Which place is cheaper, Panama City or Managua?
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 Managua 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 Managua and Panama City can help you decide which place is right for you.
Where Should I go: Managua or Panama City?
Managua
Managua is the capital, and largest city in Nicaragua. The economy is generally centered around the trade of coffee, cotton, and other types of agriculture. It also is a textile capital for the area. Managua is also a very reasonably priced destination in Central America. Restaurants and hotels are quite affordable and you'll find all kinds of international cuisine around the city. Transportation is also incredibly affordable and you'll find yourself pleasantly surprised at the cost of intercity bus rides.
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 Adventure Tours to Nicaragua, The Best 2-Week Tours in Nicaragua, The Best Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.
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Managua Prices
Nicaragua PricesPanama City Prices
Panama Prices -
Average Daily Cost Per person, per dayManagua $68Panama City $101
The average daily cost (per person) in Managua is $68, while the average daily cost in Panama City is $101. 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 Managua and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personManagua $23Panama City $35
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Accommodation Typical double-occupancy roomManagua $46Panama City $70
Compare Hotels in Managua and Panama City
Looking for a hotel in Managua 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: Managua Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Managua $20Panama City $11
Hired Cars and Shuttles in Managua
Also for Managua, here are a few examples of actual transportation services:
- One way private Transfer Managua Airport- San Juan del Sur: $135
- Managua-San juan del sur: Airport private transfer: $125
- Nicaragua Private Transfer Service Managua and San Juan del Sur: $100
- Managua Augusto Sandino Airport(MGA) to Managua- Arrival Transfer: $63
- From One way shared transfer to San Jorge: $59
- One way shared transfer to San Juan del Sur: $57
- San Juan del Sur: One way shared transfer to Managua: $57
- PRIVATE San Juan Del Sur Transfer: $56
- Private Transfer: Managua Airport (MGA) to Hotels: $40
- Granada: One way shared transfer to Managua: $39
- One way shared transfer to Leon: $39
- From One way shared transfer to Granada: $39
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Panama 2 days / 1 night : hotel, transfers and city tour: $278
- Transfer to Panama City, Hotel and City tour - 1 night: $266
- Private Transfer from PTY to Playa Blanca resorts: $224
- Private Transfer from Panama Tocumen Airport (PTY) to Playa Blanca resorts: $224
- Panama Airport (PTY) to Decameron - Round-Trip Private Transfer: $211
- Panama Airport (PTY) to Coronado/Gorgona - Round-Trip Transfer: $211
- Private Transfer from Panama City Airport to Beach Resorts: $175
- San Blas Day Trip (Transfers & Lunch included): $175
- Transfer from Tocumen Airport to Colon Cruise Port: $160
- Miraflores Visitor Center Ticket & Transfer: $155
- Private Transfer from Panama Airport (PTY) to Colón Resorts: $148
- Private Transfer from Panama Tocumen Airport (PTY) to Colón resorts: $148
Is it cheaper to fly into Managua or Panama City?
Prices for flights to both Panama City and Managua 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 dayManagua $30Panama City $36
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$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
- Panamanian Dinner and Folkloric Show Ticket with Pickup: $65
- Panama City FOOD Tour: $65
- 3.5 -hour Afropanamanian Cooking Experience in Panama: $70
- E-Tickets Emotions Dinner Live Show Admission: $75
- Afro-Panamanian Cooking Class with Meal: $75
- Street Food Tour with 24 Tastings: $75
- Street Food Tour Panama (25+ tastings) By Paradox Experience: $90
- 4-Hour Guided Panamanian Cooking Class and Markets Experience: $95
- 4h Cooking Class in 10 Recipes & Bottomless Drinks: $95
- Panama: 10-Recipe Boozy Panamanian Cooking Class + Dinner: $95
- Folkloric Dance & Typical Dinner at Sabroso Panamá: $110
Entertainment
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Entertainment Entrance tickets, shows, etc.Managua $16Panama City $66
Tours and Activities in Managua
Also, here are some specific examples of entertainment, tickets, and activities for Managua.
- 2 full days tour Granada + Lava+Leon area: $210
- 3 full days tour at Granada +Masaya Lava tour+Managua and Leon: $210
- Amazing Masaya Volcano at Night "Private Tour": $88
- Apoyo Lagoon + Lava tour: $60
- Apoyo Lagoon, Masaya Crafts Market & Masaya Volcano Lava Tour: $100
- Best of Granada, Mirador de Catarina and Masaya Volcano Tour: $121
- Between Volcanoes Tours; Granada-Masaya.: $125
- Cerro Negro volcano, VIP experiences "Individual and Group"!!!: $165
- Complete Tour of Granada and Masaya: History, Beauty & Tradition: $115
- Discover the Best of Managua on a Private City Tour: $60
- Granada Isletas and City tour: $68
- Granada lake +Colonial City + Lava tour Masaya volcano: $55
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- “Bike Tour Casco Viejo and Panama City Discover the Essence: $40
- "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
- 2 Days Island Hopping Adventure San Blas Islands - Private Cabin: $265
- 2 Hours Private Luxury Tour in a Convertible Car in Panama City: $255
- 2 Nights in San Blas - Shared Cabin + Meals + Boat Tour: $179
- 3 Hour Airport Tour from Tocumen: $125
- 3 Hours Private Walking Tour in Casco Antiguo Panama City: $45
- 4-Hour Guided Tour of Panama Canal & Old Town & More: $150
- 4-hour tour in Panama: $105
- 5 Hours Private Panama City Tour: $200
Alcohol
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Alcohol Drinks for one dayManagua $11Panama City $18
When we compare the travel costs of actual travelers between Managua and Panama City, we can see that Panama City is more expensive. And not only is Managua much less expensive, but it is actually a significantly cheaper destination. So, traveling to Managua would let you spend less money overall. Or, you could decide to spend more money in Managua 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 Managua.
If you're trying to decide if either of these two destinations are within your price range, also see Is Managua Expensive? and Is Panama City Expensive?.
Which is Bigger, Managua or Panama City?
Managua has a larger population, and is about 2 times larger than the population of Panama City. When comparing the sizes of Managua 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.