Cost of living comparison

Bosnia and Herzegovina

compared to

Panama

Panama vs. Bosnia and Herzegovina Cost of Living Summary

Panama is 56.2% more expensive than Bosnia and Herzegovina overall.

Restaurants: pay 15.5% more in Panama
Groceries: pay 64.9% more in Panama
Transportation: pay 18.2% less in Panama
Housing: pay 2.5 times more in Panama
Childcare: pay 54.6% more in Panama
Entertainment and Sports: pay 52.9% more in Panama
Clothing: pay 12.4% less in Panama

The cost of housing, groceries, childcare, entertainment and sports, and restaurants in Panama are more expensive than in Bosnia and Herzegovina. Expenses including transportation and clothing are lower in Panama. Notably, housing is significantly more expensive in Panama.

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Panama vs. Bosnia and Herzegovina Cost Breakdown

If you lived in Panama instead of Bosnia and Herzegovina, you would:

Display currency: USD

pay 15.5% more for restaurants

	Bosnia and Herzegovina	Panama
Basic meal with drink at inexpensive restaurant	$6.96 BAM12.11	$8.20 PAB8.20	+17.8%
Fast food combo meal McDonalds, or similar	$6.96 BAM12.11	$8.90 PAB8.90	+27.8%
Bottle of Coca-Cola (11 fl. oz)	$1.73 BAM3.01	$1.41 PAB1.41	-18.7%
Bottle of water (11 fl. oz)	$1.24 BAM2.15	$1.30 PAB1.30	+5.4%
Average			+15.5%

Bosnia and Herzegovina vs. Panama - Cost of restaurants

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pay 64.9% more for groceries

	Bosnia and Herzegovina	Panama
Bread 1 loaf	$1.10 BAM1.92	$2.28 PAB2.28	+107.3%
Local cheese (8 oz)	$4.19 BAM7.28	$6.18 PAB6.18	+47.7%
Milk (1 gallon)	$4.90 BAM8.52	$7.09 PAB7.09	+44.7%
Eggs 1 dozen	$2.78 BAM4.84	$2.56 PAB2.56	-8.1%
Boneless chicken breast (1 lb)	$3.36 BAM5.84	$3.42 PAB3.42	+1.9%
Apples (1 lb)	$0.62 BAM1.08	$1.86 PAB1.86	+198.6%
Bananas (1 lb)	$0.75 BAM1.31	$0.59 PAB0.59	-21.3%
Oranges (1 lb)	$0.73 BAM1.27	$1.76 PAB1.76	+141.9%
Tomatoes (1 lb)	$0.79 BAM1.37	$1.67 PAB1.67	+112.8%
Potatoes (1 lb)	$0.48 BAM0.83	$1.09 PAB1.09	+129.9%
Onions (1 lb)	$0.54 BAM0.93	$1.14 PAB1.14	+113.0%
Average			+64.9%

Bosnia and Herzegovina vs. Panama - Cost of groceries

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pay 18.2% less for transportation

	Bosnia and Herzegovina	Panama
Gasoline (1 gallon)	$5.86 BAM10.20	$4.34 PAB4.34	-26.0%
Monthly public transit pass	$34.72 BAM60.41	$23.00 PAB23.00	-33.8%
New Volkswagen Golf 1.4 (standard edition)	$29,218.20 BAM50,833.91	$23,920.67 PAB23,920.67	-18.1%
Taxi trip in downtown area (5 miles)	$8.52 BAM14.82	$16.62 PAB16.62	+95.2%
Average			-18.2%

Bosnia and Herzegovina vs. Panama - Cost of transportation

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pay 2.5 times more for housing

	Bosnia and Herzegovina	Panama
Internet connection 50 mbps or faster, cable/dsl	$27.93 BAM48.60	$49.81 PAB49.81	+78.3%
1-Bedroom apartment in downtown area	$266.74 BAM464.07	$789.50 PAB789.50	+196.0%
1-Bedroom apartment outside city center	$193.39 BAM336.46	$614.84 PAB614.84	+217.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$114.79 BAM199.72	$96.53 PAB96.53	-15.9%
Average			+145.9%

Bosnia and Herzegovina vs. Panama - Cost of housing

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pay 54.6% more for childcare

	Bosnia and Herzegovina	Panama
Private preschool for 1 child, monthly	$166.06 BAM288.91	$543.33 PAB543.33	+227.2%
Middle school for 1 child, two semesters	$9,880.08 BAM17,189.40	$7,213.83 PAB7,213.83	-27.0%
Average			+54.6%

Bosnia and Herzegovina vs. Panama - Cost of childcare

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pay 52.9% more for entertainment and sports

	Bosnia and Herzegovina	Panama
Domestic/local beer (1 pint)	$1.99 BAM3.47	$2.21 PAB2.21	+10.9%
Cappuccino in mid-range area	$1.53 BAM2.66	$3.73 PAB3.73	+143.9%
Pack of cigarettes Marlboro or similar	$3.68 BAM6.40	$5.29 PAB5.29	+43.8%
Monthly membership at local gym	$28.31 BAM49.25	$50.91 PAB50.91	+79.9%
Movie ticket to theater/cinema	$5.18 BAM9.01	$6.13 PAB6.13	+18.4%
Average			+52.9%

Bosnia and Herzegovina vs. Panama - Cost of entertainment and sports

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pay 12.4% less for clothing

	Bosnia and Herzegovina	Panama
Regular jeans Levi's brand	$62.42 BAM108.60	$45.56 PAB45.56	-27.0%
Regular dress from H&M or similar store	$29.78 BAM51.80	$36.71 PAB36.71	+23.3%
Running shoes Nike or Adidas	$90.55 BAM157.54	$69.81 PAB69.81	-22.9%
Men's business shoes (leather)	$103.94 BAM180.83	$88.33 PAB88.33	-15.0%
Average			-12.4%

Bosnia and Herzegovina vs. Panama - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Bosnia and Herzegovina vs. Panama

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Size Comparison · See true size

Bosnia and Herzegovina is about 1.5 times smaller than Panama.

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