Which place is cheaper, Panama City or Frankfurt?
These are the overall average travel costs for the two destinations.
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Should you visit Frankfurt 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 Frankfurt and Panama City can help you decide which place is right for you.
Where Should I go: Frankfurt or Panama City?
Frankfurt
Frankfurt is the financial and business hub of Germany. It houses the European Central Bank and the German Stock Exchange, and often plays host to trade shows and business fairs. It has the country's most modern skyline and the largest airport. It is also a transportation hub for Germany with many important train lines passing through. The city itself is situated on the River Main. Some of the most important sights are along the river near Romer Square and include museums and monuments. This area pulls in millions of tourists every year. Although many sights are clustered in this area, it's important to head into more off the beaten path areas that can be enjoyable to explore. These areas offer glimpses into daily life in Frankfurt.
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 Coach Bus Tours in Germany, The Best Adventure Tours to Germany, 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 dayFrankfurt €122Panama City €80
The average daily cost (per person) in Frankfurt is €122, while the average daily cost in Panama City is €80. 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 Frankfurt and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personFrankfurt €58Panama City €33
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Accommodation Typical double-occupancy roomFrankfurt €116Panama City €66
Compare Hotels in Frankfurt and Panama City
Looking for a hotel in Frankfurt 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: Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Frankfurt €25Panama City €9.94
Typical Local Transportation Prices in Frankfurt
Here are some examples of typical transportation prices from actual travelers in Frankfurt:
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Car Rental€50
Hired Cars and Shuttles in Frankfurt
Also for Frankfurt, here are a few examples of actual transportation services:
- Private transfer from Frankfurt am Main to Prague: $1,066
- Transfer from Frankfurt Airport to Munich: $700
- Transfer from Frankfurt Airport to Baden-Baden: $398
- Frankfurt Highlights Private Car Tour with Airport Transfers: $385
- Private Transfer: Frankfurt to River Cruise Dock Nuremberg Port/Harbor transport: $284
- Transfer in Private Vehicle from Frankfurt Airport (FRA)- Kaiserlautern: $267
- Private Transfer Frankfurt Airport to Heidelberg City by Minivan: $157
- Frankfurt Airport (FRA) to Baden-Baden Thermal - Arrival Transfer: $142
- Frankfurt Airport (FRA): Private Transfer to Frankfurt: $141
- Private Transfer from Frankfurt City to Stuttgart City: $139
- BaronFleet Frankfurt- Arrival & Departure Airport Transfers: $132
- Roundtrip Transfer Private Minivan Frankfurt Airport (FRA) - Frankfurt City: $123
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 Frankfurt or Panama City?
Prices for flights to both Panama City and Frankfurt 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 dayFrankfurt €41Panama City €19
Typical Food Prices in Frankfurt
For Frankfurt, here are some examples of average food and meal prices for travelers:
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Soda€2.00
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Bagel Sandwich and Latte€7.00
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Ham & Cheese Sandwich and Coffee€6.00
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Sandwich and Cola€7.00
Food Tours and Cooking Classes in Frankfurt
For Frankfurt, here are some samples of tours and activities related to meals and dining experiences:
- Sharing Plate Food Tour In Frankfurt: $65
- FOOD TOUR WITH 3-4 LOCAL INSIDER FOODSPOTS: $81
- FOOD TOUR TO 3-4 LOCAL FOODSPOTS: $81
- Eltz Castle Small-Group Tour from Frankfurt with Dinner: $282
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€7.69
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.Frankfurt €36Panama City €61
Tours and Activities in Frankfurt
For Frankfurt, here are a few prices for actual activities, tours, and tickets provided by various companies:
- 2-Hour Best of Frankfurt Walking Tour (English): $26
- Atta Dripstone Cave and Braunfels Castle Tour from Frankfurt: $271
- Bike Tour of Frankfurt Top Attractions & Nature with a Guide : $207
- Brandenburg Scavenger Hunt and Sights Self-Guided Tour: $11
- Breathtaking Pearls of Frankfurt – Walking Tour: $376
- Cologne & Limburg Full-Day Tour: $285
- Culinary Frankfurt Walking Tour: $612
- Discover Frankfurt's Heritage: Self-Guided Audio Tour: $11
- Explore Bird & Marine Wildlife private Boat Tour in English: $108
- Franfurt Horror Tour: Terror of the White Spider: $20
- Frankfurt - Old Town Historic Walking Tour: $377
- Frankfurt - Private Shopping tour: $398
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 dayFrankfurt €30Panama City €17
Typical Alcohol Prices in Frankfurt
Below are a few samples from actual travelers for alcohol and nightlife costs in Frankfurt:
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Becks Beer€2.00
Sample the Local Flavors in Frankfurt
Here are a few nightlife and alcohol tours and activities from local tour providers in Frankfurt:
- Night Pub Crawl through Alt-Sachsenhausen: $22
- Weekend Night Pub Crawl through Alt-Sachsenhausen: $34
- Full Day Private Rhine Valley Wine Tour Experience from Frankfurt: $280
- Frankfurt Wine Tasting Tour with a Wine Expert: $282
- Frankfurt Wine Tasting Tour with a Wine Expert: $286
- Guided Walk Tour With Apple Wine Tasting: $336
- Bachelor(ette) Party with Pub Crawl: $404
- Private Premium Pub Crawl Tour: $517
- Private Rhine Valley tour with river cruise & wine tasting: $752
When we compare the travel costs of actual travelers between Frankfurt and Panama City, we can see that Frankfurt is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Frankfurt 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 Frankfurt would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Frankfurt 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 Frankfurt Expensive? and Is Panama City Expensive?.
Which is Bigger, Frankfurt or Panama City?
Frankfurt has a larger population, and is about 59% larger than the population of Panama City. When comparing the sizes of Frankfurt 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.