Cheapest priced citySantiago$987 essentials/mo
Priciest priced cityPanama City$1,507 essentials/mo
Average 1-bed outside centre$665across 3 priced cities
Santiago vs the worldCheaper than 293 of the 535 priced cities we trackessentials, single person, USD
Tourist stay signalUp to 180 days visa-free for US/Canada, 90 days for EU/UK and most other nationalities; the Pensionado visa is one of the most accessible retiree residency programs in the world (no minimum age, $1,000/month pension).as of 2026-07
City-by-city monthly costs
Essentials are sourced rent outside centre plus utilities, groceries, dining, and local transport. They are not a full lifestyle budget.
| Santiago | $987 | 102.4 province/comarca | $392 | $576 | $135 | $241 | $176 | $43 | $793 |
|---|---|---|---|---|---|---|---|---|---|
| Boquete | $1,143 | 100 province/comarca | $700 | $825 | $159 | $158 | $101 | $25 | $800 |
| Panama City | $1,507 | 99.4 province/comarca | $902 | $1,242 | $183 | $225 | $176 | $21 | $931 |
Single person, USD. Data updated August 6, 2026.
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Photo: Dronepicr, CC BY 3.0.
