Published: Monday, 21th October 2024
The cost of living in Bangladesh is 2.58 times less expensive as compared to Panama.
On this page, you will find side-by-side cost comparison between Bangladesh and Panama. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Bangladesh and Panama.
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Indicators | Bangladesh | Panama |
---|---|---|
1 BHK Apartment in City Center | 16,000 BDT (145.60 USD) | 1,200 PAB (1,200 USD) |
2 BHK Apartment in City Center | 25,000 BDT (227.50 USD) | 2,000 PAB (2,000 USD) |
3 BHK Apartment in City Center | 35,000 BDT (318.50 USD) | 3,000 PAB (3,000 USD) |
1 BHK Apartment outside City Center | 10,000 BDT (91 USD) | 800 PAB (800 USD) |
2 BHK Apartment outside City Center | 18,000 BDT (163.80 USD) | 1,200 PAB (1,200 USD) |
3 BHK Apartment outside City Center | 25,000 BDT (227.50 USD) | 1,800 PAB (1,800 USD) |
Mortgage Rates Per Month | 7.5 % | 1.3 % |
Realtor Commission | 2 % | 5 % |
Property Taxes | 7.0 to 12.0 % | 0.6 to 1.0 % |
The average housing cost in Bangladesh is 8.64 times less expensive than Panama.
Indicators | Bangladesh | Panama |
---|---|---|
Basic Home Furnishing | 50,000 BDT (455 USD) | 3,000 PAB (3,000 USD) |
Electricity Cost Per Month | 3,500 BDT (31.85 USD) | 150 PAB (150 USD) |
Heating Cost Per Month | 1,500 BDT (13.65 USD) | 100 PAB (100 USD) |
Cooling Cost Per Month | 2,000 BDT (18.20 USD) | 80 PAB (80 USD) |
Water Supply Cost Per Month | 500 BDT (4.55 USD) | 60 PAB (60 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 84.56% less for Utilities.
The basic home furnishing in Bangladesh costs 6.59 times less compared to Panama.
Indicators | Bangladesh | Panama |
---|---|---|
Standard Wifi Cost Per Month | 1,200 BDT (10.92 USD) | 70 PAB (70 USD) |
Mobile Phone Basic Plan Cost Per Month | 700 BDT (6.37 USD) | 50 PAB (50 USD) |
Landline Basic Plan Cost Per Month | 500 BDT (4.55 USD) | 30 PAB (30 USD) |
Cable TV Basic Plan Cost Per Month | 600 BDT (5.46 USD) | 80 PAB (80 USD) |
The internet and communication costs 88.13% less in Bangladesh compared to Panama.
Indicators | Bangladesh | Panama |
---|---|---|
Long Grain Rice (1 KG) | 60 BDT (0.55 USD) | 2 PAB (2 USD) |
Milk (1 Liter) | 70 BDT (0.64 USD) | 1.50 PAB (1.50 USD) |
Water (1 Liter) | 15 BDT (0.14 USD) | 0.50 PAB (0.50 USD) |
Bread (500 gm) | 40 BDT (0.36 USD) | 1 PAB (1 USD) |
Eggs (1 Dozen) | 120 BDT (1.09 USD) | 3 PAB (3 USD) |
Cheese (1 KG) | 700 BDT (6.37 USD) | 5 PAB (5 USD) |
Chicken Breast (1 KG) | 250 BDT (2.27 USD) | 7 PAB (7 USD) |
In Bangladesh, the cost of 1 Liter Water and 1 Liter Milk is 2.59 times less expensive than the cost in Panama.
If you lived in Bangladesh, instead of Panama, you would have to pay 42.90% less for Groceries.
Indicators | Bangladesh | Panama |
---|---|---|
Apples (1 KG) | 200 BDT (1.82 USD) | 3 PAB (3 USD) |
Bananas (1 KG) | 60 BDT (0.55 USD) | 1.50 PAB (1.50 USD) |
Oranges (1 KG) | 150 BDT (1.36 USD) | 2 PAB (2 USD) |
Tomatoes (1 KG) | 70 BDT (0.64 USD) | 2 PAB (2 USD) |
Potatoes (1 KG) | 40 BDT (0.36 USD) | 1 PAB (1 USD) |
Lemons (1 KG) | 60 BDT (0.55 USD) | 2.50 PAB (2.50 USD) |
Onions (1 KG) | 50 BDT (0.46 USD) | 1.50 PAB (1.50 USD) |
Lentils (1 KG) | 90 BDT (0.82 USD) | 2.50 PAB (2.50 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 2.44 times less for Fruits and Vegetables.
Indicators | Bangladesh | Panama |
---|---|---|
Meal at a Resonable Restaurant | 250 BDT (2.27 USD) | 12 PAB (12 USD) |
Three-Course Meal for Two | 1,500 BDT (13.65 USD) | 30 PAB (30 USD) |
Fast Food Combo Meal | 350 BDT (3.19 USD) | 6 PAB (6 USD) |
Normal Coffee | 150 BDT (1.36 USD) | 2.50 PAB (2.50 USD) |
Soft Drink | 30 BDT (0.27 USD) | 1.50 PAB (1.50 USD) |
Pizza for One | 600 BDT (5.46 USD) | 12 PAB (12 USD) |
Take-Out Delivery Meal | 500 BDT (4.55 USD) | 10 PAB (10 USD) |
Cigarette Pack of 20 | 120 BDT (1.09 USD) | 6 PAB (6 USD) |
Dining-Out costs 60.19% less in Bangladesh compared to Panama.
Indicators | Bangladesh | Panama |
---|---|---|
Wine Mid-Range Bottle | 1,500 BDT (13.65 USD) | 15 PAB (15 USD) |
Glass of Wine | 200 BDT (1.82 USD) | 6 PAB (6 USD) |
Domestic Beer Half Liter | 150 BDT (1.36 USD) | 2.50 PAB (2.50 USD) |
Imported Beer Half Liter | 300 BDT (2.73 USD) | 4 PAB (4 USD) |
Domestic Alcohol 1 Liter | 500 BDT (4.55 USD) | 15 PAB (15 USD) |
Branded Alcohol 1 Liter | 1,000 BDT (9.10 USD) | 25 PAB (25 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 2.03 times less for usual hard drinks.
Indicators | Bangladesh | Panama |
---|---|---|
Monthly Public Transportation Pass | 2,000 BDT (18.20 USD) | 50 PAB (50 USD) |
Single Public Transportation Ticket | 20 BDT (0.18 USD) | 1.50 PAB (1.50 USD) |
Single Train Ticket | 500 BDT (4.55 USD) | Yet to Update () |
Domestic Airplane Ticket | 10,000 BDT (91 USD) | 100 PAB (100 USD) |
Taxi Start Fare | 100 BDT (0.91 USD) | 3 PAB (3 USD) |
Taxi Rate Per Kilometer | 30 BDT (0.27 USD) | 1.50 PAB (1.50 USD) |
Car Rental Per Day | 3,500 BDT (31.85 USD) | 30 PAB (30 USD) |
Parking Fees in City Center Per Hour | 50 BDT (0.46 USD) | 2 PAB (2 USD) |
Parking Fees outside City Center Per Hour | 20 BDT (0.18 USD) | 1 PAB (1 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 1.28 times less for transportation.
Indicators | Bangladesh | Panama |
---|---|---|
Reasonable Vehicle Purchase Cost | 1,500,000 BDT (13,650 USD) | 15,000 PAB (15,000 USD) |
Vehicle Registration Cost | 15,000 BDT (136.50 USD) | 80 PAB (80 USD) |
Driving License Fees | 5,000 BDT (45.50 USD) | 50 PAB (50 USD) |
Car Insurance Cost | 20,000 BDT (182 USD) | 400 PAB (400 USD) |
Car Maintenance Cost | 5,000 BDT (45.50 USD) | 150 PAB (150 USD) |
Car Loan Interest Rates | 10 % | 6 % |
Fuel Per Liter | 120 BDT (1.09 USD) | 1.20 PAB (1.20 USD) |
Fuel Per Gallon | 454.61 BDT (4.14 USD) | 4.50 PAB (4.50 USD) |
Average Toll Fees | 200 BDT 1.82 USD | 5 PAB 5 USD |
You would have to pay 1.12 times less for Vehicle purchase, daily operation and maintenance in Bangladesh compared to that of Panama.
Indicators | Bangladesh | Panama |
---|---|---|
Doctor Visit | 1,000 BDT (9.10 USD) | 50 PAB (50 USD) |
Specialist Visit | 2,000 BDT (18.20 USD) | 100 PAB (100 USD) |
Dentist Visit | 1,500 BDT (13.65 USD) | 70 PAB (70 USD) |
Eye Exam | 500 BDT (4.55 USD) | 50 PAB (50 USD) |
Mental Health Counseling | 1,500 BDT (13.65 USD) | 100 PAB (100 USD) |
Preventive Health Screening | 1,000 BDT (9.10 USD) | 50 PAB (50 USD) |
Physical Therapy | 2,000 BDT (18.20 USD) | 75 PAB (75 USD) |
Emergency Room Visit | 3,000 BDT (27.30 USD) | 300 PAB (300 USD) |
Hospital Stay Per Night | 10,000 BDT (91 USD) | 150 PAB (150 USD) |
Vaccinations | 500 BDT (4.55 USD) | 30 PAB (30 USD) |
Prescription Medication | 300 BDT (2.73 USD) | 20 PAB (20 USD) |
Over the Counter Medication | 100 BDT (0.91 USD) | 10 PAB (10 USD) |
Health Insurance Premiums | 5,000 BDT (45.50 USD) | 150 PAB (150 USD) |
Health Insurance Deductibles | 1,000 BDT (9.10 USD) | 75 PAB (75 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 4.60 times less for Health and Medical Treatment.
Indicators | Bangladesh | Panama |
---|---|---|
Cosmetic Procedures | 5,000 BDT (45.50 USD) | 200 PAB (200 USD) |
Spa Treatment | 2,000 BDT (18.20 USD) | 75 PAB (75 USD) |
Manicure Pedicure Cost | 800 BDT (7.28 USD) | 30 PAB (30 USD) |
Optical Glasses Cost | 2,000 BDT (18.20 USD) | 80 PAB (80 USD) |
Contact Lenses Cost | 1,000 BDT (9.10 USD) | 40 PAB (40 USD) |
Haircuts | 250 BDT (2.27 USD) | 15 PAB (15 USD) |
Hair Coloring | 500 BDT (4.55 USD) | 40 PAB (40 USD) |
Shampoo Price | 300 BDT (2.73 USD) | 5 PAB (5 USD) |
Toothpaste Price | 100 BDT (0.91 USD) | 2 PAB (2 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 4.48 times less for Personal Care Items and Treatment.
Indicators | Bangladesh | Panama |
---|---|---|
Pair of Nike Running Shoes | 5,000 BDT (45.50 USD) | 80 PAB (80 USD) |
Men's Shirt | 1,000 BDT (9.10 USD) | 25 PAB (25 USD) |
Women's Dress | 2,000 BDT (18.20 USD) | 40 PAB (40 USD) |
Summer Dress | 1,000 BDT (9.10 USD) | 30 PAB (30 USD) |
Men's Suit | 5,000 BDT (45.50 USD) | 100 PAB (100 USD) |
Men's Jeans | 2,000 BDT (18.20 USD) | 40 PAB (40 USD) |
Women's Jeans | 1,500 BDT (13.65 USD) | 30 PAB (30 USD) |
Men's Formal Shoes | 4,000 BDT (36.40 USD) | 80 PAB (80 USD) |
Women's Formal Shoes | 3,500 BDT (31.85 USD) | 80 PAB (80 USD) |
Men's Casual Shoes | 3,000 BDT (27.30 USD) | 50 PAB (50 USD) |
Women's Casual Shoes | 2,500 BDT (22.75 USD) | 50 PAB (50 USD) |
Underwear For Men | 300 BDT (2.73 USD) | 8 PAB (8 USD) |
Underwear For Women | 250 BDT (2.27 USD) | 12 PAB (12 USD) |
Socks For Men | 100 BDT (0.91 USD) | 3 PAB (3 USD) |
Socks For Women | 80 BDT (0.73 USD) | 3 PAB (3 USD) |
Wintercoat for Adults | 3,500 BDT (31.85 USD) | 80 PAB (80 USD) |
Sportswear | 1,500 BDT (13.65 USD) | 40 PAB (40 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 2.28 times less for Clothing and Footwear for Adults.
Indicators | Bangladesh | Panama |
---|---|---|
Children's Jeans | 800 BDT (7.28 USD) | 20 PAB (20 USD) |
Children's Normal Sneakers | 1,200 BDT (10.92 USD) | 30 PAB (30 USD) |
Children's Winter Coat | 2,000 BDT (18.20 USD) | 40 PAB (40 USD) |
Daycare for Infant | 5,000 BDT (45.50 USD) | 200 PAB (200 USD) |
Daycare for Toddler | 4,000 BDT (36.40 USD) | 150 PAB (150 USD) |
Childcare for Sick Days | 2,500 BDT (22.75 USD) | 30 PAB (30 USD) |
Early Childhood Education Programs | 4,000 BDT (36.40 USD) | 150 PAB (150 USD) |
Extra Curricular Activities | 2,000 BDT (18.20 USD) | 100 PAB (100 USD) |
Summer Camp for Kids | 5,000 BDT (45.50 USD) | 150 PAB (150 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 3.61 times less for Childcare and kids clothing.
Indicators | Bangladesh | Panama |
---|---|---|
PreSchool Fees | 3,500 BDT (31.85 USD) | 250 PAB (250 USD) |
Primary School Fees | 2,000 BDT (18.20 USD) | 400 PAB (400 USD) |
Secondary School Fees | 2,500 BDT (22.75 USD) | 600 PAB (600 USD) |
Private School Fees | 5,000 BDT (45.50 USD) | 1,000 PAB (1,000 USD) |
University Tuition Fees | 10,000 BDT (91 USD) | 2,500 PAB (2,500 USD) |
University Private Tuition Fees | 25,000 BDT (227.50 USD) | 3,500 PAB (3,500 USD) |
After School Activities | 1,500 BDT (13.65 USD) | 75 PAB (75 USD) |
Special Education Services | 3,500 BDT (31.85 USD) | 200 PAB (200 USD) |
Tutoring | 2,000 BDT (18.20 USD) | 30 PAB (30 USD) |
Textbooks Cost | 1,000 BDT (9.10 USD) | 50 PAB (50 USD) |
School Supplies | 500 BDT (4.55 USD) | 30 PAB (30 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 16.79 times less for school and education.
Indicators | Bangladesh | Panama |
---|---|---|
Movie Ticket (Single) | 300 BDT (2.73 USD) | 8 PAB (8 USD) |
Theater Ticket (Single) | 1,000 BDT (9.10 USD) | 15 PAB (15 USD) |
Concert Ticket (Single) | 1,500 BDT (13.65 USD) | 25 PAB (25 USD) |
Sports Event Ticket (Single) | 800 BDT (7.28 USD) | 15 PAB (15 USD) |
Gym Membership | 2,000 BDT (18.20 USD) | 40 PAB (40 USD) |
Swimming Pool Access | 1,500 BDT (13.65 USD) | 25 PAB (25 USD) |
Museum Entry Ticket | 200 BDT (1.82 USD) | 8 PAB (8 USD) |
Zoo Entry Ticket | 150 BDT (1.36 USD) | 12 PAB (12 USD) |
Amusement Park Entry Ticket | 500 BDT (4.55 USD) | 20 PAB (20 USD) |
Bowling | 400 BDT (3.64 USD) | 15 PAB (15 USD) |
Mini Golf | 300 BDT (2.73 USD) | 12 PAB (12 USD) |
Video Games | 3,500 BDT (31.85 USD) | 40 PAB (40 USD) |
Streaming Services | 800 BDT (7.28 USD) | 12 PAB (12 USD) |
Outdoor Equipment Rental | 1,000 BDT (9.10 USD) | 15 PAB (15 USD) |
Theme Park Annual Pass | 3,000 BDT (27.30 USD) | 500 PAB (500 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 4.94 times less for entertainment, recreation and fun activities.
Indicators | Bangladesh | Panama |
---|---|---|
Language Classes | 2,500 BDT (22.75 USD) | 150 PAB (150 USD) |
Parenting Classes | 1,000 BDT (9.10 USD) | 150 PAB (150 USD) |
Art Classes | 1,000 BDT (9.10 USD) | 25 PAB (25 USD) |
Fitness Classes | 1,000 BDT (9.10 USD) | 25 PAB (25 USD) |
Music Lessons | 1,500 BDT (13.65 USD) | 30 PAB (30 USD) |
Dance Lessons | 1,200 BDT (10.92 USD) | 30 PAB (30 USD) |
Reading Materials for Classes | 400 BDT (3.64 USD) | 8 PAB (8 USD) |
Educational Software | 1,500 BDT (13.65 USD) | 150 PAB (150 USD) |
If you lived in Bangladesh, instead of Panama, you would have to pay 6.18 times less for Private Classes.
Indicators | Bangladesh | Panama |
---|---|---|
Average Gross Monthly Salary | 25,000 BDT (227.50 USD) | 1,500 PAB (1,500 USD) |
Average Net Monthly Salary | 20,000 BDT (182 USD) | 1,200 PAB (1,200 USD) |
Minimum Wages | 266.67 BDT per hour (2.43 USD) | 20 PAB per hour (20 USD) |
Average Bonus | 15,000 BDT (136.50 USD) | 150 PAB (150 USD) |
Income Tax Rate | 0 to 15 % | 0 to 7 % |
Social Security Contributions | 5 % | 9 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 30 | 50 |
Median Household Income | 15,000 BDT (136.50 USD) | 1,200 PAB (1,200 USD) |
If you lived in Bangladesh, you would earn 5.94 times less salary as compared to Panama.
Indicators | Bangladesh | Panama |
---|---|---|
Legal Consultation Per Hour Rate | 5,000 BDT (45.50 USD) | 100 PAB (100 USD) |
Accounting Services Per Hour Rate | 3,000 BDT (27.30 USD) | 80 PAB (80 USD) |
IT Support Services Per Hour Rate | 2,000 BDT (18.20 USD) | 80 PAB (80 USD) |
Technician Services Per Hour Rate | 1,500 BDT (13.65 USD) | 60 PAB (60 USD) |
Professional Services cost 3.06 times less in Bangladesh, as compared to Panama.
We hope you enjoyed the detailed guide on the cost of living comparsion between Bangladesh and Panama.
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