A Travel Price Comparison for Families, Couples, and Backpackers Panama City vs. Puerto Vallarta for Vacations, Tours, and Honeymoons

Should you visit Panama City or Puerto Vallarta?

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 Vallarta can help you decide which place is right for you.

Where Should I go: Panama City or Puerto Vallarta?

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 Vallarta

Puerto Vallarta remains a popular tourist destination with Americans, particularly during spring break when students flock to the area. The area is quite beautiful and has many gorgeous beaches, interesting jungles and waterfalls nearby, and no shortage of luxury resorts and four star restaurants. Many of the locals speak English and are friendly and open to helping tourists with directions or general information. Puerto Vallarta's popularity means that its prices are some of the highest in Mexico, particularly during holidays when the area can get quite crowded.

For some great organized tour ideas, see The Best 2-Week Tours from Panama City, The Best Adventure Tours to Panama, The Best Romantic Tours for Couples in Mexico, and The Best Luxury Tours to Mexico.


Which place is cheaper, Puerto Vallarta or Panama City?

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

The average daily cost (per person) in Panama City is $86, while the average daily cost in Puerto Vallarta is $115. 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 Vallarta in more detail.



Accommodation
  • Accommodation Hotel or hostel for one person
    Panama City $35
    Puerto Vallarta $63
  • Accommodation Typical double-occupancy room
    Panama City $70
    Puerto Vallarta $126
Compare Hotels in Panama City and Puerto Vallarta

Looking for a hotel in Panama City or Puerto Vallarta? 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.

Hotels in Panama City


Hotels in Puerto Vallarta


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 Vallarta Hotel Prices.

Local Transportation
  • Local Transportation Taxis, local buses, subway, etc.
    Panama City $11
    Puerto Vallarta $19

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 Vallarta

Some specific examples of transportation prices in Puerto Vallarta:

  • Private Transfer from Sayulita to Guadalajara: $240
  • Puerto Vallarta Airport (PVR): Transfer to Puerto Vallarta: $209
  • Puerto Vallarta Airport (PVR) to Sayulita hotels - Private Roundtrip Transfer: $192
  • Puerto Vallarta Airport (PVR) to Puerto Vallarta - Round-Trip Private Transfer: $153
  • Private Transfer from Puerto Vallarta Airport to Nayarit: $145
  • Airport Transfer Puerto Vallarta : $135
  • Private transfer round trip Puerto Vallarta Airport To Hotel In Luxury Vehicle: $129
  • Puerto Vallarta Airp.(PVR): Transfer to Puerto Vallarta Port: $118
  • Puerto Vallarta Cruise Port: Transfer to Puerto Vallarta: $118
  • Private Transfer from Puerto Vallarta Airport (PVR) for 4-7 people to Nayarit: $102
  • Sayulita hotels to Puerto Vallarta Airport (PVR) – Private Departure Transfer : $96
  • Roundtrip Transfer Private Minivan Puerto Vallarta Airport (PVT) -City Center: $93

Is it cheaper to fly into Panama City or Puerto Vallarta?

Prices for flights to both Puerto Vallarta 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 day
    Panama City $21
    Puerto Vallarta $37
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

Food Tours and Cooking Classes in Puerto Vallarta

Also, here are some specific examples of food and dining related activities in Puerto Vallarta.

  • Dinner Tacos Food Tour: $55
  • Off The Beaten Path Food Tour. Dinner in Pitillal : $55
  • Puerto Vallarta 3-Hour Food Tour of Authentic Local Cuisine: $59
  • Downtown Puerto Vallarta Food Tour with Vallarta Food Tours: $59
  • Puerta Vallarta: Seafood Lover's Food Tour: $59
  • Signature Taco and Street Food Tour in Puerto Vallarta: $65
  • Vallarta by Road Food Tour: $75
  • Mexican Cooking Class, Tequila Tasting & Unlimited Margaritas: $75
  • Bucerias Bike and Food Tour: $90
  • Mexican Cooking Class and Tequila Tasting: $96
  • Sayulita Tacos and Tequila Food Tour : $99
  • Cooking Class and Market Tour: $130

Entertainment
  • Entertainment Entrance tickets, shows, etc.
    Panama City $66
    Puerto Vallarta $19

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 Vallarta

Some specific costs of activities, tours, and entrance tickets for Puerto Vallarta are as follows:

  • 3-hr ATV Mountian Exclusive Tour to Sierra Madre: $65
  • Snorkel Adventure at Majahuitas Beach: $54
  • Zip Line Adventure in the heights in Puerto Vallarta 10 zip lines: $66
  • 2 Hour and 30 Minutes Walking Tour in 5 De Diciembre: $45
  • 2 Hours Catamaran Sunset Tour: $99
  • 3-Hour Exclusive Guided RZR Adventure Sierra Madre Mountains Tour: $125
  • 360 Puerto Vallarta City Tour with Lunch: $65
  • 4 Hour Surf Experience in Corral Del Risco: $75
  • 8 hour All Inclusive Tour in Catamaran Arcos Animas Quimixto: $78
  • 8 hour All Inclusive Tour in Catamaran Arcos Animas Quimixto: $82
  • ATV Adventure from Puerto Vallarta: $110
  • ATV Adventure in Puerto Vallarta (Single): $105

Alcohol
  • Alcohol Drinks for one day
    Panama City $18
    Puerto Vallarta $24

Sample the Local Flavors in Puerto Vallarta

Here are a few nightlife and alcohol tours and activities from local tour providers in Puerto Vallarta:

  • All you can drink Bar Crawl: $99


When we compare the travel costs of actual travelers between Panama City and Puerto Vallarta, we can see that Puerto Vallarta 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 Puerto Vallarta is in North 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 Puerto Vallarta would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Puerto Vallarta 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 Puerto Vallarta Expensive?.


Which is Bigger, Panama City or Puerto Vallarta?

Panama City has a larger population, and is about 2 times larger than the population of Puerto Vallarta. When comparing the sizes of Panama City and Puerto Vallarta, 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.