Which place is cheaper, Panama City or Helsinki?
These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.
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Should you visit Helsinki 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 Helsinki 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: Helsinki or Panama City?
Helsinki
Helsinki is the capital of Finland and dates back to 1550. Helsinki is an international metropolis with a diverse population, but also a small town vibe. The city itself has a population of just over 600,000 but the metropolitan area, including Espoo and Vantaa, has a population of more than 1.3 million. There are many outdoor bars and cafes that take advantage of the warmer summer months. During this time there are long days, and the population floods into the street after a long and cold winter, so visiting during the summer is a fun and lively experience.
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 10-Day Tours in Finland, The Best One Week (7-Day) Tours in Finland, The Best Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.
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Helsinki Prices
Finland PricesPanama City Prices
Panama Prices -
Average Daily Cost Per person, per dayHelsinki €164Panama City €89
The average daily cost (per person) in Helsinki is €164, while the average daily cost in Panama City is €89. 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 Helsinki and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personHelsinki €73Panama City €31
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Accommodation Typical double-occupancy roomHelsinki €146Panama City €62
Compare Hotels in Helsinki and Panama City
Looking for a hotel in Helsinki 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: Helsinki Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Helsinki €22Panama City €9.37
Hired Cars and Shuttles in Helsinki
Also for Helsinki, here are a few examples of actual transportation services:
- Private transfer from Helsinki Airport with Meet & Greet: $791
- Premium Chauffeur & Transfer Service Helsinki: $263
- The Executive Helsinki Transfer*****: $257
- Nordic Luxe: Private VIP Transfer Helsinki AIRPORT: $257
- Private Luxury Transfer in Helsinki: $186
- Private Transfer from Helsinki City Hotels to Kotka Cruise Port: $161
- Private Airport Transfer by VIP car in Helsinki region: $153
- VIP Airport transfers in Helsinki region: $152
- Private Transfer from Airport in Helsinki and Vice versa: $143
- Helsinki Airport (HEL) to Helsinki - Round-Trip Private Transfer: $133
- Helsinki Airport (HEL) to Helsinki - Round-Trip Private Transfer: $133
- Helsinki Airport (HEL) to Helsinki Terminal - Round-Trip Transfer: $133
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- VIP transfers from the Airport to your Hotel in Panama: $32
- VIP Private Transfer: Tocumen Airport (PTY) to Panama City Hotels: $44
- Travel in Comfort Airport Transfer Pty: $30
- Transfers to Riu Playa Blanca, The Buenaventura Golf, Rio hato: $45
- Transfers from PTY Airport to Playa Bonita or Gamboa and Back: $27
- Transfer from Tocumen Airport to Colon Cruise Port: $160
- Transfer from Playa Bonita or Gamboa to PTY Airport: $35
- Transfer from PTY/Panama City to Cruise Terminal or Back: $35
- Transfer Tocumen International Airport - Playa Blanca, Rio Hato, Buena Ventura: $75
- Transfer Panama City to Amador Cruise Port: $35
- Transfer Colon Cruise Port - Panama Airport: $90
- San Blas Day Trip (Transfers & Lunch included): $175
Is it cheaper to fly into Helsinki or Panama City?
Prices for flights to both Panama City and Helsinki 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 dayHelsinki €59Panama City €32
Food Tours and Cooking Classes in Helsinki
For Helsinki, here are some samples of tours and activities related to meals and dining experiences:
- Helsinki Top Highlights and Food Tour with More than 8 Tastings: $112
- Helsinki Authentic Walking Food Tour with 8 Local Tastings: $117
- FOOD Tour with Roof Top Bar in Helsinki: $193
- Helsinki Food Tour: A Culinary Experience with a Local: $262
- Sauna and Dinner with Locals in a Lake-Side Home near Helsinki: $280
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€7.24
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:
- 3.5 -hour Afropanamanian Cooking Experience in Panama: $70
- Panamanian Dinner and Folkloric Show - All Inclusive Experience: $70
- Panama City by Night: Rooftop Skyline, Dinner & Folklore Show: $85
- 4-Hour Guided Panamanian Cooking Class and Markets Experience: $95
- Embera Village Cooking Class Experience in Chagres National Park: $125
- The Real Panamanian Private Food Tour through Panama City: $245
Entertainment
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Entertainment Entrance tickets, shows, etc.Helsinki €27Panama City €58
Tours and Activities in Helsinki
For Helsinki, here are a few prices for actual activities, tours, and tickets provided by various companies:
- 2-Hours Private VIP Tour by Modern Boat in Helsinki Archipelago: $297
- 4 Hour Helsinki Tour from Cruise Port: $92
- A Finntastic Walking Tour of Underground Helsinki: $27
- A Finntastic Walking Tour with a Local Guide: $23
- Adventure Day: $46
- All Inclusive Luxury Day Cruise Helsinki to Tallinn Self Guided: $263
- Authentic Finnish Tours: $183
- Baltic Bites - Food & Island Experience in Helsinki: $113
- Best of Private City Highlights Tour: $103
- CITY Tour with Food Tasting in Helsinki: $193
- City Sightseeing Helsinki Hop-On Hop-Off Bus Tour: $41
- Classic Car Sightseeing Ride in Helsinki and Nuuksio with Locals: $223
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- "Bridge of the Americas Stand-Up Paddle Private 2 hours Tour ": $100
- 1- or 2-Night Experience in San Blas Islands: $260
- 1st Mysteries and FreeMasons Tour: $38
- 3 1/2 Hour Experience of Lake Gatun in Panama: $95
- 4-Hour Guided Tour of Panama Canal & Old Town & More: $150
- 4-hour tour in Panama: $105
- 5 Hours Private Panama City Tour: $200
- 5 hour tour in Panama City: $35
- 5-Hour Tour of Panama City, Panama from Tocumen Airport: $130
- 5-hour tour in Panama by a Local Guide: $39
- 5hour tour of Panama City and Panama Canal - Shared or Private: $65
- 5hrs Panama City and Canal Tour + Amenities: $65
Alcohol
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Alcohol Drinks for one dayHelsinki €16Panama City €16
When we compare the travel costs of actual travelers between Helsinki and Panama City, we can see that Helsinki is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Helsinki 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 Helsinki would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Helsinki 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 Helsinki Expensive? and Is Panama City Expensive?.
Which is Bigger, Helsinki or Panama City?
Helsinki has a larger population, and is about 37% larger than the population of Panama City. When comparing the sizes of Helsinki 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.