Panama is a big winner here. Thanks to the Panama Canal and its huge port, manufactured goods are much less expensive on Panama land. Household appliances, electronics, building materials, almost everything is more expensive on Costa Rica. I haven’t had a lot of experience buying cars down there, but I’ve heard from reliable sources that Costa Rica has a huge tax on automobiles that I know for a fact Panama doesn’t have. Apparently a $20,000 car in Panama would cost over $35,000 in Costa Rica.
Tags: costa rica cost of living, panama cost of living, panama land