HomePricePeek

Panama City vs Shanghai

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Panama City vs Shanghai

Panama City is 67% more affordable for homebuyers. Panama City has a price-to-income ratio of 7.5x compared to 18.5x in Shanghai.

MetricPanama CityShanghai
Avg Home Price$180,000$550,000
Price / sqm$2,500$10,500
Rent (1BR)$800/mo$1,200/mo
Rent (3BR)$1,400/mo$2,200/mo
Price-to-Income7.5x18.5x
Mortgage Rate6.5%4.2%
1yr Change+2.5%-2.8%
Median Income$24,000/yr$30,000/yr
Population880,00028,500,000
Panama CityView full details โ†’ShanghaiView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Panama City or Shanghai more expensive?
Panama City is more affordable. Home prices differ by $370,000 (67%).
Which city has cheaper rent, Panama City or Shanghai?
Rent for a 1BR in Panama City is $800/mo vs $1,200/mo in Shanghai.

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