Moving to Chile from Panama

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What to Expect

A comprehensive look at what changes when you move from Panama to Chile — from daily expenses to quality of life.

If you moved from Panama to Chile, you would find that Chile is 25.2% cheaper than Panama overall. A PAB75,000 salary in Panama would need to be roughly CLF1,390 in Chile to maintain the same lifestyle. Expect a noticeable climate shift — Santiago averages 73°F vs 93°F in Panama City, making it significantly cooler.

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How Far Will Your Money Go?

How your spending power changes when you relocate from Panama to Chile.

What does your salary buy?

PAB75,000 → CLF1,390

To maintain the same standard of living in Chile

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 9.7% less

Groceries

pay 33.2% less

Transportation

pay 0.6% more

Housing

pay 40.0% less

Childcare

pay 18.8% less

Entertainment and Sports

pay 1.1% less

See full cost of living breakdown
Exchange rate: 1 PAB = 0.0248 CLF (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?

Real numbers on people moving from Panama to Chile, and how the trend has changed.

Moved in 2023
50 ↓ 22% vs 2022

people moved from Panama to Chile · OECD (latest data available)

Who's moving to Chile?

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

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

How Panama and Chile stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate World Bank, 2023

per 100,000 people per year

PA
11.7
CL
6.3
Feel safe walking at night United Nations SDG Indicators, 2021

of residents who feel safe walking alone at night

PA
33%
CL
32%

Panama generally does better on safety, though Chile leads in homicide rate.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

PA
$3,318
CL
$3,612
Doctors per 10,000 people World Bank, 2023

affects wait times and access to care

PA
16.2
CL
33.3

Panama generally does better on health & wellbeing, though Chile leads in doctors per 10,000 people.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

PA
17.0
CL
18.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

PA
2.7t
CL
3.9t

Panama performs better than Chile across all environment metrics.

Will I have good infrastructure?

Broadband per 100 people World Bank, 2024

fixed broadband subscriptions — key for remote work

PA
18.1
CL
23.7
Water stress level World Bank, 2022

higher means greater strain on freshwater supply

PA
0.9%
CL
9.0%

Chile generally does better on infrastructure, though Panama leads in water stress level.

What are the job prospects?

Unemployment rate World Bank, 2025

percentage of the labour force without work

PA
8.4%
CL
9.0%
GDP per capita World Bank, 2025

a broad measure of economic output per person

PA
$19,790
CL
$17,995

Panama generally does better on employment & economy, though Chile leads in poverty rate.

Is it good for families?

Life expectancy World Bank, 2024

average years of life at birth

PA
79.8 yrs
CL
81.4 yrs
Infant mortality World Bank, 2024

deaths per 1,000 live births — lower is better

PA
12.0
CL
5.8

Chile performs significantly better than Panama across all family life metrics.

Sources: World Bank (2021–2025), United Nations SDG Indicators (2016–2021), World Health Organization (2024), General Directorate of Revenues, Panama (2016), Chilean Tax Administration (2016), The World Factbook (2021). How we calculate this

What's the Climate Like?

Monthly averages — select a city to compare.

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

Avg. annual high / low

Santiago Rain: 13.5 in/yr (342 mm)
73° / 48°F

Avg. annual high / low

Months Panama City Santiago
Jan–Mar 94°/65°F (34°/18°C) 84°/55°F (29°/12°C)
Apr–Jun 94°/69°F (35°/21°C) 66°/44°F (19°/7°C)
Jul–Sep 92°/70°F (34°/21°C) 63°/41°F (17°/5°C)
Oct–Dec 91°/68°F (33°/20°C) 79°/51°F (26°/10°C)
View all months
Month Panama City Santiago
Jan 92°/65°F (33.4°/18.5°C) 86°/56°F (30.1°/13.3°C)
Feb 94°/65°F (34.2°/18.4°C) 85°/55°F (29.5°/12.8°C)
Mar 95°/65°F (34.8°/18.4°C) 81°/53°F (27.4°/11.4°C)
Apr 96°/67°F (35.4°/19.5°C) 74°/47°F (23.1°/8.6°C)
May 94°/70°F (34.5°/21.1°C) 65°/44°F (18.5°/6.4°C)
Jun 93°/70°F (33.8°/21.3°C) 60°/41°F (15.7°/5.0°C)
Jul 93°/70°F (33.9°/21.0°C) 60°/39°F (15.3°/3.9°C)
Aug 93°/70°F (33.9°/20.9°C) 63°/41°F (17.1°/5.1°C)
Sep 91°/70°F (32.9°/21.0°C) 67°/44°F (19.4°/6.8°C)
Oct 91°/69°F (32.6°/20.8°C) 73°/47°F (22.9°/8.6°C)
Nov 91°/69°F (32.9°/20.3°C) 79°/51°F (26.1°/10.3°C)
Dec 92°/67°F (33.3°/19.2°C) 84°/54°F (28.8°/12.2°C)

Data: IMHPA - Instituto de Meteorología e Hidrología de Panamá IMHPA - Instituto de Meteorología e Hidrología de Panamá, Dirección Meteorológica de Chile Dirección Meteorológica de Chile

Visitor Visa Requirements

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

Panama passport

Panama passport holder visiting Chile

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

Chile passport holder visiting Panama

Visa Free
Chile passport holders can enter Panama 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 Chile than Panama?

Generally yes: Chile runs about 25% cheaper than Panama on average, though it depends heavily on the city.

How much money do I need to move to Chile?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a PAB75,000 comparable salary, that's around CLF348 in Chile for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Chile?

With 23.7 fixed broadband subscriptions per 100 people, Chile can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Panama and Chile.

Is Chile safe for expats?

Panama generally does better on safety, though Chile leads in homicide rate. The homicide rate in Chile is 6.3 per 100,000 people, compared to 11.7 in Panama. About 32% of people in Chile feel safe walking alone at night.

How is healthcare in Chile compared to Panama?

Panama generally does better on health & wellbeing, though Chile leads in doctors per 10,000 people. There are 33.3 doctors per 10,000 people in Chile, compared to 16.2 in Panama. Chile scores 82 on the WHO universal health coverage index (Panama: 78).

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

The average high temperature in Santiago is 73°F, compared to 93°F in Panama City. Santiago receives around 13.5 in of rainfall per year, while Panama City gets 75.1 in.

What language do they speak in Chile?

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

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At a Glance

PA CL
Population 4,571,189 19,859,921
Currency Panamanian Balboa (PAB) Chilean Unit of Account (UF) (CLF)
Languages Spanish Spanish
Driving side Right Right
Calling code +507 +56
Time zones 1 2
Emergency number 911 131