Cost of living comparison
Hong Kong is 93.5% more expensive than Panama overall.
- Restaurants
-
pay 11.9% less in Hong Kong
- Groceries
-
pay 41.8% more in Hong Kong
- Transportation
-
pay 2.0 times more in Hong Kong
- Housing
-
pay 2.2 times more in Hong Kong
- Childcare
-
pay 3.3 times more in Hong Kong
- Entertainment and Sports
-
pay 2.4 times more in Hong Kong
- Clothing
-
pay 31.3% more in Hong Kong
The cost of childcare, entertainment and sports, housing, transportation, groceries, and clothing in Hong Kong are more expensive than in Panama. Notably, childcare, entertainment and sports, and housing are significantly more expensive in Hong Kong.
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$59.90
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$6.33
HK$49.17
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$1.35
HK$10.45
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$1.09
HK$8.47
|
|
pay 41.8% more for groceries
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.40
HK$18.64
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$13.58
HK$105.41
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$12.17
HK$94.46
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$3.59
HK$27.89
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$4.30
HK$33.38
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$1.62
HK$12.55
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$1.19
HK$9.21
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$1.61
HK$12.49
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$1.51
HK$11.71
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$1.16
HK$9.03
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$1.14
HK$8.87
|
|
pay 2.0 times more for transportation
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$11.42
HK$88.67
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$64.30
HK$499.14
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$34,067.68
HK$264,445.23
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$14.53
HK$112.76
|
|
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$168.40
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$2,183.24
HK$16,947.05
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$1,543.27
HK$11,979.40
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$187.23
HK$1,453.38
|
|
pay 3.3 times more for childcare
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$1,002.59
HK$7,782.45
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$21,790.97
HK$169,149.11
|
|
pay 2.4 times more for entertainment and sports
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$7.72
HK$59.90
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$5.30
HK$41.16
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$13.12
HK$101.82
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$85.27
HK$661.92
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$12.86
HK$99.83
|
|
pay 31.3% more for clothing
|
Panama
|
Hong Kong
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$72.66
HK$564.00
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$40.59
HK$315.06
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$92.45
HK$717.66
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$142.24
HK$1,104.10
|
|
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