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Cost Of Living Research Paper

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Panamanian Possibilities

If you find yourself ready to escape the high cost of living in a country or city that is only getting more expensive by the month, you would not be alone. Cities all across North America are seeing the middle class being pushed out or into poverty. The good news is you have a few choices. You can make it big in business, win the sweepstakes, inherit a ton of money, find buried treasure or move to another country. More and more people are looking at taking the latter option and moving outside their native land. Weighing in are big factors like less financial stress and more carefree living.

It's important to ask yourself if staying where you are is worth the stress of living month to month on a fixed income …show more content…
No rush hour traffic to get embroiled in as you travel to the market. To purchase enough groceries for a week you could easily spend $25US. This would buy you more than enough fresh, non-gmo fruits and vegetables at the cost of .25 for a tomato or .75 for an avocado or a bunch of bananas for .65. A head of cabbage, an armload of kale or a basket full of fresh herbs will costs you less than$1.00. Meats are whole and not always butchered to our trimmed-down standards, but a whole chicken (with head and feet) is only $2.00 for example. One young couple told me their liberal food budget rings in at around $100 a …show more content…
My recommendation is to rent for at least 3 months before buying. Do you prefer the beach or the mountains? Do you want small town or big city life? Do you need high speed internet access or can you run silent and run deep?

In Panama you have a choices. To rent a beautiful colonial style home in Las Tablas, for example it could costs you between $400 and $500US a month. The house will be fully furnished, three bedrooms, 2 bathrooms on a piece of land that is surrounded by open space or a few kilomters outside of town the coastline of the Gulf of Panama. The closer the beach the higher the rents which could top out a a whopping $1,200 a month. When you decide to buy, a starter home inland can go for about $50,000 and beach front $200,000.

Utilities costs are more than reasonable with water costs at $5 a month, electricity runs about $30, of course depending on the size of your place. Needless to say, these expenses are not going to break the bank. Are the local utility companies dependable? “Mostly” was the reply to this question. Life is good, but being flexible makes it worth

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