Ningbo vs Panama City - Cost of Living Comparison

Updated: October 10, 2024

	Ningbo	Panama City
🚶 Cost of living one person	$733	$1384
👨‍👩‍👧‍👦 Cost of living Family	$2067	$3435
🏠 One person rent	$311	$751
🏘️ Family rent	$607	$1474
🍽️ Food expenses	$281	$444
🚐 Transport expenses	$74	$84.4
💳 Monthly salary after tax	$758	$914
😷 Air quality	Moderate	Good
✈️ Airport proximity	6 km	7 km
🎓 Higher education	61	42
😀 Quality of life	53	66
🏙️ Population	9.4M	881K

The cost of living in Ningbo is 47% less expensive than in Panama City. Cities ranked 6747th and 4139th ($733 vs $1384) in the list of the most expensive cities in the world and ranked 63rd 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 45th best city to live in China vs Panama City ranked 1st in Panama, while ranked 6048th and 3919th 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	$3.98	$12.3
🥂 Dinner in a Restaurant, for 2	$20.4	$55.2
🥪 Fast food meal, equiv. McDonald's	$4.56	$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$1.44	$2.94
☕ Cappuccino	$3.38	$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$0.43	$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$359	$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$233	$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$783	$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$472	$1198
🔌 Utility Bill one person, electricity, heating, water, etc.	$37.8	$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$58.3	$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$14.5	$47.4
🏦 Mortgage Interest Rate for 20 Years	4.73%	6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$5300	$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3372	$1535
Transportation
🚌 Local transport ticket	$0.28	$0.35
🎟️ Monthly ticket local transport	$16.2	$26.2
🚕 Taxi Ride, 8 km or 5 mi	$4.42	$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.13	$1.02
Groceries
🥛 Milk, 1 L or 1 qt	$2.03	$1.78
🍞 Bread, 0.5 kg or 1.1 lb	$2.41	$2.12
🍚 Rice, 1 kg or 2.2 lb	$1.11	$2.08
🥚 Eggs, x12	$1.54	$2.67
🧀 Cheese, 1 kg or 2.2 lb	$19.9	$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$4.88	$7.23
🥩 Round Steak, 1 kg or 2.2 lb	$12.5	$10.4
🍏 Apples, 1 kg or 2.2 lb	$1.63	$3.11
🍌 Banana, 1 kg or 2.2 lb	$1.46	$1.54
🍊 Oranges, 1 kg or 2.2 lb	$1.66	$3.09
🍅 Tomato, 1 kg or 2.2 lb	$1.13	$2.94
🥔 Potato, 1 kg or 2.2 lb	$0.74	$2.19
🧅 Onion, 1 kg or 2.2 lb	$0.84	$2.5
🌊 Water, 1 L or 1 qt	$0.41	$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.13	$2.51
🍾 Wine (mid-priced), 750 mL bottle	$9.42	$9.03
🍺 Beer, 0.5 L or 16 fl oz	$0.9	$1.14
🚬 Cigarette pack	$4.37	$5.89
💊 Cold medicince, 1 week	$12.8	$10.5
🧴 Hair Shampoo	$4.13	$6.97
🧻 Toilet paper, 4 rolls	$2.5	$3.12
👄 Toothpaste, 1 tube	$2.16	$3.06
Other
🏋️ Gym Membership, 1 month	$24.6	$43.8
🎫 Cinema Ticket, 1 person	$8.22	$6.71
👩‍⚕️ Doctor's visit	$14	$49.1
💇 Haircut, simple	$4.75	$13.7
👖 Brand Jeans	$46.3	$54.3
👟 Brand Sneakers	$64.1	$90.2
👶 Daycare or Preschool, 1 month	$616	$437
🏫 International Primary School, 1 year	$12898	$9531

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	$612
94 km or 58 mi	Shaoxing	$742
120 km or 75 mi	Linhai	$702
124 km or 77 mi	Jiaxing	$585
139 km or 87 mi	Hangzhou	$843
144 km or 89 mi	Shanghai	$1136
150 km or 93 mi	Pudong	$1028
156 km or 97 mi	Yiwu	$708
167 km or 104 mi	Wenling	$712
177 km or 110 mi	Kunshan	$749
178 km or 111 mi	Huzhou	$706
180 km or 112 mi	Taicang	$706
182 km or 113 mi	Suzhou	$1020
203 km or 126 mi	Jinhua	$731
212 km or 132 mi	Changshu	$718
216 km or 134 mi	Qidong	$738
224 km or 139 mi	Wuxi	$686
224 km or 139 mi	Lishui	$719
226 km or 140 mi	Wenzhou	$776
227 km or 141 mi	Haimen	$661
234 km or 146 mi	Yixing	$702
234 km or 146 mi	Guangde	$698
242 km or 150 mi	Zhangjiagang	$676
243 km or 151 mi	Nantong	$620
249 km or 155 mi	Rui'an	$719
257 km or 160 mi	Jiangyin	$685
260 km or 162 mi	Ningguo	$703
262 km or 163 mi	Liyang	$690
263 km or 163 mi	Changzhou	$729
267 km or 166 mi	Jingjiang	$674
278 km or 173 mi	Quzhou	$633
294 km or 182 mi	Xuancheng	$771
294 km or 183 mi	Taixing	$665
294 km or 183 mi	Rugao	$674
302 km or 187 mi	Danyang	$630
310 km or 193 mi	Yangzhong	$629
313 km or 194 mi	Huangshan	$694
313 km or 195 mi	Hai'an	$676
325 km or 202 mi	Jurong	$651
327 km or 203 mi	Zhenjiang	$538

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