Restaurant prices in Panama

See also: food prices   cost of living   entertainment costs  


Can you eat cheaply in restaurants in Panama? What are the prices in affordable pubs in Panama? How much will I have to spend a day when I only eat in fast food restaurants in Panama?

If we are looking for an affordable place to eat, then in a cheap restaurant we will pay about 10 US dollars. With limited time and to avoid spending too much, you can opt for fast food. The cost of a meal set (sandwich, fries, and a soda) is approximately 8 US dollars. And when we can afford to go to the restaurant, we will pay for a meal consisting of three dishes around 60 US dollars. And if you want to drink a beer or two, you have to pay extra: 4 US dollars (price for 2 bottles) And if you prefer a Coke, Fanta, Sprite or similar carbonated drink, then you have to pay 1.6 US dollars for a small bottle.
Below you will find the full price list in Panama, including coffee, Burger King or a similar bar, local beer, a better restaurant for a couple, or cheap restaurant


See also how prices have changed in previous years: Price changes in previous years in Panama


What currency is used in Panama and what is the conversion rate?

Currency in Panama Panamanian balboa (PAB). For 10 US dollars you can get 10 Panamanian balboas. For 100 US dollars you can get 100 Panamanian balboas. And the other way around: For 10 Panamanian balboas you can get 10 US dollars.


What are the different prices in the cities in Panama? Look here: Prices in cities in Panama

Prices: David   Santiago   San Miguelito   Aguadulce   Colón   Chilibre   Pacora   Tocumen   San Carlos   Puerto Armuelles  


Price cheap restaurant $10 ($4 - $20)

cheap restaurant

$10 ($4 - $20)
by half less than in United States

Price local beer $2 ($1.3 - $4)

local beer

$2 ($1.3 - $4)
67% is less expensive than in United States

Price coffee $3.5 ($1.5 - $5)

coffee

$3.5 ($1.5 - $5)
32% is less expensive than in United States

Price bottle of water $1.2 ($1 - $2)

bottle of water

$1.2 ($1 - $2)
by half less than in United States

Price Burger King or a similar bar $8 ($7 - $9.5)

Burger King or a similar bar

$8 ($7 - $9.5)
26% is less expensive than in United States

Price Cola, Pepsi, Sprite, Mirinda $1.6 ($1 - $3)

Cola, Pepsi, Sprite, Mirinda

$1.6 ($1 - $3)
36% is less expensive than in United States

Below we present the current prices in restaurants, bars and fast food in Panama
(The last update: 3 days ago)

Prices of food and drink in restaurants in Panama:

  1. Meal in a cheap restaurant $10 (PAB 10)
  2. Meal for 2 People, Mid-range Restaurant, Three-course $60 (PAB 60)
  3. McMeal at McDonald's (or Equivalent Combo Meal) $8 (PAB 8)
  4. Domestic Beer (0.5 liter draught) $2 (PAB 2)
  5. Imported Beer (0.33 liter bottle) $3.1 (PAB 3.1)
  6. Coke/Pepsi (0.33 liter bottle) $1.6 (PAB 1.6)
  7. Water (0.33 liter bottle) $1.2 (PAB 1.2)
  8. Cappuccino $3.5 (PAB 3.5)
  9. Espresso Coffee $2.4 (PAB 2.4)
  10. Cheeseburger (fast food) $2.4 (PAB 2.4)
source: hikersbay.com & numbeo.com

Price changes in previous years in Panama

Price changes in Coffee over the years: 2011: $1.5(PAB 1.5), 2013: $2.1(PAB 2.1), 2014: $2(PAB 2), 2015: $2.7(PAB 2.7), 2016: $2.7(PAB 2.7), 2017: $2.7(PAB 2.7), and 2018: $2.6(PAB 2.6)

Panama price changes: Cappuccino 2011-2018
Panama price changes Cappuccino hikersbay.com

Price changes in A Better Restaurant For A Couple over the years: 2010: $30(PAB 30), 2011: $25(PAB 25), 2013: $35(PAB 35), 2014: $40(PAB 40), 2015: $43(PAB 43), 2016: $40(PAB 40), 2017: $40(PAB 40), and 2018: $43(PAB 43)

Panama price changes: Meal for 2 People, Mid-range Restaurant, Three-course 2010-2018
Panama price changes Meal for 2 People, Mid-range Restaurant, Three-course hikersbay.com

Do we have to pay more for beer in the restaurant than we used to?
This is what beer prices looked like in 2010: $0.8(PAB 0.8), 2011: $1.1(PAB 1.1), 2013: $2(PAB 2), 2014: $1(PAB 1), 2015: $1.5(PAB 1.5), 2016: $1.5(PAB 1.5), 2017: $1.5(PAB 1.5), and 2018: $2(PAB 2).

Panama price changes: Domestic Beer (0.5 liter draught) 2010-2018
Panama price changes Domestic Beer (0.5 liter draught) hikersbay.com

Do carbonated drinks cost more than they used to in Panama?
On average, a bottle of Cola or Pepsi has cost: 2010: $0.72(PAB 0.72), 2011: $0.93(PAB 0.93), 2013: $1.2(PAB 1.2), 2014: $1.2(PAB 1.2), 2015: $1.1(PAB 1.1), 2016: $1.1(PAB 1.1), 2017: $1.1(PAB 1.1), and 2018: $1.3(PAB 1.3) in recent years

Panama price changes: Coke/Pepsi (0.33 liter bottle) 2010-2018
Panama price changes Coke/Pepsi (0.33 liter bottle) hikersbay.com

Price changes in Bottle Of Water over the years: 2010: $0.55(PAB 0.55), 2011: $0.92(PAB 0.92), 2013: $1(PAB 1), 2014: $0.99(PAB 0.99), 2015: $1.1(PAB 1.1), 2016: $0.95(PAB 0.95), 2017: $1(PAB 1), and 2018: $1.1(PAB 1.1)

Panama price changes: Water (0.33 liter bottle) 2010-2018
Panama price changes Water (0.33 liter bottle) hikersbay.com