Moving to Israel from Panama

moving to

What to Expect

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

If you moved from Panama to Israel, you would find that Israel is 81.6% more expensive than Panama overall. A PAB75,000 salary in Panama would need to be roughly ₪362,575 in Israel to maintain the same lifestyle, and you’d need to navigate life in Arabic and Hebrew. Expect a noticeable climate shift — Jerusalem averages 72°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 Israel.

What does your salary buy?

PAB75,000 ₪362,575

To maintain the same standard of living in Israel

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 2.2 times more

Groceries

pay 12.5% more

Transportation

pay 85.5% more

Housing

pay 47.0% more

Childcare

pay 2.1 times more

Entertainment and Sports

pay 2.3 times more

See full cost of living breakdown
Exchange rate: 1 PAB = 3.04 ILS (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 Israel, and how the trend has changed.

Moved in 2023
19 ↓ 30% vs 2022

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

Who's moving to Israel?

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

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

How Panama and Israel 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
IL
1.6
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

PA
33%
IL
80%

Israel performs significantly better than Panama across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2023

annual government + private spending per person

PA
$3,318
IL
$4,033
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

PA
17.3
IL
37.1

Panama generally does better on health & wellbeing, though Israel 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
IL
15.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

PA
2.7t
IL
5.8t

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

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

PA
15.5
IL
29.4
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

PA
0.9%
IL
132.0%

Israel 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%
IL
3.4%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

PA
$35,800
IL
$48,300

Panama generally does better on employment & economy, though Israel leads in unemployment rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

PA
77.6 yrs
IL
83.3 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

PA
16.4
IL
3.6

Israel 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

Jerusalem Rain: 21.1 in/yr (537 mm)
72° / 57°F

Avg. annual high / low

Months Panama City Jerusalem
Jan–Mar 94°/65°F (34°/18°C) 58°/46°F (15°/8°C)
Apr–Jun 94°/69°F (35°/21°C) 78°/60°F (25°/15°C)
Jul–Sep 92°/70°F (34°/21°C) 85°/67°F (29°/20°C)
Oct–Dec 91°/68°F (33°/20°C) 68°/55°F (20°/13°C)
View all months
Month Panama City Jerusalem
Jan 92°/65°F (33.4°/18.5°C) 55°/44°F (12.8°/6.9°C)
Feb 94°/65°F (34.2°/18.4°C) 57°/45°F (13.8°/7.1°C)
Mar 95°/65°F (34.8°/18.4°C) 63°/49°F (17.0°/9.2°C)
Apr 96°/67°F (35.4°/19.5°C) 71°/54°F (21.5°/12.1°C)
May 94°/70°F (34.5°/21.1°C) 79°/61°F (25.9°/16.0°C)
Jun 93°/70°F (33.8°/21.3°C) 83°/65°F (28.4°/18.2°C)
Jul 93°/70°F (33.9°/21.0°C) 86°/68°F (30.0°/20.2°C)
Aug 93°/70°F (33.9°/20.9°C) 86°/68°F (29.9°/20.0°C)
Sep 91°/70°F (32.9°/21.0°C) 83°/66°F (28.4°/18.7°C)
Oct 91°/69°F (32.6°/20.8°C) 78°/62°F (25.3°/16.8°C)
Nov 91°/69°F (32.9°/20.3°C) 68°/55°F (19.9°/12.8°C)
Dec 92°/67°F (33.3°/19.2°C) 59°/48°F (15.2°/9.0°C)

Data: IMHPA - Instituto de Meteorología e Hidrología de Panamá IMHPA - Instituto de Meteorología e Hidrología de Panamá, Israel Meteorological Service Israel Meteorological Service

Visitor Visa Requirements

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

Panama passport

Panama passport holder visiting Israel

Electronic Travel Authorisation
Panama passport holders need an electronic travel authorisation (ETA) to enter Israel.
Israel passport

Israel passport holder visiting Panama

Visa Free
Israel 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 Israel than Panama?

Day-to-day costs in Israel run about 59% higher than Panama on average; specific cities can swing further.

How much money do I need to move to Israel?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a PAB75,000 comparable salary, that's around ₪90,644 in Israel for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Israel?

With 29.4 fixed broadband subscriptions per 100 people, Israel 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 Israel.

Is Israel safe for expats?

Israel performs significantly better than Panama across all safety metrics. The homicide rate in Israel is 1.6 per 100,000 people, compared to 11.3 in Panama. About 80% of people in Israel feel safe walking alone at night.

How is healthcare in Israel compared to Panama?

Panama generally does better on health & wellbeing, though Israel leads in doctors per 10,000 people. There are 37.1 doctors per 10,000 people in Israel, compared to 17.3 in Panama. Israel scores 85 on the WHO universal health coverage index (Panama: 78).

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

The average high temperature in Jerusalem is 72°F, compared to 93°F in Panama City. Jerusalem receives around 21.1 in of rainfall per year, while Panama City gets 75.1 in.

What language do they speak in Israel?

The official languages in Israel are Arabic and Hebrew. In Panama, the official language is Spanish.

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At a Glance

PA IL
Population 4,337,768 8,914,885
Currency Panamanian Balboa (PAB) Israeli New Sheqel (₪)
Languages Spanish Arabic, Hebrew
Driving side Right Right
Calling code +507 +972
Time zones 1 1
Emergency number 911 100