Is Panama City expensive to visit?
Panama City is a moderately priced destination with an average daily cost of $224. Compared to the rest of North America, which is known to be an expensive region, it is a moderately priced place to visit. It's ranked in the top 50% of cities in North America for its travel costs, comparable to places like The Hamptons and North Conway.
Panama City Beach, Florida
How expensive is Panama City?
The average cost of traveling to Panama City can vary widely based on many factors, but our calculations based on previous travlers show that the average daily cost is $224 (U.S. Dollars). Your travel style, accommodation preferences, dining choices, and trip duration can alter your individual budget, as you can find a wide array of accommodation, food, and entertainment options available for your visit. Sticking to mid-range hotels, affordable restaurants, and public transit when available can keep your costs close to this calculated average. See more travel costs for Panama City here.
How expensive is a weekend trip (three days) to Panama City?
Based on our calculations from previous travelers, a weekend trip to Panama City will cost around $671 per person. This amount includes sightseeing activities, hotels, restaurants, local transportation, and other travel expenses. For two people, a weekend trip would cost $1,341.
How expensive is a one week (7-day) trip to Panama City?
On average, a one week trip to Panama City costs about $1,565 per person. This is based on the previous expenses of actual travelers, and includes accommodation, food, activities, local transportation, and more. For two people, a one week trip costs $3,130.
Is it expensive to backpack in Panama City?
Panama City is often overlooked by backpackers, as there is a very limited selection of hostels. Because there aren't any hostels and few other amenities that cater to backpackers, prices might be higher than you'd expect. This is particularly true for solo travelers who many have to pay the full cost for a hotel room. To save money, look for budget hotels in convenient locations.
Are hotels expensive in Panama City?
Considering our analysis of hotel prices in Panama City, it becomes apparent that they are somewhat more affordable in comparison to hotels in other cities. On average, you can expect to spend around $148 per night for a hotel room. The city is home to approximately [5_STAR_COUNT] five-star hotels, presenting an average rate of [5_STAR_PRICE] per night. For a balanced choice catering to both comfort and cost-effectiveness, three-star hotels provide an average rate of $162 per night, while two-star hotels offer an even more budget-friendly alternative at $125 per night.
Hotels by star rating in Panama City
| Rating | Number of Hotels | Average Hotel Price |
|---|---|---|
| 4 stars | 1 | $420 |
| 3 stars | 6 | $162 |
| 2 stars | 18 | $125 |
How expensive are sightseeing activities in Panama City?
Activities and things to do in Panama City can vary in price depending on the type of activity, length, and location. Below are a number of popular activities to give you an idea of what to expect when visiting. Generally, previous travelers have spent $19 per day on sightseeing activities and things to do when visiting, which is less than the country's average of $55.
- 3 Hour Cruise, Snorkel, Swim/float Sandbar - tandem tiki option: $80
- Famous Private Center Console Boat Tours of Panama City Beach: $295
- 2 Hour Dolphin and Sightseeing Tour in Panama City Beach, Fl: $72
- Lit on the Lagoon Glow and Tiki Bar Cruise Tour in Panama City: $65
- Discover Snorkeling Tour in Panama City: $65
- SkyWheel Panama City Beach Sunset Ticket: $23
- Self-Guided Bike Tour: Pedal At Your Pace: $28
- 2 Hour Private Dolphin and Sightseeing Tour in Shell Island: $65
Is food expensive in Panama City?
Food in Panama City can vary in price depending on the restaurant and food options available. Generally, other travelers have spent $66 on food per person per day, which is more than the country's average of $58. To save money, eat at less expensive restaurants, try street food, or cook your own meals when possible.
Is transportation expensive in Panama City?
The prices of local transportation in Panama City can vary by the type of transit used. Other travelers have spent an average of $48 on local transportation per person per day, which is more than the country's average of $46. To save money, take public transit whenever possible, as it will almost always be cheaper than a taxi or private driver.
More for Panama City
If you're planning a trip to Panama City, Florida, check out these other informative travel guides.
We've been gathering travel costs from tens of thousands of actual travelers since 2010, and we use the data to calculate average daily travel costs for destinations around the world. We also systematically analyze the prices of hotels, hostels, and tours from travel providers such as Kayak, HostelWorld, TourRadar, Viator, and others. This combination of expenses from actual travelers, combined with pricing data from major travel companies, gives us a uniqe insight into the overall cost of travel for thousands of cities in countries around the world. You can see more here: How it Works.
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.