Cost of living comparison
Panama City is 24.2% cheaper than Hong Kong.
If you lived in Panama City instead of Hong Kong, you would:
pay 32.3% more for restaurants
Hong Kong
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.84
HK$69.05
|
$12.00
PAB12.00
|
|
Fast food combo meal
McDonalds, or similar
|
$5.77
HK$45.03
|
$8.25
PAB8.25
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.33
HK$10.42
|
$1.76
PAB1.76
|
|
Bottle of water (11 fl. oz) |
$1.13
HK$8.79
|
$1.33
PAB1.33
|
|
pay 27.1% less for groceries
Hong Kong
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
HK$17.92
|
$2.40
PAB2.40
|
|
Local cheese (8 oz) |
$14.28
HK$111.48
|
$5.44
PAB5.44
|
|
Milk (1 gallon) |
$12.15
HK$94.85
|
$6.66
PAB6.66
|
|
Eggs
1 dozen
|
$4.01
HK$31.29
|
$2.54
PAB2.54
|
|
Boneless chicken breast (1 lb) |
$4.49
HK$35.04
|
$3.39
PAB3.39
|
|
Apples (1 lb) |
$1.68
HK$13.16
|
$1.40
PAB1.40
|
|
Bananas (1 lb) |
$1.16
HK$9.05
|
$0.62
PAB0.62
|
|
Oranges (1 lb) |
$1.75
HK$13.69
|
$1.30
PAB1.30
|
|
Tomatoes (1 lb) |
$1.47
HK$11.47
|
$1.41
PAB1.41
|
|
Potatoes (1 lb) |
$1.21
HK$9.46
|
$0.94
PAB0.94
|
|
Onions (1 lb) |
$1.20
HK$9.35
|
$0.97
PAB0.97
|
|
pay 40.1% less for transportation
Hong Kong
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$11.66
HK$91.04
|
$3.69
PAB3.69
|
|
Monthly public transit pass |
$64.07
HK$500.36
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,292.33
HK$259,986.47
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$13.71
HK$107.08
|
$14.00
PAB14.00
|
|
pay 11.0% less for housing
Hong Kong
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$22.03
HK$172.07
|
$51.82
PAB51.82
|
|
1-Bedroom apartment in downtown area |
$2,324.35
HK$18,151.32
|
$925.91
PAB925.91
|
|
1-Bedroom apartment outside city center |
$1,616.39
HK$12,622.69
|
$598.61
PAB598.61
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$196.11
HK$1,531.50
|
$86.14
PAB86.14
|
|
pay 55.7% less for childcare
Hong Kong
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$929.71
HK$7,260.28
|
$408.12
PAB408.12
|
|
Middle school for 1 child, two semesters |
$21,637.45
HK$168,971.19
|
$9,675.75
PAB9,675.75
|
|
pay 50.2% less for entertainment and sports
Hong Kong
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$7.69
HK$60.04
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$5.31
HK$41.47
|
$3.70
PAB3.70
|
|
Pack of cigarettes
Marlboro or similar
|
$12.81
HK$100.07
|
$5.75
PAB5.75
|
|
Monthly membership at local gym |
$86.33
HK$674.13
|
$40.93
PAB40.93
|
|
Movie ticket to theater/cinema |
$12.81
HK$100.07
|
$7.00
PAB7.00
|
|
pay 17.8% less for clothing
Hong Kong
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$76.24
HK$595.39
|
$53.94
PAB53.94
|
|
Regular dress
from H&M or similar store
|
$41.17
HK$321.54
|
$40.79
PAB40.79
|
|
Running shoes
Nike or Adidas
|
$91.44
HK$714.09
|
$82.58
PAB82.58
|
|
Men's business shoes (leather) |
$135.10
HK$1,055.06
|
$92.86
PAB92.86
|
|
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