Hong Kong vs Panama City - Cost of Living Comparison

Updated: October 10, 2024

	Hong Kong	Panama City
🚶 Cost of living one person	$2753	$1384
👨‍👩‍👧‍👦 Cost of living Family	$6771	$3435
🏠 One person rent	$1851	$751
🏘️ Family rent	$3862	$1474
🍽️ Food expenses	$522	$444
🚐 Transport expenses	$223	$84.4
💳 Monthly salary after tax	$4007	$914
😷 Air quality	Moderate	Good
✈️ Airport proximity	19 km	7 km
🎓 Higher education	100	42
😀 Quality of life	88	66
🏙️ Population	7.41M	881K

The cost of living in Hong Kong is 99% more expensive than in Panama City. Cities ranked 379th and 4139th ($2753 vs $1384) in the list of the most expensive cities in the world and ranked 1st and 1st in China and Panama, respectively. Check China vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 1.5 months in Hong Kong compared to 0.7 months in Panama City. Hong Kong ranked 1st best city to live in China vs Panama City ranked 1st in Panama, while ranked 205th and 3919th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Hong Kong vs Panama City infographic

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Prices in Hong Kong vs Panama City

Prices for goods and services in Hong Kong and Panama City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Hong Kong	Panama City
Eating Out
🍱 Lunch Menu	$8.31	$12.3
🥂 Dinner in a Restaurant, for 2	$63	$55.2
🥪 Fast food meal, equiv. McDonald's	$6.09	$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.51	$2.94
☕ Cappuccino	$5.37	$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.44	$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2262	$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1530	$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$4948	$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$3273	$1198
🔌 Utility Bill one person, electricity, heating, water, etc.	$152	$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$231	$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$23.4	$47.4
🏦 Mortgage Interest Rate for 20 Years	4.04%	6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$29105	$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$18561	$1535
Transportation
🚌 Local transport ticket	$1.55	$0.35
🎟️ Monthly ticket local transport	$63	$26.2
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.81	$1.02
Groceries
🥛 Milk, 1 L or 1 qt	$3.38	$1.78
🍞 Bread, 0.5 kg or 1.1 lb	$2.52	$2.12
🍚 Rice, 1 kg or 2.2 lb	$2.44	$2.08
🥚 Eggs, x12	$4	$2.67
🧀 Cheese, 1 kg or 2.2 lb	$25.8	$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.4	$7.23
🥩 Round Steak, 1 kg or 2.2 lb	$24.2	$10.4
🍏 Apples, 1 kg or 2.2 lb	$3.92	$3.11
🍌 Banana, 1 kg or 2.2 lb	$2.8	$1.54
🍊 Oranges, 1 kg or 2.2 lb	$3.81	$3.09
🍅 Tomato, 1 kg or 2.2 lb	$3.45	$2.94
🥔 Potato, 1 kg or 2.2 lb	$3.2	$2.19
🧅 Onion, 1 kg or 2.2 lb	$2.79	$2.5
🌊 Water, 1 L or 1 qt	$1.08	$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.24	$2.51
🍾 Wine (mid-priced), 750 mL bottle	$17.3	$9.03
🍺 Beer, 0.5 L or 16 fl oz	$2.05	$1.14
🚬 Cigarette pack	$12.3	$5.89
💊 Cold medicince, 1 week	$6.98	$10.5
🧴 Hair Shampoo	$5.93	$6.97
🧻 Toilet paper, 4 rolls	$1.87	$3.12
👄 Toothpaste, 1 tube	$2.69	$3.06
Other
🏋️ Gym Membership, 1 month	$95	$43.8
🎫 Cinema Ticket, 1 person	$12.6	$6.71
👩‍⚕️ Doctor's visit	$60.4	$49.1
💇 Haircut, simple	$28	$13.7
👖 Brand Jeans	$85.4	$54.3
👟 Brand Sneakers	$95.8	$90.2
👶 Daycare or Preschool, 1 month	$1053	$437
🏫 International Primary School, 1 year	$22381	$9531

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Hong Kong

Distance	City	Cost of living
5 km or 3.1 mi	Kowloon	$2427
30 km or 19 mi	Shenzhen	$958
61 km or 38 mi	Zhuhai	$641
64 km or 40 mi	Macau	$1590
88 km or 55 mi	Zhongshan	$491
95 km or 59 mi	Dongguan	$678
96 km or 60 mi	Huizhou	$629
116 km or 72 mi	Jiangmen	$830
132 km or 82 mi	Guangzhou	$763
132 km or 82 mi	Shanwei	$1014
137 km or 85 mi	Foshan	$602
152 km or 94 mi	Kaiping	$824
173 km or 107 mi	Heyuan	$801
193 km or 120 mi	Qingyuan	$808
195 km or 121 mi	Zhaoqing	$806
229 km or 143 mi	Yunfu	$839
231 km or 144 mi	Yangjiang	$895
236 km or 147 mi	Puning	$726
267 km or 166 mi	Jieyang	$691
286 km or 178 mi	Shaoguan	$852
287 km or 178 mi	Shantou	$605
297 km or 184 mi	Chaozhou	$592
301 km or 187 mi	Meizhou	$795
320 km or 199 mi	Wuzhou	$819
333 km or 207 mi	Lianzhou	$783
341 km or 212 mi	Maoming	$774
343 km or 213 mi	Gaozhou	$774
357 km or 222 mi	Hezhou	$780
403 km or 250 mi	Ganzhou	$813
406 km or 252 mi	Zhanjiang	$781
408 km or 254 mi	Chenzhou	$746
414 km or 257 mi	Yulin	$794
427 km or 266 mi	Longyan	$713
435 km or 270 mi	Zhangzhou	$731
469 km or 292 mi	Xiamen	$807
471 km or 292 mi	Haikou	$671
475 km or 295 mi	Guigang	$725
489 km or 304 mi	Kinmen	$821
516 km or 320 mi	Guilin	$538
529 km or 329 mi	Laibin	$623

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1249
16 km or 9.9 mi	Tocumen	$1231
26 km or 16 mi	Pacora	$1249
34 km or 21 mi	La Chorrera	$953
59 km or 37 mi	Colon	$1182
108 km or 67 mi	Penonome	$1098
154 km or 96 mi	Chitre	$1091
190 km or 118 mi	Santiago de Veraguas	$1056
321 km or 199 mi	Turbo	$634
329 km or 204 mi	David	$833
398 km or 247 mi	Monteria	$620
403 km or 250 mi	Limon	$1201
406 km or 252 mi	Santa Cruz de Lorica	$638
452 km or 281 mi	Sincelejo	$506
463 km or 288 mi	Cartagena	$748
483 km or 300 mi	Quibdo	$661
494 km or 307 mi	Cartago	$961
513 km or 319 mi	San Jose	$1239
518 km or 322 mi	Heredia	$1246
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$789
529 km or 329 mi	Alajuela	$1233
530 km or 329 mi	Medellin	$873
534 km or 332 mi	Envigado	$871
558 km or 347 mi	Soledad	$840
559 km or 348 mi	Barranquilla	$789
595 km or 370 mi	Puntarenas	$1277
617 km or 383 mi	Cartago	$619
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1310
627 km or 390 mi	Pereira	$641
631 km or 392 mi	Santa Marta	$979
632 km or 393 mi	Buenaventura	$718
636 km or 395 mi	Minca	$863
651 km or 404 mi	Salento	$562
652 km or 405 mi	Armenia	$541
657 km or 408 mi	Tulua	$477
658 km or 409 mi	Barrancabermeja	$573
675 km or 419 mi	Liberia	$898