Moving to Chile from Panama

moving to

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 13.7% cheaper than Panama overall. A PAB75,000 salary in Panama would need to be roughly CLF1,302 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 CLF1,302

To maintain the same standard of living in Chile

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 2.7% less

Groceries

pay 23.2% less

Transportation

pay 3.0% more

Housing

pay 35.1% less

Childcare

pay 26.2% less

Entertainment and Sports

pay 3.7% more

See full cost of living breakdown
Exchange rate: 1 PAB = 0.0237 CLF (July 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 United Nations SDG Indicators, 2022

per 100,000 people per year

PA
11.3
CL
6.7
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 United Nations SDG Indicators, 2022

affects wait times and access to care

PA
17.3
CL
31.7

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 United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

PA
15.5
CL
22.7
Water stress level United Nations SDG Indicators, 2021

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 The World Factbook, 2023

percentage of the labour force without work

PA
6.7%
CL
9.0%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

PA
$35,800
CL
$29,500

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

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

PA
77.6 yrs
CL
79.8 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

PA
16.4
CL
6.5

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

Data: General Directorate of Revenues, Panama, The World Factbook, United Nations SDG Indicators, World Bank

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 27% 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 CLF326 in Chile for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Chile?

With 22.7 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 6.7 per 100,000 people, compared to 11.3 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 31.7 doctors per 10,000 people in Chile, compared to 17.3 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 4,337,768 18,430,408
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