HomePricePeek

Panama City vs Perth

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก 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.

MetricPanama CityPerth
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-Income7.5x7.8x
Mortgage Rate6.5%6.2%
1yr Change+2.5%+6.2%
Median Income$24,000/yr$74,000/yr
Population880,0002,100,000
Panama CityView full details โ†’PerthView full details โ†’
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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.

โœ“ OECD, Numbeo & National Statisticsโœ“ 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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