×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Panama | Is the cost of living in Panama high? | Expat Exchange
Expat Exchange
Free MembershipSign In
Boquete, Panama

Is the cost of living in Panama high?

Answer this Question

Business Panama Group
Business Panama Group
Business Panama Group
Business Panama Group

We asked people about the cost of living in Panama, they wrote...

"Cost of groceries is good, especially when buying local produce. Some meats, sugars, and grains are price controlled and can be very inexpensive. Compared to my home area of rural Ohio, food expense is about the same. Cost of electricity at our house is less than $25.00 per month, and we use the air conditioner some mid-days. Usually ceiling fans provide more than enough comfort. Gas tanks are used for cooking, and the one tank we purchased for $25.00 has yet to run out after 7 months of use. ," said a member in Pedasi, Panama.

Business Panama GroupBusiness Panama Group
Connect

The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.

Click connect to have our partner contact you via e-mail and/or phone.

Business Panama GroupBusiness Panama Group

The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

"You an rent a home for under 500 a month. Utilities are cheap, food is also cheap. Maybe 50 every two, weeks maybe 100 for, 2 people to, eat well," remarked another expat who made the move to Panama.

Please login to continue reading this article.

Not a member? Join Today (it's free).

Other Questions:

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:

If your answer relates to a specific city or town in Panama, please include the name of the city/town below:


About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat 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.

Boquete, Panama
Business Panama Group
Business Panama Group

Business Panama Group, with 20 years of experience, plays a pivotal role in promoting and facilitating investments, real estate, and tourism ventures in Panama.
Learn More

Business Panama GroupBusiness Panama Group

Business Panama Group, with 20 years of experience, plays a pivotal role in promoting and facilitating investments, real estate, and tourism ventures in Panama.
Learn More

Business Panama Group
Business Panama Group

Copyright 1997-2025 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides