The government announced today that the cost to use the Panama Metro will be .35 cents a ride (.70 round trip) and charges will begin on June 15, 2014.
El nuevo precio del Metro de Panamá será de 0.35 centavos a partir del 15 de junio del 2014. Menos de 1 balboa. Prometido Cumplido
— Ricardo Martinelli (@rmartinelli) May 14, 2014
The Metro was inaugurated on April 5 and since it’s opening it has been completely free for users to ride. President Martinelli had assured users that the cost of the Metro would not be more than $1. Most people that were surveyed thought the price would be .75 cents or $1 so some people are pleased with today’s announcement while others are skeptical. The price is fairly in line with Metro costs in the rest of Latin America.
Cost comparison of a Metro ride in Latin America in U.S. dollars at today’s exchange rate:
- S£o Paulo, Brazil: $1.36 (R$3)
- Santiago, Chile: $1.23 ($680 CLP)
- Medellin, Colombia: $.81 ($1,560 COP)
- Lima, Peru: $.54 (S/.1.5)
- Santo Domingo, Dominican Republic: $.46 (RD$20)
- Mexico City, Mexico: $.39 ($5 MXN)
- Panama City, Panama: $.35
- Buenos Aires, Argentina: $.31 ($2.50 ARS)
- Caracas, Venezuela: $.24 (Bs1.50)
The first line of the Panama Metro includes 19 trains each with 3 cars and 15 stations going from Albrook to Los Andes (being extended to San Isidro this year). Operating hours are 5:00 am to 10:00 pm Monday to Saturday and 7:00 am to 10:00 pm on Sundays . Line two is planned to go from Multiplaza to 24 de Diciembre with a connection point to line one.