Panama City vs Shangrao - Cost of Living Comparison

Updated: March 02, 2025

	Panama City	Shangrao
🚶 Cost of living one person	$1479	$671
👨‍👩‍👧‍👦 Cost of living Family	$3609	$2065
🏠 One person rent	$846	$263
🏘️ Family rent	$1592	$505
🍽️ Food expenses	$440	$238
🚐 Transport expenses	$83	$88.2
💳 Monthly salary after tax	$967	$800
😷 Air quality	Good	Moderate
✈️ Airport proximity	7 km	7 km
🎓 Higher education	42	20
😀 Quality of life	67	41
🏙️ Population	881K	6.44M

The cost of living in Panama City is 120% more expensive than in Shangrao. Cities ranked 3517th and 7052nd ($1479 vs $671) in the list of the most expensive cities in the world and ranked 1st and 74th 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 1.2 months in Shangrao. Panama City ranked 1st best city to live in Panama vs Shangrao ranked 210th in China, while ranked 3734th and 6873rd 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	$10.4	$3.46
🥂 Dinner in a Restaurant, for 2	$48.5	$24.1
🥪 Fast food meal, equiv. McDonald's	$8.06	$4.13
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$0.69
☕ Cappuccino	$3.99	$2.05
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.66	$0.47
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$891	$303
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$681	$199
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1749	$628
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1344	$401
🔌 Utility Bill one person, electricity, heating, water, etc.	$78	$27.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$121	$42.9
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$16
🏦 Mortgage Interest Rate for 20 Years	6.28%	3.98%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2551	$4836
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1632	$2454
Transportation
🚌 Local transport ticket	$0.42	$0.32
🎟️ Monthly ticket local transport	$23.2	$23.2
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$5.02
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.96	$1.15
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$2.03
🍞 Bread, 0.5 kg or 1.1 lb	$2.19	$2.11
🍚 Rice, 1 kg or 2.2 lb	$2.33	$0.94
🥚 Eggs, x12	$2.77	$1.75
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$19.5
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.09	$2.77
🥩 Round Steak, 1 kg or 2.2 lb	$9.99	$11.3
🍏 Apples, 1 kg or 2.2 lb	$3.44	$1.95
🍌 Banana, 1 kg or 2.2 lb	$1.58	$1.98
🍊 Oranges, 1 kg or 2.2 lb	$2.89	$1.71
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$1.3
🥔 Potato, 1 kg or 2.2 lb	$2.23	$0.73
🧅 Onion, 1 kg or 2.2 lb	$2.8	$0.88
🌊 Water, 1 L or 1 qt	$1.07	$0.34
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.31	$1.17
🍾 Wine (mid-priced), 750 mL bottle	$10	$10.3
🍺 Beer, 0.5 L or 16 fl oz	$1.29	$0.7
🚬 Cigarette pack	$5.98	$3.82
💊 Cold medicince, 1 week	$11.7	$5.27
🧴 Hair Shampoo	$7.94	$4.97
🧻 Toilet paper, 4 rolls	$3.37	$1.63
👄 Toothpaste, 1 tube	$3.71	$1.72
Other
🏋️ Gym Membership, 1 month	$45.3	$33.7
🎫 Cinema Ticket, 1 person	$7.22	$6.19
👩‍⚕️ Doctor's visit	$54.5	$42.5
💇 Haircut, simple	$12.9	$5.84
👖 Brand Jeans	$56.8	$51
👟 Brand Sneakers	$93.2	$67.2
👶 Daycare or Preschool, 1 month	$477	$436
🏫 International Primary School, 1 year	$13616	$31722

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	$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 Shangrao

Distance	City	Cost of living
76 km or 47 mi	Guixi	$598
77 km or 48 mi	Wuyishan	$601
97 km or 60 mi	Yingtan	$603
106 km or 66 mi	Quzhou	$616
120 km or 75 mi	Jingdezhen	$621
145 km or 90 mi	Huangshan	$642
165 km or 103 mi	Fuzhou	$585
180 km or 112 mi	Jinhua	$587
191 km or 119 mi	Lishui	$682
201 km or 125 mi	Nanping	$630
205 km or 127 mi	Nanchang	$506
227 km or 141 mi	Yiwu	$677
237 km or 147 mi	Jiujiang	$637
246 km or 153 mi	Anqing	$555
246 km or 153 mi	Sanming	$603
250 km or 155 mi	Ningde	$648
251 km or 156 mi	Chizhou	$611
262 km or 163 mi	Ningguo	$642
268 km or 167 mi	Wenzhou	$726
274 km or 170 mi	Rui'an	$681
278 km or 173 mi	Tongling	$632
279 km or 174 mi	Qianshan	$576
282 km or 175 mi	Wuxue	$613
289 km or 179 mi	Xuancheng	$672
293 km or 182 mi	Hangzhou	$805
294 km or 183 mi	Fuzhou	$669
306 km or 190 mi	Tongcheng	$600
307 km or 191 mi	Guangde	$650
307 km or 191 mi	Xinyu	$564
308 km or 191 mi	Shaoxing	$716
313 km or 195 mi	Linhai	$661
324 km or 201 mi	Wuhu	$691
328 km or 204 mi	Ji'an	$600
333 km or 207 mi	Wenling	$671
340 km or 211 mi	Huzhou	$670
344 km or 214 mi	Daye	$645
345 km or 214 mi	Huangshi	$679
350 km or 217 mi	Putian	$625
358 km or 223 mi	Yichun	$590
361 km or 224 mi	Chaohu	$621