Which place is cheaper, Panama City or Playa del Carmen?
These are the overall average travel costs for the two destinations.
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Should you visit Playa del Carmen or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
Should I visit Playa del Carmen or Panama City? This is a common question asked by many travelers. By figuring out which city has activities that align with your interests along with knowing which is more affordable, you'll understand where you can get more bang for your buck. So, let's dive into the details and the data, which all comes from actual travelers.
Where Should I go: Playa del Carmen or Panama City?
Playa del Carmen
Playa del Carmen is in Quintana Roo on the Yucatan Peninsula. It's a popular resort town and is about seventy kilometers south of Cancun. It has a European atmosphere with many small hotels and a nice relaxed feel. It was originally a small fishing town but tourism began with the introduction of a passenger ferry to Cozumel. The area developed rapidly and there are many luxury hotels, condos, and resorts. There are also American chains and a variety of shopping opportunities nearby.
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 2-Week Tours in Mexico, Tours for Outdoor and Nature Lovers in Mexico, 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 dayPlaya del Carmen $81Panama City $86
The average daily cost (per person) in Playa del Carmen is $81, 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 Playa del Carmen and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personPlaya del Carmen $40Panama City $35
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Accommodation Typical double-occupancy roomPlaya del Carmen $80Panama City $70
Compare Hotels in Playa del Carmen and Panama City
Looking for a hotel in Playa del Carmen 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: Playa del Carmen Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Playa del Carmen $24Panama City $11
Hired Cars and Shuttles in Playa del Carmen
Some specific examples of transportation prices in Playa del Carmen:
- One Way Private Transfer from Playa del Carmen to Coba: $276
- Airport Transfers to Playa del Carmen - Private van (ROUND TRIP) FLAT RATE: $227
- Private Transfer to Cenote at Tulum: $213
- Transfers in Lincoln StretchLimo from Puerto Aventuras-Cun Airport.: $194
- Cancun Airport Round Trip transfer to Puerto Aventuras: $190
- 2x1 Tour: Isla Contoy, Isla Mujeres, Open Bar, Lunch and Transfers: $190
- Wedding Transfers Services in Round Trip Playa del Carmen: $180
- Roundtrip Private Transfer Playa del Carmen from CUN: $173
- Private Transfer From Cancún Airport - Puerto Aventuras: $163
- Contoy and Mujeres Islands Tour with Transfer Options: $159
- Tour Bacalar Ponton with Transfer from Cancun & Playa del Carmen : $147
- Access to Xel-Há Park with Transfer: $145
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 Playa del Carmen or Panama City?
Prices for flights to both Panama City and Playa del Carmen 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 dayPlaya del Carmen $24Panama City $21
Food Tours and Cooking Classes in Playa del Carmen
Also, here are some specific examples of food and dining related activities in Playa del Carmen.
- Cenotes by Bike and Mayan Cooking Class Half-Day Guided Tour: $60
- Walking Food Tour: $65
- Playa Del Carmen Authentic Downtown Food Tour: Tacos and Local Flavors: $75
- Playa del Carmen Walking Food Tour: $77
- Mexican Cooking Class: $100
- Seafood Tour in Playa del Carmen: $101
- PDC Traditional Mexican Cooking Experience: $104
- Authentic Mexican Cooking Class in Playa del Carmen: $120
- Isa’s Authentic Mexican Cooking Class: $120
- Cultural Coba Sunset Adventure with Dinner and show from Cancun: $130
- Sunset Adventure in Coba and Dinner with Show from Riviera Maya: $155
- Riviera Maya: Sunset Cruise with Beach Dinner and Open Bar: $157
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.Playa del Carmen $17Panama City $66
Tours and Activities in Playa del Carmen
Here are a few actual costs in Playa del Carmen for available activities, ticket prices, and tours:
- Romantic tour in Akumal: $115
- Tulum Ruins, Turtle Sightseeing & Underground Cenote from Tulum: $140
- VIP Cenote Scuba Tour, Certified Divers Only: $230
- 3 in 1 Private Tour Tulum Cenote and Snorkeling in the reef: $210
- 3D Museum of Wonders Admission Ticket: $42
- 5X1: Tulum and Coba Ruins, Cenote & Mayan Village Full Day Tour : $114
- ATV Adventure with Ziplines Cenote from Playa del Carmen: $75
- ATV Extreme and Snorkel Adventure from the Riviera Maya: $139
- ATV Ride and Secret Caves Tour from Playa del Carmen: $80
- ATV Shared & Ziplines Adventure in Tulum Jungle from Riviera Maya: $133
- ATV Shared, Cavern & Ziplines -Jungle Adventure from Riviera Maya: $158
- ATV Xtreme & Snorkel Experience: $138
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 dayPlaya del Carmen $21Panama City $18
When comparing the travel costs between Playa del Carmen and Panama City, we can see that Panama City 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 Playa del Carmen is in North America and Panama City is in Central 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 Playa del Carmen Expensive? and Is Panama City Expensive?.
Which is Bigger, Playa del Carmen or Panama City?
Panama City has a larger population, and is about 8 times larger than the population of Playa del Carmen. When comparing the sizes of Playa del Carmen 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.