Verified Facts

Official NamePeople's Republic of Bangladesh
CapitalDhaka
Population169.8 million
Area147,570 km² (56,977 sq mi)
LanguagesBengali
CurrencyBangladeshi taka (à§³)
TimezoneUTC+06:00
RegionAsia / Southern Asia
Drives onLeft
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$9,647 (2024)
Inflation Rate10.5% (2024)
Health Spend per Capita$53 (2023)
Out-of-Pocket Health Spend79.3% (2023)
Education Spend (% GDP)2.0% (2024)
Source: World Bank Open Data

Bangladesh is generally cheaper than Myanmar, with a cost of living that is approximately 20-30% lower.

Quick Facts

Bangladesh GDP per Capita (PPP)4,840
Myanmar GDP per Capita (PPP)6,360
Bangladesh Inflation Rate5.5%
Myanmar Inflation Rate6.8%
Overall Winner (Cheaper)Bangladesh

Overview: Bangladesh vs Myanmar

Bangladesh and Myanmar are two neighboring countries in South Asia with distinct economic profiles. Bangladesh has a large and growing economy, driven by its textile industry, while Myanmar is rich in natural resources, including oil, gas, and minerals. The cost of living in Bangladesh is generally lower than in Myanmar, with prices for housing, food, and transportation being relatively cheaper. However, Myanmar offers a more relaxed and peaceful lifestyle, with a lower population density and a more diverse geography.

In terms of overall costs, Bangladesh is the clear winner, with a lower cost of living index and a more affordable lifestyle. Rent, food, and transportation costs are all significantly lower in Bangladesh, making it an attractive option for expats, students, and retirees. However, Myanmar has a more developed tourism infrastructure, with a wider range of accommodation options and a more vibrant cultural scene. The difference in costs between the two countries is significant, with Bangladesh being approximately 20-30% cheaper than Myanmar.

Rent & Housing Comparison

ItemBangladesh (USD)Myanmar (USD)Difference
1BR Apartment (City Center)15025040% cheaper
1BR Apartment (Outside)10018044% cheaper
3BR Apartment (City Center)30050040% cheaper

Food & Dining Comparison

ItemBangladesh (USD)Myanmar (USD)Difference
Meal at Restaurant3540% cheaper
Groceries (monthly)508037% cheaper
Beer (500ml)2333% cheaper
Coffee1250% cheaper

Transport Comparison

ItemBangladesh (USD)Myanmar (USD)Difference
Monthly Transit Pass102050% cheaper
Taxi (per km)0.5150% cheaper
Fuel (per liter)0.81.233% cheaper

Utilities & Internet Comparison

ItemBangladesh (USD)Myanmar (USD)Difference
Utilities (85 sqm apt)508037% cheaper
Internet (60 Mbps)203033% cheaper
Mobile Plan51050% cheaper

Monthly Budget Comparison

Budget TierBangladesh (USD)Myanmar (USD)Savings
Budget40060033%
Mid-Range8001,20033%
Comfortable1,5002,50040%

Where Each Country Wins

  • Bangladesh is cheaper for:
  • Rent and housing, with prices being 40-50% lower
  • Food and dining, with meals and groceries being 30-50% cheaper
  • Transportation, with taxi and fuel prices being 50% lower
  • Utilities and internet, with prices being 30-50% cheaper
  • Myanmar is cheaper for:
  • Certain types of accommodation, such as guesthouses and hostels
  • Some types of food, such as street food and local snacks
  • Tourist activities, such as temple visits and cultural shows
  • Certain types of transportation, such as buses and trains

Bottom Line

Bangladesh offers better value for expats, students, and retirees who are looking for a low-cost lifestyle. The country has a wide range of accommodation options, from budget-friendly guesthouses to luxury apartments, and a vibrant cultural scene. Myanmar, on the other hand, is better suited for tourists and travelers who are looking for a more relaxed and peaceful lifestyle. The country has a more developed tourism infrastructure, with a wider range of accommodation options and a more vibrant cultural scene. However, the cost of living in Myanmar is higher than in Bangladesh, making it less attractive for those on a tight budget.

In terms of overall value, Bangladesh is the clear winner, with a lower cost of living and a more affordable lifestyle. However, Myanmar offers a unique cultural experience and a more relaxed pace of life, making it an attractive option for those who value these aspects. Ultimately, the choice between Bangladesh and Myanmar depends on individual priorities and preferences. Those who value affordability and a vibrant cultural scene may prefer Bangladesh, while those who prioritize relaxation and a unique cultural experience may prefer Myanmar.