Published: Monday, 21th October 2024
The cost of living in Belarus is 2.39 times less expensive as compared to Panama.
On this page, you will find side-by-side cost comparison between Belarus 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 Belarus and Panama.
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Indicators | Belarus | Panama |
---|---|---|
1 BHK Apartment in City Center | 1,237 BYN (371.10 USD) | 1,200 PAB (1,200 USD) |
2 BHK Apartment in City Center | 2,064 BYN (619.20 USD) | 2,000 PAB (2,000 USD) |
3 BHK Apartment in City Center | 2,500 BYN (750 USD) | 3,000 PAB (3,000 USD) |
1 BHK Apartment outside City Center | 812 BYN (243.60 USD) | 800 PAB (800 USD) |
2 BHK Apartment outside City Center | 1,169 BYN (350.70 USD) | 1,200 PAB (1,200 USD) |
3 BHK Apartment outside City Center | 1,600 BYN (480 USD) | 1,800 PAB (1,800 USD) |
Mortgage Rates Per Month | 5.5 % | 1.3 % |
Realtor Commission | 2.5 % | 5 % |
Property Taxes | 0.1 to 0.3 % | 0.6 to 1.0 % |
The average housing cost in Belarus is 3.52 times less expensive than Panama.
Indicators | Belarus | Panama |
---|---|---|
Basic Home Furnishing | 2,000 BYN (600 USD) | 3,000 PAB (3,000 USD) |
Electricity Cost Per Month | 50 BYN (15 USD) | 150 PAB (150 USD) |
Heating Cost Per Month | 80 BYN (24 USD) | 100 PAB (100 USD) |
Cooling Cost Per Month | 60 BYN (18 USD) | 80 PAB (80 USD) |
Water Supply Cost Per Month | 10 BYN (3 USD) | 60 PAB (60 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 80.53% less for Utilities.
The basic home furnishing in Belarus costs 5.00 times less compared to Panama.
Indicators | Belarus | Panama |
---|---|---|
Standard Wifi Cost Per Month | 19 BYN (5.70 USD) | 70 PAB (70 USD) |
Mobile Phone Basic Plan Cost Per Month | 15 BYN (4.50 USD) | 50 PAB (50 USD) |
Landline Basic Plan Cost Per Month | 5 BYN (1.50 USD) | 30 PAB (30 USD) |
Cable TV Basic Plan Cost Per Month | 10 BYN (3 USD) | 80 PAB (80 USD) |
The internet and communication costs 93.61% less in Belarus compared to Panama.
Indicators | Belarus | Panama |
---|---|---|
Long Grain Rice (1 KG) | 4 BYN (1.20 USD) | 2 PAB (2 USD) |
Milk (1 Liter) | 1.78 BYN (0.53 USD) | 1.50 PAB (1.50 USD) |
Water (1 Liter) | 1.50 BYN (0.45 USD) | 0.50 PAB (0.50 USD) |
Bread (500 gm) | 1.19 BYN (0.36 USD) | 1 PAB (1 USD) |
Eggs (1 Dozen) | 4.87 BYN (1.46 USD) | 3 PAB (3 USD) |
Cheese (1 KG) | 20 BYN (6 USD) | 5 PAB (5 USD) |
Chicken Breast (1 KG) | 8 BYN (2.40 USD) | 7 PAB (7 USD) |
In Belarus, the cost of 1 Liter Water and 1 Liter Milk is 2.03 times less expensive than the cost in Panama.
If you lived in Belarus, instead of Panama, you would have to pay 37.99% less for Groceries.
Indicators | Belarus | Panama |
---|---|---|
Apples (1 KG) | 4.33 BYN (1.30 USD) | 3 PAB (3 USD) |
Bananas (1 KG) | 3 BYN (0.90 USD) | 1.50 PAB (1.50 USD) |
Oranges (1 KG) | 5 BYN (1.50 USD) | 2 PAB (2 USD) |
Tomatoes (1 KG) | 9 BYN (2.70 USD) | 2 PAB (2 USD) |
Potatoes (1 KG) | 1.78 BYN (0.53 USD) | 1 PAB (1 USD) |
Lemons (1 KG) | 6 BYN (1.80 USD) | 2.50 PAB (2.50 USD) |
Onions (1 KG) | 2 BYN (0.60 USD) | 1.50 PAB (1.50 USD) |
Lentils (1 KG) | 7 BYN (2.10 USD) | 2.50 PAB (2.50 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 1.40 times less for Fruits and Vegetables.
Indicators | Belarus | Panama |
---|---|---|
Meal at a Resonable Restaurant | 25 BYN (7.50 USD) | 12 PAB (12 USD) |
Three-Course Meal for Two | 100 BYN (30 USD) | 30 PAB (30 USD) |
Fast Food Combo Meal | 17 BYN (5.10 USD) | 6 PAB (6 USD) |
Normal Coffee | 4.50 BYN (1.35 USD) | 2.50 PAB (2.50 USD) |
Soft Drink | 2.50 BYN (0.75 USD) | 1.50 PAB (1.50 USD) |
Pizza for One | 20 BYN (6 USD) | 12 PAB (12 USD) |
Take-Out Delivery Meal | 15 BYN (4.50 USD) | 10 PAB (10 USD) |
Cigarette Pack of 20 | 4 BYN (1.20 USD) | 6 PAB (6 USD) |
Dining-Out costs 29.50% less in Belarus compared to Panama.
Indicators | Belarus | Panama |
---|---|---|
Wine Mid-Range Bottle | 23 BYN (6.90 USD) | 15 PAB (15 USD) |
Glass of Wine | 5 BYN (1.50 USD) | 6 PAB (6 USD) |
Domestic Beer Half Liter | 2.56 BYN (0.77 USD) | 2.50 PAB (2.50 USD) |
Imported Beer Half Liter | 4 BYN (1.20 USD) | 4 PAB (4 USD) |
Domestic Alcohol 1 Liter | 12 BYN (3.60 USD) | 15 PAB (15 USD) |
Branded Alcohol 1 Liter | 30 BYN (9 USD) | 25 PAB (25 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 2.94 times less for usual hard drinks.
Indicators | Belarus | Panama |
---|---|---|
Monthly Public Transportation Pass | 46 BYN (13.80 USD) | 50 PAB (50 USD) |
Single Public Transportation Ticket | 1 BYN (0.30 USD) | 1.50 PAB (1.50 USD) |
Single Train Ticket | 10 BYN (3 USD) | Yet to Update () |
Domestic Airplane Ticket | 150 BYN (45 USD) | 100 PAB (100 USD) |
Taxi Start Fare | 5 BYN (1.50 USD) | 3 PAB (3 USD) |
Taxi Rate Per Kilometer | 2 BYN (0.60 USD) | 1.50 PAB (1.50 USD) |
Car Rental Per Day | 60 BYN (18 USD) | 30 PAB (30 USD) |
Parking Fees in City Center Per Hour | 2 BYN (0.60 USD) | 2 PAB (2 USD) |
Parking Fees outside City Center Per Hour | 1 BYN (0.30 USD) | 1 PAB (1 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 2.27 times less for transportation.
Indicators | Belarus | Panama |
---|---|---|
Reasonable Vehicle Purchase Cost | 25,000 BYN (7,500 USD) | 15,000 PAB (15,000 USD) |
Vehicle Registration Cost | 100 BYN (30 USD) | 80 PAB (80 USD) |
Driving License Fees | 300 BYN (90 USD) | 50 PAB (50 USD) |
Car Insurance Cost | 200 BYN (60 USD) | 400 PAB (400 USD) |
Car Maintenance Cost | 150 BYN (45 USD) | 150 PAB (150 USD) |
Car Loan Interest Rates | 8 % | 6 % |
Fuel Per Liter | 2.37 BYN (0.71 USD) | 1.20 PAB (1.20 USD) |
Fuel Per Gallon | 9 BYN (2.70 USD) | 4.50 PAB (4.50 USD) |
Average Toll Fees | 5 BYN 1.50 USD | 5 PAB 5 USD |
You would have to pay 2.03 times less for Vehicle purchase, daily operation and maintenance in Belarus compared to that of Panama.
Indicators | Belarus | Panama |
---|---|---|
Doctor Visit | 38 BYN (11.40 USD) | 50 PAB (50 USD) |
Specialist Visit | 50 BYN (15 USD) | 100 PAB (100 USD) |
Dentist Visit | 60 BYN (18 USD) | 70 PAB (70 USD) |
Eye Exam | 30 BYN (9 USD) | 50 PAB (50 USD) |
Mental Health Counseling | 40 BYN (12 USD) | 100 PAB (100 USD) |
Preventive Health Screening | 50 BYN (15 USD) | 50 PAB (50 USD) |
Physical Therapy | 25 BYN (7.50 USD) | 75 PAB (75 USD) |
Emergency Room Visit | 100 BYN (30 USD) | 300 PAB (300 USD) |
Hospital Stay Per Night | 150 BYN (45 USD) | 150 PAB (150 USD) |
Vaccinations | 30 BYN (9 USD) | 30 PAB (30 USD) |
Prescription Medication | 20 BYN (6 USD) | 20 PAB (20 USD) |
Over the Counter Medication | 10 BYN (3 USD) | 10 PAB (10 USD) |
Health Insurance Premiums | 50 BYN (15 USD) | 150 PAB (150 USD) |
Health Insurance Deductibles | 200 BYN (60 USD) | 75 PAB (75 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 4.81 times less for Health and Medical Treatment.
Indicators | Belarus | Panama |
---|---|---|
Cosmetic Procedures | 100 BYN (30 USD) | 200 PAB (200 USD) |
Spa Treatment | 50 BYN (15 USD) | 75 PAB (75 USD) |
Manicure Pedicure Cost | 25 BYN (7.50 USD) | 30 PAB (30 USD) |
Optical Glasses Cost | 200 BYN (60 USD) | 80 PAB (80 USD) |
Contact Lenses Cost | 50 BYN (15 USD) | 40 PAB (40 USD) |
Haircuts | 20 BYN (6 USD) | 15 PAB (15 USD) |
Hair Coloring | 30 BYN (9 USD) | 40 PAB (40 USD) |
Shampoo Price | 10 BYN (3 USD) | 5 PAB (5 USD) |
Toothpaste Price | 8 BYN (2.40 USD) | 2 PAB (2 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 3.29 times less for Personal Care Items and Treatment.
Indicators | Belarus | Panama |
---|---|---|
Pair of Nike Running Shoes | 266 BYN (79.80 USD) | 80 PAB (80 USD) |
Men's Shirt | 100 BYN (30 USD) | 25 PAB (25 USD) |
Women's Dress | 125 BYN (37.50 USD) | 40 PAB (40 USD) |
Summer Dress | 90 BYN (27 USD) | 30 PAB (30 USD) |
Men's Suit | 400 BYN (120 USD) | 100 PAB (100 USD) |
Men's Jeans | 189 BYN (56.70 USD) | 40 PAB (40 USD) |
Women's Jeans | 180 BYN (54 USD) | 30 PAB (30 USD) |
Men's Formal Shoes | 263 BYN (78.90 USD) | 80 PAB (80 USD) |
Women's Formal Shoes | 250 BYN (75 USD) | 80 PAB (80 USD) |
Men's Casual Shoes | 150 BYN (45 USD) | 50 PAB (50 USD) |
Women's Casual Shoes | 130 BYN (39 USD) | 50 PAB (50 USD) |
Underwear For Men | 30 BYN (9 USD) | 8 PAB (8 USD) |
Underwear For Women | 40 BYN (12 USD) | 12 PAB (12 USD) |
Socks For Men | 10 BYN (3 USD) | 3 PAB (3 USD) |
Socks For Women | 12 BYN (3.60 USD) | 3 PAB (3 USD) |
Wintercoat for Adults | 300 BYN (90 USD) | 80 PAB (80 USD) |
Sportswear | 200 BYN (60 USD) | 40 PAB (40 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 1.09 times more for Clothing and Footwear for Adults.
Indicators | Belarus | Panama |
---|---|---|
Children's Jeans | 80 BYN (24 USD) | 20 PAB (20 USD) |
Children's Normal Sneakers | 120 BYN (36 USD) | 30 PAB (30 USD) |
Children's Winter Coat | 200 BYN (60 USD) | 40 PAB (40 USD) |
Daycare for Infant | 500 BYN (150 USD) | 200 PAB (200 USD) |
Daycare for Toddler | 450 BYN (135 USD) | 150 PAB (150 USD) |
Childcare for Sick Days | 40 BYN (12 USD) | 30 PAB (30 USD) |
Early Childhood Education Programs | 200 BYN (60 USD) | 150 PAB (150 USD) |
Extra Curricular Activities | 30 BYN (9 USD) | 100 PAB (100 USD) |
Summer Camp for Kids | 300 BYN (90 USD) | 150 PAB (150 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 1.51 times less for Childcare and kids clothing.
Indicators | Belarus | Panama |
---|---|---|
PreSchool Fees | 400 BYN (120 USD) | 250 PAB (250 USD) |
Primary School Fees | 600 BYN (180 USD) | 400 PAB (400 USD) |
Secondary School Fees | 700 BYN (210 USD) | 600 PAB (600 USD) |
Private School Fees | 1,500 BYN (450 USD) | 1,000 PAB (1,000 USD) |
University Tuition Fees | 2,000 BYN (600 USD) | 2,500 PAB (2,500 USD) |
University Private Tuition Fees | 4,000 BYN (1,200 USD) | 3,500 PAB (3,500 USD) |
After School Activities | 50 BYN (15 USD) | 75 PAB (75 USD) |
Special Education Services | 100 BYN (30 USD) | 200 PAB (200 USD) |
Tutoring | 30 BYN (9 USD) | 30 PAB (30 USD) |
Textbooks Cost | 20 BYN (6 USD) | 50 PAB (50 USD) |
School Supplies | 15 BYN (4.50 USD) | 30 PAB (30 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 3.06 times less for school and education.
Indicators | Belarus | Panama |
---|---|---|
Movie Ticket (Single) | 13 BYN (3.90 USD) | 8 PAB (8 USD) |
Theater Ticket (Single) | 50 BYN (15 USD) | 15 PAB (15 USD) |
Concert Ticket (Single) | 70 BYN (21 USD) | 25 PAB (25 USD) |
Sports Event Ticket (Single) | 60 BYN (18 USD) | 15 PAB (15 USD) |
Gym Membership | 50 BYN (15 USD) | 40 PAB (40 USD) |
Swimming Pool Access | 10 BYN (3 USD) | 25 PAB (25 USD) |
Museum Entry Ticket | 15 BYN (4.50 USD) | 8 PAB (8 USD) |
Zoo Entry Ticket | 10 BYN (3 USD) | 12 PAB (12 USD) |
Amusement Park Entry Ticket | 20 BYN (6 USD) | 20 PAB (20 USD) |
Bowling | 15 BYN (4.50 USD) | 15 PAB (15 USD) |
Mini Golf | 10 BYN (3 USD) | 12 PAB (12 USD) |
Video Games | 60 BYN (18 USD) | 40 PAB (40 USD) |
Streaming Services | 10 BYN (3 USD) | 12 PAB (12 USD) |
Outdoor Equipment Rental | 25 BYN (7.50 USD) | 15 PAB (15 USD) |
Theme Park Annual Pass | 100 BYN (30 USD) | 500 PAB (500 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 4.90 times less for entertainment, recreation and fun activities.
Indicators | Belarus | Panama |
---|---|---|
Language Classes | 50 BYN (15 USD) | 150 PAB (150 USD) |
Parenting Classes | 20 BYN (6 USD) | 150 PAB (150 USD) |
Art Classes | 25 BYN (7.50 USD) | 25 PAB (25 USD) |
Fitness Classes | 25 BYN (7.50 USD) | 25 PAB (25 USD) |
Music Lessons | 30 BYN (9 USD) | 30 PAB (30 USD) |
Dance Lessons | 20 BYN (6 USD) | 30 PAB (30 USD) |
Reading Materials for Classes | 5 BYN (1.50 USD) | 8 PAB (8 USD) |
Educational Software | 25 BYN (7.50 USD) | 150 PAB (150 USD) |
If you lived in Belarus, instead of Panama, you would have to pay 9.47 times less for Private Classes.
Indicators | Belarus | Panama |
---|---|---|
Average Gross Monthly Salary | 3,000 BYN (900 USD) | 1,500 PAB (1,500 USD) |
Average Net Monthly Salary | 2,500 BYN (750 USD) | 1,200 PAB (1,200 USD) |
Minimum Wages | 16.67 BYN per hour (5 USD) | 20 PAB per hour (20 USD) |
Average Bonus | 5,000 BYN (1,500 USD) | 150 PAB (150 USD) |
Income Tax Rate | 0 to 20 % | 0 to 7 % |
Social Security Contributions | 1 % | 9 % |
Pension Contributions | 6 % | 10 % |
Cost of Living Index | 36 | 50 |
Median Household Income | 1,200 BYN (360 USD) | 1,200 PAB (1,200 USD) |
If you lived in Belarus, you would earn 1.16 times less salary as compared to Panama.
Indicators | Belarus | Panama |
---|---|---|
Legal Consultation Per Hour Rate | 130 BYN (39 USD) | 100 PAB (100 USD) |
Accounting Services Per Hour Rate | 100 BYN (30 USD) | 80 PAB (80 USD) |
IT Support Services Per Hour Rate | 80 BYN (24 USD) | 80 PAB (80 USD) |
Technician Services Per Hour Rate | 75 BYN (22.50 USD) | 60 PAB (60 USD) |
Professional Services cost 2.77 times less in Belarus, as compared to Panama.
We hope you enjoyed the detailed guide on the cost of living comparsion between Belarus and Panama.
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