Cost of living comparison
China is 13.2% cheaper than Panama.
If you lived in China instead of Panama, you would:
pay 61.1% less for restaurants
|
Panama
|
China
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$2.85
CN¥20.65
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$5.07
CN¥36.64
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$0.49
CN¥3.54
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$0.30
CN¥2.17
|
|
pay 37.5% less for groceries
|
Panama
|
China
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$1.59
CN¥11.51
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$5.85
CN¥42.31
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$6.86
CN¥49.61
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$1.60
CN¥11.54
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$1.54
CN¥11.14
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$0.76
CN¥5.52
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.57
CN¥4.14
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$0.65
CN¥4.73
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.52
CN¥3.79
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.32
CN¥2.32
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.40
CN¥2.90
|
|
pay 18.0% less for transportation
|
Panama
|
China
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$4.44
CN¥32.15
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$22.47
CN¥162.52
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$19,071.53
CN¥137,934.87
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$3.97
CN¥28.75
|
|
pay 59.2% less for housing
|
Panama
|
China
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$11.70
CN¥84.58
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$328.33
CN¥2,374.65
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$205.78
CN¥1,488.30
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$40.46
CN¥292.62
|
|
pay 2.2 times more for childcare
|
Panama
|
China
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$459.70
CN¥3,324.77
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$18,318.08
CN¥132,485.51
|
|
pay 22.0% less for entertainment and sports
|
Panama
|
China
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$1.09
CN¥7.89
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$3.07
CN¥22.18
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$3.23
CN¥23.38
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$41.41
CN¥299.49
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$5.93
CN¥42.85
|
|
pay 10.7% less for clothing
|
Panama
|
China
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$48.23
CN¥348.79
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$31.67
CN¥229.06
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$72.53
CN¥524.55
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$75.53
CN¥546.30
|
|
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