There is some difference in the coin currency, but the value and size remains the same. You can face a fine if youre caught smoking in a non-designated area. Traditional handicrafts, such as woven baskets and hats and hand-carved wooden figurines, are popular souvenirs that you can find at local markets. If you are drinking in the evening then stick to well-known areas such as the old town. Save my name, email, and website in this browser for the next time I comment. Panama City is one of the most cosmopolitan, culturally distinct, and enjoyable capital cities in all of Central America. For more information on the Blu Hostel click here. Plan your trip with these 13 unmissable places to visit. The Best Hostels for Backpackers, Students, and Budget Travellers in Panama. When trying local food, be sure to ask the locals for recommendations. However, before you pack your bags and head to this Central American country, its essential to understand the costs of traveling to Panama. From the vacation of a lifetime to the life of a digital nomad, we've got everything you need to know about entry requirements for Panama. Mortgage Interest Rate 5.12%. The country has many influences which are shown through traditional craft and art, food and music. It's fine to explore in the day, but dont flaunt expensive equipment or jewelry. Where To Stay In Boquete Panama: The Ultimate Hotel Guide (2023), Is Panama City Worth Visiting In 2023? Smoking is prohibited in all indoor public spaces, hotel rooms, workplaces, public transport, outdoor dining spaces and sports venues. Panama offers a variety of options for every budget. Panama has a modern and efficient transportation system, making it easier for travelers to get around and explore the country. Conclusion: Is Panama Worth Visiting In 2023? For more information on Agartha Hostel and Camping click here. By following these tips and planning ahead, you can make the most of your trip and create memories that will last a lifetime. This is amazing! If youre looking for more comfort and amenities, mid-range hotels and restaurants will be your best bet. A Guide to Visiting Phuket Old Town In 2023 Is It Worth It? And if youre a coffee lover, be sure to pick up a bag of Panamanian coffee to take home with you. For more information on Nao Venao, Boutique Hostel click here. If youre in town to party, the Marbella and Bella Vista neighborhoods have great access to the bars and clubs on Calle Uruguay. I also included surf boat rentals in this category. Find out all the information you need to know to make it happen! Alongside Panama City, a few of our favourites were Playa Venao and Boquete, adding these places to your list definitely makes Panama worth visiting. My total transportation costs within Panama were $133,5. For those seeking luxury accommodations, there are plenty of fancy resorts that offer all the amenities, which can cost over $100 per night. I felt completely safe - except for Coln, who is dirty and poor. In 17 days I spent $186,5 which is a total of around $11 a day. Pickpocketing is common in crowded areas of Panama City, including bus stations, markets and shopping areas, so keep your valuables safe. That can be avoided for example. Accommodations, food, and activities are often higher in cost, with prices ranging from $50-$150 per day. Like many countries in Central America, (especially San Gil in Colombia) Panama is great for adventure sports such as kite surfing, ziplining through Panamas tree-tops, waterfall trekking and white water rafting! Required fields are marked *. LGBTIQ+ travelers are unlikely to encounter prejudice, and discrimination based on sexual orientation and gender identity is prohibited by Panamanian law. Panamanians love to party, and barely a week goes by without a fiesta, from La Feria de las Flores y del Caf in Boquete to the countrywide Carnaval, whose largest and loudest celebrations are in Las Tablas on the Pennsula de Azuero. Becky is a business graduate, working full-time in Marketing and trying to travel whenever possible. This includes for example postcards, a T-shirt or even doing laundry. North of 5 de Mayo, Avenida Central strikes into Calidonia district with street vendors and hustle. Glossy showrooms, high-rise condos and luxury shopping malls illuminate Panama Citys banking district. You can also find many street food vendors and local restaurants that serve delicious and affordable meals. Mid-April to early December is the cheapest time to visit Panama City, as long as you dont mind getting soaked by the rain. You can visit museums and art galleries, attend festivals and concerts, or simply wander through the streets and soak up the local culture. How Expensive is Travel in Panama? We always negotiate everything in advance, be wary of pickpockets and dont accept free drinks. You should take a day or two to relax and acclimate to the heat if you come from a cold-weather country. The Panama Canal is a must-see attraction, and entrance fees are $20 for adults and $12 for children. Not only are mosquito bites itchy, but they can also spread diseases such as dengue fever, so use a heavyweight bug spray, especially if youre heading to the jungle. Theres also Easter, Christmas and New Years. If youre a fan of rum, be sure to try the local favorite, Ron Abuelo. Roads that lead to the rainforest. Once youve taken care of your transportation and accommodation costs, youll need to think about your daily expenses while youre in Panama. Casco Viejo is one of the top 10 experiences in Panama City. The town is well-developed for tourism with cafes, restaurants and bars. Old-school taxi scams that involve going around the houses to increase the fare can happen anywhere in the world, but in Panama City, its common for taxis to simply overcharge. Although Panama City is steeped in narco dollars, Panamanian society frowns on drug use, and the law does not tolerate it. No, Panama is not expensive to travel if you read below to learn some tips and tricks about backpacking Panama on a budget. Many decent restaurants are dispersed throughout the banking district but are not always within walking distance. Theres a lively gay scene in Casco Antiguo and El Cangrejo. Sat at the crossroads of the Americas and connecting two oceans, did you know that beyond its cosmopolitan capital and legendary canal, its a biodiversity hotspot? Transportation is not that expensive in Panama if you mainly stick to public transportation. Panama is famous for its rum, so be sure to sample some of the local varieties. For a basic link, you can copy and paste the HTML link code or this page's address. Dont be fooled by its location. The Seline hostels are a group of hostels located throughout Central America and are generally trendy and busy hostels. The crime rate in Panama is low to moderate with most crime happening at night. There are no roads in this area and public transportation does not connect the two countries. The cost of travel in Panama City will depend on your travel style and preferences. Do I need a visa to visit or work in Panama? For those seeking luxury and high-end experiences, Panama has plenty of options. I only managed to do that for Panama though and then gave up on it when I moved on to Costa Rica , Becky, you literally made my day. So, in 2019, it bought . Im sure Panama can be done a lot cheaper. Panama City suffers from flash floods during heavy downpours. You'll need to show your ID and sign a register if you pay for anything with a higher bill than USD$20. If you get caught in a storm, you could end up wading through deep puddles. I toured Panama alone with my nine-year-old son for three months in 2018, and then a month in 2019. We ate local food instead of heading to western restaurants which also helped keep the costs down. When planning your trip to Panama, its essential to factor in all the costs associated with travel. I didn't feel safe. Belize is a top destination for snorkeling and diving, but its also one of the more expensive countries in Central America. Plan the best time for your visit to Panama with this seasonal guide to weather and events through the year. Explore a secret mountainous kingdom in Africa, an underwater museum in Australia, a medieval fairytale town in Europe and learn how your visit can benefit local communities when you go beyond classic bucket list places with this inspiring travel guide. Panama City is an urban hothouse scratched out of the jungle. Generally the border crossing are smooth and efficient with few delays. How much does it cost to go to Panama? For example, if youre an outdoor enthusiast, you can explore the lush rainforests, hike to stunning waterfalls, or even go zip-lining through the treetops. That being said, if youre planning a holiday to Panama or its somewhere thats been on your list for a while then I would definitely recommend visiting Panama regardless of the cost. Plan ahead if you want to party Panamanians love to party, and barely a week goes by without a fiesta, from La Feria de las Flores y del Caf in Boquete to the countrywide Carnaval, whose largest and loudest celebrations are in Las Tablas on the Pennsula de Azuero. We spent one night in Selina Playa Venao and thought it was lovely, but it was out of our budget and so we had to move. Its very clean and green with sweeping views, misty rainforests, tropical beaches, history, culture and lots of wildlife. Youll also have a better chance of experiencing the local culture without the overwhelming presence of other tourists. It's safe to travel alone. The city is quite expensive and this is a good way to keep costs down. Organised tours are a good way of getting to see some amazing parts of the country and also to meet new people. By doing so, you can create a realistic budget and avoid any unpleasant surprises during your trip. Buy a three-in-one Rapi-pass upon arrival and gain access to Metro trains and buses and the departure gates at Albrook bus station. With a combo of heat and humidity, its important to keep hydrated, particularly if you plan to get active. If you have your own private vehicle it is also possible to take it across the border. If youre looking for budget-friendly options, hostels and guesthouses are a great option and can cost as little as $10-$15 per night. Mid-range travelers can stay in budget hotels or apartments, which will cost around $40-$60 per night. Panama City Spanish is Caribbean Spanish, extremely fast and heavily laden with jerga (slang). If we had a bigger budget, we would have stayed for a bit longer. Is it Expensive to Travel in Panama? You are welcome to reference or display our travel costs on your website as long as you provide a link back to this page. From Aarhus to Zanzibar, here's our pick of the best places to visit in July 2023. Prices were available within the past 7 days and start at $148 for one-way flights and $277 for round trip, for the period specified. Due to this Panama attracts many naturalists which in turn has influenced the Panamanian Government to take serious measures in preserving their wildlife. The hats are made from toquilla palm and originally worn by men, they are wide-brimmed and strawlike hats. The cost of your flights will likely be the biggest expense in your travel budget. You can also indulge in fine dining at some of the citys top restaurants, which serve a mix of international and local cuisine. Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Then, youll need to calculate the cost of your accommodations, transportation within the country, daily expenses such as food, sightseeing, and activities, and souvenirs. Nicaragua or Guatemala have a lot more to offer.But it's worth seeing. This article was first published May 2022 and updated May 2023. You can expect to pay around $30-$40 per day plus gas and insurance. So if youre trailing alone this is a good place to meet people! This is What I Spent! This has been the epicenter of prodigious real estate development in recent years. Taxis and buses are readily available and offer affordable transportation options. Overall, Panama offers a range of luxurious experiences that cater to the most discerning travelers. We opted for the private room however, they do have dorms, the price was really reasonable and we had no troubles at the hostel which was kept clean. Taxis arent metered, official rates are usually ignored, and tourists are routinely overcharged; ask a local for an idea of the cost in advance. Sailing The San Blas Islands Of Panama 2023 Is It Worth It. It gives a good idea of how much one should expect for Panama. If the police find you in possession of even small quantities of marijuana, you could spend several years in a Panamanian prison. The downtown district has many rooftop bars which provide excellent panoramic views over the Panama skyline. Avoid carrying all your credit cards at once, or wads of cash, and if you need an ATM, try to use one inside a bank during the day. Apr 23, 2023 6 Min read. If youre looking for more upscale dining options, prices can range from $30-$50 per person or more. If Spanish is not your first language, you may struggle to catch it. Visiting or Living In Bali On A Budget 2023. We love reaching a waterfall at the end of a long hike and if you do too then a visit to Panama is worth it! If you prefer purified water, you can refill at the 20-liter garrafones in most hotel lobbies. ), buco (a lot), and pinta fria (cold beer). Are There Any Reasons Panama Isn't Worth Visiting? The cost of a taxi ride in Panama is significantly more than public transportation. Panama is known for its high-quality coffee, and you can find it at local markets and coffee shops. . Make your travel budget go a little farther with insider tips from our weekly newsletter delivered to your inbox. There are a few bays tucked away which are great for beginner surfers but also more exposed spots for advanced surfing. Wow, quite expensive! When it comes to accommodations, Panama offers a range of options to suit every budget. Uber is a better bet, available in Panama City (although drivers are often willing to go cross-country), along with UberEnglish for non-Spanish speakers and UberAssist for people with mobility issues. Panama is a small country but has a lot of places of interest. You can pick up cheap street food during the day when kitchens open for local hospital staff and civil servants. (+ 13 Things To Do). Now in this category you will find everything that does not really fit anywhere else. Sugar-white beaches. Here's how to visit this Central American gem on a budget. Panama takes its drug laws very seriously. The old town in Panama City (Casco Viejo) is a beautiful place to head to learn about Panamas history. The 6 Best Hostels in Panama City, Panama, How to Tour a Coffee Plantation in Panama. Overall, you can expect to spend around $30-$40 per day on food, accommodations, and activities. Food wise I lived pretty cheap but it is definitely possible to cut down on accommodation costs. Hostel rooms are typically the cheapest option, but hostels can be more social than hotels. Are you heading to Panama in the near future and are wondering how much money to save up in advance? However, most people go to Panama to see the stunning quetzal, while other species such as saw-whet owls and hummingbirds are also much loved. During the off-season, youll also have the added benefit of avoiding the crowds. By clicking the link and making a purchase, we may receive a small commission, but this does not affect the price of your purchase. Additionally, Panama has a more diverse range of activities and experiences to offer, from exploring the Panama Canal to visiting indigenous communities. Be sure to check online for discounted rates on flights, hotels, and activities. In Panama, travelers can explore rainforests, relax on beaches, and participate in eco-tourism activities at a lower cost. Read our Privacy Policy. No part of this site may be reproduced without our written permission. My total was $88,5, which sums up to daily costs of $5,2. Report a crime by dialing 511 9260 (the Tourist Police in Panama City) or 104 (National Police), and keep the number of your embassy handy. I was taking public transportation for most of it, expect when I arrived at the airport late I got a cab and then from Santa Catalina to Boquete I treated myself with a shuttle, as I didnt feel like changing busses three times. There's also Easter, Christmas and New Year's. Scams are quite common in Panama and so its crucial you keep your wits about you, always double-check your change and never pay anything upfront. But food in Panama is not just about affordability, its also about quality. Costa Rica is expensive. The cost of flights will vary greatly depending on your departure point, travel dates, and airline choice. Panama arguably has the better beaches, shopping, and cities, with its capital - Panama City - one of the cultural hubs of Central America. Wear light clothes and a hat to keep the sun off your face. One of the best ways to save money while traveling is to eat and drink like a local. Also more save at night time. Panama by car beats all else as these 6 road trips show. Finally, be sure to try the local drinks. There are also many free or low-cost activities to enjoy, such as hiking, visiting museums, and exploring local markets. For nature lovers, a visit to the Soberania National Park is a must. I expected it to be quite cheap which was not really the case. Prices for this tour start at $60 per person. From budget-friendly hostels to luxury resorts, you can find a place to stay that fits your needs and preferences. From fresh seafood to traditional Panamanian dishes, theres something for everyone. Well, you've just got to deal with it! The countrys tropical climate means two seasons hot and dry from December to April and hot and wet the rest of the year. We've got the lowdown on everything you need to know before visiting Panama Mark Read / Lonely Planet, 17 things to know before traveling to Panama. This is the most popular time to visit too so expect prices to be higher. Consider three levels of comfort found several years ago on a small island along Panama's east coast. There is no denying its a beautiful country. How Many Days Do You Need To Visit Panama? 01 of 18. You should also set aside some extra money for unexpected expenses and emergencies. Panama City is a fast-paced urban dynamo thats quickly becoming a Central America powerhouse, but it's not the only place on the isthmus worth visiting. Tips arent compulsory, but they are welcome. Budget travelers can expect to spend around $50-$75 per day, while luxury travelers can expect to spend upwards of $300 per day. Put these numbers on your website. That money is used for covering hosting costs for the website and to keep the blog running. In my experience, Panama is both very expensive and dirt cheap. Be wary of strangers who tell unfortunate and earnest stories that end with them asking for money. Panama has a wild coast along the Pacific Ocean (as well as boarding the Caribbean Sea), which makes for crazy surfing. Accommodations, food, and activities can be found for as low as $30-$50 per day. Panama is also well known for the Panama Hats, which surprisingly originate from Ecuador. In this post, I will share my views on Panama and why we believe Panama is worth visiting, especially if youre not on a budget. Or that this narrow isthmus produces some of the worlds finest and most expensive coffee? Past travelers have spent, on average, B/.23 ($23) on meals for one day and B/.11 ($11) on local transportation. 1. Foreign visitors are asked to carry their passports at all times, and the police sometimes check, but its safer to carry a photocopy or photo of the opening pages and entry stamp and leave the real thing somewhere secure. Today, things have somewhat improved, but there are still pockets of the old neighborhood where you should exercise caution. The infamous Darin Gap the land link between Central and South America is a mash-up of impenetrable jungle, primordial swamps, poisonous snakes and dubious characters, and theres no road crossing. Panama is not an expensive country, especially by North American or European standards. You can take the local bus, which is called a diablo rojo and is a colorful, converted school bus. It has a mild climate and is located completely outside the hurricane belt. However, Panama is not a cheap destination. This cost is from the reported spending of actual travelers. Find the best hotel for your travel style. Additionally, many restaurants and tour operators offer discounts during this time. Is Panama cheap or expensive? Taxi drivers dont expect a tip, but you can round up the fare, and if someone helps you with your luggage, give them around $1 to $2. Jenna is a published travel writer who has journeyed to over 38 countries. Is Panama City worth visiting? Panamas yellow licensed taxis can be a wallet-friendly way to get around but dont forget to negotiate a fare before you set off. As with most places we visit, I wouldnt walk alone at night either. If you want to visit both countries I would suggest spending two weeks in each. Its wonderfully mountainous with green rainforests and idyllic coasts, teeming with wildlife, history and an ever-growing mix of culture. The cost of your flights will likely be the biggest expense in your travel budget. Be prepared for your visit to Panama City with this guide to things to know before you go NeblettStudio / Shutterstock, 16 things to know before you visit Panama City, Panama. Always greet people buenas is a catch-all term for hello and dont forget to say please (por favor) and thank you (gracias). ), stay at backpacker hostels, and enjoy the amazing free activities that Panama offers. The humidity during the wet season can be quite off-putting but if this is something which would affect you then make sure to visit during the dry season. For more information on Selina Boquete click here. Average salary in Panama amounts to around 800$, so - considering the prices here - one can live a comfortable life in this city. How many days do you need in Panama? So, we decided to plan a trip to Panama. Whether youre looking to bask on idyllic beaches, sail to remote atolls or spy ferocious predators, here are our picks of where to go in March. For those who want to explore more of the countrys natural beauty, renting a car is an option, but its more expensive. If youre staying in Casco Antiguo, the 20-minute walk from the nearest Metro train station, 5 de Mayo, is risky at night. The usual amount for a tip in Panama is 5% - 15%. It also has a large expat community because of its low cost of living and the ease at which you can get around. Prices vary by location, date, season, and the level of luxury. A vacation to Panama for one week usually costs around B/.549 for one person. The hostel was made from containers turned into rooms and entertainment areas. Im really bad in cooking so I probably just cooked my own food twice. In contrast to popular belief it doesnt rain all day, often only light to intense periods of rain for a few hours at a time, rather than continual rain. As in any big city, steer clear of poorly lit streets or wandering around dodgy neighborhoods alone after dark. Thanks! That being said, there are a couple of great choices, and if you dont mind walking a little to the beach and shops then Nao Venao Boutique Hostel is a great place! Overall, Panama is a fantastic destination for travelers who want to experience all the beauty and culture of Central America without breaking the bank. I always look for the ways to travel smartly, not to waste money on unnecessary things. Average Salary $794.92. For this reason many people pick it as their first destination in the region. Though travel was still . I didnt end up going out as often, but sometimes we would just have a beer at night after a long day of surfing in Santa Catalina. Editorial Note: Earth Curious contains affiliate links. If youre planning a backpacking trip or travelling on a budget then Panama might be a country you want to miss! Use a taxi or an Uber instead. On average, past travelers have spent B/.11 per person, per day, on local transportation in Panama. One Week For a couple B/. Hotel prices often double around public holidays and can be booked out weeks in advance. With its tropical climate, beautiful beaches, and vibrant cities, Panama has something to offer every traveler. Street food is often more affordable than sit-down restaurants, and local beers and spirits are cheaper than imported brands. Attitudes in rural Panama are somewhat conservative but less so in Panama City. One of the best things about visiting Panama is the variety of activities available to travelers. Pack high-factor sunscreen and hot-weather clothes, but carry something for the icy air-conditioning and high altitudes, and sturdy boots if youre planning any hardcore hikes. Price wise it is still cheaper than Europe, especially public transportation is really cheap but it is not comparable with any prices in South East Asia. 15 Things you Should know Before Traveling to Two Weeks in Panama The Perfect Panama 25 Differences Between American and German High Schools, 25 Things you Should know Before Travelling to South Korea, Moving to the Netherlands as an EU citizen, Two Weeks in Panama The Perfect Panama Itinerary. Tap water is normally safe to drink, especially in cities, but if youre going off the beaten track, avoid plastic pollution and invest in a water-filter bottle, which you can fill up from any water source. Going (Scotts Cheap Flights) Review: Is This Flight Tool Worth Using? On average, people spend B/.3.27 on bottled water in Panama per day. If youre looking for adventure, there are plenty of options in Panama. Whether youre exploring the city or heading out to the countryside, you can get around without spending a fortune. Zip-lining through the rainforest is a popular activity, with prices ranging from $30-$50 per person. deffo a place i still need to go. Panama is best known for the Panama Canal, which is 82 km of (partly) artificial waterways connecting the Pacific Ocean to the Atlantic Ocean. Make sure that you keep the link back to our website intact. Prices range from 70 to 200 dollars. Discover the cost of traveling to Panama with our comprehensive guide. One of the things that make Panama worth visiting is the Panama Canal. This has helped to grow Panamas economy turning it into a central hub for trade and services. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were turned over to Panama by or on 31 December 1999. The government seem to be implementing a lot of sustainable regulations too, its currently one of only three carbon-negative countries in the world.