Which place is cheaper, Lake Titicaca (Puno) or Panama City?
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 Panama City or Lake Titicaca (Puno)?
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 Lake Titicaca (Puno) can help you decide which place is right for you.
Where Should I go: Panama City or Lake Titicaca (Puno)?
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.
Lake Titicaca (Puno)
Lake Titicaca, which directly translates to "puma stone" in Quechua, is located high in the Andes Mountains straddling Peru and Bolivia, with about 60% of the lake in Peru and 40% in Bolivia. Among the lake are three main islands, the most popular of which are the Uros Islands, also known as the floating islands, where the Uros people live on totora reeds that grow in the lake.
For some great organized tour ideas, see The Best One-Week (7-Day) Tours from Panama City, The Best 2-Week Tours from Panama City, The Best Photography Tours in Peru, and The Best Jungle Trekking Tours in Peru.
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Panama City Prices
Panama PricesLake Titicaca (Puno) Prices
Peru Prices -
Average Daily Cost Per person, per dayPanama City $101Lake Titicaca (Puno) $70
The average daily cost (per person) in Panama City is $101, while the average daily cost in Lake Titicaca (Puno) is $70. 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 Lake Titicaca (Puno) in more detail.
Accommodation
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Accommodation Hotel or hostel for one personPanama City $35Lake Titicaca (Puno) $28
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Accommodation Typical double-occupancy roomPanama City $70Lake Titicaca (Puno) $56
Compare Hotels in Panama City and Lake Titicaca (Puno)
Looking for a hotel in Panama City or Lake Titicaca (Puno)? 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 Lake Titicaca (Puno) Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Panama City $11Lake Titicaca (Puno) $11
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
- Private Departure Transfer to Panama City Airport (PTY): $13
- Private transfer from airport to hotels in Panama City: $15
- Private Transfer from Panama City Airport (PTY): $16
- Private Transfer to Panama City Airport (PTY): $16
- One Way Private transfer Panama City PTY Airport to City: $19
- Private One-way Airport Transfer from Panamá to Tocumen Airport : $19
- Private One-way Airport Transfer from Tocumen Airport to Panamá: $19
- Transfers from PTY Airport to Playa Bonita or Gamboa and Back: $20
- Transfer Airport - City / Min 2 pax: $20
- Private transfer Panama City - Fort Amador Cruise Terminal: $20
- Panama Private Airport/Port/Hotel Transfer Service: $20
Typical Local Transportation Prices in Lake Titicaca (Puno)
Below are a few samples from actual travelers for transportation costs in Lake Titicaca (Puno):
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Taxi$0.86
Hired Cars and Shuttles in Lake Titicaca (Puno)
Some specific examples of transportation prices in Lake Titicaca (Puno):
- Private Transfer From Puno to Chivay, English Speaking Driver: $229
- Private Transfer from Puno to Frontera Kasani: $222
- Private Transfer from Puno to Desaguadero: $212
- Private Transfer from Puno to Inca Manco Capac (JUL) Airport: $97
- Private Transfer from Inca Manco Capac (JUL) Airport to Puno: $97
- Private transfer airport-puno-viceverse: $60
- Private Transfer from Juliaca Airport to Puno or Viceversa: $50
- Private transfer from Juliaca Airport to Puno or Viceversa: $47
- Private Transfer from Juliaca Airport to Puno Plaza de Armas: $40
- Private Transfer from Puerto de Puno to Hotel Puno: $23
- Juliaca Airport Shared Transfer to/from Puno: $20
- Puno Arrival Transfer from bus or railway Station: $14
Is it cheaper to fly into Panama City or Lake Titicaca (Puno)?
Prices for flights to both Lake Titicaca (Puno) 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 $36Lake Titicaca (Puno) $28
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
Typical Food Prices in Lake Titicaca (Puno)
Some typical examples of dining costs in Lake Titicaca (Puno) are as follows:
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Tamales$1.58
Entertainment
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Entertainment Entrance tickets, shows, etc.Panama City $66Lake Titicaca (Puno) $31
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- Archaeological Site. Admission ticket to Panama La Vieja: $15
- Spanish Experience in Panama City: $25
- Panama Casco Viejo: Walking Tour Must See Treasures!!!: $25
- Panama: Highlights Bike Tour in Casco Viejo & Cinta Costera: $26
- Panama : Must-See Sites Walking Tour With A Guide: $27
- Get to know the city aboard CitySightseeing Panama: $29
- Panama City Tour and Panama Canal – Miraflores Locks Experience: $30
- Causeway and Old Town Night Tour: $30
- City Sightseeing Panama City Hop-On Hop-Off Bus Tour: $30
- walking tour in Casco Antiguo !: $30
- City Sightseeing Hop-On Hop-Off Bus Tour: $30
- Guided Walking Tour in Panama City: $32
Tours and Activities in Lake Titicaca (Puno)
Some specific costs of activities, tours, and entrance tickets for Lake Titicaca (Puno) are as follows:
- 2 Day Lake Titicaca Tour From Puno: $150
- 2 Day Tour to Uros, Amantani and Taquile from Puno: $69
- 2 Days and 1 Night Tour from Puno to Colca Canyon and Arequipa: $210
- 2 Days and One Night Tour on the Aymara Route and Churches in Juli: $90
- 2-Day Amantani Homestay Including Kayak Experience: $233
- 3-Hour Uros Floating Islands Tour from Puno: $13
- 3h Boat Tour to Uros Island from Puno: $40
- Aymara's route 1 day tour in Puno: Inca Uyo, Aramu Muru, Molloco: $90
- Chullpas de Sillustani Inca Cemetery Tour by Tourist Bus: $26
- Cultural Tour to Uros Floating Island: $60
- Full Day Guided Tour of the Aymara Route from Puno: $40
- Full Day Lake Titicaca Tour to Uros and Taquile Islands: $52
Alcohol
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Alcohol Drinks for one dayPanama City $18Lake Titicaca (Puno) $14
When we compare the travel costs of actual travelers between Panama City and Lake Titicaca (Puno), we can see that Panama City is more expensive. And not only is Lake Titicaca (Puno) much less expensive, but it is actually a significantly cheaper destination. Since Panama City is in Central America and Lake Titicaca (Puno) 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 Lake Titicaca (Puno) would let you spend less money overall. Or, you could decide to spend more money in Lake Titicaca (Puno) 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 Lake Titicaca (Puno).
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 Lake Titicaca (Puno) Expensive?.
Which is Bigger, Panama City or Lake Titicaca (Puno)?
Panama City has a larger population, and is about 4 times larger than the population of Lake Titicaca (Puno). When comparing the sizes of Panama City and Lake Titicaca (Puno), 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.