Which place is cheaper, Panama City or Ho Chi Minh City?
These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.
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Should you visit Ho Chi Minh City or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
Which city is more affordable and which is best for your travel style? If you're trying to figure out where to go next, comparing the travel costs between Ho Chi Minh City and Panama City can help you decide which place is right for you.
Where Should I go: Ho Chi Minh City or Panama City?
Ho Chi Minh City
Ho Chi Minh City, formerly Saigon, is the largest city in Vietnam. It previously served as the capital of the Republic of Vietnam (South Vietnam). The metropolitan area, including Ho Chi Minh City, Thu Dau Mot, Di An, Bien Hoa, and other surrounding towns, has a population of more than 9 million people and continues to grow.
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 Ho Chi Minh City, The Best Family-Friendly Tours to Vietnam, The Best One-Week (7-Day) Tours from Panama City, and The Best 2-Week Tours from Panama City.
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Ho Chi Minh City Prices
Vietnam PricesPanama City Prices
Panama Prices -
Average Daily Cost Per person, per dayHo Chi Minh City $87Panama City $101
The average daily cost (per person) in Ho Chi Minh City is $87, 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 Ho Chi Minh City and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personHo Chi Minh City $48Panama City $35
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Accommodation Typical double-occupancy roomHo Chi Minh City $96Panama City $70
Compare Hotels in Ho Chi Minh City and Panama City
Looking for a hotel in Ho Chi Minh City 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: Ho Chi Minh City Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Ho Chi Minh City $14Panama City $11
Typical Local Transportation Prices in Ho Chi Minh City
Here are some examples of typical transportation prices from actual travelers in Ho Chi Minh City:
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Short Taxi Ride$1.33
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Taxi From Airport$7.58
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Cyclo Ride (One Hour)$1.52
Hired Cars and Shuttles in Ho Chi Minh City
Also for Ho Chi Minh City, here are a few examples of actual transportation services:
- Private Taxi transfer from Phnom Penh to Ho Chi Minh City: $358
- Ho Chi Minh to Nha Trang - Private Transfer: $259
- Private Transfer from Tan Son Nhat (SGN) Airport to Phang Rang Thap Cham: $257
- Private Transfer from Tan Son Nhat (SGN) Airport to Ca Mau: $249
- Private Transfer from Tan Son Nhat (SGN) Airport to Ha Tien Pier: $249
- Ho Chi Minh Airport (SGN) to Mui Ne - Round-Trip Private Transfer: $237
- Ho Chi Minh Airport (SGN) to Vung Tau Round-Trip Private Transfer: $222
- Private Transfer from Tan Son Nhat (SGN) Airport to Soc Trang: $216
- Private Transfer: Ho Chi Minh City Center to Mui Ne: $196
- Private Transfer from Ho Chi Minh City Hotels to Phu My Port: $192
- Private Transfer from Ho Chi Minh Airport (SGN) to Phu My Port : $192
- Private Transfer from Tan Son Nhat (SGN) Airport to Chau Doc: $184
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Transfer to BIKINI BEACH (for ages 18+) or Santa Clara: $300
- Transfer to Panama City, Hotel and City tour - 1 night: $266
- Panama Airport (PTY) to Decameron - Round-Trip Private Transfer: $213
- Panama Airport (PTY) to Coronado/Gorgona - Round-Trip Transfer: $213
- Private Transfer from Panama City Hotels to Colón Cruise Port: $158
- Miraflores Visitor Center Ticket & Transfer: $155
- Arrival Transfer Panama Tocumen Airport PTY to Panama by Sprinter: $152
- Private Transfer from Panama Airport (PTY) to Colón Resorts: $149
- Roundtrip Private Transfer Panama Airport (PTY) - Playa Blanca : $142
- Private Transfer Hotel or Airport to Resorts in Playa Blanca. One way: $125
- Private Transfer Tocumen Airport - Linton Bay Marina: $90
- Luxury SUV Private Transfer Panama City to Panama PTY Airport: $84
Is it cheaper to fly into Ho Chi Minh City or Panama City?
Prices for flights to both Panama City and Ho Chi Minh City 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
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Food Meals for one dayHo Chi Minh City $23Panama City $36
Typical Food Prices in Ho Chi Minh City
Here are some examples of typical meal expenses from previous travelers to Ho Chi Minh City:
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Street Food Dinner (for Two)$4.06
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Pizza$4.93
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Sweet Rice$1.14
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Pork Sandwich$0.57
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Casual Lunch (for Two)$6.43
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Western Lunch (for Two)$11
Food Tours and Cooking Classes in Ho Chi Minh City
For Ho Chi Minh City, here are some samples of tours and activities related to meals and dining experiences:
- Vietnamese Cooking and Craft Workshop by the Lake: $12
- Saigon Food Tour & Culture Explore Ho Chi Minh City Walking Tour: $15
- Mekong Delta 4 Islands, TukTuk, Boat, Try Khot Cake Local Cooking: $24
- Saigon Street Food Tour with Local Guide: $25
- Pu Luong Cooking Class at Traditional Stilt House: $25
- Ho Chi Minh City Street Food Tour With Students: $27
- Saigon - Tasty Food Tour By Scooters: $28
- Private Half-Day Ho Chi Minh Food Tour with Local Students: $29
- Ho Chi Minh Private Half Day Street Food Tour with Local Students: $29
- Ho Chi Minh Street Food Tour With Young Local (Safe & Authentic): $29
- The Coolest Vegan Food Tour in Ho Chi Minh City: $29
- Super Niche Walking Street Food Tour in Ho Chi Minh City: $29
Typical Food Prices in Panama City
Here are some examples of typical meal expenses from previous travelers to Panama City:
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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 Evening Food Tour: $60
- Street Food Tour in Panama City with 24 samples and secret drinks: $69
- Afro-Panamanian Cooking Class with Meal: $75
- Street Food Tour with 24 Tastings: $75
- Cooking Class in Panama City with 10 Recipes & Bottomless Drinks: $95
- 4-Hour Guided Panamanian Cooking Class and Markets Experience: $95
- Panama: 10-Recipe Boozy Panamanian Cooking Class + Dinner: $95
- Folkloric Dance & Typical Dinner at Sabroso Panamá: $110
- Embera Village Cooking Class Experience in Chagres National Park: $125
- The Real Panamanian Private Food Tour through Panama City: $205
- Street Food Tour in Panama with a Local Guide: $263
Entertainment
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Entertainment Entrance tickets, shows, etc.Ho Chi Minh City $19Panama City $66
Typical Entertainment Prices in Ho Chi Minh City
For Ho Chi Minh City, here are some examples of average entertainment and activity prices from previous travelers:
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Massage$5.31
Tours and Activities in Ho Chi Minh City
Also, here are some specific examples of entertainment, tickets, and activities for Ho Chi Minh City.
- 8-Hour City Tour: Hidden Gems, Local Life & Modern Saigon: $46
- A O Show - Included: Tour guide, Car Pick Up And Drop Off : $65
- Cu Chi Tunnels and Sai Gon City Tour : $64
- Cu Chi Tunnels half day tours: $39
- From Ho Chi Minh to Mui Ne 3 Days Tour | 4 Star Beach Resort : $170
- Half Day Private Tour in Ho Chi Minh City: $54
- Ho Chi Minh City Bus Tour Experience: $100
- Street Food Walking Tour with 12 Tastings: $30
- Jeep tour Sai Gon Private half day culture and history tour: $100
- Mekong Delta Discovery Day Tour - My Tho - Ben Tre: $46
- Non-Touristy Mekong Delta with Biking in Ben Tre Private Tour: $113
- Private Ho Chi Minh 30 minutes Experience by Electric Cart: $9.71
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- Canopy-ziplining Adventures in Anton Valley: $195
- Gatun Lake Panamá Wildlife Adventure Guided Experience: $159
- Panama City Tour and Panama Canal – Miraflores Locks Experience: $30
- Private tour of Panama City and the Panama Canal.: $70
- San Blas Islands, 4-Island Tour All-Inclusive Welcome Cocktail: $149
- Tour of the Historic Center of Panama and the Canal: $52
- “Bike Tour Casco Viejo and Panama City Discover the Essence: $40
- “Panama at Your Rhythm: Private Tour with Canal, Old Town and More”: $67
- 1st Mysteries and FreeMasons Tour: $38
- 2 Days 1 Night San Blas Adventure in Pamana: $260
- 2 Hours Private Luxury Tour in a Convertible Car in Panama City: $255
- 2 Hours Tour to Panama La Vieja for Groups: $170
Alcohol
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Alcohol Drinks for one dayHo Chi Minh City $7.57Panama City $18
Typical Alcohol Prices in Ho Chi Minh City
Below are a few samples from actual travelers for alcohol and nightlife costs in Ho Chi Minh City:
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Beer$0.38
When comparing the travel costs between Ho Chi Minh City and Panama City, we can see that Panama City is more expensive. However, the two cities are actually relatively comparable in price, as the difference is somewhat minimal. Generally, this means that you could travel with generally the same travel style and level of luxury in each place. Even though Ho Chi Minh City is in Asia and Panama City is in Central America, both of these destinations have relatively similar prices of travel. Generally, the levels of luxury and expenses are the same for these cities even though they are geographically far apart.
If you're trying to decide if either of these two destinations are within your price range, also see Is Ho Chi Minh City Expensive? and Is Panama City Expensive?.
Which is Bigger, Ho Chi Minh City or Panama City?
Ho Chi Minh City has a larger population, and is about 8 times larger than the population of Panama City. When comparing the sizes of Ho Chi Minh City 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.