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

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.


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.

  • Valencia Prices
    Spain Prices
    Panama City Prices
    Panama Prices
  • Average Daily Cost Per person, per day
    Valencia 153
    Panama City 89

The average daily cost (per person) in Valencia is €153, while the average daily cost in Panama City is €89. 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 person
    Valencia 58
    Panama City 31
  • Accommodation Typical double-occupancy room
    Valencia 116
    Panama 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.

Hotels in Valencia


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: Valencia Hotel Prices and Panama City Hotel Prices.

Local Transportation
  • Local Transportation Taxis, local buses, subway, etc.
    Valencia 18
    Panama City 9.33

Hired Cars and Shuttles in Valencia

Some specific examples of transportation prices in Valencia:

  • Departure Private Transfer Montserrat to Barcelona Airport or City by Luxury Van: $187
  • Valencia Cruise Port to Valencia hotels - Round-Trip Private Transfer: $112
  • Valencia Airport (VLC) to Valencia Cruise Port - Round-Trip Private Transfer: $112
  • Private Transfer: Valencia Airport VLC to Valencia in Luxury Van: $97
  • Valencia City, Airport, Cruise Terminal Private Transfer: $93
  • Valencia Airport (VLC) to Valencia - Arrival Private Transfer: $56
  • Valencia Cruise Port to Valencia Airport (VLC) - Departure Private Transfer: $56
  • Valencia hotels to Valencia Cruise Port - Departure Private Transfer: $56
  • Private Transfer from Valencia Port to Valencia Airport (VLC): $56
  • Barcelona to Montserrat Monastery: Tour, Transfers & Basilica: $49
  • Transfer: Valencia Airport (VLC) to Valencia City Center: $29
  • Transfer: Valencia City Center to Valencia Airport (VLC): $28

Hired Cars and Shuttles in Panama City

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

  • Airport TRANSFER 1 way Tocumen Howard BLB Albrook Rio Hato Colon: $28
  • Airport To City Hotel transfer: $50
  • Arrival Private Transfer Panama PTY Airport to Playa Bonita: $75
  • Arrival Private Transfer Panama PTY Airport to Playa Bonita: $84
  • PTY Tours & Airport transfers - Giants V.I.P Tours: $22
  • Panama 2 days / 1 night : hotel, transfers and city tour: $278
  • Panama Airport (PTY) to Decameron - Round-Trip Private Transfer: $208
  • Panama Airport (PTY) to Playa Bonita/Gamboa - Private Transfer: $33
  • Panama Airport (PTY) to Playa Bonita/Gamboa - Round-Trip Transfer: $65
  • 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

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 day
    Valencia 70
    Panama City 31

Food Tours and Cooking Classes in Valencia

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

  • Make Valencian 'Pizza' in Ruzafa: $70
  • Authentic Paella Dinner in Valencia: $72
  • Valencia Evening Cruise with Dinner and Drinks: $75
  • Valencia Food Tour: Tapas, Drinks and Delights with a Local: $76
  • Live the Valencian Experience Cooking Your Own Paella: $76
  • Valencia Morning Food Tour with Central Market by Food Lover Tour: $76
  • Seafood Paella cooking class Sangria workshop & Local Market: $76
  • Real Paella Cooking Class – Market Visit & Sangría Workshop: $76
  • Paella cooking class: Sangria workshop, Tapas & Wine – evening: $76
  • Paella Cooking Class, Wine Tasting & Central Market in Valencia: $82
  • Carbonara Cooking Class in Valencia with an Italian Chef: $99
  • Valencia Centre Food Tour with 9+ Tastings of Regional Delicacies: $114

Typical Food Prices in Panama City

Here are some examples of typical meal expenses from previous travelers to Panama City:


  • Sandwich
    7.21

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.
    Valencia 29
    Panama City 57
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 Tour in Valencia + Full-Day Bike Rental: $47
  • A day in the life of Valencia - Private tour with a local: $249
  • Adventures day: Thermal Springs, Waterfalls, private guesthouse: $104
  • Albufera Natural Park Tour from Boat Ride & Local Guide: $69
  • Albufera Nature Reserve & Orange Orchard Farm: Private Tour: $233
  • All-in-One Valencia Private Bike Tour: $76
  • All-in-One Valencia Private E-Bike Tour: $88
  • Best Bike Tour Dutch & English in Valencia: $38
  • Between Two Gates: A Self-Guided Audio Tour in Valencia: $7.99
  • Bike & Boat Tour in Albufera, Nature and Culture: $92
  • Bike Rentals Valencia Daily EBike Adventure: $29
  • Bike tour with city guide from old to new: $41

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
    Valencia 20
    Panama 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: $19
  • Pub Crawl Valencia | The Biggest | Club Entry Included: $20
  • Pub Crawl Bars, Free Shots & Club Entry: $20
  • Wine Tasting Experience in Valencia’s Old Town: $40
  • Gourmet Tapas and Wine Tour in Valencia: $53
  • Valencia Walking Tour with 13th Century Wine Tasting: $69
  • Private premium wine tasting with snacks in Valencia's old town: $69
  • Valencia Vineyard Tour with Wine Tasting, Cava and Snacks: $81
  • Two wineries tour with wine tasting: $141
  • Valencia Benimaclet Tour with Gourmet Conservas and Wine Tasting: $148
  • Cheese Factory Workshop with Wine Tasting in Requena, Valencia: $162
  • Christmas Tapas and Wine Tour in Valencia: $175


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.