Which place is cheaper, Panama City or Copenhagen?
These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.
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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 Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.
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Copenhagen Prices
Denmark PricesPanama City Prices
Panama Prices -
Average Daily Cost Per person, per dayCopenhagen $276Panama City $101
The average daily cost (per person) in Copenhagen is $276, while the average daily cost in Panama City is $101. 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 $98Panama City $35
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Accommodation Typical double-occupancy roomCopenhagen $196Panama 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 $78Panama 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$67
Hired Cars and Shuttles in Copenhagen
Also for Copenhagen, here are a few examples of actual transportation services:
- Private Transfer to Copenhagen Port: $273
- Copenhagen Airport (CPH) to Copenhagen City - Round-Trip Private Transfer: $252
- Private Transfers in Copenhagen – to/from airport or hotel: $252
- Copenhagen Roskilde Airport (RKE) to Copenhagen - Round-Trip Private Transfer: $243
- Copenhagen Roskilde Airport (RKE) to Copenhagen Port- RoundTrip Private Transfer: $236
- Private Transfer to/From Copenhagen to Malmo.: $218
- Kastrup hotel or address to Malmö City - Round-Trip Private Transfer: $208
- Copenhagen Kastrup Airport Chauffeur Service , private Transfer: $200
- Copenhagen Airport Transfers English Speaking Drivers: $190
- Private - Airport / City Transfers & Sightseeing: $175
- Private Transfer Airport To/From City: $171
- Private Luxury Van Transfer from Copenhagen Port to Copenhagen: $156
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Travel in Comfort Airport Transfer Pty: $30
- Transfers to Riu Playa Blanca, The Buenaventura Golf, Rio hato: $8.00
- Transfers from PTY Airport to Playa Bonita or Gamboa and Back: $27
- Transfers: $37
- Transfer to or from the airport / Min 2 pax: $20
- Transfer from Tocumen Airport to Playa Blanca Hotels: $85
- Transfer from Playa Bonita or Gamboa to PTY Airport: $35
- Transfer from PTY/Panama City to Cruise Terminal or Back: $32
- Transfer from Downtown Panama City to PTY Airport: $24
- Transfer Tocumen International Airport - Playa Blanca, Rio Hato, Buena Ventura: $75
- Transfer Panama City to Amador Cruise Port: $35
- San Blas Day Trip (Transfers & Lunch included): $175
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 $115Panama City $36
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$16
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 Copenhagen with Set Menu for Lunch or Dinner: $41
- Copenhagen : Best Street Food Tour With A Local Guide: $104
- Food Tour with 6+ Tastings of Danish Classics: $106
- Copenhagen Culinary Food Tour with 6+ Tastings of Danish Classics: $140
- Modern City Food Tour: $149
- Original Copenhagen food tour: 8 tastings, full meal & VIP access: $150
- Copenhagen Modern Food Tour: $153
- NEW! Eating Copenhagen Food Tour: More than Smørrebrød: $158
- E-Bike Guided Food Tour with 3 stops: $188
- Copenhagen Private Culinary Food Tour with 6 Tastings of Classics: $231
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$8.25
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 Food Tour Local Markets Immersion (Tasting tour + Lunch): $50
- Unique Ravioli Fusion Cooking Class with lunch in Panama City: $55
- Panama Evening Food Tour: $60
- Panamanian Dinner and Folkloric Show Ticket with Pickup: $65
- Panama City FOOD Tour: $65
- 3.5 -hour Afropanamanian Cooking Experience in Panama: $70
- E-Tickets Emotions Dinner Live Show Admission: $75
- Afro-Panamanian Cooking Class with Meal: $75
- Street Food Tour with 24 Tastings: $75
- Street Food Tour Panama (25+ tastings) By Paradox Experience: $90
- 4-Hour Guided Panamanian Cooking Class and Markets Experience: $95
- 4h Cooking Class in 10 Recipes & Bottomless Drinks: $95
Entertainment
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Entertainment Entrance tickets, shows, etc.Copenhagen $34Panama 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$9.36
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Coffee$15
Tours and Activities in Copenhagen
For Copenhagen, here are a few prices for actual activities, tours, and tickets provided by various companies:
- Østerbro: Evening Treats & Insights Walking Tour: $86
- 1 Hour Copenhagen Segway Tour: $67
- 1-Hour Private Segway Tour Copenhagen - Your own private group: $83
- 2 Hour Copenhagen Segway Tour: $87
- 2 Hours Copenhagen E-Bike Guided Tours: $87
- 3 Hour Copenhagen Architecture Masterclass Bike Tour: $83
- 3 Hour Copenhagen Liveability and Urban Design Bike Tour: $75
- 3-Hour Private Copenhagen Walking Tour: $188
- 3-hour Copenhagen City Highlights Bike Tour: $55
- 3-hour Culinary Bike Tour in English: $111
- 90-minute Private City Highlights Walking Tour in Copenhagen: $269
- Best of Copenhagen Biking Tour-3 Hours, Small Group max 10: $102
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- “Bike Tour Casco Viejo and Panama City Discover the Essence: $40
- "Bridge of the Americas Stand-Up Paddle Private 2 hours Tour ": $100
- 1- or 2-Night Experience in San Blas Islands: $260
- 2 Days Island Hopping Adventure San Blas Islands - Private Cabin: $265
- 2 Hours Private Luxury Tour in a Convertible Car in Panama City: $255
- 2 Nights in San Blas - Shared Cabin + Meals + Boat Tour: $179
- 2-Day San Blas Adventure from Panama City with WiFi: $260
- 3 Hour Airport Tour from Tocumen: $125
- 3 Hours Private Walking Tour in Casco Antiguo Panama City: $45
- 4-Hour Guided Tour of Panama Canal & Old Town & More: $150
- 4-hour tour in Panama: $105
- 5 Hours Private Panama City Tour: $200
Alcohol
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Alcohol Drinks for one dayCopenhagen $15Panama 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:
- Guided Party Pub Crawl with 4 Shots and 1 Drink: $47
- Vejrhøj Arch Hike with Wine Tasting & Lunch: $251
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.