Panama vs Turkmenistan - Cost of Living Comparison

Updated:

Livingcost

Panama Turkmenistan
🚶 Cost of living one person
$1324
$1771
👨‍👩‍👧‍👦 Cost of living Family
$3050
$4083
🏠 One person rent
$742
$888
🏘️ Family rent
$1185
$1504
🍽️ Food expenses
$427
$738
🚐 Transport expenses
$59.6
$40
💳 Monthly salary after tax
$850
$627
💸 GDP per capita
$19161
$6857
😃 Human freedom index
7.92
4.1
❤️ Life expectancy
79.6
70.1
👮 Corruption perceptions index
33
17
🌐 English speaking %
14%
2%
🎓 Higher education
44
1
😀 Quality of life
60
33
🏙️ Population
4.52M
7.49M

The average cost of living in Panama ($1324) is 25% less expensive than in Turkmenistan ($1771). Panama ranked 53rd vs 27th 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 0.6 months in Panama compared to 0.4 months in Turkmenistan. Ranked 70th and 147th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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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
$9.11
$25.4
🥂 Dinner in a Restaurant, for 2
$43.4
$85.5
🥪 Fast food meal, equiv. McDonald's
$7.14
$12.1
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.84
$7.2
 Cappuccino
$3.73
$7.07
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.69
$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$787
$1010
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$563
$668
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1416
$1763
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$956
$1591
🔌 Utility Bill one person, electricity, heating, water, etc.
$88.2
$48.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$136
$74.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$46.3
$102
🏦 Mortgage Interest Rate for 20 Years
6.36%
9.48%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2983
$4109
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1713
$2839
Transportation
🚌 Local transport ticket
$0.43
$0.14
🎟️ Monthly ticket local transport
$29.7
$8.54
🚕 Taxi Ride, 8 km or 5 mi
$18.7
$9.62
 Gas / Petrol, 1 L or 0.26 gal
$1
$0.43
Groceries
🥛 Milk, 1 L or 1 qt
$1.82
$4.36
🍞 Bread, 0.5 kg or 1.1 lb
$2.35
$1.93
🍚 Rice, 1 kg or 2.2 lb
$2.53
$6.27
🥚 Eggs, x12
$3.07
$6.29
🧀 Cheese, 1 kg or 2.2 lb
$10.8
$9.25
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.37
$18.2
🥩 Round Steak, 1 kg or 2.2 lb
$9.68
$22.5
🍏 Apples, 1 kg or 2.2 lb
$3.5
$4.55
🍌 Banana, 1 kg or 2.2 lb
$1.62
$1.41
🍊 Oranges, 1 kg or 2.2 lb
$3.29
$7.49
🍅 Tomato, 1 kg or 2.2 lb
$2.97
$3.28
🥔 Potato, 1 kg or 2.2 lb
$2.47
$2.24
🧅 Onion, 1 kg or 2.2 lb
$3.68
$1.51
🌊 Water, 1 L or 1 qt
$1.15
$0.78
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$1.08
🍾 Wine (mid-priced), 750 mL bottle
$10.3
$19
🍺 Beer, 0.5 L or 16 fl oz
$1.37
$5.21
🚬 Cigarette pack
$6.01
$24
💊 Cold medicince, 1 week
$11.4
$4.86
🧴 Hair Shampoo
$6.18
$4.86
🧻 Toilet paper, 4 rolls
$2.7
$3.02
👄 Toothpaste, 1 tube
$2.45
$2.8
Other
🏋️ Gym Membership, 1 month
$35.9
$40.8
🎫 Cinema Ticket, 1 person
$7.16
$14.3
👩‍⚕️ Doctor's visit
$42.4
$31.3
💇 Haircut, simple
$11.2
$6.42
👖 Brand Jeans
$50.2
$65.5
👟 Brand Sneakers
$85.8
$92.6
👶 Daycare or Preschool, 1 month
$501
$22.8
🏫 International Primary School, 1 year
$12647
$24767

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
$1583
410K
Colon
$1179
242K
Tocumen
$1403
103K
Santiago de Veraguas
$1122
110K
La Chorrera
$977
68.9K
David
$922
82.9K
Pacora
$1395
52.5K
Penonome
$1153
21.7K
Balboa
$1425
10K
Chitre
$1154
9.02K

In Turkmenistan

City Cost of living Population
Ashgabat
$1806
1.03M
Turkmenabat
$1709
231K
Dasoguz
$1755
227K
Mary
$1640
126K
Anau
$1763
29.6K
Baherden
$1769
24.7K