Panama City vs Sydney - Cost of Living Comparison

Updated:

Livingcost

Panama City Sydney
🚶 Cost of living one person
$1590
$2844
👨‍👩‍👧‍👦 Cost of living Family
$3556
$6812
🏠 One person rent
$946
$1756
🏘️ Family rent
$1545
$3107
🍽️ Food expenses
$439
$592
🚐 Transport expenses
$100
$335
💳 Monthly salary after tax
$973
$4188
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
7 km
9 km
🎓 Higher education
42
99
😀 Quality of life
71
100
🏙️ Population
1.54M
5.45M

The cost of living in Panama City is 44% less expensive than in Sydney. Cities ranked 3634th and 370th ($1590 vs $2844) 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 0.6 months in Panama City compared to 1.5 months in Sydney. Panama City ranked 1st best city to live in Panama vs Sydney ranked 2nd in Australia, while ranked 3213th and 2nd 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
$9.69
$15.4
🥂 Dinner in a Restaurant, for 2
$45.4
$81.6
🥪 Fast food meal, equiv. McDonald's
$8.03
$11.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$7.3
☕ Cappuccino
$4.3
$3.97
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.82
$2.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1068
$2215
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$747
$1420
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1913
$3992
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1223
$2582
🔌 Utility Bill one person, electricity, heating, water, etc.
$90.4
$126
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$140
$193
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.6
$50.1
🏦 Mortgage Interest Rate for 20 Years
6.27%
5.83%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3111
$12962
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1732
$7403
Transportation
🚌 Local transport ticket
$0.35
$3.96
🎟️ Monthly ticket local transport
$22.5
$117
🚕 Taxi Ride, 8 km or 5 mi
$14.7
$20.2
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.98
$1.39
Groceries
🥛 Milk, 1 L or 1 qt
$1.83
$1.74
🍞 Bread, 0.5 kg or 1.1 lb
$2.17
$2.28
🍚 Rice, 1 kg or 2.2 lb
$2.34
$2.09
🥚 Eggs, x12
$3.11
$5.78
🧀 Cheese, 1 kg or 2.2 lb
$12.1
$13.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.11
$9.72
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$15.5
🍏 Apples, 1 kg or 2.2 lb
$3.56
$3.62
🍌 Banana, 1 kg or 2.2 lb
$1.54
$3.08
🍊 Oranges, 1 kg or 2.2 lb
$3.7
$3.19
🍅 Tomato, 1 kg or 2.2 lb
$3.36
$4.73
🥔 Potato, 1 kg or 2.2 lb
$2.62
$2.9
🧅 Onion, 1 kg or 2.2 lb
$3.19
$2.27
🌊 Water, 1 L or 1 qt
$1.24
$0.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$2.95
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$16.4
🍺 Beer, 0.5 L or 16 fl oz
$1.35
$4.08
🚬 Cigarette pack
$5.95
$28.3
💊 Cold medicince, 1 week
$8.08
$8.18
🧴 Hair Shampoo
$7.95
$4.65
🧻 Toilet paper, 4 rolls
$2.92
$3.58
👄 Toothpaste, 1 tube
$3.05
$3.34
Other
🏋️ Gym Membership, 1 month
$41.9
$66
🎫 Cinema Ticket, 1 person
$7.52
$17.6
👩‍⚕️ Doctor's visit
$42.9
$70
💇 Haircut, simple
$14.5
$21.4
👖 Brand Jeans
$58.4
$77.3
👟 Brand Sneakers
$90.7
$111
👶 Daycare or Preschool, 1 month
$505
$2275
🏫 International Primary School, 1 year
$11486
$25164

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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

Cities near Sydney

Distance City Cost of living
15 km or 9.2 mi Dee Why
$2354
19 km or 12 mi Parramatta
$2481
29 km or 18 mi Kellyville
$2040
29 km or 18 mi Blacktown
$1709
69 km or 43 mi Wollongong
$1695
117 km or 73 mi Newcastle
$1995
158 km or 98 mi Bathurst
$1701
168 km or 104 mi Goulburn
$1795
205 km or 127 mi Orange
$1460
247 km or 154 mi Canberra
$2258
301 km or 187 mi Dubbo
$1855
314 km or 195 mi Port Macquarie
$1786
377 km or 234 mi Armidale
$1273
378 km or 235 mi Wagga Wagga
$1608
436 km or 271 mi Coffs Harbour
$2132
478 km or 297 mi Griffith
$1825
597 km or 371 mi Shepparton
$1816
624 km or 388 mi Byron Bay
$2672
638 km or 396 mi Traralgon
$2000
683 km or 425 mi Gold Coast
$2530
689 km or 428 mi Southport
$2341
695 km or 432 mi Pakenham
$1936
701 km or 436 mi Berwick
$1915
706 km or 439 mi Bendigo
$1493
706 km or 439 mi Toowoomba
$1720
707 km or 439 mi Dandenong
$1913
711 km or 442 mi Ipswich
$1825
711 km or 442 mi Cranbourne
$1810
713 km or 443 mi South Yarra
$1834
713 km or 443 mi Melbourne
$2543
716 km or 445 mi Sunbury
$1933
724 km or 450 mi Frankston
$1889
732 km or 455 mi Melton
$1896
733 km or 455 mi Brisbane
$2323
735 km or 457 mi Tarneit
$1813
736 km or 457 mi Hoppers Crossing
$1847
775 km or 481 mi Caboolture
$1992
778 km or 484 mi Geelong
$2179
779 km or 484 mi Ballarat
$1606
807 km or 502 mi Caloundra
$1863