The Panama Blog

Panama Travel and Living

  • Panama Travel
    • Panama Travel Guide
    • Panama Tours
    • Panama Hotels
    • Panama City Travel
    • Bocas Del Toro Travel
    • Boquete Travel
  • Living In Panama
    • Bocas Del Toro Living
    • Boquete Living
    • Casco Viejo
    • Chiriqui Living
    • Moving To Panama
    • Panama City Living
    • Panama Real Estate
    • Retire In Panama
    • Teaching English in Panama
  • Things To Do In Panama
    • Panama Beaches
    • Panama Dining and Restaurants
    • Panama Nightlife and Entertainment
    • Panama Sports And Outdoors
    • Panama Surfing
    • Shopping In Panama

Panama’s Lowest Cost of Living (and Best Fishing)

04/28/2013 By Panama Eric

The town of Pedasi, on the Azuero Peninsula, offers low-cost living and is one of the best places in Panama to really live like the locals.
The town of Pedasi, on the Azuero Peninsula, offers low-cost living and is one of the best places in Panama to really live like the locals.

(International Living Magazine) Here in the Azuero Peninsula, paradise overlooks the Pacific and the fishing is renowned worldwide.

The eastern region is more developed, with a mix of old cities and new developments. The west is mostly frontier land…boasting great potential for anyone with big dreams.

Toronto native Alain Mulaire has been living in the western region for four years with his Panamanian wife, Arelys. He runs a security solutions company and has a home in Azuero on a beach called Playa Monagre. Though he has access to excellent infrastructure—everything from reliable power to well-paved roads to Internet—that’s not what drew him to his adopted home.

“I moved here because I really enjoyed being out on the beach. I liked the atmosphere… being out on the ocean… the breeze… and the quiet.”

Quiet is right… On any given day on this and other beaches lining the Azuero coast, you’re likely to be the only sun-bather for miles around.

But when there are fiestas or festivales…something Azuero has more of than any region… the locals regularly and proudly celebrate the traditions and culture of their nation. From parades celebrating the national dress to raucous carnival festivals to showy rodeos…this can be the part of Panama where you’ll have the most fun.

You won’t find any large expat enclaves here. Unlike more popular destinations, you’re unlikely to hear English spoken when you’re wandering down the supermarket aisles in Azuero.

For an adventurous few, though, Azuero is the perfect destination. It offers Panama’s lowest cost of living, and it’s arguably the best place in the country to learn Spanish and really live like—and among—locals.

“The price was right,” says Alain of his decision to move here. “I bought a fisherman’s home for very little and fixed it up.” Alain prefers not to reveal just how little he paid for the home (local style homes in this area are available for $45,000 to $100,000), but says he spent about $30,000 on renovations.

Filed Under: Living In Panama, Moving To Panama, Panama Real Estate, Retire In Panama

  • Home
  • About
  • Contact
  • Privacy Policy