Ningbo vs Panama City - Cost of Living Comparison

Updated: March 02, 2025

	Ningbo	Panama City
🚶 Cost of living one person	$708	$1479
👨‍👩‍👧‍👦 Cost of living Family	$2004	$3609
🏠 One person rent	$301	$846
🏘️ Family rent	$591	$1592
🍽️ Food expenses	$274	$440
🚐 Transport expenses	$70.5	$83
💳 Monthly salary after tax	$725	$967
😷 Air quality	Moderate	Good
✈️ Airport proximity	6 km	7 km
🎓 Higher education	60	42
😀 Quality of life	53	67
🏙️ Population	9.4M	881K

The cost of living in Ningbo is 52% less expensive than in Panama City. Cities ranked 6849th and 3517th ($708 vs $1479) in the list of the most expensive cities in the world and ranked 51st 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 months in Ningbo compared to 0.7 months in Panama City. Ningbo ranked 48th best city to live in China vs Panama City ranked 1st in Panama, while ranked 6084th and 3734th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Ningbo vs Panama City infographic

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Prices in Ningbo vs Panama City

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

	Ningbo	Panama City
Eating Out
🍱 Lunch Menu	$3.44	$10.4
🥂 Dinner in a Restaurant, for 2	$19.9	$48.5
🥪 Fast food meal, equiv. McDonald's	$4.76	$8.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$1.56	$2.97
☕ Cappuccino	$3.39	$3.99
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$0.42	$1.66
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$342	$891
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$227	$681
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$752	$1749
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$463	$1344
🔌 Utility Bill one person, electricity, heating, water, etc.	$36.7	$78
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$56.7	$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$13.8	$45.4
🏦 Mortgage Interest Rate for 20 Years	4.19%	6.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$5147	$2551
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3264	$1632
Transportation
🚌 Local transport ticket	$0.28	$0.42
🎟️ Monthly ticket local transport	$14.9	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$4.3	$14.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.08	$0.96
Groceries
🥛 Milk, 1 L or 1 qt	$1.96	$1.8
🍞 Bread, 0.5 kg or 1.1 lb	$2.32	$2.19
🍚 Rice, 1 kg or 2.2 lb	$1.05	$2.33
🥚 Eggs, x12	$1.48	$2.77
🧀 Cheese, 1 kg or 2.2 lb	$19.1	$12.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$4.73	$7.09
🥩 Round Steak, 1 kg or 2.2 lb	$12	$9.99
🍏 Apples, 1 kg or 2.2 lb	$1.6	$3.44
🍌 Banana, 1 kg or 2.2 lb	$1.39	$1.58
🍊 Oranges, 1 kg or 2.2 lb	$1.61	$2.89
🍅 Tomato, 1 kg or 2.2 lb	$1.1	$2.94
🥔 Potato, 1 kg or 2.2 lb	$0.71	$2.23
🧅 Onion, 1 kg or 2.2 lb	$0.81	$2.8
🌊 Water, 1 L or 1 qt	$0.4	$1.07
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.07	$2.31
🍾 Wine (mid-priced), 750 mL bottle	$9.23	$10
🍺 Beer, 0.5 L or 16 fl oz	$0.88	$1.29
🚬 Cigarette pack	$4.06	$5.98
💊 Cold medicince, 1 week	$12.9	$11.7
🧴 Hair Shampoo	$3.96	$7.94
🧻 Toilet paper, 4 rolls	$2.43	$3.37
👄 Toothpaste, 1 tube	$2.07	$3.71
Other
🏋️ Gym Membership, 1 month	$23.6	$45.3
🎫 Cinema Ticket, 1 person	$7.1	$7.22
👩‍⚕️ Doctor's visit	$14.1	$54.5
💇 Haircut, simple	$4.6	$12.9
👖 Brand Jeans	$44.8	$56.8
👟 Brand Sneakers	$62.3	$93.2
👶 Daycare or Preschool, 1 month	$595	$477
🏫 International Primary School, 1 year	$12465	$13616

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Ningbo

Distance	City	Cost of living
55 km or 34 mi	Zhoushan	$590
94 km or 58 mi	Shaoxing	$716
120 km or 75 mi	Linhai	$661
124 km or 77 mi	Jiaxing	$573
139 km or 87 mi	Hangzhou	$805
144 km or 89 mi	Shanghai	$1097
150 km or 93 mi	Pudong	$984
156 km or 97 mi	Yiwu	$677
167 km or 104 mi	Wenling	$671
177 km or 110 mi	Kunshan	$700
178 km or 111 mi	Huzhou	$670
180 km or 112 mi	Taicang	$665
182 km or 113 mi	Suzhou	$868
203 km or 126 mi	Jinhua	$587
212 km or 132 mi	Changshu	$645
216 km or 134 mi	Qidong	$701
224 km or 139 mi	Wuxi	$670
224 km or 139 mi	Lishui	$682
226 km or 140 mi	Wenzhou	$726
227 km or 141 mi	Haimen	$631
234 km or 146 mi	Yixing	$695
234 km or 146 mi	Guangde	$650
242 km or 150 mi	Zhangjiagang	$640
243 km or 151 mi	Nantong	$602
249 km or 155 mi	Rui'an	$681
257 km or 160 mi	Jiangyin	$657
260 km or 162 mi	Ningguo	$642
262 km or 163 mi	Liyang	$654
263 km or 163 mi	Changzhou	$702
267 km or 166 mi	Jingjiang	$643
278 km or 173 mi	Quzhou	$616
294 km or 182 mi	Xuancheng	$672
294 km or 183 mi	Taixing	$636
294 km or 183 mi	Rugao	$644
302 km or 187 mi	Danyang	$607
310 km or 193 mi	Yangzhong	$603
313 km or 194 mi	Huangshan	$642
313 km or 195 mi	Hai'an	$643
325 km or 202 mi	Jurong	$621
327 km or 203 mi	Zhenjiang	$522

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