Cost of living in Panama compared to Bangladesh
Currency:
| Food | + 42% | |||
|---|---|---|---|---|
| Food in Panama is 42% more expensive than in Bangladesh | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (Taka 1,003) | Taka 264 | + 280% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (Taka 571) | Taka 397 | + 44% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.21 B/. (Taka 273) | Taka 160 | + 71% | |
| 1 liter (1 qt.) of whole fat milk | 1.57 B/. (Taka 133) | Taka 81 | + 66% | |
| 12 eggs, large | 2.42 B/. (Taka 206) | Taka 116 | + 78% | |
| 1 kg (2 lb.) of tomatoes | 2.47 B/. (Taka 210) | Taka 52 | + 305% | |
| 500 gr (16 oz.) of local cheese | 6 B/. (Taka 523) | Taka 434 | + 20% | |
| 1 kg (2 lb.) of apples | 3.11 B/. (Taka 264) | Taka 186 | + 42% | |
| 1 kg (2 lb.) of potatoes | 2.22 B/. (Taka 188) | Taka 25 | + 651% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.93 B/. (Taka 79) | Taka 426 | - 81% | |
| 1 bottle of red table wine, good quality | 9 B/. (Taka 750) | Taka 1,872 | - 60% | |
| 2 liters of coca-cola | 2.53 B/. (Taka 215) | Taka 102 | + 110% | |
| Bread for 2 people for 1 day | 1.27 B/. (Taka 107) | Taka 41 | + 160% | |
| Housing | + 85% | |||
| Housing in Panama is 85% more expensive than in Bangladesh | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,308 B/. (Taka 111,033) | Taka 46,240 | + 140% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 862 B/. (Taka 73,207) | Taka 27,702 | + 164% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 123 B/. (Taka 10,450) | Taka 4,496 | + 132% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 924 B/. (Taka 78,439) | Taka 34,541 | + 127% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 605 B/. (Taka 51,396) | Taka 19,179 | + 168% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 87 B/. (Taka 7,370) | Taka 3,784 | + 95% | |
| Internet 8 mbps (1 month) | 32 B/. (Taka 2,674) | Taka 1,257 | + 113% | |
| 40” flat screen tv | 374 B/. (Taka 31,763) | Taka 35,775 | - 11% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 116 B/. (Taka 9,872) | Taka 12,836 | - 23% | |
| Laundry detergent (3 l. ~ 100 oz.) | 8 B/. (Taka 703) | Taka 341 | + 106% | |
| Hourly rate for cleaning help | 4.76 B/. (Taka 404) | Taka 1,289 | - 69% | |
| Clothes | + 84% | |||
| Clothes in Panama is 84% more expensive than in Bangladesh | ||||
| 1 pair of jeans (levis 501 or similar) | 49 B/. (Taka 4,139) | Taka 1,687 | + 145% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 35 B/. (Taka 2,949) | Taka 1,618 | + 82% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 75 B/. (Taka 6,386) | Taka 4,829 | + 32% | |
| 1 pair of men’s leather business shoes | 77 B/. (Taka 6,567) | Taka 3,696 | + 78% | |
| Transportation | - 12% | |||
| Transportation in Panama is 12% cheaper than in Bangladesh | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 20,428 B/. (Taka 1,734,170) | Taka 2,174,310 | - 20% | |
| 1 liter (1/4 gallon) of gas | 0.83 B/. (Taka 71) | Taka 95 | - 25% | |
| Monthly ticket public transport | 30 B/. (Taka 2,563) | Taka 2,580 | - 1% | |
| Personal Care | + 118% | |||
| Personal Care in Panama is 118% more expensive than in Bangladesh | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 8 B/. (Taka 716) | Taka 189 | + 279% | |
| 1 box of antibiotics (12 doses) | 27 B/. (Taka 2,319) | Taka 588 | + 294% | |
| Short visit to private doctor (15 minutes) | 46 B/. (Taka 3,864) | Taka 914 | + 323% | |
| 1 box of 32 tampons (tampax, ob, ...) | 4.54 B/. (Taka 386) | Taka 560 | - 31% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.80 B/. (Taka 323) | Taka 256 | + 26% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.12 B/. (Taka 435) | Taka 340 | + 28% | |
| 4 rolls of toilet paper | 2.41 B/. (Taka 205) | Taka 87 | + 135% | |
| Tube of toothpaste | 2.59 B/. (Taka 219) | Taka 102 | + 115% | |
| Standard men's haircut in expat area of the city | 15 B/. (Taka 1,233) | Taka 231 | + 433% | |
| Entertainment | + 73% | |||
| Entertainment in Panama is 73% more expensive than in Bangladesh | ||||
| Basic dinner out for two in neighborhood pub | 34 B/. (Taka 2,897) | Taka 1,040 | + 179% | |
| 2 tickets to the movies | 12 B/. (Taka 1,034) | Taka 878 | + 18% | |
| 2 tickets to the theater (best available seats) | 48 B/. (Taka 4,101) | Taka 2,026 | + 102% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 58 B/. (Taka 4,900) | Taka 2,200 | + 123% | |
| 1 cocktail drink in downtown club | 10 B/. (Taka 816) | Taka 1,227 | - 34% | |
| Cappuccino in expat area of the city | 4.01 B/. (Taka 341) | Taka 362 | - 6% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.95 B/. (Taka 250) | Taka 536 | - 53% | |
| Ipad wi-fi 128gb | 559 B/. (Taka 47,464) | Taka 35,756 | + 33% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.20 B/. (Taka 17) | Taka 1.70 | + 896% | |
| 1 month of gym membership in business district | 49 B/. (Taka 4,165) | Taka 1,903 | + 119% | |
| 1 package of marlboro cigarettes | 5.21 B/. (Taka 442) | Taka 270 | + 64% | |
| TOTAL | + 44% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 2,398 prices entered by 225 different people.
These prices were last updated on February 17, 2020.
Exchange rate:
84.892
BDT
/
PAB
Cost of living in Panama is 44% more expensive than in Bangladesh
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