A Travel Price Comparison for Vacations, Tours, and Honeymoons Granada vs. Panama City

Should you visit Granada or Panama City?

Which city should you visit? Read on to compare the prices of travel for Granada 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. So, let's dig into it.

Granada

Granada is Nicaragua's oldest colonial city, and arguably, the most beautiful city in the country. It sits on the northern edge of Lake Nicaragua (Lago Cocibolca) and has many beautifully colored buildings and nice churches. The city's beauty and colonial architecture, along with its relative safety and accessibility, make it one of Nicaragua's top tourist destinations. The city has long been a center for commerce, but today its economy depends heavily on tourism. The city is the sixth largest in Nicaragua and a real estate boom in the early 2000's brought a large number of expats to the town.

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.

Which city is cheaper, Panama City or Granada?

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

The average daily cost (per person) in Granada is $23, while the average daily cost in Panama City is $68. 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 city. Below is a breakdown of travel costs for Granada and Panama City in more detail.




Accommodation

Accommodation prices vary by location and style, but travelers pay on average about $20 for a double occupancy room in Granada.

Double occupancy rooms typically run around $56 in Panama City For nicer amenities and a premiere location, you can expect to pay a bit more.


  • Accommodation Hotel or hostel for one person
    Granada $10
    Panama City $28
  • Accommodation Typical double-occupancy room
    Granada $20
    Panama City $56


Food

Granada food costs typically run travelers around $9.64 per day. Eating every meal in a nicer restaurant will drive the cost up, and grabbing fast food or casual meals will help you save money.

In Panama City travelers spend around $17 a day on food. You can save money by choosing casual restaurants or food stalls, or you can spend plenty more by dining in nicer restaurants at every meal.


  • Food Meals for one day
    Granada $9.64
    Panama City $17
Typical Food prices in Granada

Some typical examples of dining costs in Granada are as follows:


  • Pizza
    $2.38

Food Tours and Cooking Classes in Granada

Also, here are some specific examples of food and dining related activities in Granada.

  • Middle Eastern 6-course dinner in Granada with a professional chef: $49
  • Albaicín & Sacromonte Guided Walking Tour with Flamenco & Tapas Dinner: $81
  • Small Group Food Tour in Granada: $88
  • Spanish Tapas Cooking Class in Granada: $116

Typical Food prices in Panama City

Here are some examples of typical meal expenses from previous travelers to Panama City:


  • 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 Evening Food Tour: $60
  • Panama City Food Tour: Taste of Panama Walking Tour: $76
  • Food Tour - Panama Gastronomy: $102
  • Casco Antiguo Sunset Walking Tour with Dinner: $170
  • The 'Real' Panamanian Private Food Tour: $200
  • Whale Watching + Beach + Seafood Dinner - BEST VALUE IN PANAMA: $205


Local Transportation

While taxis and private drivers typically cost much more than public transportation, people usually spend around $1.77 per day to get around in Granada.

To get around in Panama City, the average visitor spends $8.54 per day, per person. This includes the costs of taxi rides and private drivers as well as public transportation, which tends to be much more affordable.


  • Local Transportation Taxis, local buses, subway, etc.
    Granada $1.77
    Panama City $8.54

Hired Cars and Shuttles in Granada

Some specific examples of transportation prices in Granada:

  • Seville Private Transfer from Granada with sightseeing in Antequera and Cordoba: $634
  • Private Transfer: Granada to Federico García Lorca Granada Airport (GRX): $622
  • Granada to Seville Private Transfer: $388
  • Granada Private Transfer to Seville with a Visit to Cordoba: $348
  • Private Transfer from Granada to Malaga (AGP) Airport: $276
  • Granada to Cordoba Private Transfer: $275
  • Granada to Malaga Airport Private Transfer: $216
  • One-Way Private Transfer from Granada to San Juan del Sur: $119
  • Granada airport private arrival transfer, Mercedes minivan: $107
  • Private Transfer IN or OUT in Upscale Vehicle with Professional Driver: $93
  • One-Way Private Transfer from Granada to Managua: $83
  • Granada airport private arrival transfer, Mercedes Sedan: $81

Hired Cars and Shuttles in Panama City

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

  • Transfer to Panama Canal (Miraflores Locks): $11
  • Private Departure Transfer to Panama City Airport (PTY): $12
  • Private Arrival Transfer from Panama City Airport (PTY): $12
  • Shared Arrival Transfer: Tocumen International Airport to Panama City Hotels: $15
  • Shared Departure Transfer: Panama City Hotels to Tocumen International Airport: $15
  • Airport Private Transfer Tocumen Direct to Panama City: $18
  • Transfer to Dreams Playa Bonita: $18
  • Private Airport Transfer: Panama City to Tocumen International Airport (PTY): $19
  • Private Airport Transfer: Tocumen International Airport (PTY) to Panama City: $19
  • Transfer from Panama City to Tocumen Airport: $19
  • Private Transfer from Tocumen Airport to Downtown Panama City, Panama: $20
  • Private Transfer Airport PTY to Panama City: $22


Entertainment

Activities, things to do, and other forms of entertainment usually cost around $4.71 per person, per day in Granada. This cost includes the price of admission tickets to attractions and museums as well as daily tours.

In Panama City, the costs for things to do, activities, admission tickets, and other sightseeing expenses are on average $53 per person, per day.


  • Entertainment Entrance tickets, shows, etc.
    Granada $4.71
    Panama City $53
Typical Entertainment prices in Granada

Some typical examples of activities, tours, and entrance ticket prices in Granada are as follows:


  • Lago de Nicaragua Boat Tour
    $8.49

Tours and Activities in Granada

Some specific costs of activities, tours, and entrance tickets for Granada are as follows:

  • 2-Day Seville Tour from Granada with Royal Alcazar Palace, Seville Cathedral and Flamenco Show: $271
  • 3-Hour Walking Tour of Granada: $55
  • 3-day Andalucia Tour: Codoba & Seville from Granada: $917
  • 4WD Sierra Nevada Safari PRIVATE TOUR: $118
  • A day in the life of Granada - Private tour with a local: $249
  • Albaicin and Sacromonte Guided Tour: $19
  • Albaicin and Sacromonte Walking Tour: $12
  • Albaicin quarter - night private tour: $115
  • Albayzin and Sacromonte Electric Bike Tour in Granada: $76
  • Albayzin and Sacromonte Guided Walking Tour in Granada: $19
  • Albayzin and Sacromonte private tour at sunset with tapas: $169
  • Alhambra & Generalife Guided Premium Tour (Small Groups with Direct Entry): $98

Tours and Activities in Panama City

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

  • Casco Antiguo Virtual Live Tour: $12
  • Skip the Line: Panama La Vieja Admission Ticket: $15
  • Dolphin Sightseeing Tour on The Footloose Catamaran from Panama City Beach: $25
  • Sea Breeze Champagne Adventure: $28
  • Welcome to Private Tour with a Local: $30
  • Panama City and Canal Tour ( Centro de Visitante de Miraflores): $31
  • Day Tour Panama Hop-On & Hop-off Sightseeing Bus: $33
  • Private Panama Canal Tour: $41
  • Tour Colonial Panama: $42
  • Shopping Tour in Panama: $42
  • Panama Viejo Ruins Sightseeing Tour: $43
  • Panama City Tour highlight: $45


Alcohol

The average person spends about $4.09 on alcoholic beverages in Granada per day. The more you spend on alcohol, the more fun you might be having despite your higher budget.

Alcoholic beverages can often be a significant portion of a traveler's budget, and the costs can vary greatly from person to person. In Panama City, the average amount that a visitor spends on alcoholic beverages per day is $15.


  • Alcohol Drinks for one day
    Granada $4.09
    Panama City $15
Typical Alcohol prices in Granada

Below are a few samples from actual travelers for alcohol and nightlife costs in Granada:


  • Tequila
    $1.41

Sample the Local Flavors in Granada

Here are a few nightlife and alcohol tours and activities from local tour providers in Granada:

  • Wine Tasting in Granada: $57
  • Granada Tapas and wine tour!: $67
  • Granada Traditional Tapas and Wine Tour - by Oh My Good Guide!: $81
  • Small-Group Granada Tapas Bar Crawl Evening Tasting Experience: $83
  • BEST OF Flamenco, Tapas and Wine Tour - by OhMyGoodGuide!: $106

Sample the Local Flavors in Panama City

Some specific costs for nightlife related activities in Panama City:

  • Panama Bar Crawl (private): $33



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

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Granada vs. Panama City Travel Comparison

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