In Panama we spend 1070 euro for 24 days so 22.30 euro per person per day. Although it's not visible in the budget, it's not a cheap country compared with Colombia or other South American countries. But we saved a lot of money by volunteering for 2 weeks.
Where did we go?
In Panama we visited Bocas del Toro region, Valle del Anton and Panama City.
How did we travel?
Long distance travel we did by buses but in Panama City we used mostly Uber both for transport and a nice conversation 🙂 in the area of Bocas we had to use boat taxis. All of that fun transport costed us 92 euros.
Example: Bus from Almirante (mainland next to Bocas del Toro) to Panama City costed 13.9 dollar (round 12 euro) per person and it was an overnightbus. Uber taxi from our hostel in Panama City to the Canal (which was the most expensive fare ever because we stopped in a few places and saw the Canal from a lot of viewpoints) was 16.11 dollars (around 14 euro) and a ride from our hostel to the city center or other parts of the city was about 3-5 dollar (around 2.8 - 4.4 euro). Boat taxis in Bocas were around 3-5 dollars (2.8- 4.4 euro)
Where did we stay?
On accommodation we spend 296 euro spending 4 days in a private room on Bastimentos (Bocas del Toro) and
the rest in cosy dorms in El Valle and Panama City.
Examples: private room on Bastimentos was 45 dollar (around 39 euro) per night per room and a bed in dorms were around 15 dollar per night (around 13 euro) although we volunteered for two weeks so we didn't pay for our cosy bed during that period.
What did we eat?
As usual we mostly cooked ourselves but really good food, we are not instant noodles type of people:) that's how we spend 343 euros. Unfortunately fresh vegetables and fruit is not cheap in Panama, it also didn't help that the closest supermarket in Panama City was kosher.... (yep it was a shock for us too).
On Bastimentos we didn't have a kitchen so we had to eat out and we also treated ourselves with a nice meal in Panama City so all of that resulted in 266 euros. Few of those euros came with ice cream so necessary in such a warm country:)
How expensive are museums, tours etc?
On tourism we spent 66 euro taking a tour on Bocas del Toro to an idyllic beach of Isla Zapatilla. Except for that we did mostly hikes and the nature we saw was for free:)
What else did we spend our dollars on?
6 euros went on peeing in public toilets and putting stitches on JD's head.
Our tips to save money in Panama:
- Cooking on your own is the best way to save money. It's healthier, often more delicious and almost always cheaper
- If you don't want to use public transport in Panama City, use Uber! It's easy, fast and very safe. And it's not very expensive especially if you travel with the 2 of you or more.
- Volunteer! We did that and it not only saved us some money but it gave us the opportunity to meet incredible people and stay longer in places. We used workaway to volunteer in El Valle in Panama.
P.S. Exchange rate used for the overal budget 1 USD= 1.11EURO
If you have any questions or you would like to take a look at our spreadsheet, let us know:)
It’s a big business from both sides so some people don’t even respond or places are booked few weeks in advance. So to be sure you get something you always have to write to a few hosts and always a few weeks before. Don’t forget that some people earn money off the “volunteers” by for example charging a fee. So you have to pay to actually be able to work for free, because you cost money, because they need money for the food and for animals. Sometimes it’s true but many times it’s just a way to earn money off the naïve ones. We realized that when we were going through volunteering options of Volunteer Latin America and some were costing seriously thousands of dollars for a month and unless they are planning to ship you food from home or built a zoo from nothing, it doesn’t cost that much.
It even had idyllic beaches, one of them called Wizards Beach probably because you would disappear swimming there as the waves and currents were insane even to look at. But there was enough to do above water. Green hikes, bird watching and the cafes!!! There was this amazing café situated in the middle of the greenness. The food and the atmosphere were really worth the hike up the hill so we spent a few hours there going through their books, talking to the staff and other hikers. And at some point I saw a pictures of a red frog, really pretty with black dots. “Do you ever see those here?” I asked to one of the waitresses, “Yeah, strawberry poison- dart frog, they're here all the time”.
Absolutely delicious but the process of making was a true challenge with a home-made knife which cuts the shreds out from the coconuts. I gave up after 5 minutes, covered in sweat and I could tell that the mother of the family thought I was too slow anyway. Next to Isla Venado there are other beautiful small islands one of which was actually a jail (Isla San Lucas), today a tourist attraction and Isla Tortuga where we went to enjoy sun, beach and snorkel... Even though there was nothing to see underwater.