Panama City vs Shenyang - Cost of Living Comparison

Updated: June 21, 2026

	Panama City	Shenyang
🚶 Cost of living one person	$1590	$612
👨‍👩‍👧‍👦 Cost of living Family	$3556	$1804
🏠 One person rent	$946	$235
🏘️ Family rent	$1545	$404
🍽️ Food expenses	$439	$239
🚐 Transport expenses	$100	$68.4
💳 Monthly salary after tax	$973	$1093
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	7 km	6 km
🎓 Higher education	42	74
😀 Quality of life	71	58
🏙️ Population	1.54M	9.07M

The cost of living in Panama City is 160% more expensive than in Shenyang. Cities ranked 3634th and 7878th ($1590 vs $612) in the list of the most expensive cities in the world and ranked 1st and 221st 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 1.8 months in Shenyang. Panama City ranked 1st best city to live in Panama vs Shenyang ranked 49th in China, while ranked 3213th and 6059th 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 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	$9.69	$2.78
🥂 Dinner in a Restaurant, for 2	$45.4	$18.4
🥪 Fast food meal, equiv. McDonald's	$8.03	$4.92
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.93	$0.98
☕ Cappuccino	$4.3	$2.85
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.82	$0.46
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1068	$223
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$747	$169
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1913	$404
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1223	$308
🔌 Utility Bill one person, electricity, heating, water, etc.	$90.4	$38.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$140	$60
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$44.6	$16.4
🏦 Mortgage Interest Rate for 20 Years	6.27%	4.61%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3111	$2242
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1732	$1294
Transportation
🚌 Local transport ticket	$0.35	$0.37
🎟️ Monthly ticket local transport	$22.5	$14.3
🚕 Taxi Ride, 8 km or 5 mi	$14.7	$3.7
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.98	$1.16
Groceries
🥛 Milk, 1 L or 1 qt	$1.83	$1.83
🍞 Bread, 0.5 kg or 1.1 lb	$2.17	$2.05
🍚 Rice, 1 kg or 2.2 lb	$2.34	$1.15
🥚 Eggs, x12	$3.11	$1.09
🧀 Cheese, 1 kg or 2.2 lb	$12.1	$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.11	$3.5
🥩 Round Steak, 1 kg or 2.2 lb	$10.6	$11.8
🍏 Apples, 1 kg or 2.2 lb	$3.56	$1.92
🍌 Banana, 1 kg or 2.2 lb	$1.54	$1.18
🍊 Oranges, 1 kg or 2.2 lb	$3.7	$1.01
🍅 Tomato, 1 kg or 2.2 lb	$3.36	$1.44
🥔 Potato, 1 kg or 2.2 lb	$2.62	$0.65
🧅 Onion, 1 kg or 2.2 lb	$3.19	$0.67
🌊 Water, 1 L or 1 qt	$1.24	$0.44
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.37	$1.1
🍾 Wine (mid-priced), 750 mL bottle	$12.1	$14
🍺 Beer, 0.5 L or 16 fl oz	$1.35	$0.67
🚬 Cigarette pack	$5.95	$3.27
💊 Cold medicince, 1 week	$8.08	$8.11
🧴 Hair Shampoo	$7.95	$6.89
🧻 Toilet paper, 4 rolls	$2.92	$1.14
👄 Toothpaste, 1 tube	$3.05	$1.12
Other
🏋️ Gym Membership, 1 month	$41.9	$21.8
🎫 Cinema Ticket, 1 person	$7.52	$6.27
👩‍⚕️ Doctor's visit	$42.9	$22
💇 Haircut, simple	$14.5	$6.41
👖 Brand Jeans	$58.4	$48.8
👟 Brand Sneakers	$90.7	$68.8
👶 Daycare or Preschool, 1 month	$505	$493
🏫 International Primary School, 1 year	$11486	$22712

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 Shenyang

Distance	City	Cost of living
39 km or 24 mi	Fushun	$499
43 km or 27 mi	Dengta	$537
54 km or 34 mi	Xinmin	$567
63 km or 39 mi	Tieling	$549
63 km or 39 mi	Benxi	$474
63 km or 39 mi	Liaoyang	$519
71 km or 44 mi	Diaobingshan	$548
86 km or 53 mi	Anshan	$457
96 km or 60 mi	Kaiyuan	$552
120 km or 75 mi	Haicheng	$512
138 km or 85 mi	Beizhen	$556
149 km or 93 mi	Fuxin	$578
151 km or 94 mi	Dashiqiao	$528
159 km or 99 mi	Fengcheng	$526
161 km or 100 mi	Yingkou	$540
170 km or 106 mi	Siping	$559
180 km or 112 mi	Gaizhou	$539
186 km or 116 mi	Liaoyuan	$549
186 km or 116 mi	Linghai	$573
190 km or 118 mi	Shuangliao	$550
202 km or 126 mi	Meihekou	$549
204 km or 127 mi	Dandong	$541
206 km or 128 mi	Jinzhou	$603
206 km or 128 mi	Sinuiju	$1572
220 km or 137 mi	Gongzhuling	$491
221 km or 137 mi	Beipiao	$582
223 km or 138 mi	Tongliao	$579
223 km or 139 mi	Donggang	$540
238 km or 148 mi	Zhuanghe	$572
242 km or 150 mi	Ji'an	$529
248 km or 154 mi	Baishan	$555
249 km or 154 mi	Chaoyang	$615
250 km or 155 mi	Panshi	$551
251 km or 156 mi	Kusong	$1550
262 km or 163 mi	Xingcheng	$593
270 km or 168 mi	Wafangdian	$619
274 km or 170 mi	Changchun	$607
281 km or 174 mi	Kanggye	$1556
288 km or 179 mi	Chongju	$1544
289 km or 180 mi	Linjiang	$532