{"id":23324,"date":"2018-06-04T11:47:49","date_gmt":"2018-06-04T16:47:49","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=23324"},"modified":"2018-06-06T13:01:16","modified_gmt":"2018-06-06T18:01:16","slug":"latin-america-panama-expensive-city","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/latin-america-panama-expensive-city\/","title":{"rendered":"Latin America: Panama Most Expensive City"},"content":{"rendered":"

\"\"<\/a><\/p>\n

One of the reasons we have seen a fall off in traffic here in Panama is the cost of living in Panama City, not that I would live there anyway but it is now\u00a0more expensive than Frankfurt, Vienna and Dubai according to Latinvex.<\/p>\n

Panamanian capital Panama City has become the most expensive city in Latin America, according to the latest cost of living survey from Swiss bank UBS.<\/p>\n

Panama City now ranks 25th<\/sup>\u00a0among 77 cities worldwide.\u00a0\u00a0That means it is more expensive than cities like Frankfurt, Vienna, Dubai and Rome. The development comes as\u00a0Panama<\/a>\u00a0now ranks as the richest country in Latin America, according to a new\u00a0Latinvex<\/strong><\/em>\u00a0analysis<\/a>.<\/p>\n

Argentine capital Buenos Aires, meanwhile, has become less expensive and ranks second in Latin America and 49th<\/sup>\u00a0worldwide.<\/p>\n

\u201cBuenos Aires is nevertheless a great expat destination, though if you’re thinking of getting an iPhone, you’d probably want to buy it elsewhere,\u201d UBS says, alluding to the high price for the phone.<\/p>\n

The UBS survey looks at prices of 128 goods and services for a 3-member family.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Cost of Living<\/strong><\/td>\n<\/td>\n<\/tr>\n
Cost of living expenses, including rent<\/td>\n<\/td>\n<\/tr>\n
Index 100 equals New York. 77 cities included.<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
LA Rk<\/strong><\/td>\nGl Rk<\/strong><\/td>\nCity<\/strong><\/td>\nIndex<\/strong><\/td>\n<\/tr>\n
1<\/td>\n25<\/td>\nPanama City, Panama<\/td>\n73.7<\/td>\n<\/tr>\n
2<\/td>\n49<\/td>\nBuenos Aires, Argentina<\/td>\n56.7<\/td>\n<\/tr>\n
3<\/td>\n51<\/td>\nSantiago, Chile<\/td>\n55.5<\/td>\n<\/tr>\n
4<\/td>\n54<\/td>\nSao Paulo, Brazil<\/td>\n54.4<\/td>\n<\/tr>\n
5<\/td>\n55<\/td>\nRio de Janeiro, Brazil<\/td>\n53<\/td>\n<\/tr>\n
6<\/td>\n61<\/td>\nLima, Peru<\/td>\n49.2<\/td>\n<\/tr>\n
7<\/td>\n65<\/td>\nBogota, Colombia<\/td>\n47.6<\/td>\n<\/tr>\n
8<\/td>\n67<\/td>\nMexico City, Mexico<\/td>\n46<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Source: UBS<\/em><\/strong><\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n

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    One of the reasons we have seen a fall off in traffic here in Panama is the cost<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,247,241,39,248,34,33,62,42,219,11,249,243,7,246,244,44],"class_list":["post-23324","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-bocas-del-toro","tag-boquete","tag-boquete-boca-chica-real-estate","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama"],"yoast_head":"\nLatin America: Panama Most Expensive City - Blog and Newsletter<\/title>\n<meta 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