Cost of living comparison
Hong Kong is 93.5% more expensive than Panama.
If you lived in Hong Kong instead of Panama, you would:
pay 11.9% less for restaurants
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$7.72
HK$60.08
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$6.33
HK$49.31
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.35
HK$10.48
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.09
HK$8.49
|
|
pay 41.8% more for groceries
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.40
HK$18.69
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$13.58
HK$105.72
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$12.17
HK$94.75
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.59
HK$27.97
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$4.30
HK$33.48
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.62
HK$12.59
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$1.19
HK$9.24
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.61
HK$12.52
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.51
HK$11.75
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.16
HK$9.06
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$1.14
HK$8.90
|
|
pay 2.0 times more for transportation
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$11.42
HK$88.93
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$64.30
HK$500.63
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$34,067.68
HK$265,233.90
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$14.53
HK$113.09
|
|
pay 2.2 times more for housing
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$21.69
HK$168.90
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$2,183.24
HK$16,997.59
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$1,543.27
HK$12,015.13
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$187.23
HK$1,457.72
|
|
pay 3.3 times more for childcare
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$1,002.59
HK$7,805.66
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$21,790.97
HK$169,653.57
|
|
pay 2.4 times more for entertainment and sports
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$7.72
HK$60.08
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$5.30
HK$41.28
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$13.12
HK$102.13
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$85.27
HK$663.90
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$12.86
HK$100.13
|
|
pay 31.3% more for clothing
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$72.66
HK$565.68
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$40.59
HK$316.00
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$92.45
HK$719.80
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$142.24
HK$1,107.39
|
|
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