Which place is cheaper, Panama City or Cancun?
These are the overall average travel costs for the two destinations.
Which city is more affordable and which is best for your travel style? If you're trying to figure out where to go next, comparing the travel costs between Cancun and Panama City can help you decide which place is right for you.
Cancun is a active, adventurous, and wild city. The beauty of this spot is also one of the main reasons why visitors come. And you can't forget about the museums, nightlife, and food.
Panama City is a active, cosmopolitan, and fun-filled beach town. It's a beautiful place to visit, too. Visitors also love the beaches, shopping, and nightlife.
Visitors will usually find more to do in Cancun than Panama City, as it offers more sights, attractions, and activities. Cancun is better known for its museums, nightlife, resorts, scuba diving & snorkeling, beaches, hiking, and impressive beauty, while Panama City is more popular for its music. Cancun is well known for its water sports, white sand beaches, popularity at spring break, and access to Mayan ruins. Also, Cancun is famous for . Panama City is well known for its watersports, sandy beaches, and year-round beach weather.
Let's take a look at the differences and similarities between Panama City and Cancun. Then, you can decide for yourself which place is better for your next trip.
Cancun is a great destination for its museums and landmarks. However, Panama City does not have museums and landmarks.
With a variety of museums, monuments, and historical sights, a trip to Cancun can be an interesting and educational experience. It's possible to do a day trip to visit the impressive Chichén Itzá, but closer by you'll find El Rey Maya Ruins and El Meco Archaeological Site. You can also visit the Maya Museum in town. For something truly unique, you can take a diving or snorkeling trip to the Cancun Underwater Museum.
Panama City does not have museums and landmarks.
There are opportunities to sample the local cuisine at notable restaurants in both Cancun and Panama City.
Cancun has a delicious restaurant scene that relies on local flavors. If you step away from the tourist scene, you'll find some amazing local restaurants that serve authentic and fresh Mexican cuisine. Favorite dishes in the area include tamales, sopa de lima, and tacos al pastor.
There are many up and coming restaurants in the Panama City area. There are many waterfront restaurants that serve freshly caught seafood. Head to town for a charming atmosphere or grab a bite at a casual eatery. Fried seafood is popular when eating out but you'll also find plenty of options for land-lovers. Most restaurants also have kid-friendly menus.
Cancun is an amazing city to visit for nightlife and partying. Also, Panama City is still popular, but not quite as popular for its evening party scene.
Cancun has a colorful and one-of-a-kind nightlife scene. It's long been known as a party destination and there are large world famous clubs as well as smaller bars where you can hang out. The party never stops here, so be prepared for all night dancing and drinking, and it will definitely live up to its reputation.
The nightlife in Panama City has something for everybody. The nightlife is particular crazy during spring break, when the town fills with students. Head to the famous Club La Vela or Spinnaker for music and fun at night.
Panama City is very good for its live music scene. However, Cancun is not a live music destination.
Music lovers will find a few good venues in Panama City. A popular way to enjoy music in the area is to find a restaurant with a lounge where local musicians perform.
Cancun is not a live music destination.
Cancun is an amazing city to visit for its resorts. Also, Panama City is still popular, but not quite as popular for its luxury resorts.
Cancun offers an unforgettable resort vacation. You'll find most of the accommodation options in the Hotel Zone, which runs along Boulevard Kukulkan. The stretch can be divided into three areas, which each have a slightly different personality.
Panama City has a few great resort options. Most people stay in condos that are VRBO's or Airbnbs, but there are resorts in the area as well.
Cancun is an amazing city to visit for its diving and snorkeling. However, Panama City is not a scuba or snorkeling destination.
People travel to Cancun specifically to enjoy its famous scuba diving and snorkeling areas. Beautiful reefs and world class dives make this a popular destination for those who want to explore the undersea world. You'll find plenty of snorkeling and dive excursions in the area with diverse coral and marine life.
Panama City is not a scuba or snorkeling destination.
Cancun is an amazing city to visit for the beache. Also, Panama City is still popular, but not quite as popular for the beach.
The beaches in Cancun are among the best in the world. There are stunning white sand beaches and turquoise blue water that make this a beautiful beach destination. There are miles of sandy coastline with many of the beaches found in the Hotel Zone.
The beaches at Panama City attract visitors from all over. With miles of long white sandy beaches and crystal blue waters, this area's beaches offer a beautiful escape. Head to the area's state parks for the most natural experience. These include St. Andrews State Park and Camp Helen State Park. A day trip to Shell Island is also popular.
Cancun is a nice place to visit for its hiking experiences. However, Panama City is not a hiking destination.
Cancun has hiking trails worth exploring. There are some beautiful walking paths and hiking trails that are within the area.
Panama City is not a hiking destination.
Shoppers can find a variety of notable stores in both Cancun and Panama City.
Shopping is a popular activity when visiting Cancun. While most people visit for the beaches and nightlife, there are shopping malls and markets where you can enjoy some retail therapy.
Many visitors go to Panama City to go shopping. There are a number of malls and shopping centers in the area.
You'll find terrific kid-friendly activities in either Cancun or Panama City.
Cancun is one of the most popular family destinations. Although this part of Mexico has long had a reputation for its party scene, the area also attracts many families, who come for the family-friendly resorts, world class snorkeling, and fascinating jungle tours. You can snorkel at the Garrafon Natural Reef Park or have fun on the water slides at Ventura Park. Xel-Ha Park is also worth a visit.
Panama City is an amazing family-friendly city to visit. This area has large sandy beaches, waterparks, amusement parks, and marine parks. Kids will enjoy playing around at WonderWorks, cooling off at Shipwreck Island Waterpark, and learning about marine life at Gulf World Marine Park. There are also many watersports and water activities that are fun for the whole family.
Cancun is an amazing city to visit for its romantic activities. Also, Panama City is still popular, but not quite as popular for couples.
Cancun has so much to offer for a romantic couple's vacation. As a world class honeymoon destination, you'll find stunning white sand beaches, amazing snorkeling and diving, and a huge range of entertainment options. You can enjoy the nightlife scene or check out Cirque du Soleil. Sunset boat cruises and romantic horseback rides all make this an amazing honeymoon destination.
Panama City is a great city if you're traveling as a couple. The beautiful beaches and romantic restaurants make for a great romantic getaway. This is the perfect place to take sunset walks along the beach and sample freshly caught local seafood.
Cancun is a great destination for backpackers. However, Panama City is not a backpacker-friendly destination.
Cancun is a great city to visit for backpackers. Mixed in between the luxury resorts are a few hostels that cater to the backpacker crowd. There are so many activities in the area, from diving to partying, that appeal to the backpacker crowd, that it won't be long before you find your people.
Panama City is not a backpacker-friendly destination.
Panama City is a very popular place for its student-friendly activities. However, Cancun is not popular with students.
Panama City is very popular with students. It's not the spring break destination that it once was, but you'll still find students hanging out around the spring holidays.
Cancun is not popular with students.
Cancun is a nice place to visit for its public transit. However, Panama City is a beach town with minimal options for times when you don't have a car.
You'll find some public transit in Cancun, but it may not be enough to take you everywhere. The buses are an efficient way to get around. They stop along Boulevard Kukulcán and throughout the downtown.
Public transit is mostly limited in Panama City. Most people need a car in Panama City but there is a trolley service that connects major tourist areas.
Cancun is a great destination for its high level of walkability. However, Panama City is a beach town with minimal options for its ease of walking around.
Cancun is a very walkable city. The Hotel Zone is where most tourists spend their time, and this area is very walkable.
Panama City is not a very walkable city. There's often construction and the streets aren't designed for pedestrians.
For even more information, also check out Is Cancun Worth Visiting? and Is Panama City Worth Visiting?.
Both Cancun and Panama City have a number of activities to choose from. In our opinion, Cancun has more to see and do, so we recommend that you spend more time in Cancun than Panama City. In general, 4-7 days is a good amount of time for Cancun, and 3-7 days is enough time in Panama City.
Families should spend more time in Cancun than Panama City. Because of the many family-friendly attractions and fun things to do for kids in Cancun, it's a great place to visit with the whole family.
Couples should spend more time in Cancun than Panama City. You'll find plenty of romantic sights and fun activities in Cancun that are great for a weekend getaway or a longer couple's trip.
Backpackers and budget travelers should spend more time in Cancun than Panama City if your budget allows for it. With a larger number of budget-friendly sights, good nightlife, and active things to do, anyone traveling on a budget would have a good time in Cancun.
Visitors enjoy the scuba diving and snorkeling and shopping when visiting the active city of Cancun. You can also relax and pamper yourself at one of the resorts. One day is usually not enough time for a trip here as there is plenty to do. The entire region has so many activities, and you'll want time to do everything.
Many travelers enjoy the shopping and nightlife when visiting the destination of Panama City. It's a great spot for a beach vacation. But since there are so many activities, you'll likely want to spend more than one day exploring.
Visitors enjoy the shopping and museums when visiting the party-hard destination of Cancun. It's a great spot for a beach vacation. This city offers something for everyone. Since there is so much to do in the area, a weekend is probably not enough for all of it.
Panama City is a great place to explore. With so much to do, a weekend is probably not enough time to see everything. Your budget might influence how long you stay.
Visitors enjoy the museums and nightlife when visiting the tropical city of Cancun. People enjoy relaxing at one of the resorts. Many people spend five days here.If you enjoy all that's offered here, then five days is just the right amount of time to spend here. The length of your trip often depends on your style of travel.
It's hard to know how much time to spend in Panama City. For many, it makes a great getaway for five days. Most people come for the beaches. With all of its activities, you can easily fill five days here. It has many unique tourist attractions and fascinating things to do.
Visitors enjoy the nightlife and food when visiting the destination of Cancun. Anyone can find something fun to do here. This is a popular place to visit for one week. Travelers enjoy the resorts in the area as well. In one week, you should have a good grasp of this city.
Many travelers enjoy the food and shopping when visiting the active destination of Panama City. This beach town offers a variety of activities to choose from. Many visitors spend time at the beach while visiting the area. If you have one week, this is a great place to go. This would be the perfect place to spend one week, as it has just the right amount of activities.
For some great organized tour ideas, see The Best One-Week (7-Day) Tours from Playa del Carmen, The Best 2-Week Tours from Cancun, The Best Bicycle Tours in United States of America, and Tours for Outdoor and Nature Lovers in United States of America.
These are the overall average travel costs for the two destinations.
The average daily cost (per person) in Cancun is $148, while the average daily cost in Panama City is $224. 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 Cancun and Panama City in more detail.
Looking for a hotel in Cancun 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.
Below are a few samples from actual travelers for transportation costs in Cancun:
Also for Cancun, here are a few examples of actual transportation services:
Prices for flights to both Panama City and Cancun 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.
For Cancun, here are some examples of average food and meal prices for travelers:
For Cancun, here are some samples of tours and activities related to meals and dining experiences:
Below are a few sample prices from actual travelers for Cancun's activities, tours, and tickets:
For Cancun, here are a few prices for actual activities, tours, and tickets provided by various companies:
Here are a few actual costs in Panama City for available activities, ticket prices, and tours:
Also in Cancun, these are the prices for nightlife and alcohol related activities from various tour providers:
When we compare the travel costs of actual travelers between Cancun and Panama City, we can see that Panama City is more expensive. And not only is Cancun much less expensive, but it is actually a significantly cheaper destination. So, traveling to Cancun would let you spend less money overall. Or, you could decide to spend more money in Cancun 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 Cancun.
If you're trying to decide if either of these two destinations are within your price range, also see Is Cancun Expensive? and Is Panama City Expensive?.
Cancun has a larger population, and is about 10 times larger than the population of Panama City. When comparing the sizes of Cancun 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.