Panama City vs Shangqiu - Cost of Living Comparison

Updated: March 01, 2024

	Panama City	Shangqiu
🚶 Cost of living one person	$1316	$743
👨‍👩‍👧‍👦 Cost of living Family	$3171	$1910
🏠 One person rent	$709	$362
🏘️ Family rent	$1291	$624
🍽️ Food expenses	$426	$237
🚐 Transport expenses	$78	$69.8
💳 Monthly salary after tax	$901	$643
😷 Air quality	Moderate	Bad
✈️ Airport proximity	7 km	17 km
🎓 Higher education	42	24
😀 Quality of life	67	41
🏙️ Population	881K	7.82M

The cost of living in Panama City is 77% more expensive than in Shangqiu. Cities ranked 4138th and 6604th ($1316 vs $743) in the list of the most expensive cities in the world and ranked 1st and 53rd in Panama and China, respectively. Check Panama vs China comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama City compared to 0.9 months in Shangqiu. Panama City ranked 1st best city to live in Panama vs Shangqiu ranked 319th in China, while ranked 3926th and 7053rd among best cities to live in the world.

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Cost of living in Panama City vs Shangqiu infographic

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Prices in Panama City vs Shangqiu

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

	Panama City	Shangqiu
Eating Out
🍱 Lunch Menu	$11.5	$4.73
🥂 Dinner in a Restaurant, for 2	$51.8	$19.1
🥪 Fast food meal, equiv. McDonald's	$7.97	$5.85
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.6	$1.16
☕ Cappuccino	$4.35	$3.23
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.75	$0.42
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$836	$302
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$520	$321
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1703	$451
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$980	$588
🔌 Utility Bill one person, electricity, heating, water, etc.	$78.2	$34.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$119	$52.8
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.6	$10.6
🏦 Mortgage Interest Rate for 20 Years	5.97%	4.6%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2399	$3564
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1457	$1991
Transportation
🚌 Local transport ticket	$0.35	$0.31
🎟️ Monthly ticket local transport	$25.9	$16.5
🚕 Taxi Ride, 8 km or 5 mi	$12	$3.68
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.06	$1.11
Groceries
🥛 Milk, 1 L or 1 qt	$1.76	$1.98
🍞 Bread, 0.5 kg or 1.1 lb	$2.11	$1.44
🍚 Rice, 1 kg or 2.2 lb	$1.71	$0.9
🥚 Eggs, x12	$2.63	$1.49
🧀 Cheese, 1 kg or 2.2 lb	$11.9	$11.5
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.45	$3.13
🥩 Round Steak, 1 kg or 2.2 lb	$8.87	$11.8
🍏 Apples, 1 kg or 2.2 lb	$2.91	$1.46
🍌 Banana, 1 kg or 2.2 lb	$1.37	$1.12
🍊 Oranges, 1 kg or 2.2 lb	$2.8	$1.5
🍅 Tomato, 1 kg or 2.2 lb	$2.81	$1.12
🥔 Potato, 1 kg or 2.2 lb	$2.1	$0.64
🧅 Onion, 1 kg or 2.2 lb	$2.02	$0.79
🌊 Water, 1 L or 1 qt	$0.98	$0.42
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.59	$1.16
🍾 Wine (mid-priced), 750 mL bottle	$9.98	$16.6
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$0.72
🚬 Cigarette pack	$5.88	$3.12
💊 Cold medicince, 1 week	$9.43	$4.08
🧴 Hair Shampoo	$7.05	$3.78
🧻 Toilet paper, 4 rolls	$3.43	$2.17
👄 Toothpaste, 1 tube	$3.7	$1.33
Other
🏋️ Gym Membership, 1 month	$42	$37.4
🎫 Cinema Ticket, 1 person	$6.85	$5.53
👩‍⚕️ Doctor's visit	$48.6	$27.7
💇 Haircut, simple	$13.5	$4.16
👖 Brand Jeans	$54.3	$49.1
👟 Brand Sneakers	$86.9	$73.2
👶 Daycare or Preschool, 1 month	$408	$407
🏫 International Primary School, 1 year	$9581	$14498

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Panama City

Distance	City	Cost of living
8.1 km or 5 mi	Balboa	$1189
16 km or 9.9 mi	Tocumen	$1171
26 km or 16 mi	Pacora	$1182
34 km or 21 mi	La Chorrera	$917
59 km or 37 mi	Colon	$1157
108 km or 67 mi	Penonome	$940
154 km or 96 mi	Chitre	$980
190 km or 118 mi	Santiago de Veraguas	$961
321 km or 199 mi	Turbo	$624
329 km or 204 mi	David	$789
398 km or 247 mi	Monteria	$633
403 km or 250 mi	Limon	$1147
406 km or 252 mi	Santa Cruz de Lorica	$573
452 km or 281 mi	Sincelejo	$536
463 km or 288 mi	Cartagena	$877
483 km or 300 mi	Quibdo	$649
494 km or 307 mi	Cartago	$1009
513 km or 319 mi	San Jose	$1169
518 km or 322 mi	Heredia	$1040
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$778
529 km or 329 mi	Alajuela	$1163
530 km or 329 mi	Medellin	$867
534 km or 332 mi	Envigado	$812
558 km or 347 mi	Soledad	$851
559 km or 348 mi	Barranquilla	$780
595 km or 370 mi	Puntarenas	$1024
617 km or 383 mi	Cartago	$639
617 km or 383 mi	Cienaga	$661
623 km or 387 mi	Manizales	$727
627 km or 390 mi	Santa Teresa	$1114
627 km or 390 mi	Pereira	$639
631 km or 392 mi	Santa Marta	$705
632 km or 393 mi	Buenaventura	$552
636 km or 395 mi	Minca	$655
651 km or 404 mi	Salento	$567
652 km or 405 mi	Armenia	$551
657 km or 408 mi	Tulua	$493
658 km or 409 mi	Barrancabermeja	$592
675 km or 419 mi	Liberia	$1220

Cities near Shangqiu

Distance	City	Cost of living
92 km or 57 mi	Yongcheng	$621
92 km or 57 mi	Heze	$1400
117 km or 73 mi	Huaibei	$604
121 km or 75 mi	Changyuan	$746
126 km or 79 mi	Kaifeng	$541
128 km or 79 mi	Zoucheng	$668
128 km or 80 mi	Zhoukou	$584
129 km or 80 mi	Xiangcheng	$594
132 km or 82 mi	Jieshou	$617
137 km or 85 mi	Jining	$640
142 km or 89 mi	Xuzhou	$532
150 km or 93 mi	Suzhou	$626
156 km or 97 mi	Tengzhou	$616
159 km or 99 mi	Puyang	$801
170 km or 106 mi	Fuyang	$660
174 km or 108 mi	Xuchang	$599
174 km or 108 mi	Changge	$563
176 km or 110 mi	Xinzheng	$554
178 km or 110 mi	Luohe	$608
178 km or 111 mi	Qufu	$599
181 km or 112 mi	Zaozhuang	$613
181 km or 113 mi	Weihui	$585
185 km or 115 mi	Zhengzhou	$506
188 km or 117 mi	Xinxiang	$583
192 km or 119 mi	Hebi	$640
202 km or 126 mi	Yuzhou	$570
204 km or 127 mi	Huixian	$579
208 km or 129 mi	Xinmi	$542
210 km or 131 mi	Xingyang	$531
217 km or 135 mi	Pizhou	$610
220 km or 137 mi	Anyang	$601
220 km or 137 mi	Zhumadian	$651
221 km or 137 mi	Feicheng	$571
227 km or 141 mi	Liaocheng	$521
229 km or 142 mi	Bengbu	$532
229 km or 143 mi	Pingdingshan	$605
233 km or 145 mi	Wugang	$589
236 km or 147 mi	Tai'an	$550
238 km or 148 mi	Jiaozuo	$583
240 km or 149 mi	Dengfeng	$543