Panama City vs Shangrao - Cost of Living Comparison

Updated: March 01, 2024

	Panama City	Shangrao
🚶 Cost of living one person	$1316	$721
👨‍👩‍👧‍👦 Cost of living Family	$3171	$2070
🏠 One person rent	$709	$290
🏘️ Family rent	$1291	$526
🍽️ Food expenses	$426	$259
🚐 Transport expenses	$78	$83.9
💳 Monthly salary after tax	$901	$724
😷 Air quality	Moderate	Moderate
✈️ Airport proximity	7 km	7 km
🎓 Higher education	42	20
😀 Quality of life	67	43
🏙️ Population	881K	6.49M

The cost of living in Panama City is 82% more expensive than in Shangrao. Cities ranked 4138th and 6691st ($1316 vs $721) in the list of the most expensive cities in the world and ranked 1st and 70th 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 Shangrao. Panama City ranked 1st best city to live in Panama vs Shangrao ranked 244th in China, while ranked 3926th and 6824th among best cities to live in the world.

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Cost of living in Panama City vs Shangrao infographic

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Prices in Panama City vs Shangrao

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

	Panama City	Shangrao
Eating Out
🍱 Lunch Menu	$11.5	$3.49
🥂 Dinner in a Restaurant, for 2	$51.8	$41.8
🥪 Fast food meal, equiv. McDonald's	$7.97	$4.19
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.6	$0.69
☕ Cappuccino	$4.35	$2.09
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.75	$1.38
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$836	$343
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$520	$219
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1703	$687
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$980	$405
🔌 Utility Bill one person, electricity, heating, water, etc.	$78.2	$33.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$119	$51.2
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.6	$13.2
🏦 Mortgage Interest Rate for 20 Years	5.97%	4.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2399	$5578
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1457	$2536
Transportation
🚌 Local transport ticket	$0.35	$0.34
🎟️ Monthly ticket local transport	$25.9	$22.7
🚕 Taxi Ride, 8 km or 5 mi	$12	$4.24
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.06	$1.2
Groceries
🥛 Milk, 1 L or 1 qt	$1.76	$1.94
🍞 Bread, 0.5 kg or 1.1 lb	$2.11	$1.74
🍚 Rice, 1 kg or 2.2 lb	$1.71	$0.95
🥚 Eggs, x12	$2.63	$1.75
🧀 Cheese, 1 kg or 2.2 lb	$11.9	$13.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.45	$3.86
🥩 Round Steak, 1 kg or 2.2 lb	$8.87	$12.7
🍏 Apples, 1 kg or 2.2 lb	$2.91	$1.85
🍌 Banana, 1 kg or 2.2 lb	$1.37	$1.44
🍊 Oranges, 1 kg or 2.2 lb	$2.8	$1.64
🍅 Tomato, 1 kg or 2.2 lb	$2.81	$1.34
🥔 Potato, 1 kg or 2.2 lb	$2.1	$0.83
🧅 Onion, 1 kg or 2.2 lb	$2.02	$0.97
🌊 Water, 1 L or 1 qt	$0.98	$0.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.59	$1.16
🍾 Wine (mid-priced), 750 mL bottle	$9.98	$12.6
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$0.8
🚬 Cigarette pack	$5.88	$3.55
💊 Cold medicince, 1 week	$9.43	$5.34
🧴 Hair Shampoo	$7.05	$4.96
🧻 Toilet paper, 4 rolls	$3.43	$1.67
👄 Toothpaste, 1 tube	$3.7	$1.73
Other
🏋️ Gym Membership, 1 month	$42	$39.6
🎫 Cinema Ticket, 1 person	$6.85	$6.32
👩‍⚕️ Doctor's visit	$48.6	$44.1
💇 Haircut, simple	$13.5	$5.82
👖 Brand Jeans	$54.3	$52.2
👟 Brand Sneakers	$86.9	$78.1
👶 Daycare or Preschool, 1 month	$408	$558
🏫 International Primary School, 1 year	$9581	$20642

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 Shangrao

Distance	City	Cost of living
76 km or 47 mi	Guixi	$643
77 km or 48 mi	Wuyishan	$655
97 km or 60 mi	Yingtan	$645
106 km or 66 mi	Quzhou	$644
120 km or 75 mi	Jingdezhen	$677
145 km or 90 mi	Huangshan	$713
165 km or 103 mi	Fuzhou	$620
180 km or 112 mi	Jinhua	$811
191 km or 119 mi	Lishui	$741
201 km or 125 mi	Nanping	$678
205 km or 127 mi	Nanchang	$538
227 km or 141 mi	Yiwu	$725
237 km or 147 mi	Jiujiang	$664
246 km or 153 mi	Anqing	$708
246 km or 153 mi	Sanming	$667
250 km or 155 mi	Ningde	$694
251 km or 156 mi	Chizhou	$700
262 km or 163 mi	Ningguo	$720
268 km or 167 mi	Wenzhou	$787
274 km or 170 mi	Rui'an	$744
278 km or 173 mi	Tongling	$728
279 km or 174 mi	Qianshan	$671
282 km or 175 mi	Wuxue	$647
289 km or 179 mi	Xuancheng	$789
293 km or 182 mi	Hangzhou	$831
294 km or 183 mi	Fuzhou	$664
306 km or 190 mi	Tongcheng	$687
307 km or 191 mi	Guangde	$707
307 km or 191 mi	Xinyu	$581
308 km or 191 mi	Shaoxing	$755
313 km or 195 mi	Linhai	$719
324 km or 201 mi	Wuhu	$898
328 km or 204 mi	Ji'an	$613
333 km or 207 mi	Wenling	$735
340 km or 211 mi	Huzhou	$699
344 km or 214 mi	Daye	$669
345 km or 214 mi	Huangshi	$697
350 km or 217 mi	Putian	$675
358 km or 223 mi	Yichun	$587
361 km or 224 mi	Chaohu	$696