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Panama City Prices

What Are the Prices in Panama City (Panama)?

Examples of prices for food, hotels, cafes, entertainment, and transport in Panama City for 2024.

National currency: Balboa, symbol — (international currency code PAB).

Food Prices

Average prices in Panama City cafes and restaurants
$10 
Quick Lunch for One
Starting from $5.5
$60 
Dinner for Two
to celebrate your trip
Starting from $40
$7 
Combo Meal
Starting from $6

Hotel Prices

Average daily price over the past year based on hotel booking data

$49 
Hostels and 1-2 Star Hotels
Starting from $41
$65.4 
Decent 3-Star Hotels
Starting from $33.47
$125.2 
Good 4-star hotels
Starting from $36.23
$212.6 
Luxury & Boutique Hotels
Starting from $134.77

Transport Prices

Average taxi and public transport fares in Panama City, plus gas prices
$12 
Average taxi ride
Starting from $3.5
$0.4 
Public Transport Ride
$1.1 
1 liter of gasoline
Starting from $0.91

Drink Prices

Average prices for beverages
$3.6 
Cup of cappuccino
Starting from $2
$1.4 
0.5L Water
Starting from $1
$2.5 
0.5L Local Beer
Starting from $1.5

Clothing Prices

Sample Clothing Prices for Shopping
$54.9 
Jeans
Starting from $35
$42.8 
Dress
Starting from $10
$75.2 
Sneakers
Starting from $40


Flight Prices

Select your city for more accurate prices

General Prices

Overall price vibe of the city
Quick Lunch for One: $10
Dinner for Two: $60
Combo Meal: $7
0.5L Local Beer: $2.5
Cup of cappuccino: $3.57
Cigarettes: $5.75
Entertainment & Shopping
Movie Ticket: $6.38
Jeans: $54.85
Dress: $42.82
Sneakers: $75.19

Various Monthly Prices
Average Salary per Month $830.95
Rent for 1-bedroom in the City Center per Month $926.96
3-bedroom in a Residential Area per Month $968.5
Monthly Transportation Pass $25
Gym Membership: $37.23


Tourist Reviews

All photos and texts belong to their authors
@chursin_ds
« The Panama Metro is completely new, having opened around 10 stations. The trains are Alstom models, very fast and smooth. The fare is $0.50. »
@rafaelsalahov
« The pride of Panamanian women is the pollera. This traditional dress, known since the time of the conquistadors' colonization of America, today can cost several thousand dollars. A set of gold and pearl jewelry is even more expensive, with prices reaching up to $15,000. Crowned on the beauty's hairstyle is the peineta de balcón—a comb made from tortoiseshell with a gold plate. It’s adorned with pearl flowers and a couple of dozen gold pins, one of which resembles a dagger. The intricate details extend to several layers of hanging accessories, such as "duck's tail," "orange slices," and "salomonica" (a twisted chain reminiscent of the columns that were believed to be in Solomon's Temple in Jerusalem)... With such an expensive outfit, girls make every effort to showcase it at every opportunity. One such occasion is the January Pollera Parade, where the main beauty is chosen, further adorned with a golden crown. »