# Panama City — relocation profile

Panama City, Panama · Flawed democracy · livability 57/100

## At a glance

- **Country:** Panama
- **Region:** North America
- **Estimated monthly cost of living (solo, renting in the centre):** $2,302/month
- **Livability score:** 57 / 100 (rank 105 of 132 Townleap cities)
- **Settler safety score:** 49 / 100 (rank 106 of 132)
- **Cost vs New York City:** 72% cheaper
- **Also appears in:** Remote Workers, Beach Life, Lowest Crime, Budget Maximizers, Rising Stars, Remote Work Visa Cities, Fresh Start Cities, Hidden Gems, Family-Friendly Cities, Retire Abroad, Young Professionals, Open Door Cities, Leaving the UK

## Cost of living

| Item | USD / month |
| --- | --- |
| Rent — 1-bed, city centre | $1,059 |
| Rent — 1-bed, outside centre | $794 |
| Rent — 3-bed, city centre | $2,126 |
| Average net salary (after tax) | $980 |
| **Total monthly cost (solo, rent included)** | **$2,302** |

Reference point: 46% pricier than Boquete.

## Settling

- **Democracy index (EIU, 0–10):** 6.8
- **Regime type:** Flawed democracy
- **Homicide rate:** 12.5 per 100,000/year
- **Time to permanent residency:** 0 years
- **Time to citizenship:** 5 years
- **English proficiency:** Low (EF EPI 491)
- **Main languages:** Spanish

## Day to day

- **Summer (low–high):** 24–29°C
- **Winter (low–high):** 24–31°C
- **Internet speed:** 30.55 Mbps
- **Healthcare index (0–100):** 67.8
- **Natural features:** ocean

## Economy

- **GDP per capita:** $41,369 (2024, country-level)
- **Inflation:** 0.7% (2024)
- **Unemployment:** 8.4% (2025)
- **Population:** 1,540,000

## Similar cities

| City | Country | Rent (1-bed, centre) | Monthly cost | Page |
| --- | --- | --- | --- | --- |
| Tamarindo | Costa Rica | $950 | $1,552 | /cities/tamarindo |
| Honolulu | United States | $2,703 | $5,635 | /cities/honolulu |
| Rio de Janeiro | Brazil | $661 | $1,816 | /cities/rio-de-janeiro |
| Tulum | Mexico | $1,045 | $2,193 | /cities/tulum |
| Kuala Lumpur | Malaysia | $690 | $1,748 | /cities/kuala-lumpur |

## Related pages

- Cost of living breakdown: /cost-of-living/panama-city
- Compare with another city: /cities/compare
- Visa and residency paths: /cities/panama-city/visa

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Source: [Townleap](https://www.townleap.com/cities/panama-city) — permanent-relocation data for people picking a country to actually live in, not visit.

Cost figures are Numbeo-derived and in USD unless labelled otherwise. Economics are World Bank. Every number on this page is also on the HTML page at the same URL — this variant exists so you do not have to parse a React app to read a rent figure.