All data is kept up to date by local members and actual students. The country is bordered by India, Bangladesh, Thailand, Laos, and China. In July 2016 the Central Bank of Myanmar urged banks and moneylenders to accept crumpled and old US dollar bills. The average cost of living in Myanmar ($805) is 81% more expensive than in Sri Lanka ($445). The cost of living for expatriates in Myanmar as at January 2021 is low in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of 59.84 (New York =100). Myanmar is the officially known the Republic of the Union of Myanmar and widely known as Burma. Cost of Living in Myanmar . The Myanmar people are easygoing when they bargain and negotiations usually end with both parties smiling happily. What is the cost of living in Yangon? Its cost of living is moderate where the living costs not so much high. It is a place that still offers many mysteries for those willing to sacrifice western modernity for a journey into the past. Please help us update it. That said, bringing to Myanmar pristine 'new' bills – bills issued in 2006 or later that have colour and are in perfect condition: no folds, stamps, stains, writing marks or tears – … Cost of living in Myanmar May 23, 2016 Travel Blog Living in Myanmar is amazing experience, but you need to prepare some knowledge and some kind of experience to have an easy living, especially some places in Myanmar, the price for buying stuff is very high. Myanmar: Currency +/- valuation index. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index). 0. Much of life in Yangon revolves around religion. For other areas within the country see Myanmar. A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. In this video our host GD makes a detailed analysis of what it costs to live a lifestyle in Yangon, Myanmar. If you are the one who is planning to stay longer period in Yangon, here is the useful information for you. Cost Of Living. The cost of living for expatriates in Yangon as at October 2020 is average in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of 67.28 (New York =100). Thank you! Myanmar ranked 93rd vs 186th for Sri Lanka in the list of the most expensive countries in the world. Our latest update was on: 30th of June 2020 Compare the cost of your home country to the actual living costs in Myanmar, simply select your home currency and see the difference! Cost of living in Myanmar (2018 update) Posted By admin Posted on July 21, 2018. Home / Blogs • Tips / Cost of living in Myanmar (2018 update) Posted in Blogs Tips. Takashi Shiraishi wrote in the Yomiuri Shimbun, “Myanmar's per capita income is far below that of Laos and Cambodia in terms of market-based foreign exchange rates to the dollar. This is a cost of living indicator. Being an Asian country it provides all kinds of products with a reasonable price like other Asian countries. The average after-tax salary is enough to cover living expenses for 0.2 months in Myanmar … The cost of housing in Bagan is less expensive than Myanmar average and earns a score of 7 out of 10. Have more accurate data for the cost of living in Myanmar?