Cost of living comparison
Hong Kong is 60.0% more expensive than Panama City.
If you lived in Hong Kong instead of Panama City, you would:
pay 28.2% less for restaurants
|
Panama City
|
Hong Kong
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.25
PAB13.25
|
$7.72
HK$59.99
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
PAB8.00
|
$6.33
HK$49.25
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
PAB1.86
|
$1.35
HK$10.47
|
|
| Bottle of water (11 fl. oz) |
$1.41
PAB1.41
|
$1.09
HK$8.48
|
|
pay 34.2% more for groceries
|
Panama City
|
Hong Kong
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.51
PAB2.51
|
$2.40
HK$18.67
|
|
| Local cheese (8 oz) |
$6.39
PAB6.39
|
$13.58
HK$105.58
|
|
| Milk (1 gallon) |
$6.80
PAB6.80
|
$12.17
HK$94.62
|
|
|
Eggs
1 dozen
|
$2.68
PAB2.68
|
$3.59
HK$27.94
|
|
| Boneless chicken breast (1 lb) |
$3.41
PAB3.41
|
$4.30
HK$33.43
|
|
| Apples (1 lb) |
$1.48
PAB1.48
|
$1.62
HK$12.57
|
|
| Bananas (1 lb) |
$0.72
PAB0.72
|
$1.19
HK$9.22
|
|
| Oranges (1 lb) |
$1.24
PAB1.24
|
$1.61
HK$12.51
|
|
| Tomatoes (1 lb) |
$1.40
PAB1.40
|
$1.51
HK$11.73
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.16
HK$9.04
|
|
| Onions (1 lb) |
$1.15
PAB1.15
|
$1.14
HK$8.89
|
|
pay 2.1 times more for transportation
|
Panama City
|
Hong Kong
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.69
PAB3.69
|
$11.42
HK$88.81
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$64.30
HK$499.95
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$19,750.00
PAB19,750.00
|
$34,067.68
HK$264,874.48
|
|
| Taxi trip in downtown area (5 miles) |
$16.71
PAB16.71
|
$14.53
HK$112.94
|
|
pay 64.1% more for housing
|
Panama City
|
Hong Kong
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$52.10
PAB52.10
|
$21.69
HK$168.67
|
|
| 1-Bedroom apartment in downtown area |
$1,023.81
PAB1,023.81
|
$2,183.24
HK$16,974.56
|
|
| 1-Bedroom apartment outside city center |
$755.88
PAB755.88
|
$1,543.27
HK$11,998.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.84
PAB94.84
|
$187.23
HK$1,455.74
|
|
pay 2.2 times more for childcare
|
Panama City
|
Hong Kong
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$439.17
PAB439.17
|
$1,002.59
HK$7,795.08
|
|
| Middle school for 1 child, two semesters |
$10,092.67
PAB10,092.67
|
$21,790.97
HK$169,423.68
|
|
pay 2.0 times more for entertainment and sports
|
Panama City
|
Hong Kong
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.00
PAB3.00
|
$7.72
HK$59.99
|
|
| Cappuccino in mid-range area |
$3.59
PAB3.59
|
$5.30
HK$41.23
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
PAB5.50
|
$13.12
HK$101.99
|
|
| Monthly membership at local gym |
$47.27
PAB47.27
|
$85.27
HK$663.00
|
|
| Movie ticket to theater/cinema |
$7.00
PAB7.00
|
$12.86
HK$99.99
|
|
pay 19.6% more for clothing
|
Panama City
|
Hong Kong
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.91
PAB53.91
|
$72.66
HK$564.91
|
|
|
Regular dress
from H&M or similar store
|
$37.78
PAB37.78
|
$40.59
HK$315.57
|
|
|
Running shoes
Nike or Adidas
|
$87.62
PAB87.62
|
$92.45
HK$718.83
|
|
| Men's business shoes (leather) |
$108.75
PAB108.75
|
$142.24
HK$1,105.89
|
|
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