Hato Pintado, Panama City
Living In Hato Pintado, Panama City
Hato Pintado is a picturesque neighborhood located in Panama City, known for its vibrant community and stunning architecture. The area has become increasingly popular among expats and retirees, who are drawn to its affordable cost of living, welcoming locals, and convenient location. For those looking to retire or relocate to Panama City, Hato Pintado offers a unique blend of urban living and tropical charm.
One of the main draws of Hato Pintado is its central location. Situated just a few minutes from the city center, residents can easily access all of the amenities and attractions that Panama City has to offer, including world-class shopping, dining, and entertainment. Additionally, the neighborhood is well-connected to the rest of the city, making it easy to explore other areas of Panama.
Despite its proximity to the city center, Hato Pintado boasts a relaxed and laid-back atmosphere. The streets are lined with colorful buildings and lush greenery, creating a serene and tranquil environment. Residents can enjoy peaceful walks through the neighborhood or spend lazy afternoons lounging in one of the many local parks.
For retirees, Hato Pintado offers a wide range of housing options to suit every budget and lifestyle. From cozy apartments to spacious single-family homes, there is something for everyone in this charming neighborhood. Additionally, the cost of living in Hato Pintado is significantly lower than many other cities in the region, making it an attractive option for those looking to stretch their retirement savings.
Hato Pintado is an excellent choice for anyone looking to live or retire in Panama City. With its central location, welcoming community, and affordable cost of living, it’s easy to see why this neighborhood has become such a popular destination for expats and retirees alike.
Monthly Budgets For Hato Pintado, Panama City
Apartment Or House Ownership Budget (For A Couple)
| Expense | Monthly Costs | Notes |
|---|---|---|
| Mortgage | – | Not included here as too variable. |
| HOA Fees | – | Not included here as too variable. |
| Property Taxes | – | Property taxes are on a sliding scale from 0% to 0.7%. |
| Transportation | US$175 | Fuel and maintenance for a private vehicle plus the occasional cab or public transportation. |
| Gas | US$5 | Monthly gas for cooking. |
| Electricity | US$80 | Using air conditioning at night and sparingly during the day. |
| Water | US$16 | Includes garbage collection. Most new condos include the water bill in the maintenance fee. |
| Cell Phone | US$60 | Basic monthly plans for two people. |
| Internet | US$33 | Minimum for 150 Mbps. |
| Cable TV | US$28 | For a basic package (internet, cable, and landline telephone). Buying internet and cable separately will be more expensive. |
| Household Help | US$280 | For a five-hour day twice a week. Comes out to US$35 per day. |
| Entertainment | US$493 | Eating out twice a week at a mid-range, local restaurant: US$70. Local drinks twice a week at a nearby watering hole: US$50 (About US$2.50 per beer. Cocktails cost US$6 or more). Movie theater trip twice a month: US$13 (US$3.25 per ticket for seniors). Price does not include food. |
| Groceries | US$500 | Shopping at local supermarkets and PriceSmart. |
| Gym Membership | US$50 | Two basic monthly plans. |
| Medical Appointment | US$50 | A consult at a private clinic. |
| TOTAL | US$1,770 | Doesn’t include property taxes, HOA fees, or mortgage payment. |
Apartment Or House Rental Budget (For A Couple)
| Expense | Monthly Costs | Notes |
|---|---|---|
| Rent | US$1,100 | Rents range from US$650 to US$1,500 a month depending on the size of the apartment. |
| Transportation | US$175 | Fuel and maintenance for a private vehicle plus the occasional cab or public transportation |
| Gas | US$5 | Monthly gas for cooking. |
| Electricity | US$80 | Using air conditioning at night and sparingly during the day. |
| Water | – | Typically included in rent. |
| Cell Phone | US$60 | Basic monthly plans for two people. |
| Internet | US$33 | Minimum for 150 Mbps. |
| Cable TV | US$28 | For a basic package (internet, cable, and landline telephone). Buying internet and cable separately will be more expensive. |
| Household Help | US$280 | For a five-hour day twice a week. Comes out to US$35 per day. |
| Entertainment | US$493 | Eating out twice a week at a mid-range, local restaurant: US$70. Local drinks twice a week at a nearby watering hole: US$50 (About US$2.50 per beer. Cocktails cost US$6 or more). Movie theater trip twice a month: US$13 (US$3.25 per ticket for seniors). Price does not include food. |
| Groceries | US$500 | Shopping at local supermarkets and PriceSmart. |
| Gym Membership | US$50 | Two basic monthly plans. |
| Medical Appointment | US$50 | A consult at a private clinic. |
| TOTAL | US$2,854 |
Penny-Pincher’s Budget (Bare Minimum Costs, For A Couple)
| Expense | Monthly Costs | Notes |
|---|---|---|
| Rent | US$650 | Small one-bed, one-bath apartment or house. |
| Transportation | US$75 | Using taxis and public transportation. |
| Gas | US$5 | Monthly gas for cooking. |
| Electricity | US$30 | Using fans, no air conditioning. |
| Water | – | Typically included in rent. |
| Cell Phone | US$60 | Basic monthly plans for two people. |
| Internet | US$28 | Basic monthly package with internet, cable, and landline telephone. |
| Cable TV | – | Bundled with internet. |
| Entertainment | US$248 | Eating out once a week at a mid-range, local restaurant: US$35. Local drinks once a week at a nearby watering hole: US$25 (About US$2.50 per beer. Cocktails cost US$6 or more). Movie theater trip once a month: US$7.50 (US$3.25 per ticket for seniors). Price does not include food. |
| Groceries | US$400 | All local-brand items, shopping at markets and grocery stores. Buying fruits and vegetables at produce stands. |
| TOTAL | US$1,496 |
