There is no clear direction in the management of electrical and electronic waste products (e-waste), as there are no regulations on ways to do so. This research attempts to understand the trade-off between economic value and environmental effects of the current disposal of e-waste to find ways to optimize waste management, focusing on cellphones, television CRTs, desktop computers, and air conditioners. A Life Cycle Assessment (LCA) is a tool that can analyze various influences, e.g., environmental, costs, and value added. Under the e-waste management status quo, most household e-wastes are kept in houses because owners do not know where to discard them. In addition, informal sectors, such as domestic farmers or workers, have been involved actively for more than a decade, leading to poor management standards for both health and the environment. The logistics are inefficient because the dismantling communities and recycling industry are far apart. Most e-waste is generated, and most recycling industries are located, in the Central region (the richest areas), while the dismantling communities are located in the Northeastern region (the poorest areas). Further, LCA and LCC of e-waste are sensitive to transportation, and not all e-waste parts can be recycled within the country. High-tech mineral extraction cannot be practiced in the country, and thus, circuit boards and batteries are exported for recycling. To promote a circular economy, e-waste management regulations should be implemented and a full recycling industry should be established in the country.