Which place is cheaper, Panama City or Antigua Guatemala?
These are the overall average travel costs for the two destinations.
Jump to 
Should you visit Antigua Guatemala or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Antigua Guatemala or Panama City, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.
Where Should I go: Antigua Guatemala or Panama City?
Antigua Guatemala
Before a disastrous earthquake in 1773, Antigua was the colonial capital of Guatemala. For 200 years it had reigned as so and today shows remnants of its glorious past with Spanish colonial buildings and other architectural landmarks still standing. Due to this large amount of preserved architecture, Antigua was named a UNESCO World Heritage Site and is now the most touristed city of Guatemala.
Panama City
Panama City is the cosmopolitan capital city of the country of Panama. With a population of almost 900,000 and almost 1.5 million in the metropolitan area, it's a very diverse city with expat residents from all over the world. You don't have to search far to find someone who speaks English, and many Panamanians are quite helpful and friendly.
For some great organized tour ideas, see The Best Adventure Tours to Guatemala, The Best Eco Tours in Guatemala, The Best Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.
-
Average Daily Cost Per person, per dayAntigua Guatemala $63Panama City $86
The average daily cost (per person) in Antigua Guatemala is $63, while the average daily cost in Panama City is $86. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Antigua Guatemala and Panama City in more detail.
Accommodation
-
Accommodation Hotel or hostel for one personAntigua Guatemala $22Panama City $35
-
Accommodation Typical double-occupancy roomAntigua Guatemala $44Panama City $70
Compare Hotels in Antigua Guatemala and Panama City
Looking for a hotel in Antigua Guatemala or Panama City? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Antigua Guatemala Hotel Prices and Panama City Hotel Prices.
Local Transportation
-
Local Transportation Taxis, local buses, subway, etc.Antigua Guatemala $12Panama City $11
Hired Cars and Shuttles in Antigua Guatemala
Also for Antigua Guatemala, here are a few examples of actual transportation services:
- Transfer from La Antigua Guatemala to Monterrico (One Way): $260
- Transfer Guatemala City to Aurora to Antigua Guatemala: $130
- Transfer from Antigua to the Airport: $80
- Transfer from Antigua Guatemala to La Aurora Airport: $30
- Private Transfer from Antigua Guatemala to Puerto Quetzal Port: $27
- Private Ground Transfer From Antigua To Guatemala City Airport: $23
- From Guatemala City: One-way Shared Transfer to Antigua: $20
- Guatemala: Antigua and Lago Atitlan Shuttle Transfer: $13
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Embera Indian Village Tour w/ Airport Transfer: $290
- Panama Tocumen Airport (PTY): Private Transfer to Coronado: $268
- Transfer to Panama City, Hotel and City tour - 1 night: $266
- Panama Tocumen Airport (PTY): Transfer to Decameron hotels: $264
- Round trip transfer in private Car from Tocumen Airport to Playa Blanca-Farallon: $240
- Half-Day City & Canal Tour w/ Airport Transfer: $215
- Private Transfer from PTY to Playa Blanca resorts: $206
- Private Transfer from Panama Tocumen Airport (PTY) to Playa Blanca resorts : $206
- Transfer in private minivan from Panama Tocumen Airport to Playa Blanca-Farallon: $160
- Skip the Line: Miraflores Visitor Center Ticket with Transfer: $155
- Private Transfer from Panama Airport (PTY) to Colón Resorts: $137
- Private Transfer from Panama Tocumen Airport (PTY) to Colón resorts: $137
Is it cheaper to fly into Antigua Guatemala or Panama City?
Prices for flights to both Panama City and Antigua Guatemala change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.
Food
-
Food Meals for one dayAntigua Guatemala $14Panama City $21
Typical Food Prices in Antigua Guatemala
Here are some examples of typical meal expenses from previous travelers to Antigua Guatemala:
-
Lunch$3.22
-
Lunch$7.72
Food Tours and Cooking Classes in Antigua Guatemala
For Antigua Guatemala, here are some samples of tours and activities related to meals and dining experiences:
- Make your own Mayan Pepian - Cooking class: $69
- Antigua: Cooking Class with Local Family: $74
- Street Food Tour Around Antigua: $75
- Market food tour and tortilla workshop: $79
- Market and Mayan Cooking Class: $80
- Guatemalan Cooking Class & Market Tour: $85
- Foodie & street food tour: $85
- Authentic Guatemalan Cooking Class in Antigua: $90
- Private Cooking Class of Typical Guatemalan Dishes: $95
- Guatemalan Cooking Class and Market Tour: $98
- From Guatemala City: Guatemala Cooking Class Tour: $110
- Pacaya Volcano Luxury Sunset Horseback Riding Tour/ Dinner Cooked by-Lava Chef: $295
Typical Food Prices in Panama City
Here are some examples of typical meal expenses from previous travelers to Panama City:
-
Sandwich$8.27
Food Tours and Cooking Classes in Panama City
For Panama City, here are some samples of tours and activities related to meals and dining experiences:
- Panama Evening Food Tour: $60
- Panama: 10-Recipe Boozy Panamanian Cooking Class + Dinner: $85
- 10-Recipe Boozy Panamanian Cooking Class : $85
- The 'Real' Panamanian Private Food Tour: $200
Entertainment
-
Entertainment Entrance tickets, shows, etc.Antigua Guatemala $15Panama City $66
Tours and Activities in Antigua Guatemala
Also, here are some specific examples of entertainment, tickets, and activities for Antigua Guatemala.
- ¡Pacaya Volcano Tour from Antigua!: $100
- 2-Day Kayak and Hike Adventure Package from Antigua: $219
- 2-Day Shared Hiking Tour to Acatenango Volcano from Antigua: $125
- 2-Day Shared Hiking Tour to Acatenango Volcano from Antigua: $110
- 2-Day Tour of Lake Atitlan & Chichicastenango Market: $220
- ANTIGUA Villages Tour: $72
- ATV Cultural & Adventure Tour: Shared Antigua Villages Experience: $90
- ATV or UTV Coffee Tour in Antigua Guatemala: $100
- Acatenango Overnight Hike Multiday Tour: $116
- Acatenango Volcano Overnight Hiking from Antigua - 2 Days Private Tour: $215
- Acatenango Volcano Tour with Overnight from Antigua: $99
- Acatenango Volcano Tour: 1 night in Glamping: $157
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- Canopy-ziplining Adventures in Anton Valley: $195
- City Tour y Canal de Panamá: $35
- #1 Walking Tour in Casco Viejo, Panama Canal Museum & Lunch : $77
- "Bridge of the Americas Stand-Up Paddle Private 2 hours Tour " : $100
- 1- or 2-Night Experience in San Blas Islands: $260
- 2 Hours Private Luxury Tour in a Convertible Car in Panama City: $255
- 2 Hours Tour to Panama La Vieja for Groups: $170
- 2-Day San Blas Adventure from Panama City: $270
- 3 Hours Private Photo Tour in Casco Antiguo: $90
- 3-Hour Private Tour in Panama La Vieja: $45
- 4-Hour Gatun Lake Boat Tour and Jungle Wildlife: $99
- 5-Hour Tour in Agua Clara New Locks: $100
Alcohol
-
Alcohol Drinks for one dayAntigua Guatemala $11Panama City $18
Sample the Local Flavors in Antigua Guatemala
Here are a few nightlife and alcohol tours and activities from local tour providers in Antigua Guatemala:
- Macadamia Chocolate and Wine Tour on ATV or UTV: $85
When we compare the travel costs of actual travelers between Antigua Guatemala and Panama City, we can see that Panama City is more expensive. And not only is Antigua Guatemala much less expensive, but it is actually a significantly cheaper destination. So, traveling to Antigua Guatemala would let you spend less money overall. Or, you could decide to spend more money in Antigua Guatemala and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Panama City would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Panama City than you might in Antigua Guatemala.
If you're trying to decide if either of these two destinations are within your price range, also see Is Antigua Guatemala Expensive? and Is Panama City Expensive?.
Which is Bigger, Antigua Guatemala or Panama City?
Panama City has a larger population, and is about 10 times larger than the population of Antigua Guatemala. When comparing the sizes of Antigua Guatemala and Panama City, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.