Which place is cheaper, Panama City or Podgorica?
These are the overall average travel costs for the two destinations.
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Should you visit Podgorica or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Podgorica or Panama City, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.
Where Should I go: Podgorica or Panama City?
Podgorica
Podgorica is Montenegro's capital city, and also its largest. Dating back to the Ottoman Empire, World War II destroyed much of this history, but there are a few Turkish remnants worth visiting. Podgorica's central location often makes the city a good starting point for day trips to coastal cities or mountain resorts.
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 Budget Tours to Montenegro, The Best Hiking & Trekking Tours in Montenegro, 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 dayPodgorica €105Panama City €80
The average daily cost (per person) in Podgorica is €105, while the average daily cost in Panama City is €80. 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 Podgorica and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personPodgorica €46Panama City €33
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Accommodation Typical double-occupancy roomPodgorica €92Panama City €66
Compare Hotels in Podgorica and Panama City
Looking for a hotel in Podgorica 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: Podgorica Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Podgorica €20Panama City €9.94
Hired Cars and Shuttles in Podgorica
Some specific examples of transportation prices in Podgorica:
- Private transfer from Podgorica Airport or city to Tirana Airport: $274
- Private Transfer from Podgorica Airport (TGD) to Lustica: $263
- Transfer from Podgorica to Sarajevo: $252
- Tivat to Podgorica one way transfer: $210
- Kotor to Podgorica one way transfer: $205
- Private Transfer from Podgorica Airport (TGD) to Herceg Novi: $156
- Private Transfer from Podgorica Airport (TGD) to Tivat Airport (TIV): $136
- Budva to Podgorica one way transfer: $118
- Private Transfer from Podgorica Airport (TGD) to Tivat downtown: $117
- Transfer from Podgorica Airport and city to Tivat : $109
- Private transfer from Airport Podgorica and city to Kotor: $109
- Transfer from Podgorica Airport to Budva (and viceversa): $108
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Transfer in private vehicle from Panama City - Panama Tocumen Airport (PTY): $15
- Transfer in private vehicle from Panama Tocumen Airport (PTY)- Panama City: $15
- Private transfer from Panama Tocumen Airport (PTY)- Panama City: $15
- Private transfer from airport to hotels in Panama City: $15
- Panama City Private Arrival Transfer: $17
- Private Transfer Tocumen Airport to Panama City or Beach: $20
- Transfer from Panama City Hotel to Tocumen Airport: $23
- Transfer from Downtown Panama City to PTY Airport: $24
- Transfer Tocumen Airport to Panama City Hotels.: $25
- Airport TRANSFER 1 way Tocumen Howard BLB Albrook Rio Hato Colon: $28
- Panama Airport (PTY) to Panama city - Arrival Private Transfer: $28
- Private Transfer from Tocumen Airport to Playa Bonita: $30
Is it cheaper to fly into Podgorica or Panama City?
Prices for flights to both Panama City and Podgorica 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 dayPodgorica €41Panama City €19
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€7.69
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
- Night Out Experience (360 Panoramic Views + Dinner Show): $80
- 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.Podgorica €21Panama City €61
Tours and Activities in Podgorica
Some specific costs of activities, tours, and entrance tickets for Podgorica are as follows:
- ATV Private Tour Montenegro – Žabljak Crnojevića: $335
- ATV Tour Montenegro - Žabljak Crnojevića: $196
- Bar and Ulcinj Private Tour - Oriental Montenegro Experience: $241
- Biogradska Gora - Biograd Lake & Moraca canyon - Skadar Lake tour: $157
- Bjelasica – Troglava – Zekova glava - Hiking Tour: $260
- Boat Cruise Viktor Skadar LakeVirpazar Kom MonasteryVirpazar: $14
- Book Your Tour Ostrog Monastery: $66
- Book Your Tour Podgorica by walk: $36
- Cheese farm tour in the katun: $281
- Durmitor - Black Lake & Tara River Canyon - North Montenegro tour: $226
- Durmitor National Park, Northern Fairy Tail -private tour from Podgorica: $180
- Durmitor mountain - Glacial lakes - Montenegro hiking tours: $208
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
- Walking Tour Metropolitan Park Panama City : $25
- POIN Swing Experience: $27
- Poin Glass Observation Deck Ticket with VR Tour: $27
- POIN The Edge Experience: $27
- Panama: Highlights Bike Tour in Casco Viejo & Cinta Costera: $28
- Get to know the city aboard CitySightseeing Panama: $30
- City Sightseeing Hop-On Hop-Off Bus Tour: $30
- Sunset Walking Tour at Casco Viejo El Chorrillo and the fish market: $30
- walking tour in Casco Antiguo !: $30
- Bike tour in Panama City and Old Quarter with local guided: $31
- Bike tour in Panama City and Old City with locals: $31
Alcohol
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Alcohol Drinks for one dayPodgorica €20Panama City €17
Sample the Local Flavors in Podgorica
Some specific costs for nightlife related activities in Podgorica:
- Private Wine Tasting Activity at Lipovac Winery: $27
- Book Your Wine Tour: $78
- Podgorica Car Trip - Architecture, History, Wine tasting, Churches, Doclea city: $98
- Wine tasting in the family winery, feel the spirit: $121
- Montenegro: Nature, Locals & Wine Tour: $129
- Full Day Private Podgorica Wine Tour Experience: $159
- Skadar lake boat ride through "Montenegrin Amazon", wine tasting & Niagara falls: $197
When we compare the travel costs of actual travelers between Podgorica and Panama City, we can see that Podgorica is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Podgorica is in Europe 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 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 Podgorica would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Podgorica 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 Podgorica Expensive? and Is Panama City Expensive?.
Which is Bigger, Podgorica or Panama City?
Panama City has a larger population, and is about 3 times larger than the population of Podgorica. When comparing the sizes of Podgorica 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.