Austin vs Panama City: cost of living for digital nomads

Austin, United States and Panama City, Panama, line by line from the catalogue: what a month costs, rent, food, coworking, safety and internet. Every figure links back to its source on the city page.

The short version

  • Panama City is about 39% cheaper than Austin for a month of nomad living ($1,800 vs $2,950).
  • Rent is the biggest gap: $850 in Panama City against $1,500 in Austin.
  • Both score 7/10 on safety.
  • Internet is faster in Austin: 250 Mbps typical against 100 Mbps.
  • Austin is temperate; Panama City is tropical.

Austin wins 1 of the measured lines; Panama City wins 6.

Frequently asked questions

Which city is cheaper, Austin or Panama City?

Panama City is cheaper: about $1,800/month against $2,950/month in Austin, roughly 39% less for a typical remote worker's budget.

Which city is safer, Austin or Panama City?

Austin and Panama City score the same on safety, 7/10 each.

Which has faster internet, Austin or Panama City?

Austin has faster typical internet: 250 Mbps against 100 Mbps in Panama City.

LineAustinPanama City
Monthly total (USD)$2,950$1,800
Rent$1,500$850
Food$620$460
Transport$90$50
Coworking$200$140
Safety (out of 10)7/107/10
Internet (Mbps)250100
Climatetemperatetropical
City sizemetrometro
Settinginlandcoast
Nomad score (out of 10)7/108/10

Panama City

Panama City, Panama.

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Costs are typical monthly figures for one person in USD, from the sources named on each city page; safety and internet are the catalogue's own ratings. Cost figures verified (Eastern Time): Austin September 11, 2026, Panama City November 1, 2026.