Panama City vs Shanghai - Cost of Living Comparison

Updated:

Livingcost

Panama City Shanghai
🚶 Cost of living one person
$1590
$1147
👨‍👩‍👧‍👦 Cost of living Family
$3556
$3146
🏠 One person rent
$946
$636
🏘️ Family rent
$1545
$1119
🍽️ Food expenses
$439
$279
🚐 Transport expenses
$100
$105
💳 Monthly salary after tax
$973
$1068
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
7 km
13 km
🎓 Higher education
42
99
😀 Quality of life
71
76
🏙️ Population
1.54M
24.9M

The cost of living in Panama City is 39% more expensive than in Shanghai. Cities ranked 3634th and 4880th ($1590 vs $1147) in the list of the most expensive cities in the world and ranked 1st and 5th in Panama and China, respectively. Check Panama vs China comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Panama City compared to 0.9 months in Shanghai. Panama City ranked 1st best city to live in Panama vs Shanghai ranked 5th in China, while ranked 3213th and 1178th among best cities to live in the world.

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Prices in Panama City vs Shanghai

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

Panama City Shanghai
Eating Out
🍱 Lunch Menu
$9.69
$4.42
🥂 Dinner in a Restaurant, for 2
$45.4
$30.3
🥪 Fast food meal, equiv. McDonald's
$8.03
$5.19
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$1.44
☕ Cappuccino
$4.3
$3.21
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.82
$0.57
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1068
$849
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$747
$520
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1913
$1495
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1223
$937
🔌 Utility Bill one person, electricity, heating, water, etc.
$90.4
$38.3
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$140
$59.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.6
$11.2
🏦 Mortgage Interest Rate for 20 Years
6.27%
3.19%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3111
$14068
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1732
$6729
Transportation
🚌 Local transport ticket
$0.35
$0.54
🎟️ Monthly ticket local transport
$22.5
$29.4
🚕 Taxi Ride, 8 km or 5 mi
$14.7
$5.76
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.98
$1.23
Groceries
🥛 Milk, 1 L or 1 qt
$1.83
$2.14
🍞 Bread, 0.5 kg or 1.1 lb
$2.17
$1.81
🍚 Rice, 1 kg or 2.2 lb
$2.34
$1.1
🥚 Eggs, x12
$3.11
$1.87
🧀 Cheese, 1 kg or 2.2 lb
$12.1
$16.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.11
$3.33
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$13
🍏 Apples, 1 kg or 2.2 lb
$3.56
$2.43
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.87
🍊 Oranges, 1 kg or 2.2 lb
$3.7
$1.84
🍅 Tomato, 1 kg or 2.2 lb
$3.36
$1.75
🥔 Potato, 1 kg or 2.2 lb
$2.62
$0.83
🧅 Onion, 1 kg or 2.2 lb
$3.19
$0.94
🌊 Water, 1 L or 1 qt
$1.24
$0.45
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$1.31
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$11.8
🍺 Beer, 0.5 L or 16 fl oz
$1.35
$0.9
🚬 Cigarette pack
$5.95
$2.95
💊 Cold medicince, 1 week
$8.08
$6.37
🧴 Hair Shampoo
$7.95
$7.05
🧻 Toilet paper, 4 rolls
$2.92
$2.11
👄 Toothpaste, 1 tube
$3.05
$2.24
Other
🏋️ Gym Membership, 1 month
$41.9
$70.6
🎫 Cinema Ticket, 1 person
$7.52
$8.79
👩‍⚕️ Doctor's visit
$42.9
$98.8
💇 Haircut, simple
$14.5
$12
👖 Brand Jeans
$58.4
$46.1
👟 Brand Sneakers
$90.7
$71.7
👶 Daycare or Preschool, 1 month
$505
$1268
🏫 International Primary School, 1 year
$11486
$27610

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1396
16 km or 9.9 mi Tocumen
$1373
26 km or 16 mi Pacora
$1361
34 km or 21 mi La Chorrera
$982
59 km or 37 mi Colon
$1185
108 km or 67 mi Penonome
$1147
154 km or 96 mi Chitre
$1144
190 km or 118 mi Santiago de Veraguas
$1112
321 km or 199 mi Turbo
$797
329 km or 204 mi David
$909
398 km or 247 mi Monteria
$733
403 km or 250 mi Limon
$1228
406 km or 252 mi Santa Cruz de Lorica
$789
452 km or 281 mi Sincelejo
$586
463 km or 288 mi Cartagena
$1186
483 km or 300 mi Quibdo
$802
494 km or 307 mi Cartago
$1361
513 km or 319 mi San Jose
$1574
518 km or 322 mi Heredia
$1471
521 km or 324 mi Magangue
$727
526 km or 327 mi Bello
$1012
529 km or 329 mi Alajuela
$1362
530 km or 329 mi Medellin
$1162
534 km or 332 mi Envigado
$1041
558 km or 347 mi Soledad
$967
559 km or 348 mi Barranquilla
$931
595 km or 370 mi Puntarenas
$872
617 km or 383 mi Cartago
$769
617 km or 383 mi Cienaga
$882
623 km or 387 mi Manizales
$737
627 km or 390 mi Santa Teresa
$1325
627 km or 390 mi Pereira
$862
631 km or 392 mi Santa Marta
$973
632 km or 393 mi Buenaventura
$856
636 km or 395 mi Minca
$891
651 km or 404 mi Salento
$749
652 km or 405 mi Armenia
$749
657 km or 408 mi Tulua
$563
658 km or 409 mi Barrancabermeja
$1001
675 km or 419 mi Liberia
$1024

Cities near Shanghai

Distance City Cost of living
9.4 km or 5.8 mi Pudong
$1030
47 km or 29 mi Taicang
$708
53 km or 33 mi Kunshan
$726
74 km or 46 mi Qidong
$725
82 km or 51 mi Suzhou
$798
82 km or 51 mi Jiaxing
$596
85 km or 53 mi Haimen
$643
88 km or 55 mi Changshu
$678
106 km or 66 mi Nantong
$581
117 km or 73 mi Zhangjiagang
$652
121 km or 75 mi Wuxi
$686
135 km or 84 mi Huzhou
$680
141 km or 87 mi Jiangyin
$658
142 km or 88 mi Zhoushan
$571
144 km or 89 mi Ningbo
$660
148 km or 92 mi Jingjiang
$645
155 km or 96 mi Shaoxing
$670
158 km or 98 mi Yixing
$663
159 km or 99 mi Changzhou
$636
160 km or 100 mi Rugao
$659
161 km or 100 mi Hangzhou
$899
177 km or 110 mi Taixing
$651
179 km or 111 mi Hai'an
$664
191 km or 119 mi Liyang
$657
197 km or 122 mi Yangzhong
$627
198 km or 123 mi Guangde
$667
201 km or 125 mi Danyang
$623
208 km or 129 mi Taizhou
$693
217 km or 135 mi Dongtai
$691
223 km or 139 mi Zhenjiang
$538
235 km or 146 mi Yangzhou
$623
236 km or 146 mi Jurong
$644
244 km or 152 mi Ningguo
$661
246 km or 153 mi Yiwu
$696
250 km or 155 mi Xinghua
$693
250 km or 156 mi Yizheng
$620
259 km or 161 mi Linhai
$677
260 km or 161 mi Xuancheng
$684
262 km or 163 mi Gaoyou
$644
274 km or 170 mi Nanjing
$789