- Cost of Living
- Panama
- China
- Comparison
Cost of living in Panama compared to China
Currency:
| Food | + 31% | |||
|---|---|---|---|---|
| Food in Panama is 31% more expensive than in China | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (78元) | 51元 | + 53% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 6 B/. (44元) | 34元 | + 30% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.98 B/. (27元) | 15元 | + 83% | |
| 1 liter (1 qt.) of whole fat milk | 1.58 B/. (11元) | 15元 | - 30% | |
| 12 eggs, large | 2.55 B/. (17元) | 16元 | + 8% | |
| 1 kg (2 lb.) of tomatoes | 3.48 B/. (24元) | 8元 | + 187% | |
| 500 gr (16 oz.) of local cheese | 5.09 B/. (34元) | 58元 | - 41% | |
| 1 kg (2 lb.) of apples | 5.00 B/. (34元) | 13元 | + 151% | |
| 1 kg (2 lb.) of potatoes | 1.66 B/. (11元) | 7元 | + 69% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.01 B/. (7元) | 5.63元 | + 22% | |
| 1 bottle of red table wine, good quality | 9 B/. (59元) | 114元 | - 48% | |
| 2 liters of Coca-Cola | 2.32 B/. (16元) | 8元 | + 107% | |
| Bread for 2 people for 1 day | 1.59 B/. (11元) | 12元 | - 10% | |
| Housing | + 36% | |||
| Housing in Panama is 36% more expensive than in China | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,559 B/. (10,521元) | 9,408元 | + 12% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 1,050 B/. (7,087元) | 4,307元 | + 65% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 164 B/. (1,104元) | 439元 | + 151% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 1,032 B/. (6,964元) | 5,706元 | + 22% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 635 B/. (4,283元) | 3,520元 | + 22% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 124 B/. (835元) | 311元 | + 168% | |
| Internet 8 Mbps (1 month) | 32 B/. (217元) | 86元 | + 151% | |
| 40” flat screen TV | 364 B/. (2,458元) | 2,153元 | + 14% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 90 B/. (605元) | 681元 | - 11% | |
| Laundry detergent (3 l. ~ 100 oz.) | 10 B/. (67元) | 37元 | + 79% | |
| Hourly rate for cleaning help | 4.26 B/. (29元) | 38元 | - 25% | |
| Clothes | + 6% | |||
| Clothes in Panama is 6% more expensive than in China | ||||
| 1 pair of jeans (Levis 501 or similar) | 68 B/. (456元) | 553元 | - 18% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 48 B/. (325元) | 260元 | + 25% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 81 B/. (549元) | 624元 | - 12% | |
| 1 pair of men’s leather business shoes | 98 B/. (664元) | 694元 | - 4% | |
| Transportation | + 21% | |||
| Transportation in Panama is 21% more expensive than in China | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 19,573 B/. (132,099元) | 143,509元 | - 8% | |
| 1 liter (1/4 gallon) of gas | 0.77 B/. (5.23元) | 7元 | - 29% | |
| Monthly ticket public transport | 42 B/. (283元) | 156元 | + 81% | |
| Personal Care | + 34% | |||
| Personal Care in Panama is 34% more expensive than in China | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 6 B/. (42元) | 26元 | + 63% | |
| 1 box of antibiotics (12 doses) | 33 B/. (221元) | 30元 | + 624% | |
| Short visit to private Doctor (15 minutes) | 40 B/. (268元) | 493元 | - 46% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 11 B/. (71元) | 29元 | + 142% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.48 B/. (37元) | 36元 | + 3% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 6.00 B/. (40元) | 36元 | + 13% | |
| 4 rolls of toilet paper | 3.31 B/. (22元) | 9元 | + 140% | |
| Tube of toothpaste | 2.41 B/. (16元) | 14元 | + 20% | |
| Standard men's haircut in expat area of the city | 13 B/. (87元) | 59元 | + 47% | |
| Entertainment | + 57% | |||
| Entertainment in Panama is 57% more expensive than in China | ||||
| Basic dinner out for two in neighborhood pub | 48 B/. (324元) | 148元 | + 119% | |
| 2 tickets to the movies | 12 B/. (78元) | 86元 | - 9% | |
| 2 tickets to the theater (best available seats) | 125 B/. (843元) | 752元 | + 12% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 75 B/. (506元) | 367元 | + 38% | |
| 1 cocktail drink in downtown club | 9 B/. (60元) | 59元 | + 3% | |
| Cappuccino in expat area of the city | 4.06 B/. (27元) | 34元 | - 19% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.16 B/. (28元) | 33元 | - 16% | |
| iPad Wi-Fi 128GB | 598 B/. (4,034元) | 3,239元 | + 25% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.50 B/. (3.37元) | 0.99元 | + 239% | |
| 1 month of gym membership in business district | 54 B/. (367元) | 309元 | + 19% | |
| 1 package of Marlboro cigarettes | 5.38 B/. (36元) | 20元 | + 81% | |
| TOTAL | + 34% | |||
These prices were last updated on January 16, 2019.
Exchange rate:
6.749
CNY
/
PAB
This comparison is based on abundant and consistent data. It is based on 5,018 prices entered by 592 different people.
Cost of living in Panama is 34% more expensive than in China
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