A Travel Price Comparison for Families, Couples, and Backpackers Manila vs. Panama City for Vacations, Tours, and Honeymoons

Should you visit Manila 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 Manila and Panama City can help you decide which place is right for you.

Where Should I go: Manila or Panama City?

Manila

A sprawling metropolis that is home to more than 12 million people, Manila is one huge, misunderstood concrete jungle, full of diverse cultures, traffic, pollution, restaurants, shopping malls, noise and nightlife. If you're looking to soak in culture and feel the vibe of a place rather than seeking a city that specifically caters to tourists, Manila is the place to be. Capital of the Philippines, Manila is also the center for education, business, and transportation.

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 Eco Tours in Philippines, The Best Romantic Tours for Couples in Philippines, The Best 2-Week Tours from Panama City, and The Best Adventure Tours to Panama.


Which place is cheaper, Panama City or Manila?

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

The average daily cost (per person) in Manila is $93, 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 Manila and Panama City in more detail.



Accommodation
  • Accommodation Hotel or hostel for one person
    Manila $54
    Panama City $35
  • Accommodation Typical double-occupancy room
    Manila $108
    Panama City $70
Compare Hotels in Manila and Panama City

Looking for a hotel in Manila 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.

Hotels in Manila


Hotels in Panama City


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: Manila Hotel Prices and Panama City Hotel Prices.

Local Transportation
  • Local Transportation Taxis, local buses, subway, etc.
    Manila $14
    Panama City $11

Hired Cars and Shuttles in Manila

Some specific examples of transportation prices in Manila:

  • Full On 5-7 hours ATV Adventure Rivers-Mountains-Jungle with Transfers Manila: $280
  • Tagaytay + Hidden Valley Springs: A Scenic Escape w/ Transfers: $200
  • Escape to Enchanting Hidden Valley Springs! with Transfers***: $170
  • Adventure Awaits: Spelunking at Cavinti Cave Complex w/ Transfers: $160
  • Active Taal Volcano experience 2024 (with transfers): $140
  • Amazing Pagsanjan Falls with Authentic filipino lunch Plus Transfers frm manila*: $139
  • Day Hike Mt. Batulao 811 meters with transfers from Manila** 2024: $130
  • Nagpatong Rock Day hike + Tungtong Falls(with transfers**) 2023: $130
  • Ninoy Aquino International Airport to Paranaque Private Transfer: $120
  • ⭐ Manila International Airport Car Transfer To & From City⭐: $73
  • Half Day Historical Manila City tour and much more with transfers: $70
  • Private Arrival Transfer: Ninoy Aquino International Airport to Manila: $68

Hired Cars and Shuttles in Panama City

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

  • Transfer in private vehicle from Panama City - Panama Tocumen Airport (PTY): $15
  • Transfer in private vehicle from Panama Tocumen Airport (PTY)- Panama City: $15
  • Private transfer from Panama Tocumen Airport (PTY)- Panama City: $15
  • Private transfer from airport to hotels in Panama City: $15
  • Panama City Private Arrival Transfer: $17
  • Private Transfer Tocumen Airport to Panama City or Beach: $20
  • Transfer from Panama City Hotel to Tocumen Airport: $23
  • Transfer from Downtown Panama City to PTY Airport: $24
  • Transfer Tocumen Airport to Panama City Hotels.: $25
  • Airport TRANSFER 1 way Tocumen Howard BLB Albrook Rio Hato Colon: $28
  • Panama Airport (PTY) to Panama city - Arrival Private Transfer: $28
  • Private Transfer from Tocumen Airport to Playa Bonita: $30

Is it cheaper to fly into Manila or Panama City?

Prices for flights to both Panama City and Manila 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
  • Food Meals for one day
    Manila $18
    Panama City $21

Food Tours and Cooking Classes in Manila

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

  • Manila Night Market and food tour Experience: $58
  • ⭐ Manila Street Food Tour in the Downtown, Eat and Drink⭐: $64
  • Manila Food Tour: Explore World's Oldest Chinatown: $65
  • Manila Food Tour: Introduction to Philippine Street Food: $65
  • Makati Street Food Tour Experience: $69
  • Food Tour at the World's Oldest Chinatown: $75
  • Manila Chinatown Food Tour Experience with Mari: $82
  • Cultural Dance Show with Dinner in Manila: $120
  • Cultural Dinner and Show in Manila: $145

Typical Food Prices in Panama City

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


  • Sandwich
    $8.27

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
  • Entertainment Entrance tickets, shows, etc.
    Manila $19
    Panama City $66

Tours and Activities in Manila

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

  • Active Taal Volcano Sightseeing & Pagsanjan Falls Day Tour (2in1): $135
  • Bataan Death March Memorial Historical Tour : $188
  • Club Crawl and Party Experience at BGC: $73
  • Corregidor daytour Via Manila to Bataan: $298
  • Discover Tagaytay's Countryside: Half-Day Sightseeing Tour : $80
  • Experience Intramuros with Bamboo Bicycle - Ecotours: $37
  • From 4-Day Sagada and Banaue Rice Terraces Tour: $342
  • From Day Tour to Enchanting Hidden Valley: $160
  • From Majestic Pagsanjan Falls Adventure: $160
  • From Pagsanjan Falls Day Tour: $107
  • From Panoramic Tagaytay Ridge Tour: $150
  • From Taal Volcano Island & Pagsanjan Falls Day Tour: $135

Tours and Activities in Panama City

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

  • Bar tour in El Cangrejo with Bar Hopping Panama: $20
  • Walking Tour Metropolitan Park Panama City : $25
  • POIN Swing Experience: $27
  • Poin Glass Observation Deck Ticket with VR Tour: $27
  • POIN The Edge Experience: $27
  • Panama: Highlights Bike Tour in Casco Viejo & Cinta Costera: $28
  • Get to know the city aboard CitySightseeing Panama: $30
  • City Sightseeing Hop-On Hop-Off Bus Tour: $30
  • Sunset Walking Tour at Casco Viejo El Chorrillo and the fish market: $30
  • walking tour in Casco Antiguo !: $30
  • Bike tour in Panama City and Old Quarter with local guided: $31
  • Bike tour in Panama City and Old City with locals: $31

Alcohol
  • Alcohol Drinks for one day
    Manila $9.88
    Panama City $18


When comparing the travel costs between Manila and Panama City, we can see that Manila 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 Manila is in Asia 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 Manila Expensive? and Is Panama City Expensive?.


Which is Bigger, Manila or Panama City?

Manila has a larger population, and is about 30 times larger than the population of Panama City. When comparing the sizes of Manila 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.