- Cost of Living
- Panama
- China
- Comparison
Cost of living in Panama compared to China
Currency:
| Food | + 16% | |||
|---|---|---|---|---|
| Food in Panama is 16% more expensive than in China | ||||
| Basic lunchtime menu (including a drink) in the business district | 9 B/. (元61) | 元52 | + 17% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 6 B/. (元43) | 元33 | + 29% | |
| 500 gr (1 lb.) of boneless chicken breast | 2.73 B/. (元19) | 元15 | + 22% | |
| 1 liter (1 qt.) of whole fat milk | 1.58 B/. (元11) | 元16 | - 31% | |
| 12 eggs, large | 2.42 B/. (元17) | 元15 | + 7% | |
| 1 kg (2 lb.) of tomatoes | 2.54 B/. (元17) | 元8 | + 125% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (元53) | 元62 | - 15% | |
| 1 kg (2 lb.) of apples | 3.48 B/. (元24) | 元14 | + 73% | |
| 1 kg (2 lb.) of potatoes | 1.71 B/. (元12) | 元7 | + 80% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.94 B/. (元6) | 元5.58 | + 16% | |
| 1 bottle of red table wine, good quality | 9 B/. (元62) | 元112 | - 45% | |
| 2 liters of Coca-Cola | 2.17 B/. (元15) | 元8 | + 89% | |
| Bread for 2 people for 1 day | 1.67 B/. (元12) | 元13 | - 8% | |
| Housing | + 38% | |||
| Housing in Panama is 38% more expensive than in China | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,530 B/. (元10,532) | 元9,857 | + 7% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 965 B/. (元6,642) | 元4,887 | + 36% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 178 B/. (元1,223) | 元453 | + 170% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 1,113 B/. (元7,663) | 元5,271 | + 45% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 681 B/. (元4,685) | 元3,511 | + 33% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 118 B/. (元810) | 元303 | + 167% | |
| Internet 8 Mbps (1 month) | 33 B/. (元225) | 元85 | + 165% | |
| 40” flat screen TV | 336 B/. (元2,312) | 元2,507 | - 8% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 79 B/. (元542) | 元625 | - 13% | |
| Laundry detergent (3 l. ~ 100 oz.) | 12 B/. (元83) | 元40 | + 107% | |
| Hourly rate for cleaning help | 4.02 B/. (元28) | 元37 | - 26% | |
| Clothes | - 8% | |||
| Clothes in Panama is 8% cheaper than in China | ||||
| 1 pair of jeans (Levis 501 or similar) | 56 B/. (元389) | 元536 | - 27% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 38 B/. (元260) | 元264 | - 1% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 78 B/. (元539) | 元623 | - 14% | |
| 1 pair of men’s leather business shoes | 98 B/. (元672) | 元624 | + 8% | |
| Transportation | + 12% | |||
| Transportation in Panama is 12% more expensive than in China | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 18,395 B/. (元126,622) | 元141,949 | - 11% | |
| 1 liter (1/4 gallon) of gas | 0.78 B/. (元5.37) | 元7 | - 23% | |
| Monthly ticket public transport | 33 B/. (元230) | 元145 | + 59% | |
| Personal Care | + 51% | |||
| Personal Care in Panama is 51% more expensive than in China | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 9 B/. (元63) | 元25 | + 148% | |
| 1 box of antibiotics (12 doses) | 31 B/. (元211) | 元41 | + 419% | |
| Short visit to private Doctor (15 minutes) | 44 B/. (元306) | 元312 | - 2% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 6 B/. (元45) | 元31 | + 45% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.68 B/. (元39) | 元38 | + 3% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.15 B/. (元35) | 元37 | - 4% | |
| 4 rolls of toilet paper | 3.51 B/. (元24) | 元9 | + 165% | |
| Tube of toothpaste | 2.54 B/. (元17) | 元13 | + 33% | |
| Standard men's haircut in expat area of the city | 12 B/. (元82) | 元58 | + 40% | |
| Entertainment | + 19% | |||
| Entertainment in Panama is 19% more expensive than in China | ||||
| Basic dinner out for two in neighborhood pub | 43 B/. (元298) | 元167 | + 78% | |
| 2 tickets to the movies | 11 B/. (元76) | 元95 | - 20% | |
| 2 tickets to the theater (best available seats) | 86 B/. (元589) | 元852 | - 31% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 73 B/. (元504) | 元404 | + 25% | |
| 1 cocktail drink in downtown club | 9 B/. (元61) | 元61 | - 1% | |
| Cappuccino in expat area of the city | 4.43 B/. (元30) | 元34 | - 11% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.17 B/. (元29) | 元32 | - 11% | |
| iPad Wi-Fi 128GB | 526 B/. (元3,618) | 元3,309 | + 9% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.15 B/. (元1.03) | 元0.81 | + 27% | |
| 1 month of gym membership in business district | 61 B/. (元423) | 元355 | + 19% | |
| 1 package of Marlboro cigarettes | 5.11 B/. (元35) | 元21 | + 71% | |
| TOTAL | + 23% | |||
These prices were last updated on August 17, 2018.
Exchange rate:
6.884
CNY
/
PAB
This comparison is based on abundant and consistent data. It is based on 4,816 prices entered by 652 different people.
Cost of living in Panama is 23% more expensive than in China
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