So, how much does it cost living or just even touring on Panama? This could be the most trending or important question upon planning a tour on vacation. Because we know that going to a place we’re unfamiliar of is a risky thing to do and we must be very prepared especially when it comes to finances. It’s real hard to run out of money in a foreign land.
In 1914 when the Panama Canal was constructed, the country has been a very important when it comes to international shipping industry. Since then, the country became a famous tourist destination for tourist and retirees due to cheaper American flights. But then, the cost of living in Panama is still higher than that of other countries in America like Nicaragua.
Here are some of the usual prices that you can get for services offered:
Room accommodations. Throughout Panama, the average budget room rate is around US$10-20 for a single night. On the other hand, if you are looking for a private room, prices start at US$25. For the past few years, several hotels in places in Panama offered room accommodations at a very low price, even less than $10. Renting houses in Boquete for long periods of stay are also popular.
Transportation. Buses and taxi rides come at a reasonable price. In fact, a trip around the country by bus will cost you around $10-20, while overnight ones cost $25. If you are a thrift rider, you’ll just probably travel a day in Panama by around $20-$30.
Food. Food is indeed one of the major reasons for spending on a trip. As for Panama, restaurants are serving comida corriente or set meals wherever you are for just about $2-$4. This serving usually comprises of rice, chicken and beans. However, if you want a more class cuisine with wine, expect to pay $30-40.
As for a tip, you’ll get the most of your money in Panama if you’re going to share the expense with others. For an instance, a double room is definitely cheaper than that if you’ll have it alone. Excursions and hikes are also cheaper for groups. Another is to make sure that the room you have rented does not have hot water showers. The climate in Panama is usually hot that’s why hot waters are of no use. Besides, it’ll just cost you extra price.
Image credits: destination360.com
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