Panama City vs Shaoyang - Cost of Living Comparison

Updated: March 02, 2025

	Panama City	Shaoyang
🚶 Cost of living one person	$1479	$592
👨‍👩‍👧‍👦 Cost of living Family	$3609	$1661
🏠 One person rent	$846	$209
🏘️ Family rent	$1592	$411
🍽️ Food expenses	$440	$227
🚐 Transport expenses	$83	$74.7
💳 Monthly salary after tax	$967	$709
😷 Air quality	Good	Bad
✈️ Airport proximity	7 km	20 km
🎓 Higher education	42	24
😀 Quality of life	67	39
🏙️ Population	881K	6.56M

The cost of living in Panama City is 150% more expensive than in Shaoyang. Cities ranked 3517th and 7740th ($1479 vs $592) in the list of the most expensive cities in the world and ranked 1st and 263rd 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 3734th and 7044th 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	$10.4	$2.82
🥂 Dinner in a Restaurant, for 2	$48.5	$20.1
🥪 Fast food meal, equiv. McDonald's	$8.06	$4.68
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$1.13
☕ Cappuccino	$3.99	$2.97
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.66	$0.41
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$891	$225
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$681	$151
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1749	$521
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1344	$307
🔌 Utility Bill one person, electricity, heating, water, etc.	$78	$30.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$121	$47.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$12.8
🏦 Mortgage Interest Rate for 20 Years	6.28%	3.88%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2551	$3334
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1632	$2970
Transportation
🚌 Local transport ticket	$0.42	$0.32
🎟️ Monthly ticket local transport	$23.2	$20.2
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$3.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.96	$1.14
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$1.81
🍞 Bread, 0.5 kg or 1.1 lb	$2.19	$1.89
🍚 Rice, 1 kg or 2.2 lb	$2.33	$0.95
🥚 Eggs, x12	$2.77	$1.71
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.09	$3.29
🥩 Round Steak, 1 kg or 2.2 lb	$9.99	$10.5
🍏 Apples, 1 kg or 2.2 lb	$3.44	$1.77
🍌 Banana, 1 kg or 2.2 lb	$1.58	$1.24
🍊 Oranges, 1 kg or 2.2 lb	$2.89	$1.58
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$1.44
🥔 Potato, 1 kg or 2.2 lb	$2.23	$0.89
🧅 Onion, 1 kg or 2.2 lb	$2.8	$1.29
🌊 Water, 1 L or 1 qt	$1.07	$0.32
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.31	$1.13
🍾 Wine (mid-priced), 750 mL bottle	$10	$12.7
🍺 Beer, 0.5 L or 16 fl oz	$1.29	$0.82
🚬 Cigarette pack	$5.98	$2.96
💊 Cold medicince, 1 week	$11.7	$4.15
🧴 Hair Shampoo	$7.94	$5.22
🧻 Toilet paper, 4 rolls	$3.37	$1.07
👄 Toothpaste, 1 tube	$3.71	$1.62
Other
🏋️ Gym Membership, 1 month	$45.3	$32.6
🎫 Cinema Ticket, 1 person	$7.22	$5.8
👩‍⚕️ Doctor's visit	$54.5	$23.5
💇 Haircut, simple	$12.9	$5.16
👖 Brand Jeans	$56.8	$70.8
👟 Brand Sneakers	$93.2	$81.5
👶 Daycare or Preschool, 1 month	$477	$340
🏫 International Primary School, 1 year	$13616	$11393

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	$1328
16 km or 9.9 mi	Tocumen	$1310
26 km or 16 mi	Pacora	$1304
34 km or 21 mi	La Chorrera	$957
59 km or 37 mi	Colon	$1172
108 km or 67 mi	Penonome	$1116
154 km or 96 mi	Chitre	$1117
190 km or 118 mi	Santiago de Veraguas	$1089
321 km or 199 mi	Turbo	$664
329 km or 204 mi	David	$890
398 km or 247 mi	Monteria	$645
403 km or 250 mi	Limon	$1225
406 km or 252 mi	Santa Cruz de Lorica	$669
452 km or 281 mi	Sincelejo	$524
463 km or 288 mi	Cartagena	$760
483 km or 300 mi	Quibdo	$705
494 km or 307 mi	Cartago	$1024
513 km or 319 mi	San Jose	$1324
518 km or 322 mi	Heredia	$1296
521 km or 324 mi	Magangue	$604
526 km or 327 mi	Bello	$839
529 km or 329 mi	Alajuela	$1269
530 km or 329 mi	Medellin	$906
534 km or 332 mi	Envigado	$897
558 km or 347 mi	Soledad	$741
559 km or 348 mi	Barranquilla	$773
595 km or 370 mi	Puntarenas	$801
617 km or 383 mi	Cartago	$649
617 km or 383 mi	Cienaga	$742
623 km or 387 mi	Manizales	$653
627 km or 390 mi	Santa Teresa	$1213
627 km or 390 mi	Pereira	$680
631 km or 392 mi	Santa Marta	$837
632 km or 393 mi	Buenaventura	$742
636 km or 395 mi	Minca	$759
651 km or 404 mi	Salento	$605
652 km or 405 mi	Armenia	$598
657 km or 408 mi	Tulua	$513
658 km or 409 mi	Barrancabermeja	$1031
675 km or 419 mi	Liberia	$932

Cities near Shaoyang

Distance	City	Cost of living
50 km or 31 mi	Lengshuijiang	$536
54 km or 34 mi	Lianyuan	$553
76 km or 47 mi	Loudi	$579
89 km or 55 mi	Yongzhou	$609
117 km or 73 mi	Hengyang	$590
151 km or 94 mi	Hongjiang	$543
153 km or 95 mi	Huaihua	$579
158 km or 98 mi	Xiangtan	$582
160 km or 99 mi	Ningxiang	$570
171 km or 107 mi	Yiyang	$586
178 km or 111 mi	Zhuzhou	$575
182 km or 113 mi	Changsha	$577
201 km or 125 mi	Changde	$480
205 km or 127 mi	Liling	$563
209 km or 130 mi	Jishou	$539
223 km or 138 mi	Chenzhou	$724
231 km or 143 mi	Zhangjiajie	$552
232 km or 144 mi	Tongren	$573
239 km or 148 mi	Pingxiang	$577
250 km or 155 mi	Guilin	$522
269 km or 167 mi	Jinshi	$533
286 km or 178 mi	Yueyang	$596
287 km or 179 mi	Lianzhou	$755
290 km or 180 mi	Shishou	$549
294 km or 183 mi	Yichun	$590
314 km or 195 mi	Hezhou	$758
315 km or 196 mi	Linxiang	$569
328 km or 204 mi	Songzi	$556
344 km or 214 mi	Shaoguan	$818
346 km or 215 mi	Xinyu	$564
346 km or 215 mi	Honghu	$589
347 km or 216 mi	Ji'an	$600
350 km or 217 mi	Yidu	$561
351 km or 218 mi	Jingzhou	$591
362 km or 225 mi	Chibi	$591
378 km or 235 mi	Ganzhou	$761
385 km or 239 mi	Liuzhou	$579
386 km or 240 mi	Yichang	$602
391 km or 243 mi	Enshi	$575
397 km or 246 mi	Xiantao	$600