Bosnia and Herzegovina vs Panama - Cost of Living Comparison

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Livingcost

Bosnia and Herzegovina Panama
🚶 Cost of living one person
$806
$1456
👨‍👩‍👧‍👦 Cost of living Family
$1893
$3291
🏠 One person rent
$360
$836
🏘️ Family rent
$577
$1343
🍽️ Food expenses
$318
$436
🚐 Transport expenses
$43.2
$84.4
💳 Monthly salary after tax
$790
$921
💸 GDP per capita
$9359
$19161
😃 Human freedom index
7.06
7.92
❤️ Life expectancy
77.9
79.6
👮 Corruption perceptions index
34
33
🌐 English speaking %
16%
14%
🎓 Higher education
64
44
😀 Quality of life
58
62
🏙️ Population
3.16M
4.52M

The average cost of living in Bosnia and Herzegovina ($806) is 45% less expensive than in Panama ($1456). Bosnia and Herzegovina ranked 130th vs 41st 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 0.6 months in Panama. Ranked 76th and 67th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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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
$7.76
$9.21
🥂 Dinner in a Restaurant, for 2
$33.8
$44.5
🥪 Fast food meal, equiv. McDonald's
$7.37
$7.92
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.35
$2.88
 Cappuccino
$1.76
$4.2
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.9
$1.81
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$306
$907
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$215
$643
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$581
$1639
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$381
$1054
🔌 Utility Bill one person, electricity, heating, water, etc.
$104
$91
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$160
$141
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$27.4
$45
🏦 Mortgage Interest Rate for 20 Years
4.19%
6.31%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2420
$3024
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1751
$1699
Transportation
🚌 Local transport ticket
$1.51
$0.39
🎟️ Monthly ticket local transport
$37.8
$26.1
🚕 Taxi Ride, 8 km or 5 mi
$8.82
$15.8
 Gas / Petrol, 1 L or 0.26 gal
$1.53
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.3
$1.82
🍞 Bread, 0.5 kg or 1.1 lb
$1.06
$2.22
🍚 Rice, 1 kg or 2.2 lb
$1.74
$2.43
🥚 Eggs, x12
$2.9
$3.03
🧀 Cheese, 1 kg or 2.2 lb
$9.16
$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.68
$6.77
🥩 Round Steak, 1 kg or 2.2 lb
$13.2
$10.6
🍏 Apples, 1 kg or 2.2 lb
$1.44
$3.61
🍌 Banana, 1 kg or 2.2 lb
$1.78
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$1.78
$3.69
🍅 Tomato, 1 kg or 2.2 lb
$1.83
$3.4
🥔 Potato, 1 kg or 2.2 lb
$0.99
$2.68
🧅 Onion, 1 kg or 2.2 lb
$1.12
$3.13
🌊 Water, 1 L or 1 qt
$0.48
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.55
$2.35
🍾 Wine (mid-priced), 750 mL bottle
$7.05
$11.5
🍺 Beer, 0.5 L or 16 fl oz
$0.9
$1.31
🚬 Cigarette pack
$3.85
$5.97
💊 Cold medicince, 1 week
$7.39
$9.72
🧴 Hair Shampoo
$3.09
$7.05
🧻 Toilet paper, 4 rolls
$1.17
$2.8
👄 Toothpaste, 1 tube
$1.76
$2.76
Other
🏋️ Gym Membership, 1 month
$31.5
$38.6
🎫 Cinema Ticket, 1 person
$5.91
$7.37
👩‍⚕️ Doctor's visit
$24.8
$41.6
💇 Haircut, simple
$4
$12.9
👖 Brand Jeans
$72
$56.9
👟 Brand Sneakers
$95.7
$87.8
👶 Daycare or Preschool, 1 month
$203
$503
🏫 International Primary School, 1 year
$4163
$10794

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Bosnia and Herzegovina

City Cost of living Population
Sarajevo
$949
276K
Banja Luka
$972
185K
Tuzla
$710
111K
Mostar
$758
105K
Zenica
$594
111K
Bihac
$661
56.3K
Prijedor
$733
89.4K
Doboj
$667
68.5K
Bijeljina
$727
42.3K
Sanski Most
$586
16.9K

In Panama

City Cost of living Population
Panama City
$1590
1.54M
Colon
$1185
242K
Tocumen
$1373
103K
Santiago de Veraguas
$1112
110K
La Chorrera
$982
68.9K
David
$909
82.9K
Pacora
$1361
52.5K
Penonome
$1147
21.7K
Balboa
$1396
10K
Chitre
$1144
9.02K