Panama City vs Shaoyang - Cost of Living Comparison

Updated: October 14, 2025

	Panama City	Shaoyang
🚶 Cost of living one person	$1560	$603
👨‍👩‍👧‍👦 Cost of living Family	$3547	$1608
🏠 One person rent	$943	$227
🏘️ Family rent	$1558	$387
🍽️ Food expenses	$429	$223
🚐 Transport expenses	$78.4	$76
💳 Monthly salary after tax	$982	$671
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	7 km	20 km
🎓 Higher education	43	24
😀 Quality of life	71	45
🏙️ Population	410K	6.56M

The cost of living in Panama City is 159% more expensive than in Shaoyang. Cities ranked 3737th and 7790th ($1560 vs $603) in the list of the most expensive cities in the world and ranked 1st and 167th 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 1.1 months in Shaoyang. Panama City ranked 1st best city to live in Panama vs Shaoyang ranked 264th in China, while ranked 3765th and 7090th 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	$10.6	$2.74
🥂 Dinner in a Restaurant, for 2	$45.7	$20.1
🥪 Fast food meal, equiv. McDonald's	$8.08	$4.71
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.93	$1.1
☕ Cappuccino	$4.03	$2.58
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.69	$0.45
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1015	$251
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$759	$166
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1675	$461
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1306	$293
🔌 Utility Bill one person, electricity, heating, water, etc.	$86.4	$30.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$133	$47.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.5	$13
🏦 Mortgage Interest Rate for 20 Years	6.41%	3.62%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2662	$2906
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1618	$2199
Transportation
🚌 Local transport ticket	$0.35	$0.32
🎟️ Monthly ticket local transport	$23.2	$20.6
🚕 Taxi Ride, 8 km or 5 mi	$20.5	$3.6
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.97	$1.15
Groceries
🥛 Milk, 1 L or 1 qt	$1.79	$1.84
🍞 Bread, 0.5 kg or 1.1 lb	$2.25	$1.91
🍚 Rice, 1 kg or 2.2 lb	$2.11	$0.93
🥚 Eggs, x12	$3.17	$1.61
🧀 Cheese, 1 kg or 2.2 lb	$11.7	$14.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.81	$3.1
🥩 Round Steak, 1 kg or 2.2 lb	$9.86	$10.1
🍏 Apples, 1 kg or 2.2 lb	$3.27	$1.71
🍌 Banana, 1 kg or 2.2 lb	$1.52	$1.22
🍊 Oranges, 1 kg or 2.2 lb	$3.27	$1.47
🍅 Tomato, 1 kg or 2.2 lb	$3.05	$1.43
🥔 Potato, 1 kg or 2.2 lb	$2.34	$0.83
🧅 Onion, 1 kg or 2.2 lb	$3.26	$1.16
🌊 Water, 1 L or 1 qt	$1.05	$0.31
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.44	$1.16
🍾 Wine (mid-priced), 750 mL bottle	$11.2	$11.9
🍺 Beer, 0.5 L or 16 fl oz	$1.38	$0.84
🚬 Cigarette pack	$5.92	$2.98
💊 Cold medicince, 1 week	$8.17	$4.22
🧴 Hair Shampoo	$8.06	$5.35
🧻 Toilet paper, 4 rolls	$2.98	$1.08
👄 Toothpaste, 1 tube	$3.05	$1.65
Other
🏋️ Gym Membership, 1 month	$42.6	$33.6
🎫 Cinema Ticket, 1 person	$7.32	$5.83
👩‍⚕️ Doctor's visit	$58.4	$23.5
💇 Haircut, simple	$14.3	$5.19
👖 Brand Jeans	$54	$64.6
👟 Brand Sneakers	$91.3	$73.3
👶 Daycare or Preschool, 1 month	$477	$343
🏫 International Primary School, 1 year	$15637	$10279

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 Shaoyang

Distance	City	Cost of living
50 km or 31 mi	Lengshuijiang	$551
54 km or 34 mi	Lianyuan	$564
76 km or 47 mi	Loudi	$584
89 km or 55 mi	Yongzhou	$634
117 km or 73 mi	Hengyang	$622
151 km or 94 mi	Hongjiang	$543
153 km or 95 mi	Huaihua	$571
158 km or 98 mi	Xiangtan	$527
160 km or 99 mi	Ningxiang	$569
171 km or 107 mi	Yiyang	$571
178 km or 111 mi	Zhuzhou	$595
182 km or 113 mi	Changsha	$592
201 km or 125 mi	Changde	$487
205 km or 127 mi	Liling	$584
209 km or 130 mi	Jishou	$537
223 km or 138 mi	Chenzhou	$750
231 km or 143 mi	Zhangjiajie	$545
232 km or 144 mi	Tongren	$568
239 km or 148 mi	Pingxiang	$612
250 km or 155 mi	Guilin	$546
269 km or 167 mi	Jinshi	$511
286 km or 178 mi	Yueyang	$595
287 km or 179 mi	Lianzhou	$765
290 km or 180 mi	Shishou	$547
294 km or 183 mi	Yichun	$618
314 km or 195 mi	Hezhou	$766
315 km or 196 mi	Linxiang	$572
328 km or 204 mi	Songzi	$548
344 km or 214 mi	Shaoguan	$818
346 km or 215 mi	Xinyu	$593
346 km or 215 mi	Honghu	$587
347 km or 216 mi	Ji'an	$660
350 km or 217 mi	Yidu	$534
351 km or 218 mi	Jingzhou	$596
362 km or 225 mi	Chibi	$590
378 km or 235 mi	Ganzhou	$897
385 km or 239 mi	Liuzhou	$574
386 km or 240 mi	Yichang	$578
391 km or 243 mi	Enshi	$558
397 km or 246 mi	Xiantao	$599