Moving to Panama from Ecuador

moving to

What to Expect

Everything you need to know before relocating from Ecuador to Panama — costs, safety, healthcare, and practical first steps.

If you moved from Ecuador to Panama, you would find that Panama is 73.0% more expensive than Ecuador overall. A $75,000 salary in Ecuador would need to be roughly PAB130,000 in Panama to maintain the same lifestyle. Expect a noticeable climate shift — Panama City averages 93°F vs 71°F in Quito, making it significantly warmer.

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How Far Will Your Money Go?

What to expect for your wallet after moving from Ecuador to Panama.

What does your salary buy?

$75,000 → PAB130,000

To maintain the same standard of living in Panama

Calculate with your salary →

Where you'll feel the difference day-to-day

Restaurants

pay 74.2% more

Groceries

pay 95.1% more

Transportation

pay 27.8% more

Housing

pay 2.4 times more

Childcare

pay 55.2% more

Entertainment and Sports

pay 17.9% more

See full cost of living breakdown
Exchange rate: 1 USD = 1.0 PAB (October 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Who Else Is Making This Move?

How many people actually move from Ecuador to Panama, based on official data.

Living there in 2020
3,201 ↑ 20% vs 2015

people born in Ecuador live in Panama · UN DESA

Who's moving to Panama?

Top countries of origin for Panama's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

Key indicators for anyone considering a move from Ecuador to Panama.

Is it safe?

Homicide rate World Bank, 2023

per 100,000 people per year

EC
45.7
PA
11.7
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

EC
23.4
PA
7.3

Panama performs significantly better than Ecuador across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2023

annual government + private spending per person

EC
$1,238
PA
$3,318
Doctors per 10,000 people World Bank, 2022

affects wait times and access to care

EC
23.1
PA
16.2

Ecuador generally does better on health & wellbeing, though Panama leads in health coverage index.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

EC
23.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

EC
2.6t
PA
2.7t

Ecuador generally does better on environment, though Panama leads in air pollution deaths.

Will I have good infrastructure?

Broadband per 100 people World Bank, 2024

fixed broadband subscriptions — key for remote work

EC
17.2
PA
18.1
Water stress level World Bank, 2022

higher means greater strain on freshwater supply

EC
6.8%
PA
0.9%

Panama generally does better on infrastructure, though Ecuador leads in internet access.

What are the job prospects?

Unemployment rate World Bank, 2025

percentage of the labour force without work

EC
3.3%
PA
8.4%
GDP per capita World Bank, 2025

a broad measure of economic output per person

EC
$7,125
PA
$19,790

Ecuador generally does better on employment & economy, though Panama leads in gdp per capita.

Is it good for families?

Life expectancy World Bank, 2024

average years of life at birth

EC
77.6 yrs
PA
79.8 yrs
Infant mortality World Bank, 2024

deaths per 1,000 live births — lower is better

EC
10.9
PA
12.0

Ecuador generally does better on family life, though Panama leads in life expectancy.

Sources: World Bank (2020–2025), United Nations SDG Indicators (2019–2021), World Health Organization (2024), Servicio de Rentas Internas del Ecuador (2016), General Directorate of Revenues, Panama (2016). How we calculate this

What's the Climate Like?

Monthly averages — select a city to compare.

Quito Rain: 43.2 in/yr (1098 mm)
71° / 50°F

Avg. annual high / low

Panama City Rain: 75.1 in/yr (1907 mm)
93° / 68°F

Avg. annual high / low

Months Quito Panama City
Jan–Mar 70°/50°F (21°/10°C) 94°/65°F (34°/18°C)
Apr–Jun 70°/50°F (21°/10°C) 94°/69°F (35°/21°C)
Jul–Sep 72°/49°F (22°/9°C) 92°/70°F (34°/21°C)
Oct–Dec 70°/49°F (21°/10°C) 91°/68°F (33°/20°C)
View all months
Month Quito Panama City
Jan 70°/50°F (21.2°/9.8°C) 92°/65°F (33.4°/18.5°C)
Feb 70°/50°F (21.0°/10.1°C) 94°/65°F (34.2°/18.4°C)
Mar 69°/50°F (20.8°/10.1°C) 95°/65°F (34.8°/18.4°C)
Apr 70°/50°F (20.9°/10.2°C) 96°/67°F (35.4°/19.5°C)
May 70°/50°F (21.0°/10.1°C) 94°/70°F (34.5°/21.1°C)
Jun 70°/50°F (21.1°/9.8°C) 93°/70°F (33.8°/21.3°C)
Jul 71°/49°F (21.5°/9.4°C) 93°/70°F (33.9°/21.0°C)
Aug 72°/49°F (22.2°/9.6°C) 93°/70°F (33.9°/20.9°C)
Sep 72°/49°F (22.3°/9.4°C) 91°/70°F (32.9°/21.0°C)
Oct 71°/49°F (21.8°/9.5°C) 91°/69°F (32.6°/20.8°C)
Nov 70°/49°F (21.3°/9.6°C) 91°/69°F (32.9°/20.3°C)
Dec 70°/49°F (21.3°/9.7°C) 92°/67°F (33.3°/19.2°C)

Data: Instituto Nacional de Meteorología e Hidrología - INAMHI Instituto Nacional de Meteorología e Hidrología - INAMHI, IMHPA - Instituto de Meteorología e Hidrología de Panamá IMHPA - Instituto de Meteorología e Hidrología de Panamá

Visitor Visa Requirements

Short-stay tourist visa rules between Ecuador and Panama. To live, work, or study long-term in Panama, you'll need a separate residence or work visa — check Panama's immigration authority.

Ecuador passport

Ecuador passport holder visiting Panama

Visa Free
Ecuador passport holders can enter Panama without a visa.
Panama passport

Panama passport holder visiting Ecuador

Visa Free
Panama passport holders can enter Ecuador without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Panama than Ecuador?

No — Panama is on average about 73% more expensive than Ecuador. City-level variation matters.

How much money do I need to move to Panama?

Plan for at least 3 months of living expenses — roughly PAB32,500 in Panama on a $75,000 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).

Can I work remotely from Panama?

Internet is rarely the blocker — Panama has 18.1 fixed broadband subscriptions per 100 people. The real questions are legal: digital nomad visa eligibility, your employer's overseas-work policy, and tax residency in both countries.

Is Panama safe for expats?

Panama performs significantly better than Ecuador across all safety metrics. The homicide rate in Panama is 11.7 per 100,000 people, compared to 45.7 in Ecuador.

How is healthcare in Panama compared to Ecuador?

Ecuador generally does better on health & wellbeing, though Panama leads in health coverage index. There are 16.2 doctors per 10,000 people in Panama, compared to 23.1 in Ecuador. Panama scores 78 on the WHO universal health coverage index (Ecuador: 77).

What's the weather like in Panama compared to Ecuador?

The average high temperature in Panama City is 93°F, compared to 71°F in Quito. Panama City receives around 75.1 in of rainfall per year, while Quito gets 43.2 in.

What language do they speak in Panama?

Both Ecuador and Panama share the same official language: Spanish.

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At a Glance

EC PA
Population 18,289,896 4,571,189
Currency United States Dollar ($) Panamanian Balboa (PAB)
Languages Spanish Spanish
Driving side Right Right
Calling code +593 +507
Time zones 2 1
Emergency number 911 911