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Cost of Living in Nueva Gorgona, Panama

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

By Joshua Wood, LPC

Last updated on Jul 06, 2025

Summary: The cost of living in Nueva Gorgona, Panama is relatively low compared to other countries. A nice 1 bedroom apartment in Nueva Gorgona can cost around $500 USD per month, while a nice 2 bedroom apartment can cost around $700 USD per month. The cost of dinner at a moderately priced restaurant in Nueva Gorgona is around $15 USD per person.

Is the cost of living in Nueva Gorgona high?

We asked people how much they someone comfortably live on in Nueva Gorgona, they wrote:

"A couple (renting) can live in a condo and a very comfortable lifestyle, eating out a time or two a week, for $2-2.5K/ month in this area or less depending on where you live. We are pretty spoiled," remarked one in Nueva Gorgona.

"The cost of living in Nueva Gorgona can be considered to be higher than in other areas of Panama, as there are few bargains to be found, and prices are generally higher than in other regions," explained one expat.

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Will I save money living in Nueva Gorgona?

"Living in Nueva Gorgona can be an affordable option for many people, as the cost of living is typically lower than in larger cities. The cost of groceries, utilities, and housing are all lower than the national average in Panama, so you may find that you can save money while living here," said one person in Nueva Gorgona.

"The cost of living in Panama is not as low as it once was (we have heard) but is still lower than the US. There is no way we could afford to rent a condo right on the beach in the US for what we are paying here. We knew there would be adjustments but it has been easier than we anticipated in part due to the strong expat community. No expectations means no disappointment," remarked one expat in Nueva Gorgona.

What is the average cost of housing in Nueva Gorgona?

If you are thinking about moving to Nueva Gorgona, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Nueva Gorgona is relatively affordable, ranging from moderately priced apartments to luxurious villas and beachfront properties," explained one expat living in Nueva Gorgona.

"Housing costs are still lower than the U.S. Smaller homes in town run 300 to 800 per month to rent. Condos rent from 900 to 1800 per month to rent. Condos for sale between 200k to 450k, depending on amenities and the floor," said one expat in Nueva Gorgona .

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Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

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What are typical rental prices for expats in Nueva Gorgona?

"The rental price for a nice 1 bedroom apartment in Nueva Gorgona is typically around $500 to $700 per month. For a nice 2 bedroom apartment, the rental price is usually around $700 to $900 per month," said an expat in Nueva Gorgona.

"There are homes available for lower rents in Gorgona but I'm in a condo on the beach and that is the market I’m familiar with. Furnished two bedroom, two bathroom rentals along the beach in a condo usually run from $900 to $2,000 and above. Many rents include WiFi, electricity, gas, water, trash collection. Be sure to know what is included," commented one expat living in Nueva Gorgona, Panama.

What appliances are typically included in a rental?

We asked foreigners in Nueva Gorgona what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Nueva Gorgona typically include a refrigerator, stove, oven, and washing machine. Some properties may also include a dishwasher, microwave, and air conditioning unit. Additionally, many properties come with basic furniture such as beds, couches, and tables," remarked one expat in Nueva Gorgona.

"In the furnished condos along the beach, kitchens have all appliances.. these include refrigerator, stove and microwave, many even have washers/dryers, dishwashers, and garbage disposals. They are often furnished with toasters, blenders, coffee makers and other small kitchen appliances and table service too. Units usually have air conditioners too. It's a good idea to check the kitchen out thoroughly and see what is there," remarked one expat living in Nueva Gorgona.

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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Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

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