General Cost in Panama

Average residential Rent:

Apartments
US$500.00-1,000.00 per month

Houses
US$500.00-2,000.00 per month

Average office rent:

Class A Offices(higher level)
US$13.00/mt²per month
Class B and C Offices (standard level)
US$6.00-12.00/mt²per month

Average rent of Industrial Buildings:

US$2.50-5.00/mt² per month

Construction costs:

US$200.00/mt² per month(average) warehouse type.

Average costs- Education (private school):

Average Monthly Payments for private Schools,as follows:

	Kinder	Primary	Secondary
Schools Type1	$130.98	$152.22/154.25	$184.20
Schools Type2	$220.00	$252.00/265.36	$300.50
School Type3	$ 345.00	$502.87/$662.48	$745.21

Cost of school transportation:

US$35.00 per month

Cost of airport transportation:

Airport-hotel US$2.00/taxi; US$8.00/person

Cost of local transportation(taxi):

US$1.50/person/zone

Cost of Family Basic Needs:

US$185.33(Source: CLICAC)