Which place is cheaper, Puerto Vallarta or Panama 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 Panama City or Puerto Vallarta?
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 Panama City and Puerto Vallarta can help you decide which place is right for you.
Where Should I go: Panama City or Puerto Vallarta?
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.
Puerto Vallarta
Puerto Vallarta remains a popular tourist destination with Americans, particularly during spring break when students flock to the area. The area is quite beautiful and has many gorgeous beaches, interesting jungles and waterfalls nearby, and no shortage of luxury resorts and four star restaurants. Many of the locals speak English and are friendly and open to helping tourists with directions or general information. Puerto Vallarta's popularity means that its prices are some of the highest in Mexico, particularly during holidays when the area can get quite crowded.
For some great organized tour ideas, see The Best One-Week (7-Day) Tours from Panama City, The Best 2-Week Tours from Panama City, The Best Romantic Tours for Couples in Mexico, and The Best Luxury Tours to Mexico.
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Panama City Prices
Panama PricesPuerto Vallarta Prices
Mexico Prices -
Average Daily Cost Per person, per dayPanama City $101Puerto Vallarta $128
The average daily cost (per person) in Panama City is $101, while the average daily cost in Puerto Vallarta is $128. 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 Panama City and Puerto Vallarta in more detail.
Accommodation
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Accommodation Hotel or hostel for one personPanama City $35Puerto Vallarta $57
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Accommodation Typical double-occupancy roomPanama City $70Puerto Vallarta $114
Compare Hotels in Panama City and Puerto Vallarta
Looking for a hotel in Panama City or Puerto Vallarta? 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: Panama City Hotel Prices and Puerto Vallarta Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Panama City $11Puerto Vallarta $17
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- Travel in Comfort Airport Transfer Pty : $12
- Private Departure Transfer to Panama City Airport (PTY): $13
- Private transfer from airport to hotels in Panama City: $15
- Private Transfer from Panama City Airport (PTY): $16
- Private Transfer to Panama City Airport (PTY): $16
- One Way Private transfer Panama City PTY Airport to City: $19
- Private One-way Airport Transfer from Panamá to Tocumen Airport : $19
- Private One-way Airport Transfer from Tocumen Airport to Panamá: $19
- Transfers from PTY Airport to Playa Bonita or Gamboa and Back: $20
- Transfer Airport - City / Min 2 pax: $20
- Private transfer Panama City - Fort Amador Cruise Terminal: $20
- Panama Private Airport/Port/Hotel Transfer Service: $20
Hired Cars and Shuttles in Puerto Vallarta
Some specific examples of transportation prices in Puerto Vallarta:
- Private Transfer from Punta de Mita Area to PVR Airport: $180
- Sayulita hotels to Puerto Vallarta Airport (PVR) – Private Departure Transfer : $155
- Puerto Vallarta Roundtrip Shuttle Airport Transfer: $32
Is it cheaper to fly into Panama City or Puerto Vallarta?
Prices for flights to both Puerto Vallarta and Panama 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 dayPanama City $36Puerto Vallarta $58
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:
- Panamanian Dinner and Folkloric Show Ticket with Pickup: $60
- Panama Evening Food Tour: $60
- Panama City FOOD Tour: $65
- E-Tickets Emotions Dinner Theater Live Show Admission: $75
- 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
- The Real Panamanian Private Food Tour through Panama City: $205
- Street Food Tour in Panama with a Local Guide: $263
Food Tours and Cooking Classes in Puerto Vallarta
Also, here are some specific examples of food and dining related activities in Puerto Vallarta.
- Winner 2025 Downtown Vallarta Food Tour with Vallarta Food Tours: $59
- Mexican Cooking Class, Tequila Tasting & Unlimited Margaritas: $89
- Sayulita Tacos and Tequila Food Tour : $99
- Puerto Vallarta- Market tour and Cooking Experience : $134
- Rhythms of the night, sunset cruise, open bar & oceanfront dinner: $159
Entertainment
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Entertainment Entrance tickets, shows, etc.Panama City $66Puerto Vallarta $17
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- Archaeological Site. Admission ticket to Panama La Vieja: $15
- Spanish Experience in Panama City: $25
- Panama Casco Viejo: Walking Tour Must See Treasures!!!: $25
- Panama: Highlights Bike Tour in Casco Viejo & Cinta Costera: $26
- Panama : Must-See Sites Walking Tour With A Guide: $27
- Get to know the city aboard CitySightseeing Panama: $29
- Panama City Tour and Panama Canal – Miraflores Locks Experience: $30
- Causeway and Old Town Night Tour: $30
- City Sightseeing Panama City Hop-On Hop-Off Bus Tour: $30
- walking tour in Casco Antiguo !: $30
- City Sightseeing Hop-On Hop-Off Bus Tour: $30
- Guided Walking Tour in Panama City: $32
Tours and Activities in Puerto Vallarta
Some specific costs of activities, tours, and entrance tickets for Puerto Vallarta are as follows:
- Sayulita Minivan Transportation Service Tour: $165
- ATV Tour Rio Cuale Sierra Madre Mountains and tequila tasting: $73
- ATV and RZR Jorullo Bridge Experience in Puerto Vallarta: $167
- Beachfront Massage Experience in Mismaloya: $42
- Bioluminescence & sunset local boat tour to Los Arcos Sanctuary: $67
- Boat and Snorkel Tour to 5 Islands of Los Arcos: $46
- Cachasol Raicilla and Tequila Tour: $83
- Canopy Tour Experience in Sayulita, Nuevo Nayarit.: $68
- City tour express; butterfly, tequila, and beach an ecological day: $22
- EcoHike experience through the jungle, mountains and hidden beach: $30
- Edenva Ecotourist Park in Puerto Vallarta: $69
- Food & Mixology Tour:Tequila,Tacos, Mezcal and Agave Cocktails: $98
Alcohol
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Alcohol Drinks for one dayPanama City $18Puerto Vallarta $22
When we compare the travel costs of actual travelers between Panama City and Puerto Vallarta, we can see that Puerto Vallarta is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Panama City is in Central America and Puerto Vallarta is in North 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 Puerto Vallarta would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Puerto Vallarta 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 Panama City Expensive? and Is Puerto Vallarta Expensive?.
Which is Bigger, Panama City or Puerto Vallarta?
Panama City has a larger population, and is about 2 times larger than the population of Puerto Vallarta. When comparing the sizes of Panama City and Puerto Vallarta, 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.