Panama: Low Cost of Living

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Panama City

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Panama has the lowest cost of living in the world, according to Numbeo

Summary

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72% Informative

Panama is one of the countries with the lowest cost of living in the world.

The combined cost of food, housing, and transportation is much more affordable than that of countries like the U.S. The tropical paradise has become a favorite relocation destination for expats.

For rent, prices range from $ 600 for a single-bedroom apartment in the city center to around $3,500 for a 3 -bedroom.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

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Offensive language

not offensive

Hate speech