Cost of living in Panama compared to Bangladesh
Currency:
| Food | + 100% | |||
|---|---|---|---|---|
| Food in Panama is 100% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 16 B/. (Taka 1,732) | Taka 324 | + 435% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 8 B/. (Taka 854) | Taka 492 | + 74% | |
| 500 gr (1 lb.) of boneless chicken breast | 4.10 B/. (Taka 443) | Taka 196 | + 126% | |
| 1 liter (1 qt.) of whole fat milk | 1.65 B/. (Taka 178) | Taka 92 | + 93% | |
| 12 eggs, large | 2.99 B/. (Taka 323) | Taka 132 | + 145% | |
| 1 kg (2 lb.) of tomatoes | 2.30 B/. (Taka 248) | Taka 78 | + 218% | |
| 500 gr (16 oz.) of local cheese | 8 B/. (Taka 820) | Taka 608 | + 35% | |
| 1 kg (2 lb.) of apples | 2.73 B/. (Taka 295) | Taka 223 | + 32% | |
| 1 kg (2 lb.) of potatoes | 1.92 B/. (Taka 208) | Taka 33 | + 534% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.53 B/. (Taka 165) | Taka 384 | - 57% | |
| 1 bottle of red table wine, good quality | 16 B/. (Taka 1,731) | Taka 1,400 | + 24% | |
| 2 liters of coca-cola | 2.55 B/. (Taka 275) | Taka 111 | + 147% | |
| Bread for 2 people for 1 day | 1.74 B/. (Taka 188) | Taka 70 | + 168% | |
| Housing | + 203% | |||
| Housing in Panama is 203% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,349 B/. (Taka 145,652) | Taka 43,758 | + 233% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 907 B/. (Taka 97,878) | Taka 25,202 | + 288% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 145 B/. (Taka 15,663) | Taka 3,035 | + 416% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 936 B/. (Taka 101,095) | Taka 22,952 | + 340% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 930 B/. (Taka 100,396) | Taka 18,549 | + 441% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 99 B/. (Taka 10,738) | Taka 7,137 | + 50% | |
| Internet 8 mbps (1 month) | 45 B/. (Taka 4,881) | Taka 1,213 | + 302% | |
| 40” flat screen tv | 332 B/. (Taka 35,801) | Taka 31,061 | + 15% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 101 B/. (Taka 10,922) | Taka 17,904 | - 39% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7 B/. (Taka 802) | Taka 417 | + 92% | |
| Hourly rate for cleaning help | 5.12 B/. (Taka 553) | - | - | |
| Clothes | + 38% | |||
| Clothes in Panama is 38% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 48 B/. (Taka 5,164) | Taka 2,410 | + 114% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 31 B/. (Taka 3,338) | Taka 3,066 | + 9% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 88 B/. (Taka 9,462) | Taka 6,410 | + 48% | |
| 1 pair of men’s leather business shoes | 90 B/. (Taka 9,668) | Taka 4,273 | + 126% | |
| Transportation | + 5% | |||
| Transportation in Panama is 5% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 21,660 B/. (Taka 2,338,577) | Taka 4,000,000 | - 42% | |
| 1 liter (1/4 gallon) of gas | 1.25 B/. (Taka 135) | Taka 107 | + 26% | |
| Monthly ticket public transport | 36 B/. (Taka 3,847) | Taka 2,440 | + 58% | |
| Personal Care | + 172% | |||
| Personal Care in Panama is 172% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 9 B/. (Taka 984) | Taka 285 | + 246% | |
| 1 box of antibiotics (12 doses) | 24 B/. (Taka 2,538) | Taka 513 | + 395% | |
| Short visit to private doctor (15 minutes) | 41 B/. (Taka 4,459) | Taka 1,500 | + 197% | |
| 1 box of 32 tampons (tampax, ob, ...) | 7 B/. (Taka 792) | Taka 425 | + 86% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.80 B/. (Taka 410) | Taka 333 | + 23% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 7 B/. (Taka 792) | Taka 376 | + 111% | |
| 4 rolls of toilet paper | 3.78 B/. (Taka 408) | Taka 85 | + 380% | |
| Tube of toothpaste | 3.41 B/. (Taka 369) | Taka 89 | + 315% | |
| Standard men's haircut in expat area of the city | 15 B/. (Taka 1,642) | Taka 445 | + 269% | |
| Entertainment | + 152% | |||
| Entertainment in Panama is 152% more expensive than in Bangladesh | ||||
| Panama | Bangladesh | Diff | ||
| Basic dinner out for two in neighborhood pub | 32 B/. (Taka 3,430) | Taka 1,308 | + 162% | |
| 2 tickets to the movies | 15 B/. (Taka 1,637) | Taka 852 | + 92% | |
| 2 tickets to the theater (best available seats) | 32 B/. (Taka 3,482) | Taka 1,768 | + 97% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 54 B/. (Taka 5,808) | Taka 2,051 | + 183% | |
| 1 cocktail drink in downtown club | 11 B/. (Taka 1,191) | Taka 999 | + 19% | |
| Cappuccino in expat area of the city | 5.66 B/. (Taka 612) | Taka 248 | + 146% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 2.67 B/. (Taka 288) | Taka 564 | - 49% | |
| Ipad wi-fi 128gb | 590 B/. (Taka 63,702) | Taka 35,756 | + 78% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.39 B/. (Taka 42) | Taka 2.94 | + 1341% | |
| 1 month of gym membership in business district | 51 B/. (Taka 5,533) | Taka 2,601 | + 113% | |
| 1 package of marlboro cigarettes | 5.73 B/. (Taka 618) | Taka 292 | + 112% | |
| TOTAL | + 88% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,366 prices entered by 335 different people.
These prices were last updated on June 07, 2023.
Exchange rate:
107.970
BDT
/
PAB
Cost of living in Panama is 88% more expensive than in Bangladesh
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