Panama City vs Perth
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Panama City vs Perth
Panama City is 69% more affordable for homebuyers. Panama City has a price-to-income ratio of 7.5x compared to 7.8x in Perth.
| Metric | Panama City | Perth |
|---|---|---|
| Avg Home Price | $180,000 | $580,000 |
| Price / sqm | $2,500 | $6,500 |
| Rent (1BR) | $800/mo | $1,800/mo |
| Rent (3BR) | $1,400/mo | $2,800/mo |
| Price-to-Income | 7.5x | 7.8x |
| Mortgage Rate | 6.5% | 6.2% |
| 1yr Change | +2.5% | +6.2% |
| Median Income | $24,000/yr | $74,000/yr |
| Population | 880,000 | 2,100,000 |
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Panama City or Perth more expensive?
Panama City is more affordable. Home prices differ by $400,000 (69%).
Which city has cheaper rent, Panama City or Perth?
Rent for a 1BR in Panama City is $800/mo vs $1,800/mo in Perth.
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