Cost of living comparison
China is 3.9% cheaper than Panama.
If you lived in China instead of Panama, you would:
pay 56.9% less for restaurants
Panama
|
China
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.70
PAB7.70
|
$3.33
CN¥24.06
|
|
Fast food combo meal
McDonalds, or similar
|
$7.45
PAB7.45
|
$5.25
CN¥37.93
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$0.50
CN¥3.60
|
|
Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$0.30
CN¥2.19
|
|
pay 23.9% less for groceries
Panama
|
China
|
||
---|---|---|---|
Bread
1 loaf
|
$1.94
PAB1.94
|
$1.68
CN¥12.12
|
|
Local cheese (8 oz) |
$5.35
PAB5.35
|
$6.22
CN¥44.97
|
|
Milk (1 gallon) |
$6.06
PAB6.06
|
$7.41
CN¥53.56
|
|
Eggs
1 dozen
|
$2.20
PAB2.20
|
$1.75
CN¥12.65
|
|
Boneless chicken breast (1 lb) |
$2.67
PAB2.67
|
$1.80
CN¥12.98
|
|
Apples (1 lb) |
$1.75
PAB1.75
|
$0.88
CN¥6.37
|
|
Bananas (1 lb) |
$0.55
PAB0.55
|
$0.63
CN¥4.54
|
|
Oranges (1 lb) |
$1.06
PAB1.06
|
$0.74
CN¥5.34
|
|
Tomatoes (1 lb) |
$1.23
PAB1.23
|
$0.57
CN¥4.10
|
|
Potatoes (1 lb) |
$0.89
PAB0.89
|
$0.35
CN¥2.54
|
|
Onions (1 lb) |
$0.96
PAB0.96
|
$0.43
CN¥3.11
|
|
pay 19.5% less for transportation
Panama
|
China
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.07
PAB4.07
|
$4.64
CN¥33.53
|
|
Monthly public transit pass |
$27.50
PAB27.50
|
$21.41
CN¥154.72
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,583.33
PAB20,583.33
|
$21,385.50
CN¥154,546.57
|
|
Taxi trip in downtown area (5 miles) |
$15.79
PAB15.79
|
$4.14
CN¥29.94
|
|
pay 48.7% less for housing
Panama
|
China
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$49.92
PAB49.92
|
$14.28
CN¥103.17
|
|
1-Bedroom apartment in downtown area |
$696.35
PAB696.35
|
$401.04
CN¥2,898.22
|
|
1-Bedroom apartment outside city center |
$440.76
PAB440.76
|
$247.64
CN¥1,789.60
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$62.88
PAB62.88
|
$39.51
CN¥285.55
|
|
pay 2.4 times more for childcare
Panama
|
China
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$228.54
PAB228.54
|
$456.56
CN¥3,299.43
|
|
Middle school for 1 child, two semesters |
$6,185.93
PAB6,185.93
|
$16,918.49
CN¥122,264.88
|
|
pay 8.0% less for entertainment and sports
Panama
|
China
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.75
PAB1.75
|
$1.15
CN¥8.29
|
|
Cappuccino in mid-range area |
$3.22
PAB3.22
|
$3.48
CN¥25.18
|
|
Pack of cigarettes
Marlboro or similar
|
$5.43
PAB5.43
|
$3.40
CN¥24.55
|
|
Monthly membership at local gym |
$45.25
PAB45.25
|
$42.27
CN¥305.49
|
|
Movie ticket to theater/cinema |
$4.88
PAB4.88
|
$6.35
CN¥45.92
|
|
pay 7.3% less for clothing
Panama
|
China
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$48.38
PAB48.38
|
$51.26
CN¥370.47
|
|
Regular dress
from H&M or similar store
|
$38.88
PAB38.88
|
$33.18
CN¥239.77
|
|
Running shoes
Nike or Adidas
|
$82.05
PAB82.05
|
$80.69
CN¥583.14
|
|
Men's business shoes (leather) |
$94.12
PAB94.12
|
$76.44
CN¥552.39
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about China or Panama. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.