Cost of living comparison
Beijing is 7.1% cheaper than Panama City.
If you lived in Beijing instead of Panama City, you would:
pay 62.6% less for restaurants
Panama City
|
Beijing
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$4.17
CN¥30.46
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$5.57
CN¥40.61
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$0.50
CN¥3.62
|
|
Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$0.31
CN¥2.26
|
|
pay 32.8% less for groceries
Panama City
|
Beijing
|
||
---|---|---|---|
Bread
1 loaf
|
$2.51
PAB2.51
|
$1.43
CN¥10.47
|
|
Local cheese (8 oz) |
$6.39
PAB6.39
|
$7.31
CN¥53.31
|
|
Milk (1 gallon) |
$6.80
PAB6.80
|
$7.17
CN¥52.31
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$1.74
CN¥12.68
|
|
Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$1.53
CN¥11.17
|
|
Apples (1 lb) |
$1.48
PAB1.48
|
$0.92
CN¥6.69
|
|
Bananas (1 lb) |
$0.72
PAB0.72
|
$0.71
CN¥5.19
|
|
Oranges (1 lb) |
$1.24
PAB1.24
|
$0.89
CN¥6.47
|
|
Tomatoes (1 lb) |
$1.40
PAB1.40
|
$0.58
CN¥4.25
|
|
Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.37
CN¥2.69
|
|
Onions (1 lb) |
$1.15
PAB1.15
|
$0.47
CN¥3.44
|
|
pay 3.8% less for transportation
Panama City
|
Beijing
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.69
PAB3.69
|
$4.36
CN¥31.81
|
|
Monthly public transit pass |
$25.00
PAB25.00
|
$33.40
CN¥243.67
|
|
New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$20,872.18
CN¥152,291.77
|
|
Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$4.59
CN¥33.50
|
|
pay 43.6% less for housing
Panama City
|
Beijing
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$13.28
CN¥96.92
|
|
1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$929.88
CN¥6,784.76
|
|
1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$492.44
CN¥3,593.06
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$42.04
CN¥306.74
|
|
pay 2.0 times more for childcare
Panama City
|
Beijing
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$763.49
CN¥5,570.76
|
|
Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$22,913.01
CN¥167,182.52
|
|
pay 8.3% less for entertainment and sports
Panama City
|
Beijing
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$1.11
CN¥8.12
|
|
Cappuccino in mid-range area |
$3.59
PAB3.59
|
$3.60
CN¥26.29
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$3.48
CN¥25.38
|
|
Monthly membership at local gym |
$47.27
PAB47.27
|
$65.46
CN¥477.60
|
|
Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$8.35
CN¥60.92
|
|
pay 0.6% more for clothing
Panama City
|
Beijing
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$62.65
CN¥457.15
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$34.69
CN¥253.09
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$83.45
CN¥608.91
|
|
Men's business shoes (leather) |
$108.75
PAB108.75
|
$107.64
CN¥785.36
|
|
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