Which place is cheaper, Panama City or Copenhagen?
These are the overall average travel costs for the two destinations.
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Should you visit Copenhagen 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 Copenhagen 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: Copenhagen or Panama City?
Copenhagen
Copenhagen is the capital city of Denmark. It has a small town vibe but is still a cosmopolitan city with lots of shopping, culture, and nightlife. It's a very safe and comfortable city that is easy to explore on foot. Copenhagen is the birthplace of many old fairytales, but also has modern, world class architecture and a liberal vibe. The people of Copenhagen are diverse and international. Most residents are Danes, but some come from Germany and Sweden and there are also many Middle Eastern immigrants.
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 Denmark, The Best Sightseeing Tours in Denmark, 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 dayCopenhagen $210Panama City $86
The average daily cost (per person) in Copenhagen is $210, 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 Copenhagen and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personCopenhagen $91Panama City $35
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Accommodation Typical double-occupancy roomCopenhagen $182Panama City $70
Compare Hotels in Copenhagen and Panama City
Looking for a hotel in Copenhagen 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: Copenhagen Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Copenhagen $72Panama City $11
Typical Local Transportation Prices in Copenhagen
Below are a few samples from actual travelers for transportation costs in Copenhagen:
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Bicycle Renting$62
Hired Cars and Shuttles in Copenhagen
Also for Copenhagen, here are a few examples of actual transportation services:
- Copenhagen Airport (CPH): Transfer to Fredericia Port: $872
- Fredericia Cruise Port: Private Transfer to Copenhagen city: $872
- Copenhagen Airport (CPH): Transfer to Copenhagen Port: $335
- Copenhagen Airport (CPH): Private Transfer to Copenhagen: $320
- Copenhagen Roskilde Airport(RKE):Transfer to Copenhagen Port: $267
- Copenhagen hotel or address to Malmö City - Private Round-Trip Transfer: $256
- Private Transfer to Copenhagen Port: $251
- Copenhagen Airport (CPH) to Copenhagen Port - Round-Trip Private Transfer: $207
- Private Transfer from Copenhagen Airport (CPH) to Fredericia Port: $168
- Private Transfer from Copenhagen city to Fredericia Cruise Port: $168
- Private Transfer Airport To/From Cruise Port: $159
- Copenhagen Roskilde Airport (RKE) to Copenhagen Port- RoundTrip Private Transfer: $153
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 Copenhagen or Panama City?
Prices for flights to both Panama City and Copenhagen 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 dayCopenhagen $62Panama City $21
Typical Food Prices in Copenhagen
For Copenhagen, here are some examples of average food and meal prices for travelers:
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Hot Dogs$14
Food Tours and Cooking Classes in Copenhagen
For Copenhagen, here are some samples of tours and activities related to meals and dining experiences:
- Hard Rock Cafe with Set Menu for Lunch or Dinner: $34
- Hard Rock Cafe Copenhagen with Set Menu for Lunch or Dinner: $35
- Food Tour in Multi-Cultural Nørrebro District: $92
- Copenhagen Walking Food Tour With Secret Food Tours: $125
- The Copenhagen Culinary Experience Food Tour: $147
- Private Authentic Home Indian Cooking & Dining Experience: $147
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.Copenhagen $31Panama City $66
Typical Entertainment Prices in Copenhagen
Below are a few sample prices from actual travelers for Copenhagen's activities, tours, and tickets:
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Boat Tour$8.66
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Coffee$14
Tours and Activities in Copenhagen
For Copenhagen, here are a few prices for actual activities, tours, and tickets provided by various companies:
- 3 Hours Tour To Wonderful Copenhagen Highlights: $262
- 3h walking tour, small group max 10 people Copenhagen: $62
- Light Version Adventures in Forgotten Giants : $144
- 1 Hour Copenhagen Segway Tour: $58
- 2 Hours Copenhagen E-Bike Guided Tours: $77
- 2 Hours Guided Kayak Tour in Copenhagen Harbor: $58
- 2-Hour Private Copenhagen Segway Tour: $92
- 3 Hour Private Guided Copenhagen Walking Tour: $117
- 3-Hour Private City Walking Tour with a Canal Tour ticket: $175
- 3-hour Culinary Bike Tour in English: $97
- 90-minute Private City Highlights Walking Tour in Copenhagen: $250
- A slow pace tour of Kronbog Castle and Frederiksborg Palace: $134
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 dayCopenhagen $13Panama City $18
Sample the Local Flavors in Copenhagen
Also in Copenhagen, these are the prices for nightlife and alcohol related activities from various tour providers:
- Alternative Nightlife Pub Crawl: $36
- Guided Party Pub Crawl with 4 Shots and 1 Drink: $43
- Pub Crawl Copenhagen: $44
- Danish Wine Tasting Tour with Guide in Copenhagen Nyhavn: $361
When we compare the travel costs of actual travelers between Copenhagen and Panama City, we can see that Copenhagen is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Copenhagen is in Europe 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 Panama City would let you spend less money overall. Or, you could decide to spend more money in Panama City 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 Copenhagen would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Copenhagen than you might in Panama City.
If you're trying to decide if either of these two destinations are within your price range, also see Is Copenhagen Expensive? and Is Panama City Expensive?.
Which is Bigger, Copenhagen or Panama City?
Copenhagen has a larger population, and is about 3 times larger than the population of Panama City. When comparing the sizes of Copenhagen 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.