Panama City vs Sydney - Cost of Living Comparison

Updated:

Livingcost

Panama City Sydney
🚶 Cost of living one person
$1316
$2741
👨‍👩‍👧‍👦 Cost of living Family
$3171
$6649
🏠 One person rent
$709
$1620
🏘️ Family rent
$1291
$3006
🍽️ Food expenses
$426
$559
🚐 Transport expenses
$78
$408
💳 Monthly salary after tax
$901
$3743
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
7 km
9 km
🎓 Higher education
42
99
😀 Quality of life
67
98
🏙️ Population
881K
4.84M

The cost of living in Panama City is 52% less expensive than in Sydney. Cities ranked 4138th and 318th ($1316 vs $2741) in the list of the most expensive cities in the world and ranked 1st and 1st in Panama and Australia, respectively. Check Panama vs Australia comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 1.4 months in Sydney. Panama City ranked 1st best city to live in Panama vs Sydney ranked 2nd in Australia, while ranked 3926th and 3rd among best cities to live in the world.

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Prices in Panama City vs Sydney

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

Panama City Sydney
Eating Out
🍱 Lunch Menu
$11.5
$14.4
🥂 Dinner in a Restaurant, for 2
$51.8
$69.9
🥪 Fast food meal, equiv. McDonald's
$7.97
$10.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.6
$6.69
 Cappuccino
$4.35
$3.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.75
$2.46
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$836
$1859
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$520
$1319
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1703
$3954
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$980
$2433
🔌 Utility Bill one person, electricity, heating, water, etc.
$78.2
$139
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$119
$215
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.6
$53.7
🏦 Mortgage Interest Rate for 20 Years
5.97%
6.47%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2399
$17057
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1457
$10833
Transportation
🚌 Local transport ticket
$0.35
$3.27
🎟️ Monthly ticket local transport
$25.9
$145
🚕 Taxi Ride, 8 km or 5 mi
$12
$29.3
 Gas / Petrol, 1 L or 0.26 gal
$1.06
$1.36
Groceries
🥛 Milk, 1 L or 1 qt
$1.76
$1.53
🍞 Bread, 0.5 kg or 1.1 lb
$2.11
$2.74
🍚 Rice, 1 kg or 2.2 lb
$1.71
$2.43
🥚 Eggs, x12
$2.63
$4.43
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.45
$8.51
🥩 Round Steak, 1 kg or 2.2 lb
$8.87
$15.1
🍏 Apples, 1 kg or 2.2 lb
$2.91
$3.35
🍌 Banana, 1 kg or 2.2 lb
$1.37
$2.64
🍊 Oranges, 1 kg or 2.2 lb
$2.8
$3.05
🍅 Tomato, 1 kg or 2.2 lb
$2.81
$4.17
🥔 Potato, 1 kg or 2.2 lb
$2.1
$2.44
🧅 Onion, 1 kg or 2.2 lb
$2.02
$2.26
🌊 Water, 1 L or 1 qt
$0.98
$1.2
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.59
$2.58
🍾 Wine (mid-priced), 750 mL bottle
$9.98
$13.6
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$5.19
🚬 Cigarette pack
$5.88
$28.6
💊 Cold medicince, 1 week
$9.43
$9.23
🧴 Hair Shampoo
$7.05
$4.26
🧻 Toilet paper, 4 rolls
$3.43
$2.68
👄 Toothpaste, 1 tube
$3.7
$2.57
Other
🏋️ Gym Membership, 1 month
$42
$63.3
🎫 Cinema Ticket, 1 person
$6.85
$16.4
👩‍⚕️ Doctor's visit
$48.6
$55.3
💇 Haircut, simple
$13.5
$21.1
👖 Brand Jeans
$54.3
$79.7
👟 Brand Sneakers
$86.9
$118
👶 Daycare or Preschool, 1 month
$408
$2005
🏫 International Primary School, 1 year
$9581
$17934

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1189
16 km or 9.9 mi Tocumen
$1171
26 km or 16 mi Pacora
$1182
34 km or 21 mi La Chorrera
$917
59 km or 37 mi Colon
$1157
108 km or 67 mi Penonome
$940
154 km or 96 mi Chitre
$980
190 km or 118 mi Santiago de Veraguas
$961
321 km or 199 mi Turbo
$624
329 km or 204 mi David
$789
398 km or 247 mi Monteria
$633
403 km or 250 mi Limon
$1147
406 km or 252 mi Santa Cruz de Lorica
$573
452 km or 281 mi Sincelejo
$536
463 km or 288 mi Cartagena
$877
483 km or 300 mi Quibdo
$649
494 km or 307 mi Cartago
$1009
513 km or 319 mi San Jose
$1169
518 km or 322 mi Heredia
$1040
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$778
529 km or 329 mi Alajuela
$1163
530 km or 329 mi Medellin
$867
534 km or 332 mi Envigado
$812
558 km or 347 mi Soledad
$851
559 km or 348 mi Barranquilla
$780
595 km or 370 mi Puntarenas
$1024
617 km or 383 mi Cartago
$639
617 km or 383 mi Cienaga
$661
623 km or 387 mi Manizales
$727
627 km or 390 mi Santa Teresa
$1114
627 km or 390 mi Pereira
$639
631 km or 392 mi Santa Marta
$705
632 km or 393 mi Buenaventura
$552
636 km or 395 mi Minca
$655
651 km or 404 mi Salento
$567
652 km or 405 mi Armenia
$551
657 km or 408 mi Tulua
$493
658 km or 409 mi Barrancabermeja
$592
675 km or 419 mi Liberia
$1220

Cities near Sydney

Distance City Cost of living
15 km or 9.2 mi Dee Why
$1998
19 km or 12 mi Parramatta
$2348
29 km or 18 mi Kellyville
$1903
29 km or 18 mi Blacktown
$1691
69 km or 43 mi Wollongong
$1430
117 km or 73 mi Newcastle
$1461
158 km or 98 mi Bathurst
$1610
168 km or 104 mi Goulburn
$1723
205 km or 127 mi Orange
$1463
247 km or 154 mi Canberra
$2604
301 km or 187 mi Dubbo
$1404
314 km or 195 mi Port Macquarie
$1688
377 km or 234 mi Armidale
$1354
378 km or 235 mi Wagga Wagga
$1528
436 km or 271 mi Coffs Harbour
$1481
478 km or 297 mi Griffith
$1669
597 km or 371 mi Shepparton
$1672
624 km or 388 mi Byron Bay
$1862
638 km or 396 mi Traralgon
$1707
683 km or 425 mi Gold Coast
$2152
689 km or 428 mi Southport
$2011
695 km or 432 mi Pakenham
$1719
701 km or 436 mi Berwick
$1716
706 km or 439 mi Bendigo
$1317
706 km or 439 mi Toowoomba
$1552
707 km or 439 mi Dandenong
$1693
711 km or 442 mi Ipswich
$1785
711 km or 442 mi Cranbourne
$1701
713 km or 443 mi South Yarra
$1702
713 km or 443 mi Melbourne
$2356
716 km or 445 mi Sunbury
$1746
724 km or 450 mi Frankston
$1707
732 km or 455 mi Melton
$1708
733 km or 455 mi Brisbane
$2356
735 km or 457 mi Tarneit
$1658
736 km or 457 mi Hoppers Crossing
$1673
775 km or 481 mi Caboolture
$1881
778 km or 484 mi Geelong
$1688
779 km or 484 mi Ballarat
$1327
807 km or 502 mi Caloundra
$1816