- Cost of Living
- Panama
- China
- Comparison
Cost of living in Panama compared to China
Currency:
| Food | + 32% | |||
|---|---|---|---|---|
| Food in Panama is 32% more expensive than in China | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (84元) | 53元 | + 59% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 6 B/. (45元) | 33元 | + 35% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.57 B/. (25元) | 15元 | + 65% | |
| 1 liter (1 qt.) of whole fat milk | 1.62 B/. (11元) | 16元 | - 29% | |
| 12 eggs, large | 2.92 B/. (20元) | 16元 | + 29% | |
| 1 kg (2 lb.) of tomatoes | 3.20 B/. (22元) | 8元 | + 175% | |
| 500 gr (16 oz.) of local cheese | 4.68 B/. (33元) | 63元 | - 48% | |
| 1 kg (2 lb.) of apples | 4.51 B/. (31元) | 13元 | + 137% | |
| 1 kg (2 lb.) of potatoes | 2.00 B/. (14元) | 7元 | + 113% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.87 B/. (6元) | 5.65元 | + 7% | |
| 1 bottle of red table wine, good quality | 9 B/. (61元) | 114元 | - 47% | |
| 2 liters of Coca-Cola | 2.23 B/. (16元) | 8元 | + 98% | |
| Bread for 2 people for 1 day | 1.62 B/. (11元) | 12元 | - 8% | |
| Housing | + 32% | |||
| Housing in Panama is 32% more expensive than in China | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,595 B/. (11,098元) | 9,680元 | + 15% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 1,004 B/. (6,980元) | 4,478元 | + 56% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 130 B/. (901元) | 425元 | + 112% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 988 B/. (6,871元) | 5,710元 | + 20% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 587 B/. (4,084元) | 3,523元 | + 16% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 108 B/. (754元) | 304元 | + 148% | |
| Internet 8 Mbps (1 month) | 31 B/. (215元) | 88元 | + 146% | |
| 40” flat screen TV | 350 B/. (2,435元) | 2,242元 | + 9% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 95 B/. (661元) | 678元 | - 2% | |
| Laundry detergent (3 l. ~ 100 oz.) | 9 B/. (65元) | 40元 | + 62% | |
| Hourly rate for cleaning help | 4.18 B/. (29元) | 39元 | - 25% | |
| Clothes | - 6% | |||
| Clothes in Panama is 6% cheaper than in China | ||||
| 1 pair of jeans (Levis 501 or similar) | 67 B/. (469元) | 554元 | - 15% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 39 B/. (271元) | 280元 | - 3% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 82 B/. (574元) | 614元 | - 7% | |
| 1 pair of men’s leather business shoes | 97 B/. (677元) | 672元 | + 1% | |
| Transportation | + 18% | |||
| Transportation in Panama is 18% more expensive than in China | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 20,119 B/. (139,944元) | 145,666元 | - 4% | |
| 1 liter (1/4 gallon) of gas | 0.80 B/. (5.54元) | 7元 | - 24% | |
| Monthly ticket public transport | 37 B/. (260元) | 154元 | + 69% | |
| Personal Care | + 30% | |||
| Personal Care in Panama is 30% more expensive than in China | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 5.19 B/. (36元) | 26元 | + 40% | |
| 1 box of antibiotics (12 doses) | 28 B/. (197元) | 32元 | + 517% | |
| Short visit to private Doctor (15 minutes) | 41 B/. (282元) | 425元 | - 34% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 8 B/. (56元) | 30元 | + 91% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.51 B/. (38元) | 37元 | + 4% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.59 B/. (39元) | 38元 | + 3% | |
| 4 rolls of toilet paper | 3.28 B/. (23元) | 10元 | + 133% | |
| Tube of toothpaste | 2.86 B/. (20元) | 14元 | + 40% | |
| Standard men's haircut in expat area of the city | 13 B/. (89元) | 59元 | + 50% | |
| Entertainment | + 29% | |||
| Entertainment in Panama is 29% more expensive than in China | ||||
| Basic dinner out for two in neighborhood pub | 50 B/. (346元) | 159元 | + 118% | |
| 2 tickets to the movies | 12 B/. (83元) | 86元 | - 3% | |
| 2 tickets to the theater (best available seats) | 104 B/. (721元) | 723元 | - 0% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 71 B/. (495元) | 375元 | + 32% | |
| 1 cocktail drink in downtown club | 9 B/. (62元) | 60元 | + 3% | |
| Cappuccino in expat area of the city | 4.03 B/. (28元) | 34元 | - 18% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.06 B/. (28元) | 34元 | - 17% | |
| iPad Wi-Fi 128GB | 586 B/. (4,073元) | 3,310元 | + 23% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | 0.98元 | - | |
| 1 month of gym membership in business district | 58 B/. (402元) | 300元 | + 34% | |
| 1 package of Marlboro cigarettes | 5.21 B/. (36元) | 20元 | + 80% | |
| TOTAL | + 27% | |||
These prices were last updated on November 14, 2018.
Exchange rate:
6.956
CNY
/
PAB
This comparison is based on abundant and consistent data. It is based on 4,871 prices entered by 618 different people.
Cost of living in Panama is 27% more expensive than in China
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