Which place is cheaper, Panama City or Prague?
These are the overall average travel costs for the two destinations.
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Should you visit Prague 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 Prague 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: Prague or Panama City?
Prague
Prague is the capital city of the Czech Republic. It is also the largest city in the country and one of the largest cities in Central Europe. Prague has long enticed travelers for its beautiful architecture, impressive bridges, detailed cathedrals, and fascinating history. Prague is unique in that is remained almost completely undamaged during World War II. The medieval city center still feels like you've stepped back in time. Despite this historic atmosphere, there is still a lot of vibrant energy and you'll find many different live music venues, art galleries, modern restaurants, and unique festivals throughout the year.
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 Czech Republic, The Best Tours for Seniors to Czech Republic, 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 dayPrague $111Panama City $86
The average daily cost (per person) in Prague is $111, 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 Prague and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personPrague $68Panama City $35
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Accommodation Typical double-occupancy roomPrague $136Panama City $70
Compare Hotels in Prague and Panama City
Looking for a hotel in Prague 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: Prague Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Prague $8.26Panama City $11
Hired Cars and Shuttles in Prague
Some specific examples of transportation prices in Prague:
- Sightseeing Transfer to Salzburg via Cesky Krumlov: $1,451
- Private transfer from Prague to Budapest: $1,066
- Private transfer from Prague to Munich: $700
- Private transfer from Prague to Vilshofen: $592
- Airport Transfer Beer Party Bus with Unlimited Beer: $591
- Private sightseeing transfer Prague - Vienna: $430
- Luxury transfer from Prague to Česky Krumlov: $296
- Private Transfer from Prague to Salzburg with local English-speaking driver: $289
- Private Transfer From Prague To Berlin With 2h For Sightseeing: $289
- Private transfer from Prague to Berlin with Terezin Concentration Camp stop: $284
- Private Transfer from Prague to Nuremberg with 2h of Sightseeing: $282
- Private Transfer from Prague to Vienna with 2h for Sightseeing: $278
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 Prague or Panama City?
Prices for flights to both Panama City and Prague 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 dayPrague $26Panama City $21
Typical Food Prices in Prague
Some typical examples of dining costs in Prague are as follows:
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Fruit$4.30
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Lunch for One$13
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Bananas$0.61
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Cookies$0.34
Food Tours and Cooking Classes in Prague
Also, here are some specific examples of food and dining related activities in Prague.
- Anti Tour Prague - Self Guided Beer and Food Tour: $21
- Hard Rock Cafe with Set Menu for Lunch or Dinner: $27
- Prague by Night: 2-Hour Dinner Cruise with Live Music: $47
- Sightseeing Boat Cruise with Buffet Dinner: $47
- Sightseeing Boat Cruise with Buffet Dinner: $52
- Prague Street Food Tour: $53
- Vltava River Evening Dinner Cruise: $54
- Folkloric Dinner Show with Unlimited Drinks: $57
- 2-Hour Dinner Cruise with Transfers: $58
- Folklore dinner: $58
- Vltava River Cruise with Dinner: $58
- Medieval Dinner with Unlimited Drinks: $59
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:
- 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.Prague $16Panama City $66
Typical Entertainment Prices in Prague
Some typical examples of activities, tours, and entrance ticket prices in Prague are as follows:
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Opera Tickets$4.30
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Two Tickets for Charles Bridge Tower$6.02
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Image Theatre for Two$41
Tours and Activities in Prague
Some specific costs of activities, tours, and entrance tickets for Prague are as follows:
- Prague Escape Game Experience: $32
- The Private Prague All Inclusive Tour: $268
- "Best of Prague" custom-built private tour 7 hours : $199
- 1 hour Old timer Convertible Prague Sightseeing Tour: $137
- 1 hour Prague Panoramic Vltava River sightseeing Cruise: $17
- 1–Hour Vintage Car Tour: $129
- 1,5 hour oldtimer convertible Prague sightseeing tour: $164
- 1,5-Hour Prague Monasteries Segway Tour : $68
- 1.5 Hour SEGWAY Tour of Prague: $63
- 1000 years of history! Evening walking foodie tour: $146
- 180 Min Grand Private City Tour on E-Scooter: $95
- 2 Countries Bohemian and Saxon Switzerland tour from Prague: $169
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 dayPrague $11Panama City $18
Typical Alcohol Prices in Prague
Here are a few samples of the prices for alcohol and nightlife in Prague from other travelers:
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A Bottle of Wine$6.83
Sample the Local Flavors in Prague
Also in Prague, these are the prices for nightlife and alcohol related activities from various tour providers:
- Staropramem Brewery Self-Guided Tour with Tasting: $13
- Clock Tower Bar Crawl with Drinks and Shots: $24
- Clock Tower Bar Crawl in Prague: $26
- 1 Hour Exclusive Moravian Wine Tasting in an Art Gallery : $28
- Pub Crawl in Prague: $32
- Pub Crawl and International Party: $34
- Pub Crawl with Open Bar and VIP Entry: $34
- Pub Crawl with 2-Hour Open Bar at Drunken Monkey: $36
- Golden Burlesque Show & Live Music w/ Lady & The Devil: $37
- Golden BURLESQUE: $42
- Prague beer tour with brewery visit and tasting: $47
- Wine Tasting and Walking Tour of Prague: $49
When we compare the travel costs of actual travelers between Prague and Panama City, we can see that Prague is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Prague 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 Prague would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Prague 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 Prague Expensive? and Is Panama City Expensive?.
Which is Bigger, Prague or Panama City?
Prague has a larger population, and is about 3 times larger than the population of Panama City. When comparing the sizes of Prague 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.