Panama
Is the cost of living in Panama high?
We asked people how much they someone comfortably live on in Panama, they wrote...
"We do fine with $2000/monthly for everything. But, no mortgage, car payment, credit card bills..," remarked another expat in Taboga Island, Panama.
"Our situation on isla Solarte in Bocas is such that we can live comfortable spending $1500 a month. Renting an apartment in town and riding a bicycle can produce a similar situation. I have older, single friends who live in town who spend much less than we do," said a member in Bocas del Toro, Panama.
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Other Questions:
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- Is there a lot of crime in Panama?
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- Is the cost of living in Panama high?
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- Is the cost of living in Panama high?
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- What do I need to know when buying property in Panama?
- Are foreigners allowed to own property in Panama?
- What appliances are typically included in a rental?
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 Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, 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.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
