Panama City vs Shangqiu - Cost of Living Comparison

Updated: March 02, 2025

	Panama City	Shangqiu
🚶 Cost of living one person	$1479	$736
👨‍👩‍👧‍👦 Cost of living Family	$3609	$1915
🏠 One person rent	$846	$371
🏘️ Family rent	$1592	$643
🍽️ Food expenses	$440	$224
🚐 Transport expenses	$83	$69.1
💳 Monthly salary after tax	$967	$707
😷 Air quality	Good	Bad
✈️ Airport proximity	7 km	17 km
🎓 Higher education	42	24
😀 Quality of life	67	38
🏙️ Population	881K	7.82M

The cost of living in Panama City is 101% more expensive than in Shangqiu. Cities ranked 3517th and 6735th ($1479 vs $736) in the list of the most expensive cities in the world and ranked 1st and 43rd 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 1 months in Shangqiu. Panama City ranked 1st best city to live in Panama vs Shangqiu ranked 300th in China, while ranked 3734th and 7140th among best cities to live in the world.

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the estimated difference in money purchasing power

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	$10.4	$3.69
🥂 Dinner in a Restaurant, for 2	$48.5	$19.6
🥪 Fast food meal, equiv. McDonald's	$8.06	$5.58
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$1.06
☕ Cappuccino	$3.99	$2.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.66	$0.5
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$891	$296
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$681	$335
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1749	$464
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1344	$609
🔌 Utility Bill one person, electricity, heating, water, etc.	$78	$34.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$121	$52.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$10.4
🏦 Mortgage Interest Rate for 20 Years	6.28%	3.97%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2551	$3083
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1632	$1982
Transportation
🚌 Local transport ticket	$0.42	$0.29
🎟️ Monthly ticket local transport	$23.2	$16.3
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$3.67
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.96	$1.1
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$1.88
🍞 Bread, 0.5 kg or 1.1 lb	$2.19	$1.5
🍚 Rice, 1 kg or 2.2 lb	$2.33	$0.83
🥚 Eggs, x12	$2.77	$1.45
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$11.5
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.09	$2.83
🥩 Round Steak, 1 kg or 2.2 lb	$9.99	$10.6
🍏 Apples, 1 kg or 2.2 lb	$3.44	$1.58
🍌 Banana, 1 kg or 2.2 lb	$1.58	$1.12
🍊 Oranges, 1 kg or 2.2 lb	$2.89	$1.37
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$1.08
🥔 Potato, 1 kg or 2.2 lb	$2.23	$0.65
🧅 Onion, 1 kg or 2.2 lb	$2.8	$0.77
🌊 Water, 1 L or 1 qt	$1.07	$0.39
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.31	$1.17
🍾 Wine (mid-priced), 750 mL bottle	$10	$14.6
🍺 Beer, 0.5 L or 16 fl oz	$1.29	$0.71
🚬 Cigarette pack	$5.98	$3.17
💊 Cold medicince, 1 week	$11.7	$4.11
🧴 Hair Shampoo	$7.94	$3.81
🧻 Toilet paper, 4 rolls	$3.37	$2.19
👄 Toothpaste, 1 tube	$3.71	$1.31
Other
🏋️ Gym Membership, 1 month	$45.3	$39.3
🎫 Cinema Ticket, 1 person	$7.22	$5.84
👩‍⚕️ Doctor's visit	$54.5	$27
💇 Haircut, simple	$12.9	$4.21
👖 Brand Jeans	$56.8	$45.4
👟 Brand Sneakers	$93.2	$69.4
👶 Daycare or Preschool, 1 month	$477	$371
🏫 International Primary School, 1 year	$13616	$17921

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	$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

Cities near Shangqiu

Distance	City	Cost of living
92 km or 57 mi	Yongcheng	$600
92 km or 57 mi	Heze	$1385
117 km or 73 mi	Huaibei	$584
121 km or 75 mi	Changyuan	$787
126 km or 79 mi	Kaifeng	$545
128 km or 79 mi	Zoucheng	$660
128 km or 80 mi	Zhoukou	$580
129 km or 80 mi	Xiangcheng	$577
132 km or 82 mi	Jieshou	$591
137 km or 85 mi	Jining	$643
142 km or 89 mi	Xuzhou	$484
150 km or 93 mi	Suzhou	$602
156 km or 97 mi	Tengzhou	$591
159 km or 99 mi	Puyang	$800
170 km or 106 mi	Fuyang	$633
174 km or 108 mi	Xuchang	$586
174 km or 108 mi	Changge	$547
176 km or 110 mi	Xinzheng	$538
178 km or 110 mi	Luohe	$591
178 km or 111 mi	Qufu	$593
181 km or 112 mi	Zaozhuang	$548
181 km or 113 mi	Weihui	$571
185 km or 115 mi	Zhengzhou	$512
188 km or 117 mi	Xinxiang	$575
192 km or 119 mi	Hebi	$625
202 km or 126 mi	Yuzhou	$552
204 km or 127 mi	Huixian	$551
208 km or 129 mi	Xinmi	$528
210 km or 131 mi	Xingyang	$519
217 km or 135 mi	Pizhou	$575
220 km or 137 mi	Anyang	$578
220 km or 137 mi	Zhumadian	$637
221 km or 137 mi	Feicheng	$571
227 km or 141 mi	Liaocheng	$522
229 km or 142 mi	Bengbu	$505
229 km or 143 mi	Pingdingshan	$591
233 km or 145 mi	Wugang	$571
236 km or 147 mi	Tai'an	$561
238 km or 148 mi	Jiaozuo	$479
240 km or 149 mi	Dengfeng	$529