Which place is cheaper, Machu Picchu or Panama City?
These are the overall average travel costs for the two destinations.
Jump to 
Should you visit Panama City or Machu Picchu?
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 Machu Picchu can help you decide which place is right for you.
Where Should I go: Panama City or Machu Picchu?
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.
Machu Picchu
Machu Picchu is a site of ancient Inca ruins located about 50 miles (80 km) northwest of Cuzco, Peru, in the Cordillera de Vilcabamba of the Andes Mountains. It is perched above the Urubamba River valley in a narrow saddle between two sharp peaks, Machu Picchu ("Old Peak") and Huayna Picchu ("New Peak"), at an elevation of 7,710 feet (2,350 metres). One of the few major pre-Columbian ruins found nearly intact, Machu Picchu was designated a UNESCO World Heritage site in 1983. Thus, Machu Picchu is not only an impressive remnant of the Inca civilization, it is also one of the world's most important archaeological sites. A stop at Machu Picchu is an essential part of any traveler's itinerary in Peru, as it is one of the seven wonders of the world.
For some great organized tour ideas, see The Best 2-Week Tours from Panama City, The Best Adventure Tours to Panama, The Best Eco Tours in Peru, and The Best Sightseeing Tours in Peru.
-
Average Daily Cost Per person, per dayPanama City $86Machu Picchu $101
The average daily cost (per person) in Panama City is $86, while the average daily cost in Machu Picchu 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 Panama City and Machu Picchu in more detail.
Accommodation
-
Accommodation Hotel or hostel for one personPanama City $35Machu Picchu $42
-
Accommodation Typical double-occupancy roomPanama City $70Machu Picchu $84
Compare Hotels in Panama City and Machu Picchu
Looking for a hotel in Panama City or Machu Picchu? 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 Machu Picchu Hotel Prices.
Local Transportation
-
Local Transportation Taxis, local buses, subway, etc.Panama City $11Machu Picchu $30
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Embera Indian Village Tour w/ Airport Transfer: $290
- Panama Tocumen Airport (PTY): Private Transfer to Coronado: $269
- Transfer to Panama City, Hotel and City tour - 1 night: $266
- Panama Tocumen Airport (PTY): Transfer to Decameron hotels: $265
- Round trip transfer in private Car from Tocumen Airport to Playa Blanca-Farallon: $240
- Half-Day City & Canal Tour w/ Airport Transfer: $215
- Private Transfer from PTY to Playa Blanca resorts: $206
- Transfer in private minivan from Panama Tocumen Airport to Playa Blanca-Farallon: $160
- Skip the Line: Miraflores Visitor Center Ticket with Transfer: $155
- Panama Tocumen Airport(PTY) to Colón Round-Trip Private Transfer: $142
- Private Transfer from Panama Tocumen Airport (PTY) to Colón resorts: $136
- Panama Airport (PTY) to Playa Blanca Round-Trip Private Transfer: $127
Is it cheaper to fly into Panama City or Machu Picchu?
Prices for flights to both Machu Picchu 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
-
Food Meals for one dayPanama City $21Machu Picchu $19
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:
- 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
-
Entertainment Entrance tickets, shows, etc.Panama City $66Machu Picchu $74
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
Typical Entertainment Prices in Machu Picchu
For Machu Picchu, here are some examples of average entertainment and activity prices from previous travelers:
-
Gardens of Mandor$2.71
Alcohol
-
Alcohol Drinks for one dayPanama City $18Machu Picchu $6.90
When we compare the travel costs of actual travelers between Panama City and Machu Picchu, we can see that Machu Picchu is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Panama City is in Central America and Machu Picchu 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 Panama City would let you spend less money overall. Or, you could decide to spend more money in Panama City 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 Machu Picchu would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Machu Picchu than you might in Panama City.
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 Machu Picchu Expensive?.
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.