Is it cheaper to stay in a hostel than in a hotel in Panama City?

The cheapest month to book a hostel in Panama City is May, with an average nightly rate of R333. The most expensive month is February at R549 per night.

What is the cheapest day of the week to book a hostel in Panama City?

Tuesday offers the lowest rates in Panama City, with an average nightly price of R201/night. The highest prices are found on Monday, with average rates at R823/night.

How much is a hostel in Panama City for tonight?

The cheapest deal for a hostel in Panama City found by KAYAK users in the last 5 days was R216.

How early should you book a hostel in Panama City?

Book at least 26 days before your stay begins to get the best price for your Panama City hostel.

Find deals

3 stars

2 stars and below

Low season	High season	Average price (weeknight)	Average price (weekend night)
March	April	R494	R560
Cheapest month to stay with an average 57% drop in price.	Most expensive month to stay with an average 74% rise in price.	Average Sun - Thu price over the last 2 weeks.	Average Fri & Sat price over the last 2 weeks.

There is a group of hostels in Panama City that stretches from the Sosa Hill neighborhood in the west to San Francisco in the east. This area near the southern coastline is full of places of interest, such as the Museum of Contemporary Art and the Afro-Antillean Museum. There is a metro that runs along Via España and buses that run along Calle 50, which are two of the major roads that traverse the city.
El Machico Hostel on Calle 47 is just outside the city center and is a very affordable option for groups, as they offer multi-bed dormitories, community bathrooms, and a swimming pool. Metropolitan Nature Park, the Museum of Natural Science, and two casinos are within two miles of this property; there is a T.G.I. Friday’s as well as a Hard Rock Café and a couple of supermarkets near this hostel in Panama City.
The accommodations at Hostal Entre 2 Aguas consist mainly of spacious private rooms with en-suite baths, which should be an attractive option for couples. Also, there is an airport shuttle available for a fee, and you can park at the property for free. Andres Bello Park is a short walk from this location, and both the Museum of Natural Science and Metropolitan Nature Park are accessible by bus. In addition, there is a metro station at Via Argentina a couple of blocks away. El Trapiche and El Caribe are two nearby restaurants that serve Caribbean cuisine.
Sophia’s Hostel is a very inexpensive accommodation on Calle 54 in Marbella near the heart of the city, providing lodgings that feature numerous multi-bed dorm rooms with shared bathrooms, which should please the solo traveler on a limited budget. This hostel in Panama City is a short distance from Avenida Balboa, Venito Casino, and Multiplaza Pacific; plus, there are a variety of eateries in the area, such as Mexicantina, La Luncheria, and Peru Chicken.
If you want to ensure you grab a bargain, try to book at least 26 days before your stay to get the best price for a Panama City hostel.

Is it cheaper to stay in a hostel than in a hotel in Panama City?
The average price for a night in a hostel in Panama City is R630 compared to R2 483 for a night in a hotel.

Panama City hostels

KAYAK searches hundreds of travel sites at once for hostels in Panama City

Best Panama City hostels

Panama City hostels near the city centre

KAYAK’s insights for hostels in Panama City

Which month has the cheapest hostel rates in Panama City?

What is the cheapest day of the week to book a hostel in Panama City?

How much is a hostel in Panama City for tonight?

How early should you book a hostel in Panama City?

How much is a Panama City hostel?

Good to know

Low season

High season

Average price (weeknight)

Average price (weekend night)

KAYAK's top tips for finding Panama City hostel deals

FAQs when booking a hostel in Panama City

Where to find the best hostels in Panama City?

More options for your stay in Panama City

Complete your trip to Panama City

Popular hotel types in Panama City

Other popular hotel destinations

Stays in Panama City