Budget Direct Insurance Money Magazine's Insurer of the Year 2024 CANSTAR's Insurer of the Year 2025

Canstar & Money Magazine's
Insurer of the Year

prices shown in
Australia vs Panama City
Aus vs Pan

Average net salary (After tax)

Panama City
Australian Avg.

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Pan
Aus
Outside city centre
Pan
Aus

Rent 3 bedroom apartment

Cost per month

In city centre
Pan
Aus
Outside city centre
Pan
Aus

Buy apartment

Price per m2

In city centre
Pan
Aus
Outside city centre
Pan
Aus

Mortgage rates

Panama City
4.5%
Australian Avg.
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Panama City
Australian Avg.

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Pan
Aus

Mobile phone data

Mobile Phone Monthly Plan with Calls and 10GB+ Data

Pan
Aus

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Pan
Aus

Monthly pass

Regular price

Pan
Aus

Fuel prices

Per Litre

Panama City
Australian Avg.

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Pan
Aus
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Pan
Aus
White bread 500g
Pan
Aus
Eggs 12
Pan
Aus
White rice 1kg
Pan
Aus

Pack of cigarettes

(Marlboro)

Panama City
Australian Avg.

Meat & cheese

Chicken breasts 1kg
Pan
Aus
Beef round 1kg
Pan
Aus
Local cheese 1kg
Pan
Aus

Vegetables

Potatoes 1kg
Pan
Aus
Lettuce 1 head
Pan
Aus
Tomatoes 1kg
Pan
Aus

Fruit

Apples 1kg
Pan
Aus
Oranges 1 head
Pan
Aus
Bananas 1kg
Pan
Aus

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Pan $4,070.74/mth
Aus $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Pan $4,070.74/mth
Aus $4,070.74/mth

McDonalds McMeal

Or equivalent combo meal

Panama City
4.5%
Australian Avg.
5.5%

Restaurant Prices in Panama City are 17.14% higher than in Australia

Drinks

Coke/Pepsi 0.33L
bottle
Pan $4,070.74/mth
Aus $4,070.74/mth
Water 0.33L
bottle
Pan $4,070.74/mth
Aus $4,070.74/mth
Cappuccino regular
Pan $4,070.74/mth
Aus $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Pan
Aus
Market 0.5L bottle
Pan
Aus

Imported beer

Restaurant 0.33L bottle
Pan
Aus
Market 0.33L bottle
Pan
Aus

Bottle of wine

Mid-range, from supermarket

Panama City
5
Australian Avg.

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Pan
Aus

Summer dress

From a chain store (e.g. Zara, H&M)

Pan
Aus

Shoes

1 pair Nike shoes
Pan
Aus
1 pair men's leather shoes
Pan
Aus

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Panama City
$15.33
Australian Avg.
$11.43

Tennis court rental

One hour on weekend

Pan $4,070.74/mth
Aus $4,070.74/mth

Fitness club

Monthly fee for one adult

Pan $4,070.74/mth
Aus $4,070.74/mth