Panama
What is the average cost of housing in Panama?
If you are thinking about moving to Panama, cost of living in probably a key consideration. Expats commented about the cost of housing...
"Electricity more, especially when fuel prices soar. Cable is same. No ppty taxes, but now have $400 a month maintenance in the bldg, which includes water, garbage, common area items. When I look at check registers from California, I'm reminded that we paid a monthly (smaller) fee, but paid for garbage removal, gardener for back yard, all utilities, cable, phone. Here I can live with a cell phone only," mentioned another expat when asked about moving to Panama City, Panama.
"Our rent (including electric, gas and high-speed internet) is less than half of just our mortgage in S. Florida. Tip: if internet is important to you, don't ask, "do you have internet" since everyone can get it. Ask, "what speed internet can I get and how much does it cost?" We pay about $50 for 5G megs mo. Five minutes away it is $150 for 1meg," commented one expat who made the move to Boquete, Panama.
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What is the average cost of housing in Panama?
If you live in Panama, newcomers to Panama would love to hear your answer to this question.
About the Author
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.
