Cost of living in David, Panama vs Sydney, Australia
Currency:
| Food | - 40% | |||
|---|---|---|---|---|
| Food in David (Panama) is 40% cheaper than in Sydney (Australia) | ||||
| Basic lunchtime menu (including a drink) in the business district | 5.25 B/. (AU$7) | AU$17 | - 61% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 5.66 B/. (AU$7) | AU$13 | - 42% | |
| 500 gr (1 lb.) of boneless chicken breast | 1.97 B/. (AU$2.53) | AU$6 | - 59% | |
| 1 liter (1 qt.) of whole fat milk | 1.46 B/. (AU$1.88) | AU$1.49 | + 26% | |
| 12 eggs, large | 2.57 B/. (AU$3.30) | AU$5.38 | - 39% | |
| 1 kg (2 lb.) of tomatoes | 1.84 B/. (AU$2.36) | AU$4.96 | - 53% | |
| 500 gr (16 oz.) of local cheese | 4.11 B/. (AU$5.28) | AU$6 | - 13% | |
| 1 kg (2 lb.) of apples | 2.57 B/. (AU$3.30) | AU$4.74 | - 30% | |
| 1 kg (2 lb.) of potatoes | 2.19 B/. (AU$2.81) | AU$3.31 | - 15% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.27 B/. (AU$1.63) | AU$5.35 | - 69% | |
| 1 bottle of red table wine, good quality | 7 B/. (AU$9) | AU$18 | - 47% | |
| 2 liters of coca-cola | 2.14 B/. (AU$2.74) | AU$2.95 | - 7% | |
| Bread for 2 people for 1 day | 2.14 B/. (AU$2.75) | AU$2.34 | + 17% | |
| Housing | - 73% | |||
| Housing in David (Panama) is 73% cheaper than in Sydney (Australia) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 851 B/. (AU$1,093) | AU$4,525 | - 76% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 473 B/. (AU$608) | AU$2,800 | - 78% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 66 B/. (AU$85) | AU$481 | - 82% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 460 B/. (AU$591) | AU$2,647 | - 78% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 366 B/. (AU$471) | AU$1,873 | - 75% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 38 B/. (AU$48) | AU$283 | - 83% | |
| Internet 8 mbps (1 month) | 32 B/. (AU$41) | AU$70 | - 41% | |
| 40” flat screen tv | 470 B/. (AU$603) | AU$548 | + 10% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 110 B/. (AU$141) | AU$183 | - 23% | |
| Laundry detergent (3 l. ~ 100 oz.) | 8 B/. (AU$11) | AU$20 | - 46% | |
| Hourly rate for cleaning help | 2.96 B/. (AU$3.80) | AU$36 | - 89% | |
| Clothes | - 30% | |||
| Clothes in David (Panama) is 30% cheaper than in Sydney (Australia) | ||||
| 1 pair of jeans (levis 501 or similar) | 43 B/. (AU$55) | AU$102 | - 46% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 47 B/. (AU$61) | AU$71 | - 14% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 57 B/. (AU$73) | AU$144 | - 50% | |
| 1 pair of men’s leather business shoes | 52 B/. (AU$67) | AU$158 | - 58% | |
| Transportation | - 60% | |||
| Transportation in David (Panama) is 60% cheaper than in Sydney (Australia) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 19,390 B/. (AU$24,904) | AU$28,608 | - 13% | |
| 1 liter (1/4 gallon) of gas | 0.95 B/. (AU$1.22) | AU$1.42 | - 14% | |
| Monthly ticket public transport | 46 B/. (AU$59) | AU$211 | - 72% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | AU$25 | - | |
| Personal Care | - 5% | |||
| Personal Care in David (Panama) is 5% cheaper than in Sydney (Australia) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (AU$12) | AU$9 | + 23% | |
| 1 box of antibiotics (12 doses) | 26 B/. (AU$33) | AU$15 | + 125% | |
| Short visit to private doctor (15 minutes) | 27 B/. (AU$35) | AU$63 | - 45% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (AU$8) | AU$7 | + 14% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.13 B/. (AU$4.01) | AU$4.44 | - 10% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 4.08 B/. (AU$5.24) | AU$8 | - 31% | |
| 4 rolls of toilet paper | 2.32 B/. (AU$2.98) | AU$3.83 | - 22% | |
| Tube of toothpaste | 2.10 B/. (AU$2.70) | AU$3.90 | - 31% | |
| Standard men's haircut in expat area of the city | 6 B/. (AU$8) | AU$25 | - 67% | |
| Entertainment | - 62% | |||
| Entertainment in David (Panama) is 62% cheaper than in Sydney (Australia) | ||||
| Basic dinner out for two in neighborhood pub | 19 B/. (AU$24) | AU$50 | - 52% | |
| 2 tickets to the movies | 8 B/. (AU$11) | AU$37 | - 71% | |
| 2 tickets to the theater (best available seats) | - | AU$252 | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 35 B/. (AU$45) | AU$97 | - 53% | |
| 1 cocktail drink in downtown club | 2.85 B/. (AU$3.66) | AU$18 | - 80% | |
| Cappuccino in expat area of the city | 2.44 B/. (AU$3.13) | AU$4.29 | - 27% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1.75 B/. (AU$2.25) | AU$8 | - 73% | |
| Ipad wi-fi 128gb | - | AU$729 | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.08 B/. (AU$0.11) | AU$0.77 | - 86% | |
| 1 month of gym membership in business district | 32 B/. (AU$41) | AU$77 | - 46% | |
| 1 package of marlboro cigarettes | 4.86 B/. (AU$6) | AU$41 | - 85% | |
| TOTAL | - 59% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 683 prices entered by 99 different people.
These prices were last updated on March 06, 2021.
Exchange rate:
1.284
AUD
/
PAB
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Cost of living in David (Panama) is 59% cheaper than in Sydney (Australia)
For example, to keep the same standard of living that would require AU$15,000 in Sydney you would need to make just about AU$6,142 (4,782 B/.) in David.
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