Melbourne vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Melbourne Panama City
🚶 Cost of living one person
$2543
$1590
👨‍👩‍👧‍👦 Cost of living Family
$6242
$3556
🏠 One person rent
$1414
$946
🏘️ Family rent
$2478
$1545
🍽️ Food expenses
$607
$439
🚐 Transport expenses
$361
$100
💳 Monthly salary after tax
$4489
$973
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
12 km
7 km
🎓 Higher education
100
42
😀 Quality of life
100
71
🏙️ Population
5.35M
1.54M

The cost of living in Melbourne is 60% more expensive than in Panama City. Cities ranked 829th and 3634th ($2543 vs $1590) in the list of the most expensive cities in the world and ranked 4th and 1st in Australia and Panama, respectively. Check Australia vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.8 months in Melbourne compared to 0.6 months in Panama City. Melbourne ranked 1st best city to live in Australia vs Panama City ranked 1st in Panama, while ranked 1st and 3213th among best cities to live in the world.

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Prices in Melbourne vs Panama City

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

Melbourne Panama City
Eating Out
🍱 Lunch Menu
$15.5
$9.69
🥂 Dinner in a Restaurant, for 2
$67.1
$45.4
🥪 Fast food meal, equiv. McDonald's
$12
$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$9.51
$2.93
☕ Cappuccino
$4.02
$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.15
$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1557
$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1162
$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2836
$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2092
$1223
🔌 Utility Bill one person, electricity, heating, water, etc.
$122
$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$186
$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$51.2
$44.6
🏦 Mortgage Interest Rate for 20 Years
5.58%
6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6978
$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6027
$1732
Transportation
🚌 Local transport ticket
$3.85
$0.35
🎟️ Monthly ticket local transport
$140
$22.5
🚕 Taxi Ride, 8 km or 5 mi
$19.7
$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.42
$0.98
Groceries
🥛 Milk, 1 L or 1 qt
$1.67
$1.83
🍞 Bread, 0.5 kg or 1.1 lb
$2.67
$2.17
🍚 Rice, 1 kg or 2.2 lb
$2.28
$2.34
🥚 Eggs, x12
$5.94
$3.11
🧀 Cheese, 1 kg or 2.2 lb
$13.1
$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.76
$7.11
🥩 Round Steak, 1 kg or 2.2 lb
$15
$10.6
🍏 Apples, 1 kg or 2.2 lb
$3.92
$3.56
🍌 Banana, 1 kg or 2.2 lb
$3.2
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$3.2
$3.7
🍅 Tomato, 1 kg or 2.2 lb
$5.07
$3.36
🥔 Potato, 1 kg or 2.2 lb
$3.08
$2.62
🧅 Onion, 1 kg or 2.2 lb
$2.76
$3.19
🌊 Water, 1 L or 1 qt
$1.19
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.68
$2.37
🍾 Wine (mid-priced), 750 mL bottle
$14.3
$12.1
🍺 Beer, 0.5 L or 16 fl oz
$5.54
$1.35
🚬 Cigarette pack
$26
$5.95
💊 Cold medicince, 1 week
$8.16
$8.08
🧴 Hair Shampoo
$6.98
$7.95
🧻 Toilet paper, 4 rolls
$3.14
$2.92
👄 Toothpaste, 1 tube
$3.17
$3.05
Other
🏋️ Gym Membership, 1 month
$55.5
$41.9
🎫 Cinema Ticket, 1 person
$16.4
$7.52
👩‍⚕️ Doctor's visit
$56.8
$42.9
💇 Haircut, simple
$28
$14.5
👖 Brand Jeans
$80.1
$58.4
👟 Brand Sneakers
$123
$90.7
👶 Daycare or Preschool, 1 month
$2326
$505
🏫 International Primary School, 1 year
$22313
$11486

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Melbourne

Distance City Cost of living
3.2 km or 2 mi South Yarra
$1834
24 km or 15 mi Hoppers Crossing
$1847
25 km or 16 mi Tarneit
$1813
29 km or 18 mi Dandenong
$1913
34 km or 21 mi Sunbury
$1933
37 km or 23 mi Melton
$1896
40 km or 25 mi Frankston
$1889
41 km or 25 mi Berwick
$1915
42 km or 26 mi Cranbourne
$1810
54 km or 34 mi Pakenham
$1936
65 km or 40 mi Geelong
$2179
102 km or 64 mi Ballarat
$1606
134 km or 83 mi Bendigo
$1493
144 km or 90 mi Traralgon
$2000
164 km or 102 mi Shepparton
$1816
226 km or 140 mi Warrnambool
$1876
367 km or 228 mi Mount Gambier
$1880
369 km or 230 mi Wagga Wagga
$1608
392 km or 244 mi Devonport
$1868
404 km or 251 mi Griffith
$1825
444 km or 276 mi Launceston
$1728
466 km or 290 mi Canberra
$2258
477 km or 296 mi Mildura
$1905
546 km or 339 mi Goulburn
$1795
597 km or 371 mi Hobart
$2364
628 km or 390 mi Orange
$1460
643 km or 399 mi Bathurst
$1701
651 km or 405 mi Wollongong
$1695
655 km or 407 mi Adelaide
$2355
700 km or 435 mi Blacktown
$1709
702 km or 436 mi Dubbo
$1855
703 km or 437 mi Parramatta
$2481
707 km or 440 mi Kellyville
$2040
713 km or 443 mi Sydney
$2844
728 km or 452 mi Dee Why
$2354
822 km or 511 mi Newcastle
$1995
891 km or 554 mi Whyalla
$2133
1015 km or 631 mi Port Macquarie
$1786
1021 km or 634 mi Armidale
$1273
1123 km or 698 mi Coffs Harbour
$2132

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1396
16 km or 9.9 mi Tocumen
$1373
26 km or 16 mi Pacora
$1361
34 km or 21 mi La Chorrera
$982
59 km or 37 mi Colon
$1185
108 km or 67 mi Penonome
$1147
154 km or 96 mi Chitre
$1144
190 km or 118 mi Santiago de Veraguas
$1112
321 km or 199 mi Turbo
$797
329 km or 204 mi David
$909
398 km or 247 mi Monteria
$733
403 km or 250 mi Limon
$1228
406 km or 252 mi Santa Cruz de Lorica
$789
452 km or 281 mi Sincelejo
$586
463 km or 288 mi Cartagena
$1186
483 km or 300 mi Quibdo
$802
494 km or 307 mi Cartago
$1361
513 km or 319 mi San Jose
$1574
518 km or 322 mi Heredia
$1471
521 km or 324 mi Magangue
$727
526 km or 327 mi Bello
$1012
529 km or 329 mi Alajuela
$1362
530 km or 329 mi Medellin
$1162
534 km or 332 mi Envigado
$1041
558 km or 347 mi Soledad
$967
559 km or 348 mi Barranquilla
$931
595 km or 370 mi Puntarenas
$872
617 km or 383 mi Cartago
$769
617 km or 383 mi Cienaga
$882
623 km or 387 mi Manizales
$737
627 km or 390 mi Santa Teresa
$1325
627 km or 390 mi Pereira
$862
631 km or 392 mi Santa Marta
$973
632 km or 393 mi Buenaventura
$856
636 km or 395 mi Minca
$891
651 km or 404 mi Salento
$749
652 km or 405 mi Armenia
$749
657 km or 408 mi Tulua
$563
658 km or 409 mi Barrancabermeja
$1001
675 km or 419 mi Liberia
$1024