Which place is cheaper, Panama City or Phnom Penh?
These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.
Jump to 
Should you visit Phnom Penh 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 Phnom Penh 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: Phnom Penh or Panama City?
Phnom Penh
Phnom Penh is the capital and largest city in the country of Cambodia. It is located at the edge of the Mekong and the Tonle Sap rivers and is the nation's center of economics and industry. The metropolitan area has a population of about 2.2 million.
Phnom Penh was once called the "Pearl of Asia." In the 1920s it was one of the most impressive French built cities in the region and was an important tourist destination. During the Vietnam War, refugees fled to the city and by 1975 the city's population was between 2 and 3 million, most of them being refugees. The city fell to the Khmer Rouge in 1975 and they cut off supplies to the population for over a year. Journalists reported torture and mutilation of the trapped civilians and the Khmer Rouge forcibly evacuated the city in what is known as the death march. The Khmer Rouge was driven from the city by the Vietnamese in 1979 and reconstruction began.
Today, tourism continues to grow in the city and those who visit are greeted by a welcoming and friendly population, a rich culture, and truly rewarding travel experience.
Phnom Penh has a tropical wet and dry climate. It is hot year around with very little temperature variation. Lows are usually in the low 70s Fahrenheit and highs are in the mid to high 90s Fahrenheit. The southwest monsoon brings rains between May and October and the northeast monsoon brings the dry season from November to March.
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 The Best One Week (7-Day) Tours in Cambodia, The Best 2-Week Tours in Cambodia, The Best One-Week (7-Day) Tours from Panama City, and The Best 2-Week Tours from Panama City.
-
Phnom Penh Prices
Cambodia PricesPanama City Prices
Panama Prices -
Average Daily Cost Per person, per dayPhnom Penh $50Panama City $101
The average daily cost (per person) in Phnom Penh is $50, while the average daily cost in Panama City is $101. 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 Phnom Penh and Panama City in more detail.
Accommodation
-
Accommodation Hotel or hostel for one personPhnom Penh $12Panama City $35
-
Accommodation Typical double-occupancy roomPhnom Penh $24Panama City $70
Compare Hotels in Phnom Penh and Panama City
Looking for a hotel in Phnom Penh 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: Phnom Penh Hotel Prices and Panama City Hotel Prices.
Local Transportation
-
Local Transportation Taxis, local buses, subway, etc.Phnom Penh $7.87Panama City $11
Hired Cars and Shuttles in Phnom Penh
Some specific examples of transportation prices in Phnom Penh:
- Private Taxi transfer from Phnom Penh City to Can Tho City: $375
- Siem Reap: Private Transfer to or from Phnom Penh: $239
- Try find your better than us ! Airport transfer service Phnom Penh HTL-APT (PNH): $200
- Private Transfer from Phnom Penh to Siem Reap by VIP Alphard 2010: $190
- Private Transfer/ Phnom Penh to Sihanoukville by VIP Alphard 2010: $180
- Private Transfer from Phnom Penh to Siem Reap by VIP Alphard 2005: $165
- Siem Reap or Private One-Way Transfer: $158
- Ground Transfer/ Minivan/ Phnom Penh to Siem Reap: $150
- Private taxi transfer from Phnom Penh to Siem Reap: $145
- Private taxi transfer from Sihanoukville to Phnom Penh city: $145
- Private Taxi transfer from Phnom Penh to Siem Reap: $145
- Private Taxi transfer from Siem Reap to Phnom Penh: $145
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- 2 Days 1 Night Tour in Panama : Hotel and Transfers: $278
- Airport To City Hotel transfer: $50
- Arrival Private Transfer Panama PTY Airport to City by Luxury SUV: $84
- Arrival Private Transfer Panama PTY Airport to Panama City by SUV: $75
- Arrival Transfer Panama Tocumen Airport PTY to Panama by Sprinter: $152
- Luxury SUV Private Transfer Panama City to Panama PTY Airport: $84
- One Way Private transfer Panama City PTY Airport to City: $19
- Panamá Tocumen Airport Hotel or airbnb Transfer: $25
- Panama Airport (PTY) to Decameron - Round-Trip Private Transfer: $213
- Panama Airport (PTY) to Playa Bonita/Gamboa - Private Transfer: $34
- Panama Airport (PTY) to Playa Bonita/Gamboa - Round-Trip Transfer: $67
- Guided Panama Canal & City Tour with Transfers: $70
Is it cheaper to fly into Phnom Penh or Panama City?
Prices for flights to both Panama City and Phnom Penh 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 dayPhnom Penh $23Panama City $36
Typical Food Prices in Phnom Penh
Below are a few samples from actual travelers for food and meal costs in Phnom Penh:
-
Dinner for Two$10
-
Breakfast for Two$4.84
Food Tours and Cooking Classes in Phnom Penh
Also, here are some specific examples of food and dining related activities in Phnom Penh.
- Mekong Sunset Dinner Cruise with Live Music: $9.90
- Sunset Dinner Cruise with English Speaking Guide: $10
- Buffet Dinner Cruise Experience with Live Music: $12
- Nightlife three hours food tours: $27
- Evening City Tour by Tuk Tuk with 1 Dinner: $29
- Cooking Class in Phnom Penh: $31
- Phnom Penh’s Hands-On Khmer Cooking Class in the Countryside: $35
- Street Art & Food Tour by Tuk-Tuk: $35
- Street Art and Food Tour with Pickup and Beer: $39
- Phnom Penh Morning Market & Food Tour by Tuktuk - Includes All Food & Drinks!: $45
- Half Day - Phnom Penh Food Tour: $45
- Evening Food Tour with Drinks & Tuk Tuk Included: $49
Typical Food Prices in Panama City
Here are some examples of typical meal expenses from previous travelers to Panama City:
-
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
-
Entertainment Entrance tickets, shows, etc.Phnom Penh $7.65Panama City $66
Tours and Activities in Phnom Penh
Here are a few actual costs in Phnom Penh for available activities, ticket prices, and tours:
- Killing field and Toul Sleng genocide museum Tour: $19
- Phnom Penh Full Day Private Tours: $155
- Phnom Penh Private Tour with Luggage Storage: $7.92
- ( Free eSim) Classic Phnom Penh Full Day Tour : $45
- 2 Day SUV and Minivan Tour Phnom Penh and Siem Reap: $145
- 2 Days Phnom Penh Cyclo and Cycling Tour: $128
- 2 Days Private Guide Tour Phnom Penh Heritage: $282
- 5-Hour Biking Tour in Mekong Island: $49
- 6-8 Hours Phnom Penh Private Guided Tour : $15
- A Day Trip Sightseeing of Phnom Penh With Private Tour Guide : $65
- A Full Day Tour for Royal Palace, S21, Killing Fields & More : $35
- A day Trip Sightseeing Phnom Penh - Siem Reap - Private English Speaking Driver : $105
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
Alcohol
-
Alcohol Drinks for one dayPhnom Penh $4.33Panama City $18
Sample the Local Flavors in Phnom Penh
Some specific costs for nightlife related activities in Phnom Penh:
- Phnom Penh Pub Crawl with Free Mad Monkey Singlet: $12
When we compare the travel costs of actual travelers between Phnom Penh and Panama City, we can see that Panama City is more expensive. And not only is Phnom Penh much less expensive, but it is actually a significantly cheaper destination. Since Phnom Penh is in Asia 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 Phnom Penh would let you spend less money overall. Or, you could decide to spend more money in Phnom Penh 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 Phnom Penh.
If you're trying to decide if either of these two destinations are within your price range, also see Is Phnom Penh Expensive? and Is Panama City Expensive?.
Which is Bigger, Phnom Penh or Panama City?
Phnom Penh has a larger population, and is about 4 times larger than the population of Panama City. When comparing the sizes of Phnom Penh 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.