Panama City vs Shaoyang - Cost of Living Comparison

Updated: March 01, 2024

	Panama City	Shaoyang
🚶 Cost of living one person	$1316	$577
👨‍👩‍👧‍👦 Cost of living Family	$3171	$1601
🏠 One person rent	$709	$212
🏘️ Family rent	$1291	$402
🍽️ Food expenses	$426	$220
🚐 Transport expenses	$78	$75
💳 Monthly salary after tax	$901	$720
😷 Air quality	Moderate	Moderate
✈️ Airport proximity	7 km	20 km
🎓 Higher education	42	24
😀 Quality of life	67	43
🏙️ Population	881K	6.56M

The cost of living in Panama City is 128% more expensive than in Shaoyang. Cities ranked 4138th and 7871st ($1316 vs $577) in the list of the most expensive cities in the world and ranked 1st and 396th 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 236th in China, while ranked 3926th and 6810th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Panama City vs Shaoyang infographic

Share this infographic!

Use the link below to embed the infographic from our site and automatically keep the data layer up to date.

If you prefer to download the image, please credit us as a source.

<img src="https://livingcost.org/assets/photo/cost/panama-city/shaoyang.jpg" alt="Cost of living in Panama City vs Shaoyang infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/panama-city/shaoyang" target="_blank">Panama City vs Shaoyang - Cost of Living Comparison</a></p>

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	$11.5	$2.99
🥂 Dinner in a Restaurant, for 2	$51.8	$17.2
🥪 Fast food meal, equiv. McDonald's	$7.97	$4.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.6	$1.26
☕ Cappuccino	$4.35	$3.1
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.75	$0.44
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$836	$246
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$520	$150
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1703	$637
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$980	$269
🔌 Utility Bill one person, electricity, heating, water, etc.	$78.2	$28.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$119	$44.9
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$47.6	$14.1
🏦 Mortgage Interest Rate for 20 Years	5.97%	4.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2399	$3499
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1457	$3103
Transportation
🚌 Local transport ticket	$0.35	$0.34
🎟️ Monthly ticket local transport	$25.9	$21.4
🚕 Taxi Ride, 8 km or 5 mi	$12	$3.35
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.06	$1.11
Groceries
🥛 Milk, 1 L or 1 qt	$1.76	$1.74
🍞 Bread, 0.5 kg or 1.1 lb	$2.11	$1.44
🍚 Rice, 1 kg or 2.2 lb	$1.71	$1.04
🥚 Eggs, x12	$2.63	$1.82
🧀 Cheese, 1 kg or 2.2 lb	$11.9	$10.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.45	$3.73
🥩 Round Steak, 1 kg or 2.2 lb	$8.87	$12.3
🍏 Apples, 1 kg or 2.2 lb	$2.91	$1.47
🍌 Banana, 1 kg or 2.2 lb	$1.37	$1.25
🍊 Oranges, 1 kg or 2.2 lb	$2.8	$1.58
🍅 Tomato, 1 kg or 2.2 lb	$2.81	$1.4
🥔 Potato, 1 kg or 2.2 lb	$2.1	$0.96
🧅 Onion, 1 kg or 2.2 lb	$2.02	$1.15
🌊 Water, 1 L or 1 qt	$0.98	$0.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.59	$1.14
🍾 Wine (mid-priced), 750 mL bottle	$9.98	$11.5
🍺 Beer, 0.5 L or 16 fl oz	$1.14	$0.73
🚬 Cigarette pack	$5.88	$2.79
💊 Cold medicince, 1 week	$9.43	$4.12
🧴 Hair Shampoo	$7.05	$5.31
🧻 Toilet paper, 4 rolls	$3.43	$1.08
👄 Toothpaste, 1 tube	$3.7	$1.61
Other
🏋️ Gym Membership, 1 month	$42	$28.6
🎫 Cinema Ticket, 1 person	$6.85	$5.58
👩‍⚕️ Doctor's visit	$48.6	$23.7
💇 Haircut, simple	$13.5	$5.15
👖 Brand Jeans	$54.3	$56.2
👟 Brand Sneakers	$86.9	$65.2
👶 Daycare or Preschool, 1 month	$408	$357
🏫 International Primary School, 1 year	$9581	$11076

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	$1189
16 km or 9.9 mi	Tocumen	$1171
26 km or 16 mi	Pacora	$1182
34 km or 21 mi	La Chorrera	$917
59 km or 37 mi	Colon	$1157
108 km or 67 mi	Penonome	$940
154 km or 96 mi	Chitre	$980
190 km or 118 mi	Santiago de Veraguas	$961
321 km or 199 mi	Turbo	$624
329 km or 204 mi	David	$789
398 km or 247 mi	Monteria	$633
403 km or 250 mi	Limon	$1147
406 km or 252 mi	Santa Cruz de Lorica	$573
452 km or 281 mi	Sincelejo	$536
463 km or 288 mi	Cartagena	$877
483 km or 300 mi	Quibdo	$649
494 km or 307 mi	Cartago	$1009
513 km or 319 mi	San Jose	$1169
518 km or 322 mi	Heredia	$1040
521 km or 324 mi	Magangue	$582
526 km or 327 mi	Bello	$778
529 km or 329 mi	Alajuela	$1163
530 km or 329 mi	Medellin	$867
534 km or 332 mi	Envigado	$812
558 km or 347 mi	Soledad	$851
559 km or 348 mi	Barranquilla	$780
595 km or 370 mi	Puntarenas	$1024
617 km or 383 mi	Cartago	$639
617 km or 383 mi	Cienaga	$661
623 km or 387 mi	Manizales	$727
627 km or 390 mi	Santa Teresa	$1114
627 km or 390 mi	Pereira	$639
631 km or 392 mi	Santa Marta	$705
632 km or 393 mi	Buenaventura	$552
636 km or 395 mi	Minca	$655
651 km or 404 mi	Salento	$567
652 km or 405 mi	Armenia	$551
657 km or 408 mi	Tulua	$493
658 km or 409 mi	Barrancabermeja	$592
675 km or 419 mi	Liberia	$1220

Cities near Shaoyang

Distance	City	Cost of living
50 km or 31 mi	Lengshuijiang	$538
54 km or 34 mi	Lianyuan	$554
76 km or 47 mi	Loudi	$570
89 km or 55 mi	Yongzhou	$584
117 km or 73 mi	Hengyang	$530
151 km or 94 mi	Hongjiang	$549
153 km or 95 mi	Huaihua	$585
158 km or 98 mi	Xiangtan	$578
160 km or 99 mi	Ningxiang	$555
171 km or 107 mi	Yiyang	$575
178 km or 111 mi	Zhuzhou	$585
182 km or 113 mi	Changsha	$533
201 km or 125 mi	Changde	$579
205 km or 127 mi	Liling	$565
209 km or 130 mi	Jishou	$548
223 km or 138 mi	Chenzhou	$752
231 km or 143 mi	Zhangjiajie	$579
232 km or 144 mi	Tongren	$584
239 km or 148 mi	Pingxiang	$573
250 km or 155 mi	Guilin	$525
269 km or 167 mi	Jinshi	$558
286 km or 178 mi	Yueyang	$604
287 km or 179 mi	Lianzhou	$774
290 km or 180 mi	Shishou	$574
294 km or 183 mi	Yichun	$587
314 km or 195 mi	Hezhou	$785
315 km or 196 mi	Linxiang	$583
328 km or 204 mi	Songzi	$580
344 km or 214 mi	Shaoguan	$856
346 km or 215 mi	Xinyu	$581
346 km or 215 mi	Honghu	$602
347 km or 216 mi	Ji'an	$613
350 km or 217 mi	Yidu	$574
351 km or 218 mi	Jingzhou	$609
362 km or 225 mi	Chibi	$596
378 km or 235 mi	Ganzhou	$812
385 km or 239 mi	Liuzhou	$596
386 km or 240 mi	Yichang	$599
391 km or 243 mi	Enshi	$577
397 km or 246 mi	Xiantao	$586