Is the cost of living in Panama high?
We asked people how much they someone comfortably live on in Panama, they wrote...
"The cost of living in Panama is generally considered to be very affordable. Groceries, rent, utilities, healthcare and other necessities are typically more affordable than in many other countries. The cost of dining out, entertainment, and other services is also competitive. Panama is a great option for those looking to live comfortably and keep their cost of living low," wrote a member who made the move to Panama.
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VRBO Vacation RentalsWith over 2 million bookable vacation rentals, Vrbo connects homeowners with families and vacationers looking for something more than a hotel for their trip. The Vrbo community offers families an array of rental property types such as condos, cabins, lake rentals, beach houses, and more. Discover properties in destinations that everyone dreams of visiting.
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"A couple (renting) can live in a condo and a very comfortable lifestyle, eating out a time or two a week, for $2-2.5K/ month in this area or less depending on where you live. We are pretty spoiled," explained one expat living in Nueva Gorgona, Panama.
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Is the cost of living in Panama high?
If you live in Panama, newcomers to Panama would love to hear your answer to this question.
About the Author
Joshua Wood, LPC is one of the Founders of InternationalTravel.ai and serves as Co-President of Expat Exchange. Prior to Expat Exchange and InternationalTravel.ai, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist. Connect with Joshua on LinkedIn.