Cost of living comparison

compared to

Panama vs. Hong Kong Cost of Living Summary

Panama is 27.5% cheaper than Hong Kong overall.

Restaurants: pay 8.4% more in Panama
Groceries: pay 16.4% less in Panama
Transportation: pay 33.1% less in Panama
Housing: pay 15.4% less in Panama
Childcare: pay 61.4% less in Panama
Entertainment and Sports: pay 49.8% less in Panama
Clothing: pay 24.6% less in Panama

Expenses including childcare, entertainment and sports, transportation, clothing, groceries, and housing are lower in Panama.

Panama vs. Hong Kong Cost Breakdown

If you lived in Panama instead of Hong Kong, you would:

Display currency: USD

pay 8.4% more for restaurants

	Hong Kong	Panama
Basic meal with drink at inexpensive restaurant	$7.91 HK$61.55	$8.35 PAB8.35	+5.6%
Fast food combo meal McDonalds, or similar	$6.43 HK$50.04	$7.75 PAB7.75	+20.6%
Bottle of Coca-Cola (11 fl. oz)	$1.39 HK$10.81	$1.37 PAB1.37	-1.2%
Bottle of water (11 fl. oz)	$1.11 HK$8.66	$1.21 PAB1.21	+8.7%
Average			+8.4%

Hong Kong vs. Panama - Cost of restaurants

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pay 16.4% less for groceries

	Hong Kong	Panama
Bread 1 loaf	$2.19 HK$17.06	$2.21 PAB2.21	+1.0%
Local cheese (8 oz)	$12.44 HK$96.85	$6.02 PAB6.02	-51.6%
Milk (1 gallon)	$11.75 HK$91.46	$6.86 PAB6.86	-41.6%
Eggs 1 dozen	$3.52 HK$27.37	$2.47 PAB2.47	-29.8%
Boneless chicken breast (1 lb)	$4.85 HK$37.76	$3.58 PAB3.58	-26.2%
Apples (1 lb)	$1.57 HK$12.19	$2.13 PAB2.13	+36.3%
Bananas (1 lb)	$1.09 HK$8.46	$0.60 PAB0.60	-44.9%
Oranges (1 lb)	$1.62 HK$12.63	$1.40 PAB1.40	-13.4%
Tomatoes (1 lb)	$1.39 HK$10.79	$1.51 PAB1.51	+8.7%
Potatoes (1 lb)	$1.10 HK$8.56	$0.96 PAB0.96	-12.8%
Onions (1 lb)	$1.06 HK$8.25	$0.99 PAB0.99	-6.5%
Average			-16.4%

Hong Kong vs. Panama - Cost of groceries

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pay 33.1% less for transportation

	Hong Kong	Panama
Gasoline (1 gallon)	$11.90 HK$92.63	$3.87 PAB3.87	-67.5%
Monthly public transit pass	$67.49 HK$525.39	$23.75 PAB23.75	-64.8%
New Volkswagen Golf 1.4 (standard edition)	$38,564.70 HK$300,222.36	$23,416.67 PAB23,416.67	-39.3%
Taxi trip in downtown area (5 miles)	$14.53 HK$113.08	$20.20 PAB20.20	+39.1%
Average			-33.1%

Hong Kong vs. Panama - Cost of transportation

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pay 15.4% less for housing

	Hong Kong	Panama
Internet connection 50 mbps or faster, cable/dsl	$22.19 HK$172.75	$48.39 PAB48.39	+118.1%
1-Bedroom apartment in downtown area	$2,349.29 HK$18,288.97	$765.94 PAB765.94	-67.4%
1-Bedroom apartment outside city center	$1,688.04 HK$13,141.20	$630.77 PAB630.77	-62.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$177.52 HK$1,382.01	$89.09 PAB89.09	-49.8%
Average			-15.4%

Hong Kong vs. Panama - Cost of housing

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pay 61.4% less for childcare

	Hong Kong	Panama
Private preschool for 1 child, monthly	$1,038.61 HK$8,085.47	$363.00 PAB363.00	-65.0%
Middle school for 1 child, two semesters	$22,248.89 HK$173,205.35	$9,411.11 PAB9,411.11	-57.7%
Average			-61.4%

Hong Kong vs. Panama - Cost of childcare

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pay 49.8% less for entertainment and sports

	Hong Kong	Panama
Domestic/local beer (1 pint)	$6.48 HK$50.47	$1.95 PAB1.95	-69.9%
Cappuccino in mid-range area	$5.23 HK$40.71	$3.54 PAB3.54	-32.3%
Pack of cigarettes Marlboro or similar	$13.11 HK$102.08	$5.48 PAB5.48	-58.2%
Monthly membership at local gym	$79.18 HK$616.37	$51.47 PAB51.47	-35.0%
Movie ticket to theater/cinema	$12.85 HK$100.07	$5.97 PAB5.97	-53.6%
Average			-49.8%

Hong Kong vs. Panama - Cost of entertainment and sports

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pay 24.6% less for clothing

	Hong Kong	Panama
Regular jeans Levi's brand	$74.06 HK$576.57	$43.33 PAB43.33	-41.5%
Regular dress from H&M or similar store	$42.18 HK$328.34	$34.17 PAB34.17	-19.0%
Running shoes Nike or Adidas	$91.97 HK$716.01	$80.40 PAB80.40	-12.6%
Men's business shoes (leather)	$142.80 HK$1,111.65	$106.46 PAB106.46	-25.4%
Average			-24.6%

Hong Kong vs. Panama - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025

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