Melbourne vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Melbourne Panama City
🚶 Cost of living one person
$2397
$1384
👨‍👩‍👧‍👦 Cost of living Family
$5694
$3435
🏠 One person rent
$1344
$751
🏘️ Family rent
$2215
$1474
🍽️ Food expenses
$557
$444
🚐 Transport expenses
$345
$84.4
💳 Monthly salary after tax
$4357
$914
😷 Air quality
Excellent
Good
✈️ Airport proximity
12 km
7 km
🎓 Higher education
100
42
😀 Quality of life
100
66
🏙️ Population
5.03M
881K

The cost of living in Melbourne is 73% more expensive than in Panama City. Cities ranked 923rd and 4139th ($2397 vs $1384) 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 0.7 months in Panama City. Melbourne ranked 1st best city to live in Australia vs Panama City ranked 1st in Panama, while ranked 1st and 3919th among best cities to live in the world.

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Cost of living in Melbourne vs Panama City infographic

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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
$15.4
$12.3
🥂 Dinner in a Restaurant, for 2
$62.1
$55.2
🥪 Fast food meal, equiv. McDonald's
$10.3
$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.61
$2.94
☕ Cappuccino
$3.66
$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.82
$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1361
$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1146
$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2752
$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1818
$1198
🔌 Utility Bill one person, electricity, heating, water, etc.
$101
$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$156
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$54
$47.4
🏦 Mortgage Interest Rate for 20 Years
6.33%
6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7512
$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5768
$1535
Transportation
🚌 Local transport ticket
$3.66
$0.35
🎟️ Monthly ticket local transport
$126
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$21.4
$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.36
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.47
$1.78
🍞 Bread, 0.5 kg or 1.1 lb
$2.64
$2.12
🍚 Rice, 1 kg or 2.2 lb
$2.33
$2.08
🥚 Eggs, x12
$4.36
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$10.3
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.57
$7.23
🥩 Round Steak, 1 kg or 2.2 lb
$14.4
$10.4
🍏 Apples, 1 kg or 2.2 lb
$3.43
$3.11
🍌 Banana, 1 kg or 2.2 lb
$2.79
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$2.65
$3.09
🍅 Tomato, 1 kg or 2.2 lb
$4.42
$2.94
🥔 Potato, 1 kg or 2.2 lb
$2.37
$2.19
🧅 Onion, 1 kg or 2.2 lb
$2.19
$2.5
🌊 Water, 1 L or 1 qt
$0.98
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.61
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$13.7
$9.03
🍺 Beer, 0.5 L or 16 fl oz
$4.74
$1.14
🚬 Cigarette pack
$26.8
$5.89
💊 Cold medicince, 1 week
$6.82
$10.5
🧴 Hair Shampoo
$7.97
$6.97
🧻 Toilet paper, 4 rolls
$3.51
$3.12
👄 Toothpaste, 1 tube
$4
$3.06
Other
🏋️ Gym Membership, 1 month
$52.8
$43.8
🎫 Cinema Ticket, 1 person
$15.4
$6.71
👩‍⚕️ Doctor's visit
$56.2
$49.1
💇 Haircut, simple
$23.1
$13.7
👖 Brand Jeans
$81.3
$54.3
👟 Brand Sneakers
$115
$90.2
👶 Daycare or Preschool, 1 month
$1974
$437
🏫 International Primary School, 1 year
$21306
$9531

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
$1758
24 km or 15 mi Hoppers Crossing
$1767
25 km or 16 mi Tarneit
$1757
29 km or 18 mi Dandenong
$1876
34 km or 21 mi Sunbury
$1822
37 km or 23 mi Melton
$1795
40 km or 25 mi Frankston
$1799
41 km or 25 mi Berwick
$1800
42 km or 26 mi Cranbourne
$1738
54 km or 34 mi Pakenham
$1805
65 km or 40 mi Geelong
$1892
102 km or 64 mi Ballarat
$1357
134 km or 83 mi Bendigo
$1397
144 km or 90 mi Traralgon
$1829
164 km or 102 mi Shepparton
$1717
226 km or 140 mi Warrnambool
$1697
367 km or 228 mi Mount Gambier
$1788
369 km or 230 mi Wagga Wagga
$1628
392 km or 244 mi Devonport
$1900
404 km or 251 mi Griffith
$1746
444 km or 276 mi Launceston
$1798
466 km or 290 mi Canberra
$2393
477 km or 296 mi Mildura
$1816
546 km or 339 mi Goulburn
$1748
597 km or 371 mi Hobart
$2265
628 km or 390 mi Orange
$1500
643 km or 399 mi Bathurst
$1674
651 km or 405 mi Wollongong
$1532
655 km or 407 mi Adelaide
$2246
700 km or 435 mi Blacktown
$1732
702 km or 436 mi Dubbo
$1815
703 km or 437 mi Parramatta
$2472
707 km or 440 mi Kellyville
$1997
713 km or 443 mi Sydney
$2801
728 km or 452 mi Dee Why
$2286
822 km or 511 mi Newcastle
$1833
891 km or 554 mi Whyalla
$2013
1015 km or 631 mi Port Macquarie
$1661
1021 km or 634 mi Armidale
$1289
1123 km or 698 mi Coffs Harbour
$1913

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