More News - Cost of Living in Panama
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I don’t feel we live extravagantly no do
we have hired help – and this is
factored on a debt free budget – if you
need a mortgage or have to pay rent or
pay car payments you would need to
factor that in as well
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Our cost in Panama City |
Cost in Panama rural |
Cost of living USA - Texas ** |
Cost in USA/Can * |
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Electrical Avg |
170 per mos |
32 per month |
150 per month |
152 per mos |
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Water Avg |
15 per mos |
4
per month |
55 per month |
100 per mos |
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Food Avg |
400 per mos |
150 per month per person |
200 per person |
500 per mos |
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Condo Maintenance |
160 per mos |
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150 per mos |
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Health Care (both) |
200 per mos |
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550 per mos |
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Auto Insurance |
1100 per yr |
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50 per month |
665 per year |
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Home Insurance |
340 per yr |
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1300 per year |
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Cable TV |
80 per mos |
50 per month cable includes
internet |
150 includes phone and internet |
58 per mos |
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Internet (Panetma) |
80 per mos |
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100 per mos |
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Telephone (local as we use Voip
for LD |
30 per mos |
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30 per mos |
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Personal Diesel |
100 per mos |
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160 per mos |
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Car Repairs & Gen Maintenance |
5-700 per yr |
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300 per month |
1200 per year |
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Trash pickup |
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employee -cleaning 2 days per
week |
120 per mos |
120 part time |
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property taxes |
300 per yr |
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200 per month |
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porpane |
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30 per month |
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Total to this point |
about 1600 per month |
516 per month 2 people |
1335 per month |
about 3100 per month |
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in addition to all these fixed costs you
need to factor in the following “over
and above” costs
add clothes, dining out, movies, books,
other “sin” items like alcohol or
cig/cigars
add travel – in country and out
add prescriptions or other medications
add vitamins or supplements
add co-pay medical bills
Read a
few full example from Yahoo Forum -
Living in Central America
* one example from our friends Missy and
Jim in Chicago -thanks
** thanks to Dave now in Panama was in
Texas
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