Moving to Puerto Rico from Panama
What to Expect
Considering a move from Panama to Puerto Rico? Here's how the two compare on cost, climate, safety, and more.
If you moved from Panama to Puerto Rico, you would find that Puerto Rico is 26.7% more expensive than Panama overall. A PAB75,000 salary in Panama would need to be roughly $89,919 in Puerto Rico to maintain the same lifestyle.
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A breakdown of how everyday costs differ between Panama and Puerto Rico.
What does your salary buy?
PAB75,000 → $89,919
To maintain the same standard of living in Puerto Rico
Calculate with your salary →How key spending categories compare
Restaurants
pay 34.0% more
Groceries
pay 32.2% more
Transportation
pay 9.1% more
Housing
pay 49.3% more
Childcare
pay 14.2% more
Entertainment and Sports
pay 35.6% 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 Puerto Rico.
Who's moving to Puerto Rico?
Top countries of origin for Puerto Rico's foreign-born residents.
- 159,515
- 46,905
- 12,637
- 4,039
- 2,604
- 2,094
- · · ·
-
12.589
Panama
Key Indicator Comparison
The numbers behind daily life in Puerto Rico compared to Panama.
Is it safe?
per 100,000 people per year
per 100,000 people per year
Panama performs better than Puerto Rico across all safety metrics.
What about the environment?
tonnes of CO₂ emitted per person per year
Panama performs better than Puerto Rico across all environment metrics.
Will I have good infrastructure?
fixed broadband subscriptions — key for remote work
higher means greater strain on freshwater supply
share of households with internet
Puerto Rico generally does better on infrastructure, though Panama leads in water stress level.
What are the job prospects?
percentage of the labour force without work
a broad measure of economic output per person
the highest marginal rate on personal income
Puerto Rico generally does better on employment & economy, though Panama leads in top income tax rate.
Is it good for families?
average years of life at birth
deaths per 1,000 live births — lower is better
government spending on education as % of GDP
percentage of adults who can read and write
Panama generally does better on family life, though Puerto Rico leads in life expectancy.
Data: General Directorate of Revenues, Panama, The World Factbook, United Nations SDG Indicators, World Bank
Visitor Visa Requirements
Short-stay tourist visa rules between Panama and Puerto Rico. To live, work, or study long-term in Puerto Rico, you'll need a separate residence or work visa — check Puerto Rico's immigration authority.
Panama passport holder visiting Puerto Rico
Visa RequiredData: Henley Passport Index. Check with the destination country's embassy for the most current requirements.
Frequently Asked Questions
Is it cheaper to live in Puerto Rico than Panama?
On average Puerto Rico is around 20% pricier than Panama, with notable variation by city.
How much money do I need to move to Puerto Rico?
Budget about $22,480 for 3 months in Puerto Rico (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 Puerto Rico?
Connectivity is usually fine (Puerto Rico: 21.0 fixed broadband per 100). What actually decides it is legal: does Puerto Rico offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?
Is Puerto Rico safe for expats?
Panama performs better than Puerto Rico across all safety metrics. The homicide rate in Puerto Rico is 14.2 per 100,000 people, compared to 11.3 in Panama.
What language do they speak in Puerto Rico?
The official languages in Puerto Rico are English and Spanish. In Panama, the official language is Spanish.
