Cost of Living in Contadora Island, Panama

"The cost of living in Contadora Island, is relatively high compared to other parts of the country. This is primarily due to its status as a popular tourist destination and its remote island location. The cost of housing is particularly high, with rental and property prices significantly above the national average. Groceries and other everyday items can also be more expensive due to the cost of transporting goods to the island. Eating out at restaurants and bars on the island can also be quite costly. However, utilities such as electricity, water, and internet are typically comparable to prices on the mainland. Transportation on the island is primarily by golf cart, which can be rented at a daily or weekly rate. Despite the higher cost of living, many residents feel that the island's natural beauty, relaxed lifestyle, and close-knit community make it worth the expense," remarked one in Contadora Island.