1. Panama City. Discover Panama City, a vibrant metropolis where modern skyscrapers meet historic architecture, offering an eclectic mix of cultures and experiences.It's a place where every corner reveals a new adventure, truly one of the coolest places to live in Panama. The city buzzes with energy, from the bustling streets of Casco Viejo to the lush Metropolitan Park.. El Valle de Antón. If you ever wanted to live in the crater of a massive but extinct volcano, El Valle de Antón is the place for you. Nestled among steep mountains about an hour from Coronado's.

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Bocas del Toro. Bocas del Toro, is a stunning archipelago located on the Caribbean coast, boasting a mix of pristine sandy beaches and rugged coastline. The region has a population of around 16,000 people and is situated approximately 190 miles from Panama City. Public transportation is available in the form of water taxis and buses, making it.. Cost of Living in Panama. The cost of living in Panama can be as low as $1,000 to $1,200 monthly for a single person or $1,500 to $2,000 for a couple. Your exact costs will depend on where in Panama you choose to live and your lifestyle and buying decisions. Some areas are more expensive than others.