Panama City vs Shenyang - Cost of Living Comparison

Updated: March 02, 2025

	Panama City	Shenyang
🚶 Cost of living one person	$1479	$539
👨‍👩‍👧‍👦 Cost of living Family	$3609	$1763
🏠 One person rent	$846	$191
🏘️ Family rent	$1592	$427
🍽️ Food expenses	$440	$220
🚐 Transport expenses	$83	$62.4
💳 Monthly salary after tax	$967	$723
😷 Air quality	Good	Moderate
✈️ Airport proximity	7 km	6 km
🎓 Higher education	42	85
😀 Quality of life	67	68
🏙️ Population	881K	9.07M

The cost of living in Panama City is 174% more expensive than in Shenyang. Cities ranked 3517th and 8334th ($1479 vs $539) in the list of the most expensive cities in the world and ranked 1st and 454th 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 1.3 months in Shenyang. Panama City ranked 1st best city to live in Panama vs Shenyang ranked 24th in China, while ranked 3734th and 3343rd among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Panama City vs Shenyang infographic

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Prices in Panama City vs Shenyang

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

	Panama City	Shenyang
Eating Out
🍱 Lunch Menu	$10.4	$2.77
🥂 Dinner in a Restaurant, for 2	$48.5	$20.7
🥪 Fast food meal, equiv. McDonald's	$8.06	$4.81
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.97	$0.83
☕ Cappuccino	$3.99	$2.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.66	$0.46
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$891	$207
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$681	$129
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1749	$502
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1344	$328
🔌 Utility Bill one person, electricity, heating, water, etc.	$78	$32.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$121	$50
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$45.4	$13.9
🏦 Mortgage Interest Rate for 20 Years	6.28%	5.25%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2551	$1913
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1632	$1252
Transportation
🚌 Local transport ticket	$0.42	$0.28
🎟️ Monthly ticket local transport	$23.2	$11.8
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$3.47
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.96	$1.14
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$1.83
🍞 Bread, 0.5 kg or 1.1 lb	$2.19	$1.89
🍚 Rice, 1 kg or 2.2 lb	$2.33	$0.99
🥚 Eggs, x12	$2.77	$1.02
🧀 Cheese, 1 kg or 2.2 lb	$12.4	$9.67
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.09	$2.78
🥩 Round Steak, 1 kg or 2.2 lb	$9.99	$12
🍏 Apples, 1 kg or 2.2 lb	$3.44	$1.17
🍌 Banana, 1 kg or 2.2 lb	$1.58	$1.15
🍊 Oranges, 1 kg or 2.2 lb	$2.89	$1.01
🍅 Tomato, 1 kg or 2.2 lb	$2.94	$1.25
🥔 Potato, 1 kg or 2.2 lb	$2.23	$0.55
🧅 Onion, 1 kg or 2.2 lb	$2.8	$0.79
🌊 Water, 1 L or 1 qt	$1.07	$0.43
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.31	$1
🍾 Wine (mid-priced), 750 mL bottle	$10	$10.6
🍺 Beer, 0.5 L or 16 fl oz	$1.29	$0.64
🚬 Cigarette pack	$5.98	$3.11
💊 Cold medicince, 1 week	$11.7	$6.97
🧴 Hair Shampoo	$7.94	$6.05
🧻 Toilet paper, 4 rolls	$3.37	$1.66
👄 Toothpaste, 1 tube	$3.71	$1.09
Other
🏋️ Gym Membership, 1 month	$45.3	$20.8
🎫 Cinema Ticket, 1 person	$7.22	$4.84
👩‍⚕️ Doctor's visit	$54.5	$20.8
💇 Haircut, simple	$12.9	$4.45
👖 Brand Jeans	$56.8	$56.4
👟 Brand Sneakers	$93.2	$69
👶 Daycare or Preschool, 1 month	$477	$466
🏫 International Primary School, 1 year	$13616	$24404

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 Shenyang

Distance	City	Cost of living
39 km or 24 mi	Fushun	$459
43 km or 27 mi	Dengta	$495
54 km or 34 mi	Xinmin	$514
63 km or 39 mi	Tieling	$520
63 km or 39 mi	Benxi	$455
63 km or 39 mi	Liaoyang	$500
71 km or 44 mi	Diaobingshan	$508
86 km or 53 mi	Anshan	$496
96 km or 60 mi	Kaiyuan	$514
120 km or 75 mi	Haicheng	$500
138 km or 85 mi	Beizhen	$524
149 km or 93 mi	Fuxin	$543
151 km or 94 mi	Dashiqiao	$508
159 km or 99 mi	Fengcheng	$492
161 km or 100 mi	Yingkou	$517
170 km or 106 mi	Siping	$524
180 km or 112 mi	Gaizhou	$517
186 km or 116 mi	Liaoyuan	$516
186 km or 116 mi	Linghai	$542
190 km or 118 mi	Shuangliao	$509
202 km or 126 mi	Meihekou	$513
204 km or 127 mi	Dandong	$503
206 km or 128 mi	Jinzhou	$581
206 km or 128 mi	Sinuiju	$1572
220 km or 137 mi	Gongzhuling	$461
221 km or 137 mi	Beipiao	$549
223 km or 138 mi	Tongliao	$538
223 km or 139 mi	Donggang	$505
238 km or 148 mi	Zhuanghe	$543
242 km or 150 mi	Ji'an	$493
248 km or 154 mi	Baishan	$520
249 km or 154 mi	Chaoyang	$586
250 km or 155 mi	Panshi	$517
251 km or 156 mi	Kusong	$1549
262 km or 163 mi	Xingcheng	$574
270 km or 168 mi	Wafangdian	$585
274 km or 170 mi	Changchun	$573
281 km or 174 mi	Kanggye	$1553
288 km or 179 mi	Chongju	$1547
289 km or 180 mi	Linjiang	$500