Cheap flights from Chicago to Panama City from $322

In general, April is the cheapest month to fly from Chicago to Panama City. Due to it being the ‘off-season’ during this time, you can expect flight prices to be around $584. If you’re not able to fly to Panama City in April, then March is your next best option. Flight prices from Chicago to Panama City during March average around $593.

Our data shows that Tuesday is the least expensive day to fly to Panama City. Tickets to fly out on this day can be as low as $562. If your travel schedule is flexible, try to avoid departing on a Saturday because tickets tend to average around $607. These prices are subject to change though, so be sure to set up a Price Alert for flights to Panama City.

Our most recent data shows that the best time of day to fly to Panama City is in the evening. Flights from Chicago to Panama City during this time can be as low as $488. Try not to purchase tickets in the morning because they tend to be around $595. Of course, these prices can vary depending on the time of year and what airport you fly to.

Fly from Chicago O'Hare Intl to Panama City Tocumen Intl for the best Chicago - Panama City Tocumen Intl flight prices

You are more likely to see cheaper flights to Panama City from Chicago when booking weeks ahead of your departure date. In general, you can expect to find flights to Panama City for around $669 when searching weeks out. However, flight prices might be lower outside of this timeframe. For example, people recently found flights to Panama City from Chicago for as low as $505 on momondo.

There are 3 cabin classes available to choose from on Chicago to Panama City flights. Cabin price and availability will vary by airline so perform a search above to find the right deals for you.

You could potentially save up to 42% on your flight if you consider stops on a Chicago to Panama City flight.

Historically, on average around 12% of flights between Chicago and Panama City have experienced a delay on any given week. The average delay length over the past 12 months has been 122 minutes.

Generally, flights departing in the morning tend to experience fewer delays. Flights at night have, in the past, seen delays more frequently in comparison.

Thursday is statistically the day of the week which experiences the fewest number of delays on this flight route. Sunday has historically seen more delays on average compared to the rest of the week.

According to our data, Copa Airlines have had the least number of delays on this route over the last 12 months; with about 12% of their flights experiencing any sort of delay.

Miami (MIA) was the most common stop: 50% of momondo users choosing 1-stop flights on this route connected there.

Flights via Bogotá (BOG) offer the lowest average round-trip price of $268.

Flights connecting via Miami (MIA) have the shortest average one-way travel time: 7h 38m.

Houston (IAH) has the shortest average layover time for this route: 1h 05m.

The number of flights available between Chicago and Panama City is 5 per day as of August 2026. The most frequent departure time is 8:00AM, with 63% of daily flights leaving at noon.

As of August 2026, there are 35 flights per week flying from Chicago to Panama City. The most common day of the week flights depart is Fri, with 17% of flights taking off on this day.