- Cost of Living
- Panama
- Bangladesh
- Comparison
Cost of living in Panama compared to Bangladesh
Currency:
| Food | + 57% | |||
|---|---|---|---|---|
| Food in Panama is 57% more expensive than in Bangladesh | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (Taka 1,014) | Taka 328 | + 210% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 6 B/. (Taka 544) | Taka 415 | + 31% | |
| 500 gr (1 lb.) of boneless chicken breast | 3.57 B/. (Taka 299) | Taka 169 | + 77% | |
| 1 liter (1 qt.) of whole fat milk | 1.62 B/. (Taka 135) | Taka 74 | + 82% | |
| 12 eggs, large | 2.92 B/. (Taka 245) | Taka 97 | + 153% | |
| 1 kg (2 lb.) of tomatoes | 3.20 B/. (Taka 269) | Taka 63 | + 327% | |
| 500 gr (16 oz.) of local cheese | 4.68 B/. (Taka 392) | Taka 359 | + 9% | |
| 1 kg (2 lb.) of apples | 4.51 B/. (Taka 378) | Taka 146 | + 158% | |
| 1 kg (2 lb.) of potatoes | 2.00 B/. (Taka 168) | Taka 24 | + 613% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 0.87 B/. (Taka 73) | Taka 304 | - 76% | |
| 1 bottle of red table wine, good quality | 9 B/. (Taka 731) | Taka 2,421 | - 70% | |
| 2 liters of Coca-Cola | 2.23 B/. (Taka 187) | Taka 101 | + 86% | |
| Bread for 2 people for 1 day | 1.62 B/. (Taka 136) | Taka 44 | + 209% | |
| Housing | + 98% | |||
| Housing in Panama is 98% more expensive than in Bangladesh | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,595 B/. (Taka 133,737) | Taka 43,699 | + 206% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 1,004 B/. (Taka 84,121) | Taka 32,498 | + 159% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 130 B/. (Taka 10,859) | Taka 3,873 | + 180% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 988 B/. (Taka 82,801) | Taka 42,062 | + 97% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 587 B/. (Taka 49,214) | Taka 24,788 | + 99% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 108 B/. (Taka 9,090) | Taka 3,366 | + 170% | |
| Internet 8 Mbps (1 month) | 31 B/. (Taka 2,595) | Taka 2,008 | + 29% | |
| 40” flat screen TV | 350 B/. (Taka 29,339) | Taka 43,783 | - 33% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 95 B/. (Taka 7,971) | Taka 14,583 | - 45% | |
| Laundry detergent (3 l. ~ 100 oz.) | 9 B/. (Taka 788) | Taka 292 | + 170% | |
| Hourly rate for cleaning help | 4.18 B/. (Taka 351) | Taka 606 | - 42% | |
| Clothes | + 57% | |||
| Clothes in Panama is 57% more expensive than in Bangladesh | ||||
| 1 pair of jeans (Levis 501 or similar) | 67 B/. (Taka 5,653) | Taka 2,177 | + 160% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 39 B/. (Taka 3,261) | Taka 2,485 | + 31% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 82 B/. (Taka 6,914) | Taka 4,501 | + 54% | |
| 1 pair of men’s leather business shoes | 97 B/. (Taka 8,156) | Taka 3,784 | + 116% | |
| Transportation | - 17% | |||
| Transportation in Panama is 17% cheaper than in Bangladesh | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 20,119 B/. (Taka 1,686,442) | Taka 3,124,930 | - 46% | |
| 1 liter (1/4 gallon) of gas | 0.80 B/. (Taka 67) | Taka 92 | - 27% | |
| Monthly ticket public transport | 37 B/. (Taka 3,128) | Taka 2,504 | + 25% | |
| Personal Care | + 126% | |||
| Personal Care in Panama is 126% more expensive than in Bangladesh | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 5.19 B/. (Taka 435) | Taka 297 | + 46% | |
| 1 box of antibiotics (12 doses) | 28 B/. (Taka 2,378) | Taka 476 | + 399% | |
| Short visit to private Doctor (15 minutes) | 41 B/. (Taka 3,400) | Taka 1,238 | + 175% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 8 B/. (Taka 680) | Taka 370 | + 84% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 5.51 B/. (Taka 462) | Taka 304 | + 52% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.59 B/. (Taka 468) | Taka 344 | + 36% | |
| 4 rolls of toilet paper | 3.28 B/. (Taka 275) | Taka 90 | + 205% | |
| Tube of toothpaste | 2.86 B/. (Taka 240) | Taka 110 | + 119% | |
| Standard men's haircut in expat area of the city | 13 B/. (Taka 1,074) | Taka 326 | + 230% | |
| Entertainment | + 39% | |||
| Entertainment in Panama is 39% more expensive than in Bangladesh | ||||
| Basic dinner out for two in neighborhood pub | 50 B/. (Taka 4,169) | Taka 1,455 | + 187% | |
| 2 tickets to the movies | 12 B/. (Taka 999) | Taka 756 | + 32% | |
| 2 tickets to the theater (best available seats) | 104 B/. (Taka 8,686) | Taka 2,663 | + 226% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 71 B/. (Taka 5,967) | Taka 4,971 | + 20% | |
| 1 cocktail drink in downtown club | 9 B/. (Taka 744) | Taka 1,315 | - 43% | |
| Cappuccino in expat area of the city | 4.03 B/. (Taka 337) | Taka 516 | - 35% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4.06 B/. (Taka 340) | Taka 564 | - 40% | |
| iPad Wi-Fi 128GB | 586 B/. (Taka 49,085) | Taka 35,756 | + 37% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | Taka 21 | - | |
| 1 month of gym membership in business district | 58 B/. (Taka 4,846) | Taka 2,557 | + 90% | |
| 1 package of Marlboro cigarettes | 5.21 B/. (Taka 437) | Taka 228 | + 91% | |
| TOTAL | + 42% | |||
These prices were last updated on November 13, 2018.
Exchange rate:
83.822
BDT
/
PAB
This comparison is based on abundant and consistent data. It is based on 3,193 prices entered by 429 different people.
Cost of living in Panama is 42% more expensive than in Bangladesh
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