About Panama

Operating Costs

 
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Operating Cost

Labor Force and Wages
Available Labor Force
1,455,592
Minimum Salary (Services)
US$ 2.00 p/h
Average Monthly Salary
US$ 416.00
Professionals (Montly Payment)
Bilingual Secretary
US$ 800
Accountant
US$ 1,200
Engineer
US$ 1,200
Manager
US$ 1,750
Cost of Water (less than 10,000 gallons)
Residential
US$ 1.52
Industrial
US$ 4.50
Commercial
US$ 4.50
Official
US$ 3.90
Cost of Electricity per kw/h 
Residential 
US$ 2.03
Commercial 
US$ 8.56
Industrial 
US$ 8.56
Cost of Telecomunications
International calls (not applicable to call centers)
US$ 0.04
Broadband internet (2 MB)
US$ 12.00
Leasing of Industrial Buildings
Office 
US$ 700 - 8,500 monthly
Class A (Banking Area) x (M²) US$ 18.00 - US$ 24.00
Class A (Costa del Este) x (M²) US$ 20.00 - US$ 30.00
- Class A (San Francisco) x (M²) US$ 18.00 - US$ 24.00
-Class A (Transitmica / T. Muerto) x (M²) US$ 13.00 - US$ 17.00
- Class A (Balboa Avenue) x (M²) US$ 17.00 - US$ 25.00
Warehouse
US$ 900 - 15,000  monthly
Port Costs
Movement of Container 
US$ 230.00
Average Housing Rental Costs
Apartament 
US$ 500-3,000 monthly
House 
US$ 650-4,000 monthly
Average Education Costs
Private Schools
Elementary
US$ 235 monthly
High
US$ 470 monthly
Transport
US$ 45 monthly

For economic consulting, the BusinessPanama Group has teamed up with the leading Economic Consulting Group in Panama. For more information, please click here to contact us.

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