Moving to Panama from United States

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What to Expect

Considering a move from United States to Panama? Here's how the two compare on cost, climate, safety, and more.

If you moved from United States to Panama, you would find that Panama is 40.5% cheaper than United States overall. A $75,000 salary in United States would need to be roughly PAB44,600 in Panama to maintain the same lifestyle, and you’d need to navigate life in Spanish. Expect a noticeable climate shift — Panama City averages 93°F vs 66°F in Washington, making it significantly warmer.

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How Far Will Your Money Go?

A breakdown of how everyday costs differ between United States and Panama.

What does your salary buy?

$75,000 → PAB44,600

To maintain the same standard of living in Panama

Calculate with your salary →

How key spending categories compare

Restaurants

pay 44.8% less

Groceries

pay 18.5% less

Transportation

pay 29.8% less

Housing

pay 51.5% less

Childcare

pay 66.7% less

Entertainment and Sports

pay 41.9% less

See full cost of living breakdown
Exchange rate: 1 USD = 1.0 PAB (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.

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Who Else Is Making This Move?

What the data shows about people moving from United States to Panama.

Living there in 2020
16,867 ↑ 20% vs 2015

people born in United States live in Panama · UN DESA

Who's moving to Panama?

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

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

The numbers behind daily life in Panama compared to United States.

Is it safe?

Homicide rate World Bank, 2023

per 100,000 people per year

US
5.8
PA
11.7
Feel safe walking at night United Nations SDG Indicators, 2021

of residents who feel safe walking alone at night

US
63%
PA
33%

United States 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

US
$13,473
PA
$3,318
Doctors per 10,000 people World Bank, 2022

affects wait times and access to care

US
36.8
PA
16.2

Panama generally does better on health & wellbeing, though United States 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

US
14.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

US
13.6t
PA
2.7t

United States generally does better on environment, though Panama leads in co₂ emissions per capita.

Will I have good infrastructure?

Broadband per 100 people World Bank, 2024

fixed broadband subscriptions — key for remote work

US
38.9
PA
18.1
Water stress level World Bank, 2022

higher means greater strain on freshwater supply

US
28.2%
PA
0.9%

United States generally does better on infrastructure, though Panama leads in water stress level.

What are the job prospects?

Unemployment rate World Bank, 2025

percentage of the labour force without work

US
4.2%
PA
8.4%
GDP per capita World Bank, 2025

a broad measure of economic output per person

US
$90,027
PA
$19,790

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

Is it good for families?

Life expectancy World Bank, 2024

average years of life at birth

US
78.9 yrs
PA
79.8 yrs
Infant mortality World Bank, 2024

deaths per 1,000 live births — lower is better

US
5.5
PA
12.0

United States generally does better on family life, though Panama leads in life expectancy.

Sources: World Bank (2021–2025), United Nations SDG Indicators (2016–2021), World Health Organization (2024), Internal Revenue Service (2016), General Directorate of Revenues, Panama (2016), The World Factbook (2010). How we calculate this

What's the Climate Like?

Monthly averages — select a city to compare.

Washington Rain: 41.5 in/yr (1055 mm)
66° / 44°F

Avg. annual high / low

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

Avg. annual high / low

Months Washington Panama City
Jan–Mar 48°/28°F (9°/-2°C) 94°/65°F (34°/18°C)
Apr–Jun 75°/51°F (24°/11°C) 94°/69°F (35°/21°C)
Jul–Sep 85°/62°F (29°/17°C) 92°/70°F (34°/21°C)
Oct–Dec 57°/35°F (14°/2°C) 91°/68°F (33°/20°C)
View all months
Month Washington Panama City
Jan 42°/24°F (5.8°/-4.5°C) 92°/65°F (33.4°/18.5°C)
Feb 46°/26°F (8.0°/-3.3°C) 94°/65°F (34.2°/18.4°C)
Mar 56°/33°F (13.1°/0.5°C) 95°/65°F (34.8°/18.4°C)
Apr 67°/42°F (19.3°/5.6°C) 96°/67°F (35.4°/19.5°C)
May 75°/51°F (23.9°/10.7°C) 94°/70°F (34.5°/21.1°C)
Jun 84°/61°F (28.8°/16.1°C) 93°/70°F (33.8°/21.3°C)
Jul 88°/65°F (31.1°/18.6°C) 93°/70°F (33.9°/21.0°C)
Aug 87°/64°F (30.3°/17.9°C) 93°/70°F (33.9°/20.9°C)
Sep 79°/56°F (26.3°/13.5°C) 91°/70°F (32.9°/21.0°C)
Oct 68°/44°F (20.1°/6.6°C) 91°/69°F (32.6°/20.8°C)
Nov 58°/35°F (14.2°/1.8°C) 91°/69°F (32.9°/20.3°C)
Dec 46°/27°F (7.8°/-2.7°C) 92°/67°F (33.3°/19.2°C)

Data: National Weather Service National Weather Service, IMHPA - Instituto de Meteorología e Hidrología de Panamá IMHPA - Instituto de Meteorología e Hidrología de Panamá

Visitor Visa Requirements

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

United States passport

United States passport holder visiting Panama

Visa Free
United States passport holders can enter Panama without a visa.
Panama passport

Panama passport holder visiting United States

Visa Required
Panama passport holders need a visa to enter United States.

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 Panama than United States?

On average Panama is about 40% less expensive than United States, with major cities narrowing the gap.

How much money do I need to move to Panama?

Budget about PAB11,150 for 3 months in Panama (based on a $75,000 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Panama?

Connectivity is usually fine (Panama: 18.1 fixed broadband per 100). What actually decides it is legal: does Panama offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?

Is Panama safe for expats?

United States generally does better on safety, though Panama leads in road traffic deaths. The homicide rate in Panama is 11.7 per 100,000 people, compared to 5.8 in United States. About 33% of people in Panama feel safe walking alone at night.

How is healthcare in Panama compared to United States?

Panama generally does better on health & wellbeing, though United States leads in doctors per 10,000 people. There are 16.2 doctors per 10,000 people in Panama, compared to 36.8 in United States. Panama scores 78 on the WHO universal health coverage index (United States: 86).

What's the weather like in Panama compared to United States?

The average high temperature in Panama City is 93°F, compared to 66°F in Washington. Panama City receives around 75.1 in of rainfall per year, while Washington gets 41.5 in.

What language do they speak in Panama?

The official language in Panama is Spanish. In United States, the official language is English.

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At a Glance

US PA
Population 341,784,857 4,571,189
Currency United States Dollar ($) Panamanian Balboa (PAB)
Languages English Spanish
Driving side Right Right
Calling code +1 +507
Time zones 11 1
Emergency number 911 911