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

Should you visit Sydney or Panama City?

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

If you're trying to decide where to visit between Sydney 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: Sydney or Panama City?

Sydney

Sydney, known as the harbour city, is the most famous and frequently visited city in Australia. It is at the economical and cultural heart of the country, and is one of the most beautiful and livable cities in the world. It's situated on the water with stunning views of the famous harbour throughout the city. It's most famous landmarks include the Sydney Opera House and the Sydney Harbour Bridge. It is also very close wonderful beaches, parks, and nature.

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 Contiki Tours to Australia, The Best G Adventures Tours to Australia, The Best Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.


Which place is cheaper, Panama City or Sydney?

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 Sydney is $228, 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 Sydney and Panama City in more detail.



Accommodation
  • Accommodation Hotel or hostel for one person
    Sydney $113
    Panama City $35
  • Accommodation Typical double-occupancy room
    Sydney $226
    Panama City $70
Compare Hotels in Sydney and Panama City

Looking for a hotel in Sydney 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 Sydney


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: Sydney Hotel Prices and Panama City Hotel Prices.

Local Transportation
  • Local Transportation Taxis, local buses, subway, etc.
    Sydney $16
    Panama City $11
Typical Local Transportation Prices in Sydney

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


  • Taxi Ride
    $14
  • Taxi to Airport
    $18

Hired Cars and Shuttles in Sydney

Some specific examples of transportation prices in Sydney:

  • From Special Event, Festival or Conference Transfers: $661
  • Hunter Valley Sunrise Balloon Flight with Transfer: $363
  • From Sydney Hotels - Hotel Transfer to Airport: $355
  • Private City, Harbour, and Bondi Tour with Transfer: $274
  • Tandem Skydive with Optional Transfers: $251
  • Private Transfer from Sydney City Hotels to Newcastle Cruise Port: $249
  • Private Transfer - Sydney Airport (SYD) to Newcastle Cruise Port: $249
  • Luxury Mini Bus - Sydney Airport Transfers: $238
  • Premium Private Transfer FROM Sydney Airport to Sydney CBD/Downtown 1-13 people: $238
  • Luxury Van - Sydney Airport Private Arrival Transfer: $180
  • Sydney Airport Private Car Departure Transfer: $179
  • Minivan Arrival Transfer from Sydney Airport SYD to Sydney City: $168

Hired Cars and Shuttles in Panama City

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

  • Airport To City Hotel transfer: $50
  • Arrival Private Transfer Panama PTY Airport to Playa Bonita: $84
  • Arrival Private Transfer Panama PTY Airport to Playa Bonita: $75
  • Panama Airport (PTY) to Panama city - Round-Trip Private Transfer: $47
  • Panama Airport (PTY) to Playa Blanca Round-Trip Private Transfer: $159
  • Panama Airport (PTY) to Playa Bonita/Gamboa - Private Transfer: $33
  • Panama Airport (PTY) to Playa Bonita/Gamboa - Round-Trip Transfer: $66
  • Panama Casco Viejo Stopover: Private Tour, Coffee & Transfer: $164
  • Panama City Private Departure Transfer: $42
  • Panama One Way Transfer: Van from Tocumen Airport to Panama City: $83
  • Panama Private Airport/Port/Hotel Transfer Service: $28
  • Panama Tocumen Airport (PTY) to Colón - Arrival Private Transfer: $77

Is it cheaper to fly into Sydney or Panama City?

Prices for flights to both Panama City and Sydney 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
    Sydney $85
    Panama City $36
Typical Food Prices in Sydney

Below are a few samples from actual travelers for food and meal costs in Sydney:


  • Tea
    $2.88
  • Lunch Special
    $11
  • Food/Drink Coogie Beach
    $11
  • Meat Pies
    $3.60

Food Tours and Cooking Classes in Sydney

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

  • Vivid Festival of Light Harbor Cruise with Dinner: $36
  • City Highlights Walking Food Tour with Harbor Cruise: $45
  • Harbour Dinner Cruise with Buffet: $50
  • Roti Making Class with 5-Course Dinner: $50
  • Foraging Food Tour Sydney Native Aussie Food: $53
  • Sydney Harbour Discovery Dinner Cruise Scenic Sights and Buffet: $58
  • Twilight Dinner Cruise on Coral Trekker: $59
  • Harbor Sunset Cruise with Dinner: $59
  • Sydney Harbour Tall Ship Twilight Dinner Cruise: $65
  • Sydney Street Art & Food Tour: $68
  • Kids Cooking Classes: $69
  • Tall Ship Harbour Twilight Dinner Cruise: $72

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 Ravioli Masterclass + Dinner in Panama City center: $55
  • 3.5 -hour Afropanamanian Cooking Experience in Panama: $70
  • E-Tickets Emotions Dinner Live Show Admission: $75
  • 4-Hour Guided Panamanian Cooking Class and Markets Experience: $95
  • Street Food Tour Panama City (28+ tastings) By Paradox Experience: $95
  • Embera Village Cooking Class Experience in Chagres National Park: $125

Entertainment
  • Entertainment Entrance tickets, shows, etc.
    Sydney $35
    Panama City $66
Typical Entertainment Prices in Sydney

Here are a few typical costs in Sydney for activities, ticket prices, and tours that come from previous visitors:


  • Theatre Show
    $32
  • Sydney Tower Visit (for 2)
    $33
  • Blue Mountain Tour/Featherdale Park (for 2)
    $137
  • Powerhouse Museum
    $11

Tours and Activities in Sydney

Here are a few actual costs in Sydney for available activities, ticket prices, and tours:

  • #1 Blue Mountains Tour Scenic World Waterfalls Wildlife Park: $188
  • 1/2 day Sydney Sightseeing and Bondi Beach Tour: $45
  • 14-Day Sydney to Cairns, Fraser, Whitsundays Comfort Tour: $5,614
  • 30 Minute Shared Sydney Harbour Scenic Helicopter Tour: $238
  • 30-Minute Sydney Harbour and Olympic Park Helicopter Tour: $245
  • 30-minute Private Sydney Harbour Helicopter Tour for 2: $331
  • 45-Minute Sydney Harbour Adventure Jet Boat Ride: $72
  • 45-Minute Vivid Sydney Scenic Jet Boat Cruise Tour: $43
  • 4Hr Sydney Tour including a Rocks Walking Tour & Bondi: $62
  • Afternoon Discovery Cruise on Coral Trekker: $46
  • All Inclusive Twilight Nights Little India Half Day Tour: $219
  • Allianz Stadium Guided Walking Tour: $20

Tours and Activities in Panama City

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

  • Private Historic Tour of the Old Town: $16
  • Casco Viejo a Panama's Hidden Treasures Walking Tour: $24
  • Casco Viejo Walking Tour: History, Culture & Local Tasting: $25
  • Spanish Experience in Panama City: $25
  • Casco Viejo Golden Hour Rooftop Sunset Social Experience: $26
  • 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
  • Panama Viejo UNESCO Ruins Tour | The Original Panama City: $35
  • Bike tour in Old City and Cinta costera with local markets: $35
  • 5 hour tour in Panama City: $35

Alcohol
  • Alcohol Drinks for one day
    Sydney $17
    Panama City $18
Typical Alcohol Prices in Sydney

Below are a few samples from actual travelers for alcohol and nightlife costs in Sydney:


  • Wine
    $12

Sample the Local Flavors in Sydney

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

  • The Wednesday Social Pub Crawl & Karaoke: $29
  • Big Night Out Pub Crawl with Local Party Hosts: $32
  • Big Night Out Pub Crawl: $36
  • Private Wine Tasting at The Rocks: $46
  • Sydney Cellar Door - Old Vine Expressions Wine Tasting: $51
  • Marrickville Brewery Tour: $87
  • From: Sydney - Hunter Valley Wine Tasting Guided Day Tour: $89
  • Brewery, Winery, and Distillery Tasting Tour: $112
  • From Full-Day Hunter Valley Wine Tour & Lunch: $145
  • From Hunter Valley Wine Tasting Day Tour: $145
  • From Hunter Valley Multi-Brewery Tour with Lunch: $149
  • From All Inclusive Boutique Hunter Valley Wine Tour: $155


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


Which is Bigger, Sydney or Panama City?

Sydney has a larger population, and is about 10 times larger than the population of Panama City. When comparing the sizes of Sydney 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.