- Cost of Living
- Panama
- Bangladesh
- Comparison
Cost of living in Panama compared to Bangladesh
Currency:
| Food | + 47% | |||
|---|---|---|---|---|
| Food in Panama is 47% more expensive than in Bangladesh | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (Taka 970) | Taka 379 | + 156% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 6 B/. (Taka 546) | Taka 426 | + 28% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.98 B/. (Taka 334) | Taka 223 | + 50% | |
| 1 liter (1 qt.) of whole fat milk | 1.58 B/. (Taka 133) | Taka 75 | + 78% | |
| 12 eggs, large | 2.55 B/. (Taka 214) | Taka 102 | + 110% | |
| 1 kg (2 lb.) of tomatoes | 3.48 B/. (Taka 292) | Taka 56 | + 422% | |
| 500 gr (16 oz.) of local cheese | 5.09 B/. (Taka 427) | Taka 330 | + 29% | |
| 1 kg (2 lb.) of apples | 5.00 B/. (Taka 420) | Taka 148 | + 183% | |
| 1 kg (2 lb.) of potatoes | 1.66 B/. (Taka 139) | Taka 24 | + 471% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.01 B/. (Taka 85) | Taka 318 | - 73% | |
| 1 bottle of red table wine, good quality | 9 B/. (Taka 735) | Taka 2,478 | - 70% | |
| 2 liters of Coca-Cola | 2.32 B/. (Taka 195) | Taka 101 | + 93% | |
| Bread for 2 people for 1 day | 1.59 B/. (Taka 133) | Taka 47 | + 182% | |
| Housing | + 109% | |||
| Housing in Panama is 109% more expensive than in Bangladesh | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,559 B/. (Taka 130,842) | Taka 43,370 | + 202% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 1,050 B/. (Taka 88,139) | Taka 35,222 | + 150% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 164 B/. (Taka 13,735) | Taka 3,522 | + 290% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 1,032 B/. (Taka 86,600) | Taka 46,238 | + 87% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 635 B/. (Taka 53,262) | Taka 24,863 | + 114% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 124 B/. (Taka 10,385) | Taka 2,602 | + 299% | |
| Internet 8 Mbps (1 month) | 32 B/. (Taka 2,698) | Taka 1,743 | + 55% | |
| 40” flat screen TV | 364 B/. (Taka 30,563) | Taka 41,009 | - 25% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 90 B/. (Taka 7,529) | Taka 14,235 | - 47% | |
| Laundry detergent (3 l. ~ 100 oz.) | 10 B/. (Taka 827) | Taka 307 | + 169% | |
| Hourly rate for cleaning help | 4.26 B/. (Taka 357) | Taka 549 | - 35% | |
| Clothes | + 81% | |||
| Clothes in Panama is 81% more expensive than in Bangladesh | ||||
| 1 pair of jeans (Levis 501 or similar) | 68 B/. (Taka 5,666) | Taka 2,195 | + 158% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 48 B/. (Taka 4,037) | Taka 2,371 | + 70% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 81 B/. (Taka 6,831) | Taka 4,982 | + 37% | |
| 1 pair of men’s leather business shoes | 98 B/. (Taka 8,256) | Taka 3,904 | + 111% | |
| Transportation | - 4% | |||
| Transportation in Panama is 4% cheaper than in Bangladesh | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 19,573 B/. (Taka 1,642,798) | Taka 2,739,980 | - 40% | |
| 1 liter (1/4 gallon) of gas | 0.77 B/. (Taka 65) | Taka 88 | - 26% | |
| Monthly ticket public transport | 42 B/. (Taka 3,516) | Taka 2,280 | + 54% | |
| Personal Care | + 130% | |||
| Personal Care in Panama is 130% more expensive than in Bangladesh | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 6 B/. (Taka 526) | Taka 300 | + 75% | |
| 1 box of antibiotics (12 doses) | 33 B/. (Taka 2,743) | Taka 540 | + 408% | |
| Short visit to private Doctor (15 minutes) | 40 B/. (Taka 3,330) | Taka 1,213 | + 175% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 11 B/. (Taka 884) | Taka 339 | + 161% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.48 B/. (Taka 460) | Taka 312 | + 48% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 6.00 B/. (Taka 504) | Taka 361 | + 40% | |
| 4 rolls of toilet paper | 3.31 B/. (Taka 278) | Taka 91 | + 204% | |
| Tube of toothpaste | 2.41 B/. (Taka 202) | Taka 107 | + 89% | |
| Standard men's haircut in expat area of the city | 13 B/. (Taka 1,081) | Taka 308 | + 251% | |
| Entertainment | + 76% | |||
| Entertainment in Panama is 76% more expensive than in Bangladesh | ||||
| Basic dinner out for two in neighborhood pub | 48 B/. (Taka 4,023) | Taka 951 | + 323% | |
| 2 tickets to the movies | 12 B/. (Taka 974) | Taka 760 | + 28% | |
| 2 tickets to the theater (best available seats) | 125 B/. (Taka 10,485) | Taka 2,046 | + 412% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 75 B/. (Taka 6,293) | Taka 2,831 | + 122% | |
| 1 cocktail drink in downtown club | 9 B/. (Taka 752) | Taka 1,364 | - 45% | |
| Cappuccino in expat area of the city | 4.06 B/. (Taka 341) | Taka 300 | + 13% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.16 B/. (Taka 349) | Taka 501 | - 30% | |
| iPad Wi-Fi 128GB | 598 B/. (Taka 50,163) | Taka 35,756 | + 40% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.50 B/. (Taka 42) | Taka 22 | + 88% | |
| 1 month of gym membership in business district | 54 B/. (Taka 4,570) | Taka 2,792 | + 64% | |
| 1 package of Marlboro cigarettes | 5.38 B/. (Taka 451) | Taka 232 | + 94% | |
| TOTAL | + 56% | |||
These prices were last updated on January 16, 2019.
Exchange rate:
83.931
BDT
/
PAB
This comparison is based on abundant and consistent data. It is based on 2,952 prices entered by 416 different people.
Cost of living in Panama is 56% more expensive than in Bangladesh
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