China vs Panama - Cost of Living Comparison

Updated:

Livingcost

China Panama
🚶 Cost of living one person
$650
$1324
👨‍👩‍👧‍👦 Cost of living Family
$1771
$3050
🏠 One person rent
$270
$742
🏘️ Family rent
$453
$1185
🍽️ Food expenses
$231
$427
🚐 Transport expenses
$70.4
$59.6
💳 Monthly salary after tax
$819
$850
💸 GDP per capita
$13303
$19161
😃 Human freedom index
4.93
7.92
❤️ Life expectancy
78
79.6
👮 Corruption perceptions index
43
33
🌐 English speaking %
0.7%
14%
🎓 Higher education
88
44
😀 Quality of life
52
60
🏙️ Population
1.41B
4.52M

The average cost of living in China ($650) is 51% less expensive than in Panama ($1324). China ranked 162nd vs 53rd for Panama in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.3 months in China compared to 0.6 months in Panama. Ranked 85th and 70th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in China vs Panama

We calculate prices for China and Panama as a population-weighted mean of 544 and 10 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

China Panama
Eating Out
🍱 Lunch Menu
$3.14
$9.11
🥂 Dinner in a Restaurant, for 2
$21.9
$43.4
🥪 Fast food meal, equiv. McDonald's
$4.95
$7.14
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.31
$2.84
 Cappuccino
$2.85
$3.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.5
$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$309
$787
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$204
$563
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$662
$1416
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$412
$956
🔌 Utility Bill one person, electricity, heating, water, etc.
$34.3
$88.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$52.7
$136
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$11.2
$46.3
🏦 Mortgage Interest Rate for 20 Years
3.61%
6.36%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4120
$2983
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2333
$1713
Transportation
🚌 Local transport ticket
$0.36
$0.43
🎟️ Monthly ticket local transport
$20.3
$29.7
🚕 Taxi Ride, 8 km or 5 mi
$4.13
$18.7
 Gas / Petrol, 1 L or 0.26 gal
$1.13
$1
Groceries
🥛 Milk, 1 L or 1 qt
$1.8
$1.82
🍞 Bread, 0.5 kg or 1.1 lb
$1.63
$2.35
🍚 Rice, 1 kg or 2.2 lb
$1.01
$2.53
🥚 Eggs, x12
$1.57
$3.07
🧀 Cheese, 1 kg or 2.2 lb
$12.6
$10.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.42
$6.37
🥩 Round Steak, 1 kg or 2.2 lb
$10.7
$9.68
🍏 Apples, 1 kg or 2.2 lb
$1.79
$3.5
🍌 Banana, 1 kg or 2.2 lb
$1.22
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$1.44
$3.29
🍅 Tomato, 1 kg or 2.2 lb
$1.24
$2.97
🥔 Potato, 1 kg or 2.2 lb
$0.75
$2.47
🧅 Onion, 1 kg or 2.2 lb
$0.91
$3.68
🌊 Water, 1 L or 1 qt
$0.39
$1.15
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.23
$2.37
🍾 Wine (mid-priced), 750 mL bottle
$11.5
$10.3
🍺 Beer, 0.5 L or 16 fl oz
$0.84
$1.37
🚬 Cigarette pack
$3.34
$6.01
💊 Cold medicince, 1 week
$5.1
$11.4
🧴 Hair Shampoo
$4.73
$6.18
🧻 Toilet paper, 4 rolls
$1.5
$2.7
👄 Toothpaste, 1 tube
$1.7
$2.45
Other
🏋️ Gym Membership, 1 month
$40.3
$35.9
🎫 Cinema Ticket, 1 person
$6.11
$7.16
👩‍⚕️ Doctor's visit
$33.7
$42.4
💇 Haircut, simple
$5.66
$11.2
👖 Brand Jeans
$46.5
$50.2
👟 Brand Sneakers
$72.6
$85.8
👶 Daycare or Preschool, 1 month
$442
$501
🏫 International Primary School, 1 year
$17761
$12647

Cost of living in other countries

Cost of living

Cities Comparison in China vs Panama

More countries to compare

Cost of Living in Popular cities

In China

City Cost of living Population
Chongqing
$601
32.1M
Chengdu
$666
20.9M
Shanghai
$1126
24.9M
Shenzhen
$939
17.5M
Beijing
$1044
21.9M
Guangzhou
$782
18.7M
Tianjin
$663
13.9M
Wuhan
$653
12.3M
Suzhou
$782
12.7M
Xi'an
$585
13M
Baoding
$468
11.5M
Hangzhou
$860
11.9M
Qingdao
$649
10.1M
Changsha
$617
10M
Hong Kong
$2674
7.41M
Harbin
$680
10M
Linyi
$530
11M
Hefei
$654
9.37M
Nanjing
$765
9.31M
Jinan
$547
9.2M
Ningbo
$671
9.4M
Zhengzhou
$511
12.6M
Xuzhou
$514
9.08M
Dongguan
$666
10.5M
Nantong
$557
7.73M
Changchun
$588
9.07M
Wenzhou
$763
9.57M
Yantai
$705
7.1M
Shenyang
$575
9.07M
Shijiazhuang
$493
10.6M

In Panama

City Cost of living Population
Panama City
$1583
410K
Colon
$1179
242K
Tocumen
$1403
103K
Santiago de Veraguas
$1122
110K
La Chorrera
$977
68.9K
David
$922
82.9K
Pacora
$1395
52.5K
Penonome
$1153
21.7K
Balboa
$1425
10K
Chitre
$1154
9.02K