Cost of living in Panama City, Panama vs Wuhan, China
Currency:
| Food | + 70% | |||
|---|---|---|---|---|
| Food in Panama City (Panama) is 70% more expensive than in Wuhan (China) | ||||
| Basic lunchtime menu (including a drink) in the business district | 15 B/. (96元) | 24元 | + 297% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (46元) | 32元 | + 41% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.52 B/. (23元) | 12元 | + 87% | |
| 1 liter (1 qt.) of whole fat milk | 1.41 B/. (9元) | 12元 | - 23% | |
| 12 eggs, large | 2.81 B/. (18元) | 14元 | + 34% | |
| 1 kg (2 lb.) of tomatoes | 2.47 B/. (16元) | 8元 | + 109% | |
| 500 gr (16 oz.) of local cheese | 5.73 B/. (37元) | 40元 | - 7% | |
| 1 kg (2 lb.) of apples | 3.15 B/. (21元) | 12元 | + 77% | |
| 1 kg (2 lb.) of potatoes | 1.95 B/. (13元) | 5.27元 | + 141% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.04 B/. (7元) | 5.28元 | + 28% | |
| 1 bottle of red table wine, good quality | 10 B/. (67元) | 100元 | - 33% | |
| 2 liters of coca-cola | 2.22 B/. (14元) | 7元 | + 119% | |
| Bread for 2 people for 1 day | 1.52 B/. (10元) | 8元 | + 26% | |
| Housing | + 127% | |||
| Housing in Panama City (Panama) is 127% more expensive than in Wuhan (China) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,445 B/. (9,404元) | 4,008元 | + 135% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 926 B/. (6,022元) | 2,539元 | + 137% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 106 B/. (688元) | 272元 | + 152% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 914 B/. (5,945元) | 2,620元 | + 127% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 608 B/. (3,953元) | 1,566元 | + 152% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 81 B/. (529元) | 268元 | + 97% | |
| Internet 8 mbps (1 month) | 41 B/. (269元) | 97元 | + 179% | |
| 40” flat screen tv | 360 B/. (2,342元) | 2,679元 | - 13% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 110 B/. (718元) | 930元 | - 23% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (46元) | 27元 | + 71% | |
| Hourly rate for cleaning help | 7 B/. (47元) | 26元 | + 83% | |
| Clothes | - 27% | |||
| Clothes in Panama City (Panama) is 27% cheaper than in Wuhan (China) | ||||
| 1 pair of jeans (levis 501 or similar) | 48 B/. (310元) | 488元 | - 37% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 36 B/. (234元) | 332元 | - 29% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 79 B/. (514元) | 630元 | - 19% | |
| 1 pair of men’s leather business shoes | 88 B/. (573元) | 567元 | + 1% | |
| Transportation | + 35% | |||
| Transportation in Panama City (Panama) is 35% more expensive than in Wuhan (China) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 19,294 B/. (125,536元) | 117,537元 | + 7% | |
| 1 liter (1/4 gallon) of gas | 0.67 B/. (4.36元) | 7元 | - 40% | |
| Monthly ticket public transport | 37 B/. (238元) | 115元 | + 106% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 12 B/. (79元) | 26元 | + 204% | |
| Personal Care | + 58% | |||
| Personal Care in Panama City (Panama) is 58% more expensive than in Wuhan (China) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (58元) | 19元 | + 208% | |
| 1 box of antibiotics (12 doses) | 22 B/. (140元) | 25元 | + 454% | |
| Short visit to private doctor (15 minutes) | 49 B/. (319元) | 200元 | + 60% | |
| 1 box of 32 tampons (tampax, ob, ...) | 4.25 B/. (28元) | 25元 | + 11% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.65 B/. (24元) | 32元 | - 26% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 6 B/. (39元) | 40元 | - 1% | |
| 4 rolls of toilet paper | 2.51 B/. (16元) | 10元 | + 67% | |
| Tube of toothpaste | 2.50 B/. (16元) | 10元 | + 68% | |
| Standard men's haircut in expat area of the city | 16 B/. (105元) | 29元 | + 256% | |
| Entertainment | + 32% | |||
| Entertainment in Panama City (Panama) is 32% more expensive than in Wuhan (China) | ||||
| Basic dinner out for two in neighborhood pub | 32 B/. (208元) | 86元 | + 142% | |
| 2 tickets to the movies | 12 B/. (77元) | 66元 | + 16% | |
| 2 tickets to the theater (best available seats) | 39 B/. (255元) | 652元 | - 61% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 52 B/. (340元) | 180元 | + 89% | |
| 1 cocktail drink in downtown club | 10 B/. (64元) | 41元 | + 57% | |
| Cappuccino in expat area of the city | 4.98 B/. (32元) | 33元 | - 2% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.79 B/. (25元) | 22元 | + 13% | |
| Ipad wi-fi 128gb | 543 B/. (3,536元) | 4,238元 | - 17% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.24 B/. (1.53元) | 0.30元 | + 411% | |
| 1 month of gym membership in business district | 46 B/. (302元) | 363元 | - 17% | |
| 1 package of marlboro cigarettes | 5.77 B/. (38元) | 20元 | + 88% | |
| TOTAL | + 58% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 676 prices entered by 67 different people.
These prices were last updated on April 18, 2021.
Exchange rate:
6.506
CNY
/
PAB
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Cost of living in Panama City (Panama) is 58% more expensive than in Wuhan (China)
For example, you would need at least 20,480元 (3,148 B/.) in Panama City to maintain the same standard of living that you can have with 13,000元 in Wuhan.
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