Cost of living comparison
Panama City is 22.4% cheaper than Hong Kong.
If you lived in Panama City instead of Hong Kong, you would:
pay 28.7% more for restaurants
Hong Kong
|
Panama City
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.64
HK$59.86
|
$10.00
PAB10.00
|
|
Fast food combo meal
McDonalds, or similar
|
$5.73
HK$44.90
|
$7.00
PAB7.00
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.23
HK$9.62
|
$1.73
PAB1.73
|
|
Bottle of water (11 fl. oz) |
$1.11
HK$8.66
|
$1.34
PAB1.34
|
|
pay 27.7% less for groceries
Hong Kong
|
Panama City
|
||
---|---|---|---|
Bread
1 loaf
|
$2.29
HK$17.91
|
$2.36
PAB2.36
|
|
Local cheese (8 oz) |
$12.63
HK$98.91
|
$4.56
PAB4.56
|
|
Milk (1 gallon) |
$11.66
HK$91.30
|
$6.17
PAB6.17
|
|
Eggs
1 dozen
|
$3.47
HK$27.15
|
$2.20
PAB2.20
|
|
Boneless chicken breast (1 lb) |
$4.48
HK$35.08
|
$3.23
PAB3.23
|
|
Apples (1 lb) |
$2.03
HK$15.90
|
$1.43
PAB1.43
|
|
Bananas (1 lb) |
$1.13
HK$8.86
|
$0.60
PAB0.60
|
|
Oranges (1 lb) |
$1.75
HK$13.73
|
$1.36
PAB1.36
|
|
Tomatoes (1 lb) |
$1.35
HK$10.56
|
$1.53
PAB1.53
|
|
Potatoes (1 lb) |
$1.21
HK$9.46
|
$0.89
PAB0.89
|
|
Onions (1 lb) |
$1.18
HK$9.22
|
$0.94
PAB0.94
|
|
pay 31.6% less for transportation
Hong Kong
|
Panama City
|
||
---|---|---|---|
Gasoline (1 gallon) |
$10.64
HK$83.35
|
$4.18
PAB4.18
|
|
Monthly public transit pass |
$63.70
HK$498.83
|
$25.00
PAB25.00
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,122.07
HK$259,393.87
|
$22,250.00
PAB22,250.00
|
|
Taxi trip in downtown area (5 miles) |
$13.12
HK$102.76
|
$16.80
PAB16.80
|
|
pay 15.4% less for housing
Hong Kong
|
Panama City
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$23.34
HK$182.78
|
$50.20
PAB50.20
|
|
1-Bedroom apartment in downtown area |
$2,288.41
HK$17,921.54
|
$900.91
PAB900.91
|
|
1-Bedroom apartment outside city center |
$1,628.63
HK$12,754.51
|
$515.48
PAB515.48
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$157.03
HK$1,229.81
|
$82.33
PAB82.33
|
|
pay 48.0% less for childcare
Hong Kong
|
Panama City
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$771.50
HK$6,041.98
|
$420.62
PAB420.62
|
|
Middle school for 1 child, two semesters |
$18,861.18
HK$147,710.40
|
$9,343.71
PAB9,343.71
|
|
pay 44.0% less for entertainment and sports
Hong Kong
|
Panama City
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.37
HK$49.88
|
$2.50
PAB2.50
|
|
Cappuccino in mid-range area |
$5.02
HK$39.32
|
$3.51
PAB3.51
|
|
Pack of cigarettes
Marlboro or similar
|
$8.28
HK$64.85
|
$5.78
PAB5.78
|
|
Monthly membership at local gym |
$79.37
HK$621.55
|
$42.79
PAB42.79
|
|
Movie ticket to theater/cinema |
$12.74
HK$99.77
|
$6.00
PAB6.00
|
|
pay 18.8% less for clothing
Hong Kong
|
Panama City
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$80.90
HK$633.58
|
$53.50
PAB53.50
|
|
Regular dress
from H&M or similar store
|
$39.86
HK$312.19
|
$41.33
PAB41.33
|
|
Running shoes
Nike or Adidas
|
$88.35
HK$691.89
|
$74.88
PAB74.88
|
|
Men's business shoes (leather) |
$129.40
HK$1,013.40
|
$90.67
PAB90.67
|
|
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