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The cost of life in Panama is very, very affordable compared to other countries able to offer similar quality of life. After living in Costa Rica for nearly a decade, I'm amazed at how affordable Panama is comparatively. I can find bottle beer for $1, have a great sandwich for $2.50, buy electronics at Hong Kong prices and just about any product you can think of that comes through the canal is available at great prices. If you're a consumer, you won't be disappointed in Panama.
Taxi rides around the city are incredibly affordable. For $2.00 you can get just about anywhere. Now I don't think Panama is dirt cheap, but the quality of life per dollar is about as good as any mid-size town in the U.S., probably better. Real estate prices are indeed climbing, but everyday life in Panama is very, very reasonable. Outside the city prices get lower although access to the same goods and services is obviously more difficult. Medical costs are a fraction of those in the U.S. Retirees enjoy numerous discounts on automobiles, medical services, insurance and simple things like movies.
We'll compile a more detailed "basket of goods" here soon so that you have a good idea of costs.
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| Home Nestled in a Coffee Plantation |
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Price: $549,000
Property Type: Homes
Remarks: IThis amazing home is located just 15 minutes away from downtown Boquete,
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| Comfortable Beach Home |
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Price: $450,000
Property Type: Homes
Remarks:
With fantastic weather, and surrounded by extensive vegetation, you will find... |
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| Comfortable Beach Home |
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Price: $395,000
Property Type: Homes
Remarks:
Prime location affording spectacular uninterrupted views of Jaramillo and within...
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| Ocean View Home with Pool |
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Price: $385,000
Property Type: Homes
Remarks:
Modern one and two story villas available in one of Panama?s most desirable... |
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| Comfortable Beach Home |
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Price: $375,000
Property Type: Homes
Remarks: If you ever dreamed about retiring and having a beautiful residence in Boquete. |
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| Beautiful Mansion For Sale |
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Price: $335,000
Property Type: Homes
Remarks:
This is a quality built, custom home designed and constructed by the best architect/contractor.
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| Beautiful Mansion For Sale |
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Price: $325,000
Property Type: Homes
Remarks:
This lovely house is located in the folkloric town of Las Tablas, famous for... |
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| Beautiful Mansion For Sale |
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Price: $275,000
Property Type: Homes
Remarks:
Gorgona is located just 55 minutes from Panama City. Once you enter Gorgona... |
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| Ocean View Home with Pool |
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Price: $245,000
Property Type: Homes
Remarks:
Beautiful house in the city of David, Chiriqui. The property is located in...
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