David, Panama

Your money stretches further in Panama, especially in David. You might pay as little as $25 a month for utilities, with no heating costs and optional air conditioning.

Internet, cable TV, and phone services can add up to around $170 a month, depending on your plans. Living in this farming area means you can get fresh fruits and vegetables all year.

A week’s worth of local produce costs about $20. Meat, eggs, and dairy are cheaper than in the U.S. Non-imported canned goods and bakery items are less expensive.

A couple might spend between US$350 and US$500 monthly on groceries if they focus on local foods. Many expats own cars, and insurance and registration costs are low. However, gas prices are similar to those in the U.S., averaging around US$2.70 per gallon.

On the other hand, public transport is also a good option, with reliable buses and taxis. A bus ride from David to Boquete costs just $2, and local buses in David charge 35 cents for a one-way trip.

David has a variety of businesses, including banks, sports complexes, stadiums, fast-food outlets, several universities, international schools (both public and private), gyms, big-box stores like Costco, business centers, coworking spaces, and more.

Plus, Panama uses the U.S. dollar.