Which place is cheaper, Panama City or Pereira?
These are the overall average travel costs for the two destinations.
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Should you visit Pereira or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
Which city should you visit? Read on to compare the activities as well as the prices of travel for Pereira and Panama City. We'll break down costs for accommodation, food, transportation and more to help you learn more about these two destinations. Then, you can figure out if either of these two places are accessible based on your travel budget, schedule, and interests. So, let's dig into it.
Where Should I go: Pereira or Panama City?
Pereira
Situated in a small valley in the western Andes, Pereira is the capital city of Risaralda, Colombia. The city is surrounded by coffee producing agriculture and sits in the middle of a triangle of cities including Bogota, Medillin and Cali, each of which is about a three to five hour drive away.
The city itself is very much student oriented, as there are many universities around town and at least one quarter of the population is made up of students. There is also a very European vibe to the city and you will find the area beautiful with many parks and museums.
Pereira's economy is based on government, agriculture, manufacturing, logistics, trade, commerce, and tourism. Agricultural products include sugarcane, cacao, rubber, cereals, coffee, and livestock. Apparel is the main manufacturing product, along with aluminium goods, motorcycles and telecommunications technology.
Pereira is found in a warm moorland area with an average temperature of around 72 degrees. The temperatures remain relatively consistent throughout the year with highs in the high 70s Fahrenheit to low 80s Fahrenheit. Low temperatures are usually in the low 60s Fahrenheit. Rain is heaviest during the months of April and May as well as October and November.
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.
For some great organized tour ideas, see Tours for Outdoor and Nature Lovers in Colombia, The Best Adventure Tours to Colombia, The Best 2-Week Tours from Panama City, and The Best Adventure Tours to Panama.
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Average Daily Cost Per person, per dayPereira $66Panama City $86
The average daily cost (per person) in Pereira is $66, while the average daily cost in Panama City is $86. 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 Pereira and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personPereira $27Panama City $35
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Accommodation Typical double-occupancy roomPereira $54Panama City $70
Compare Hotels in Pereira and Panama City
Looking for a hotel in Pereira or Panama City? 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: Pereira Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Pereira $21Panama City $11
Typical Local Transportation Prices in Pereira
Some typical examples of transportation costs in Pereira are as follows:
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Short Taxi Ride$1.21
Hired Cars and Shuttles in Pereira
Some specific examples of transportation prices in Pereira:
- Santa Rosa Cabal to Pereira Airport PEI - Departure Transfer: $63
- Private Transfer Pereira to Salento (or vice versa): $59
- Manizales Arrival or Departure Transfer: Matecaña Airport: $44
- One way transfer from Pereira to Salento AND/OR Salento to Pereira: $43
- Manizales Arrival or Departure Transfer: Matecaña Intl Airport: $41
- Manizales Arrival or Departure Transfer La Nubia Airport: $20
- One-Way Private Transfer from Matecaña Airport: $11
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Airport TRANSFER 1 way Tocumen Howard BLB Albrook Rio Hato Colon: $28
- PTY Tocumen Airport Private Transfer One Way or Round Trip!: $45
- Panama Airport (PTY) to Panama city - Arrival Private Transfer: $28
- Panama Airport (PTY) to Panama city - Round-Trip Private Transfer: $57
- Panama Airport (PTY) to Playa Blanca Round-Trip Private Transfer: $127
- Panama Airport (PTY) to Playa Bonita/Gamboa - Private Transfer: $38
- Embera Indian Village Tour w/ Airport Transfer: $290
- Guided Panama Canal & City Tour with Transfers: $65
- Half-Day City & Canal Tour w/ Airport Transfer: $215
- Historic District and Canal Tour with Transfer: $65
- One-Way or Round-Trip PTY Airport Transfer: $47
- Shopping at Albrook Mall & Round-Trip Transfer: $36
Is it cheaper to fly into Pereira or Panama City?
Prices for flights to both Panama City and Pereira 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 dayPereira $23Panama City $21
Typical Food Prices in Pereira
Below are a few samples from actual travelers for food and meal costs in Pereira:
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Hamburger$1.70
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.Pereira $19Panama City $66
Tours and Activities in Pereira
Here are a few actual costs in Pereira for available activities, ticket prices, and tours:
- Chocolate Tour - Wonders of the Cacao: $186
- City Tour Historic Center of Manizales in Caldas: $46
- Cocora Valley and Salento Hike Tour: $79
- Cocora Valley and Salento Horseback Riding Day Tour: $137
- Cocora Valley, Salento and Coffee Farm Day Tour : $124
- Cocora Valley, Salento and Filandia Full-Day Private Tour: $246
- Cocora, Salento and Coffee Experience: $258
- Coffee Farm and Salento Walking Tour with Lunch: $87
- Coffee Farm and Santa Rosa Hot Springs Tour from Pereira or Armenia: $151
- Coffee Tour at the Finca del Café: $40
- Coffee Tour, Sighting Pereira: $125
- Explore Colombia’s Magic Destination on this 10-Day Tour: $2,649
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
Alcohol
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Alcohol Drinks for one dayPereira $14Panama City $18
When we compare the travel costs of actual travelers between Pereira and Panama City, we can see that Panama City is more expensive. And not only is Pereira much less expensive, but it is actually a significantly cheaper destination. Since Pereira is in South America and Panama City is in Central 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 Pereira would let you spend less money overall. Or, you could decide to spend more money in Pereira 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 Panama City would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Panama City than you might in Pereira.
If you're trying to decide if either of these two destinations are within your price range, also see Is Pereira Expensive? and Is Panama City Expensive?.
Which is Bigger, Pereira or Panama City?
Pereira has a larger population, and is about 8% larger than the population of Panama City. When comparing the sizes of Pereira and Panama City, 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.