Which place is cheaper, Panama City or Tallinn?
These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.
Jump to 
Should you visit Tallinn or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Tallinn 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: Tallinn or Panama City?
Tallinn
Tallinn, the capital of Estonia, is located on the southern coast of the Gulf of Finland. It has a population of more than 430,000 people and is a charming, yet cosmopolitan place to visit. The Old Town is at the center of the city's tourism, and the beauty and architecture is very impressive. The city's close proximity to Helsinki makes it a popular day trip from Finland, but cheap plane flights have also encouraged visitors from around Europe to spend several days in this city. In particular, summer months can become quite crowded.
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 from Tallinn, The Best Family-Friendly Tours to Estonia, The Best Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.
-
Tallinn Prices
Estonia PricesPanama City Prices
Panama Prices -
Average Daily Cost Per person, per dayTallinn €121Panama City €88
The average daily cost (per person) in Tallinn is €121, while the average daily cost in Panama City is €88. 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 Tallinn and Panama City in more detail.
Accommodation
-
Accommodation Hotel or hostel for one personTallinn €47Panama City €30
-
Accommodation Typical double-occupancy roomTallinn €94Panama City €60
Compare Hotels in Tallinn and Panama City
Looking for a hotel in Tallinn 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: Tallinn Hotel Prices and Panama City Hotel Prices.
Local Transportation
-
Local Transportation Taxis, local buses, subway, etc.Tallinn €12Panama City €9.23
Typical Local Transportation Prices in Tallinn
Below are a few samples from actual travelers for transportation costs in Tallinn:
-
Tram Around Town for Two€1.66
Hired Cars and Shuttles in Tallinn
Also for Tallinn, here are a few examples of actual transportation services:
- From Private Transfer to Riga with Sightseeing: $494
- Sled Dog Ride on the Wheels with Transfer: $454
- Husky Dog Sledding Adventure with Transfer: $311
- Snowmobile Adventure with Transfers: $288
- Tallinn Party Bus Airport Transfer: $136
- Tallinn Party Bus Airport Transfer: $136
- Tallinn Arrival Private Airport Transfer in Minivan: $127
- CO2-Offset Arrival Transfer from Tallinn Airport/Port to Tallinn: $103
- Tallinn Airport Transfer - Return: $97
- Beginner Archery Class with Transfer: $86
- Tallinn Cruise Port to Tallinn hotels - Round-Trip Private Transfer: $81
- Tallinn Highlights Shore Excursion With Port Return Transfer: $70
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- VIP Transfer Panama: Playa Bonita, Panama City & Pacific Riviera: $20
- Travel in Comfort Airport Transfer Pty: $30
- Transfers to Riu Playa Blanca, The Buenaventura Golf, Rio hato: $45
- Transfers from PTY Airport to Playa Bonita or Gamboa and Back: $27
- Transfers: $37
- Transfer from Tocumen Airport to Playa Blanca Hotels: $85
- Transfer from Tocumen Airport to Colon Cruise Port: $160
- Transfer from Playa Bonita or Gamboa to PTY Airport: $35
- Transfer from PTY/Panama City to Cruise Terminal or Back: $35
- Transfer Tocumen International Airport - Playa Blanca, Rio Hato, Buena Ventura: $75
- Transfer Tocumen Airport to Hotel Westin or Dreams Playa Bonita: $55
- Transfer Tocumen Airport (PTY) to Playa Bonita (Westin and Dreams): $38
Is it cheaper to fly into Tallinn or Panama City?
Prices for flights to both Panama City and Tallinn 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 dayTallinn €62Panama City €31
Typical Food Prices in Tallinn
For Tallinn, here are some examples of average food and meal prices for travelers:
-
Lunch for Two€7.68
-
Dessert€1.15
Food Tours and Cooking Classes in Tallinn
For Tallinn, here are some samples of tours and activities related to meals and dining experiences:
- Tallinn old town: Estonian Cuisine Cooking Class: $86
- Estonian cuisine Cooking Class: $94
- Old Town Guided Tour with Dinner and Folk Show: $98
- Tallinn Beer House Dinner: $101
- Old Town Guided Tour and Medieval Dinner with Show: $103
- Old Town Food Tour from the cruise port: $109
- From Campfire Cooking Workshop with Guided Hike: $111
- Tallinn 3-Hour Estonian Food Tour: $143
- Vegan Food Tours Tallinn: $232
Typical Food Prices in Panama City
Here are some examples of typical meal expenses from previous travelers to Panama City:
-
Sandwich€7.13
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
- Panama City FOOD Tour: $65
- 3.5 -hour Afropanamanian Cooking Experience in Panama: $70
- Street Food Tour Panama City (28+ tastings) By Paradox Experience: $95
- 4h Cooking Class in 10 Recipes & Bottomless Drinks: $95
- Embera Village Cooking Class Experience in Chagres National Park: $125
- The Real Panamanian Private Food Tour through Panama City: $245
Entertainment
-
Entertainment Entrance tickets, shows, etc.Tallinn €5.63Panama City €57
Tours and Activities in Tallinn
For Tallinn, here are a few prices for actual activities, tours, and tickets provided by various companies:
- 2 Hour Tales of Tallinn Private Car Tour: $71
- 2 Hour Tallinn Old Town Walking Tour: $215
- 2-Day Guided Tour of Medieval Tallinn: $262
- 5-Hour Tallinn Tour for Cruise Passengers: $49
- A Walking Tour Around the World — From Tallinn: $20
- A Walking Tour Around the World — From Tallinn: $21
- Aegna Island: Self-Guided Discovery Tour: $9.21
- All inclusive Tallinn Food and Bike tour: $91
- Audio Tour of the Toompea Hill (Cathedral Hill) in Tallinn: $8.06
- Baltic Sea Round Trip: Tallinn-Stockholm-Tallinn Mini-Cruise: $124
- Best of Tallinn 2-Hour Bike Tour: $36
- Best of Small Group Walking Tour (Max 10, 3 Hours): $69
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- #1 Walking Tour of Casco Viejo Panama with Lunch included: $70
- "Bridge of the Americas Stand-Up Paddle Private 2 hours Tour ": $100
- 1- or 2-Night Experience in San Blas Islands: $260
- 1st Mysteries and FreeMasons Tour: $38
- 2 Days 1 Night San Blas Adventure in Pamana: $260
- 3 1/2 Hour Experience of Lake Gatun in Panama: $95
- 3 Hours Private Walking Tour in Casco Antiguo Panama City: $45
- 4-hour tour in Panama: $105
- 5 Hours Private Panama City Tour: $200
- 5-Hour Tour of Panama City, Panama from Tocumen Airport: $130
- 5-hour tour in Panama by a Local Guide: $39
- 5hour tour of Panama City and Panama Canal - Shared or Private: $65
Alcohol
-
Alcohol Drinks for one dayTallinn €15Panama City €16
Sample the Local Flavors in Tallinn
Also in Tallinn, these are the prices for nightlife and alcohol related activities from various tour providers:
- Old Town Bar Crawl - Shots, Games, Deals & Club: $22
- Telliskivi Bar Crawl with games, drinks, discounts: $22
- Bar Crawl with Shots, Beer, and Nightclub Entry: $23
- Tallinn Old Town Bar Crawl - free shots, discounts & club: $24
- Urban Beats Bar Crawl with Party Bus and Clubs: $51
- Tallinn Guided Bar Crawl: $135
- Gin Distillery Tour and Tasting: $275
When we compare the travel costs of actual travelers between Tallinn and Panama City, we can see that Tallinn is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Tallinn 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 Tallinn would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Tallinn 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 Tallinn Expensive? and Is Panama City Expensive?.
Which is Bigger, Tallinn or Panama City?
Panama City has a larger population, and is about 4% larger than the population of Tallinn. When comparing the sizes of Tallinn 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.