Moving to Costa Rica from Panama

moving to

What to Expect

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

If you moved from Panama to Costa Rica, you would find that Costa Rica is 20.0% more expensive than Panama overall. A PAB75,000 salary in Panama would need to be roughly CRC38,865,559 in Costa Rica to maintain the same lifestyle. Expect a noticeable climate shift — San Jose averages 77°F vs 93°F in Panama City, making it significantly cooler.

How Far Will Your Money Go?

What to expect for your wallet after moving from Panama to Costa Rica.

What does your salary buy?

PAB75,000 CRC38,865,559

To maintain the same standard of living in Costa Rica

Calculate with your salary →

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

Restaurants

pay 28.9% more

Groceries

pay 4.5% more

Transportation

pay 51.1% more

Housing

pay 8.5% less

Childcare

pay 21.9% more

Entertainment and Sports

pay 18.7% more

See full cost of living breakdown
Exchange rate:1 PAB = 454.43 CRC(June 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 Costa Rica, based on official data.

Living there in 2020
13,711 ↑ 20% vs 2015

people born in Panama live in Costa Rica · UN DESA

Who's moving to Costa Rica?

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

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

Key indicators for anyone considering a move from Panama to Costa Rica.

Is it safe?

Homicide rateUnited Nations SDG Indicators, 2023

per 100,000 people per year

PA
11.3
CR
17.4
Road traffic deathsUnited Nations SDG Indicators, 2021

per 100,000 people per year

PA
7.3
CR
15.5

Panama performs better than Costa Rica across all safety metrics.

How's the healthcare?

Healthcare spending per personWorld Bank, 2023

annual government + private spending per person

PA
$3,318
CR
$1,928
Doctors per 10,000 peopleUnited Nations SDG Indicators, 2022

affects wait times and access to care

PA
17.3
CR
26.4

Costa Rica generally does better on health & wellbeing, though Panama leads in adult obesity rate.

What about the environment?

Air pollution deathsUnited Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

PA
17.0
CR
15.0
CO₂ emissions per capitaWorld Bank, 2024

tonnes of CO₂ emitted per person per year

PA
2.7t
CR
1.6t

Costa Rica performs significantly better than Panama across all environment metrics.

Will I have good infrastructure?

Broadband per 100 peopleUnited Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

PA
15.5
CR
21.3
Water stress levelUnited Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

PA
0.9%
CR
5.9%

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

What are the job prospects?

Unemployment rateThe World Factbook, 2023

percentage of the labour force without work

PA
6.7%
CR
8.3%
GDP per capitaThe World Factbook, 2023

a broad measure of economic output per person

PA
$35,800
CR
$25,800

Panama generally does better on employment & economy, though Costa Rica leads in top income tax rate.

Is it good for families?

Life expectancyThe World Factbook, 2022

average years of life at birth

PA
77.6 yrs
CR
79.6 yrs
Infant mortalityThe World Factbook, 2022

deaths per 1,000 live births — lower is better

PA
16.4
CR
8.4

Costa Rica 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 CityRain: 75.1 in/yr (1907 mm)
93°/68°F

Avg. annual high / low

San JoseRain: 73.5 in/yr (1866 mm)
77°/61°F

Avg. annual high / low

MonthsPanama CitySan Jose
Jan–Mar94°/65°F (34°/18°C)75°/60°F (24°/16°C)
Apr–Jun94°/69°F (35°/21°C)78°/62°F (26°/17°C)
Jul–Sep92°/70°F (34°/21°C)77°/62°F (25°/16°C)
Oct–Dec91°/68°F (33°/20°C)76°/61°F (24°/16°C)
View all months
MonthPanama CitySan Jose
Jan92°/65°F (33.4°/18.5°C)74°/60°F (23.4°/15.4°C)
Feb94°/65°F (34.2°/18.4°C)75°/60°F (23.9°/15.3°C)
Mar95°/65°F (34.8°/18.4°C)77°/60°F (25.1°/15.8°C)
Apr96°/67°F (35.4°/19.5°C)78°/62°F (25.7°/16.4°C)
May94°/70°F (34.5°/21.1°C)79°/63°F (26.1°/17.0°C)
Jun93°/70°F (33.8°/21.3°C)78°/62°F (25.7°/16.9°C)
Jul93°/70°F (33.9°/21.0°C)77°/61°F (24.9°/16.3°C)
Aug93°/70°F (33.9°/20.9°C)77°/62°F (25.2°/16.7°C)
Sep91°/70°F (32.9°/21.0°C)78°/62°F (25.8°/16.5°C)
Oct91°/69°F (32.6°/20.8°C)78°/62°F (25.4°/16.4°C)
Nov91°/69°F (32.9°/20.3°C)76°/61°F (24.2°/16.3°C)
Dec92°/67°F (33.3°/19.2°C)74°/60°F (23.4°/15.8°C)

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

Visitor Visa Requirements

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

Panama passport

Panama passport holder visiting Costa Rica

Visa Free
Panama passport holders can enter Costa Rica without a visa.
Costa Rica passport

Costa Rica passport holder visiting Panama

Visa Free
Costa Rica 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 Costa Rica than Panama?

No — Costa Rica is on average about 14% more expensive than Panama. City-level variation matters.

How much money do I need to move to Costa Rica?

Plan for at least 3 months of living expenses — roughly CRC9,716,390 in Costa Rica on a PAB75,000 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).

Can I work remotely from Costa Rica?

Internet is rarely the blocker — Costa Rica has 21.3 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 Costa Rica safe for expats?

Panama performs better than Costa Rica across all safety metrics. The homicide rate in Costa Rica is 17.4 per 100,000 people, compared to 11.3 in Panama.

How is healthcare in Costa Rica compared to Panama?

Costa Rica generally does better on health & wellbeing, though Panama leads in adult obesity rate. There are 26.4 doctors per 10,000 people in Costa Rica, compared to 17.3 in Panama. Costa Rica scores 81 on the WHO universal health coverage index (Panama: 78).

What's the weather like in Costa Rica compared to Panama?

The average high temperature in San Jose is 77°F, compared to 93°F in Panama City. San Jose receives around 73.5 in of rainfall per year, while Panama City gets 75.1 in.

What language do they speak in Costa Rica?

Both Panama and Costa Rica share the same official language: Spanish.

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At a Glance

PA CR
Population4,337,7685,204,411
CurrencyPanamanian Balboa (PAB)Costa Rican Colón (CRC)
LanguagesSpanishSpanish
Driving sideRightRight
Calling code+507+506
Time zones11
Emergency number911911