Cost of Living Overview in Panama City, Panamá, Panama
1. Balboa Avenue Market
A bustling open-air market offering fresh produce at affordable prices. Ideal for budget travelers to stock up on groceries.
- Variety of Goods: Wide selection of local and imported goods
- Affordability: Prices significantly lower than supermarkets
- Local Experience: Authentic Panamanian shopping experience
2. Metrobus Public Transportation
Efficient and affordable public transportation system that connects key areas in Panama City.
- Affordability: Much cheaper than taxi services
- Ease of Use: User-friendly bus routes and schedules
- Environmentally Friendly: Reduces carbon footprint compared to private vehicles
3. El Chorillo Local Eateries
Authentic Panamanian food establishments serving delicious and affordable meals in the historic district of El Chorillo.
- Culinary Delights: Traditional dishes such as Sancocho, Ceviche, and Empanadas
- Budget-Friendly: Affordable prices for travelers on a tight budget
- Local Atmosphere: Experience Panamanian culture while dining
4. Albrook Mall
One of the largest shopping malls in Central America with a variety of shops and restaurants.
- Shopping Variety: Wide range of local and international brands
- Affordable Prices: Competitive prices on goods compared to other countries in the region
- Entertainment Options: Cinema, bowling alley, and children's play areas
5. Panama Viejo Ruins
Historic site featuring the remains of Panama City's original Spanish settlement with affordable admission fees.
- Historical Significance: First European city on the Pacific coast of the Americas
- Affordable Entrance Fee: Admission price is reasonable compared to other tourist attractions
- Architectural Beauty: Impressive stone buildings and churches dating back to the 16th century
6. Amador Causeway
A scenic promenade offering stunning views of the Panama City skyline and the Pacific Ocean. Ideal for budget-friendly outdoor activities.
- Stunning Scenery: Breathtaking sunsets over the ocean
- Affordable Activities: Free to walk or bike along the causeway
- Local Cuisine and Drinks: Casual eateries and bars along the promenade
7. BioMuseo
Modern museum showcasing the natural history and biodiversity of the Panama Canal region. Affordable admission fees make it accessible for budget travelers.
- Biodiversity Education: Learn about the unique ecosystems in Panama
- Affordable Entrance Fee: Reasonable prices compared to other museums
- Immersive Exhibits: Interactive and educational displays
8. Miraflores Locks Visitor Center
Observation center overlooking the Panama Canal locks with affordable admission fees. Ideal for budget travelers to witness this engineering marvel.
- Engineering Marvel: Watch massive ships pass through the locks
- Affordable Entrance Fee: Reasonable prices compared to other tourist attractions
- Informative Exhibits: Learn about the history and significance of the Panama Canal
9. Ancon Hill
Hiking trail offering panoramic views of Panama City and the Pacific Ocean. Ideal for budget-friendly outdoor activities.
- Stunning Scenery: Breathtaking sunsets over the city skyline
- Affordable Activity: Free to hike Ancon Hill
- Outdoor Exercise: A great way to explore the city while getting some exercise
10. Veraguas Province
Rustic region offering affordable accommodations and local experiences for budget travelers seeking an authentic Panamanian getaway.
- Authentic Local Experience: Immerse yourself in rural Panama
- Affordable Prices: Lodging, food, and activities are cheaper than in Panama City
- Natural Beauty: Stunning beaches, rainforests, and wildlife
11. Panama City Beach Hostels
Affordable hostel accommodations offering budget-friendly lodging in Panama City.
- Budget-Friendly Accommodation: Affordable prices for shared dormitories or private rooms
- Social Atmosphere: Meet fellow travelers and make new friends
- Central Location: Conveniently located near popular attractions and amenities
12. Canglon Restaurant
Authentic Chinese-Panamanian restaurant offering affordable and delicious meals in the heart of Panama City.
- Culinary Delight: Unique fusion of Chinese and Panamanian flavors
- Budget-Friendly: Affordable prices for delicious meals
- Local Atmosphere: Experience Panama's Chinese community culture while dining
13. Metro Park
Urban park offering affordable outdoor activities and beautiful landscapes in the heart of Panama City.
- Stunning Scenery: Lush gardens, waterfalls, and hiking trails
- Affordable Activity: Free to enter and explore the park
- City Escape: Escape the hustle and bustle of the city while staying within its borders
14. Casco Antiguo Bars
Historic district bars offering affordable drinks and a lively atmosphere. Ideal for budget travelers seeking a night out in Panama City.
- Affordable Drinks: Reasonably priced cocktails and beers
- Local Atmosphere: Experience the charm of Panama City's historic district
- Lively Social Scene: Meet locals and fellow travelers while enjoying a drink
15. Mercado Artesanal de Albrook
Indoor market offering affordable local crafts, textiles, and souvenirs. Ideal for budget travelers seeking unique mementos of their trip.
- Unique Souvenirs: Authentic Panamanian handicrafts
- Affordable Prices: Competitive prices compared to other tourist shops
- Local Experience: Interact with vendors and learn about their crafts