China vs Panama - Cost of Living Comparison

Updated:

Livingcost

China Panama
🚶 Cost of living one person
$686
$1260
👨‍👩‍👧‍👦 Cost of living Family
$1939
$3090
🏠 One person rent
$292
$654
🏘️ Family rent
$561
$1202
🍽️ Food expenses
$239
$442
🚐 Transport expenses
$73.6
$67.1
💳 Monthly salary after tax
$864
$856
💸 GDP per capita
$12614
$18662
😃 Human freedom index
5.15
7.57
❤️ Life expectancy
78.6
76.8
👮 Corruption perceptions index
42
35
🌐 English speaking %
0.7%
14%
🎓 Higher education
91
46
😀 Quality of life
48
55
🏙️ Population
1.44B
4.1M

The average cost of living in China ($686) is 46% less expensive than in Panama ($1260). China ranked 144th vs 47th for Panama in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.3 months in China compared to 0.7 months in Panama. Ranked 84th and 71st best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in China vs Panama infographic

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Prices in China vs Panama

We calculate prices for China and Panama as a population-weighted mean of 544 and 10 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

China Panama
Eating Out
🍱 Lunch Menu
$3.44
$11.3
🥂 Dinner in a Restaurant, for 2
$22.8
$54.2
🥪 Fast food meal, equiv. McDonald's
$5.19
$7.61
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.31
$2.82
 Cappuccino
$3.2
$3.96
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.51
$1.88
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$331
$699
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$222
$483
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$676
$1448
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$449
$928
🔌 Utility Bill one person, electricity, heating, water, etc.
$35.3
$80
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$54.3
$122
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$12.6
$47.6
🏦 Mortgage Interest Rate for 20 Years
4.4%
6.19%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4645
$2352
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2808
$1504
Transportation
🚌 Local transport ticket
$0.37
$0.4
🎟️ Monthly ticket local transport
$21.7
$30.2
🚕 Taxi Ride, 8 km or 5 mi
$4.18
$14.8
 Gas / Petrol, 1 L or 0.26 gal
$1.18
$1.05
Groceries
🥛 Milk, 1 L or 1 qt
$1.86
$1.77
🍞 Bread, 0.5 kg or 1.1 lb
$1.58
$2.23
🍚 Rice, 1 kg or 2.2 lb
$1.03
$2.26
🥚 Eggs, x12
$1.68
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$12.9
$12.5
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.5
$7.36
🥩 Round Steak, 1 kg or 2.2 lb
$11.8
$9.88
🍏 Apples, 1 kg or 2.2 lb
$1.7
$3.32
🍌 Banana, 1 kg or 2.2 lb
$1.32
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$1.57
$3.08
🍅 Tomato, 1 kg or 2.2 lb
$1.24
$2.92
🥔 Potato, 1 kg or 2.2 lb
$0.8
$2.23
🧅 Onion, 1 kg or 2.2 lb
$0.94
$2.51
🌊 Water, 1 L or 1 qt
$0.38
$1.01
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.22
$2.44
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$8.84
🍺 Beer, 0.5 L or 16 fl oz
$0.82
$1.11
🚬 Cigarette pack
$3.38
$5.89
💊 Cold medicince, 1 week
$4.91
$12.1
🧴 Hair Shampoo
$4.61
$6.01
🧻 Toilet paper, 4 rolls
$1.47
$2.89
👄 Toothpaste, 1 tube
$1.67
$2.65
Other
🏋️ Gym Membership, 1 month
$39.7
$38.9
🎫 Cinema Ticket, 1 person
$6.15
$6.51
👩‍⚕️ Doctor's visit
$34
$45.6
💇 Haircut, simple
$5.59
$11.5
👖 Brand Jeans
$54.2
$53.1
👟 Brand Sneakers
$77.5
$86.4
👶 Daycare or Preschool, 1 month
$461
$438
🏫 International Primary School, 1 year
$17526
$9292

Cost of living in other countries

Cost of living

Cities Comparison in China vs Panama

More countries to compare

Cost of Living in Popular cities

In China

City Cost of living Population
Shanghai
$1136
24.9M
Beijing
$1067
21.9M
Hong Kong
$2753
7.41M
Shenzhen
$958
17.7M
Chongqing
$662
32.1M
Guangzhou
$763
18.7M
Chengdu
$660
20.9M
Tianjin
$710
13.9M
Hangzhou
$843
11.9M
Suzhou
$1020
12.7M
Xi'an
$594
13M
Wuhan
$692
12.3M
Baoding
$482
11.5M
Nantong
$620
7.73M
Wuxi
$686
7.46M
Pudong
$1028
5.68M
Bijie
$612
6.9M
Zhengzhou
$522
12.6M
Nanjing
$774
9.31M
Hefei
$727
9.37M
Qingdao
$681
10.1M
Changchun
$601
9.07M
Ganzhou
$813
8.97M
Guiyang
$576
5.99M
Foshan
$602
9.5M
Yantai
$740
7.1M
Jieyang
$691
5.58M
Changsha
$582
10M
Wenzhou
$776
9.57M
Xuzhou
$528
9.08M

In Panama

City Cost of living Population
Panama City
$1384
881K
Colon
$1182
242K
Tocumen
$1231
103K
Santiago de Veraguas
$1056
89K
La Chorrera
$953
68.9K
Balboa
$1249
62.9K
David
$833
82.9K
Pacora
$1249
52.5K
Chitre
$1091
46.2K
Penonome
$1098
21.7K