ℹ️ About the data: the figures for Shenzhen and Panama City are averages compiled from millions of user-contributed income and living-cost entries worldwide over the last 12 months (updated July 2026), converted to Chinese yuan (CNY, ¥). Green 🟢 marks a higher income or a lower price. Source: NUMBEO, which is widely cited by international media; the Seapoe team compiled, translated and processed the data.
Income comparison
| Metric | Shenzhen | Panama City | Shenzhen vs Panama City |
|---|
| 💰 Average monthly net salary | ¥11,743 | ¥6,281 | Shenzhen earns 1.9× the salary in Panama City |
Daily expenses
| Metric | Shenzhen | Panama City | Shenzhen vs Panama City |
|---|
| 🍜 Meal, inexpensive restaurant | ¥25 | ¥68 | Panama City costs 2.70× the price in Shenzhen |
| 🍝 Meal for two, mid-range restaurant (3 courses) | ¥200 | ¥304 | Panama City costs 1.52× the price in Shenzhen |
| 🍔 McMeal at McDonald's (or equivalent) | ¥35 | ¥54 | Panama City costs 1.54× the price in Shenzhen |
| 💧 Utilities, 85 m² apartment (monthly) | ¥382.6 | ¥866.3 | Panama City costs 2.26× the price in Shenzhen |
| 💻 Broadband internet, 60 Mbps+ (monthly) | ¥75.8 | ¥320.1 | Panama City costs 4.22× the price in Shenzhen |
| 📱 Mobile plan, calls + 10 GB+ data (monthly) | ¥61.7 | ¥202.2 | Panama City costs 3.28× the price in Shenzhen |
| 💪 Gym membership (monthly) | ¥330.1 | ¥305.4 | Shenzhen costs 1.08× the price in Panama City |
| 🎬 Cinema ticket, international release | ¥49.9 | ¥55.7 | Panama City costs 1.12× the price in Shenzhen |
| ⛽ Petrol (1 litre) | ¥8.6 | ¥7.9 | Shenzhen costs 1.09× the price in Panama City |
Supermarket prices
| Metric | Shenzhen | Panama City | Shenzhen vs Panama City |
|---|
| 🥩 Beef round (1 kg) | ¥93.3 | ¥65.4 | Shenzhen costs 1.43× the price in Panama City |
| 🥚 Eggs (12) | ¥11.8 | ¥17.9 | Panama City costs 1.52× the price in Shenzhen |
| 🥛 Milk (1 litre) | ¥11.0 | ¥12.6 | Panama City costs 1.15× the price in Shenzhen |
| 🍞 Bread (500 g) | ¥11.8 | ¥15.7 | Panama City costs 1.33× the price in Shenzhen |
| 🍏 Apples (1 kg) | ¥14.7 | ¥28.0 | Panama City costs 1.91× the price in Shenzhen |
| 🥔 Potatoes (1 kg) | ¥7.3 | ¥19.5 | Panama City costs 2.67× the price in Shenzhen |
| 🍅 Tomatoes (1 kg) | ¥9.5 | ¥27.3 | Panama City costs 2.87× the price in Shenzhen |
| 🍺 Domestic beer (500 ml) | ¥6.4 | ¥9.0 | Panama City costs 1.41× the price in Shenzhen |
| 🍷 Wine, mid-range bottle | ¥88.0 | ¥74.3 | Shenzhen costs 1.19× the price in Panama City |
Rent & property prices
| Metric | Shenzhen | Panama City | Shenzhen vs Panama City |
|---|
| 🛌 Rent, 1-bedroom in city centre (monthly) | ¥4,543 | ¥8,505 | Panama City costs 1.87× the price in Shenzhen |
| 🛌 Rent, 1-bedroom outside centre (monthly) | ¥3,049 | ¥6,086 | Panama City costs 2.00× the price in Shenzhen |
| 🚪 Rent, 3-bedroom in city centre (monthly) | ¥12,006 | ¥13,756 | Panama City costs 1.15× the price in Shenzhen |
| 🚪 Rent, 3-bedroom outside centre (monthly) | ¥5,876 | ¥10,137 | Panama City costs 1.73× the price in Shenzhen |
| 🏡 Apartment price per m², city centre | ¥87,274 | ¥20,870 | Shenzhen costs 4.18× the price in Panama City |
| 🏡 Apartment price per m², outside centre | ¥41,349 | ¥11,457 | Shenzhen costs 3.61× the price in Panama City |
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