Which place is cheaper, Panama City or Merida?
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 Merida or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Merida 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.
Where Should I go: Merida or Panama City?
Merida
Merida is the largest city on the Yucatan Peninsula, which separates the Gulf of Mexico from the Caribbean Sea. It is also the capital of the state of Yucatan as a whole. There is a population of 750,000 and is very rich in diversity and culture.
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 2-Week Tours from Cancun, The Best Family-Friendly Tours to Mexico, The Best One-Week (7-Day) Tours from Panama City, and The Best 2-Week Tours from Panama City.
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Merida Prices
Mexico PricesPanama City Prices
Panama Prices -
Average Daily Cost Per person, per dayMerida $99Panama City $101
The average daily cost (per person) in Merida is $99, 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 Merida and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personMerida $40Panama City $35
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Accommodation Typical double-occupancy roomMerida $80Panama City $70
Compare Hotels in Merida and Panama City
Looking for a hotel in Merida 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: Merida Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Merida $17Panama City $11
Hired Cars and Shuttles in Merida
Also for Merida, here are a few examples of actual transportation services:
- Private Airport Transfer from Mérida to Campeche: $292
- Private Transfer From Merida to Uxmal, English Speaking Driver: $156
- One-way Airport Transfers to Merida Hotels: $120
- Mérida International Airport (MID) to Merida hotels - Roundtrip Private Transfer: $50
- Private Transfer from Airport to Hotel in Merida One Way: $44
- Merida Airport (MID) Private Transfer to Merida Centre: $40
- Mérida International Airport (MID) to Merida hotels - Arrival Private Transfer: $25
- Merida hotels to Mérida International Airport (MID) - Private Departure Transfer: $25
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Travel in Comfort Airport Transfer Pty : $12
- Transfers from PTY Airport to Playa Bonita or Gamboa and Back: $20
- Transfers from Airport to Panama City: $40
- Transfer from Tocumen Airport to hotels in Gamboa or Viceversa: $30
- Transfer from Tocumen Airport to Panama City Hotels : $25
- Transfer from Tocumen Airport to Colon Cruise Port: $160
- Transfer from Playa Bonita or Gamboa to PTY Airport: $35
- Transfer from Panama City Hotel to Tocumen Airport: $23
- Transfer from Panama Airport to Colon Cruise Terminal: $110
- Transfer from PTY/Panama City to Cruise Terminal or to the Marina: $32
- Transfer Tocumen International Airport - Playa Blanca, Rio Hato, Buena Ventura: $75
- Transfer Panama City to Amador Cruise Port : $30
Is it cheaper to fly into Merida or Panama City?
Prices for flights to both Panama City and Merida 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 dayMerida $46Panama City $36
Food Tours and Cooking Classes in Merida
For Merida, here are some samples of tours and activities related to meals and dining experiences:
- Private Street Food Tour + Historic Tour Merida - Best Rated : $44
- Merida Food Tour with local Yucatecan Chef : $56
- Merida Walking Food Tour. Authentic & Local Cuisine: $64
- Taste of the Yucatan: Merida Cooking Class and Market Visit: $86
- Merida Shore Excursion- Mexican Cooking Class with Port Transfers: $102
- Market Tour and Authentic Cooking Class in Merida with Transfers: $154
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$8.24
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:
- Panamanian Dinner and Folkloric Show Ticket with Pickup: $60
- Panama Evening Food Tour: $60
- Panama City FOOD Tour: $65
- E-Tickets Emotions Dinner Theater Live Show Admission: $75
- Afro-Panamanian Cooking Class with Meal: $75
- Street Food Tour with 24 Tastings: $75
- Cooking Class in Panama City with 10 Recipes & Bottomless Drinks: $95
- 4-Hour Guided Panamanian Cooking Class and Markets Experience: $95
- Panama: 10-Recipe Boozy Panamanian Cooking Class + Dinner: $95
- Folkloric Dance & Typical Dinner at Sabroso Panamá: $110
- The Real Panamanian Private Food Tour through Panama City: $205
- Street Food Tour in Panama with a Local Guide: $263
Entertainment
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Entertainment Entrance tickets, shows, etc.Merida $15Panama City $66
Typical Entertainment Prices in Merida
Below are a few sample prices from actual travelers for Merida's activities, tours, and tickets:
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Train at the Zoo$0.11
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Uxmal Entrance (for 2)$18
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Mayan Village Entrance (for 2)$5.43
Tours and Activities in Merida
For Merida, here are a few prices for actual activities, tours, and tickets provided by various companies:
- 2-hour Temazcal experience in the Mayan world: $167
- 3 Hour Tour in The Sotuta de Peón Live Museum: $56
- 4 Cenotes Full Day Tour from Merida: $104
- 4 Cenotes Tour in Homún all inclusive from Merida: $68
- 4x1 Tour Chichen Itza Magic Towns Valladolid & Izamal from Merida: $108
- 6-hour Guided Tour to Uxmal and Kabah Express: $89
- Adventure 4 cenotes with Izamal: $119
- Ake Ruins & Homun Cenotes Day Tour from Merida: $90
- Ancestral Mayan Private Culinary Experience in Merida: $128
- Boat tour through the mangroves of Celestún and Playa from Merida: $75
- Celestun Biosphere Reserve Tour from Merida: $165
- Celestun Nature Reserve Flamingo Tour-Boat to Flamingo Paradise from Merida: $230
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- Gatun Lake Panamá Wildlife Adventure Guided Experience: $159
- Horseback riding and Agri-Tour in Colon Private tour: $75
- Panama City Tour and Panama Canal – Miraflores Locks Experience: $30
- Panama Viejo and Casco Antiguo Tour: $115
- Panama a quick and memorable tour: $68
- San Blas Islands, 4-Island Tour All-Inclusive Welcome Cocktail: $149
- #1 Walking Tour of Casco Viejo Panama with Lunch included : $70
- “Bike Tour Casco Viejo and Panama City Discover the Essence: $40
- “Panama at Your Rhythm: Private Tour with Canal, Old Town and More”: $67
- "Bridge of the Americas Stand-Up Paddle Private 2 hours Tour " : $100
- 1st Mysteries and FreeMasons Tour: $38
- 2 Days 1 Night San Blas Adventure in Pamana: $260
Alcohol
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Alcohol Drinks for one dayMerida $14Panama City $18
When comparing the travel costs between Merida and Panama City, we can see that Panama City 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 Merida is in North 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 Merida Expensive? and Is Panama City Expensive?.
Which is Bigger, Merida or Panama City?
Merida has a larger population, and is about 76% larger than the population of Panama City. When comparing the sizes of Merida 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.