Which place is cheaper, Puerto Montt or Panama City?
These are the overall average travel costs for the two destinations.
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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 2-Week Tours from Panama City, The Best Adventure Tours to Panama, The Best Vineyard & Wine Tours in Chile, and The Best Food and Culinary Tours in Chile.
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Average Daily Cost Per person, per dayPanama City $86Puerto Montt $89
The average daily cost (per person) in Panama City is $86, while the average daily cost in Puerto Montt is $89. 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 $6.43
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Private Departure Transfer to Panama City Airport (PTY): $13
- Private transfer from Panama Tocumen Airport (PTY)- Panama City: $15
- Transfer in private vehicle from Panama Tocumen Airport (PTY)- Panama City: $15
- Transfer in private vehicle from Panama City - Panama Tocumen Airport (PTY): $15
- Private Transfer Tocumen Airport to Panama City or Beach: $20
- Transfer from Panama City Hotel to Tocumen Airport: $23
- Private One-way Airport Transfer (Tocumen Airport To/From Panamá): $23
- Private Airport Transfer: $23
- Transfer Tocumen Airport to Panama City Hotels.: $25
- Private Transfer Tocumen Airport - Old Town(Casco Viejo): $25
- Airport TRANSFER 1 way Tocumen Howard BLB Albrook Rio Hato Colon: $28
- Panama Airport (PTY) to Panama city - Arrival Private Transfer: $28
Hired Cars and Shuttles in Puerto Montt
Some specific examples of transportation prices in Puerto Montt:
- Transfer from Puerto Montt Airport to Castro: $300
- Transfer Puerto Montt Airport to Castro: $277
- 4 Days Tour Los Lagos Region with Transfer Chiloe and Peulla: $177
- Transfer from Puerto Montt Airport to Frutillar: $80
- Puerto Montt Airport (PMC) to Puerto Varas - Round-Trip Transfer: $66
- Transfer from Puerto Montt Airport to Puerto Varas: $50
- Puerto Montt Airport (PMC) to Frutillar: Roundtrip Transfer: $46
- Cruce Andino Office Private Transfer from Puerto Montt: $44
- Puerto Montt Airport to Puerto Varas - RoundTrip Private Transfer: $42
- Puerto Airport (PMC) to Frutillar - Round-Trip Private Transfer: $42
- Puerto Montt Shuttle Transfer: $34
- Puerto Montt Airport (PMC) to Puerto Varas City- Arrival Transfer: $33
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 $21Puerto Montt $21
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
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.
- Bar tour in El Cangrejo with Bar Hopping Panama: $20
- Tour de bares en El Cangrejo con Bar Hopping Panama: $20
- POIN The Edge Experience: $27
- POIN Glass Viewpoint Experience: $27
- POIN Swing Experience: $27
- Highlights Bike Tour in Casco Viejo & Cinta Costera: $28
- Panama City Bike Tour: $30
- City Sightseeing Hop-On Hop-Off Bus Tour: $30
- walking tour in Casco Antiguo !: $30
- Sunset Walking Tour at Casco Viejo El Chorrillo and the fish market: $30
- City Sightseeing Panama City Hop-On Hop-Off Bus Tour: $30
- Bike tour in Panama City and Old Quarter with local guided: $31
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 : $130
- Alerce Andino National Park/Alerce Millenario/Cruises: $77
- Austral / Hornopiren Road Tour: $102
- Frutillar & Llanquihue Private Tour from Puerto Montt: $128
- Frutillar & Llanquihue Tour from Puerto Montt: $56
- Frutillar Tour: $31
- Osorno Volcano Tour+Petrohue Falls / Cruises / Spanish: $68
- Private Day tour Petrohue Falls, Osorno Volcano & Puerto Varas: $250
- Private Shore Excursion Tour to Puerto Montt, Puerto Varas and Frutillar: $143
- Private Tour: Puerto Montt Sightseeing: $47
- Private Tour: Puerto Montt, Puerto Varas and Vicente Peres Rosales National Park: $164
- Private. City Tour Puerto Montt and Puerto Varas: $92
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.