vs
Oaxacais 27% cheaper — BDI "Fair" (44/10) vs Panama City "Fair" (48/10). Dorms avg $19/night vs $15/night.
Quick Verdict
Best For…
Traveler type
🇲🇽 Oaxaca
🇵🇦 Panama City
Solo budget traveler
★★★★★
21 hostels, avg 9.0 rating
★★★★★
16 hostels, avg 7.9 rating
Couple on a budget
★★★★★
Private rooms avg $86/night
★★★★★
Private rooms avg $34/night
Digital nomad
★★★★★
Coffee $3.02, dorms avg $19
★★★★★
Coffee $4.03, dorms avg $15
Nightlife seeker
★★★★★
Beer $2.32, 21 hostels
★★★★★
Beer $2.93, 16 hostels
First-time Europer
★★★★★
23 attractions
★★★★★
25 attractions
Cost Comparison
Daily Budget
| Tier | 🇲🇽 Oaxaca | 🇵🇦 Panama City | You Save / day |
|---|---|---|---|
Shoestring Dorm bed · street food · free activities | $23 cheaper | $32 | $9/day |
Comfortable Mix of dorm & private · restaurants | $36 cheaper | $51 | $15/day |
Flashpacker Private rooms · dining out · some tours | $67 cheaper | $89 | $22/day |
Price Intelligence
Seasonal Price Curve
Everyday Costs
Cost of Living
| Item | 🇲🇽 Oaxaca | 🇵🇦 Panama City |
|---|---|---|
| 🥙Street food meal Local market, street stall | $6.64 37% less | $10.60 |
| 🍽️Mid-range meal Sit-down restaurant, one person | $13.45 41% less | $22.85 |
| 🍺Beer (local draft) 500ml at a bar | $2.32 21% less | $2.93 |
| ☕Coffee Espresso or flat white | $3.02 25% less | $4.03 |
| 🚇Single metro / bus Standard single ticket | $0.54 | $0.35 35% less |
Brokepackr Deal Index™
Our Verdict + Hostel Quality
🇲🇽▼
Oaxaca
Mexico
44
BDI: Fair
Brokepackr Deal Index™
Higher dorm prices (avg $19/night). Strong hostel scene (21 hostels).
Hostel Quality
Avg guest rating8.5
Top-rated hostelHostal Central (9.7)
Annual dorm avg$19/night
Total hostels21
🇵🇦▼
Panama City
Panama
48
BDI: Fair
Brokepackr Deal Index™
Moderate dorm prices (avg $15/night).
Hostel Quality
Avg guest rating8.5
Top-rated hostelEden S Garden Hostal (10.0)
Annual dorm avg$15/night
Total hostels16
Entry Requirements
Visa & Entry
Passport
🇲🇽 Oaxaca
🇵🇦 Panama City
🇪🇺 EU / EEA
Visa Free (180d)
Visa Free (180d)
🇺🇸 US
Visa Free (180d)
Visa Free (180d)
🇬🇧 UK
Visa Free (180d)
Visa Free (180d)
🇦🇺 Australia
Visa Free (180d)
Visa Free (180d)
🇨🇦 Canada
Visa Free (180d)
Visa Free (180d)
Flights
Getting There
City to City
Getting Between Oaxaca & Panama City
Climate
Weather & Best Time to Visit
°C · mm
🇲🇽 Oaxaca
30°C
High
/
14°C
Low
🌧 Rainfall: 23mm/month
Best months: Jan, Feb, Mar, Apr
🇵🇦 Panama City
31°C
High
/
25°C
Low
🌧 Rainfall: 38mm/month
Best months: Jan, Feb, Mar
Things To Do
Top Attractions
🇲🇽 Oaxaca
1. Árbol del TuleFree
2. Benito JuárezFree
3. Capilla AbiertaFree
4. Casa CuéFree
5. Casa de Juárez
🇵🇦 Panama City
1. Miraflores LocksFree
2. Miraflores Visitors CenterFree
3. Bolivar PalaceFree
4. Cabeza de EinsteinFree
5. CabildoFree
Common Questions
FAQ
Is Oaxaca or Panama City cheaper for backpackers?+
How many hostels are in Oaxaca vs Panama City?+
Do I need a visa for Oaxaca or Panama City?+
When is the best time to visit Oaxaca or Panama City?+
What's the cheapest month to visit Oaxaca and Panama City?+
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