Which place is cheaper, Panama City or Setubal?
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 Setubal 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 Setubal and Panama City can help you decide which place is right for you.
Where Should I go: Setubal or Panama City?
Setubal
Setubal is a busy working port and major commercial fishing center. Setubal is a city that has always had a close connection to the seas, and this is celebrated along the newly rejuvenated waterfront, which encompasses the colorful fishing harbor, the popular urban park and the Troia Peninsula ferry terminal. Within the charming historic center is a maze of narrow alleys, hidden plazas, and family-owned shops, along with Portugal's largest fish market. Setubal is primarily an industrial city, but is situated in a region of immense beauty; to the east is the stunning Serra da Arrabida, to the north is historic Palmela, while to the south are the paradise beaches of the Troia Peninsula. Setubal may not be a conventional holiday destination, but there is a surprising amount to see and do within the city and the surrounding region.
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 in Portugal, The Best Hiking & Trekking Tours in Portugal, The Best One-Week (7-Day) Tours from Panama City, and The Best 2-Week Tours from Panama City.
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Setubal Prices
Portugal PricesPanama City Prices
Panama Prices -
Average Daily Cost Per person, per daySetubal €149Panama City €86
The average daily cost (per person) in Setubal is €149, while the average daily cost in Panama City is €86. 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 Setubal and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personSetubal €59Panama City €30
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Accommodation Typical double-occupancy roomSetubal €118Panama City €60
Compare Hotels in Setubal and Panama City
Looking for a hotel in Setubal 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: Setubal Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Setubal €54Panama City €9.09
Hired Cars and Shuttles in Setubal
Also for Setubal, here are a few examples of actual transportation services:
- Transfers (Lisbon - Évora) / (Évora - Lisbon): $286
- Transfer Sesimbra to Lisbon Airport: $102
- Setúbal: Ilha Deserta Boat Transfer with Free Time: $29
- Boat Transfer to Ribeiro do Cavalo Beach with Return: $24
- Ribeiro do Cavalo Beach Taxi Boat Transfer Round Trip: $24
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- 2 Days 1 Night Tour in Panama : Hotel and Transfers: $278
- Transfer Airport or Hotel To Playa Venao Panama or vice versa: $260
- Panama Airport (PTY) to Decameron - Round-Trip Private Transfer: $213
- Transfer from Tocumen Airport to Colon Cruise Port: $160
- 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: $150
- Roundtrip Private Transfer Panama Airport (PTY) - Playa Blanca : $142
- Private Transfer Hotel or Airport to Resorts in Playa Blanca. One way: $125
- Transfer from Panama Airport to Colon Cruise Terminal: $110
- Panama Tocumen Airport PTY to Coronado/Gorgona - Arrival Transfer: $107
Is it cheaper to fly into Setubal or Panama City?
Prices for flights to both Panama City and Setubal 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 daySetubal €60Panama City €31
Food Tours and Cooking Classes in Setubal
For Setubal, here are some samples of tours and activities related to meals and dining experiences:
- Lisbon Guided Tour with Live Fado Show and Traditional Dinner : $225
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€7.03
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
Entertainment
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Entertainment Entrance tickets, shows, etc.Setubal €12Panama City €56
Tours and Activities in Setubal
Also, here are some specific examples of entertainment, tickets, and activities for Setubal.
- Horse Carriage Tour on the Mountain in Palmela: $183
- Secrets of Setúbal: Exploration Game and Tour: $7.17
- Évora Catholic History Tour: $101
- Évora Jewish History Tour: $101
- Évora Private Walking Tour, By Local Guide: $56
- Évora or Montemor-o-Novo: Guided Tour to Escoural Caves: $30
- 4x4 Tour to the Wonders of Cabo Espichel : $60
- 4x4 and Boat Tour in Arrabida Natural Park: $108
- Arrábida - Sesimbra: Nature Jeep Tour: $65
- Arrábida Kayak Tour with Secret Beaches & Beach Picnic: $186
- Arrabida Adventure Circuit: $72
- Boat Tour - Arrábida Coves: $42
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- Gatun Lake Panamá Wildlife Adventure Guided Experience: $159
- Horseback riding and Agri-Tour in Colon Private tour: $75
- Panama City Tour and Panama Canal – Miraflores Locks Experience: $30
- Panama Viejo and Casco Antiguo Tour: $115
- Panama a quick and memorable tour: $68
- San Blas Islands, 4-Island Tour All-Inclusive Welcome Cocktail: $149
- #1 Walking Tour of Casco Viejo Panama with Lunch included : $70
- “Bike Tour Casco Viejo and Panama City Discover the Essence: $40
- “Panama at Your Rhythm: Private Tour with Canal, Old Town and More”: $67
- "Bridge of the Americas Stand-Up Paddle Private 2 hours Tour " : $100
- 1st Mysteries and FreeMasons Tour: $38
- 2 Days 1 Night San Blas Adventure in Pamana: $260
Alcohol
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Alcohol Drinks for one daySetubal €10Panama City €15
Sample the Local Flavors in Setubal
Some specific costs for nightlife related activities in Setubal:
- Workshop - Wine Tasting 101: $72
- Sesimbra: Half-Day Tour to Arrabida with Wine Tasting: $143
- Half Day Wine Tour Around Evora: $156
- Lisbon Getaway: Private Arrabida Wine Tour with Cheese Tasting: $213
When we compare the travel costs of actual travelers between Setubal and Panama City, we can see that Setubal is more expensive. And not only is Panama City much less expensive, but it is actually a significantly cheaper destination. Since Setubal 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 Setubal would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Setubal 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 Setubal Expensive? and Is Panama City Expensive?.
Which is Bigger, Setubal or Panama City?
Panama City has a larger population, and is about 3 times larger than the population of Setubal. When comparing the sizes of Setubal 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.