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

Low season	High season	Average price (weeknight)	Average price (weekend night)
May	September	163 ﷼	160 ﷼
Cheapest month to stay with an average 70% drop in price.	Most expensive month to stay with an average 24% 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 57 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 44 ﷼ compared to 117 ﷼ for a night in a hotel.

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Which month has the cheapest hostel rates in Panama City?

Hostels are cheapest in Panama City in May, with average rates of 155 ﷼. In comparison, September is the most expensive month, with prices at 642 ﷼.

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

Monday offers the lowest rates in Panama City, with an average nightly price of 338 ﷼. The highest prices are found on Tuesday, with average rates at 680 ﷼.

How early should you book a hostel in Panama City?

Book at least 4 days before your stay begins to get the best price for your Panama City hostel.

How much is a Panama City hostel?

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