Panama City vs Shaoyang - Cost of Living Comparison

Updated: October 10, 2024

	Panama City	Shaoyang
🚶 Cost of living one person	$1384	$612
👨‍👩‍👧‍👦 Cost of living Family	$3435	$1703
🏠 One person rent	$751	$223
🏘️ Family rent	$1474	$448
🍽️ Food expenses	$444	$232
🚐 Transport expenses	$84.4	$78.4
💳 Monthly salary after tax	$914	$727
😷 Air quality	Good	Bad
✈️ Airport proximity	7 km	20 km
🎓 Higher education	42	24
😀 Quality of life	66	39
🏙️ Population	881K	6.56M

The cost of living in Panama City is 126% more expensive than in Shaoyang. Cities ranked 4139th and 7649th ($1384 vs $612) in the list of the most expensive cities in the world and ranked 1st and 262nd 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 Shaoyang. Panama City ranked 1st best city to live in Panama vs Shaoyang ranked 266th in China, while ranked 3919th and 7013th among best cities to live in the world.

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Cost of living in Panama City vs Shaoyang infographic

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Prices in Panama City vs Shaoyang

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

	Panama City	Shaoyang
Eating Out
🍱 Lunch Menu	$12.3	$2.92
🥂 Dinner in a Restaurant, for 2	$55.2	$19
🥪 Fast food meal, equiv. McDonald's	$7.6	$4.94
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.94	$1.15
☕ Cappuccino	$4.25	$2.89
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.9	$0.43
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$827	$257
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$577	$161
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1757	$643
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1198	$325
🔌 Utility Bill one person, electricity, heating, water, etc.	$76.7	$29.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$118	$45.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.4	$13.8
🏦 Mortgage Interest Rate for 20 Years	6.12%	4.15%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2406	$3476
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1535	$3102
Transportation
🚌 Local transport ticket	$0.35	$0.34
🎟️ Monthly ticket local transport	$26.2	$21.4
🚕 Taxi Ride, 8 km or 5 mi	$13.9	$3.64
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.02	$1.19
Groceries
🥛 Milk, 1 L or 1 qt	$1.78	$1.75
🍞 Bread, 0.5 kg or 1.1 lb	$2.12	$1.71
🍚 Rice, 1 kg or 2.2 lb	$2.08	$0.92
🥚 Eggs, x12	$2.67	$1.73
🧀 Cheese, 1 kg or 2.2 lb	$13.2	$15.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.23	$3.59
🥩 Round Steak, 1 kg or 2.2 lb	$10.4	$12.4
🍏 Apples, 1 kg or 2.2 lb	$3.11	$1.55
🍌 Banana, 1 kg or 2.2 lb	$1.54	$1.28
🍊 Oranges, 1 kg or 2.2 lb	$3.09	$1.52
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$1.51
🥔 Potato, 1 kg or 2.2 lb	$2.19	$0.88
🧅 Onion, 1 kg or 2.2 lb	$2.5	$1.28
🌊 Water, 1 L or 1 qt	$1	$0.32
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.51	$1.18
🍾 Wine (mid-priced), 750 mL bottle	$9.03	$13.1
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$0.78
🚬 Cigarette pack	$5.89	$3.02
💊 Cold medicince, 1 week	$10.5	$4.27
🧴 Hair Shampoo	$6.97	$5.39
🧻 Toilet paper, 4 rolls	$3.12	$1.12
👄 Toothpaste, 1 tube	$3.06	$1.66
Other
🏋️ Gym Membership, 1 month	$43.8	$29.5
🎫 Cinema Ticket, 1 person	$6.71	$5.96
👩‍⚕️ Doctor's visit	$49.1	$23.7
💇 Haircut, simple	$13.7	$5.26
👖 Brand Jeans	$54.3	$65.3
👟 Brand Sneakers	$90.2	$77.9
👶 Daycare or Preschool, 1 month	$437	$360
🏫 International Primary School, 1 year	$9531	$10066

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 Shaoyang

Distance	City	Cost of living
50 km or 31 mi	Lengshuijiang	$553
54 km or 34 mi	Lianyuan	$570
76 km or 47 mi	Loudi	$600
89 km or 55 mi	Yongzhou	$618
117 km or 73 mi	Hengyang	$611
151 km or 94 mi	Hongjiang	$558
153 km or 95 mi	Huaihua	$599
158 km or 98 mi	Xiangtan	$603
160 km or 99 mi	Ningxiang	$595
171 km or 107 mi	Yiyang	$611
178 km or 111 mi	Zhuzhou	$601
182 km or 113 mi	Changsha	$582
201 km or 125 mi	Changde	$497
205 km or 127 mi	Liling	$584
209 km or 130 mi	Jishou	$556
223 km or 138 mi	Chenzhou	$746
231 km or 143 mi	Zhangjiajie	$569
232 km or 144 mi	Tongren	$596
239 km or 148 mi	Pingxiang	$594
250 km or 155 mi	Guilin	$538
269 km or 167 mi	Jinshi	$552
286 km or 178 mi	Yueyang	$623
287 km or 179 mi	Lianzhou	$783
290 km or 180 mi	Shishou	$566
294 km or 183 mi	Yichun	$611
314 km or 195 mi	Hezhou	$780
315 km or 196 mi	Linxiang	$592
328 km or 204 mi	Songzi	$573
344 km or 214 mi	Shaoguan	$852
346 km or 215 mi	Xinyu	$590
346 km or 215 mi	Honghu	$612
347 km or 216 mi	Ji'an	$628
350 km or 217 mi	Yidu	$580
351 km or 218 mi	Jingzhou	$605
362 km or 225 mi	Chibi	$614
378 km or 235 mi	Ganzhou	$813
385 km or 239 mi	Liuzhou	$607
386 km or 240 mi	Yichang	$619
391 km or 243 mi	Enshi	$581
397 km or 246 mi	Xiantao	$610