Panama City vs Shaoyang - Cost of Living Comparison

Updated: June 21, 2026

	Panama City	Shaoyang
🚶 Cost of living one person	$1590	$605
👨‍👩‍👧‍👦 Cost of living Family	$3556	$1684
🏠 One person rent	$946	$218
🏘️ Family rent	$1545	$382
🍽️ Food expenses	$439	$234
🚐 Transport expenses	$100	$78.8
💳 Monthly salary after tax	$973	$827
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	7 km	20 km
🎓 Higher education	42	21
😀 Quality of life	71	46
🏙️ Population	1.54M	6.56M

The cost of living in Panama City is 163% more expensive than in Shaoyang. Cities ranked 3634th and 7943rd ($1590 vs $605) in the list of the most expensive cities in the world and ranked 1st and 243rd 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 1.4 months in Shaoyang. Panama City ranked 1st best city to live in Panama vs Shaoyang ranked 264th in China, while ranked 3213th and 7142nd among best cities to live in the world.

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the estimated difference in money purchasing power

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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	$9.69	$2.81
🥂 Dinner in a Restaurant, for 2	$45.4	$19.8
🥪 Fast food meal, equiv. McDonald's	$8.03	$4.86
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.93	$1.21
☕ Cappuccino	$4.3	$2.77
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.82	$0.45
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1068	$246
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$747	$155
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1913	$455
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1223	$285
🔌 Utility Bill one person, electricity, heating, water, etc.	$90.4	$33.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$140	$51.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$44.6	$11.2
🏦 Mortgage Interest Rate for 20 Years	6.27%	3.31%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3111	$3037
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1732	$1552
Transportation
🚌 Local transport ticket	$0.35	$0.34
🎟️ Monthly ticket local transport	$22.5	$21.2
🚕 Taxi Ride, 8 km or 5 mi	$14.7	$3.8
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.98	$1.18
Groceries
🥛 Milk, 1 L or 1 qt	$1.83	$1.83
🍞 Bread, 0.5 kg or 1.1 lb	$2.17	$1.93
🍚 Rice, 1 kg or 2.2 lb	$2.34	$0.98
🥚 Eggs, x12	$3.11	$1.67
🧀 Cheese, 1 kg or 2.2 lb	$12.1	$12.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.11	$3.66
🥩 Round Steak, 1 kg or 2.2 lb	$10.6	$11.5
🍏 Apples, 1 kg or 2.2 lb	$3.56	$2.2
🍌 Banana, 1 kg or 2.2 lb	$1.54	$1.29
🍊 Oranges, 1 kg or 2.2 lb	$3.7	$1.53
🍅 Tomato, 1 kg or 2.2 lb	$3.36	$1.48
🥔 Potato, 1 kg or 2.2 lb	$2.62	$0.87
🧅 Onion, 1 kg or 2.2 lb	$3.19	$1.11
🌊 Water, 1 L or 1 qt	$1.24	$0.33
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.37	$1.21
🍾 Wine (mid-priced), 750 mL bottle	$12.1	$12
🍺 Beer, 0.5 L or 16 fl oz	$1.35	$0.88
🚬 Cigarette pack	$5.95	$3.13
💊 Cold medicince, 1 week	$8.08	$4.43
🧴 Hair Shampoo	$7.95	$5.61
🧻 Toilet paper, 4 rolls	$2.92	$1.15
👄 Toothpaste, 1 tube	$3.05	$1.74
Other
🏋️ Gym Membership, 1 month	$41.9	$34.2
🎫 Cinema Ticket, 1 person	$7.52	$6.16
👩‍⚕️ Doctor's visit	$42.9	$24.8
💇 Haircut, simple	$14.5	$5.37
👖 Brand Jeans	$58.4	$55.9
👟 Brand Sneakers	$90.7	$70.4
👶 Daycare or Preschool, 1 month	$505	$415
🏫 International Primary School, 1 year	$11486	$13867

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	$1396
16 km or 9.9 mi	Tocumen	$1373
26 km or 16 mi	Pacora	$1361
34 km or 21 mi	La Chorrera	$982
59 km or 37 mi	Colon	$1185
108 km or 67 mi	Penonome	$1147
154 km or 96 mi	Chitre	$1144
190 km or 118 mi	Santiago de Veraguas	$1112
321 km or 199 mi	Turbo	$797
329 km or 204 mi	David	$909
398 km or 247 mi	Monteria	$733
403 km or 250 mi	Limon	$1228
406 km or 252 mi	Santa Cruz de Lorica	$789
452 km or 281 mi	Sincelejo	$586
463 km or 288 mi	Cartagena	$1186
483 km or 300 mi	Quibdo	$802
494 km or 307 mi	Cartago	$1361
513 km or 319 mi	San Jose	$1574
518 km or 322 mi	Heredia	$1471
521 km or 324 mi	Magangue	$727
526 km or 327 mi	Bello	$1012
529 km or 329 mi	Alajuela	$1362
530 km or 329 mi	Medellin	$1162
534 km or 332 mi	Envigado	$1041
558 km or 347 mi	Soledad	$967
559 km or 348 mi	Barranquilla	$931
595 km or 370 mi	Puntarenas	$872
617 km or 383 mi	Cartago	$769
617 km or 383 mi	Cienaga	$882
623 km or 387 mi	Manizales	$737
627 km or 390 mi	Santa Teresa	$1325
627 km or 390 mi	Pereira	$862
631 km or 392 mi	Santa Marta	$973
632 km or 393 mi	Buenaventura	$856
636 km or 395 mi	Minca	$891
651 km or 404 mi	Salento	$749
652 km or 405 mi	Armenia	$749
657 km or 408 mi	Tulua	$563
658 km or 409 mi	Barrancabermeja	$1001
675 km or 419 mi	Liberia	$1024

Cities near Shaoyang

Distance	City	Cost of living
50 km or 31 mi	Lengshuijiang	$556
54 km or 34 mi	Lianyuan	$569
76 km or 47 mi	Loudi	$589
89 km or 55 mi	Yongzhou	$648
117 km or 73 mi	Hengyang	$602
151 km or 94 mi	Hongjiang	$560
153 km or 95 mi	Huaihua	$593
158 km or 98 mi	Xiangtan	$518
160 km or 99 mi	Ningxiang	$586
171 km or 107 mi	Yiyang	$589
178 km or 111 mi	Zhuzhou	$564
182 km or 113 mi	Changsha	$622
201 km or 125 mi	Changde	$518
205 km or 127 mi	Liling	$571
209 km or 130 mi	Jishou	$560
223 km or 138 mi	Chenzhou	$739
231 km or 143 mi	Zhangjiajie	$571
232 km or 144 mi	Tongren	$593
239 km or 148 mi	Pingxiang	$609
250 km or 155 mi	Guilin	$528
269 km or 167 mi	Jinshi	$535
286 km or 178 mi	Yueyang	$608
287 km or 179 mi	Lianzhou	$766
290 km or 180 mi	Shishou	$565
294 km or 183 mi	Yichun	$610
314 km or 195 mi	Hezhou	$778
315 km or 196 mi	Linxiang	$583
328 km or 204 mi	Songzi	$570
344 km or 214 mi	Shaoguan	$793
346 km or 215 mi	Xinyu	$592
346 km or 215 mi	Honghu	$600
347 km or 216 mi	Ji'an	$632
350 km or 217 mi	Yidu	$556
351 km or 218 mi	Jingzhou	$623
362 km or 225 mi	Chibi	$600
378 km or 235 mi	Ganzhou	$758
385 km or 239 mi	Liuzhou	$601
386 km or 240 mi	Yichang	$578
391 km or 243 mi	Enshi	$582
397 km or 246 mi	Xiantao	$619