Panama City
Total cost per day: $92
Panama City is tied with Bali, Indonesia, on GOBankingRates’ list for the cheapest local transportation. It costs only $1 to purchase four one-way tickets — that’s 25 cents each — around the city, which makes this cheap Caribbean destination one of the best places to go on vacation. Although average hotel costs in Panama City are the most expensive in this ranking, they’re still affordable at $56 per night.
