Panama City vs Shanghai - Cost of Living Comparison

Updated:

Livingcost

Panama City Shanghai
🚶 Cost of living one person
$1583
$1126
👨‍👩‍👧‍👦 Cost of living Family
$3567
$3097
🏠 One person rent
$976
$600
🏘️ Family rent
$1633
$1068
🍽️ Food expenses
$432
$293
🚐 Transport expenses
$69.1
$108
💳 Monthly salary after tax
$936
$879
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
7 km
13 km
🎓 Higher education
42
99
😀 Quality of life
69
75
🏙️ Population
410K
24.9M

The cost of living in Panama City is 41% more expensive than in Shanghai. Cities ranked 3744th and 4971st ($1583 vs $1126) 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 0.8 months in Shanghai. Panama City ranked 1st best city to live in Panama vs Shanghai ranked 4th in China, while ranked 4400th and 1655th among best cities to live in the world.

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the estimated difference in money purchasing power

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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
$10.6
$5.01
🥂 Dinner in a Restaurant, for 2
$45.3
$36.1
🥪 Fast food meal, equiv. McDonald's
$7.39
$5.51
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.97
$1.69
☕ Cappuccino
$3.94
$3.77
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.71
$0.54
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1062
$803
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$794
$486
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1911
$1462
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1347
$880
🔌 Utility Bill one person, electricity, heating, water, etc.
$82.5
$37.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$128
$58.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.4
$13
🏦 Mortgage Interest Rate for 20 Years
6.26%
3.34%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3048
$14215
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1725
$7113
Transportation
🚌 Local transport ticket
$0.35
$0.47
🎟️ Monthly ticket local transport
$22.2
$30.1
🚕 Taxi Ride, 8 km or 5 mi
$17.4
$6.45
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.93
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$1.84
$1.94
🍞 Bread, 0.5 kg or 1.1 lb
$2.23
$1.8
🍚 Rice, 1 kg or 2.2 lb
$2.33
$1.3
🥚 Eggs, x12
$3.26
$1.79
🧀 Cheese, 1 kg or 2.2 lb
$11.2
$16.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.57
$3.91
🥩 Round Steak, 1 kg or 2.2 lb
$9.64
$11.6
🍏 Apples, 1 kg or 2.2 lb
$3.53
$2.35
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.74
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$1.78
🍅 Tomato, 1 kg or 2.2 lb
$3.03
$1.76
🥔 Potato, 1 kg or 2.2 lb
$2.46
$0.89
🧅 Onion, 1 kg or 2.2 lb
$3.74
$1.04
🌊 Water, 1 L or 1 qt
$1.16
$0.45
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.41
$1.27
🍾 Wine (mid-priced), 750 mL bottle
$11.6
$12.5
🍺 Beer, 0.5 L or 16 fl oz
$1.44
$0.92
🚬 Cigarette pack
$6.04
$3.46
💊 Cold medicince, 1 week
$8.16
$6.19
🧴 Hair Shampoo
$8.03
$6.91
🧻 Toilet paper, 4 rolls
$2.96
$2.07
👄 Toothpaste, 1 tube
$3.04
$2.21
Other
🏋️ Gym Membership, 1 month
$42.8
$61.9
🎫 Cinema Ticket, 1 person
$7.3
$7.84
👩‍⚕️ Doctor's visit
$50.2
$94.1
💇 Haircut, simple
$14.5
$12
👖 Brand Jeans
$53.6
$50.6
👟 Brand Sneakers
$91.3
$78.8
👶 Daycare or Preschool, 1 month
$503
$1114
🏫 International Primary School, 1 year
$13402
$27781

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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
$1425
16 km or 9.9 mi Tocumen
$1403
26 km or 16 mi Pacora
$1395
34 km or 21 mi La Chorrera
$977
59 km or 37 mi Colon
$1179
108 km or 67 mi Penonome
$1153
154 km or 96 mi Chitre
$1154
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$764
329 km or 204 mi David
$922
398 km or 247 mi Monteria
$703
403 km or 250 mi Limon
$1332
406 km or 252 mi Santa Cruz de Lorica
$764
452 km or 281 mi Sincelejo
$572
463 km or 288 mi Cartagena
$1155
483 km or 300 mi Quibdo
$757
494 km or 307 mi Cartago
$1290
513 km or 319 mi San Jose
$1454
518 km or 322 mi Heredia
$1378
521 km or 324 mi Magangue
$707
526 km or 327 mi Bello
$915
529 km or 329 mi Alajuela
$1323
530 km or 329 mi Medellin
$1071
534 km or 332 mi Envigado
$992
558 km or 347 mi Soledad
$950
559 km or 348 mi Barranquilla
$909
595 km or 370 mi Puntarenas
$825
617 km or 383 mi Cartago
$738
617 km or 383 mi Cienaga
$874
623 km or 387 mi Manizales
$717
627 km or 390 mi Santa Teresa
$1273
627 km or 390 mi Pereira
$789
631 km or 392 mi Santa Marta
$971
632 km or 393 mi Buenaventura
$825
636 km or 395 mi Minca
$887
651 km or 404 mi Salento
$709
652 km or 405 mi Armenia
$719
657 km or 408 mi Tulua
$537
658 km or 409 mi Barrancabermeja
$1040
675 km or 419 mi Liberia
$957

Cities near Shanghai

Distance City Cost of living
9.4 km or 5.8 mi Pudong
$1002
47 km or 29 mi Taicang
$669
53 km or 33 mi Kunshan
$696
74 km or 46 mi Qidong
$701
82 km or 51 mi Suzhou
$782
82 km or 51 mi Jiaxing
$594
85 km or 53 mi Haimen
$620
88 km or 55 mi Changshu
$644
106 km or 66 mi Nantong
$557
117 km or 73 mi Zhangjiagang
$667
121 km or 75 mi Wuxi
$683
135 km or 84 mi Huzhou
$643
141 km or 87 mi Jiangyin
$650
142 km or 88 mi Zhoushan
$584
144 km or 89 mi Ningbo
$671
148 km or 92 mi Jingjiang
$636
155 km or 96 mi Shaoxing
$680
158 km or 98 mi Yixing
$684
159 km or 99 mi Changzhou
$623
160 km or 100 mi Rugao
$646
161 km or 100 mi Hangzhou
$860
177 km or 110 mi Taixing
$636
179 km or 111 mi Hai'an
$647
191 km or 119 mi Liyang
$652
197 km or 122 mi Yangzhong
$611
198 km or 123 mi Guangde
$652
201 km or 125 mi Danyang
$604
208 km or 129 mi Taizhou
$675
217 km or 135 mi Dongtai
$678
223 km or 139 mi Zhenjiang
$525
235 km or 146 mi Yangzhou
$618
236 km or 146 mi Jurong
$626
244 km or 152 mi Ningguo
$644
246 km or 153 mi Yiwu
$667
250 km or 155 mi Xinghua
$677
250 km or 156 mi Yizheng
$601
259 km or 161 mi Linhai
$661
260 km or 161 mi Xuancheng
$665
262 km or 163 mi Gaoyou
$632
274 km or 170 mi Nanjing
$765