Panama City vs Shenzhen - Cost of Living Comparison

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Livingcost

Panama City Shenzhen
🚶 Cost of living one person
$1590
$995
👨‍👩‍👧‍👦 Cost of living Family
$3556
$2526
🏠 One person rent
$946
$552
🏘️ Family rent
$1545
$975
🍽️ Food expenses
$439
$270
🚐 Transport expenses
$100
$87.1
💳 Monthly salary after tax
$973
$938
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
7 km
11 km
🎓 Higher education
42
95
😀 Quality of life
71
76
🏙️ Population
1.54M
17.5M

The cost of living in Panama City is 60% more expensive than in Shenzhen. Cities ranked 3634th and 5618th ($1590 vs $995) in the list of the most expensive cities in the world and ranked 1st and 10th 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 0.9 months in Shenzhen. Panama City ranked 1st best city to live in Panama vs Shenzhen ranked 4th in China, while ranked 3213th and 1163rd among best cities to live in the world.

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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
$9.69
$3.68
🥂 Dinner in a Restaurant, for 2
$45.4
$29.5
🥪 Fast food meal, equiv. McDonald's
$8.03
$5.15
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$1.47
☕ Cappuccino
$4.3
$2.93
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.82
$0.53
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1068
$701
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$747
$456
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1913
$1238
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1223
$826
🔌 Utility Bill one person, electricity, heating, water, etc.
$90.4
$35.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$140
$54.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.6
$11.5
🏦 Mortgage Interest Rate for 20 Years
6.27%
3.45%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3111
$13122
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1732
$6054
Transportation
🚌 Local transport ticket
$0.35
$0.44
🎟️ Monthly ticket local transport
$22.5
$22.2
🚕 Taxi Ride, 8 km or 5 mi
$14.7
$4.66
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.98
$1.23
Groceries
🥛 Milk, 1 L or 1 qt
$1.83
$1.69
🍞 Bread, 0.5 kg or 1.1 lb
$2.17
$1.82
🍚 Rice, 1 kg or 2.2 lb
$2.34
$1.25
🥚 Eggs, x12
$3.11
$1.76
🧀 Cheese, 1 kg or 2.2 lb
$12.1
$16.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.11
$3.65
🥩 Round Steak, 1 kg or 2.2 lb
$10.6
$14.6
🍏 Apples, 1 kg or 2.2 lb
$3.56
$2.14
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.53
🍊 Oranges, 1 kg or 2.2 lb
$3.7
$1.71
🍅 Tomato, 1 kg or 2.2 lb
$3.36
$1.36
🥔 Potato, 1 kg or 2.2 lb
$2.62
$1.07
🧅 Onion, 1 kg or 2.2 lb
$3.19
$1.3
🌊 Water, 1 L or 1 qt
$1.24
$0.38
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$1.14
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$13
🍺 Beer, 0.5 L or 16 fl oz
$1.35
$0.96
🚬 Cigarette pack
$5.95
$4.24
💊 Cold medicince, 1 week
$8.08
$5.62
🧴 Hair Shampoo
$7.95
$6.99
🧻 Toilet paper, 4 rolls
$2.92
$1.72
👄 Toothpaste, 1 tube
$3.05
$2.04
Other
🏋️ Gym Membership, 1 month
$41.9
$48.8
🎫 Cinema Ticket, 1 person
$7.52
$7.37
👩‍⚕️ Doctor's visit
$42.9
$34.9
💇 Haircut, simple
$14.5
$10.3
👖 Brand Jeans
$58.4
$39.8
👟 Brand Sneakers
$90.7
$70.7
👶 Daycare or Preschool, 1 month
$505
$510
🏫 International Primary School, 1 year
$11486
$21140

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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
$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 Shenzhen

Distance City Cost of living
28 km or 17 mi Kowloon
$2396
30 km or 19 mi Hong Kong
$2663
58 km or 36 mi Zhuhai
$678
65 km or 40 mi Dongguan
$694
66 km or 41 mi Macau
$1734
72 km or 45 mi Zhongshan
$548
74 km or 46 mi Huizhou
$638
100 km or 62 mi Jiangmen
$873
105 km or 65 mi Guangzhou
$785
112 km or 69 mi Foshan
$627
134 km or 83 mi Shanwei
$954
142 km or 88 mi Kaiping
$858
150 km or 93 mi Heyuan
$777
164 km or 102 mi Qingyuan
$801
174 km or 108 mi Zhaoqing
$807
212 km or 131 mi Yunfu
$839
228 km or 142 mi Yangjiang
$908
233 km or 145 mi Puning
$600
256 km or 159 mi Shaoguan
$793
262 km or 163 mi Jieyang
$473
286 km or 178 mi Shantou
$612
288 km or 179 mi Meizhou
$682
292 km or 182 mi Chaozhou
$474
299 km or 186 mi Wuzhou
$828
303 km or 188 mi Lianzhou
$766
330 km or 205 mi Hezhou
$778
337 km or 209 mi Gaozhou
$802
337 km or 210 mi Maoming
$797
377 km or 234 mi Ganzhou
$758
378 km or 235 mi Chenzhou
$739
401 km or 249 mi Yulin
$751
405 km or 252 mi Zhanjiang
$824
415 km or 258 mi Longyan
$705
428 km or 266 mi Zhangzhou
$702
460 km or 286 mi Guigang
$714
464 km or 288 mi Xiamen
$729
477 km or 297 mi Haikou
$711
485 km or 301 mi Kinmen
$892
489 km or 304 mi Guilin
$528
502 km or 312 mi Yongzhou
$648