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  3. Cost of Living & Prices: Austria vs. Panama

Cost of Living & Prices:
Austria vs. Panama

Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.

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Table of contents

Grocery

EURUSD

Austria vs. Panama - grocery purchase prices. You would pay on average 1.26 times more for grocery shopping in Austria than in Panama.

Apples (1kg)

One kilogram of apples costs 2.62 EUR (3.05 USD) in Austria and 3.41 EUR (3.96 USD) in Panama. The price of this product is 23.2% lower in Austria.

2.62 EUR
3.41 EUR

Banana (1kg)

1 kilogram of bananas costs 2.12 EUR (2.46 USD) in Austria and 1.16 EUR (1.35 USD) in Panama. The price of this product is 45.3% lower in Panama.

2.12 EUR
1.16 EUR

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

One kilogram of beef or similar meat costs 21.08 EUR (24.5 USD) in Austria and 7.98 EUR (9.28 USD) in Panama. The price of this product is 62.1% lower in Panama.

21.08 EUR
7.98 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 6 EUR (6.97 USD) in Austria and 8.6 EUR (10 USD) in Panama. The price of this product is 30.2% lower in Austria.

6.00 EUR
8.60 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 13.17 EUR (15.31 USD) in Austria and 6.24 EUR (7.25 USD) in Panama. The price of this product is 52.6% lower in Panama.

13.17 EUR
6.24 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 6.5 EUR (7.56 USD) in Austria and 5.09 EUR (5.92 USD) in Panama. The price of this product is 21.7% lower in Panama.

6.50 EUR
5.09 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 1.26 EUR (1.46 USD) in Austria and 1.06 EUR (1.23 USD) in Panama. The price of this product is 15.9% lower in Panama.

1.26 EUR
1.06 EUR

Eggs (regular) (12)

You will pay 3.97 EUR (4.61 USD) for 12 eggs in Austria and 2.29 EUR (2.66 USD) in Panama. The price of this product is 42.3% lower in Panama.

3.97 EUR
2.29 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 1.73 EUR (2.01 USD) in Austria and 1.92 EUR (2.23 USD) in Panama. The price of this product is 9.9% lower in Austria.

1.73 EUR
1.92 EUR

Johnnie Walker Red Label Whisky 0.7 Litre

A 0.7 liter bottle of Johnnie Walker Red Label whiskey costs 12.04 EUR (14 USD) in Austria and 19.39 EUR (22.54 USD) in Panama. The price of this product is 37.9% lower in Austria.

12.04 EUR
19.39 EUR

Lettuce (1 head)

One head of lettuce costs 1.72 EUR (2 USD) in Austria and 1.82 EUR (2.11 USD) in Panama. The price of this product is 5.5% lower in Austria.

1.72 EUR
1.82 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 2.47 EUR (2.87 USD) in Austria and 2.09 EUR (2.43 USD) in Panama. The price of this product is 15.4% lower in Panama.

2.47 EUR
2.09 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 15.31 EUR (17.8 USD) in Austria and 9.74 EUR (11.32 USD) in Panama. The price of this product is 36.4% lower in Panama.

15.31 EUR
9.74 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.5 EUR (1.74 USD) in Austria and 1.56 EUR (1.81 USD) in Panama. The price of this product is 3.8% lower in Austria.

1.50 EUR
1.56 EUR

Onion (1kg)

One kilogram of onions costs 1.78 EUR (2.07 USD) in Austria and 2.07 EUR (2.41 USD) in Panama. The price of this product is 14% lower in Austria.

1.78 EUR
2.07 EUR

Oranges (1kg)

One kilogram of oranges costs 2.93 EUR (3.41 USD) in Austria and 2.5 EUR (2.91 USD) in Panama. The price of this product is 14.7% lower in Panama.

2.93 EUR
2.50 EUR

Potato (1kg)

One kilogram of potatoes costs 1.85 EUR (2.15 USD) in Austria and 1.84 EUR (2.14 USD) in Panama. The price of this product is 0.5% lower in Panama.

1.85 EUR
1.84 EUR

Rice (white), (1kg)

One kilogram of white rice costs 2.37 EUR (2.75 USD) in Austria and 1.97 EUR (2.29 USD) in Panama. The price of this product is 16.9% lower in Panama.

2.37 EUR
1.97 EUR

Smirnoff Red Label Vodka 0.7 Litre

A 0.7 liter bottle of Smirnoff Red Label vodka costs 12.72 EUR (14.79 USD) in Austria and 8.45 EUR (9.82 USD) in Panama. The price of this product is 33.6% lower in Panama.

12.72 EUR
8.45 EUR

Tomato (1kg)

One kilogram of tomatoes costs 3.65 EUR (4.24 USD) in Austria and 2.58 EUR (3 USD) in Panama. The price of this product is 29.3% lower in Panama.

3.65 EUR
2.58 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 0.8 EUR (0.93 USD) in Austria and 1.37 EUR (1.59 USD) in Panama. The price of this product is 41.6% lower in Austria.

0.80 EUR
1.37 EUR

Restaurant

EURUSD

Austria vs. Panama - expenses on meals in restaurants. You would pay 1.8 times more for meals in restaurants in Austria than in Panama.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 4.34 EUR (5.04 USD) in Austria and 3.06 EUR (3.56 USD) in Panama. The price of this product is 29.5% lower in Panama.

4.34 EUR
3.06 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 3.01 EUR (3.5 USD) in Austria and 1.3 EUR (1.51 USD) in Panama. The price of this product is 56.8% lower in Panama.

3.01 EUR
1.30 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 5 EUR (5.81 USD) in Austria and 1.94 EUR (2.25 USD) in Panama. The price of this product is 61.2% lower in Panama.

5.00 EUR
1.94 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 5 EUR (5.81 USD) in Austria and 3.44 EUR (4 USD) in Panama. The price of this product is 31.2% lower in Panama.

5.00 EUR
3.44 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 10 EUR (11.62 USD) in Austria and 6.88 EUR (8 USD) in Panama. The price of this product is 31.2% lower in Panama.

10.00 EUR
6.88 EUR

Meal for 2 People, Mid-range Restaurant, Three-course

A three-course meal for two people at a mid-range restaurant costs 80 EUR (92.99 USD) in Austria and 43.01 EUR (50 USD) in Panama. The price of this product is 46.2% lower in Panama.

80.00 EUR
43.01 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 15 EUR (17.44 USD) in Austria and 8.6 EUR (10 USD) in Panama. The price of this product is 42.7% lower in Panama.

15.00 EUR
8.60 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 2.75 EUR (3.2 USD) in Austria and 1.1 EUR (1.28 USD) in Panama. The price of this product is 60% lower in Panama.

2.75 EUR
1.10 EUR

Fuel

EURUSD

Austria vs. Panama - expenses related to fuel. You would pay 2.03 times more for fuel in Austria than in Panama.

Diesel 1L

A liter of diesel costs 1.56 EUR (1.82 USD) in Austria and 0.73 EUR (0.84 USD) in Panama. The price of this product is 53.2% lower in Panama.

1.56 EUR
0.73 EUR

Gasoline 1L

A liter of gasoline costs 1.56 EUR (1.81 USD) in Austria and 0.81 EUR (0.94 USD) in Panama. The price of this product is 48.1% lower in Panama.

1.56 EUR
0.81 EUR

Transportation

EURUSD

Austria vs. Panama - costs of transportation and public communication. You would pay 2.11 times more for transportation in Austria than in Panama.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 51 EUR (59.28 USD) in Austria and 21.51 EUR (25 USD) in Panama. The price of this product is 57.8% lower in Panama.

51.00 EUR
21.51 EUR

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 2.4 EUR (2.79 USD) in Austria and 0.43 EUR (0.5 USD) in Panama. The price of this product is 82.1% lower in Panama.

2.40 EUR
0.43 EUR

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 32.4 EUR (37.66 USD) in Austria and 18.07 EUR (21 USD) in Panama. The price of this product is 44.2% lower in Panama.

32.40 EUR
18.07 EUR

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 2 EUR (2.32 USD) in Austria and 1.72 EUR (2 USD) in Panama. The price of this product is 14% lower in Panama.

2.00 EUR
1.72 EUR

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 4 EUR (4.65 USD) in Austria and 1.72 EUR (2 USD) in Panama. The price of this product is 57% lower in Panama.

4.00 EUR
1.72 EUR

Sports & entertainment

EURUSD

Austria vs. Panama - costs related to entertainment and sports.

Cinema, International Release, 1 Seat

The ticket price for a foreign film in the cinema is 12 EUR (13.95 USD) in Austria and 6.45 EUR (7.5 USD) in Panama. The price of this product is 46.3% lower in Panama.

12.00 EUR
6.45 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 43.55 EUR (50.62 USD) in Austria and 44.68 EUR (51.93 USD) in Panama. The price of this product is 2.5% lower in Austria.

43.55 EUR
44.68 EUR

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 23.08 EUR (26.83 USD) in Austria and 29.03 EUR (33.75 USD) in Panama. The price of this product is 20.5% lower in Austria.

23.08 EUR
29.03 EUR

Flats for rent

EURUSD

Austria vs. Panama - costs of renting an apartment. You would pay about 1.29 times more for renting an apartment in Austria than in Panama.

Apartment (1 bedroom) in City Centre

For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 1080 EUR (1254.84 USD) in Austria and 802.29 EUR (932.58 USD) in Panama. The price of this product is 25.7% lower in Panama.

1 080 EUR
802.29 EUR

Apartment (1 bedroom) Outside of Centre

For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 776.58 EUR (902.69 USD) in Austria and 615.4 EUR (715.33 USD) in Panama. The price of this product is 20.8% lower in Panama.

776.58 EUR
615.40 EUR

Apartment (3 bedrooms) in City Centre

For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 2010 EUR (2336.61 USD) in Austria and 1464 EUR (1702.13 USD) in Panama. The price of this product is 27.2% lower in Panama.

2 010 EUR
1 464 EUR

Apartment (3 bedrooms) Outside of Centre

For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 1378 EUR (1601.77 USD) in Austria and 1188 EUR (1381.03 USD) in Panama. The price of this product is 13.8% lower in Panama.

1 378 EUR
1 188 EUR

Flats for sale

EURUSD

Austria vs. Panama - costs of purchasing an apartment. You would pay 5 times more for buying an apartment in Austria than in Panama.

Price per Square Meter to Buy Apartment in City Centre

For one square meter of an apartment in the city center you will pay 9328 EUR (10842.3 USD) in Austria and 1731 EUR (2012.06 USD) in Panama. The price of this product is 81.4% lower in Panama.

9 328 EUR
1 731 EUR

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 5965 EUR (6933.99 USD) in Austria and 1329 EUR (1545.31 USD) in Panama. The price of this product is 77.7% lower in Panama.

5 965 EUR
1 329 EUR

Salary

EURUSD

Austria vs. Panama - average salary. The average salary in Austria is 4.04 times higher than in Panama.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 2878 EUR (3345.62 USD) in Austria and 712.26 EUR (827.92 USD) in Panama. The average salary is 75.3% lower in Panama.

2 878 EUR
712.26 EUR

Hotels

EURUSD

Austria vs. Panama - prices of accommodation in hostels, guesthouses, and hotels.

One star

-
47.7 EUR

Two stars

150 EUR
102 EUR

Three stars

227 EUR
151 EUR

Four stars

299 EUR
150 EUR

Five stars

656 EUR
255 EUR

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • Austria: 7 cities, 283 hotels • Panama: 6 cities, 124 hotels

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