Which place is cheaper, Panama City or Guayaquil?
These are the overall average travel costs for the two destinations.
If you're trying to decide where to visit between Guayaquil or Panama City, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.
Guayaquil is Ecuador's largest city and seaport. From a tourist perspective, the city acts primarily as a transportation gateway to the country and the Galapagos Islands. While the city can be skipped altogether, should you have a free day to spend here, there are a few noteworthy things to do, as well as some terrific dining and nightlife options. Guayaquil’s main tourist attraction is Las Penas, a hill with old, colorfully painted buildings at the north end of the Malecon, where you can walk the 400 steps to the lighthouse at the top for good views of the city. The neighborhood is filled with cafes, bars, restaurants, and art galleries and is relatively safe. Other important sights include the Malecon 2000, a massive urban development project that has brought new life to the riverside in the city center and the Parque Seminario, filled with fountains, trees and iguanas, located at 10 de Agosto Ave and Chile Ave.
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 G Adventures Tours to Ecuador, The Best Family-Friendly Tours to Ecuador, The Best 2-Week Tours from Panama City, and The Best Adventure Tours to Panama.
These are the overall average travel costs for the two destinations.
The average daily cost (per person) in Guayaquil is $95, 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 Guayaquil and Panama City in more detail.
Looking for a hotel in Guayaquil 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.
Also for Guayaquil, here are a few examples of actual transportation services:
Also for Panama City, here are a few examples of actual transportation services:
Prices for flights to both Panama City and Guayaquil 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.
For Guayaquil, here are some samples of tours and activities related to meals and dining experiences:
Here are some examples of typical meal expenses from previous travelers to Panama City:
For Panama City, here are some samples of tours and activities related to meals and dining experiences:
For Guayaquil, here are a few prices for actual activities, tours, and tickets provided by various companies:
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
Here are a few nightlife and alcohol tours and activities from local tour providers in Guayaquil:
When comparing the travel costs between Guayaquil and Panama City, we can see that Guayaquil is more expensive. However, the two cities are actually relatively comparable in price, as the difference is somewhat minimal. Generally, this means that you could travel with generally the same travel style and level of luxury in each place. Even though Guayaquil is in South America and Panama City is in Central America, both of these destinations have relatively similar prices of travel. Generally, the levels of luxury and expenses are the same for these cities even though they are geographically far apart.
If you're trying to decide if either of these two destinations are within your price range, also see Is Guayaquil Expensive? and Is Panama City Expensive?.
Guayaquil has a larger population, and is about 5 times larger than the population of Panama City. When comparing the sizes of Guayaquil 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.