Panama City vs Shenzhen - Cost of Living Comparison

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Livingcost

Panama City Shenzhen
🚶 Cost of living one person
$1384
$958
👨‍👩‍👧‍👦 Cost of living Family
$3435
$2895
🏠 One person rent
$751
$495
🏘️ Family rent
$1474
$1237
🍽️ Food expenses
$444
$274
🚐 Transport expenses
$84.4
$96.5
💳 Monthly salary after tax
$914
$1649
😷 Air quality
Good
Moderate
✈️ Airport proximity
7 km
11 km
🎓 Higher education
42
96
😀 Quality of life
66
79
🏙️ Population
881K
17.7M

The cost of living in Panama City is 45% more expensive than in Shenzhen. Cities ranked 4139th and 5948th ($1384 vs $958) in the list of the most expensive cities in the world and ranked 1st and 13th 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 1.7 months in Shenzhen. Panama City ranked 1st best city to live in Panama vs Shenzhen ranked 3rd in China, while ranked 3919th and 556th among best cities to live in the world.

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Cost of living in Panama City vs Shenzhen infographic

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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
$12.3
$3.6
🥂 Dinner in a Restaurant, for 2
$55.2
$28.7
🥪 Fast food meal, equiv. McDonald's
$7.6
$5.73
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.94
$1.13
 Cappuccino
$4.25
$3.24
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.9
$0.49
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$827
$713
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$577
$370
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1757
$1800
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1198
$997
🔌 Utility Bill one person, electricity, heating, water, etc.
$76.7
$41.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$118
$63.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.4
$15
🏦 Mortgage Interest Rate for 20 Years
6.12%
4.47%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2406
$13100
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1535
$6892
Transportation
🚌 Local transport ticket
$0.35
$0.57
🎟️ Monthly ticket local transport
$26.2
$28.6
🚕 Taxi Ride, 8 km or 5 mi
$13.9
$4.62
 Gas / Petrol, 1 L or 0.26 gal
$1.02
$1.21
Groceries
🥛 Milk, 1 L or 1 qt
$1.78
$2.01
🍞 Bread, 0.5 kg or 1.1 lb
$2.12
$2.14
🍚 Rice, 1 kg or 2.2 lb
$2.08
$1.16
🥚 Eggs, x12
$2.67
$2.02
🧀 Cheese, 1 kg or 2.2 lb
$13.2
$12.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.23
$4.65
🥩 Round Steak, 1 kg or 2.2 lb
$10.4
$13.9
🍏 Apples, 1 kg or 2.2 lb
$3.11
$1.95
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.41
🍊 Oranges, 1 kg or 2.2 lb
$3.09
$1.71
🍅 Tomato, 1 kg or 2.2 lb
$2.94
$1.48
🥔 Potato, 1 kg or 2.2 lb
$2.19
$1.02
🧅 Onion, 1 kg or 2.2 lb
$2.5
$1.24
🌊 Water, 1 L or 1 qt
$1
$0.4
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.51
$1.08
🍾 Wine (mid-priced), 750 mL bottle
$9.03
$13.3
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$0.92
🚬 Cigarette pack
$5.89
$3.95
💊 Cold medicince, 1 week
$10.5
$5.44
🧴 Hair Shampoo
$6.97
$5.98
🧻 Toilet paper, 4 rolls
$3.12
$1.69
👄 Toothpaste, 1 tube
$3.06
$1.96
Other
🏋️ Gym Membership, 1 month
$43.8
$43.7
🎫 Cinema Ticket, 1 person
$6.71
$7.07
👩‍⚕️ Doctor's visit
$49.1
$33.9
💇 Haircut, simple
$13.7
$10.4
👖 Brand Jeans
$54.3
$61.2
👟 Brand Sneakers
$90.2
$79.2
👶 Daycare or Preschool, 1 month
$437
$605
🏫 International Primary School, 1 year
$9531
$24117

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Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1249
16 km or 9.9 mi Tocumen
$1231
26 km or 16 mi Pacora
$1249
34 km or 21 mi La Chorrera
$953
59 km or 37 mi Colon
$1182
108 km or 67 mi Penonome
$1098
154 km or 96 mi Chitre
$1091
190 km or 118 mi Santiago de Veraguas
$1056
321 km or 199 mi Turbo
$634
329 km or 204 mi David
$833
398 km or 247 mi Monteria
$620
403 km or 250 mi Limon
$1201
406 km or 252 mi Santa Cruz de Lorica
$638
452 km or 281 mi Sincelejo
$506
463 km or 288 mi Cartagena
$748
483 km or 300 mi Quibdo
$661
494 km or 307 mi Cartago
$961
513 km or 319 mi San Jose
$1239
518 km or 322 mi Heredia
$1246
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$789
529 km or 329 mi Alajuela
$1233
530 km or 329 mi Medellin
$873
534 km or 332 mi Envigado
$871
558 km or 347 mi Soledad
$840
559 km or 348 mi Barranquilla
$789
595 km or 370 mi Puntarenas
$1277
617 km or 383 mi Cartago
$619
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1310
627 km or 390 mi Pereira
$641
631 km or 392 mi Santa Marta
$979
632 km or 393 mi Buenaventura
$718
636 km or 395 mi Minca
$863
651 km or 404 mi Salento
$562
652 km or 405 mi Armenia
$541
657 km or 408 mi Tulua
$477
658 km or 409 mi Barrancabermeja
$573
675 km or 419 mi Liberia
$898

Cities near Shenzhen

Distance City Cost of living
28 km or 17 mi Kowloon
$2427
30 km or 19 mi Hong Kong
$2753
58 km or 36 mi Zhuhai
$641
65 km or 40 mi Dongguan
$678
66 km or 41 mi Macau
$1590
72 km or 45 mi Zhongshan
$491
74 km or 46 mi Huizhou
$629
100 km or 62 mi Jiangmen
$830
105 km or 65 mi Guangzhou
$763
112 km or 69 mi Foshan
$602
134 km or 83 mi Shanwei
$1014
142 km or 88 mi Kaiping
$824
150 km or 93 mi Heyuan
$801
164 km or 102 mi Qingyuan
$808
174 km or 108 mi Zhaoqing
$806
212 km or 131 mi Yunfu
$839
228 km or 142 mi Yangjiang
$895
233 km or 145 mi Puning
$726
256 km or 159 mi Shaoguan
$852
262 km or 163 mi Jieyang
$691
286 km or 178 mi Shantou
$605
288 km or 179 mi Meizhou
$795
292 km or 182 mi Chaozhou
$592
299 km or 186 mi Wuzhou
$819
303 km or 188 mi Lianzhou
$783
330 km or 205 mi Hezhou
$780
337 km or 209 mi Gaozhou
$774
337 km or 210 mi Maoming
$774
377 km or 234 mi Ganzhou
$813
378 km or 235 mi Chenzhou
$746
401 km or 249 mi Yulin
$794
405 km or 252 mi Zhanjiang
$781
415 km or 258 mi Longyan
$713
428 km or 266 mi Zhangzhou
$731
460 km or 286 mi Guigang
$725
464 km or 288 mi Xiamen
$807
477 km or 297 mi Haikou
$671
485 km or 301 mi Kinmen
$821
489 km or 304 mi Guilin
$538
502 km or 312 mi Yongzhou
$618