Which place is cheaper, Panama City or Helsinki?
These are the overall average travel costs for the two destinations.
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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 Budget Tours to Finland, The Best Tours for Seniors to Finland, 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 dayHelsinki €139Panama City €80
The average daily cost (per person) in Helsinki is €139, 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 Helsinki and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personHelsinki €73Panama City €33
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Accommodation Typical double-occupancy roomHelsinki €146Panama City €66
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 €9.94
Hired Cars and Shuttles in Helsinki
Also for Helsinki, here are a few examples of actual transportation services:
- Private City Highlights Tour with Transfer: $743
- Guided Tallinn Day Tour from Helsinki / Include hotel transfers: $218
- Helsinki Private Transfer: $158
- VIP Airport transfers in Helsinki region: $152
- PRIVATE Helsinki VIP Transfer: $147
- VIP Transfer HELSINKI: $147
- Helsinki Airport (HEL): One-Way Transfer to/from Helsinki: $145
- Helsinki Stopover Tour with Round-Trip Airport Transfers: $140
- VIP Transfer Helsinki-Vantaa Airport to city in a Porsche Taycan: $137
- Helsinki Airport VIP Transfers: Exclusive Comfort&Efficiency: $135
- Helsinki Airport (HEL): Transfer to Helsinki Cruise Terminal: $130
- Private transfer from Helsinki Airport with Meet & Greet: $129
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 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 €34Panama City €19
Food Tours and Cooking Classes in Helsinki
For Helsinki, here are some samples of tours and activities related to meals and dining experiences:
- FOOD Tour with Rooftop Bar Visit in Helsinki: $107
- FOOD Tour with Roof Top Bar in Helsinki: $108
- Helsinki Food Tour Including Tastings: $164
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.Helsinki €27Panama City €61
Tours and Activities in Helsinki
For Helsinki, here are a few prices for actual activities, tours, and tickets provided by various companies:
- Helsinki Highlights Tour: the Top Sightseeing Spots: $142
- 2-Hours Private Modern Boat Tour in Helsinki Archipelago: $284
- 3 Hours Helsinki Stopover Tour from Airport: $98
- A Finntastic Walking Tour in Helsinki: $21
- A Self-Guided Walking Tour of Helsinki's Historical Highlights: $7.99
- All-in-One Helsinki Shore Excursion for Cruise Ships: $1,049
- CITY Tour with Food Tasting in Helsinki: $107
- CITY Tour with Food Tasting in Helsinki: $163
- City Sightseeing Helsinki Hop-On Hop-Off Bus Tour: $37
- Cozy Guided City Tour: Helsinki & Porvoo: $97
- E-Bike rental / Self-Guided tour to Seurasaari: $52
- First Time in Helsinki Tour: $334
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 dayHelsinki €16Panama City €17
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.