Myanmar vs Panama - Cost of Living Comparison

Updated:

Livingcost

Myanmar Panama
🚶 Cost of living one person
$630
$1456
👨‍👩‍👧‍👦 Cost of living Family
$1635
$3291
🏠 One person rent
$254
$836
🏘️ Family rent
$386
$1343
🍽️ Food expenses
$222
$436
🚐 Transport expenses
$82.2
$84.4
💳 Monthly salary after tax
$180
$921
💸 GDP per capita
$1359
$19161
😃 Human freedom index
4.03
7.92
❤️ Life expectancy
66.9
79.6
👮 Corruption perceptions index
16
33
🌐 English speaking %
4.5%
14%
🎓 Higher education
20
44
😀 Quality of life
23
62
🏙️ Population
54.5M
4.52M

The average cost of living in Myanmar ($630) is 57% less expensive than in Panama ($1456). Myanmar ranked 164th 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 0.3 months in Myanmar compared to 0.6 months in Panama. Ranked 168th 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 Myanmar vs Panama

We calculate prices for Myanmar and Panama as a population-weighted mean of 12 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.

Myanmar Panama
Eating Out
🍱 Lunch Menu
$2.29
$9.21
🥂 Dinner in a Restaurant, for 2
$15.6
$44.5
🥪 Fast food meal, equiv. McDonald's
$3.43
$7.92
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.03
$2.88
 Cappuccino
$1.55
$4.2
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.73
$1.81
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$427
$907
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$154
$643
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$851
$1639
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$463
$1054
🔌 Utility Bill one person, electricity, heating, water, etc.
$27.9
$91
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$43
$141
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.5
$45
🏦 Mortgage Interest Rate for 20 Years
10.49%
6.31%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1821
$3024
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$827
$1699
Transportation
🚌 Local transport ticket
$0.52
$0.39
🎟️ Monthly ticket local transport
$9.94
$26.1
🚕 Taxi Ride, 8 km or 5 mi
$12.1
$15.8
 Gas / Petrol, 1 L or 0.26 gal
$1.01
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.43
$1.82
🍞 Bread, 0.5 kg or 1.1 lb
$1.06
$2.22
🍚 Rice, 1 kg or 2.2 lb
$1.5
$2.43
🥚 Eggs, x12
$2.11
$3.03
🧀 Cheese, 1 kg or 2.2 lb
$7.54
$11.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.61
$6.77
🥩 Round Steak, 1 kg or 2.2 lb
$6.11
$10.6
🍏 Apples, 1 kg or 2.2 lb
$4.29
$3.61
🍌 Banana, 1 kg or 2.2 lb
$1.06
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$3.26
$3.69
🍅 Tomato, 1 kg or 2.2 lb
$2.7
$3.4
🥔 Potato, 1 kg or 2.2 lb
$1.78
$2.68
🧅 Onion, 1 kg or 2.2 lb
$1.44
$3.13
🌊 Water, 1 L or 1 qt
$0.28
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$0.72
$2.35
🍾 Wine (mid-priced), 750 mL bottle
$9.1
$11.5
🍺 Beer, 0.5 L or 16 fl oz
$0.9
$1.31
🚬 Cigarette pack
$1.67
$5.97
💊 Cold medicince, 1 week
$1.29
$9.72
🧴 Hair Shampoo
$3.29
$7.05
🧻 Toilet paper, 4 rolls
$1.25
$2.8
👄 Toothpaste, 1 tube
$1.63
$2.76
Other
🏋️ Gym Membership, 1 month
$37
$38.6
🎫 Cinema Ticket, 1 person
$3
$7.37
👩‍⚕️ Doctor's visit
$18
$41.6
💇 Haircut, simple
$3.32
$12.9
👖 Brand Jeans
$63.6
$56.9
👟 Brand Sneakers
$90.8
$87.8
👶 Daycare or Preschool, 1 month
$374
$503
🏫 International Primary School, 1 year
$13326
$10794

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Myanmar

City Cost of living Population
Yangon
$656
6.87M
Mandalay
$555
1.23M
Naypyidaw
$627
1.16M
Hpa-an
$601
422K
Pathein
$721
287K
Mawlamyine
$575
289K
Bago
$610
284K
Taunggyi
$549
265K
Myitkyina
$555
243K
Myeik
$567
222K
Monywa
$534
207K
Sittwe
$583
101K

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