Cost of living comparison
Hong Kong is 97.8% more expensive than Panama.
If you lived in Hong Kong instead of Panama, you would:
pay 8.6% less for restaurants
Panama
|
Hong Kong
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$8.30
PAB8.30
|
$8.84
HK$68.99
|
|
Fast food combo meal
McDonalds, or similar
|
$7.60
PAB7.60
|
$5.77
HK$44.99
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.55
PAB1.55
|
$1.33
HK$10.41
|
|
Bottle of water (11 fl. oz) |
$1.16
PAB1.16
|
$1.13
HK$8.78
|
|
pay 51.8% more for groceries
Panama
|
Hong Kong
|
||
---|---|---|---|
Bread
1 loaf
|
$2.19
PAB2.19
|
$2.29
HK$17.90
|
|
Local cheese (8 oz) |
$5.28
PAB5.28
|
$14.28
HK$111.38
|
|
Milk (1 gallon) |
$6.34
PAB6.34
|
$12.15
HK$94.77
|
|
Eggs
1 dozen
|
$2.42
PAB2.42
|
$4.01
HK$31.27
|
|
Boneless chicken breast (1 lb) |
$3.15
PAB3.15
|
$4.49
HK$35.01
|
|
Apples (1 lb) |
$1.87
PAB1.87
|
$1.68
HK$13.15
|
|
Bananas (1 lb) |
$0.56
PAB0.56
|
$1.16
HK$9.04
|
|
Oranges (1 lb) |
$1.31
PAB1.31
|
$1.75
HK$13.68
|
|
Tomatoes (1 lb) |
$1.32
PAB1.32
|
$1.47
HK$11.46
|
|
Potatoes (1 lb) |
$0.96
PAB0.96
|
$1.21
HK$9.46
|
|
Onions (1 lb) |
$0.95
PAB0.95
|
$1.20
HK$9.34
|
|
pay 2.1 times more for transportation
Panama
|
Hong Kong
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.90
PAB3.90
|
$11.66
HK$90.97
|
|
Monthly public transit pass |
$23.33
PAB23.33
|
$64.07
HK$499.94
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,000.00
PAB21,000.00
|
$33,292.33
HK$259,768.41
|
|
Taxi trip in downtown area (5 miles) |
$14.78
PAB14.78
|
$13.71
HK$106.99
|
|
pay 2.5 times more for housing
Panama
|
Hong Kong
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$46.90
PAB46.90
|
$22.03
HK$171.93
|
|
1-Bedroom apartment in downtown area |
$697.93
PAB697.93
|
$2,324.35
HK$18,136.09
|
|
1-Bedroom apartment outside city center |
$496.06
PAB496.06
|
$1,616.39
HK$12,612.10
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$65.23
PAB65.23
|
$196.11
HK$1,530.21
|
|
pay 3.1 times more for childcare
Panama
|
Hong Kong
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$327.08
PAB327.08
|
$929.71
HK$7,254.19
|
|
Middle school for 1 child, two semesters |
$6,443.94
PAB6,443.94
|
$21,637.45
HK$168,829.47
|
|
pay 2.3 times more for entertainment and sports
Panama
|
Hong Kong
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.85
PAB1.85
|
$7.69
HK$59.99
|
|
Cappuccino in mid-range area |
$3.35
PAB3.35
|
$5.31
HK$41.44
|
|
Pack of cigarettes
Marlboro or similar
|
$6.70
PAB6.70
|
$12.81
HK$99.99
|
|
Monthly membership at local gym |
$58.09
PAB58.09
|
$86.33
HK$673.57
|
|
Movie ticket to theater/cinema |
$5.75
PAB5.75
|
$12.81
HK$99.99
|
|
pay 46.2% more for clothing
Panama
|
Hong Kong
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$43.92
PAB43.92
|
$76.24
HK$594.89
|
|
Regular dress
from H&M or similar store
|
$40.61
PAB40.61
|
$41.17
HK$321.27
|
|
Running shoes
Nike or Adidas
|
$66.54
PAB66.54
|
$91.44
HK$713.49
|
|
Men's business shoes (leather) |
$78.30
PAB78.30
|
$135.10
HK$1,054.17
|
|
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