Panama

Life quality score

City ranking

Housing

6
181/265
Details
Large apartment$1600.00
Medium apartment$1300.00
Rent index [score]0.61
Small apartment$980.00

Cost of Living

6
99/250
Details
5km taxi ride$7.60
A Cappuccino$3.00
A beer$1.80
A kilogram of Apples$4.20
Bread$1.40
Inflation [score]0.60
Lunch$10.00
Monthly fitness club membership$68.00
Monthly public transport$24.00
Movie ticket$6.50
Price of a meal at a restaurant$56.12

Startups

3
184/260
Details
Average monthly increase in number of startups3
Average monthly increase in number of startups [score]0.24
Coworking spaces [score]0.31
Coworking spaces on WorkFrom.co6
Meetups [score]0.15
Meetups groups20
Meetups members2641
Number of investors5
Number of startup events in the last 12 months35
Number of upcoming meetup events4
Startup climate scene [score]0.35
Startup events6
Startup events [score]0.28
Startups [score]0.44
Total number of startups28

Venture Capital

N/A
Details

Travel Connectivity

2
175/265
Details
Airport hub82
Airport hub [score]0.40

Commute

5
155/252
Details
Traffic handling [score]0.62

Business Freedom

6
185/263
Details
Business freedom74.40
Business freedom [score]0.65
Freedom from corruption37.00
Freedom from corruption [score]0.27
Lack of labor restrictions42.90
Lack of labor restrictions [score]0.15
Time to open a business6.00
Time to open a business [score]0.95

Safety

7
146/265
Details
Crime rate [score]0.52
Gun-related deaths per 100,000 residents per year15
Guns per 100 residents22
Lack of gun related deaths [score]0.59
Lack of guns [score]0.90
Lack of guns and gun-related deaths [score]0.74

Healthcare

7
160/264
Details
Healthcare expenditure [score]0.72
Healthcare quality [score]0.56
Life expectancy (years)77.82
Life expectancy [score]0.67

Education

N/A
Details

Environmental Quality

5
189/265
Details
Air quality [score]0.52
Cleanliness [score]0.27
Drinking water quality [score]0.63
Urban greenery [score]0.42

Economy

6
90/262
Details
Currency exchange rate per US dollar for urban area1.00
Currency for urban areaPAB
GDP growth rate0.06
GDP growth rate [score]0.89
GDP per capita$19455.42
GDP per capita [score]0.32

Taxation

7
34/265
Details
Effective company profit tax rate on payouts as dividends [score]0.66
Income tax level [score]0.73
Profit tax (% of profit)0.37
Time overhead to file company taxes417
VAT (Sales Tax)0.07

Internet Access

2
247/265
Details
Download speed (Mbps)14.06
Internet access (download) [score]0.35
Internet access (upload) [score]0.10
Upload speed (Mbps)2.13

Leisure & Culture

6
141/264
Details
Art galleries68
Art galleries [score]0.51
Cinemas42
Cinemas [score]0.58
Comedy clubs9
Comedy clubs [score]0.69
Concert venues96
Concerts [score]0.45
Historical sites40
Historical sites [score]0.72
Museums19
Museums [score]0.39
Performing art venues85
Performing arts [score]0.54
Sport venues38
Sports [score]0.55
Zoos4
Zoos [score]0.38

Tolerance

6
187/265
Details
LGBT Equality Index49.68
LGBT Equality Index [score]0.49
LGBT adoption rights✖ Illegal
LGBT age of consent✔ Equal
LGBT blood donation regulations✔ Legal
LGBT conversion therapy regulations✖ Not banned
LGBT discrimination legality✖ No protections
LGBT employment discrimination legality✖ No protections
LGBT gender changing rights✔ Legal, but requires surgery
LGBT homosexuality rights✔ Legal
LGBT housing discrimination legality✖ No protections
LGBT marriage rights✖ Unrecognized
Tolerance towards minorities [score]0.74

Outdoors

5
144/265
Details
Elevation (hills or mountains) [score]0.36
Median peak in meters1007.00
Presence of hills in city1.00
Presence of mountains in city1.00
Seaside access1.00
Urban area elevation (meters)17.00
Water access [score]0.55
Sign up to get a free city match score based on your personal preferences
Sign up for a free Teleport account to personalize city data.
Budget your housing and living costs, salaries and jobs.
Get started

Costs of living

Costs of living in Panamá are in the 99th place of all 250 Teleport cities. Sign up for free to get access to our cost of living index and use our international  cost of living calculator to do cost comparison by city.

Housing costs (USD)

$1,200$1,900
$1600
Median rent for
apartments in city center

Daily living costs (USD)

Monthly fitness club membership$68
Movie ticket$7
Broadband internet connection$40
Monthly public transport$24
Lunch$10
-36%
compared to
San Francisco
See more prices and detailed cost of living data in Panama

Job salary calculator

Software Engineer salaries in Panama are low. For this job type, Panama ranks 237th for salaries among 265 cities. Get access to our salary comparison calculator by signing up. Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Panama.

Estimated annual salary (in USD)

$19,052
Median salary
See more details and salary rankings for all job types in Panama

Locals review Panama

Do locals recommend living in Panama?

What could Panama do better?#improvePanama

How could Panama improve to make it a more liveable city? We will make sure that the local government will know about the suggestions that reach enough votes*.
*Suggestions will be delivered to: Mayor of Panama - José Isabel Blandón Figueroa
You can be the first! 😊  Tell us something that can be improved about your city.

What makes Panama a special place?#praisePanama

Is Panama a great place to live? What makes it special for you? What makes it liveable? What should others know about? Why should they move here? Why do you love it?
You can be the first! 😊  Tell us something nice about your city.

Looking for a job in Panama?

Let the job find you

Let the jobs come to you! Sign up with your email and we’ll start working on getting job offers from Panama  delivered to you. It's free. No strings attached. You can unsubscribe anytime.


What kind of job are you looking for?

WHAT KIND OF JOB ARE YOU LOOKING FOR?
EMAIL ADDRESS
Sign up for a free Teleport account to personalize city data.
Budget your housing and living costs, salaries and jobs.
Get started

Safety

Gun crimes & Ownership

21.70
Guns per 100 people
15.11
Gun deaths per 100k people / year
HIGH GUN CRIMELOW GUN CRIMEFEW GUNSMANY GUNS
North America
Europe
Asia
South America
Africa
Oceania

Overall crime rate city ranking

The overall crime rate puts Panama in position 169 of 265 Teleport Cities in a ranking for the safest cities.

WORSTBEST
See more details on gun crime and safety in Panama

Visa

For visits up to 90 days

Required with citizenship of
Get more information about visas in Panama here
Sign up for a free Teleport account to personalize city data.
Budget your housing and living costs, salaries and jobs.
Get started

People in Panama

Population of Panama

937,600
2,203 /km²
57/264
Density (people per unit of area)
9%
Growth in 2015-2020
Panama

Demographics of Panama

Median age
29
Elderly people
8%
Life expectancy at birth
79
GDP per capita (in USD)
$19,455
202/262
Unemployment
5%
34/263

Languages

English proficiency score
48
212/228
Common spoken languages
Spanish

Friends living in Panama

Find out which of your friends are living in Panama. Nothing is better than knowing a local 😉

Teleport Users  X  Panama

Teleport users who are      Panama

Work in:

IT Manager
9.09%
Founder
9.09%
Administrative Assistant
9.09%
UX Designer
4.55%
Attorney
4.55%
Marketing Manager
4.55%
Executive Assistant
4.55%
Other
54.55%

Come from:

Climate

Average number of days per year without rain

102

Climate type

Tropical Monsoon

Average daily maximum temperature

Sign up for a free Teleport account to personalize city data.
Budget your housing and living costs, salaries and jobs.
Get started

Impressions from Panama

2:09 Panama en 2 minutos.

A video by Pierre Rios

Sign up for a free Teleport account to personalize city data.
Budget your housing and living costs, salaries and jobs.
Get started

On living in Panama

Panama is a country in Central America with coastlines on the Caribbean Sea and the North Pacific Ocean. It has land borders with Colombia (and South America) to the southeast and Costa Rica to the northwest. It's strategically located on the isthmus that forms the land bridge connecting North and South America. It controls the Panama Canal that links the North Atlantic Ocean via the Caribbean Sea with the North Pacific Ocean, one of the most important shipping routes in the world.

The ease of travel and wide array of experiences make Panama one of the most attractive emerging tourism destinations in the world. In just one week, visitors can enjoy two oceans, experience the mountains and rainforest, learn about native cultures and take advantage of vibrant urban life. The capital, Panama City, is a modern, sophisticated metropolis that resembles Miami and has established commerce, arts, fashion and dining.

Panama is known as the "Crossroads of the Americas" due to its privileged position between North and South America. The indigenous meaning of the country's name, "abundance of fish", reflects Panama's reputation as a paradise for water sports enthusiasts and eco-tourists. As the isthmus connecting two massive continents, Panama's flora and fauna is incredibly diverse. For example, Panama has been named the country with the most bird species in the world: over 900. Panama's many indigenous tribes are still thriving, living in the same ancient manner as their ancestors, making its cultural fabric exceptionally rich.

Read more

Good Country Index

Every city comes with a country. How is this one doing in terms of giving back to the global community? Our friends at The Good Country Index measure what each country on earth contributes to the common good of humanity, and what it takes away, relative to its size.

Overall ranking

Panama
63rd from a total of 163 countries

World Order

25th

Refugees hosted

Refugees generated

Charity giving

Birth rate

UN Treaties signed

International Peace & Security

83rd

Dues in arrears to UN peace keeping budgets

International violent conflict

Peacekeeping troops

Arms exports

Internet security (2014)

Planet & Climate

125th

Ecological footprint

Reforestation since 1992

Hazardous pesticides exports

CO2 emissions

Ozone

Prosperity & Equality

45th

Development assistance

FDI outflows

Fairtrade market size

UN volunteers abroad

Open trading

Culture

68th

Freedom of movement

Press freedom

Creative services exports

UNESCO dues in arrears as % of contribution

Creative goods exports

Science & Technology

92nd

Nobel prizes

Patents

Journal exports

International publications

International Students

Health & Wellbeing

75th

Pharmaceutical exports

Voluntary excess donations to the WHO

Food aid

Humanitarian aid donations

International Health Regulations Compliance

See details ▽

Still have questions?