5. David
IM Score: 24
Rent Cost: $325
Meal Cost: $4.88
Hospital to Population Ratio: 18,107
Temperature: 84/92°F
Rainy Days: 2/31
Sunny Days: 0/27
Located just 40 minutes from the previous entry on our list of best places to retire in Panama, David is a big city that boasts a modern infrastructure but offers significantly lower cost of living compared to Panama City. The city has all the conveniences you may ask from the place you live including modern healthcare facilities, shopping options, and other services. No matter do you like exploring the forests and wildlife or taking a swim in the Pacific Ocean, David is close to it all.