Panama · Americas
Panama City
Costs last verified
Part of the Cost of Living Abroad guideMonthly cost
$1,800Estimate for a solo remote worker — verify current local prices.
Studying here? About $1,210/mo
Studying here? Reckon on roughly 35% less. Shared halls instead of a private flat is most of it, with a meal plan, a student travel pass and a campus you do not have to rent a desk in doing the rest. Phone, insurance and a social life cost the same either way.
At a glance
Healthcare, taxes & language
The decisive three for a longer stay in Panama.
Healthcare
Anyone not already insured through a job, foreigners included, can apply to the Caja de Seguro Social (CSS) voluntary scheme with a passport and a sworn asset declaration, subject to CSS medical exams. The Short-Stay Remote Worker visa (9 months, renewable once) requires private medical insurance valid in Panama for the whole stay. Official sources give conflicting minimum contributions for foreigners, so confirm costs with the CSS.
Taxes
Not taxed. Only Panama-source income is.
English
Being verified.
Getting in — Panama
Full Panama guideTop visa routes, ranked by route score — stay, ease and speed.
Short-Stay Remote Worker Visa
9 months, renewable once (up to 18 months)
Qualified Investor (Golden) Visa
Permanent residency
Pensionado Visa
Permanent
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Comparable cost, same part of the world. Compare side by side →
Panama City at a glance
Panama City, Panama costs about $1,800 USD a month for a solo remote worker, with rent at 47% of that budget. The biggest budget line is rent at $850 and the smallest is transport at $50. In our data internet averages 100 Mbps and safety scores 7/10. Similar cities range from Santiago at $1,800 a month to Mexico City at $1,850.
Costs verified on November 1, 2026 (Eastern Time).
Questions about Panama City
How much does it cost to live in Panama City?
A solo remote worker in Panama City, Panama spends an estimated $1,800 USD/month on rent, food, transport and coworking, based on our cost-of-living breakdown.
How much is rent in Panama City?
Rent in Panama City is an estimated $850 USD/month in our cost-of-living breakdown.
How fast is the internet in Panama City?
Internet in Panama City averages 100 Mbps in our cost-of-living breakdown.
How much does coworking cost in Panama City?
A coworking space in Panama City costs an estimated $140 USD/month in our cost-of-living breakdown.
Is Panama City safe?
Panama City has a safety score of 7/10 in our cost-of-living breakdown.
What is Panama City's nomad score?
Panama City scores 8/10 on our nomad score, which weighs cost, safety and internet quality for remote workers.