Cost of living comparison

compared to

Panama City vs. Beijing Cost of Living Summary

Panama City is 48.0% more expensive than Beijing.

Restaurants
pay 2.4 times more in Panama City
Groceries
pay 88.3% more in Panama City
Transportation
pay 0.9% more in Panama City
Housing
pay 65.2% more in Panama City
Childcare
pay 42.5% less in Panama City
Entertainment and Sports
pay 38.2% more in Panama City
Clothing
pay 2.3% more in Panama City

The cost of restaurants, groceries, housing, entertainment and sports, clothing, and transportation in Panama City are more expensive than in Beijing. Notably, restaurants and groceries are significantly more expensive in Panama City.

Panama City vs. Beijing Cost Breakdown

If you lived in Panama City instead of Beijing, you would:

pay 2.4 times more for restaurants

 
Beijing
Panama City
Basic meal with drink at inexpensive restaurant $4.47
CN¥29.87
$11.50
PAB11.50
Fast food combo meal
McDonalds, or similar
$5.22
CN¥34.85
$8.00
PAB8.00
Bottle of Coca-Cola (11 fl. oz) $0.52
CN¥3.48
$1.97
PAB1.97

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pay 88.3% more for groceries

 
Beijing
Panama City
Bread
1 loaf
$1.73
CN¥11.53
$2.52
PAB2.52
Local cheese (8 oz) $7.22
CN¥48.16
$6.18
PAB6.18
Milk (1 gallon) $6.41
CN¥42.78
$7.09
PAB7.09

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pay 0.9% more for transportation

 
Beijing
Panama City
Gasoline (1 gallon) $4.96
CN¥33.12
$4.62
PAB4.62
Monthly public transit pass $34.30
CN¥228.99
$21.00
PAB21.00
New Volkswagen Golf 1.4 (standard edition) $19,374.76
CN¥129K
$21,262.00
PAB21,262.00

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pay 65.2% more for housing

 
Beijing
Panama City
Internet connection
50 mbps or faster, cable/dsl
$14.27
CN¥95.25
$48.70
PAB48.70
1-Bedroom apartment in downtown area $936.67
CN¥6,252.37
$1,262.50
PAB1,262.50
1-Bedroom apartment outside city center $530.98
CN¥3,544.34
$874.18
PAB874.18

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pay 42.5% less for childcare

 
Beijing
Panama City
Private preschool for 1 child, monthly $653.29
CN¥4,360.75
$543.33
PAB543.33
Middle school for 1 child, two semesters $24,281.96
CN¥162K
$9,641.50
PAB9,641.50

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pay 38.2% more for entertainment and sports

 
Beijing
Panama City
Domestic/local beer (1 pint) $1.19
CN¥7.96
$3.30
PAB3.30
Cappuccino in mid-range area $3.60
CN¥24.03
$4.11
PAB4.11
Pack of cigarettes
Marlboro or similar
$4.33
CN¥28.87
$6.00
PAB6.00

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pay 2.3% more for clothing

 
Beijing
Panama City
Regular jeans
Levi's brand
$70.55
CN¥470.92
$66.67
PAB66.67
Regular dress
from H&M or similar store
$40.41
CN¥269.73
$48.43
PAB48.43
Running shoes
Nike or Adidas
$86.99
CN¥580.64
$94.62
PAB94.62

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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