🇵🇦

Panama

Americas·USD·Spanish

Nomad Score

7.2

Very Good

Uses USD, has excellent banking, and offers one of the world's best retirement visa programs. Panama City is a modern, cosmopolitan hub.

Key Indices

Cost of Living

Rent Index

42.5

Groceries

Restaurants

Purchasing Power

Safety

Healthcare

108

Quality of Life

Cost Breakdown

Housing

1BR Apartment (City Center)$600/mo

3BR Apartment (City Center)$1000/mo

Food & Drink

Inexpensive Restaurant$6

Mid-Range (2 People)$25

Cappuccino$3.5

Utilities & Services

Monthly Transport Pass$25/mo

Internet (60 Mbps+)$30/mo

Gym Membership$30/mo

Income

Average Monthly Salary$900

Population4,314,767

Monthly Budget

$1,035

Estimated monthly cost for a single person

Rent (1BR)$600

Food (30 cheap + 4 mid-range)$280

Coffee (20x/month)$70

Transport$25

Internet$30

Gym$30

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