Cost of living in Panama compared to Bangladesh
Currency:
| Food | + 44% | |||
|---|---|---|---|---|
| Food in Panama is 44% more expensive than in Bangladesh | ||||
| Basic lunchtime menu (including a drink) in the business district | 12 B/. (Taka 985) | Taka 228 | + 332% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 7 B/. (Taka 584) | Taka 356 | + 64% | |
| 500 gr (1 lb.) of boneless chicken breast | 2.65 B/. (Taka 225) | Taka 197 | + 14% | |
| 1 liter (1 qt.) of whole fat milk | 1.40 B/. (Taka 119) | Taka 76 | + 56% | |
| 12 eggs, large | 2.77 B/. (Taka 235) | Taka 107 | + 120% | |
| 1 kg (2 lb.) of tomatoes | 2.60 B/. (Taka 221) | Taka 57 | + 290% | |
| 500 gr (16 oz.) of local cheese | 5.99 B/. (Taka 508) | Taka 490 | + 3% | |
| 1 kg (2 lb.) of apples | 2.92 B/. (Taka 247) | Taka 162 | + 53% | |
| 1 kg (2 lb.) of potatoes | 2.03 B/. (Taka 172) | Taka 30 | + 480% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 1.02 B/. (Taka 86) | Taka 442 | - 80% | |
| 1 bottle of red table wine, good quality | 10 B/. (Taka 819) | Taka 1,508 | - 46% | |
| 2 liters of coca-cola | 2.20 B/. (Taka 186) | Taka 103 | + 82% | |
| Bread for 2 people for 1 day | 1.64 B/. (Taka 139) | Taka 41 | + 236% | |
| Housing | + 86% | |||
| Housing in Panama is 86% more expensive than in Bangladesh | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 1,285 B/. (Taka 108,985) | Taka 64,159 | + 70% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 919 B/. (Taka 77,898) | Taka 34,169 | + 128% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 109 B/. (Taka 9,266) | Taka 4,050 | + 129% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 856 B/. (Taka 72,570) | Taka 39,073 | + 86% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 673 B/. (Taka 57,026) | Taka 22,885 | + 149% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 79 B/. (Taka 6,714) | Taka 4,140 | + 62% | |
| Internet 8 mbps (1 month) | 40 B/. (Taka 3,399) | Taka 1,099 | + 209% | |
| 40” flat screen tv | 389 B/. (Taka 32,992) | Taka 37,254 | - 11% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 101 B/. (Taka 8,556) | Taka 15,000 | - 43% | |
| Laundry detergent (3 l. ~ 100 oz.) | 8 B/. (Taka 642) | Taka 411 | + 56% | |
| Hourly rate for cleaning help | 5.37 B/. (Taka 456) | Taka 621 | - 27% | |
| Clothes | + 38% | |||
| Clothes in Panama is 38% more expensive than in Bangladesh | ||||
| 1 pair of jeans (levis 501 or similar) | 44 B/. (Taka 3,750) | Taka 1,987 | + 89% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 38 B/. (Taka 3,196) | Taka 2,314 | + 38% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 68 B/. (Taka 5,731) | Taka 6,592 | - 13% | |
| 1 pair of men’s leather business shoes | 78 B/. (Taka 6,596) | Taka 4,454 | + 48% | |
| Transportation | - 1% | |||
| Transportation in Panama is about the same as in Bangladesh | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 20,866 B/. (Taka 1,769,280) | Taka 2,966,090 | - 40% | |
| 1 liter (1/4 gallon) of gas | 0.70 B/. (Taka 60) | Taka 94 | - 36% | |
| Monthly ticket public transport | 44 B/. (Taka 3,707) | Taka 2,108 | + 76% | |
| Personal Care | + 120% | |||
| Personal Care in Panama is 120% more expensive than in Bangladesh | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 11 B/. (Taka 957) | Taka 129 | + 642% | |
| 1 box of antibiotics (12 doses) | 19 B/. (Taka 1,641) | Taka 491 | + 234% | |
| Short visit to private doctor (15 minutes) | 37 B/. (Taka 3,096) | Taka 1,039 | + 198% | |
| 1 box of 32 tampons (tampax, ob, ...) | 3.83 B/. (Taka 325) | Taka 405 | - 20% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 3.02 B/. (Taka 256) | Taka 230 | + 11% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 5.59 B/. (Taka 474) | Taka 411 | + 15% | |
| 4 rolls of toilet paper | 2.62 B/. (Taka 222) | Taka 82 | + 171% | |
| Tube of toothpaste | 2.90 B/. (Taka 246) | Taka 100 | + 147% | |
| Standard men's haircut in expat area of the city | 14 B/. (Taka 1,215) | Taka 240 | + 406% | |
| Entertainment | + 67% | |||
| Entertainment in Panama is 67% more expensive than in Bangladesh | ||||
| Basic dinner out for two in neighborhood pub | 30 B/. (Taka 2,515) | Taka 1,281 | + 96% | |
| 2 tickets to the movies | 12 B/. (Taka 999) | Taka 958 | + 4% | |
| 2 tickets to the theater (best available seats) | 39 B/. (Taka 3,293) | Taka 2,373 | + 39% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 54 B/. (Taka 4,568) | Taka 2,103 | + 117% | |
| 1 cocktail drink in downtown club | 9 B/. (Taka 762) | Taka 1,179 | - 35% | |
| Cappuccino in expat area of the city | 4.62 B/. (Taka 392) | Taka 284 | + 38% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3.92 B/. (Taka 332) | Taka 633 | - 47% | |
| Ipad wi-fi 128gb | 537 B/. (Taka 45,561) | Taka 35,756 | + 27% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 0.34 B/. (Taka 29) | Taka 6.00 | + 376% | |
| 1 month of gym membership in business district | 46 B/. (Taka 3,914) | Taka 1,420 | + 176% | |
| 1 package of marlboro cigarettes | 5.35 B/. (Taka 454) | Taka 266 | + 71% | |
| TOTAL | + 48% | |||
These prices were last updated on March 02, 2021.
Exchange rate:
84.794
BDT
/
PAB
This comparison is based on abundant and consistent data. It is based on 1,842 prices entered by 352 different people.
Cost of living in Panama is 48% more expensive than in Bangladesh
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