Bosnia and Herzegovina vs Panama - Cost of Living Comparison

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Livingcost

Bosnia and Herzegovina Panama
🚶 Cost of living one person
$656
$1198
👨‍👩‍👧‍👦 Cost of living Family
$1558
$2872
🏠 One person rent
$291
$624
🏘️ Family rent
$468
$1080
🍽️ Food expenses
$254
$416
🚐 Transport expenses
$36.5
$61.7
💳 Monthly salary after tax
$649
$895
💸 GDP per capita
$7569
$17358
😃 Human freedom index
7.33
7.57
❤️ Life expectancy
75.3
76.2
👮 Corruption perceptions index
35
35
🌐 English speaking %
16%
14%
🎓 Higher education
64
46
😀 Quality of life
49
56
🏙️ Population
3.82M
4.1M

The average cost of living in Bosnia and Herzegovina ($656) is 45% less expensive than in Panama ($1198). Bosnia and Herzegovina ranked 142nd vs 53rd 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 84th and 71st 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
$5.44
$9.95
🥂 Dinner in a Restaurant, for 2
$25.7
$48.7
🥪 Fast food meal, equiv. McDonald's
$4.92
$7.78
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.76
$2.46
 Cappuccino
$1.42
$3.95
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.5
$1.75
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$216
$712
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$160
$447
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$375
$1430
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$278
$794
🔌 Utility Bill one person, electricity, heating, water, etc.
$96
$78.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$148
$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$23.8
$47.1
🏦 Mortgage Interest Rate for 20 Years
3.67%
6.05%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1848
$2303
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1290
$1386
Transportation
🚌 Local transport ticket
$1.2
$0.4
🎟️ Monthly ticket local transport
$33.3
$28.6
🚕 Taxi Ride, 8 km or 5 mi
$7.06
$13
 Gas / Petrol, 1 L or 0.26 gal
$1.46
$1.08
Groceries
🥛 Milk, 1 L or 1 qt
$1.14
$1.73
🍞 Bread, 0.5 kg or 1.1 lb
$0.91
$2.21
🍚 Rice, 1 kg or 2.2 lb
$1.49
$1.93
🥚 Eggs, x12
$2.3
$2.59
🧀 Cheese, 1 kg or 2.2 lb
$7.51
$11.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.55
$7.31
🥩 Round Steak, 1 kg or 2.2 lb
$9.74
$8.61
🍏 Apples, 1 kg or 2.2 lb
$1.15
$3.02
🍌 Banana, 1 kg or 2.2 lb
$1.52
$1.36
🍊 Oranges, 1 kg or 2.2 lb
$1.53
$2.82
🍅 Tomato, 1 kg or 2.2 lb
$1.61
$2.86
🥔 Potato, 1 kg or 2.2 lb
$0.85
$2.14
🧅 Onion, 1 kg or 2.2 lb
$0.95
$2.02
🌊 Water, 1 L or 1 qt
$0.43
$0.96
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.43
$2.52
🍾 Wine (mid-priced), 750 mL bottle
$6.25
$9.18
🍺 Beer, 0.5 L or 16 fl oz
$0.85
$1.14
🚬 Cigarette pack
$3.3
$6.14
💊 Cold medicince, 1 week
$6.95
$11.2
🧴 Hair Shampoo
$2.8
$6.03
🧻 Toilet paper, 4 rolls
$1.02
$3.11
👄 Toothpaste, 1 tube
$1.67
$3.07
Other
🏋️ Gym Membership, 1 month
$24.6
$38.1
🎫 Cinema Ticket, 1 person
$4.23
$6.71
👩‍⚕️ Doctor's visit
$23.8
$45.4
💇 Haircut, simple
$3.62
$11.5
👖 Brand Jeans
$67.5
$53.7
👟 Brand Sneakers
$84
$81.7
👶 Daycare or Preschool, 1 month
$164
$408
🏫 International Primary School, 1 year
$3025
$9399

Cost of living in other countries

Cost of living

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Cost of Living in Popular cities

In Bosnia and Herzegovina

City Cost of living Population
Sarajevo
$742
276K
Banja Luka
$742
185K
Mostar
$672
113K
Tuzla
$645
111K
Zenica
$545
111K
Bijeljina
$661
115K
Bihac
$558
56.3K
Prijedor
$517
89.4K
Sanski Most
$503
47.4K
Doboj
$604
68.5K

In Panama

City Cost of living Population
Panama City
$1316
881K
Colon
$1157
242K
Tocumen
$1171
103K
Santiago de Veraguas
$961
89K
David
$789
82.9K
La Chorrera
$917
68.9K
Balboa
$1189
62.9K
Pacora
$1182
52.5K
Chitre
$980
46.2K
Penonome
$940
21.7K