Which place is cheaper, Panama City or Valencia?
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 Valencia or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Valencia 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: Valencia or Panama City?
Valencia
Valencia is a port city that sits on Spain's southeastern Orange Blossom coast, where the Turia River meets the Mediterranean Sea. As the nation's third-largest city, it is continually innovative in the arts and sciences with some futuristic architecture including a planetarium, oceanarium, and an interactive museum. The nightlife and daytime culture both thrive in their own ways, bustling with limitless opportunities for sight-seeing and entertainment. While the city is surrounded by fertile farmland, its center is a modern metropolis, skirted by beautiful beaches.
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 One-Week (7-Day) Tours from Madrid, The Best One-Week (7-Day) Tours from Barcelona, The Best Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.
-
Valencia Prices
Spain PricesPanama City Prices
Panama Prices -
Average Daily Cost Per person, per dayValencia €153Panama City €90
The average daily cost (per person) in Valencia is €153, while the average daily cost in Panama City is €90. 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 Valencia and Panama City in more detail.
Accommodation
-
Accommodation Hotel or hostel for one personValencia €58Panama City €31
-
Accommodation Typical double-occupancy roomValencia €116Panama City €62
Compare Hotels in Valencia and Panama City
Looking for a hotel in Valencia 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: Valencia Hotel Prices and Panama City Hotel Prices.
Local Transportation
-
Local Transportation Taxis, local buses, subway, etc.Valencia €18Panama City €9.40
Hired Cars and Shuttles in Valencia
Some specific examples of transportation prices in Valencia:
- Private Transfer from Callosa d'en Sarria to Alicante–Elche (ALC) Airport: $209
- Departure Private Transfer Montserrat to Barcelona Airport or City by Luxury Van: $183
- Valencia Airport (VLC) to Valencia Cruise Port - Round-Trip Private Transfer: $109
- Private Transfer: Valencia Airport VLC to Valencia in Luxury Van: $95
- Private Transfer: Valencia to Valencia Airport VLC in Luxury Van: $95
- Valencia City, Airport, Cruise Terminal Private Transfer: $91
- Private Transfer: VLC Airport to Valencia in Business Car: $90
- Private Valencia Transfer: Central Valencia to Cruise Port or Valencia Airport: $72
- Try find your better than us! Airport transfer service in Valencia HTL-APT (VLC): $58
- Private Airport Transfer: Valencia Airport (VLC) → Valencia: $58
- Valencia hotels to Valencia Cruise Port - Departure Private Transfer: $55
- Private Transfer from Valencia Port to Valencia Airport (VLC): $55
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 Coronado/Gorgona - Round-Trip Transfer: $203
- Panama Airport (PTY) to Decameron - Round-Trip Private Transfer: $203
- Panama Airport (PTY) to Panama city - Arrival Private Transfer: $23
- Panama Airport (PTY) to Playa Blanca Round-Trip Private Transfer: $153
- Panama Airport (PTY) to Playa Bonita/Gamboa - Round-Trip Transfer: $64
- 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: $74
Is it cheaper to fly into Valencia or Panama City?
Prices for flights to both Panama City and Valencia 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 dayValencia €70Panama City €32
Food Tours and Cooking Classes in Valencia
Also, here are some specific examples of food and dining related activities in Valencia.
- Dinner with flamenco in Valencia: $63
- Valencia Food Tour: Tapas, Drinks and Delights with a Local: $67
- Make Valencian 'Pizza' in Ruzafa: $68
- Live the Valencian Experience Cooking Your Own Paella: $74
- Real Paella Cooking Class – Market Visit & Sangría Workshop: $74
- Paella cooking class: Sangria workshop, Tapas & Wine – evening: $74
- Paella cooking class - Local Market tour, Tapas & Wine: $74
- Seafood Paella cooking class Sangria workshop & Local Market: $74
- Valencia Morning Food Tour with Central Market by Food Lover Tour: $74
- Paella Cooking Class, Wine Tasting & Central Market in Valencia: $80
- Valencia Centre Food Tour with 9+ Tastings of Regional Delicacies: $112
- Tapas Dinner and Flamenco Show in Valencia: $112
Typical Food Prices in Panama City
Here are some examples of typical meal expenses from previous travelers to Panama City:
-
Sandwich€7.33
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
- Panamanian Dinner and Folkloric Show - All Inclusive Experience: $70
- E-Tickets Emotions Dinner Live Show Admission: $75
- Street Food Tour Panama City (25+ tastings) By Paradox Experience: $95
- 4-Hour Guided Panamanian Cooking Class and Markets Experience: $95
- 4h Cooking Class in 10 Recipes & Bottomless Drinks: $95
- Embera Village Cooking Class Experience in Chagres National Park: $125
Entertainment
-
Entertainment Entrance tickets, shows, etc.Valencia €29Panama City €58
Typical Entertainment Prices in Valencia
Here are a few typical costs in Valencia for activities, ticket prices, and tours that come from previous visitors:
-
Flamenco Tour€16
Tours and Activities in Valencia
Here are a few actual costs in Valencia for available activities, ticket prices, and tours:
- 1-Hour Segway Adventure: Medieval Valencia & Gardens: $51
- 1-Hour Segway Tour in Valencia + Full-Day Bike Rental: $46
- Albufera Nature Reserve & Orange Orchard Farm: Private Tour: $228
- All-in-One Valencia Private E-Bike Tour: $86
- All-in-One Valencia Private E-Scooter Tour: $74
- Between Two Gates: A Self-Guided Audio Tour in Valencia: $15
- Bike & Boat Tour in Albufera, Nature and Culture: $68
- Bike Tour of Valencia See Iconic Landmarks: $33
- Cabecera Park Private Segway Tour: $57
- Chulilla Canyon Adventure and Hanging Bridges Hike: $143
- Chulilla Canyon Trail - private full day tour: $182
- Chulilla Hanging Bridges Hike & Turia Canyon Tour from Valencia: $97
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- BEC Immersive Museum: Panama Through Your Senses Admission Ticket: $15
- Archaeological Site. Admission ticket to Panama La Vieja: $15
- Private Historic Tour of the Old Town: $15
- Panama Old Town Tour: Learn about our History and Culture: $22
- Sunset Bike Tour/ Cinta Costera Casco Viejo by Paradox Experience: $22
- Spanish Experience in Panama City: $25
- Casco Viejo Walking Tour: History, Culture & Local Tasting: $25
- Museum of Illusions Panama Admission Ticket: $26
- Panama City Must-see Attractions Walking Tour with a Guide: $26
- City Sightseeing Panama City Hop-On Hop-Off Bus Tour: $30
- Panama City Walking Tour: Explore Top Sights & Hidden Gems: $30
- Get to know the city on board CitySightseeing Panama (24 Hours): $30
Alcohol
-
Alcohol Drinks for one dayValencia €20Panama City €16
Sample the Local Flavors in Valencia
Also in Valencia, these are the prices for nightlife and alcohol related activities from various tour providers:
- Pub Crawl Tour in Valencia: $22
- Wine tasting with 3 Valencia wines in the Valencia Wine Control Council: $29
- Wine Tasting Experience in Valencia’s Old Town: $44
- Gourmet Tapas and Wine Tour in Valencia: $51
- Wine Tasting Experience with a Professional Sommelier in Valencia City Center: $71
- Private premium wine tasting with snacks in Valencia's old town: $76
- Valencia Old Town Tour and Valencian Wine Tasting Tour: $124
- Two wineries tour with wine tasting: $143
- Cheese Factory Workshop with Wine Tasting in Requena, Valencia: $159
- Utiel-Requena Shore Excursion with Wine Tasting and Port Pickup: $159
- Christmas Tapas and Wine Tour in Valencia: $171
- Horseback riding and wine tour (private tour): $171
When we compare the travel costs of actual travelers between Valencia and Panama City, we can see that Valencia is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Valencia 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 Valencia would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Valencia 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 Valencia Expensive? and Is Panama City Expensive?.
Which is Bigger, Valencia or Panama City?
Valencia has a larger population, and is about 97% larger than the population of Panama City. When comparing the sizes of Valencia 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.