Cost of Living, Safety & Expat Guide (2026)

United States
Panama
Based on our comparison, Colon wins 7 out of 8 categories.Chicago wins 1 categories.
For digital nomads choosing between Chicago and Colon, the answer depends on your priorities. Here's our analysis:
Best for Budget
Colon
$918/mo
Best Internet
Chicago
220 Mbps
Best NomadIQ Score
Colon
6.1/10
Our Recommendation: Colon is the clear winner for digital nomads, offering both affordability and excellent nomad infrastructure.
When comparing Chicago and Colon for digital nomads, several factors come into play.
Cost of Living: Colon is the more budget-friendly option at $918/month versus Chicago's $3,310/month.
Internet & Remote Work: Chicago leads with 220 Mbps average internet speed, ideal for video calls and large file transfers. Colon offers 65 Mbps.
Safety: With a safety score of 3.9/10, Colon offers better security than Chicago (3.4/10).
Overall: Colon's NomadIQ score of 6.1/10 gives it an edge for remote workers.
Colon is 72% cheaper than Chicago.
Colon has a higher safety score (3.9/10) compared to Chicago (3.4/10).
3.4/10
Chicago
3.9/10
Colon
For remote workers, internet speed is crucial. Chicago offers faster internet at 220 Mbps vs 65 Mbps.
220 Mbps
Chicago
65 Mbps
Colon
Based on our analysis, Colon edges out as the better choice for expats, winning 7 of 8 comparison factors.
Chicago: Best for those prioritizing amenities
Colon: Best for budget-conscious expats
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