Casco Viejo, Panama
Life In Panama City's Old Town
Panama uses the U.S. dollar.
The Cost Of Living In Casco Viejo, Panama City, Panama
Panama uses the U.S. dollar.
Apartment Or House Ownership Budget (For A Couple)
| Expense | Monthly Costs | Notes |
|---|---|---|
| Mortgage | – | Not included here as too variable. |
| HOA Fees | US$0.80 to US$3 per square meter. | Highly variable. |
| Property Taxes | 1.75% to 2.1% | |
| Transportation | US$102.80 | Highly variable: Two gas refills a month: US$52.80 ($2.20 per gallon) Insurance: $50 per month. |
| Gas (domestic) | US$200 | All utilities combined: gas, electricity (with air conditioning), and water. |
| Electricity | – | Included in gas price. |
| Water | – | Included in gas price. |
| Cell Phone | US$35 | Including 500 minutes, unlimited data, and flexible contract with Cable & Wireless. |
| Internet | US$60 | Including Wi-Fi, HD TV (173 channels), and landline with 200 minutes with Cable & Wireless. |
| Cable TV | – | Included in internet price. |
| Household Help | US$90 | Three 3-hour cleaner visits a week. |
| Entertainment | US$538 | Eating out twice a week: US$392. Drinks twice a week: US$128. Movie theatre trip twice a month: US$18 (US$4.50 per ticket). |
| Groceries | US$260 | Basic items for a couple, with shopping trips four times a month. |
| Gym Membership | US$75 | |
| Medical Appointment | US$30 | |
| TOTAL | US$1,605.80 | HOA fees charged at US$2.15 a month for a 100-square-meter property. Property taxes not included. |
Apartment Or House Rental Budget (For A Couple) In Casco Viejo, Panama
| Expense | Monthly Costs | Notes |
|---|---|---|
| Rent | US$1,800 | Two-bedroom apartment in neighborhood center. |
| Transportation | US$102.80 | Highly variable: Two gas refills a month: US$52.80 ($2.20 per gallon) Insurance: $50 per month. |
| Gas | US$200 | All utilities combined: gas, electricity (with air conditioning), and water. |
| Electricity | – | Included in gas price. |
| Water | – | Included in gas price. |
| Cell Phone | US$35 | Including 500 minutes, unlimited data, and flexible contract with Cable & Wireless. |
| Internet | US$65 | Including Wi-Fi, HD TV (173 channels), and landline with 200 minutes with Cable & Wireless. |
| Cable TV | – | Included in internet price. |
| Household Help | US$90 | Three 3-hour cleaner visits a week. |
| Entertainment | US$538 | Eating out twice a week: US$392. Drinks twice a week: US$128. Movie theatre trip twice a month: US$18 (US$4.50 per ticket). |
| Groceries | US$260 | Basic items for a couple, with shopping trips four times a month. |
| Gym Membership | US$75 | |
| Medical Appointment | US$30 | |
| Total | US$3,190.80 |
Penny-Pincher’s Budget For Casco Viejo (Bare Minimum Costs, For A Couple)
| Expense | Monthly Costs | Notes |
|---|---|---|
| Rent | US$1,200 | One-bedroom apartment, fringe of neighborhood. |
| Transportation | US$75 | Using the metro, bus, and occasional taxis. |
| Gas | US$150 | Includes all utilities: electricity (not using air conditioning often), gas, and water. |
| Electricity | – | Included in gas price. |
| Water | – | Included in gas price. |
| Cell Phone | US$15 | Pay as you go. |
| Internet | – | |
| Cable TV | – | |
| Entertainment | US$178 | Eating out twice a week at inexpensive restaurants (US$120), drinks twice a week (US$40, domestic beer only), movie theatre trip once a month (US$18, US$4.50 per ticket). |
| Groceries | US$120 | Basic items for a couple, with shopping trips at discount stores twice a month. |
| TOTAL | US$1,738 |
