How Much Does It Toll To Move Panama?
Updated: 2/20/2019 | Feb 20th, 2019
As occupation of my wishing to attain yous the best budget move tips I can, I’m continuing my informal serial on province costs. Everywhere I go, I write downward how much how much I spent together with create a particular post-mortem on my expenses then yous cash inward one's chips inward meliorate informed!
This time, we’re going to expect at the cost of traveling aroundPanama.
I visited Panama alongside the goal of spending entirely $35 USD per day.
How did I do?
I failed.
Miserably.
I spent $1,674.81 USD inward 28 days inward Panama, which is an average of $59.81 per day.
Why Did I Fail?
I ate practiced food. Lots of good, expensive food.
I flora every bit good many practiced restaurants inward Boquete together with Panama City – together with I couldn’t resist. (Plus, for a while, I was traveling alongside a daughter together with sometimes I was paying for two, which, additionally, meant I didn’t ever remain inward hostel dorms.)
But that doesn’t hateful traveling Panama is expensive.
While Panama is more expensive than other countries inward Central America, it is non the most expensive province inward Central America (I’d tell that is Costa Rica).
You tin watch Panama on a express budget – and, every bit a budget traveler, teach unopen to my master number.
How?
Here’s how:
How I Spent My Money inward Panama
First, let’s verbalize nigh how I spent my coin inward Panama together with why I failed inward a piddling flake to a greater extent than particular then yous tin teach an thought of what went wrong. Here’s how much I spent inward Panama during my trip, broken downward past times catagory:
- Food: $748.20 USD
- Accommodation: $608.20 USD
- Drinks: $142 USD
- Transportation: $131.41 USD
- Activities: $45 USD
As yous tin see, I spent most of my coin on nutrient together with accommodation.
But there’s no doubtfulness inward my hear yous tin create Panama for my master estimate.
If yous release the costs of my non-dorm accommodation ($250 USD) together with my upscale eating ($300 USD), my daily average becomes $40.17 USD, which is a lot closer to my master goal. Take away a few Western meals, some nights out, together with the taxis I poorly negotiated inward Panama City, together with you’re correct to a greater extent than or less $35 USD.
That is the backpacker budget for Panama.
At $35 USD a day, you’ll live staying inward hostel dorms ($10-20 USD per night), eating at small, local restaurants together with nutrient stalls ($4-6 USD per meal), taking local buses, keeping to entirely a few tours, drinking really piddling ($2 USD), together with peradventure having a squeamish repast 1 time inward a spell ($10-15 USD per meal).
On that “backpacker” budget, yous could create Panama on the inexpensive merely that would function out no room for whatsoever activities, nights out, shopping, or appeasing abrupt desires for pizza.
BUT I would tell that $40 USD per solar daytime is a meliorate budget for the backpacker. This way, you’ll receive got extra room for the accidental costs that ever come upward up on the route together with whatsoever last-minute changes or activities yous create upward one's hear to do.
I ever tell it’s meliorate to overbudget than nether budget.
Additionally, if yous wanted a slightly to a greater extent than luxurious trip through Panama alongside someone accommodation together with meliorate food, a budget of $50-60 a solar daytime is much to a greater extent than realistic. I never felt similar I wanted for anything or skimped on anything. That’s a mid-range budget. On that is yet inexpensive merely non every bit good cheap.
If yous wishing to remain inward 3-star hotels instead of hostels, I’d budget $100 per solar daytime or to a greater extent than for your travels to a greater extent than or less Panama.
How Much create Things Cost inward Panama?
To assist yous conception your trip to Panama, hither are some mutual prices yous tin occupation every bit a reference indicate when outlining your trip:
- Bottle of water/Cola – $1 USD
- Hostel dorm – $10-20 USD per night
- Local autobus ticket – $0.25 USD
- Cheap restaurant – $4-6 USD
- Mid-range restaurant – $20 USD
- Week’s worth of basic groceries – $25-50 USD
- Flight from Panama City to Bocas del Toro – $140 USD (one way)
- Bus from Panama City to David – $15-20 USD
- Bus from Panama City to Boquete – $20-25 USD
How to Save Money inward Panama
There are plenty of ways to relieve coin inward Panama together with lower the cost of your trip without sacrificing every bit good much of the quality. If yous move similar how the locals live, you’ll live able to afford anything here! Here are my superlative tips for saving money:
Eat at the local stands – Meals at local nutrient stalls cost $3–4 USD. You’ll teach rice, chicken, beans, together with peradventure some other side plus a drink. I didn’t honey the nutrient inward Panama, merely the prices made eating really cheap.
Avoid taxis – I flora taxis hither to live a consummate ripoff. As my friend JP says, “You teach gringoed.” They were also far to a greater extent than unwilling to negotiate than inward places similar Asia. I’d attempt to avoid them if at all possible. If yous create occupation them, hold inward hear that they are non metered then you’ll receive got to concur on a cost inward advance.
Car-share – If yous create bring taxis, portion your ride. Most taxis are commonly shared anyways. Drivers volition selection upward people fifty-fifty if someone else is inward the car. This reduces your cost since if he’s already going your way, he’ll live to a greater extent than inclined to attain yous a meliorate price.
Refill your water – In most of the country, yous tin potable the tap water. It won’t kill yous or build yous sick. There’s no withdraw to ever purchase novel H2O bottles. Save yourself a few dollars a day, together with create total upward from the tap.
Stick to beer – Beer is commonly $0.50-$1 during hostel happy hours. Otherwise, a local Panama or Balboa is $1.50. Mixed drinks are commonly $2-3. So stick to beer, pass less, together with relieve to a greater extent than without cutting into your practiced time.
Avoid hot water – Get rooms alongside cold-water showers. Hot H2O ever costs a lot more. It’s then hot hither anyway, you’ll hardly ever wishing hot water. Even I got used to cold-water showers, together with usually, I teach cranky without hot water!
Do Airbnb – If hostels are non your thing, occupation Airnb. It’s cheaper than traditional, expensive hotels together with incredibly widespread inward the country, particularly inward the larger cities.
Carry small-scale change – Most taxis together with small-scale shops won’t bring larger bills for small-scale purchases then build certain yous bear change.
Travel inward the offseason – Most people watch Panama betwixt Jan together with April. The conditions is drier during this fourth dimension merely prices volition live higher. Consider visiting during the rainy flavour (May-November) to relieve money. As long every bit you’re sticking to the coasts, the rainfall volition live brief together with you’ll receive got plenty of fourth dimension to relish the sun.
Embrace the bus – Long-distance buses inward Panama are a few steps higher upward the infamous “chicken buses” then oftentimes flora hither inward Central together with South America. While a far outcry from luxurious, they are practiced plenty for long distance journeys if you’re on a budget (there are yet plenty of chicken buses though if yous wishing to attain them a try!).
Stay alongside a local – There are tons of hosts (and lots of community events) inward the larger cities of Panama, making this a non bad province to Couchsurf in. Pick upward some tips together with relieve some coin past times staying alongside a local!
Barter hard! – If you’re hopping ferries to a greater extent than or less Bocas del Toro build certain yous barter hard. Much similar the taxis inward the city, you’ll probable live charged to a greater extent than than the locals then barter difficult together with build certain yous know what yous should live paying.
Panama doesn’t withdraw to live that expensive. It’s never going to live ultra-cheap merely if yous tin hold your accommodation costs downward together with avoid the actually high-end restaurants, you’ll relieve a lot of coin inward the province as, for the most part, attractions, transport, together with local nutrient are all really cheap.
Book Your Trip to Panama: Logistical Tips together with Tricks
Book Your Flight
Find a inexpensive flying past times using Skyscanner or Momondo. They are my ii favorite search engines because they search websites together with airlines to a greater extent than or less the globe then yous ever know no rock is left unturned.
Book Your Accommodation
You tin mass your hostel alongside Hostelworld. If yous wishing to remain somewhere other than a hostel, occupation Booking.com every bit they consistently furnish the cheapest rates for guesthouses together with inexpensive hotels. I occupation them all the time. My favorite house to remain is:
- Hostel Mamallena (Boquete) – This is a practiced hostel to run into people inward every bit it’s quite social together with they receive got some cozy mutual areas, including a garden together with terrace. The staff are non bad too!
- Lunas Castle (Panama City) – This hostel is inward an sometime colonial edifice which is quite cozy. They are gratis WiFi together with gratis coffee, tea, together with pancakes. What to a greater extent than create yous need?
Don’t Forget Travel Insurance
Travel insurance volition protect yous against illness, injury, theft, together with cancellations. It’s comprehensive protection inward illustration anything goes wrong. I never continue a trip without it every bit I’ve had to occupation it many times inward the past. I’ve been using World Nomads for 10 years. My favorite companies that offering the best service together with value are:
- World Nomads (for everyone below 70)
- Insure My Trip (for those over 70)
Looking for the best companies to relieve coin with?
Check out my resource page for the best companies to occupation when yous travel! I listing all the ones I occupation to relieve coin when I move – together with I retrieve volition assist yous too!
Looking for to a greater extent than data on visiting Panama?
Check out my in-depth destination conduct to Panama alongside to a greater extent than tips on what to see, do, costs, ways to save, together with much, much more!
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