Panama City vs Shenzhen - Cost of Living Comparison

Updated:

Livingcost

Panama City Shenzhen
🚶 Cost of living one person
$1583
$939
👨‍👩‍👧‍👦 Cost of living Family
$3567
$2444
🏠 One person rent
$976
$507
🏘️ Family rent
$1633
$900
🍽️ Food expenses
$432
$261
🚐 Transport expenses
$69.1
$83.8
💳 Monthly salary after tax
$936
$1024
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
7 km
11 km
🎓 Higher education
42
95
😀 Quality of life
69
77
🏙️ Population
410K
17.5M

The cost of living in Panama City is 69% more expensive than in Shenzhen. Cities ranked 3744th and 6106th ($1583 vs $939) in the list of the most expensive cities in the world and ranked 1st and 12th 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 Shenzhen. Panama City ranked 1st best city to live in Panama vs Shenzhen ranked 3rd in China, while ranked 4400th and 1113th 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 Shenzhen

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

Panama City Shenzhen
Eating Out
🍱 Lunch Menu
$10.6
$3.57
🥂 Dinner in a Restaurant, for 2
$45.3
$28.6
🥪 Fast food meal, equiv. McDonald's
$7.39
$4.49
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.97
$1.45
☕ Cappuccino
$3.94
$3.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.71
$0.51
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1062
$652
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$794
$403
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1911
$1182
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1347
$735
🔌 Utility Bill one person, electricity, heating, water, etc.
$82.5
$41.3
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$128
$63.2
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$45.4
$12.5
🏦 Mortgage Interest Rate for 20 Years
6.26%
3.65%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3048
$13180
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1725
$5913
Transportation
🚌 Local transport ticket
$0.35
$0.43
🎟️ Monthly ticket local transport
$22.2
$21.7
🚕 Taxi Ride, 8 km or 5 mi
$17.4
$4.54
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.93
$1.14
Groceries
🥛 Milk, 1 L or 1 qt
$1.84
$1.75
🍞 Bread, 0.5 kg or 1.1 lb
$2.23
$1.86
🍚 Rice, 1 kg or 2.2 lb
$2.33
$1.17
🥚 Eggs, x12
$3.26
$1.86
🧀 Cheese, 1 kg or 2.2 lb
$11.2
$14.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.57
$3.7
🥩 Round Steak, 1 kg or 2.2 lb
$9.64
$13.7
🍏 Apples, 1 kg or 2.2 lb
$3.53
$1.99
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.44
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$1.61
🍅 Tomato, 1 kg or 2.2 lb
$3.03
$1.26
🥔 Potato, 1 kg or 2.2 lb
$2.46
$1.01
🧅 Onion, 1 kg or 2.2 lb
$3.74
$1.36
🌊 Water, 1 L or 1 qt
$1.16
$0.4
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.41
$1.13
🍾 Wine (mid-priced), 750 mL bottle
$11.6
$13.3
🍺 Beer, 0.5 L or 16 fl oz
$1.44
$0.94
🚬 Cigarette pack
$6.04
$3.7
💊 Cold medicince, 1 week
$8.16
$5.47
🧴 Hair Shampoo
$8.03
$7.02
🧻 Toilet paper, 4 rolls
$2.96
$1.71
👄 Toothpaste, 1 tube
$3.04
$2
Other
🏋️ Gym Membership, 1 month
$42.8
$49.9
🎫 Cinema Ticket, 1 person
$7.3
$7.18
👩‍⚕️ Doctor's visit
$50.2
$34.1
💇 Haircut, simple
$14.5
$10.3
👖 Brand Jeans
$53.6
$46.5
👟 Brand Sneakers
$91.3
$73.4
👶 Daycare or Preschool, 1 month
$503
$510
🏫 International Primary School, 1 year
$13402
$22916

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Cost of Living in the nearest cities

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1425
16 km or 9.9 mi Tocumen
$1403
26 km or 16 mi Pacora
$1395
34 km or 21 mi La Chorrera
$977
59 km or 37 mi Colon
$1179
108 km or 67 mi Penonome
$1153
154 km or 96 mi Chitre
$1154
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$764
329 km or 204 mi David
$922
398 km or 247 mi Monteria
$703
403 km or 250 mi Limon
$1332
406 km or 252 mi Santa Cruz de Lorica
$764
452 km or 281 mi Sincelejo
$572
463 km or 288 mi Cartagena
$1155
483 km or 300 mi Quibdo
$757
494 km or 307 mi Cartago
$1290
513 km or 319 mi San Jose
$1454
518 km or 322 mi Heredia
$1378
521 km or 324 mi Magangue
$707
526 km or 327 mi Bello
$915
529 km or 329 mi Alajuela
$1323
530 km or 329 mi Medellin
$1071
534 km or 332 mi Envigado
$992
558 km or 347 mi Soledad
$950
559 km or 348 mi Barranquilla
$909
595 km or 370 mi Puntarenas
$825
617 km or 383 mi Cartago
$738
617 km or 383 mi Cienaga
$874
623 km or 387 mi Manizales
$717
627 km or 390 mi Santa Teresa
$1273
627 km or 390 mi Pereira
$789
631 km or 392 mi Santa Marta
$971
632 km or 393 mi Buenaventura
$825
636 km or 395 mi Minca
$887
651 km or 404 mi Salento
$709
652 km or 405 mi Armenia
$719
657 km or 408 mi Tulua
$537
658 km or 409 mi Barrancabermeja
$1040
675 km or 419 mi Liberia
$957

Cities near Shenzhen

Distance City Cost of living
28 km or 17 mi Kowloon
$2415
30 km or 19 mi Hong Kong
$2674
58 km or 36 mi Zhuhai
$674
65 km or 40 mi Dongguan
$666
66 km or 41 mi Macau
$1718
72 km or 45 mi Zhongshan
$534
74 km or 46 mi Huizhou
$621
100 km or 62 mi Jiangmen
$848
105 km or 65 mi Guangzhou
$782
112 km or 69 mi Foshan
$611
134 km or 83 mi Shanwei
$943
142 km or 88 mi Kaiping
$844
150 km or 93 mi Heyuan
$765
164 km or 102 mi Qingyuan
$795
174 km or 108 mi Zhaoqing
$807
212 km or 131 mi Yunfu
$832
228 km or 142 mi Yangjiang
$896
233 km or 145 mi Puning
$589
256 km or 159 mi Shaoguan
$807
262 km or 163 mi Jieyang
$464
286 km or 178 mi Shantou
$602
288 km or 179 mi Meizhou
$673
292 km or 182 mi Chaozhou
$465
299 km or 186 mi Wuzhou
$816
303 km or 188 mi Lianzhou
$760
330 km or 205 mi Hezhou
$769
337 km or 209 mi Gaozhou
$790
337 km or 210 mi Maoming
$789
377 km or 234 mi Ganzhou
$814
378 km or 235 mi Chenzhou
$730
401 km or 249 mi Yulin
$738
405 km or 252 mi Zhanjiang
$805
415 km or 258 mi Longyan
$698
428 km or 266 mi Zhangzhou
$696
460 km or 286 mi Guigang
$699
464 km or 288 mi Xiamen
$723
477 km or 297 mi Haikou
$694
485 km or 301 mi Kinmen
$903
489 km or 304 mi Guilin
$533
502 km or 312 mi Yongzhou
$638