Backpacking in Panama can be an exciting and affordable adventure, especially if you plan your daily costs wisely. On a low-end budget, travelers can typically expect to spend around $30 to $50 per day. This budget covers essentials such as accommodation, food, and transportation while allowing for some exploration of the country’s stunning landscapes and vibrant culture.

Accommodation is often the largest expense, but there are plenty of budget-friendly options. Hostels and budget hotels are abundant, particularly in popular tourist areas. Prices can range from $10 to $20 per night for dormitory-style lodging. To save more, consider camping or seeking out local homestays, which can offer unique cultural experiences at lower costs. Booking in advance or during off-peak seasons can also lead to better rates.

Food is another area where you can save money. Eating at local markets and street vendors provides delicious meals for as little as $3 to $5. Traditional Panamanian dishes, such as sancocho and empanadas, are both tasty and affordable. Additionally, grocery stores are widely available, allowing you to prepare your own meals if your accommodation has a kitchen. This not only saves money but also allows you to experience local ingredients and flavors.

Finally, transportation costs can be managed by opting for local buses and shared taxis, which are far cheaper than renting cars or using private taxis. Buses run frequently between major cities and tourist destinations, with fares typically ranging from $1 to $5. Also Uber is probably the safest. Uber is usually cheaper than taxis. With careful planning and local insights, backpacking in Panama can be a rewarding and budget-friendly experience.