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Cost of living

Burnburn

Good evening. My name is Al, I am a Canadian ling in the Toronto area. What is the average monthly cost to live in the suburbs there including housing. Thank you in advance, looking forward to your response .

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Cheryl

Hello Burnburn,


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Could you please tell us why Panama? Have you been there before?


While waiting for other members of this forum to reply, I invite you to read the Living in Panama guide for expats. You should check different articles such as accommodation, visa, formalities, etc.


All the best,


Cheryl

½ûÂþÌìÌà team

Sduggan77

Al - we are also Canadian and planning our move to Portugal.  Cost of living varies widely within Portugal. This site, and google generally, has a lot of info onthe different areas and towns.  You can also do cost of living comparos at numbeo.com as a research tool, although I suspect those numbers are out of date due to the recent inflation surge.

Sunnymikkel

@Burnburn  Depends on where you are living and what lifestyle you will want. Could be $4,000 in Panama City or it could be $1500 living Panamanian-style in a remote village! Need to define what you truly want.

thorky

@Burnburn Hi, if you´re interested in the cost of living check out .  You can compare anywhere in the world to where you are living.  You may want to check out the cost of living in Medellin, Colombia.  It is 40% cheaper than living in Toronto, and it´s a paradise.  Much cheaper than Panama or for that matter anywhere else in Central or South America.  I´ve been living here for two years, and loving it.   

thorky

it is numbeo.com. If you want any more info just send a message to me. Cheers

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@thorky since Colombia doesn't have a Trade Agreement with the US, wouldn't a US expat be double taxed? Once in the US and again in Colombia. Right?

thorky

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I don´t know, as I´m a Canadian living in Colombia

AmoCerroAzul

Cost of living in a "suburb" like brisas del golf or San antonio (Eastern Panama):


Renting a house: $600-800 per month

Food: maybe 1/2 the price of Canada, but it depends on your specific diet.

Internet: $30-50ish a month

Water: $8.20/month

Trash: $10/month

Electricity: $100ish a month (or a lot less if you can live without AC)

Transport: $0.25 per bus ride, $0.85 to take the train to the center of the city.


Entertainment is really cheap but limited compared to Toronto.


I would avoid renting in Panama Oeste due to the issues with water, crime, and traffic.