Bocas del Toro vs Armenia

Cost of living comparison for expats considering Bocas del Toro or Armenia, Mexico.

Based on a typical expat lifestyle

Armenia is 52% cheaper than Bocas del Toro

Monthly savings

$1,023

Panama

Bocas del Toro

$1,983

$34,703

Colombia

Armenia

$960

$16,800

Cheaper option

Category Breakdown

Category
Bocas del Toro
Armenia
Difference

Housing (Rent)

$1,035
$414
-60%

Utilities

$195
$78
-60%

Groceries

$280
$102
-64%

Dining Out

$120
$36
-70%

Transportation

$0
$60

Lifestyle & Entertainment

$183
$178
-3%

Healthcare

$120
$62
-48%

Phone & Subscriptions

$50
$30
-40%
Monthly Total
$1,983
$960
-52%

Based on a typical expat lifestyle: 1BR furnished apartment in mid-range neighborhood, mix of cooking/eating out, rideshare transportation, moderate entertainment, basic health insurance.

City Insights

Bocas del Toro

No cars on the main island—water taxis and walking are the transport modes. Prices are 15-25% higher than mainland due to shipping costs. Healthcare is a major limitation with only a basic clinic; serious needs require 3-4 hour trip to David. Power outages are common. Starlink is becoming popular for reliable internet. Rights of Possession land is common here—be very careful with property purchases.

Customize This Comparison

These estimates use a typical expat profile. Adjust housing, dining, and lifestyle preferences to match your actual situation.

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