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Cost of Living in Isla Taboga, Panama

By Joshua Wood, LPC

Last updated on Mar 12, 2023

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

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Is the cost of living in Isla Taboga high?

We asked people how much they someone comfortably live on in Isla Taboga, they wrote:

"The cost of living in Isla Taboga is relatively affordable compared to many other tourist destinations. Rent for a one-bedroom apartment in the city center is moderately priced, while outside the city center, it is considerably cheaper. The cost of utilities such as electricity, heating, cooling, water, and garbage is also quite reasonable. Groceries in Isla Taboga are relatively inexpensive, with local markets offering fresh produce, meat, and seafood at affordable prices. Eating out at restaurants can vary, with inexpensive meals available at local eateries and more expensive options at high-end restaurants. Transportation costs are also quite low, with affordable public transportation options and reasonably priced taxis. Gasoline prices are comparable to those in the United States. Healthcare in Isla Taboga is also affordable, with both public and private healthcare options available at reasonable prices. Overall, the cost of living in Isla Taboga is lower than in many other parts of Panama, making it an attractive option for expats and retirees," explained one expat.

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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.
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Will I save money living in Isla Taboga?

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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.

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

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