Average Salary / Panama. Average salary in Panama is $71,175 USD per year. The most typical earning is $102,000 USD. All data are based on 142 salary surveys.

What is the minimum salary in Panama?

Panama’s Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid. The Panama minimum wage rate ranges from 1.22 to 2.36 Panamanian balboas per hour,depending on the region and sector.

What type of jobs are in Panama?

Working In Panama As A Foreigner

• banking.
• construction.
• embassies and other foreign goverment agencies.
• hospitality.
• non-profit.
• sales.
• sciences.
• technology.

  How much does an architect make in Panama?

  A person working as an Architect in Panama typically earns around 2,510 PAB per month. Salaries range from 1,210 PAB (lowest) to 3,940 PAB (highest). This is the average monthly salary including housing, transport, and other benefits. Architect salaries vary drastically based on experience, skills, gender, or location.

  How much does it cost to retire in Panama?

  Average Cost to Retire in Panama Cost of living estimates for a retirement in Panama vary, but generally you can expect to spend between $1,500 and $3,000 per month to live in Panama.

  What is the cost of living in Panama?

  Another reason that many consider Panama: It’s possible to live in Panama for as low as $1,000 per month. However, this is only in very specific cities….Average Cost of Living Across Panama: $1,120 – $4,000.

  Monthly Expenses	Costs (USD$)
  Rent	$375 – $1,200
  Food	$400
  Transportation	$75
  Excursions	$70