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Limones, Panama

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Limones, Panama

The Cost Of Living In Limones, Panama

Apartment Or House Ownership Budget (For A Couple)

ExpenseMonthly CostsNotes
Mortgage100% is usually paid at the time of sale
HOA FeesNo planned communities in the area.
Property TaxesNot included here as too variable. Property taxes are on a sliding scale from 0% to 0.7%.
TransportationUS$150Monthly gas and maintenance for a private vehicle.
GasUS$6A tank of cooking gas generally lasts longer than a month.
ElectricityUS$150Using air conditioning at night. Many homes in the area also run on generators or solar panels.
WaterMost homes have wells.
Cell PhoneUS$40Two phone plans with unlimited LTE data.
InternetUS$741,000 Mbps and 2 Cable boxes.
Fiber optic internet is being installed in the area.
Cable TVBundled with internet.
Household HelpUS$120Two cleaning visits per week. Comes out to US$15 per day.
EntertainmentUS$208Eating out twice a week at a mid-range, local restaurant: US$40 (US$10 per person, per meal).
Local drinks twice a week at a nearby watering hole: US$12 (a domestic beer costs US$1).
GroceriesUS$400Depends on how many imported goods you buy.
Gym MembershipNo gyms in the area.
Medical AppointmentUS$5Consultation at a private clinic.
TOTALUS$1,153

Apartment Or House Rental Budget (For A Couple)

ExpenseMonthly CostsNotes
RentUS$500Rental properties are limited.
TransportationUS$150Monthly gas and maintenance for a private vehicle.
GasUS$6A tank of cooking gas generally lasts longer than a month.
ElectricityUS$150Using air conditioning at night. Many homes in the area also run on generators or solar panels.
WaterMost homes have wells.
Cell PhoneUS$40Two phone plans with unlimited LTE data.
InternetUS$741,000 Mbps and 2 Cable boxes.
Fiber optic internet is being installed in the area.
Cable TVBundled with internet.
Household HelpUS$120Two cleaning visits per week. Comes out to US$15 per day.
EntertainmentUS$208Eating out twice a week at a mid-range, local restaurant: US$40 (US$10 per person, per meal).
Local drinks twice a week at a nearby watering hole: US$12 (a domestic beer costs US$1).
GroceriesUS$400Depends on how many imported goods you buy.
Gym MembershipNo gyms in the area.
Medical AppointmentUS$5For a consult at a private clinic.
TOTALUS$1,653

Penny-Pincher’s Budget (Bare Minimum Costs, For A Couple)

ExpenseMonthly CostsNotes
RentUS$200Cheaper options are available but probably won’t be furnished.
TransportationUS$15Travel by bus and taxi. Buses are available throughout the area; taxis can be found in some places.
GasUS$6A tank of cooking gas generally lasts longer than a month.
ElectricityUS$20No air conditioning.
WaterMost homes have wells.
Cell PhoneUS$5Buying calling cards as necessary. US$1=1 day of data.
InternetUS30Basic fiber optic internet.
Cable TVUS$20Basic plan.
EntertainmentUS$104Eating out once a week at a mid-range, local restaurant: US$20 (US$10 per person, per meal).
Local drinks once a week at a nearby watering hole: US$6 (a domestic beer costs US$1).
GroceriesUS$300All local-brand items only, shopping at open-air markets and grocery stores.
TOTALUS$700

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