Bosnia and Herzegovina vs Panama - Cost of Living Comparison

Bosnia and Herzegovina Panama
🚶 Cost of living one person
$546
$1040
👨‍👩‍👧‍👦 Cost of living Family
$1326
$2489
🏠 One person rent
$241
$530
🏘️ Family rent
$409
$877
🍽️ Food expenses
$209
$353
🚐 Transport expenses
$31.1
$68.5
💳 Monthly salary after tax
$565
$746
💸 GDP per capita
$6080
$12510
😃 Human freedom index
7.54
8.12
❤️ Life expectancy
77.5
78.7
👮 Corruption perceptions index
35
36
🌐 English speaking %
16%
14%
🎓 Higher education
43
49
😀 Quality of life
50
58
🏙️ Population
3.51M
4.1M

The average cost of living in Bosnia and Herzegovina ($546) is 47% less expensive than in Panama ($1040). Bosnia and Herzegovina ranked 160th vs 57th for Panama in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1 months in Bosnia and Herzegovina compared to 0.7 months in Panama. Ranked 86th and 63rd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Bosnia and Herzegovina vs Panama infographic

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Prices in Bosnia and Herzegovina vs Panama

We calculate prices for Bosnia and Herzegovina and Panama as a population-weighted mean of 10 and 10 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Bosnia and Herzegovina Panama
Eating Out
🍱 Lunch Menu
$4.75
$7.93
🥂 Dinner in a Restaurant, for 2
$19.6
$35.9
🥪 Fast food meal, equiv. McDonald's
$3.85
$6.24
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.44
$2.22
 Cappuccino
$1.2
$3.28
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.31
$1.49
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$181
$638
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$125
$375
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$331
$1105
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$239
$650
🔌 Utility Bill one person, electricity, heating, water, etc.
$85
$63.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$131
$97.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.8
$39.1
🏦 Mortgage Interest Rate for 20 Years
3.81%
6.3%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1375
$2002
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$990
$1216
Transportation
🚌 Local transport ticket
$0.97
$0.39
🎟️ Monthly ticket local transport
$24.7
$35
🚕 Taxi Ride, 8 km or 5 mi
$6.3
$13.1
 Gas / Petrol, 1 L or 0.26 gal
$1.32
$1.07
Groceries
🥛 Milk, 1 L or 1 qt
$0.77
$1.59
🍞 Bread, 0.5 kg or 1.1 lb
$0.69
$1.94
🍚 Rice, 1 kg or 2.2 lb
$1.04
$1.93
🥚 Eggs, x12
$1.77
$2.22
🧀 Cheese, 1 kg or 2.2 lb
$6.33
$10.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.7
$5.57
🥩 Round Steak, 1 kg or 2.2 lb
$7.73
$8.11
🍏 Apples, 1 kg or 2.2 lb
$0.95
$2.74
🍌 Banana, 1 kg or 2.2 lb
$1.24
$1.27
🍊 Oranges, 1 kg or 2.2 lb
$1.29
$2.46
🍅 Tomato, 1 kg or 2.2 lb
$1.2
$2.85
🥔 Potato, 1 kg or 2.2 lb
$0.64
$2.1
🧅 Onion, 1 kg or 2.2 lb
$0.81
$1.94
🌊 Water, 1 L or 1 qt
$0.4
$0.92
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.28
$2.2
🍾 Wine (mid-priced), 750 mL bottle
$5.31
$9.42
🍺 Beer, 0.5 L or 16 fl oz
$0.74
$1.22
🚬 Cigarette pack
$3.07
$6.01
💊 Cold medicince, 1 week
$5.57
$8.1
🧴 Hair Shampoo
$2.6
$6.91
🧻 Toilet paper, 4 rolls
$0.97
$2.57
👄 Toothpaste, 1 tube
$1.5
$2.37
Other
🏋️ Gym Membership, 1 month
$21.4
$39.1
🎫 Cinema Ticket, 1 person
$3.59
$6.19
👩‍⚕️ Doctor's visit
$19.5
$44.2
💇 Haircut, simple
$3.1
$12.4
👖 Brand Jeans
$61.6
$43.6
👟 Brand Sneakers
$73.3
$68.5
👶 Daycare or Preschool, 1 month
$142
$321
🏫 International Primary School, 1 year
$3075
$12414

More countries to compare

Cost of Living in Popular cities

In Bosnia and Herzegovina

City Cost of living Population
Sarajevo
$626
276K
Banja Luka
$603
199K
Mostar
$590
106K
Bijeljina
$480
115K
Tuzla
$565
111K
Zenica
$474
111K
Prijedor
$467
89.4K
Sanski Most
$459
47.4K
Doboj
$437
68.5K
Bihac
$409
43K

In Panama

City Cost of living Population
Panama City
$1211
881K
Colon
$889
242K
Tocumen
$845
103K
Santiago de Veraguas
$853
89K
David
$769
82.9K
La Chorrera
$841
68.9K
Balboa
$851
62.9K
Chitre
$847
46.2K
Pacora
$760
52.5K
Penonome
$784
21.7K