Panama City vs Shangrao - Cost of Living Comparison

Updated: October 10, 2024

	Panama City	Shangrao
🚶 Cost of living one person	$1384	$716
👨‍👩‍👧‍👦 Cost of living Family	$3435	$2023
🏠 One person rent	$751	$289
🏘️ Family rent	$1474	$527
🍽️ Food expenses	$444	$249
🚐 Transport expenses	$84.4	$91.4
💳 Monthly salary after tax	$914	$764
😷 Air quality	Good	Moderate
✈️ Airport proximity	7 km	7 km
🎓 Higher education	42	20
😀 Quality of life	66	40
🏙️ Population	881K	6.44M

The cost of living in Panama City is 93% more expensive than in Shangrao. Cities ranked 4139th and 6841st ($1384 vs $716) in the list of the most expensive cities in the world and ranked 1st and 76th 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 1.1 months in Shangrao. Panama City ranked 1st best city to live in Panama vs Shangrao ranked 224th in China, while ranked 3919th and 6892nd 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	$12.3	$3.54
🥂 Dinner in a Restaurant, for 2	$55.2	$25.6
🥪 Fast food meal, equiv. McDonald's	$7.6	$4.31
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.94	$0.71
☕ Cappuccino	$4.25	$2.15
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.9	$0.52
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$827	$334
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$577	$218
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1757	$661
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1198	$413
🔌 Utility Bill one person, electricity, heating, water, etc.	$76.7	$32.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$118	$48.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.4	$16.2
🏦 Mortgage Interest Rate for 20 Years	6.12%	4.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2406	$5346
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1535	$2656
Transportation
🚌 Local transport ticket	$0.35	$0.32
🎟️ Monthly ticket local transport	$26.2	$23.6
🚕 Taxi Ride, 8 km or 5 mi	$13.9	$5.27
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.02	$1.21
Groceries
🥛 Milk, 1 L or 1 qt	$1.78	$2.17
🍞 Bread, 0.5 kg or 1.1 lb	$2.12	$2.03
🍚 Rice, 1 kg or 2.2 lb	$2.08	$1.03
🥚 Eggs, x12	$2.67	$1.87
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$18.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.23	$3.38
🥩 Round Steak, 1 kg or 2.2 lb	$10.4	$12.3
🍏 Apples, 1 kg or 2.2 lb	$3.11	$2.1
🍌 Banana, 1 kg or 2.2 lb	$1.54	$2.14
🍊 Oranges, 1 kg or 2.2 lb	$3.09	$1.78
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$1.16
🥔 Potato, 1 kg or 2.2 lb	$2.19	$0.9
🧅 Onion, 1 kg or 2.2 lb	$2.5	$1.04
🌊 Water, 1 L or 1 qt	$1	$0.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.51	$1.18
🍾 Wine (mid-priced), 750 mL bottle	$9.03	$8.52
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$0.72
🚬 Cigarette pack	$5.89	$3.95
💊 Cold medicince, 1 week	$10.5	$5.49
🧴 Hair Shampoo	$6.97	$5.02
🧻 Toilet paper, 4 rolls	$3.12	$1.69
👄 Toothpaste, 1 tube	$3.06	$1.76
Other
🏋️ Gym Membership, 1 month	$43.8	$38.7
🎫 Cinema Ticket, 1 person	$6.71	$6.41
👩‍⚕️ Doctor's visit	$49.1	$45.3
💇 Haircut, simple	$13.7	$5.9
👖 Brand Jeans	$54.3	$51.8
👟 Brand Sneakers	$90.2	$72
👶 Daycare or Preschool, 1 month	$437	$483
🏫 International Primary School, 1 year	$9531	$19047

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	$1249
16 km or 9.9 mi	Tocumen	$1231
26 km or 16 mi	Pacora	$1249
34 km or 21 mi	La Chorrera	$953
59 km or 37 mi	Colon	$1182
108 km or 67 mi	Penonome	$1098
154 km or 96 mi	Chitre	$1091
190 km or 118 mi	Santiago de Veraguas	$1056
321 km or 199 mi	Turbo	$634
329 km or 204 mi	David	$833
398 km or 247 mi	Monteria	$620
403 km or 250 mi	Limon	$1201
406 km or 252 mi	Santa Cruz de Lorica	$638
452 km or 281 mi	Sincelejo	$506
463 km or 288 mi	Cartagena	$748
483 km or 300 mi	Quibdo	$661
494 km or 307 mi	Cartago	$961
513 km or 319 mi	San Jose	$1239
518 km or 322 mi	Heredia	$1246
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$789
529 km or 329 mi	Alajuela	$1233
530 km or 329 mi	Medellin	$873
534 km or 332 mi	Envigado	$871
558 km or 347 mi	Soledad	$840
559 km or 348 mi	Barranquilla	$789
595 km or 370 mi	Puntarenas	$1277
617 km or 383 mi	Cartago	$619
617 km or 383 mi	Cienaga	$831
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1310
627 km or 390 mi	Pereira	$641
631 km or 392 mi	Santa Marta	$979
632 km or 393 mi	Buenaventura	$718
636 km or 395 mi	Minca	$863
651 km or 404 mi	Salento	$562
652 km or 405 mi	Armenia	$541
657 km or 408 mi	Tulua	$477
658 km or 409 mi	Barrancabermeja	$573
675 km or 419 mi	Liberia	$898

Cities near Shangrao

Distance	City	Cost of living
76 km or 47 mi	Guixi	$634
77 km or 48 mi	Wuyishan	$643
97 km or 60 mi	Yingtan	$636
106 km or 66 mi	Quzhou	$633
120 km or 75 mi	Jingdezhen	$666
145 km or 90 mi	Huangshan	$694
165 km or 103 mi	Fuzhou	$618
180 km or 112 mi	Jinhua	$731
191 km or 119 mi	Lishui	$719
201 km or 125 mi	Nanping	$673
205 km or 127 mi	Nanchang	$521
227 km or 141 mi	Yiwu	$708
237 km or 147 mi	Jiujiang	$670
246 km or 153 mi	Anqing	$642
246 km or 153 mi	Sanming	$642
250 km or 155 mi	Ningde	$683
251 km or 156 mi	Chizhou	$672
262 km or 163 mi	Ningguo	$703
268 km or 167 mi	Wenzhou	$776
274 km or 170 mi	Rui'an	$719
278 km or 173 mi	Tongling	$705
279 km or 174 mi	Qianshan	$636
282 km or 175 mi	Wuxue	$646
289 km or 179 mi	Xuancheng	$771
293 km or 182 mi	Hangzhou	$843
294 km or 183 mi	Fuzhou	$706
306 km or 190 mi	Tongcheng	$658
307 km or 191 mi	Guangde	$698
307 km or 191 mi	Xinyu	$590
308 km or 191 mi	Shaoxing	$742
313 km or 195 mi	Linhai	$702
324 km or 201 mi	Wuhu	$903
328 km or 204 mi	Ji'an	$628
333 km or 207 mi	Wenling	$712
340 km or 211 mi	Huzhou	$706
344 km or 214 mi	Daye	$676
345 km or 214 mi	Huangshi	$714
350 km or 217 mi	Putian	$661
358 km or 223 mi	Yichun	$611
361 km or 224 mi	Chaohu	$694