Cost of Living in Portobelo

### Cost Guide for Portobelo, Panama

Portobelo, a historic town located on the northern coast of Panama, is a hidden gem that offers a unique blend of colonial charm, natural beauty, and a laid-back lifestyle. If you are considering moving to or spending an extended period in Portobelo, it's essential to understand the cost of living in this picturesque town. Here is a comprehensive cost guide to help you plan your budget effectively.

#### Rent Ranges by Neighbourhood

- Portobelo Town Centre: If you prefer to live in the heart of the town with easy access to amenities and the historic sites, you can find one-bedroom apartments for around £300-£500 per month.

- Near the Beach: For those seeking a beachfront lifestyle, rental prices for properties close to the beaches in Portobelo range from £400-£700 per month for a one-bedroom apartment.

- Outskirts and Rural Areas: If you are looking for a more tranquil environment away from the town centre, you can find affordable options in the outskirts and rural areas starting from £250-£400 per month for a one-bedroom apartment.

#### Coworking Costs

Portobelo offers limited coworking spaces, typically priced at around £70-£100 per month for a flexible desk. However, internet connectivity may vary in these spaces, so it's recommended to check the speed before committing.

#### SIM/Data Plans

You can purchase a local SIM card in Panama for approximately £5-£10, with data plans starting from £10 per month for a basic package with 1-2GB of data.

#### Food Costs

- Groceries: A weekly grocery shop for one person can cost around £20-£30, including fresh fruits, vegetables, and other essentials.

- Dining Out: Eating out in local restaurants can be budget-friendly, with meals costing between £3-£10 per person, depending on the type of establishment.

#### Transport Passes

Public transport in Portobelo is limited, but you can use taxis or local buses for short-distance travel. A taxi ride within the town typically costs around £2-£5, while a bus ticket to nearby areas can range from £1-£3.

#### Gym Memberships

Gym memberships in Portobelo start from £20-£40 per month for basic facilities. Some accommodations may offer access to gym facilities as part of their amenities.

#### Internet Speeds

Internet speeds in Portobelo can vary depending on the location. In town centre areas, you can expect speeds of around 10-20 Mbps, while rural areas may have slower connections ranging from 2-5 Mbps.

#### Safety Notes

Portobelo is considered a safe town for residents and visitors. However, like any other place, it's recommended to be cautious and avoid walking alone at night in isolated areas.

#### Neighbourhood Comparison

- Town Centre: Ideal for those who prefer convenience and easy access to amenities. - Near the Beach: Perfect for beach lovers seeking a relaxed lifestyle. - Outskirts and Rural Areas: Suited for those looking for peace and tranquillity away from the hustle and bustle of the town.

#### Monthly Budget Breakdown

- Rent: £250-£700 (depending on location and property type) - Utilities: £50-£100 - Food: £100-£150 - Transport: £30-£50 - Coworking Space: £70-£100 - Gym Membership: £20-£40 - Miscellaneous: £50-£100

#### Conclusion

Portobelo offers a unique living experience with a reasonable cost of living compared to other cities in Panama. By considering the outlined costs and expenses in this guide, you can plan your budget effectively and enjoy all that this charming town has to offer.