Abstract-Spectrum scarcity together with high capacity demands make the use of millimeter wave (mmWave) frequencies an interesting alternative for next generation, i.e., fifth generation (5G), networks. Although mmWave is expected to play a key role for both access network and backhaul (BH), its initial use in the BH network seems more straight-forward. This stems from the fact that, in the BH case, its deployment is less challenging due to the fixed locations of BH transceivers. Still, provided that mmWave spectrum consists of several subbands, each one with different characteristics and thus different deployment constraints (e.g., channel bandwidth, maximum transmission power), a comparison is required in order to gain a better insight into the potentials of each solution. To that end, in this paper, the main mmWave candidate frequency bands are compared in terms of range, throughput and energy consumption. In our results, the bandwidth availability, the maximum transmission power as well as the antenna gains of each BH technology are taken into account, as defined by the Federal Communications Commission. The results are also compared with current industry-oriented state-of-the-art transceiver characteristics in order to gain further insights into the maximum achievable gains of each subband.