Moving to Colombia from Panama

moving to

What to Expect

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

If you moved from Panama to Colombia, you would find that Colombia is 27.1% cheaper than Panama overall. A PAB75,000 salary in Panama would need to be roughly COP152,621,620 in Colombia to maintain the same lifestyle. Expect a noticeable climate shift — Bogota averages 61°F vs 93°F in Panama City, making it significantly cooler.

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How Far Will Your Money Go?

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

What does your salary buy?

PAB75,000 COP152,621,620

To maintain the same standard of living in Colombia

Calculate with your salary →

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

Restaurants

pay 33.1% less

Groceries

pay 40.7% less

Transportation

pay 0.9% more

Housing

pay 47.1% less

Childcare

pay 37.1% less

Entertainment and Sports

pay 45.8% less

See full cost of living breakdown
Exchange rate: 1 PAB = 3223.81 COP (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?

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

Moved in 2021
416 ↑ 26% vs 2020

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

Who's moving to Colombia?

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

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

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

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

PA
11.3
CO
25.4
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

PA
33%
CO
51%

Panama generally does better on safety, though Colombia leads in feel safe walking at night.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

PA
$3,318
CO
$1,758
Doctors per 10,000 people United Nations SDG Indicators, 2021

affects wait times and access to care

PA
17.3
CO
24.5

Colombia generally does better on health & wellbeing, though Panama leads in suicide rate.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

PA
17.0
CO
24.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

PA
2.7t
CO
1.8t

Panama generally does better on environment, though Colombia leads in co₂ emissions per capita.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

PA
15.5
CO
17.0
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

PA
0.9%
CO
4.4%

Panama generally does better on infrastructure, though Colombia leads in broadband per 100 people.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

PA
6.7%
CO
9.6%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

PA
$35,800
CO
$18,800

Panama performs better than Colombia across all employment & economy metrics.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

PA
77.6 yrs
CO
74.9 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

PA
16.4
CO
11.7

Panama generally does better on family life, though Colombia leads in infant mortality.

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

Bogota Rain: 31.5 in/yr (799 mm)
61° / 45°F

Avg. annual high / low

Months Panama City Bogota
Jan–Mar 94°/65°F (34°/18°C) 62°/44°F (17°/7°C)
Apr–Jun 94°/69°F (35°/21°C) 61°/47°F (16°/9°C)
Jul–Sep 92°/70°F (34°/21°C) 60°/45°F (15°/7°C)
Oct–Dec 91°/68°F (33°/20°C) 61°/45°F (16°/7°C)
View all months
Month Panama City Bogota
Jan 92°/65°F (33.4°/18.5°C) 62°/42°F (16.4°/5.6°C)
Feb 94°/65°F (34.2°/18.4°C) 62°/44°F (16.7°/6.5°C)
Mar 95°/65°F (34.8°/18.4°C) 62°/46°F (16.7°/7.6°C)
Apr 96°/67°F (35.4°/19.5°C) 61°/47°F (16.0°/8.6°C)
May 94°/70°F (34.5°/21.1°C) 61°/48°F (16.2°/8.7°C)
Jun 93°/70°F (33.8°/21.3°C) 60°/47°F (15.7°/8.3°C)
Jul 93°/70°F (33.9°/21.0°C) 59°/46°F (14.9°/7.7°C)
Aug 93°/70°F (33.9°/20.9°C) 60°/45°F (15.4°/7.3°C)
Sep 91°/70°F (32.9°/21.0°C) 60°/45°F (15.8°/7.1°C)
Oct 91°/69°F (32.6°/20.8°C) 61°/46°F (15.9°/7.7°C)
Nov 91°/69°F (32.9°/20.3°C) 61°/46°F (16.0°/7.9°C)
Dec 92°/67°F (33.3°/19.2°C) 61°/43°F (16.1°/6.3°C)

Data: IMHPA - Instituto de Meteorología e Hidrología de Panamá IMHPA - Instituto de Meteorología e Hidrología de Panamá, Institute of Hydrology, Meteorology and Environment Studies Institute of Hydrology, Meteorology and Environment Studies

Visitor Visa Requirements

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

Panama passport

Panama passport holder visiting Colombia

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

Colombia passport holder visiting Panama

Visa Free
Colombia 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 Colombia than Panama?

Yes — Colombia is on average about 37% cheaper than Panama. City-level variation can be significant.

How much money do I need to move to Colombia?

Plan for at least 3 months of living expenses — roughly COP38,155,405 in Colombia on a PAB75,000 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).

Can I work remotely from Colombia?

Internet is rarely the blocker — Colombia has 17.0 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 Colombia safe for expats?

Panama generally does better on safety, though Colombia leads in feel safe walking at night. The homicide rate in Colombia is 25.4 per 100,000 people, compared to 11.3 in Panama. About 51% of people in Colombia feel safe walking alone at night.

How is healthcare in Colombia compared to Panama?

Colombia generally does better on health & wellbeing, though Panama leads in suicide rate. There are 24.5 doctors per 10,000 people in Colombia, compared to 17.3 in Panama. Colombia scores 80 on the WHO universal health coverage index (Panama: 78).

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

The average high temperature in Bogota is 61°F, compared to 93°F in Panama City. Bogota receives around 31.5 in of rainfall per year, while Panama City gets 75.1 in.

What language do they speak in Colombia?

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

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At a Glance

PA CO
Population 4,337,768 49,059,221
Currency Panamanian Balboa (PAB) Colombian Peso (COP)
Languages Spanish Spanish
Driving side Right Right
Calling code +507 +57
Time zones 1 1
Emergency number 911 123