Cost of living in Puerto Escondido
Puerto Escondido, located in Panama, offers a unique blend of cultural richness and natural beauty. Understanding the cost of living in this city is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of the expenses you can expect, from housing to daily necessities, helping you budget effectively for life in Puerto Escondido.
Cost of Living Summary
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $358.04. Specific price ranges are not provided, but this average gives a general idea of the cost.
Cost of Living Rankings
The cost of living indices for Panama are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Panama, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Rent Per Month
Rent Per Month
"Key Takeaways"
Puerto Escondido offers affordable housing options, particularly in the city centre, with an average rent of $358.04 for a 1-bedroom apartment.
While detailed data on other living expenses is not available, the low average rent suggests a potentially lower overall cost of living compared to larger urban areas.
Conclusion
Puerto Escondido presents an attractive option for those seeking affordable living in Panama. The average rent for a city centre apartment is notably low, which could indicate a generally lower cost of living.
Prospective residents should consider this affordability when planning their move, while also researching other living costs to ensure a comprehensive understanding of their potential expenses.