A Travel Price Comparison for Families, Couples, and Backpackers Singapore vs. Panama City for Vacations, Tours, and Honeymoons

Should you visit Singapore or Panama City?

Which is cheaper to visit? Which is more expensive for vacation?

Should I visit Singapore 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: Singapore or Panama City?

Singapore

Singapore is a city-state that was originally founded in 1819 as a British trading colony. Today it is a very international country that is incredibly modern and cosmopolitan. There is a strong financial industry in this country, and a correspondingly strong work ethic. It is one of the most prosperous cities in the world, and has one of the world's busiest ports.

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 Singapore, The Best Tours for Seniors to Singapore, The Best Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.


Which place is cheaper, Panama City or Singapore?

These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.

The average daily cost (per person) in Singapore is $178, 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 Singapore and Panama City in more detail.



Accommodation
  • Accommodation Hotel or hostel for one person
    Singapore $101
    Panama City $35
  • Accommodation Typical double-occupancy room
    Singapore $202
    Panama City $70
Compare Hotels in Singapore and Panama City

Looking for a hotel in Singapore 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.

Hotels in Singapore


Hotels in Panama City


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: Singapore Hotel Prices and Panama City Hotel Prices.

Local Transportation
  • Local Transportation Taxis, local buses, subway, etc.
    Singapore $11
    Panama City $11
Typical Local Transportation Prices in Singapore

Here are some examples of typical transportation prices from actual travelers in Singapore:


  • Taxi to Airport
    $25

Hired Cars and Shuttles in Singapore

Some specific examples of transportation prices in Singapore:

  • Transfer to Zoo/Night Safari/Bird Paradise/Rainforest Asia: $233
  • Singapore Universal Studios Tickets with Two-way Return Transfer: $206
  • Singapore River & Night Safari-COMBO (Shared Transfer): $179
  • Mandai Wildlife Reserve Singapore Combo with Transfer: $167
  • Airport Transfer: Singapore to SIN Airport by Luxury Car: $162
  • MBS SkyPark, Gardens by the Bay & Flyer with Transfer: $160
  • Singapore to Legoland Malaysia - Private Transfer: $160
  • Private Transfer from Singapore Changi Airport (SIN) to Legoland (Malaysia): $159
  • Sentosa cable car skyhelix cove waterpark wings of show transfer: $144
  • Sentosa Universal Studio with Transfer optional Wings of Time: $140
  • Singapore Zoo & River Wonder & Amazon River Quest & Transfer: $140
  • 1 Day 2 Attraction Pass ( Tickets & transfer ): $140

Hired Cars and Shuttles in Panama City

Also for Panama City, here are a few examples of actual transportation services:

  • Private Transfer to Panama City Airport (PTY): $14
  • Private transfer from airport to hotels in Panama City: $15
  • Private Transfer from Tocumen Airport to Panama City: $19
  • Private transfer Panama City - Fort Amador Cruise Terminal: $20
  • Transfer to or from the airport / Min 2 pax: $20
  • Private Transfer Tocumen Airport to Panama City or Beach: $20
  • Private Transfer Panama Tocumen Airport PTY to Panama City: $21
  • PTY Tours & Airport transfers - Giants V.I.P Tours: $22
  • Private Transfer from Tocumen Airport to Downtown Panama City, Panama: $23
  • Transfer from Downtown Panama City to PTY Airport: $24
  • Transfer from Tocumen Airport to Panama City Hotels: $25
  • Private Transfer Tocumen Airport - Old Town(Casco Viejo): $27

Is it cheaper to fly into Singapore or Panama City?

Prices for flights to both Panama City and Singapore 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 day
    Singapore $50
    Panama City $36
Typical Food Prices in Singapore

Some typical examples of dining costs in Singapore are as follows:


  • Breakfast
    $4.71
  • Sugarcane Juice
    $1.55

Food Tours and Cooking Classes in Singapore

Also, here are some specific examples of food and dining related activities in Singapore.

  • Secrets of Singapore Kick Scooter Tour with Dinner: $53
  • Chinatown Food Tour with 6 Tastings: $54
  • Chinatown Food Tour with 6 Tastings (Self-Guided Hunt): $56
  • Singapore Food Tours - Chinatown Complex Hawker: $58
  • Authentic Singapore Street Food Tour: $60
  • Breakfast Food Tour in Singapore: $60
  • Chinatown History and Food Tour in Singapore: $60
  • Food Tour with 10+Tasting: 40-min Cruise & 2 Must See Light Shows: $60
  • Plant-Based Food Tour with Local Guide: $61
  • Flavors of Singapore Food Tour at Chinatown: $63
  • Hawker Center Street Food Tour with Guide: $68
  • Full day Tour: Food tour, 40-min Cruise & 2 top-visit Light shows: $70

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:

  • Panama Food Tour Local Markets Immersion (Tasting tour + Lunch): $50
  • Italian-Panamanian Ravioli Cooking Class + meal in Panama City: $55
  • Panama City FOOD Tour: $65
  • Panamanian Dinner and Folkloric Show Ticket with Pickup: $65
  • 3.5 -hour Afropanamanian Cooking Experience in Panama: $70
  • Street Food Tour Panama (25+ tastings) By Paradox Experience: $90

Entertainment
  • Entertainment Entrance tickets, shows, etc.
    Singapore $34
    Panama City $66

Tours and Activities in Singapore

Some specific costs of activities, tours, and entrance tickets for Singapore are as follows:

  • #16Hrs Melaka Highlights Van Tour from Singapore w' Tour Guide: $147
  • 2 to 8 Hours Private Customized Walking Tour in Spanish: $79
  • 2-Park Combo Night Safari + Singapore Zoo Tickets: $129
  • 3h Chinatown, Little India,Arab Street SPANISH Walking Tour: $81
  • 3h Historical Civic District & Marina Bay Walking Tour: $68
  • 3hrs Singapore Walking Tour: Chinatown-Kampong Glam: $62
  • 4 Hours - Singapore Tour in Private Car or Minibus with Driver: $163
  • 4 hour Chinatown, Civic District to Marina Bay Walking Tour: $76
  • 4-hour Chinatown, Little India, and Arab Street Walking Tour: $87
  • 40 Minute Singapore River Cruise and 2 Light Shows Guided Tour: $52
  • 4hour Chinatown, Little India, Arab Street Walking Tour: $85
  • 5-Hour Insider Tour: Hidden Gems, Flavors & Heritage: $130

Tours and Activities in Panama City

Also, here are some specific examples of entertainment, tickets, and activities for Panama City.

  • Panama City Sunset Bike Tour (Cinta Costera & Casco Viejo): $22
  • Private Historic Tour of the Old Town: $25
  • Spanish Experience in Panama City: $25
  • Panama City Must-see Attractions Walking Tour with a Guide: $27
  • City Sightseeing Panama City Hop-On Hop-Off Bus Tour: $30
  • Get to know the city on board CitySightseeing Panama (24 Hours): $30
  • Panama City Walking Tour: Explore Top Sights & Hidden Gems: $30
  • Monkey and Sloth Jungle Habitat Panama Tour: $30
  • Panama City Private Walking Tour with a Local: $35
  • Panama Viejo Ruins & Museum Tour – Guided Exploration: $35
  • Craft Your Own Rum: The Casa Barú Experience Casco Viejo: $35
  • Half-Day Casco Viejo The Real City Guided with a Local Touch Tour: $35

Alcohol
  • Alcohol Drinks for one day
    Singapore $28
    Panama City $18

Sample the Local Flavors in Singapore

Here are a few nightlife and alcohol tours and activities from local tour providers in Singapore:

  • Party Singapore Bespoke Pub Crawl: $30
  • Party Singapore Bespoke Pub Crawl: $31
  • Singapore Pub Crawl: $38
  • Singapore Pub Crawl - Party like a Local: $39
  • Brass Lion Gin Distillery Tour Ticket: $41
  • LeVeL33 Rooftop Brewery Tour & Craft Beer Tasting: $77
  • LeVeL33 Craft-Brewery Restaurant & Lounge Package: $192


When we compare the travel costs of actual travelers between Singapore and Panama City, we can see that Singapore is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Singapore 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 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 Singapore would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Singapore 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 Singapore Expensive? and Is Panama City Expensive?.


Which is Bigger, Singapore or Panama City?

Singapore has a larger population, and is about 9 times larger than the population of Panama City. When comparing the sizes of Singapore 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.