How cheap is it? Very. Its largest city -- helpfully named Panama City -- is the world's third-cheapest major city. And it is major! Panama has the fastest growing economy in Latin America, with abundant new restaurants and luxury hotels; it's pretty much the most (and arguably only) truly global/metropolitan city in the region. And still a bunk in a cheap but well-reviewed and centrally located hostel will set you back only $14 per night, while those seeking luxury accommodations can stay at the damn Waldorf Astoria for $149 per. Which is stupid cheap, all things being relative. A public bus ride in the city is just 25 cents. You can eat on the cheap for under $20/day for all three squares if you hit up cafés for breakfast, the beach fish markets for lunch, and restaurants without English menus for dinner. Beers will cost you anywhere from $1.25 to $3 a pop. All in all, you're getting huge bang for your buck -- oh also literally your buck, as US currency is interchangeable with the Panamanian balboa.
A family vacation is no longer about loading the kids in the car and heading to the nearest beach. Today's families are looking to stretch their imaginations, sharing their passion for travel with their loved ones. Organized by age group, our guide shows the best destinations and activities for kids of all ages. Find the right getaway for your crew, no matter who's tagging along for the ride.
Why you should go: Because nature and mild danger make you feel alive. Victoria Falls has a bungee jump, one of the world’s most high-octane whitewater runs, and the Devil’s Pool, a natural rock pool at the literal edge of the falls. Forget TLC’s admonitions: Inching your body out over the precipice and looking down into one of the seven natural wonders of the world is one of the most unforgettable things you’ll ever do. - Sarah Theeboom, Thrillist contributor

Twelve-time winner of "best cruise line in Alaska" from Travel Weekly's Readers Choice Awards, Princess Cruises recognizes that different ages have different needs. Kids clubs are divided into two age groups: 3-7 and 8-12, while teens 13-17 have their own space at Remix, with DJ workshops and hip-hop dance classes. The whole family can come together for the Klondike Festival (with sled-dog presentations) and the Midnight Sun Party (an all-ages gathering on the top deck under the Midnight Sun). Excursions include visiting a gold mine and watching a lumberjack competition. Princess has even teamed up with the Discovery Channel to present adventures tied to the popular Deadliest Catch franchise.

Campeche: A UNESCO World Heritage Site located on the western coast of the Yucatan Peninsula, Campeche is a walled Spanish colonial city that has been superbly restored nearly to its former glory. The walled center is somewhat of a museum piece, but the life of the town surrounding it might even be the main attraction. There are also significant Mayan ruins in the state of Campeche, of which the city is the capital; these aren’t as well known as the famous ruins to the east, and as such they’re less crowded. Getty Images/iStockphoto
Affordable and wholesome Pigeon Forge is adjacent to American’s favorite national park, Great Smoky Mountains. Most known for the Dollywood theme park, Pigeon Forge now also gets rave reviews for its Titanic Museum, an interactive walk through the doomed cruise ship. Teens will like assuming the persona of a historic passenger, only to find out their fate after visiting the eye-popping captain’s bridge.
Where to eat and stay: For family eats, don’t miss Bub’s Burgers & Ice Cream in the town of Carmel, home of The Big Ugly, a one-pound burger-eating challenge (eat the whole burger and you’ll get your picture framed on Bub’s infamous burger wall). Waddle back to your suite at the Residence Inn by Marriott – Carmel, Indiana, which includes full kitchens, complimentary hot breakfast buffet, indoor pool and outdoor SportCourt and BBQ patio starting at $115 per night.
Why:  For an epic adventure that won't break your travel piggy bank, head to the Komodo Islands , named one of the New 7 Wonders of Nature. Most of the islands in Indonesia are incredibly undermined because of how popular Bali is, but Komodo and its surrounding islands are definitely worth a visit. As the name implies, Komodo is the native home of the terrifying mini-Godzillas known as Komodo Dragons. To see them, you go on an incredible boat tour that takes you to a tri-color beach island and swimming with wild manta rays. Getting to Komodo from Bali costs about $40 by boat or $200 for a flight, and accommodation and food is super cheap because, well, it's Indonesia after all.
No. 3. Ka'anapali Beach – Lahaina, Hawaii. Among the most visited beach in West Maui, this area is a popular spot for quiet relaxation or water sports. It’s also famous for the daily cliff diving ceremony off of the beach’s northernmost cliffs known as “Puu Kekaa” or Black Rock. According to a TripAdvisor reviewer, “Amazing this time of year. Right from the beach we saw amazing whale breaches. The sand is amazing and the beach is well kept up!” • Beachfront bargain hotel nearby: Lahaina Shores Beach Resort, from $289 per night on TripAdvisor • Great airfare found on TripAdvisor: As low as $382 round-trip from SFO (San Francisco) to OGG (Kahului) TripAdvisor
The East Coast has it all: beautiful beaches, stunning vistas, historical importance, and some of the most famous cities in the world. First stop on your Eastern Seaboard getaway: the “Big Apple.” A trip to New York City means you get to see the sights that are talked about all over the world, like Lady Liberty, Broadway, and Central Park. If you want to delve into U.S. history, a Washington D.C. vacation filled with monuments, museums, and galleries is for you. Speaking of history, the American Revolution got its start in a city a few hours to the north. Your Boston vacation will bring you to one of the most popular spots on the East Coast. Indulge in some of the best clam chowder in the world, then walk back in time on the Freedom Trail, which hosts 16 sites that played a huge role in the founding of the nation.
Nighttime is perfect for The Island in Pigeon Forge, an entertainment hub with lighted water shows. Pleasant evenings also draw families to the area’s multiple mini-golf courses, including one in nearby Gatlinburg. Gatlinburg is also home to a surprisingly wonderful aquarium given its mountain location; penguins typically steal the show at Ripley’s Aquarium of the Smokies.
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