Which place is cheaper, Panama City or Cape Town?
These are the overall average travel costs for the two destinations.
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Should you visit Cape Town or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
Should I visit Cape Town or Panama City? This is a common question asked by many travelers. By figuring out which city has activities that align with your interests along with knowing which is more affordable, you'll understand where you can get more bang for your buck. So, let's dive into the details and the data, which all comes from actual travelers.
Where Should I go: Cape Town or Panama City?
Cape Town
Picture your travel bucket list. Is Cape Town on it? Yes, most people dream of visiting the "Mother City" of South Africa. As one of the most iconic places in the world, Cape Town is a world-class cosmopolitan city full of bustling nightlife, historical backdrops and a large gay community.
Cape Town is the most southern city in Africa with seasons turned upside down. In the southern hemisphere they experience the summer from December to February. During these months days can be hot and dry so be sure to gather in the shade and wear plenty of sunscreen. The winter from June to August is full of rainy days and cold nights.
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 Camping Tours in South Africa, The Best Romantic Tours for Couples in South Africa, The Best 2-Week Tours from Panama City, and The Best Adventure Tours to Panama.
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Average Daily Cost Per person, per dayCape Town $98Panama City $86
The average daily cost (per person) in Cape Town is $98, 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 Cape Town and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personCape Town $39Panama City $35
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Accommodation Typical double-occupancy roomCape Town $78Panama City $70
Compare Hotels in Cape Town and Panama City
Looking for a hotel in Cape Town 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: Cape Town Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Cape Town $17Panama City $11
Hired Cars and Shuttles in Cape Town
Also for Cape Town, here are a few examples of actual transportation services:
- From 3-Day Safari and Coastal Tour with Transfer: $508
- From Group Transfer Only to Aquilla Game Reserve: $459
- Big 5 Aquila Safari Private Transfer with Park Fee From Cape Town: $300
- Jeep Dune Adventure Tour, Sandboarding & Transfer: $279
- Shark Cage Diving & Penguins Tour to Gansbaai with private transfers: $274
- Cape Town Morning or Afternoon Safari including private transfer: $254
- Aquila Safari Game Drive, Lunch & Shared Transfers from Cape Town: $252
- Whale Watching In Hermanus with Private Transfer: $250
- Pvt Airport to Hout Bay Transfer: $243
- Full Day Private Chauffeur and Transfer Services in Cape Town: $240
- 1 Day Helderberg Valley Winelands Tour with Private Transfers: $232
- Hermanus Wine Tour (Full Day Including Cape Town Transfers): $230
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Transfers from PTY Airport to Playa Bonita or Gamboa and Back: $33
- 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 vehicle from Panamá Tocumen Airport to Playa Bonita: $48
- 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 Playa Bonita or Gamboa to PTY Airport: $35
- Transfer from Panama City Hotel to Tocumen Airport: $23
- Transfer from PTY Airport or Panama City to Playa Blanca and Back: $77
- Transfer from PTY Airport or Panama City to Cruise Terminal: $30
- Transfer from Downtown Panama City to PTY Airport: $24
- Transfer Tocumen Airport to Panama City Hotels.: $25
Is it cheaper to fly into Cape Town or Panama City?
Prices for flights to both Panama City and Cape Town 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
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Food Meals for one dayCape Town $42Panama City $21
Food Tours and Cooking Classes in Cape Town
For Cape Town, here are some samples of tours and activities related to meals and dining experiences:
- Dinner At Mandela's - Cultural Township Dinner Experience: $28
- Cape Malay Cooking Class in Bo-Kaap: $41
- 3-Hour Malay Cooking Class & Lunch in Bo-Kaap: $43
- Authentic African Cuisine Cooking Experience: $55
- Sunset Champagne Cruise and 3-Course Dinner: $56
- Bo-Kapp Walking Tour and Malay Cooking Class: $59
- African Dinner, Drumming Experience with Transfer: $61
- African Dinner Experience from Cape Town: $61
- Authentic African Cuisine Cooking Experience: $62
- Cruise and Dine Dinner / Sunset Champagne Cruise and 3-Course Dinner: $71
- Cape Town Food tour (Includes all food) 4hrs: $76
- Private Cooking Class and Meal in Local Wynberg Cape Town Home: $80
Typical Food Prices in Panama City
Here are some examples of typical meal expenses from previous travelers to Panama City:
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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:
- Panamanian Dinner and Folkloric Show Ticket with Pickup: $60
- Panama Evening Food Tour: $60
- Panama City FOOD Tour: $65
- Night Out Experience (360 Panoramic Views + Dinner Show): $80
- Panama: 10-Recipe Boozy Panamanian Cooking Class + Dinner: $85
- The 'Real' Panamanian Private Food Tour: $200
Entertainment
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Entertainment Entrance tickets, shows, etc.Cape Town $23Panama City $66
Tours and Activities in Cape Town
For Cape Town, here are a few prices for actual activities, tours, and tickets provided by various companies:
- 3 Wineries Private Tour in Stellenbosch, Paarl Tasting Included: $137
- Cape Agulhas Full Day Private Tour: $192
- Cape Point Full Day Tour: $192
- Cape Point Private Tour withTable Mountain and Penguin Colony : $257
- Cape Point and Cape of Good Hope day tour Up to 10 persons: $66
- Cape Town - Kirstenbosch Botanic Gardens and City Tour: $280
- Cape Town Woodstock Street Art Walking Tour: $30
- CapeWinelands Private Tour to Stellenbosch,Franschhoek and Paarl: $96
- Day Tour in Robben Island, Bo-Kaap and Table Mountain : $166
- Long Walk to Freedom in Robben Island including Ticket & Afrogem: $156
- Mandela's Robben Island Museum Bo-Kaap Cape Town City Tour + Ferry ticket f/d: $165
- Penguins Private Tour- Cape of Good Hope & Cape Point Tour from Cape Town: $114
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- #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 Hour Airport Tour from Tocumen: $125
- 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 to Miraflores Locks and Sloth Sanctuary: $140
Alcohol
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Alcohol Drinks for one dayCape Town $21Panama City $18
Sample the Local Flavors in Cape Town
Also in Cape Town, these are the prices for nightlife and alcohol related activities from various tour providers:
- Distillery Tour, rum and gin tasting: $7.13
- Experience South African Craft Rum tasting and distillery tour in Cape Town: $9.60
- African drum show & wine tasting at Silvermist: $24
- Drumstruck at Silvermist. Live African Drum Show & Wine tasting: $25
- Sip 15 Wines on a 3-Region Wine Tour with Cheese: $38
- Wine Tour: Paarl, Franschhoek & Stellenbosch incl 3 wineries: $38
- Three Region Wine Tour: $44
- Cape Winelands and Wine Tasting Full Day Tour: $47
- half day wine tour & Safaris[Morning /Afternoon]: $49
- Stellenbosch: Half-Day Wine Tour: $51
- Fullday Wine Tour: $51
- Stellenbosch Wine Tour half day from Cape Town: $54
When comparing the travel costs between Cape Town and Panama City, we can see that Cape Town is more expensive. However, the two cities are actually relatively comparable in price, as the difference is somewhat minimal. Generally, this means that you could travel with generally the same travel style and level of luxury in each place. Even though Cape Town is in Africa and Panama City is in Central America, both of these destinations have relatively similar prices of travel. Generally, the levels of luxury and expenses are the same for these cities even though they are geographically far apart.
If you're trying to decide if either of these two destinations are within your price range, also see Is Cape Town Expensive? and Is Panama City Expensive?.
Which is Bigger, Cape Town or Panama City?
Cape Town has a larger population, and is about 8 times larger than the population of Panama City. When comparing the sizes of Cape Town 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.