panama cost of life -cost of labor from MSN-why build? tax exemption!!

Today I gound a great article about PANAMA, but the best part was about the cost of life and cosntruction..take a look or go the the original article,

Panama has one of the lowest costs of living in all Central and South America: A U.S.-style home can be built for about $40 per square foot; unskilled labor costs $6.40 per day; a full-time live-in maid costs $120 to $160 a month; a beer at a bar costs 35 cents; a cup of coffee, 30 cents; a haircut and shave can cost as little as $2; an afternoon at a beauty salon is $8; electricity is about 10 cents per kilowatt-hour; water bills are $18 per year; telephone service costs roughly $30 a month; Internet access is $14 a month; wireless is available for a bit more; cellular-telephone service costs about $30 a month plus a per-minute charge of around 22 cents; and cable TV will cost you about $30 a month.

http://articles.moneycentral.msn.com/RetirementandWills/RetireInStyle/PanamaIsParadiseForRetirees.aspx