Cost of living in Panama compared to Bangladesh
Currency:
| Food | + 59% | |||
|---|---|---|---|---|
| Food in Panama is 59% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 20 B/. (Taka 1,769) | Taka 532 | + 233% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (Taka 659) | Taka 488 | + 35% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.21 B/. (Taka 281) | Taka 263 | + 7% | |
| 1 liter (1 qt.) of whole fat milk | 1.60 B/. (Taka 140) | Taka 98 | + 42% | |
| 12 eggs, large | 2.57 B/. (Taka 225) | Taka 134 | + 68% | |
| 1 kg (2 lb.) of tomatoes | 2.32 B/. (Taka 203) | Taka 96 | + 111% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (Taka 695) | Taka 329 | + 111% | |
| 1 kg (2 lb.) of apples | 2.42 B/. (Taka 212) | Taka 203 | + 4% | |
| 1 kg (2 lb.) of potatoes | 2.44 B/. (Taka 213) | Taka 27 | + 678% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.48 B/. (Taka 129) | Taka 530 | - 76% | |
| 1 bottle of red table wine, good quality | 16 B/. (Taka 1,374) | Taka 1,346 | + 2% | |
| 2 liters of coca-cola | 2.49 B/. (Taka 218) | Taka 112 | + 95% | |
| Bread for 2 people for 1 day | 2.02 B/. (Taka 177) | Taka 58 | + 205% | |
| Housing | + 111% | |||
| Housing in Panama is 111% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,294 B/. (Taka 113,292) | Taka 43,087 | + 163% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 748 B/. (Taka 65,498) | Taka 21,416 | + 206% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 94 B/. (Taka 8,271) | Taka 4,489 | + 84% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 860 B/. (Taka 75,292) | Taka 37,342 | + 102% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 480 B/. (Taka 42,004) | Taka 20,129 | + 109% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 75 B/. (Taka 6,592) | Taka 3,105 | + 112% | |
| Internet 8 mbps (1 month) | 30 B/. (Taka 2,650) | Taka 947 | + 180% | |
| 40” flat screen tv | 331 B/. (Taka 28,979) | Taka 36,542 | - 21% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 136 B/. (Taka 11,875) | Taka 16,205 | - 27% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (Taka 636) | Taka 369 | + 72% | |
| Hourly rate for cleaning help | 16 B/. (Taka 1,387) | - | - | |
| Clothes | + 4% | |||
| Clothes in Panama is 4% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 47 B/. (Taka 4,127) | Taka 2,612 | + 58% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 38 B/. (Taka 3,319) | Taka 3,117 | + 6% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 76 B/. (Taka 6,681) | Taka 9,947 | - 33% | |
| 1 pair of men’s leather business shoes | 80 B/. (Taka 6,967) | Taka 6,827 | + 2% | |
| Transportation | + 14% | |||
| Transportation in Panama is 14% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 20,986 B/. (Taka 1,837,334) | Taka 2,773,830 | - 34% | |
| 1 liter (1/4 gallon) of gas | 1.20 B/. (Taka 105) | Taka 91 | + 15% | |
| Monthly ticket public transport | 38 B/. (Taka 3,289) | Taka 1,696 | + 94% | |
| Personal Care | + 77% | |||
| Personal Care in Panama is 77% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 7 B/. (Taka 638) | Taka 296 | + 116% | |
| 1 box of antibiotics (12 doses) | 24 B/. (Taka 2,108) | Taka 1,395 | + 51% | |
| Short visit to private doctor (15 minutes) | 64 B/. (Taka 5,608) | Taka 1,191 | + 371% | |
| 1 box of 32 tampons (tampax, ob, ...) | 6 B/. (Taka 564) | Taka 498 | + 13% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.29 B/. (Taka 463) | Taka 208 | + 122% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (Taka 612) | Taka 690 | - 11% | |
| 4 rolls of toilet paper | 2.83 B/. (Taka 248) | Taka 173 | + 43% | |
| Tube of toothpaste | 3.32 B/. (Taka 291) | Taka 229 | + 27% | |
| Standard men's haircut in expat area of the city | 16 B/. (Taka 1,437) | Taka 304 | + 373% | |
| Entertainment | + 99% | |||
| Entertainment in Panama is 99% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| Basic dinner out for two in neighborhood pub | 42 B/. (Taka 3,706) | Taka 1,410 | + 163% | |
| 2 tickets to the movies | 13 B/. (Taka 1,101) | Taka 885 | + 24% | |
| 2 tickets to the theater (best available seats) | 67 B/. (Taka 5,852) | Taka 1,939 | + 202% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 55 B/. (Taka 4,850) | Taka 3,617 | + 34% | |
| 1 cocktail drink in downtown club | 7 B/. (Taka 590) | Taka 1,328 | - 56% | |
| Cappuccino in expat area of the city | 4.27 B/. (Taka 373) | Taka 393 | - 5% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.13 B/. (Taka 274) | Taka 594 | - 54% | |
| Ipad wi-fi 128gb | 882 B/. (Taka 77,200) | Taka 35,756 | + 116% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.30 B/. (Taka 27) | Taka 2.19 | + 1112% | |
| 1 month of gym membership in business district | 51 B/. (Taka 4,439) | Taka 1,057 | + 320% | |
| 1 package of marlboro cigarettes | 7 B/. (Taka 593) | Taka 270 | + 119% | |
| TOTAL | + 61% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,167 prices entered by 278 different people.
These prices were last updated on May 18, 2022.
Exchange rate:
87.550
BDT
/
PAB
Cost of living in Panama is 61% more expensive than in Bangladesh
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