Which place is cheaper, Panama City or Merida?
These are the overall average travel costs for the two destinations.
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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 2-Week Tours from Panama City, and The Best Adventure Tours to Panama.
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Average Daily Cost Per person, per dayMerida $88Panama City $86
The average daily cost (per person) in Merida is $88, 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 Merida and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personMerida $44Panama City $35
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Accommodation Typical double-occupancy roomMerida $88Panama 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 $18Panama City $11
Hired Cars and Shuttles in Merida
Also for Merida, here are a few examples of actual transportation services:
- Merida Rejon Airport (MID) to Tulum hotels - Round Trip Transfer: $227
- One-way Airport Transfers to Merida Hotels: $120
- Private Transfer From Uxmal to Merida, English Speaking Driver: $73
- Private Transfer from Airport to Hotel in Merida One Way: $47
- Mexico Private Transfer from Merida airport to central Merida: $41
- Mexico Private Transfer from Merida hotels to Merida airport: $41
- Merida hotels to Mérida International Airport (MID) - Private Departure Transfer: $33
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Transfers Airport - Hotels Riu Playa Blanca, Decameron, Bijao, Playa Blanca: $70
- Transfers: $37
- Transfer to Panama City, Hotel and City tour - 1 night: $266
- 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 minivan from Playa Bonita to Panama Tocumen Airport: $70
- 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 Panama City Hotel to Tocumen Airport: $23
- Transfer from PTY Airport or Panama City to Playa Blanca and Back: $77
- Transfer Tocumen Airport to Panama City Hotels.: $25
- Transfer Panama Airport- Colon Cruise Terminal: $90
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 $29Panama City $21
Food Tours and Cooking Classes in Merida
For Merida, here are some samples of tours and activities related to meals and dining experiences:
- Merida Walking Food Tour. Authentic & Local Cuisine: $62
- Taste of the Yucatan: Merida Cooking Class and Market Visit: $89
- Private Yucatecan Cooking Lesson in a Local Merida Home: $90
- Private Market Tour and Authentic Mexican Cooking Class in Merida with Transfers: $126
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$8.27
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:
- Panama Evening Food Tour: $60
- 10-Recipe Boozy Panamanian Cooking Class : $85
- 4-Hour Guided Panamanian Cooking Class and Markets Experience: $85
- 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.Merida $16Panama 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$0.12
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Uxmal Entrance (for 2)$20
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Mayan Village Entrance (for 2)$6.01
Tours and Activities in Merida
For Merida, here are a few prices for actual activities, tours, and tickets provided by various companies:
- From Mérida Tour Plus: Chichen Itza Ruins and Cenote Ik-kil: $195
- Romantic tour in Izamal: $159
- 2-hour Temazcal experience in the Mayan world: $179
- 3 Hour Tour in The Sotuta de Peón Live Museum: $60
- 3 Hours Private Tour in Merida, you choose!: $125
- 4 Cenotes Full Day Tour from Merida: $110
- 4x1 Tour Chichen Itza Magic Towns Valladolid & Izamal from Merida: $95
- Ancestral Mayan Private Culinary Experience in Merida: $138
- Beach Tour in Yucalpetén from Mérida: $95
- Celestun Biosphere Reserve Tour from Merida: $208
- Cenotes Santa Barbara, Eknakan Church & Acanceh Ruins Tour: $110
- Chichen Itza Adventure! Cenote and Izamal from Merida: $104
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- City Tour y Canal de Panamá: $35
- #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 Hours Private Photo Tour in Casco Antiguo: $90
- 3-Hour Private Tour in Panama La Vieja: $45
- 5 Hours Tour to Monkey Island Embera community Gamboa Panama: $165
- 5-Hour Tour in Agua Clara New Locks: $100
Alcohol
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Alcohol Drinks for one dayMerida $16Panama City $18
When comparing the travel costs between Merida and Panama City, we can see that Merida 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.