124
$41.8
💇 Haircut, simple
$18
$11.5
👖 Brand Jeans
$94.9
$47.1
👟 Brand Sneakers
$89.5
$71.5
👶 Daycare or Preschool, 1 month
$358
$391
🏫 International Primary School, 1 year
$12478
$8930

Cost of living in other countries

Cost of living

Cities Comparison in Austria vs Panama

More countries to compare

Cost of Living in Popular cities

In Austria

City Cost of living Population
Vienna
$1749
1.97M
Graz
$1596
293K
Linz
$1673
210K
Salzburg
$1681
155K
Innsbruck
$1631
131K
Klagenfurt
$1633
101K
Wels
$1388
61.2K
Sankt Polten
$1463
55.5K
Villach
$1558
65.1K
Dornbirn
$1622
48.1K
Wiener Neustadt
$1368
44.5K
Steyr
$1506
38.3K
Klosterneuburg
$1434
27.1K
Baden bei Wien
$1572
26.3K
Amstetten
$1293
23.7K
Feldkirch
$1476
33.4K
Leonding
$1521
28.7K
Bregenz
$1731
29.8K
Krems an der Donau
$1473
25.3K
Leoben
$1376
24.6K
Traun
$1442
24.5K
Kapfenberg
$1149
22.8K
Modling
$1549
20.6K
Hallein
$1589
21.2K
Lustenau
$1605
22.8K
Wolfsberg
$1182
25K

In Panama

City Cost of living Population
Panama City
$1284
881K
Colon
$1592
242K
Tocumen
$1062
103K
Santiago de Veraguas
$988
89K
David
$755
82.9K
La Chorrera
$800
68.9K
Balboa
$1156
62.9K
Pacora
$1079
52.5K
Chitre
$1008
46.2K
Penonome
$955
21.7K