You can live in Panama like a king or queen for $2000 a month... excluding housing. Lots of Americans, retirees and young, have made the move.
Water, trash and sewer runs for about $10 a month, electricity $60 a month, gas $5 a month, groceries $100-150 per person per month, etc. No... I didn't leave a 0 out.
Good standard of living, safe except the ghettos, a lot of people speak English, only 4 hr non stop from IAH