Moving to Thailand from Panama

moving to

What to Expect

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

If you moved from Panama to Thailand, you would find that Thailand is 31.7% cheaper than Panama overall. A PAB75,000 salary in Panama would need to be roughly THB1,700,000 in Thailand to maintain the same lifestyle, and you’d need to navigate life in Thai. You’ll also switch from driving on the right to the left.

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Is Thailand cheaper than Panama?

The biggest cost differences at a glance

Restaurants

pay 52.5% less

Groceries

pay 31.9% less

Transportation

pay 17.3% more

Housing

pay 51.0% less

Childcare

pay 23.2% more

Entertainment and Sports

pay 15.4% less

See full cost of living breakdown
Exchange rate: 1 PAB = 33.27 THB (October 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.

What salary do you need in Thailand?

What does your salary buy?

PAB75,000 → THB1,700,000

To maintain the same standard of living in Thailand

Calculate with your salary →

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Key Indicator Comparison

How Panama and Thailand stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate World Bank, 2023

per 100,000 people per year

PA
11.7
TH
4.8
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

PA
33%
TH
67%

Thailand generally does better on safety, though Panama leads in road traffic deaths.

How's the healthcare?

Healthcare spending per person World Bank, 2023

annual government + private spending per person

PA
$3,318
TH
$1,067
Doctors per 10,000 people World Bank, 2022

affects wait times and access to care

PA
16.2
TH
5.4

Thailand generally does better on health & wellbeing, though Panama 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
TH
29.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

PA
2.7t
TH
4.0t

Panama performs better than Thailand across all environment metrics.

Will I have good infrastructure?

Broadband per 100 people World Bank, 2024

fixed broadband subscriptions — key for remote work

PA
18.1
TH
14.9
Water stress level World Bank, 2022

higher means greater strain on freshwater supply

PA
0.9%
TH
23.0%

Panama generally does better on infrastructure, though Thailand leads in electricity per capita.

What are the job prospects?

Unemployment rate World Bank, 2025

percentage of the labour force without work

PA
8.4%
TH
0.8%
GDP per capita World Bank, 2025

a broad measure of economic output per person

PA
$19,790
TH
$8,057

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

Is it good for families?

Life expectancy World Bank, 2024

average years of life at birth

PA
79.8 yrs
TH
76.6 yrs
Infant mortality World Bank, 2024

deaths per 1,000 live births — lower is better

PA
12.0
TH
7.7

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

Sources: World Bank (2021–2025), United Nations SDG Indicators (2011–2022), World Health Organization (2024), General Directorate of Revenues, Panama (2016), The Revenue Department, Government of Thailand (2016). How we calculate this

Weather in Thailand vs Panama

Monthly averages — select a city to compare.

Panama City Rain: 75.1 in/yr (1907 mm)
93° / 68°F

Avg. annual high / low

Bangkok Rain: 59.0 in/yr (1498 mm)
91° / 75°F

Avg. annual high / low

Months Panama City Bangkok
Jan–Mar 94°/65°F (34°/18°C) 91°/74°F (33°/23°C)
Apr–Jun 94°/69°F (35°/21°C) 93°/78°F (34°/26°C)
Jul–Sep 92°/70°F (34°/21°C) 90°/77°F (32°/25°C)
Oct–Dec 91°/68°F (33°/20°C) 89°/73°F (32°/23°C)
View all months
Month Panama City Bangkok
Jan 92°/65°F (33.4°/18.5°C) 90°/70°F (32.0°/21.0°C)
Feb 94°/65°F (34.2°/18.4°C) 91°/74°F (32.7°/23.3°C)
Mar 95°/65°F (34.8°/18.4°C) 93°/77°F (33.7°/24.9°C)
Apr 96°/67°F (35.4°/19.5°C) 95°/79°F (34.9°/26.1°C)
May 94°/70°F (34.5°/21.1°C) 93°/78°F (34.0°/25.6°C)
Jun 93°/70°F (33.8°/21.3°C) 92°/78°F (33.1°/25.4°C)
Jul 93°/70°F (33.9°/21.0°C) 91°/77°F (32.7°/25.0°C)
Aug 93°/70°F (33.9°/20.9°C) 90°/77°F (32.5°/24.9°C)
Sep 91°/70°F (32.9°/21.0°C) 90°/76°F (32.3°/24.6°C)
Oct 91°/69°F (32.6°/20.8°C) 90°/76°F (32.0°/24.3°C)
Nov 91°/69°F (32.9°/20.3°C) 89°/74°F (31.6°/23.1°C)
Dec 92°/67°F (33.3°/19.2°C) 88°/69°F (31.3°/20.8°C)

Data: IMHPA - Instituto de Meteorología e Hidrología de Panamá IMHPA - Instituto de Meteorología e Hidrología de Panamá, Thai Meteorological Department Thai Meteorological Department

Can you move from Panama to Thailand?

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

Panama passport

Panama passport holder visiting Thailand

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

Thailand passport holder visiting Panama

Visa Free
Thailand 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 Thailand than Panama?

Generally yes: Thailand runs about 32% cheaper than Panama on average, though it depends heavily on the city.

How much money do I need to move to Thailand?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a PAB75,000 comparable salary, that's around THB425,000 in Thailand for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Thailand?

With 14.9 fixed broadband subscriptions per 100 people, Thailand 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 Thailand.

Is Thailand safe for expats?

Thailand generally does better on safety, though Panama leads in road traffic deaths. The homicide rate in Thailand is 4.8 per 100,000 people, compared to 11.7 in Panama. About 67% of people in Thailand feel safe walking alone at night.

How is healthcare in Thailand compared to Panama?

Thailand generally does better on health & wellbeing, though Panama leads in doctors per 10,000 people. There are 5.4 doctors per 10,000 people in Thailand, compared to 16.2 in Panama. Thailand scores 82 on the WHO universal health coverage index (Panama: 78).

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

The average high temperature in Bangkok is 91°F, compared to 93°F in Panama City. Bangkok receives around 59.0 in of rainfall per year, while Panama City gets 75.1 in.

What language do they speak in Thailand?

The official language in Thailand is Thai. In Panama, the official language is Spanish.

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At a Glance

PA TH
Population 4,571,189 71,619,863
Currency Panamanian Balboa (PAB) Thai Baht (THB)
Languages Spanish Thai
Driving side Right Left
Calling code +507 +66
Time zones 1 1
Emergency number 911 191