Which place is cheaper, La Paz or Panama City?
These are the overall average travel costs for the two destinations.
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Should you visit Panama City or La Paz?
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 Panama City and La Paz can help you decide which place is right for you.
Where Should I go: Panama City or La Paz?
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.
La Paz
La Paz, the administrative capital of Bolivia, has a breathtaking setting. The city is the highest national capital in the world, with an altitude ranging from about 4,058 m (13,313 ft) above sea level in El Alto, where the airport is located, to 3,100 m (10,170 ft) in the lower residential area. The dynamic and chaotic city was built in a canyon created by the Choqueyapu River. La Paz is now a fusion of architectural styles, cultures and beliefs, welcoming everyday new boutique hotels, modern shops, delicious restaurants and reinventing standing establishments. However, generally speaking, Bolivia remains more a backpacker hit than a mainstream tourist destination.
For some great organized tour ideas, see The Best 2-Week Tours from Panama City, The Best Adventure Tours to Panama, The Best Luxury Tours to Bolivia, and The Best Budget Tours to Bolivia.
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Average Daily Cost Per person, per dayPanama City $86La Paz $44
The average daily cost (per person) in Panama City is $86, while the average daily cost in La Paz is $44. 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 Panama City and La Paz in more detail.
Accommodation
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Accommodation Hotel or hostel for one personPanama City $35La Paz $16
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Accommodation Typical double-occupancy roomPanama City $70La Paz $32
Compare Hotels in Panama City and La Paz
Looking for a hotel in Panama City or La Paz? 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: Panama City Hotel Prices and La Paz Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Panama City $11La Paz $9.45
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 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 Tocumen Airport to Panama City Hotels.: $25
Typical Local Transportation Prices in La Paz
Some typical examples of transportation costs in La Paz are as follows:
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Taxi Ride$0.58
Hired Cars and Shuttles in La Paz
Also for La Paz, here are a few examples of actual transportation services:
- Private Transfer from La Paz to Uyuni.: $295
- Private Transfer from Airport to your Hotel in La Paz City : $77
- Private Transfer From Hotel to Airport in La Paz City : $68
- Private Transfer From Airport to Hotel in La Paz City: $60
- Roundtrip Transfer Private Minivan La Paz Airport (LPB) - La Paz City: $55
- Private Transfer From Bus Station to your Hotel in La Paz City : $54
- Private Transfer from Airport to your Hotel in La Paz City : $54
- Private Transfer From Hotel to Bus Station in La Paz City : $52
- Airport Transfer In_night: $47
- Roundtrip Transfer Private Vehicle La Paz Airport (LPB) - La Paz City: $43
- Private Departure Transfer: La Paz Hotels to El Alto International Airport: $37
- Private transfer 24/7 El Alto Airport - Hotels La Paz: $28
Is it cheaper to fly into Panama City or La Paz?
Prices for flights to both La Paz and Panama City 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 dayPanama City $21La Paz $17
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
Typical Food Prices in La Paz
For La Paz, here are some examples of average food and meal prices for travelers:
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Fruit$0.72
Food Tours and Cooking Classes in La Paz
For La Paz, here are some samples of tours and activities related to meals and dining experiences:
- La Paz Food Tour + Cable Car Cultural City tour: $45
Entertainment
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Entertainment Entrance tickets, shows, etc.Panama City $66La Paz $16
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
Tours and Activities in La Paz
For La Paz, here are a few prices for actual activities, tours, and tickets provided by various companies:
- From Private Tour to Tiwanaku Ruins and Puma Punku.: $173
- La Paz, City Tour and Valley of the Moon - Half day: $268
- 2-Day Private Lake Titicaca and Sun Island Tour from La Paz: $520
- 2-day Private Guided Tour in Uyuni and La Paz: $240
- 3 Day Death Road + Uyuni Salt Flats Tour From La Paz City: $280
- Be a Local - La Paz Walking Tour: $8.00
- Bicycle Tour on Death Road: $77
- Bike Tour to the Death Road: $85
- Chacaltaya 5,435m & Valle De Luna. 2 For 1 Special Tour.: $30
- Cholet Tour - Andean Architecture and Culture - El Alto: $26
- City Tour plus Cable Car La Paz: $10
- City Tour with Drone!: $204
Alcohol
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Alcohol Drinks for one dayPanama City $18La Paz $11
Sample the Local Flavors in La Paz
Some specific costs for nightlife related activities in La Paz:
- Cultural Pub Crawl La Paz Nightlife Tour : $50
When we compare the travel costs of actual travelers between Panama City and La Paz, we can see that Panama City is more expensive. And not only is La Paz much less expensive, but it is actually a significantly cheaper destination. Since Panama City is in Central America and La Paz is in South 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 La Paz would let you spend less money overall. Or, you could decide to spend more money in La Paz 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 La Paz.
If you're trying to decide if either of these two destinations are within your price range, also see Is Panama City Expensive? and Is La Paz Expensive?.
Which is Bigger, Panama City or La Paz?
La Paz has a larger population, and is about 99% larger than the population of Panama City. When comparing the sizes of Panama City and La Paz, 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.