Which place is cheaper, Panama City or Foz do Iguacu?
These are the overall average travel costs for the two destinations.
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Should you visit Foz do Iguacu 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 Foz do Iguacu 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: Foz do Iguacu or Panama City?
Foz do Iguacu
Foz do Iguacu is a larger city in Brazil that is most famous for the Iguacu Falls. The city serves as an entry point for Paraguay and Argentina as well. The obvious reason to visit the city is to see the beautiful falls, and together with Ciudad del Este, Paraguay and Puerto Iguazu, Argentina, it makes up one of the largest tourism sights in South America.
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 Budget Tours to Brazil, The Best Tours for Seniors to Brazil, 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 dayFoz do Iguacu $66Panama City $86
The average daily cost (per person) in Foz do Iguacu is $66, 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 Foz do Iguacu and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personFoz do Iguacu $29Panama City $35
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Accommodation Typical double-occupancy roomFoz do Iguacu $58Panama City $70
Compare Hotels in Foz do Iguacu and Panama City
Looking for a hotel in Foz do Iguacu 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: Foz do Iguacu Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Foz do Iguacu $13Panama City $11
Hired Cars and Shuttles in Foz do Iguacu
Some specific examples of transportation prices in Foz do Iguacu:
- Transfer IN IGU & Iguassu Falls Brazilian side & Macuco Boat Safari: $220
- Private E Bike Tour Iguaçu Waterfalls + Transfers + Tickets: $131
- Shared Roundtrip Transfers with Brazilian and Argentinian sides: $120
- Roundtrip Airport Transfer in Foz do Iguaçu: $49
- Transfer from Foz de Iguazu Airport to Hotels on the Argentine side: $42
- Private transfer from Foz do Iguaçu airport and bus station: $22
- Foz do Iguaçu Airport Private Transfer : $20
- Transfer Cataratas Argentina: $19
- IGU Airport Transfers: $17
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 Foz do Iguacu or Panama City?
Prices for flights to both Panama City and Foz do Iguacu 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 dayFoz do Iguacu $22Panama City $21
Food Tours and Cooking Classes in Foz do Iguacu
Also, here are some specific examples of food and dining related activities in Foz do Iguacu.
- Official Entrance: Dinner with Latin American Show at Rafain Steakhouse: $52
- Entrance to Rafain with Dinner and Show: $74
- Rafain dinner Samba Show: $94
- Transport to Acaray Casino + dinner (optional): $100
- Dinner Show - Rafain Steakhouse : $100
- Rafain Steakhouse Show - Dinner and Show Included: $103
- Dinner Show at Rafain in Foz do Iguaçu: $107
- Dinner Show Rafain Steakhouse Belmond Hotel Cataratas : $135
- Foz do Iguacu Dancing Musical Show with Dinner and Pickup: $208
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.Foz do Iguacu $24Panama City $66
Tours and Activities in Foz do Iguacu
Here are a few actual costs in Foz do Iguacu for available activities, ticket prices, and tours:
- 2 Days Private Tour Argentinean & Brazilian Side of Iguazu Falls: $150
- 2-Day Private Tour Iguaçu Falls Brazil and Argentina: $229
- 2-Day Private Tour to Argentina and Brazil Falls: $112
- 2-Days Private Brasil & Argentina Iguassu Falls Experience : $116
- 2-day private tour Both waterfalls+ bird park: $199
- Airport IGU Pick-Up & Shopping In Paraguay & Hotel Drop-Off - Private Tour: $100
- Airport IGU Round Trip & Iguassu Falls Argentinean side & Great Adventure: $295
- Argentina Bike Experience: Interact with indigenous communities: $90
- Argentinean Side Iguassu Falls - Private Tour: $120
- Argentinian Side of the Falls - All Tickets Included: $92
- Argentinian Side of the Falls and Boat Tour Gran Aventura - All Tickets Included: $231
- Bird Park Tour: $25
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 dayFoz do Iguacu $12Panama City $18
Typical Alcohol Prices in Foz do Iguacu
Here are a few samples of the prices for alcohol and nightlife in Foz do Iguacu from other travelers:
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Beer$0.88
When we compare the travel costs of actual travelers between Foz do Iguacu and Panama City, we can see that Panama City is more expensive. And not only is Foz do Iguacu much less expensive, but it is actually a significantly cheaper destination. Since Foz do Iguacu 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 Foz do Iguacu would let you spend less money overall. Or, you could decide to spend more money in Foz do Iguacu 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 Foz do Iguacu.
If you're trying to decide if either of these two destinations are within your price range, also see Is Foz do Iguacu Expensive? and Is Panama City Expensive?.
Which is Bigger, Foz do Iguacu or Panama City?
Panama City has a larger population, and is about 39% larger than the population of Foz do Iguacu. When comparing the sizes of Foz do Iguacu 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.