The Four Most Affordable Neighborhoods In Panama City (That You’ve Probably Never Heard Of)
March 28, 2012, Panama City, Panama: These four neighborhoods along Via Tocumen offer the best options and the best value for comfortable, affordable living near Panama City.
Dear Live and Invest Overseas Reader,
"Living in Panama City isn't cheap, not if you're talking about the city center," writes Panama Letter Editor Chris Powers. "Living in popular areas like El Cangrejo, San Francisco, and Costa del Este requires an average budget of no less than US$2,700 per month. And, realistically, you're likely to spend more than that to enjoy a comfortable lifestyle including dining out frequently and filling your pantry with the imported foods you miss from the United States.
"In recent issues of the Panama Letter, I've reported on affordable areas outside the city, but maybe you don't want to live out in the interior of this country. If being near the city is what you desire, but you don't want to pay the price of hanging your hat in Casco Viejo or Punta Pacifica, you must be asking yourself, 'Where do the middle-income locals live?'