Hong Kong vs Panama City - Cost of Living Comparison

Updated: March 02, 2025

	Hong Kong	Panama City
🚶 Cost of living one person	$2737	$1479
👨‍👩‍👧‍👦 Cost of living Family	$6793	$3609
🏠 One person rent	$1830	$846
🏘️ Family rent	$3856	$1592
🍽️ Food expenses	$524	$440
🚐 Transport expenses	$232	$83
💳 Monthly salary after tax	$3804	$967
😷 Air quality	Moderate	Good
✈️ Airport proximity	19 km	7 km
🎓 Higher education	100	42
😀 Quality of life	88	67
🏙️ Population	7.41M	881K

The cost of living in Hong Kong is 85% more expensive than in Panama City. Cities ranked 427th and 3517th ($2737 vs $1479) 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 1.4 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 248th and 3734th 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	$8.82	$10.4
🥂 Dinner in a Restaurant, for 2	$57.1	$48.5
🥪 Fast food meal, equiv. McDonald's	$6.24	$8.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.49	$2.97
☕ Cappuccino	$5.3	$3.99
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.37	$1.66
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2169	$891
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1533	$681
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$4708	$1749
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$3331	$1344
🔌 Utility Bill one person, electricity, heating, water, etc.	$144	$78
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$225	$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$25.1	$45.4
🏦 Mortgage Interest Rate for 20 Years	4.02%	6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$26276	$2551
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$16290	$1632
Transportation
🚌 Local transport ticket	$1.55	$0.42
🎟️ Monthly ticket local transport	$69.3	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$14.4	$14.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.78	$0.96
Groceries
🥛 Milk, 1 L or 1 qt	$3.26	$1.8
🍞 Bread, 0.5 kg or 1.1 lb	$2.28	$2.19
🍚 Rice, 1 kg or 2.2 lb	$2.14	$2.33
🥚 Eggs, x12	$3.62	$2.77
🧀 Cheese, 1 kg or 2.2 lb	$24.8	$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.8	$7.09
🥩 Round Steak, 1 kg or 2.2 lb	$22.3	$9.99
🍏 Apples, 1 kg or 2.2 lb	$3.97	$3.44
🍌 Banana, 1 kg or 2.2 lb	$2.69	$1.58
🍊 Oranges, 1 kg or 2.2 lb	$3.95	$2.89
🍅 Tomato, 1 kg or 2.2 lb	$3.27	$2.94
🥔 Potato, 1 kg or 2.2 lb	$2.94	$2.23
🧅 Onion, 1 kg or 2.2 lb	$2.4	$2.8
🌊 Water, 1 L or 1 qt	$1.11	$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.24	$2.31
🍾 Wine (mid-priced), 750 mL bottle	$18.2	$10
🍺 Beer, 0.5 L or 16 fl oz	$2.06	$1.29
🚬 Cigarette pack	$13.1	$5.98
💊 Cold medicince, 1 week	$10.4	$11.7
🧴 Hair Shampoo	$6.94	$7.94
🧻 Toilet paper, 4 rolls	$1.97	$3.37
👄 Toothpaste, 1 tube	$2.73	$3.71
Other
🏋️ Gym Membership, 1 month	$84.1	$45.3
🎫 Cinema Ticket, 1 person	$13	$7.22
👩‍⚕️ Doctor's visit	$65.2	$54.5
💇 Haircut, simple	$23.9	$12.9
👖 Brand Jeans	$83.1	$56.8
👟 Brand Sneakers	$90.1	$93.2
👶 Daycare or Preschool, 1 month	$1052	$477
🏫 International Primary School, 1 year	$22706	$13616

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cost of Living in the nearest cities

Cities near Hong Kong

Distance	City	Cost of living
5 km or 3.1 mi	Kowloon	$2432
30 km or 19 mi	Shenzhen	$916
61 km or 38 mi	Zhuhai	$653
64 km or 40 mi	Macau	$1588
88 km or 55 mi	Zhongshan	$461
95 km or 59 mi	Dongguan	$656
96 km or 60 mi	Huizhou	$601
116 km or 72 mi	Jiangmen	$804
132 km or 82 mi	Guangzhou	$774
132 km or 82 mi	Shanwei	$936
137 km or 85 mi	Foshan	$611
152 km or 94 mi	Kaiping	$812
173 km or 107 mi	Heyuan	$764
193 km or 120 mi	Qingyuan	$794
195 km or 121 mi	Zhaoqing	$793
229 km or 143 mi	Yunfu	$823
231 km or 144 mi	Yangjiang	$877
236 km or 147 mi	Puning	$569
267 km or 166 mi	Jieyang	$443
286 km or 178 mi	Shaoguan	$818
287 km or 178 mi	Shantou	$581
297 km or 184 mi	Chaozhou	$451
301 km or 187 mi	Meizhou	$655
320 km or 199 mi	Wuzhou	$803
333 km or 207 mi	Lianzhou	$755
341 km or 212 mi	Maoming	$756
343 km or 213 mi	Gaozhou	$761
357 km or 222 mi	Hezhou	$758
403 km or 250 mi	Ganzhou	$761
406 km or 252 mi	Zhanjiang	$764
408 km or 254 mi	Chenzhou	$724
414 km or 257 mi	Yulin	$771
427 km or 266 mi	Longyan	$649
435 km or 270 mi	Zhangzhou	$664
469 km or 292 mi	Xiamen	$688
471 km or 292 mi	Haikou	$650
475 km or 295 mi	Guigang	$702
489 km or 304 mi	Kinmen	$823
516 km or 320 mi	Guilin	$522
529 km or 329 mi	Laibin	$598

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1328
16 km or 9.9 mi	Tocumen	$1310
26 km or 16 mi	Pacora	$1304
34 km or 21 mi	La Chorrera	$957
59 km or 37 mi	Colon	$1172
108 km or 67 mi	Penonome	$1116
154 km or 96 mi	Chitre	$1117
190 km or 118 mi	Santiago de Veraguas	$1089
321 km or 199 mi	Turbo	$664
329 km or 204 mi	David	$890
398 km or 247 mi	Monteria	$645
403 km or 250 mi	Limon	$1225
406 km or 252 mi	Santa Cruz de Lorica	$669
452 km or 281 mi	Sincelejo	$524
463 km or 288 mi	Cartagena	$760
483 km or 300 mi	Quibdo	$705
494 km or 307 mi	Cartago	$1024
513 km or 319 mi	San Jose	$1324
518 km or 322 mi	Heredia	$1296
521 km or 324 mi	Magangue	$604
526 km or 327 mi	Bello	$839
529 km or 329 mi	Alajuela	$1269
530 km or 329 mi	Medellin	$906
534 km or 332 mi	Envigado	$897
558 km or 347 mi	Soledad	$741
559 km or 348 mi	Barranquilla	$773
595 km or 370 mi	Puntarenas	$801
617 km or 383 mi	Cartago	$649
617 km or 383 mi	Cienaga	$742
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1213
627 km or 390 mi	Pereira	$680
631 km or 392 mi	Santa Marta	$837
632 km or 393 mi	Buenaventura	$742
636 km or 395 mi	Minca	$759
651 km or 404 mi	Salento	$605
652 km or 405 mi	Armenia	$598
657 km or 408 mi	Tulua	$513
658 km or 409 mi	Barrancabermeja	$1031
675 km or 419 mi	Liberia	$932