Which place is cheaper, Panama City or Cali?
These are the overall average travel costs for the two destinations.
Jump to 
Should you visit Cali or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
Trying to figure out where to travel next? This travel comparison between Cali and Panama City can help. It includes a travel cost comparison in addition to other factors. For many travelers, the cost of a destination is a primary consideration when choosing where to go.
Where Should I go: Cali or Panama City?
Cali
Cali is Colombia's third largest city. Founded in 1536, can be explored on foot: walk under the shade of trees along the riverbank, admire the architecture of churches and other national monuments, and visit the city's many museums. Being the salsa capital of the world, Cali is primarily a destination for salsa and party but it also offers some great days out in the nearby natural surroundings. In Cali, travelers can enjoy music festivals, learn about sugarcane farming, and take in the mountainous landscapes.
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 One-Week (7-Day) Tours from Bogota, The Best Hiking & Trekking Tours in Colombia, The Best Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.
-
Average Daily Cost Per person, per dayCali $25Panama City $86
The average daily cost (per person) in Cali is $25, 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 Cali and Panama City in more detail.
Accommodation
-
Accommodation Hotel or hostel for one personCali $6.16Panama City $35
-
Accommodation Typical double-occupancy roomCali $12Panama City $70
Compare Hotels in Cali and Panama City
Looking for a hotel in Cali 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: Cali Hotel Prices and Panama City Hotel Prices.
Local Transportation
-
Local Transportation Taxis, local buses, subway, etc.Cali $5.76Panama City $11
Typical Local Transportation Prices in Cali
Below are a few samples from actual travelers for transportation costs in Cali:
-
Short Taxi Ride$1.02
Hired Cars and Shuttles in Cali
Also for Cali, here are a few examples of actual transportation services:
- Cali to Popayan Private Transfer: $272
- Cali to Popayan Private Transfer: $272
- Departure Private Transfer from Cali City to Cali Airport CLO by Minibus: $171
- City Highlights Private Bus Tour with Transfer: $147
- National Park Waterfalls Tour with Lunch & Transfer: $113
- Arrival Private Transfer from Cali Airport CLO to Cali City by Minivan: $102
- Arrival Transfer from Cali Airport CLO to Cali City by MiniSuv: $98
- From Cali Airport: One-way Privater Transfer to Cali: $58
- RoundTrip Transfer in Private Minivan Cali Airport (CLO) - Cali City: $51
- Alfonso B.Aragon Airport (CLO) to Cali/Palmira-RoundTrip Transfer: $48
- Airport Transfers Cali (per way): $34
- Transfer in Private Minivan from Cali City- Cali Airport (CLO): $25
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Transfers Airport - Hotels Riu Playa Blanca, Decameron, Bijao, Playa Blanca: $70
- Transfers: $37
- Transfer to Panama City, Hotel and City tour - 1 night: $266
- Transfer in private vehicle from Panama Tocumen Airport (PTY)- Panama City: $15
- Transfer in private vehicle from Panama City - Panama Tocumen Airport (PTY): $15
- Transfer in private minivan from Playa Bonita to Panama Tocumen Airport: $70
- Transfer in private minivan from Panama Tocumen Airport to Playa Bonita: $70
- Transfer in private minivan from Panama Tocumen Airport to Playa Blanca-Farallon: $160
- Transfer from Panama City Hotel to Tocumen Airport: $23
- Transfer from PTY Airport or Panama City to Playa Blanca and Back: $77
- Transfer Tocumen Airport to Panama City Hotels.: $25
- Transfer Panama Airport- Colon Cruise Terminal: $90
Is it cheaper to fly into Cali or Panama City?
Prices for flights to both Panama City and Cali 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 dayCali $8.77Panama City $21
Food Tours and Cooking Classes in Cali
For Cali, here are some samples of tours and activities related to meals and dining experiences:
- Street Food Tour: $21
- Alameda Market Food Tour: $55
- Street Food Tour - Live A Unique Gastronomic Experience: $55
- Flavors of Food tour at the local market: $59
- Patio Santo Style Rumba Dinner: $168
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
- 10-Recipe Boozy Panamanian Cooking Class : $85
- 4-Hour Guided Panamanian Cooking Class and Markets Experience: $85
- Panama: 10-Recipe Boozy Panamanian Cooking Class + Dinner: $85
- The 'Real' Panamanian Private Food Tour: $200
Entertainment
-
Entertainment Entrance tickets, shows, etc.Cali $11Panama City $66
Tours and Activities in Cali
For Cali, here are a few prices for actual activities, tours, and tickets provided by various companies:
- 4 Hours Private River Tour to Pance Cali Colombia : $60
- A day to enjoy nature and have an adventure in the Jordan river: $65
- Cali ATV tours - Take your adrenaline to the maximum on the road: $159
- Cali Bike Park Tour: $95
- Cali Bike Tour: $32
- Cali City Tour - The Best Of Cali In Comfort: $53
- Cali City Tour by 3 Hours (transportation + guide): $178
- Cali City Tour by 5 Hours (transportation + guide): $245
- Cali City Tour by 8 Hours (transportation + guide): $366
- Cali Downtown Walking Tour: $55
- Cali Mountain Bike Tour: $95
- Cali Salsa Tour: Learn the history, dance and play instruments: $15
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- 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 Hr Express Tour for Business Travellers & Airport Layovers: $75
- 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
- 5 Hours Tour to Monkey Island Embera community Gamboa Panama: $165
- 5-Hour Tour in Agua Clara New Locks: $100
Alcohol
-
Alcohol Drinks for one dayCali $8.68Panama City $18
When we compare the travel costs of actual travelers between Cali and Panama City, we can see that Panama City is more expensive. And not only is Cali much less expensive, but it is actually a significantly cheaper destination. Since Cali is in South America and Panama City is in Central America, this is one of the main reasons why the costs are so different, as different regions of the world tend to have overall different travel costs. So, traveling to Cali would let you spend less money overall. Or, you could decide to spend more money in Cali 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 Cali.
If you're trying to decide if either of these two destinations are within your price range, also see Is Cali Expensive? and Is Panama City Expensive?.
Which is Bigger, Cali or Panama City?
Cali has a larger population, and is about 6 times larger than the population of Panama City. When comparing the sizes of Cali 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.