Expense Budget 2020

5 years ago
We moved down to Panama 2020. Budgeted were best guesstimates and now today I’m posting actual expenses incurred. These are for two healthy people w/o a car renting on the beachfront a Casita(glamping).
Budget 2020
**Expense** *Beach House* **U.S. $** Actual
Accommodation (two bedroom apartment ) Rent (incl $40 elect) $1,000 $950
Water (often bundled with trash pickup) $0 to $20 0
Gas for cooking, hot water heaters, dryer, etc. $2 to $10 1
Internet (high-speed) next door $0 0
Cable or satellite television $7 to $50 0
Food (local and imported food and household items)
$450 700
Transport (taxi or fuel/maintenance on a compact car)
$200 240
Entertainment (dinner four times a month) $120 500
Electricity (depending on air conditioning use $0 to $30 30
Bribes (tips) 30
Misc.
Rx 550
Gift 90
Communications (cell phone, mostly local use) $50 115


**Monthly total:** **$2,235** $3206/mo

We expected ~$2200 but spend $3200. Both Medical and Food are more expensive than in the States. If you have no Rx’s and can eat fried food stuffs Food is ½ what we spend.

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