Now, let's talk about how much you can expect to spend per day in Panama. The total cost of the trip here is just right for the region and comparable to that of Bocas del Toro or Belize City. This combination of actual traveler expenses, combined with price data from major travel companies, provides us with a unique view of the total cost of travel in thousands of cities in countries around the world. This way, you'll have more space for the unforeseen expenses that always arise while you travel and for any last-minute changes or activities you decide to carry out.
Located in Panama, which is a reasonably affordable country, visitors will appreciate the relatively low cost of this destination. As part of my desire to give them the best economic travel advice I can, I am continuing my informal series on country costs. The color of each marker corresponds to the cost of living in the city. The red markers show the most expensive cities, the green ones show the cheapest cities.
When you move the mouse over a city, its name and the cost of living index for that city will be displayed. Once the reference point has been established, the price index value of all other cities in the database is calculated by comparing their cost of living with the cost of living in Prague. The more places you visit, the higher the daily price due to rising transportation costs. While Panama is more expensive than other Central American countries, it is not the most expensive country in Central America (i.e., Costa Rica). Sure, it's one of the most expensive countries in the region, but it's very easy to travel cheaply here if you plan ahead, limit your meals out (and drinks), and stick to cheap accommodation.
