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Foreign buyers have long chosen Panama for its top-of-the-line construction, stable government, and its ideal location as the hub of...
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Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.
Expense | Monthly Cost | Notes |
---|---|---|
Mortgage | NA | Not included here as too variable. |
HOA Fees | NA | |
Transportation | 97 | Monthly cost of car ownership (insurance and gasoline). |
Utilities | 107 | Including gas for cooking (22), electricity with air conditioning use (70), and water (15). |
Cell phone | NA | Included in internet fee. |
Internet | 35.40 | Including 24 Mbps, unlimited urban and long distance (landline), 300 mobile phone minutes, and 50+ TV channels (Vodafone Greece). |
Cable TV | NA | Included in internet fee. |
Household help | 80 | Four two-hour maid visits per month; 10 per visit. |
Entertainment | 400.60 | Eating out twice a week at a mid-range, local restaurant: 120. Drinks twice a week a nearby watering hole: 52.60 (beer: 3.50; glass of wine: 5; bottle of wine: 23).Movie theater trip twice a month: 28 (tickets: 7 per person). |
Groceries | 80 to 160 | Between 20 and 40 euros spent per week on groceries for a couple. |
Gym membership | 35 | Cost of one monthly membership. |
Medical appointment | 50 | Cost of one brief exam, paid in cash or with credit or debit. |
TOTAL | 885 to 965 | Monthly expenses for a couple. |
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Expense | Monthly Cost | Notes |
---|---|---|
Rent | 400 | Unfurnished, two-bedroom, comfortable apartment in a desirable part of town. |
Expense | Monthly Cost | Notes |
---|---|---|
Rent | 300 | Cheapest part of town; basic one-bedroom rental. |
Transportation | 97 | Monthly cost of car ownership (insurance and gasoline). |
Utilities | 107 | Including gas for cooking (22), electricity with air conditioning use (70), and water (15). |
Cell phone | NA | Included in internet fee. |
Internet | 35.40 | Including 24 Mbps, unlimited urban and long distance (landline), 300 mobile phone minutes, and 50+ TV channels (Vodafone Greece). |
Entertainment | 200.60 | Eating out twice a week at a mid-range, local restaurant: 120. Drinks twice a week a nearby watering hole: 52.60 (beer: 3.50; glass of wine: 5; bottle of wine: 23).Movie theater trip twice a month: 28 (tickets: 7 per person). |
Groceries | 60 to 120 | Between 15 and 30 euros spent per week on groceries for a couple. |
TOTAL | 800 to 860 | Monthly expenses for a couple. |
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Read moreLearn more about GREECE and other countries in our free, daily Overseas Opportunity Letter. Simply enter your email address below and we’ll send you our FREE REPORT - The 10 Best Places To Retire In
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