Average cost of trip to Panama
Accommodation, food, transport and entertainment costs in PanamaUpdated Feb. 3, 2021
How much money are you going to need for your trip to Panama? You should plan to spend around B/.126.74 ($126.61) per day on your trip to Panama for one person and B/.173.40 ($173.22) for two when traveling. This budget includes accommodation costs for 2 adults in a good 4-star hotel (B/.80.08 $80.00), lunch in a local restaurant, street food and drinks for a day (B/.50.71 $50.66) and some entertainment (B/.42.60 $42.56) for two. Find more about Panama travel budget in 2020 below.
How much will a one-week trip to Panama cost? The average one-week vacaction cost to Panama is around B/.1,788.02 ($1,786.16) for one person and around B/.2,903.34 ($2,900.32) for a couple including flights. March is the cheapest month to go to Panama.
💰 Is it expensive to visit Panama?
A lot of people want to visit Panama and wonder what the budget would be like. Like with any vacation, the cost depends on where you’re flying from, what kind of accommodations you’re looking for and what you want to see or how you want to spend time. We're colleting all these travel costs from other travellers just like you, so you can make a better estimate of the budget for a trip that matches your own preferences.
✈ Cost of flights to Panama from
How much does it cost to fly to Panama? High season for flights to Panama spans from July to August — prepare to pay $890.00 and more for your return flight to Panama. The period from January to June is considered the low season and the average fares for flights are generally cheaper: you can usually get a return flight for about $679.00 on average. And if you're lucky, you can even find a better deal!
🛏 Average prices for accommodation in Panama
How much do hotels charge per night in Panama? High season in Panama runs from June to October. One night in a mid-range hotel during these months costs around $108.00. Low season spans from November to May. You can get a room for a night for as low as $53.00. Some nice bargains are usually also available, especially at the higher end resorts.
AirBnB. Double rooms in AirBnB cost around $83.00 per night, but prices can go up to 30% higher during high season.
|Added||Type of Accomodation||Month of Stay||Price Per Night, $|
|Feb. 3, 2021||AirBnB||February||$60.08|
|Jan. 29, 2021||AirBnB||January||$62.08|
|Jan. 24, 2021||AirBnB||January||$55.17|
|Jan. 19, 2021||AirBnB||January||$60.33|
|Jan. 9, 2021||AirBnB||January||$56.25|
|Dec. 30, 2020||AirBnB||December||$66.08|
|Dec. 24, 2020||AirBnB||December||$62.25|
|Dec. 11, 2020||AirBnB||December||$61.58|
|Dec. 6, 2020||AirBnB||December||$68.50|
|Dec. 1, 2020||AirBnB||December||$68.58|
🍲 Average prices for food and eating out in Panama
How much does food in Panama cost? The average cost of food and drinks in Panama is B/.0.00 ($0.00) per day for one person. An average street food meal in Panama would cost you around B/.10.08 ($10.07). A sit-in dinner for two people would cost around B/.18.89 ($18.87). Lunch in a mid-range cafe or restaurant would cost you something between the two.
How much do drinks cost? A bottle of water in Panama is around B/.1.84 ($1.84). A soft drink is around B/.1.12 ($1.12) when you buy it in a supermarket. A beer would cost you around B/.2.38 ($2.38) when you buy it in a bar. Alcoholic cocktails in bars and night clubs are B/.5.51 ($5.50) per cocktail.
|Type||Average Price||Add Your Input!|
|🥤 Soft Drink||B/.1.12 ≈$1.12|
|💧 Bottle of Water||B/.1.84 ≈$1.84|
|🥤 Soft Drink||—|
|🍺 Beer||B/.2.38 ≈$2.38|
|🍹 Alcoholic Cocktail||B/.5.51 ≈$5.50|
|🍽 Dinner for Two||B/.18.89 ≈$18.87|
|🌯 Street Food||B/.10.08 ≈$10.07|
|🍿 Local Snack||—|
|April 23, 2020||🥤 Soft Drink||B/.1.00 $1.00|
|April 23, 2020||🍺 Beer||B/.1.25 $1.25|
|April 23, 2020||🍽 Dinner for Two||B/.16.27 $16.25|
|April 23, 2020||🌯 Street Food||B/.16.27 $16.25|
|April 23, 2020||🍹 Alcoholic Cocktail||B/.5.50 $5.49|
|April 23, 2020||💧 Bottle of Water||B/.2.61 $2.61|
|April 23, 2020||🍽 Dinner for Two||B/.18.00 $17.98|
|April 23, 2020||🌯 Street Food||B/.7.50 $7.49|
|April 23, 2020||🍽 Dinner for Two||B/.8.01 $8.00|
|April 23, 2020||🍽 Dinner for Two||B/.40.04 $40.00|
🏛 Average prices for entertainment in Panama
What are the prices for entertainment and activities in Panama? Guided group tours are approximately B/.25.01 ($24.98) per person. If you want to go on a guided tour and save some cash, try looking for free walking tours in Panama on Tripadvisor.
|🏰 Group Tour||B/.25.01 ≈$24.98|
|🤹 Show or Theatre||B/.14.51 ≈$14.49|
|🕺 Night Club||—|
|Added||Type of Entertainment of Activity||Price, PAB|
|April 23, 2020||🤹 Show or Theatre||B/.23.00 $22.98|
|April 23, 2020||🏰 Group Tour||B/.25.00 $24.97|
|April 23, 2020||🤹 Show or Theatre||B/.6.01 $6.00|
|April 20, 2020||🤹 Show or Theatre||B/.23.00 $22.98|
|April 20, 2020||🏰 Group Tour||B/.25.00 $24.97|
🚌 Average prices for transport and car rentals in Panama
How much does airport transfer cost in Panama? The average cost of a 20-minute taxi ride is approximately B/.6.73 ($6.72).
|Type||Average Price||Add Your Input!|
|🚍 Airport Transfer||—|
|🚖 Taxi||B/.6.73 ≈$6.72|
|🚉 Public Transport||B/.5.46 ≈$5.45|
|🚉 Regular Car Rental, per day||—|
|🏍 Motorbike Rental, per day||—|
|Added||Type of Transport||Price, PAB|
|April 23, 2020||🚉 Public Transport||B/.1.82 $1.82|
|April 23, 2020||🚖 Taxi||B/.9.09 $9.08|
|April 23, 2020||🚖 Taxi||B/.2.00 $2.00|
|April 23, 2020||🚉 Public Transport||B/.0.25 $0.25|
|April 20, 2020||🚉 Public Transport||B/.9.09 $9.08|
|April 20, 2020||🚖 Taxi||B/.9.09 $9.08|
☀ Weather in Panama
The hottest season in Panama runs from April to November. The average temperature is around 30 °C. The rainy season is from June to August with average rainfall of 116mm.
🤑 Calculate your Panama travel budget
|Destination in Panama||Total||Flight||Accomodation||Eating Out||Entertainment||Transport||Pocket Cash|