Which place is cheaper, Panama City or Cuenca?
These are the overall average travel costs for the two destinations.
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Should you visit Cuenca or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
Which city should you visit? Read on to compare the activities as well as the prices of travel for Cuenca and Panama City. We'll break down costs for accommodation, food, transportation and more to help you learn more about these two destinations. Then, you can figure out if either of these two places are accessible based on your travel budget, schedule, and interests. So, let's dig into it.
Where Should I go: Cuenca or Panama City?
Cuenca
Cuenca is a vibrant colonial city in southern Ecuador, the third largest in the country, and the capital of Azuay Province. Cuenca is considered as Ecuador's most important and beautiful colonial city after Quito. Dating from the 16th century, Cuenca's historic center, a Unesco World Heritage Site with its trademark skyline of massive rotundas and soaring steeples, is a magical sight in which you will feel like you are moving back in time. Cuenca is the center of many craft traditions, including ceramics, metalwork and the internationally famous panama hat. The nearby villages also offer many other handicrafts. Tourists enjoy wandering the ancient streets discovering picturesque alleys and hidden corners, where nuns march along cobblestone streets and kids in Catholic-school uniforms skip past historic churches. Fascinating historic monuments and fabulous views are found at every turn. Cuenca also has outstanding art museums and festivals. For a rewarding cultural experience, visit during Easter to attend the Festival of Religious Music.
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 Wildlife Tours to Ecuador, The Best Hiking & Trekking Tours in Ecuador, 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 dayCuenca $42Panama City $86
The average daily cost (per person) in Cuenca is $42, 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 Cuenca and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personCuenca $13Panama City $35
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Accommodation Typical double-occupancy roomCuenca $26Panama City $70
Compare Hotels in Cuenca and Panama City
Looking for a hotel in Cuenca 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: Cuenca Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Cuenca $11Panama City $11
Typical Local Transportation Prices in Cuenca
Below are a few samples from actual travelers for transportation costs in Cuenca:
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Taxi Ride$2.00
Hired Cars and Shuttles in Cuenca
Some specific examples of transportation prices in Cuenca:
- Private Transfer from Cuenca to Guayaquil.: $104
- Shared transfer from Hotel to Airport in Cuenca: $47
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Airport TRANSFER 1 way Tocumen Howard BLB Albrook Rio Hato Colon: $28
- PTY Tocumen Airport Private Transfer One Way or Round Trip!: $45
- Panama Airport (PTY) to Panama city - Arrival Private Transfer: $28
- Panama Airport (PTY) to Panama city - Round-Trip Private Transfer: $57
- Panama Airport (PTY) to Playa Blanca Round-Trip Private Transfer: $127
- Panama Airport (PTY) to Playa Bonita/Gamboa - Private Transfer: $38
- Embera Indian Village Tour w/ Airport Transfer: $290
- Guided Panama Canal & City Tour with Transfers: $65
- Half-Day City & Canal Tour w/ Airport Transfer: $215
- Historic District and Canal Tour with Transfer: $65
- One-Way or Round-Trip PTY Airport Transfer: $47
- Shopping at Albrook Mall & Round-Trip Transfer: $36
Is it cheaper to fly into Cuenca or Panama City?
Prices for flights to both Panama City and Cuenca 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 dayCuenca $15Panama City $21
Typical Food Prices in Cuenca
Below are a few samples from actual travelers for food and meal costs in Cuenca:
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Lunch$10
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Snacks$5.00
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Empanada$1.50
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Hot Dog$1.00
Food Tours and Cooking Classes in Cuenca
Also, here are some specific examples of food and dining related activities in Cuenca.
- Street food Tour in Cuenca,Ecuador: $33
- Cooking Class & Market Tour in Cuenca: $55
- Cuenca City Tour & Cooking Class (PRIVATE Tour from Cuenca): $112
- Private Cooking Class: $125
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:
- Panama Evening Food Tour: $60
- 10-Recipe Boozy Panamanian Cooking Class : $85
- 4-Hour Guided Panamanian Cooking Class and Markets Experience: $85
- 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.Cuenca $16Panama City $66
Tours and Activities in Cuenca
Here are a few actual costs in Cuenca for available activities, ticket prices, and tours:
- Cuenca-Ec- City Tour with Panama Hat factory Half Day: $30
- Amazing Cajas National Park Tour from Cuenca: $48
- Azuay: San Bartolomé, Gualaceo, and Chordeleg Artisanal Tour: $63
- Biking Cuenca City Tour: $50
- Birdwatching Tour in Cajas National Park from Cuenca: $100
- Birdwatching Tour in Giron and Yunguilla Jocotoco Reserve from Cuenca: $150
- Birdwatching Tour, Via Gualaceo to the Eastern slope from Cuenca: $130
- Cañari Bike Tour: $96
- Cajas National Park Half Day Tour from Cuenca: $40
- Cajas National Park Small-Group tour from Cuenca: $49
- Cajas National Park Tour from Cuenca: $49
- Cajas National Park and Cuenca City private Tour: $115
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- Bar tour in El Cangrejo with Bar Hopping Panama: $20
- Tour de bares en El Cangrejo con Bar Hopping Panama: $20
- POIN The Edge Experience: $27
- POIN Glass Viewpoint Experience: $27
- POIN Swing Experience: $27
- Highlights Bike Tour in Casco Viejo & Cinta Costera: $28
- Panama City Bike Tour: $30
- City Sightseeing Hop-On Hop-Off Bus Tour: $30
- walking tour in Casco Antiguo !: $30
- Sunset Walking Tour at Casco Viejo El Chorrillo and the fish market: $30
- City Sightseeing Panama City Hop-On Hop-Off Bus Tour: $30
- Bike tour in Panama City and Old Quarter with local guided: $31
Alcohol
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Alcohol Drinks for one dayCuenca $14Panama City $18
When we compare the travel costs of actual travelers between Cuenca and Panama City, we can see that Panama City is more expensive. And not only is Cuenca much less expensive, but it is actually a significantly cheaper destination. Since Cuenca is in South America 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 Cuenca would let you spend less money overall. Or, you could decide to spend more money in Cuenca 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 Cuenca.
If you're trying to decide if either of these two destinations are within your price range, also see Is Cuenca Expensive? and Is Panama City Expensive?.
Which is Bigger, Cuenca or Panama City?
Panama City has a larger population, and is about 47% larger than the population of Cuenca. When comparing the sizes of Cuenca 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.