Moving to New York from Panama
What to Expect
Considering a move from Panama to New York? Here's how the two compare on cost, climate, safety, and more.
If you moved from Panama to New York, you would find that New York is 2.0 times more expensive than Panama overall. A PAB75,000 salary in Panama would need to be roughly $111,107 in New York to maintain the same lifestyle, and you’d need to navigate life in English. Expect a noticeable climate shift — Albany averages 58°F vs 93°F in Panama City, making it significantly cooler.
Planning this move? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes ↓How Far Will Your Money Go?
A breakdown of how everyday costs differ between Panama and New York.
What does your salary buy?
PAB75,000 → $111,107
To maintain the same standard of living in New York
Calculate with your salary →How key spending categories compare
Restaurants
pay 82.0% more
Groceries
pay 44.7% more
Transportation
pay 83.1% more
Housing
pay 96.3% more
Childcare
pay 3.8 times more
Entertainment and Sports
pay 2.2 times more
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?
What the data shows about people moving from Panama to New York.
people moved from Panama to United States · OECD (latest data available)
Who's moving to United States?
Top countries of origin for United States's foreign-born residents.
- 10,853,105
- 2,723,764
- 2,184,110
- 2,061,178
- 1,829,251
- 1,410,659
- · · ·
-
65.99,764
Panama
Key Indicator Comparison
The numbers behind daily life in New York compared to Panama.
How's the healthcare?
share of adults with obesity
Panama performs better than New York across all health & wellbeing metrics.
Will I have good infrastructure?
share of households with internet
New York performs significantly better than Panama across all infrastructure metrics.
What are the job prospects?
percentage of the labour force without work
a broad measure of economic output per person
share of people below the poverty line
New York performs significantly better than Panama across all employment & economy metrics.
Is it good for families?
average years of life at birth
New York performs significantly better than Panama across all family life metrics.
Data: The World Factbook
What's the Climate Like?
Monthly averages — select a city to compare.
Avg. annual high / low
Avg. annual high / low
| Months | Panama City | Albany |
|---|---|---|
| Jan–Mar | 94°/65°F (34°/18°C) | 37°/19°F (2°/-7°C) |
| Apr–Jun | 94°/69°F (35°/21°C) | 68°/47°F (20°/8°C) |
| Jul–Sep | 92°/70°F (34°/21°C) | 78°/58°F (26°/14°C) |
| Oct–Dec | 91°/68°F (33°/20°C) | 48°/31°F (9°/-1°C) |
View all months
| Month | Panama City | Albany |
|---|---|---|
| Jan | 92°/65°F (33.4°/18.5°C) | 31°/15°F (-0.8°/-9.7°C) |
| Feb | 94°/65°F (34.2°/18.4°C) | 35°/17°F (1.4°/-8.2°C) |
| Mar | 95°/65°F (34.8°/18.4°C) | 44°/26°F (6.9°/-3.5°C) |
| Apr | 96°/67°F (35.4°/19.5°C) | 58°/37°F (14.6°/2.9°C) |
| May | 94°/70°F (34.5°/21.1°C) | 69°/47°F (20.8°/8.4°C) |
| Jun | 93°/70°F (33.8°/21.3°C) | 78°/56°F (25.5°/13.6°C) |
| Jul | 93°/70°F (33.9°/21.0°C) | 82°/61°F (27.9°/16.3°C) |
| Aug | 93°/70°F (33.9°/20.9°C) | 80°/60°F (26.9°/15.5°C) |
| Sep | 91°/70°F (32.9°/21.0°C) | 72°/52°F (22.3°/10.9°C) |
| Oct | 91°/69°F (32.6°/20.8°C) | 60°/40°F (15.4°/4.2°C) |
| Nov | 91°/69°F (32.9°/20.3°C) | 48°/31°F (8.8°/-0.3°C) |
| Dec | 92°/67°F (33.3°/19.2°C) | 36°/21°F (2.1°/-6.0°C) |
Data:
IMHPA - Instituto de Meteorología e Hidrología de Panamá,
National Weather Service
Visitor Visa Requirements
Short-stay tourist visa rules between Panama and United States. To live, work, or study long-term in United States, you'll need a separate residence or work visa — check United States's immigration authority.
Panama passport holder visiting United States
Visa Required
United States passport holder visiting Panama
Visa FreeData: Henley Passport Index. Check with the destination country's embassy for the most current requirements.
Frequently Asked Questions
Is it cheaper to live in New York than Panama?
On average New York is around 48% pricier than Panama, with notable variation by city.
How much money do I need to move to New York?
Budget about $27,777 for 3 months in New York (based on a PAB75,000 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.
Can I work remotely from New York?
From major New York cities the network usually holds up. Visa rules, your employer's stance on overseas employees, and tax residency in Panama and New York are what actually decide it long-term.
How is healthcare in New York compared to Panama?
Panama performs better than New York across all health & wellbeing metrics.
What's the weather like in New York compared to Panama?
The average high temperature in Albany is 58°F, compared to 93°F in Panama City. Albany receives around 39.4 in of rainfall per year, while Panama City gets 75.1 in.
What language do they speak in New York?
The official language in New York is English. In Panama, the official language is Spanish.