Top Countries for Relocating

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Cost of Living in Panama

Cost of Living in Panama

Panama offers a very comfortable retirement solution, in part because the nation is much more developed than most visitors expect.Many are shocked by the modernity of Panama and the clusters of skyscrapers that define Panama City’s skyline. All of the amenities one could wish for are readily available.

By moving to Panama, you will enjoy the benefits of a developing economy where you can still take a taxi across town for a buck or two, get your haircut for a couple of dollars, or enjoy dinner for two with a bottle of wine at one of the finest restaurants in Panama City for a mere $30.

Your power bill will depend on where you live. In mountain towns like Cerro Azul, you may use less electricity-many expats find they don’t need air conditioning in the cooler climes. Sea-level destinations like Panama City are very warm, and most expats in the city use air conditioning. David, on the other hand, is not in the water, so it’s known as Panama’s warmest city.

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Living in Panama

Living in Panama

Panama stands out among the world’s expat destinations because it offers solid infrastructure and First World amenities…close to North America.

And when it comes to value and variety, Panama can’t be beaten. Here, you really get what you pay for…never less. A little money can buy you a lot of luxury. And even if you’re living on a pension, life here is easy, breezy, and fun.

There are parts of Panama where one can live on $1,000 a month, all told. Places where you’ll find few cons and plenty of pros, from pretty views to friendly locals. Where you feel miles away from the First World capital—though, truly, the country is so small, you’re never far from the city. Places where you can live a good life.

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