Panama vs Turkmenistan - Cost of Living Comparison

Updated:

Livingcost

Panama Turkmenistan
🚶 Cost of living one person
$1260
$1593
👨‍👩‍👧‍👦 Cost of living Family
$3090
$3677
🏠 One person rent
$654
$797
🏘️ Family rent
$1202
$1505
🍽️ Food expenses
$442
$607
🚐 Transport expenses
$67.1
$39.6
💳 Monthly salary after tax
$856
$753
💸 GDP per capita
$18662
$9191
😃 Human freedom index
7.57
4.1
❤️ Life expectancy
76.8
69.4
👮 Corruption perceptions index
35
18
🌐 English speaking %
14%
2%
🎓 Higher education
46
1
😀 Quality of life
55
27
🏙️ Population
4.1M
6.12M

The average cost of living in Panama ($1260) is 21% less expensive than in Turkmenistan ($1593). Panama ranked 47th vs 30th for Turkmenistan in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.7 months in Panama compared to 0.5 months in Turkmenistan. Ranked 71st and 149th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Panama vs Turkmenistan infographic

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Prices in Panama vs Turkmenistan

We calculate prices for Panama and Turkmenistan as a population-weighted mean of 10 and 6 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.

Panama Turkmenistan
Eating Out
🍱 Lunch Menu
$11.3
$22.5
🥂 Dinner in a Restaurant, for 2
$54.2
$59.8
🥪 Fast food meal, equiv. McDonald's
$7.61
$9.99
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.82
$6.92
 Cappuccino
$3.96
$6.33
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.88
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$699
$892
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$483
$606
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1448
$1477
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$928
$1311
🔌 Utility Bill one person, electricity, heating, water, etc.
$80
$49.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$122
$75.8
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$47.6
$85.2
🏦 Mortgage Interest Rate for 20 Years
6.19%
7.99%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2352
$3876
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1504
$2988
Transportation
🚌 Local transport ticket
$0.4
$0.14
🎟️ Monthly ticket local transport
$30.2
$8.61
🚕 Taxi Ride, 8 km or 5 mi
$14.8
$9.72
 Gas / Petrol, 1 L or 0.26 gal
$1.05
$0.36
Groceries
🥛 Milk, 1 L or 1 qt
$1.77
$3.09
🍞 Bread, 0.5 kg or 1.1 lb
$2.23
$1.85
🍚 Rice, 1 kg or 2.2 lb
$2.26
$5.18
🥚 Eggs, x12
$2.67
$5.54
🧀 Cheese, 1 kg or 2.2 lb
$12.5
$9.18
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.36
$9.79
🥩 Round Steak, 1 kg or 2.2 lb
$9.88
$25.2
🍏 Apples, 1 kg or 2.2 lb
$3.32
$4.98
🍌 Banana, 1 kg or 2.2 lb
$1.54
$1.39
🍊 Oranges, 1 kg or 2.2 lb
$3.08
$1.39
🍅 Tomato, 1 kg or 2.2 lb
$2.92
$3.29
🥔 Potato, 1 kg or 2.2 lb
$2.23
$1.91
🧅 Onion, 1 kg or 2.2 lb
$2.51
$1.87
🌊 Water, 1 L or 1 qt
$1.01
$0.82
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.44
$1.08
🍾 Wine (mid-priced), 750 mL bottle
$8.84
$27.1
🍺 Beer, 0.5 L or 16 fl oz
$1.11
$3.3
🚬 Cigarette pack
$5.89
$25.5
💊 Cold medicince, 1 week
$12.1
$5.39
🧴 Hair Shampoo
$6.01
$4.81
🧻 Toilet paper, 4 rolls
$2.89
$2.98
👄 Toothpaste, 1 tube
$2.65
$2.79
Other
🏋️ Gym Membership, 1 month
$38.9
$111
🎫 Cinema Ticket, 1 person
$6.51
$17.6
👩‍⚕️ Doctor's visit
$45.6
$35.4
💇 Haircut, simple
$11.5
$6.39
👖 Brand Jeans
$53.1
$83.9
👟 Brand Sneakers
$86.4
$141
👶 Daycare or Preschool, 1 month
$438
$22.9
🏫 International Primary School, 1 year
$9292
$6589

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In Panama

City Cost of living Population
Panama City
$1384
881K
Colon
$1182
242K
Tocumen
$1231
103K
Santiago de Veraguas
$1056
89K
La Chorrera
$953
68.9K
Balboa
$1249
62.9K
David
$833
82.9K
Pacora
$1249
52.5K
Chitre
$1091
46.2K
Penonome
$1098
21.7K

In Turkmenistan

City Cost of living Population
Ashgabat
$1616
1.03M
Turkmenabat
$1554
256K
Dasoguz
$1572
227K
Mary
$1531
126K
Anau
$1583
29.6K
Baherden
$1578
24.7K