Which place is cheaper, Puerto Montt 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 Puerto Montt?
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 Puerto Montt can help you decide which place is right for you.
Where Should I go: Panama City or Puerto Montt?
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.
Puerto Montt
The Lake District is a region of snow capped volcanoes, pale green lakes and endless miles of virgin and ancient forests. Found 1,016 km away from Santiago de Chile, Puerto Montt is famous for its beautiful lakes and its germanic architecture, old wooden houses and its legendary Iglesia Catedral, found on the town's main square, la Plaza de Armas. The monument, entirely built with alerce (cypress) wood, is the oldest building of the city. The capital of the Lake Region is a good starting point for many memorable excursions in the area.
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 Tours for Seniors to Chile, and The Best G Adventures Tours to Chile.
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Panama City Prices
Panama PricesPuerto Montt Prices
Chile Prices -
Average Daily Cost Per person, per dayPanama City $101Puerto Montt $104
The average daily cost (per person) in Panama City is $101, while the average daily cost in Puerto Montt is $104. 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 Puerto Montt in more detail.
Accommodation
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Accommodation Hotel or hostel for one personPanama City $35Puerto Montt $61
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Accommodation Typical double-occupancy roomPanama City $70Puerto Montt $122
Compare Hotels in Panama City and Puerto Montt
Looking for a hotel in Panama City or Puerto Montt? 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 Puerto Montt Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Panama City $11Puerto Montt $6.42
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
Hired Cars and Shuttles in Puerto Montt
Some specific examples of transportation prices in Puerto Montt:
- Transfer from Puerto Montt Airport to Castro: $300
- Puerto Montt El Tepual Airport (PMC) to Pucon - Arrival Transfer: $267
- Puerto Montt Airport (PMC) to Puerto Varas - Round-Trip Transfer: $127
- Puerto Montt Airport (PMC) to Frutillar: Roundtrip Transfer: $93
- Puerto Montt Airport (PMC) to Puerto Varas - Round-Trip Transfer: $84
- Private Transfer from Puerto Airport (PMC) to Puerto Montt Port: $83
- Private Transfer from Puerto Montt Port to Puerto Airport (PMC): $83
- Transfer from Puerto Montt Airport to Frutillar: $80
- Private Transfer from Puerto Airport (PMC) to Puerto Montt Port: $75
- Puerto Montt Airport(PMC) to Frutillar - Arrival Private Transfer: $75
- Puerto Montt Airport (PMC) to Puerto Varas City- Arrival Transfer: $63
- Puerto Montt - Puerto Varas Airport English private transfer: $50
Is it cheaper to fly into Panama City or Puerto Montt?
Prices for flights to both Puerto Montt 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 $36Puerto Montt $37
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
Entertainment
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Entertainment Entrance tickets, shows, etc.Panama City $66Puerto Montt $14
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 Puerto Montt
Some specific costs of activities, tours, and entrance tickets for Puerto Montt are as follows:
- 6 Hours Shared Tour in Calbuco and Millennial Forest from Hotel: $190
- Alerce Andino National Park/Alerce Millenario/Cruises: $105
- Chiloé Island Full Day Experience Castro, Ancud, Dalcahue & Lunch: $189
- Cruise Shore Private Excursion Osorno Volcano & Petrohué Falls: $256
- Explore Peulla Full Day Tour from Puerto Montt : $64
- Osorno Volcano and National Park Shore Tour for Cruisers : $90
- Petrohué Falls Osorno Volcano Pto Varas Sightseeing Driver Only: $130
- Private Day tour Petrohue Falls, Osorno Volcano & Puerto Varas: $250
- Private Shore Excursion Tour to Puerto Montt, Puerto Varas and Frutillar: $287
- Private Tour of Puerto Montt with Stops : $38
- Half day Llanquihue and Frutillar City tour : $44
- Osorno Volcano Tour Shore Tour in Private: $660
Alcohol
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Alcohol Drinks for one dayPanama City $18Puerto Montt $4.49
When comparing the travel costs between Panama City and Puerto Montt, we can see that Puerto Montt 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 Panama City is in Central America and Puerto Montt is in South 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 Panama City Expensive? and Is Puerto Montt Expensive?.
Which is Bigger, Panama City or Puerto Montt?
Panama City has a larger population, and is about 3 times larger than the population of Puerto Montt. When comparing the sizes of Panama City and Puerto Montt, 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.