I live in Central America, in Panama. Most houses are built out of cement blocks here. But, because shipping containers are readily available, we are seeing more homes being built out of shipping containers.
Near my house, there is a duplex made out of four shipping containers. Each side rents for $500. The shipping containers cost $3,000 – $4000 to be delivered to your site and installed in place. Then you will spend another $5,000 to $10,000 to finish out a simple container home.
This is a great blog about a container house being built near El Valle Panama — http://www.panamashippingcontainerhouse.com
We will be visiting the owner of that container home during the April www.PanamaRelocationTour. com and get more details about how many containers he used and what his costs have been.