Panama City prices

BACKPACKER INDEX: US$27.72

1 USD = 1 USD

Panama City hotel prices

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Rating Price (USD)
13.00 - 40.00
51.00 - 61.00
37.00 - 117.00
68.00 - 186.00
175.00 - 229.00


Panama City hostel prices

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Type Price (USD)
Hostel bed
11.78 - 15.71



Hotel seasons

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Hotels in Panama City operate on a similar seasonal schedule to the Caribbean, so the high season runs from December through March, and many hotels keep prices high through April. The peak season is around the Christmas and New Year’s holiday times, so if you are coming then it’s best to book as early as possible. The low season runs from June through November and great bargains can be had during this period, especially at higher-end places. Keep in mind this is also the rainy season, though that usually means an afternoon cloud burst a few days a week at most.

Panama City is gaining a lot of traction with travelers as a cheaper alternative to Costa Rica that offers much more history and culture in addition to a tropical setting. It’s true that costs are generally lower than in Costa Rica, but that may not last much longer if this surge in popularity continues.

Hotels and hostels in Panama City are good bargains, especially on the lower end of the price range. On the higher end the best deals are outside of the peak holiday season, but all year round you can get good prices on lovely hotels that would cost far more in most places.

Food and drinks are bargains too, and especially if you concentrate on street stalls and other places catering toward locals. Restaurants with English-language menus in tourist districts might not seem cheap at all.

Panama City attraction prices

Location Description Type Price(USD)
Panama Canal Museum This popular museum tells the fascinating story of the canal in Spanish only. adults 2.00
Panama Canal Visitor's Center The Miraflores Visitors' Center complex offers the best views and information about how things work today. adults 15.00
ages 6-12 10.00

Panama City transportation prices USD

  Price
Taxi from airport to city center 30.00
Public bus from airport to city center 1.25
3km taxi ride in Panama City 1.75 - 3.00
Public bus ride in Panama City 0.25
Taxi from city center to Canal Zone 5.00 - 10.00

Panama City food and drink prices USD

Food type   Price
Budget breakfast If your hotel doesn't include breakfast you can find cheap cafes and sandwich shops easily. 2.00 - 5.00
Budget lunch Really good street food is easy to find and great value. Even casual restaurants where locals eat will be cheap. 2.00 - 6.00
Budget dinner Assuming you want a proper sit-down meal, avoid tourist places with English menus for the best deals. 3.50 - 8.00
Beer (.33l bottle) Cold bottles of local lager are everywhere, and the price varies greatly depending on the type of place. 0.60 - 2.00

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Panama City facts

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Population 820,000
Metro area 1,200,000
Time zone UTC-5
Currency US dollar
Airports Tocumen International Airport (PTY)

Avg temps & precip

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weather advise for AmsterdamWeather advice

Panama City has a classic tropical climate with temperatures barely changing throughout the year. The dry season, which runs from mid December through May, still finds fairly high humidity during the days, but heat rarely gets out of hand so it’s generally comfortable. The rainy season goes from June through November, and is usually in the form of afternoon cloud bursts rather than all-day drizzle.

Sunrise and sunset

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