A Travel Price Comparison for Families, Couples, and Backpackers Cozumel vs. Panama City for Beaches, Families, Nightlife, and Resorts

Should you visit Cozumel or Panama City?

Which is cheaper to visit? Which is more expensive for vacation?

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 Cozumel and Panama City can help you decide which place is right for you.

Cozumel

Cozumel is a active, colorful, and scenic island. It's a beautiful place to visit, too. And you can't forget about the shopping, museums, and nightlife.

Panama City

Panama City is a fun-filled, active, and cosmopolitan beach town. It's a gorgeous place to visit. Other reasons to visit include beaches, shopping, and nightlife.

Cozumel and Panama City: Pros and Cons

Pros
  • Popular museums and historical sights
  • Active nightlife
  • Good scuba and snorkeling destination
  • Popular beach
  • Family-friendly
  • Good for couples and romance
  • Good for backpackers and budget travelers
  • Very walkable
Pros
  • Active nightlife
  • Good music scene
  • Popular beach
  • Family-friendly
  • Good for couples and romance
  • Good for students
Things to Consider
  • Less walkable


Is there more to do in Cozumel or Panama City?

Travelers will usually find more to do in Cozumel. Although Cozumel and Panama City are popular destinations, Cozumel has more sights and attractions for tourists. Cozumel is very popular for its museums, resorts, scuba diving & snorkeling, beaches, and shopping, while Panama City attracts visitors for its music. Cozumel is famous for its beautiful beaches and world class dive sites. It is also well known for Palancar Reef. Panama City is famous for its watersports, sandy beaches, and year-round beach weather.

How is Cozumel different from Panama City?

Which is Better for a Holiday?

Let's take a look at the differences and similarities between Panama City and Cozumel. Then, you can decide for yourself which place is better for your next trip.

Are the Museums and Historical Sights Better in Cozumel or Panama City?

Cozumel
Panama City

Cozumel is a nice place to visit for its museums and landmarks. However, Panama City does not have museums and landmarks.

Cozumel offers a variety of museums and landmarks to choose from. Check out the Island Museum, the Coral Reefs Monument, and some of the local Mayan ruins. Also worth a visit is Cozumel's Lighthouse.

Panama City does not have museums and landmarks.


Is the Food Better in Cozumel or Panama City? Which Destination has the Best Restaurants?

Cozumel
Panama City

Both Cozumel and Panama City offer a number of nice restaurants to choose from.

There are plenty of up and coming restaurants around Cozumel. You'll find a mix of tourist restaurants and hidden gems that serve up authentic Mexican dishes. Wander off the main streets to find the restaurants that are tucked away from the cruise ship crowds.

Visitors will find a budding food and restaurant scene in Panama City. 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.

Is Cozumel or Panama City Better for Nightlife?

Cozumel
Panama City

If the nightlife is your priority, you'll find excellent options in both Cozumel and Panama City.

The nightlife in Cozumel has something for everybody. The nightlife scene is filled with cocktail lounges, beachfront bars, and wild weekend parties. There is something for everyone, whether you'll looking to sip wine by the ocean or party into the early morning.

Panama City offers plenty to do in the evening. 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.

Is Cozumel or Panama City Better for Music?

Cozumel
Panama City

Panama City is very good for live music. However, Cozumel 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.

Cozumel is not a live music destination.


Is Cozumel or Panama City Better for Resorts?

Cozumel
Panama City

Cozumel is a great destination for its resorts. Also, Panama City is still popular, but not quite as popular for its luxury resorts.

Cozumel is a popular resort destination that attracts visitors from everywhere. There are hotels in the city center, and resorts by the beaches. For diving and snorkeling, stay in Southern Cozumel. Golfing and waterfront properties are popular in Northern Cozumel.

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.

Is Cozumel or Panama City Better for Scuba Diving and Snorkeling?

Cozumel
Panama City

Cozumel is an amazing island to visit for its diving and snorkeling. However, Panama City is not a scuba or snorkeling destination.

People travel to Cozumel specifically to enjoy its famous scuba diving and snorkeling areas. Many people visit Cozumel specifically for the world class diving. Palancar Reef is one of the best dive spots in the area, and thanks to conservation efforts it is rebounding and offers a diverse environment.

Panama City is not a scuba or snorkeling destination.

Is Cozumel or Panama City Better for Beaches?

Cozumel
Panama City

Cozumel is an amazing island to visit for the beache. Also, Panama City is still popular, but not quite as popular for the beach.

The beaches in Cozumel are among the best in the world. The island is lined with beautiful beaches and you'll find great snorkeling and tourist-friendly amenities. Some of the best beaches are Playa Punta Morena, Playa El Cielo, and Playa Chen Rio.

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.


Is the Shopping Better in Cozumel or Panama City?

Cozumel
Panama City

Cozumel is a great destination for its shopping opportunities. Also, Panama City is still popular, but not quite as popular for its shopping areas.

Cozumel is a popular shopping destination with plenty of stores. For the best shopping head to Plaza del Sol, the Royal Village Shopping Center, or Los Cincos Soles. Expect cruise ship crowds and no shortage of tourists.

Panama City has a variety of shopping areas worth visiting. There are a number of malls and shopping centers in the area.

Is Cozumel or Panama City Better for Families?

Cozumel
Panama City

Panama City is a must-visit destination for its kid-friendly activities. Also, Cozumel is not as popular, but is still a nice island for its family-friendly activities.

Panama City is one of the most popular family destinations. 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.

Cozumel is a very kid-friendly island. The area is filled with water parks, snorkeling opportunities and, of course, fun-filled beaches. There are also wildlife reserves and Mayan ruins that aren't too far away.

Is Cozumel or Panama City Better for Couples?

Cozumel
Panama City

Both Cozumel and Panama City are excellent destinations to visit as a couple.

Cozumel is a great island if you're traveling as a couple. Beaches, resorts, and adventure sports make this the perfect couples destination. There are also great restaurants and plenty of interesting places to explore.

Panama City is a very popular place to visit for couples. 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.


Is Cozumel or Panama City Better for Backpackers and Budget Travelers?

Cozumel
Panama City

Cozumel is a great destination for backpackers. However, Panama City is not a backpacker-friendly destination.

Cozumel is a great island to visit for backpackers. There are a few hostels in town and it's a safe and easy place to explore independently.

Panama City is not a backpacker-friendly destination.

Is Cozumel or Panama City Better for Students?

Cozumel
Panama City

Panama City is a great beach town for its student-friendly activities. However, Cozumel 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.

Cozumel is not popular with students.

Is Cozumel or Panama City Better for Public Transit? Which Is Easier to Get Around Without a Car?

Cozumel
Panama City

Cozumel and Panama City both offer reasonable public transit to get you around.

Public transit is mostly limited in Cozumel. Local buses don't efficiently travel to the beaches or the hotel areas, so most tourists don't use them.

Public transit is generally limited in Panama City. Most people need a car in Panama City but there is a trolley service that connects major tourist areas.


Is Cozumel or Panama City a more walkable city?

Cozumel
Panama City

Cozumel 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.

Cozumel is a very walkable island. It's easy to walk around the downtown as it's compact and fun to explore on foot.

Panama City is not a very walkable island. There's often construction and the streets aren't designed for pedestrians.

For even more information, also check out Is Cozumel Worth Visiting? and Is Panama City Worth Visiting?.

Should I spend more time in Panama City or Cozumel?

How long in Cozumel or Panama City?

Both Cozumel and Panama City have a number of activities to choose from. In our opinion, Cozumel has more to see and do, so we recommend that you spend more time in Cozumel than Panama City. However, 3-7 days is a good amount of time to spend in either destination.

Families should spend more time in Cozumel than Panama City. Because of the many family-friendly attractions and fun things to do for kids in Cozumel, it's a great place to visit with the whole family.

Couples should spend more time in Cozumel than Panama City. You'll find plenty of romantic sights and fun activities in Cozumel that are great for a weekend getaway or a longer couple's trip.

Backpackers and budget travelers should spend more time in Cozumel 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 Cozumel.


  • How many days in Cozumel or Panama City? Ideal Length of Stay
    Cozumel 3-7 
    Panama City 3-7

One day in Cozumel or Panama City?

Visitors enjoy the scuba diving and snorkeling and shopping when visiting the vibrant island of Cozumel. 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.

In Panama City, you'll find nightlife and live music. You'll find plenty of activities on the beach. This beach town offers something for everyone. One day is usually not enough time for a trip here as there is plenty to do.

A weekend in Cozumel or Panama City?

Visitors enjoy the shopping and museums when visiting the vibrant destination of Cozumel. It's a great spot for a beach vacation. This island offers something for everyone. Since there is so much to do in the area, a weekend is probably not enough for all of it.

In Panama City, you'll find live music and food. The length of your trip often depends on your style of travel. Most people come for the beaches. Since there is so much to do in the area, a weekend is probably not enough for all of it.


Five days in Cozumel or Panama City?

Visitors enjoy the museums and nightlife when visiting the scenic island of Cozumel. 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.

Panama City is a great place to explore. It is common to spend five days here. Many visitors spend time at the beach while visiting the area. Five days is a great amount of time to relax and see the many things that Panama City has to offer. Anyone can find something fun to do here.

A week in Cozumel or Panama City?

Visitors enjoy the nightlife and food when visiting the destination of Cozumel. 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 island.

It's hard to know how much time to spend in Panama City. In Panama City, you'll find shopping and nightlife. People usually spend lots of time at the beach. With all of its activities, you can easily fill one week here.


For some great organized tour ideas, see Tours for Outdoor and Nature Lovers in Mexico, The Best Adventure Tours to Mexico, The Best Bicycle Tours in United States of America, and Tours for Outdoor and Nature Lovers in United States of America.


Which place is cheaper, Panama City or Cozumel?

These are the overall average travel costs for the two destinations.

The average daily cost (per person) in Cozumel is $118, 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 Cozumel and Panama City in more detail.



Accommodation
  • Accommodation Hotel or hostel for one person
    Cozumel $70
    Panama City $128
  • Accommodation Typical double-occupancy room
    Cozumel $140
    Panama City $256
Compare Hotels in Cozumel and Panama City

Looking for a hotel in Cozumel 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.

Hotels in Cozumel


Hotels in Panama City


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: Cozumel Hotel Prices and Panama City Hotel Prices.

Local Transportation
  • Local Transportation Taxis, local buses, subway, etc.
    Cozumel $23
    Panama City $48

Hired Cars and Shuttles in Cozumel

Also for Cozumel, here are a few examples of actual transportation services:

  • ATV Adventure to Jade Cavern with transfer: $93
  • Cozumel Airport or Ferry/Cruise Port Transfer to/from Cozumel: $80
  • Cozumel Airport to Cozumel Port Arrival Private Transfer: $44
  • Cozumel Cruise Port to Cozumel Island Hotels - Round-Trip Private Transfer: $87
  • Cozumel Cruise Port to Cozumel hotels Arrival Private Transfer: $44
  • Cozumel Island Transfers: $70
  • Cozumel Island hotels to Cozumel Cruise Port - Departure Private Transfer: $44
  • Cozumel Port to Cozumel Airport CZM Departure Private Transfer: $44
  • Cozumel Private Airport Transfer: $150
  • Cozumel to Mexico Cozumel Airport (CZM)Departure Private Transfer: $44
  • Shared Transfer from Airport to Hotel: $30
  • Cuban Cigar Master Class & Beach Break® with transfer: $153

Is it cheaper to fly into Cozumel or Panama City?

Prices for flights to both Panama City and Cozumel 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 day
    Cozumel $24
    Panama City $66

Food Tours and Cooking Classes in Cozumel

For Cozumel, here are some samples of tours and activities related to meals and dining experiences:

  • Authentic Mayan Cooking Class in Cozumel: $61
  • Cozumel Food Tour: $90
  • Cozumel Cooking Class: $115

Entertainment
  • Entertainment Entrance tickets, shows, etc.
    Cozumel $44
    Panama City $19

Tours and Activities in Cozumel

Also, here are some specific examples of entertainment, tickets, and activities for Cozumel.

  • 1 Hour and Half Private Tropical Fitness Experience in Cozumel: $6.00
  • Cozumel!! Guacamole And Margarita Fiesta!!! ( Virtual Experience): $12
  • Skip the Line: Admission Ticket to El Cedral Town and Mayan Temple: $16
  • 2 Hour Discover Mermaid Experience : $20
  • Cozumel El Cielo 3x1 Reefs Tour: $29
  • Clear Boat and Snorkel Tour in Cozumel All Inclusive: $35
  • Amazing Cozumel Buggy Adventure with Snorkeling Tequila and More: $39
  • Cozumel Beach Horseback Riding Tour: $40
  • Cozumel Buggy Adventure: Snorkeling and Tequila Tasting: $40
  • Off Road Adventure with ATVs and El Cedral Ruins: $40
  • VIP Glass Bottom Boat & Snorkeling 3 Reefs Tour: $41
  • Guided Day Tour in Cozumel on a Clear Boat and Electric Scooter: $41

Tours and Activities in Panama City

Here are a few actual costs in Panama City for available activities, ticket prices, and tours:

  • 2 Hour Dolphin Sightseeing Tour with Capt. Zach's Adventures: $73
  • 2 Hour Dolphin and Sightseeing Tour in Panama City Beach, Fl: $72
  • 2 Hour Private Dolphin and Sightseeing Tour in Shell Island: $65
  • 3 Hour Cruise, Snorkel, Swim/float Sandbar - tandem tiki option: $80
  • 90 min Cruise at Lower Grand Lagoon : $54
  • Beach Sunset and Lagoon Skyline Tour: $70
  • Beginner Scuba Diving Tour PCB Free Videos: $129
  • Beginner Scuba Diving Tour with Videos-PCB: $129
  • Catamaran Snorkel and Dolphin Watch Tour in Panama City Beach: $60
  • Cypress Springs Eco Adventure: $110
  • Discover Snorkeling Tour in Panama City: $65
  • Dolphin Sightseeing Tour on The Footloose Catamaran from Panama City Beach: $35

Alcohol
  • Alcohol Drinks for one day
    Cozumel $11
    Panama City $56

Sample the Local Flavors in Cozumel

Some specific costs for nightlife related activities in Cozumel:

  • Chocolate Seaside Workshop & Wine Tasting: $49
  • Cozumel 5-Hour Private Bar Crawl Tour: $110


When we compare the travel costs of actual travelers between Cozumel and Panama City, we can see that Panama City is more expensive. And not only is Cozumel much less expensive, but it is actually a significantly cheaper destination. So, traveling to Cozumel would let you spend less money overall. Or, you could decide to spend more money in Cozumel 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 Cozumel.

If you're trying to decide if either of these two destinations are within your price range, also see Is Cozumel Expensive? and Is Panama City Expensive?.


Which is Bigger, Cozumel or Panama City?

Cozumel has a larger population, and is about 96% larger than the population of Panama City. When comparing the sizes of Cozumel 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.