Panama City vs Shangrao - Cost of Living Comparison

Updated: October 14, 2025

	Panama City	Shangrao
🚶 Cost of living one person	$1560	$650
👨‍👩‍👧‍👦 Cost of living Family	$3547	$1953
🏠 One person rent	$943	$238
🏘️ Family rent	$1558	$414
🍽️ Food expenses	$429	$241
🚐 Transport expenses	$78.4	$85
💳 Monthly salary after tax	$982	$767
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	7 km	7 km
🎓 Higher education	43	20
😀 Quality of life	71	46
🏙️ Population	410K	6.44M

The cost of living in Panama City is 140% more expensive than in Shangrao. Cities ranked 3737th and 7433rd ($1560 vs $650) in the list of the most expensive cities in the world and ranked 1st and 94th 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 1.2 months in Shangrao. Panama City ranked 1st best city to live in Panama vs Shangrao ranked 207th in China, while ranked 3765th and 6933rd 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	$10.6	$3.48
🥂 Dinner in a Restaurant, for 2	$45.7	$28
🥪 Fast food meal, equiv. McDonald's	$8.08	$4.22
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.93	$0.7
☕ Cappuccino	$4.03	$2.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.69	$0.52
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1015	$270
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$759	$174
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1675	$491
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1306	$320
🔌 Utility Bill one person, electricity, heating, water, etc.	$86.4	$26.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$133	$41.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.5	$18
🏦 Mortgage Interest Rate for 20 Years	6.41%	3.67%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2662	$4322
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1618	$2245
Transportation
🚌 Local transport ticket	$0.35	$0.32
🎟️ Monthly ticket local transport	$23.2	$20.2
🚕 Taxi Ride, 8 km or 5 mi	$20.5	$5.2
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.97	$1.15
Groceries
🥛 Milk, 1 L or 1 qt	$1.79	$1.98
🍞 Bread, 0.5 kg or 1.1 lb	$2.25	$1.83
🍚 Rice, 1 kg or 2.2 lb	$2.11	$0.99
🥚 Eggs, x12	$3.17	$1.78
🧀 Cheese, 1 kg or 2.2 lb	$11.7	$15.5
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.81	$3.08
🥩 Round Steak, 1 kg or 2.2 lb	$9.86	$10.5
🍏 Apples, 1 kg or 2.2 lb	$3.27	$2.04
🍌 Banana, 1 kg or 2.2 lb	$1.52	$1.64
🍊 Oranges, 1 kg or 2.2 lb	$3.27	$1.67
🍅 Tomato, 1 kg or 2.2 lb	$3.05	$1.27
🥔 Potato, 1 kg or 2.2 lb	$2.34	$0.79
🧅 Onion, 1 kg or 2.2 lb	$3.26	$0.9
🌊 Water, 1 L or 1 qt	$1.05	$0.34
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.44	$1.19
🍾 Wine (mid-priced), 750 mL bottle	$11.2	$12.7
🍺 Beer, 0.5 L or 16 fl oz	$1.38	$0.73
🚬 Cigarette pack	$5.92	$4.22
💊 Cold medicince, 1 week	$8.17	$5.37
🧴 Hair Shampoo	$8.06	$5
🧻 Toilet paper, 4 rolls	$2.98	$1.66
👄 Toothpaste, 1 tube	$3.05	$1.75
Other
🏋️ Gym Membership, 1 month	$42.6	$32.3
🎫 Cinema Ticket, 1 person	$7.32	$6.52
👩‍⚕️ Doctor's visit	$58.4	$43.3
💇 Haircut, simple	$14.3	$5.95
👖 Brand Jeans	$54	$54.8
👟 Brand Sneakers	$91.3	$73.6
👶 Daycare or Preschool, 1 month	$477	$415
🏫 International Primary School, 1 year	$15637	$28686

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	$1400
16 km or 9.9 mi	Tocumen	$1377
26 km or 16 mi	Pacora	$1371
34 km or 21 mi	La Chorrera	$981
59 km or 37 mi	Colon	$1188
108 km or 67 mi	Penonome	$1150
154 km or 96 mi	Chitre	$1150
190 km or 118 mi	Santiago de Veraguas	$1122
321 km or 199 mi	Turbo	$721
329 km or 204 mi	David	$925
398 km or 247 mi	Monteria	$663
403 km or 250 mi	Limon	$1288
406 km or 252 mi	Santa Cruz de Lorica	$715
452 km or 281 mi	Sincelejo	$547
463 km or 288 mi	Cartagena	$1105
483 km or 300 mi	Quibdo	$708
494 km or 307 mi	Cartago	$1241
513 km or 319 mi	San Jose	$1398
518 km or 322 mi	Heredia	$1335
521 km or 324 mi	Magangue	$667
526 km or 327 mi	Bello	$881
529 km or 329 mi	Alajuela	$1303
530 km or 329 mi	Medellin	$1030
534 km or 332 mi	Envigado	$950
558 km or 347 mi	Soledad	$883
559 km or 348 mi	Barranquilla	$843
595 km or 370 mi	Puntarenas	$821
617 km or 383 mi	Cartago	$679
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$678
627 km or 390 mi	Santa Teresa	$1236
627 km or 390 mi	Pereira	$730
631 km or 392 mi	Santa Marta	$929
632 km or 393 mi	Buenaventura	$782
636 km or 395 mi	Minca	$847
651 km or 404 mi	Salento	$655
652 km or 405 mi	Armenia	$667
657 km or 408 mi	Tulua	$511
658 km or 409 mi	Barrancabermeja	$1082
675 km or 419 mi	Liberia	$953

Cities near Shangrao

Distance	City	Cost of living
76 km or 47 mi	Guixi	$578
77 km or 48 mi	Wuyishan	$600
97 km or 60 mi	Yingtan	$586
106 km or 66 mi	Quzhou	$604
120 km or 75 mi	Jingdezhen	$436
145 km or 90 mi	Huangshan	$620
165 km or 103 mi	Fuzhou	$589
180 km or 112 mi	Jinhua	$586
191 km or 119 mi	Lishui	$696
201 km or 125 mi	Nanping	$671
205 km or 127 mi	Nanchang	$526
227 km or 141 mi	Yiwu	$672
237 km or 147 mi	Jiujiang	$604
246 km or 153 mi	Anqing	$532
246 km or 153 mi	Sanming	$616
250 km or 155 mi	Ningde	$628
251 km or 156 mi	Chizhou	$617
262 km or 163 mi	Ningguo	$637
268 km or 167 mi	Wenzhou	$753
274 km or 170 mi	Rui'an	$700
278 km or 173 mi	Tongling	$629
279 km or 174 mi	Qianshan	$567
282 km or 175 mi	Wuxue	$598
289 km or 179 mi	Xuancheng	$659
293 km or 182 mi	Hangzhou	$826
294 km or 183 mi	Fuzhou	$628
306 km or 190 mi	Tongcheng	$592
307 km or 191 mi	Guangde	$642
307 km or 191 mi	Xinyu	$593
308 km or 191 mi	Shaoxing	$740
313 km or 195 mi	Linhai	$666
324 km or 201 mi	Wuhu	$672
328 km or 204 mi	Ji'an	$660
333 km or 207 mi	Wenling	$677
340 km or 211 mi	Huzhou	$631
344 km or 214 mi	Daye	$638
345 km or 214 mi	Huangshi	$671
350 km or 217 mi	Putian	$634
358 km or 223 mi	Yichun	$618
361 km or 224 mi	Chaohu	$620