Is Panama Expensive to Vacation?

By Robert Palmer

Are you considering Panama as a vacation destination but wondering if it’s expensive? Here’s everything you need to know about the cost of traveling to Panama.

Accommodation

Hotels: Panama offers a variety of accommodation options ranging from budget-friendly hostels to luxurious five-star hotels. The average cost of a mid-range hotel room in Panama City is around $70-$100 per night, while a budget hotel room can be found for around $30-$50 per night.

Airbnb: Airbnb is also an option in Panama, and it can be cheaper than staying in a hotel. You can find private rooms starting at $15 per night, while entire apartments or houses can be rented for around $30-$50 per night.

Food

Restaurants: Eating out at restaurants in Panama can be affordable. You can find local cuisine for as little as $5-$10 per meal, while mid-range restaurants may charge around $15-$20 for a meal.

Street food: If you’re looking for even cheaper options, street food is abundant in Panama and can cost as little as $1-$3 per item.

Transportation

Taxis: Taxis are widely available throughout Panama, and they’re the most convenient way to get around the cities. A typical taxi ride within the city will cost between $3-$5.

Buses: Buses are also available in Panama and are much cheaper than taxis. A bus ride within the city costs less than $1.

Activities

Tours: Depending on what kind of activities you’re interested in, tours in Panama can range from inexpensive to quite pricey. For example, a half-day city tour may cost around $30 per person, while a full-day tour to the Panama Canal can cost around $130 per person.

Beaches: If you’re interested in visiting the beaches, many of them are free to access. However, some beaches charge a small entrance fee (around $5-$10 per person).

Conclusion

Overall, Panama can be an affordable vacation destination if you plan accordingly. Accommodation options range from budget-friendly to luxurious, and food options can be very reasonable.

Transportation is also affordable, and there are plenty of free or low-cost activities to enjoy. So pack your bags and get ready for an unforgettable trip to Panama without breaking the bank!