A Travel Price Comparison for Vacations, Tours, and Honeymoons Panama City vs. Pensacola

Should you visit Panama City or Pensacola?

Should I visit Panama City or Pensacola? This is a common question asked by many travelers. By figuring out which city is more affordable, you'll understand where you can get more bang for your buck. So, let's dive into the data, which all comes from actual travelers.

Panama City

As the tropical breeze kisses your face amidst the never-ending rows of palm trees and skyscrapers, you find both pleasure and peace in this popular beach city. Such a city could be no place else than Panama City, Florida. Located along U.S. Route 98, Panama City has been destination for tourists and spring breakers to put down the paperwork and pick up a surfboard. Panama City offers a multitude of hotels, parks, beaches, and restaurants to make it a prime destination to both party and relax. However, as you explore the city, you will find that Panama City acquires its own diverse, vibrant character unique to other beach towns. Bring out the fishing rods and boogie boards and take advantage of one of Florida's most popular destinations!

Pensacola

With sands as white as sugar grain and a sky devoid of grey clouds and innumerable downpours, Pensacola is known by many as the "Western Gate to the Sunshine State." Located in northern Florida, Pensacola is a waterfront city known for its pristine beaches and rich Floridian history. As one of the earliest European settlements in the U.S., Pensacola is riddled with museums and landmarks that commemorate the state's history, making the city quite appetizing for history buffs and students alike. However, if you are simply looking to get the most out of the all-around good weather of Florida, Pensacola's protected beaches complemented with high-class restaurants and stores make this a vacation capital for many.

Which city is cheaper, Pensacola or Panama City?

These are the overall average travel costs for the two destinations.

The average daily cost (per person) in Panama City is $179, while the average daily cost in Pensacola is $157. 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 city. Below is a breakdown of travel costs for Panama City and Pensacola in more detail.


Accommodation

Accommodation prices vary by location and style, but travelers pay on average about $206 for a double occupancy room in Panama City.

A hotel room in Pensacola is about $178 This assumes double occupancy and modest accommodations.


  • Accommodation Hotel or hostel for one person
    Panama City $103
    Pensacola $89
  • Accommodation Typical double-occupancy room
    Panama City $206
    Pensacola $177


Food

Food in Panama City costs travelers about $53 per day on average. Restaurants can vary significantly in price, so choose wisely if you're trying to save money. Fast food and street stalls are typically your cheapest options, which sit down restaurants can be significantly more expensive.

Pensacola food costs typically run travelers around $40 per day. Eating every meal in a nicer restaurant will drive the cost up, and grabbing fast food or casual meals will help you save money.


  • Food Meals for one day
    Panama City $53
    Pensacola $40

Food Tours and Cooking Classes in Panama City

Also, here are some specific examples of food and dining related activities in Panama City.

  • Food Tour - Panama Gastronomy: $102
  • Casco Antiguo Sunset Walking Tour with Dinner: $170
  • The 'Real' Panamanian Private Food Tour: $200
  • Whale Watching + Beach + Seafood Dinner - BEST VALUE IN PANAMA: $205

Typical Food prices in Pensacola

Some typical examples of dining costs in Pensacola are as follows:


  • Two Ice Creams
    $6.00


Local Transportation

The cost of a taxi ride in Panama City is significantly more than public transportation. On average, past travelers have spent $38 per person, per day, on local transportation in Panama City.

The cost of a taxi ride in Pensacola is significantly more than public transportation. On average, past travelers have spent $51 per person, per day, on local transportation in Pensacola.


  • Local Transportation Taxis, local buses, subway, etc.
    Panama City $38
    Pensacola $51

Hired Cars and Shuttles in Panama City

Some specific examples of transportation prices in Panama City:

  • Transfer to Panama Canal (Miraflores Locks): $11
  • Private Departure Transfer to Panama City Airport (PTY): $12
  • Private Arrival Transfer from Panama City Airport (PTY): $12
  • Shared Arrival Transfer: Tocumen International Airport to Panama City Hotels: $15
  • Shared Departure Transfer: Panama City Hotels to Tocumen International Airport: $15
  • Airport Private Transfer Tocumen Direct to Panama City: $18
  • Transfer to Dreams Playa Bonita: $18
  • Private Airport Transfer: Panama City to Tocumen International Airport (PTY): $19
  • Private Airport Transfer: Tocumen International Airport (PTY) to Panama City: $19
  • Transfer from Panama City to Tocumen Airport: $19

Typical Local Transportation prices in Pensacola

Some typical examples of transportation costs in Pensacola are as follows:


  • Boca Grande Causeway Toll
    $5.00

Hired Cars and Shuttles in Pensacola

Some specific examples of transportation prices in Pensacola:

  • Pensacola to Pensacola International Airport (PNS) - Departure Private Transfer: $136
  • Pensacola International Airport (PNS) to Pensacola - Arrival Private Transfer: $136
  • Pensacola International Airport (PNS) to Pensacola - Round-Trip Private Transfer: $271


Entertainment

Entertainment and activities in Panama City typically cost an average of $15 per person, per day. This includes fees paid for admission tickets to museums and attractions, day tours, and other sightseeing expenses.

Entertainment and activities in Pensacola typically cost an average of $11 per person, per day. This includes fees paid for admission tickets to museums and attractions, day tours, and other sightseeing expenses.


  • Entertainment Entrance tickets, shows, etc.
    Panama City $15
    Pensacola $11

Tours and Activities in Panama City

For Panama City, here are a few prices for actual activities, tours, and tickets provided by various companies:

  • Casco Antiguo Virtual Live Tour: $12
  • Skip the Line: Panama La Vieja Admission Ticket: $15
  • Dolphin Sightseeing Tour on The Footloose Catamaran from Panama City Beach: $25
  • Sea Breeze Champagne Adventure: $28
  • Panama City and Canal Tour ( Centro de Visitante de Miraflores): $31
  • Private Panama Canal Tour: $41
  • Tour Colonial Panama: $42
  • Shopping Tour in Panama: $42
  • Panama Viejo Ruins Sightseeing Tour: $43
  • Panama City Tour highlight: $45

Typical Entertainment prices in Pensacola

Below are a few samples prices from actual travelers for Pensacola's activities, tours, and tickets:


  • Bike Rental
    $16

Tours and Activities in Pensacola

For Pensacola, here are a few prices for actual activities, tours, and tickets provided by various companies:

  • Pensacola Scavenger Hunt: Pensacola Adventure: $12
  • Tour of Pensacola's Landmarks: $22
  • Ghosts and Graveyard Tour of Pensacola: $22
  • Red Light District Tour of Pensacola: $25
  • Hop-on Hop-off Tour in Pensacola: $30
  • 1hr Segway Tour Downtown: $53
  • Uninhabited Island Kayaking Adventure: $62
  • 2hr Segway Tour of Downtown: $72
  • 3-Day Pensacola Sightseeing Pass: $90


Alcohol

The average person spends about $45 on alcoholic beverages in Panama City per day. The more you spend on alcohol, the more fun you might be having despite your higher budget.

The average person spends about $35 on alcoholic beverages in Pensacola per day. The more you spend on alcohol, the more fun you might be having despite your higher budget.


  • Alcohol Drinks for one day
    Panama City $45
    Pensacola $35

Sample the Local Flavors in Panama City

Some specific costs for nightlife related activities in Panama City:

  • Panama Bar Crawl (private): $33

Sample the Local Flavors in Pensacola

Some specific costs for nightlife related activities in Pensacola:

  • Walking Pub Tour: $21



When comparing the travel costs between Panama City and Pensacola, 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. Since both cities are in North America, it's no surprise that their costs are relatively close, as many destinations here have somewhat similar travel prices overall.

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Panama City vs. Pensacola Travel Comparison

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