Panama Average Hotel Costs: Nightly Room Prices by Accommodation Type

Panama City, Panama Panama City, Panama

What is the average price of a hotel in Panama? Our detailed analysis of the prices of amazing hotels in Panama can help you understand how much you might need to spend for your next great trip. Great for resorts, scuba diving & snorkeling, beaches, and family-friendly activities, it's easy to see why Panama is such a fun destination. Whether you're on a budget or traveling in luxury, or by your self or with your family, we have tabulated the costs of hotels in Panama by category, star-rating, amenities, and guest reviews. Read on to find out if the best hotels in Panama are expensive, or where the best and cheapest hotels are located.

Panama, the isthmus connecting North and South America, is a tantalizing travel destination with a mosaic of experiences to offer. Famous for the engineering marvel of the Panama Canal, the country charms travelers with its alluring blend of vibrant urban life and pristine natural beauty. In Panama City, ultra-modern skyscrapers coexist with colonial-era architecture, offering a fascinating skyline, while beyond the city, lush rainforests, idyllic beaches, and diverse wildlife await exploration. Adventure seekers will find plenty of opportunities for hiking, diving, and snorkeling, while those drawn to culture can immerse themselves in indigenous communities or savor the flavors of local cuisine. Whether you're sipping coffee in the highlands of Boquete, spotting resplendent quetzals in the cloud forests, or lounging on the sandy shores of Bocas del Toro, Panama is a versatile and enticing destination.

So, let's now take a look at the hotel prices for Panama.



See Hotels in Panama

The Top 3:

  • $92, Rated 10.0 of 10

  • $203, Rated 10.0 of 10

  • $90, Rated 10.0 of 10

How much do hotels cost in Panama?

Panama Average Hotel Price for 1 Night
$94 - 175

After analyzing 1,568 great hotels in Panama, we found the average hotel price in Panama is a remarkably economical $94 with high season prices around $175, and the median price is $73. Naturally, this city has many fantastic accommodation options with a variety of prices. The price of accommodation can vary by the hotel's amenities, available dates, and the general neighborhood.

The average price of a hotel for 3 days in Panama is $281, and $524 in the busy season.

The average hotel cost for one week in Panama is a surprisingly affordable $656, and the average hotel cost for two weeks in Panama is a surprisingly affordable $1,311 (not including taxes and fees).


  • 3 Days
    $281
  • One Week
    $656
  • Two Weeks
    $1,311
  • See More


View hotels on the map:


Recommended

Hotel La Compañía Casco Antiguo
Panama City, Panama

How much should I pay to stay in a hotel in Panama?

You'll find the budget, mid-range, and luxury Panama hotel cost per night displayed below. This chart shows the range of hotel prices for a one night stay in Panama. If you're trying to figure out how much you should pay for a reservation, this graph breaks down the costs by price range.



(All hotel prices are in US Dollars before taxes, and come from a base price that is reported by Kayak. Peak season prices can vary significantly, particularly in destinations where seasonal travel fluctuates dramatically.)

Are Hotels in Panama Expensive?

From the chart above, and from our statistical calculations, we can see that the average price for all hotels in Panama is $94. Also, the average price for budget hotels in Panama is $41. Furthermore, the average price for luxury hotels in Panama is $223. So, is a Panama expensive? Given the overall cost of living and travel in the area, these prices are not unreasonable. And if you think it's expensive to spend the night in Panama, don't worry, as it's quite possible to find hotel rooms with great values for your next trip. We have recommended hotels at various price ranges below.

Also, see our article Best Hotels for One Night in Panama for more places to stay.


Prices for the Best Hotels in Panama (Panama's Top Rated Hotels by Guests)

Are you looking for the best hotel in Panama? After we analyzed the 397 best and highest rated hotels (the top 25%), we found a variety of amazing options at different price ranges. The average price of the highest rated hotels is a great value at $107 with high season prices around $200, and the median price is $89. So, here are the price ranges of the best places to stay in Panama for your next fantastic trip to this amazing destination.



How much are the best hotels in Panama?

Is it expensive to stay in Panama? Actually, the prices can be quite affordable. Look for great deals and compare websites on nightly rates for your next booking for an even more amazing rate. Below, you can find out how much you should pay for one of the best hotels in Panama. Here are a few of the top rated hotels in Panama according to guests.
Playa Venao, Los Santos, Panama, Las Escobas del Venado
Overall Rating 10.0

If it's your first time here, check out Best Hotels for First Time Visitors in Panama for more great places to stay.

Prices for the Best Luxury Hotels in Panama

Looking for Panama's best hotels? We'll show you just how expensive hotels are in Panama. The average price of the 231 top luxury hotels in Panama is $223 with high season prices around $417, and the median price is $207. The price ranges below will help you understand how much these fantastic hotels will cost for your next amazing trip.

How much should I pay to stay in a luxury hotel in Panama?

The chart below shows the range of the fantastic luxury hotel prices for a one night stay in Panama. If you're trying to figure out how much you should pay for a luxury reservation, this graph tabulates the costs of these terrific hotels by price range. These luxury hotels often include some of Panama's best boutique hotels and resorts.



What are the highest rated luxury hotels in Panama?

Calle 7, Isla Colon, Bocas del Toro
Overall Rating 10.0
Finca Panda, Calle Volcancito Volcancito Arriba, Boquete
Overall Rating 9.9

For more details, see Best Luxury Hotels in Panama for beautiful hotels.

Prices for Mid-Range Hotels in Panama

Hotel costs per night in Panama are displayed below for mid-range hotels. For the 732 mid-range hotels in Panama, the average price is $96 with high season prices around $179, and the median price is $90. These typical Panama hotel rooms are a good representation of what is available, because they are in the middle of the total price range while still providing quality amenities.

How much should I pay to stay in a typical mid-range hotel in Panama?

The chart below shows the range of very nice moderately priced hotels for a one night stay in Panama. If you're trying to figure out how much you should pay for a booking, this graph tabulates the costs of these great accommodation options by price range. These hotels also include some of Panama's best bed & breakfasts and vacation rentals.



What are the highest rated mid-range hotels in Panama?

Avenida Vasco Nuñez de Balboa, Panama City
Overall Rating 10.0
12121 Calle Principal, Torio
Overall Rating 10.0

Also, see Best Family-Friendly Hotels in Panama which has even more great hotels for families with kids.

Prices for Budget Hotels in Panama

To find the best cheap hotels in Panama, we analyzed the prices of this destination's 605 budget hotels. The average price of these budget hotels is $41 with high season prices around $77, and the median price is $40. The highest rated hotels which are below the average cost are presented below, along with the price ranges of all budget hotels. Now we'll show you just how affordable hotels can be in Panama, as the chart below shows the cheapest places to stay in Panama.

How much should I pay to stay in a budget hotel in Panama?

The chart below shows the range of the terrific budget-friendly hotel prices for a one night stay in Panama. If you're trying to figure out how much you should pay for a cheap hotel, this graph tabulates the prices of the great hotels here by range. These surprisingly affordable hotels often include some of Panama's best hostels and budget guesthouses, too.



What are the best budget hotels in Panama?

Below are some of the top rated cheap hotels in Panama. Affordable hotel rooms sometimes have basic furnishings or smaller sizes, but come at some of the best prices and offer the best deals. If you're looking for a cheap hotel room in Panama, these hotels are among the best.

Avenida E. Nte, Bocas del Toro
Overall Rating 9.8
Via Hacia el Valle de Anton km 7, San Carlos
Overall Rating 9.7

Hotels Under $25 in Panama

The following hotel rooms are the top rated by guests for a price under $25. If you're looking for a cheap hotel on a budget below $25, these places to stay might make a good option.

Where can I sleep in Panama under $25?

Manzana 64-1656, San Carlos
Overall Rating 9.5
Isla Cañas, Isla de Cañas
Overall Rating 9.1
Nueva Florida, Calle Principal Casa, Las Lajas (Chiriqui)
Overall Rating 9.1
Bocas del Toro-Almirante, Almirante
Overall Rating 8.3

Hotels Under $50 in Panama

The following hotel rooms are the top rated by guests for a price under $50. If you're looking for a cheap hotel on a budget below $50, these places to stay might make a good option.

Where can I sleep in Panama under $50?

1-289 Manzana, Boquete
Overall Rating 10.0
Calle Hacia Playa Estero, Santa Catalina
Overall Rating 10.0
Calle Tercera El Valle de Cerro Azul, 24 de Diciembre, Panamá., Tocumen
Overall Rating 10.0
Via Hacia el Valle de Anton km 7, San Carlos
Overall Rating 9.7

Hotels Under $100 in Panama

The following hotel rooms are the top rated by guests for a price under $100. If you're looking for affordable luxury hotels less than $100, these rooms would be a good choice.

Where can I sleep in Panama under $100?

Volcán Barú National Park sin numero, Paso Ancho
Overall Rating 10.0
Avenida México 22, Panama City
Overall Rating 10.0
san blas san blas, San Blas
Overall Rating 10.0
Calle Chagres, Nuevo Chagres, Nuevo Chagres
Overall Rating 10.0

Hotels Under $150 in Panama

The following hotel rooms are the top rated by guests for a price under $150. If you're looking for affordable luxury hotels less than $150, these rooms would be a good choice.

Where can I sleep in Panama under $150?

Calle Corona Playa Corona, San Carlos
Overall Rating 10.0
1.6 km From Panamamerican Hwy, Bejuco
Overall Rating 10.0
San Carlos La Uva, San Carlos
Overall Rating 10.0
Via a Cerro Azul, Buena Vista
Overall Rating 10.0

Hotels Under $200 in Panama

The following hotel rooms are the top rated by guests for a price under $200. If you're looking for affordable luxury hotels less than $200, these rooms would be a good choice.

Where can I sleep in Panama under $200?

Ojo De Agua Almirante Bocas Del Toro Bocas Del Toroalmirante Bocas Del Toro 0104 Panama, Bocas del Toro
Overall Rating 10.0
Alquiler de Apartamento en Playa Blanca, Río Hato
Overall Rating 10.0
16-44 Manzana, Bocatorito
Overall Rating 10.0
Playa Venao, Los Santos, Panama, Las Escobas del Venado
Overall Rating 10.0

Hotel Prices by Star Rating for Panama

The star ratings of hotels are based on the best amenities and the quality of service instead of guest ratings. Some countries and cities have strict criteria for how hotels are rated based on specific amenities.

Average 5-Star Hotel Price in Panama

$162 is the average price of the 36 5-star hotels in Panama. The median price for these great hotels is $149.

How much does a 5-star hotel in Panama cost?

The chart below shows the range of terrific 5-star hotel prices for a one night stay in Panama. If you're trying to figure out how much you should pay for a great 5-star hotel, this graph tabulates the surprisingly affordable prices by category. Many people consider a 4 or 5-star hotel to be a luxury hotel, but that does not mean that you can't find a great deal on these high-end rooms.



Average 4-Star Hotel Price in Panama

The average price of the 110 terrific 4-star hotels in Panama is $126, and the median price is $108.

How much does a 4-star hotel in Panama cost?

The chart below shows the range of terrific 4-star hotel prices for a one night stay in Panama. If you're trying to figure out how much you should pay for a great 4-star hotel, this graph tabulates the surprisingly affordable prices by category. Many people consider a 4 or 5-star hotel to be a luxury hotel, but that does not mean that you can't find a great deal on these high-end rooms.



Average 3-Star Hotel Price in Panama

After an analysis of 430 excellent hotels, $89 is the average price for the great 3-star hotels in Panama, and the median price is $77.

How much does a 3-star hotel in Panama cost?

The chart below shows the range of terrific 3-star hotel prices for a one night stay in Panama. If you're trying to figure out how much you should pay for a great 3-star hotel, this graph tabulates the surprisingly affordable prices by category.



Average 2-Star Hotel Price in Panama

With data for 254 fantastic hotels, $70 is the average price for 2-star hotels in Panama, and the median price is $54.

How much does a 2-star hotel in Panama cost?

The chart below shows the range of terrific 2-star hotel prices for a one night stay in Panama. If you're trying to figure out how much you should pay for a great 2-star hotel, this graph tabulates the surprisingly affordable prices by category.



Average 1-Star Hotel Price in Panama

With data for 103 great hotels, the average price for 1-star hotels in Panama is $64, and the median price is $49.

How much does a 1-star hotel in Panama cost?

The chart below shows the range of terrific 1-star hotel prices for a one night stay in Panama. If you're trying to figure out how much you should pay for a great 1-star hotel, this graph tabulates the surprisingly affordable prices by category.



Are Hotels Nice in Panama?

Panama offers a wide range of accommodation options with hotels up to 5 stars. In fact, the average 5-star hotel guest rating is 7.3 out of 10, and the average price is $162. So, you can absolutely find a quality and nice hotel in the area. The average prices by star rating for hotels in Panama is as follows. (Prices are before taxes and fees, and change based on the seasons.)

  • 5-Star Hotels: $162
  • 4-Star Hotels: $126
  • 3-Star Hotels: $89
  • 2-Star Hotels: $70
  • 1-Star Hotels: $64

Also, the average guest rating for each star rating is as follows.

  • 5-Star Hotels: 7.3 out of 10
  • 4-Star Hotels: 7.3 out of 10
  • 3-Star Hotels: 6.2 out of 10
  • 2-Star Hotels: 4.6 out of 10
  • 1-Star Hotels: 4.5 out of 10

Should I Stay in a 4 or 5-Star Hotel in Panama?

If we compare 4-star versus 5-star hotels in Panama, we see some helpful trends. Hotels with a 4-star rating generally cost less ($126) than those with a 5-star rating ($162). Also, hotels with a 4-star rating have, on average, the same guest rating as those with a 5-star rating (7.3 out of 10). So, across the range of hotels, you'll find similar levels of quality, service, and reviews.

Should I Stay in a 3 or 4-Star Hotel in Panama?

Looking at the comparison between 3-star hotels versus 4-star hotels in Panama, we can see the differences between the prices and guest ratings. Hotels with a 3-star rating generally cost less ($89) than those with a 4-star rating ($126). Also, hotels with a 3-star rating generally have a lower guest rating (6.2) than those with a 4-star rating (7.3).

Should I Stay in a 2 or 3-Star Hotel in Panama?

Let's examine 2-star hotels versus 3-star hotels in Panama. Hotels with a 2-star rating generally cost less ($70) than those with a 3-star rating ($89). Also, hotels with a 2-star rating generally have a lower guest rating (4.6) than those with a 3-star rating (6.2).


Prices for Hotels with Pools in Panama

The chart below shows the range of the cost of hotels with pools for a one night stay in Panama. If you're trying to figure out how much you should pay for hotels with pools, this graph tabulates the costs by price range.

$106 is the average price of the 224 hotels with pools in Panama. The median price for these hotels is $89.



What are the best Hotels with Pools in Panama?

1.6 km From Panamamerican Hwy, Bejuco
Overall Rating 10.0
La Plantacion at Big Bight Bay, Bocas del Toro
Overall Rating 10.0

Prices for Ski Hotels and Resorts in Panama

The chart below shows the range of the cost of ski resorts and hotels for a one night stay in Panama. If you're trying to figure out how much you should pay for ski resorts and hotels, this graph tabulates the costs by price range.

After an analysis of 1 hotels, $29 is the average price for the ski resorts and hotels in Panama, and the median price is $29.



What are the best Ski Resorts and Hotels in Panama?

1 Via Espana Y Martin Sossa, Panama City
Overall Rating 7.0

Prices for Hotels with Room Service in Panama

The chart below shows the range of the cost of hotels with room service for a one night stay in Panama. If you're trying to figure out how much you should pay for hotels with room service, this graph tabulates the costs by price range.

The average price of the 288 hotels with room service in Panama is $96, and the median price is $83.



What are the best Hotels with Room Service in Panama?

Ojo De Agua Almirante Bocas Del Toro Bocas Del Toroalmirante Bocas Del Toro 0104 Panama, Bocas del Toro
Overall Rating 10.0
Loas Destiladeros, Pedasí
Overall Rating 9.9

Prices for Water Park Hotels in Panama

The chart below shows the range of the cost of water park hotels for a one night stay in Panama. If you're trying to figure out how much you should pay for water park hotels, this graph tabulates the costs by price range.

$77 is the average price of the 5 water park hotels in Panama. The median price for these hotels is $74.



What are the best Water Park Hotels in Panama?

27-66 Manzana, Boquete
Overall Rating 9.9
Congresso Arriba, Taboga Island, Taboga, Paso Ancho, Panama, 0000, Taboga Island
Overall Rating 8.9

Prices for Hotels with Restaurants in Panama

The chart below shows the range of the cost of hotels with restaurants for a one night stay in Panama. If you're trying to figure out how much you should pay for hotels with restaurants, this graph tabulates the costs by price range.

After an analysis of 263 hotels, $100 is the average price for the hotels with restaurants in Panama, and the median price is $87.



What are the best Hotels with Restaurants in Panama?

Isla San Cristobal Bahia Delfines, Bocas del Toro
Overall Rating 9.9
Bocas del Toro-Bastimento, Bocas del Toro
Overall Rating 9.9

Prices for Hotels with Bars in Panama

The chart below shows the range of the cost of hotels with bars for a one night stay in Panama. If you're trying to figure out how much you should pay for hotels with bars, this graph tabulates the costs by price range.

The average price of the 250 hotels with bars in Panama is $99, and the median price is $88.



What are the best Hotels with Bars in Panama?

Avenida México 22, Panama City
Overall Rating 10.0
1.6 km From Panamamerican Hwy, Bejuco
Overall Rating 10.0

Also, see Best Party Hotels in Panama for more ideas.

Prices for Hotels with Snorkeling and Scuba Diving in Panama

The chart below shows the range of the cost of hotels with scuba diving and snorkeling for a one night stay in Panama. If you're trying to figure out how much you should pay for hotels with scuba diving and snorkeling, this graph tabulates the costs by price range.

$102 is the average price of the 112 hotels with scuba diving and snorkeling in Panama. The median price for these hotels is $89.



What are the best Hotels with Scuba Diving and Snorkeling in Panama?

Bocas del Toro-Bastimento, Bocas del Toro
Overall Rating 9.9
Big Creek Isla Colon, Bocas del Toro
Overall Rating 9.9

Also, see Best Hotels for Scuba Diving in Panama for more ideas.

Prices for Hotels with Parking in Panama

The chart below shows the range of the cost of hotels with parking for a one night stay in Panama. If you're trying to figure out how much you should pay for hotels with parking, this graph tabulates the costs by price range.

After an analysis of 381 hotels, $87 is the average price for the hotels with parking in Panama, and the median price is $72.



What are the best Hotels with Parking in Panama?

Bocas del Toro isla colon, Bocas del Toro
Overall Rating 10.0
La Plantacion at Big Bight Bay, Bocas del Toro
Overall Rating 10.0

Prices for Hotels with Kitchens in Panama

The chart below shows the range of the cost of hotels with kitchens for a one night stay in Panama. If you're trying to figure out how much you should pay for hotels with kitchens, this graph tabulates the costs by price range.

The average price of the 180 hotels with kitchens in Panama is $98, and the median price is $86.



What are the best Hotels with Kitchens in Panama?

Lago Cerro Azul, Los Altos De Cerro Azul, Casa 16 Calle Costa Rica, Panama City
Overall Rating 10.0
Bocas del Toro isla colon, Bocas del Toro
Overall Rating 10.0

Prices for Hotels with a Free Breakfast in Panama

The chart below shows the range of the cost of hotels with a free breakfast for a one night stay in Panama. If you're trying to figure out how much you should pay for hotels with a free breakfast, this graph tabulates the costs by price range.

$166 is the average price of the 1 hotels with a free breakfast in Panama. The median price for these hotels is $166.



What are the best Hotels with a Free Breakfast in Panama?

Omar Torrijos Avenue, Panama City
Overall Rating 8.0

See also Best Pet-Friendly Hotels in Panama, Best Hotels for a Weekend Getaway in Panama, Best Hotels for One Week in Panama, Best Romantic Hotels for Couples in Panama, Best Adults Only Hotels in Panama, or Best Business Hotels in Panama for more room ideas. With so many options, there's a good place to stay for every type of traveler.

More Hotel and Travel Information
Panama City Hotel Prices
David Hotel Prices
Bocas del Toro Hotel Prices
Boquete Hotel Prices

Average Travel Costs for Panama
Average Tour Costs for Panama