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Cost of Living in San Carlos, Panama

By Joshua Wood, LPC

Last updated on Mar 01, 2023

Summary: What is the cost of living in San Carlos, Panama? Hear what expats, digital nomads and retirees living in San Carlos have to say about the cost of housing, health insurance and general living costs.

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Is the cost of living in San Carlos high?

We asked people how much they someone comfortably live on in San Carlos, they wrote:

"Living in San Carlos is generally considered affordable compared to many Western countries. The cost of housing is relatively low, with options ranging from modest apartments to more luxurious villas. Utilities such as electricity, water, and internet are also reasonably priced. Groceries are cheaper than in many Western countries, especially for local produce and products. Dining out is also affordable, with a wide range of options from street food to high-end restaurants. Healthcare in San Carlos is less expensive than in many Western countries, but the quality of care can vary. It's recommended to have health insurance to cover any potential medical costs. Transportation costs are also low, with affordable public transportation options and reasonably priced gasoline for those who prefer to drive. However, imported goods, especially electronics and luxury items, can be more expensive than in other countries due to import taxes. Overall, the cost of living in San Carlos, Panama is affordable, but it can vary depending on lifestyle and personal preferences," said one expat in San Carlos.

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Will I save money living in San Carlos?

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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.

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Discover a full range of legal services in Panama, from residency and visas to bank accounts, company formation, and real estate advice. Trust Panama Legal Business.
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Panama Legal Business (PANLEB)Panama Legal Business (PANLEB)

Discover a full range of legal services in Panama, from residency and visas to bank accounts, company formation, and real estate advice. Trust Panama Legal Business.
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