Asuncion vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Asuncion Panama City
🚶 Cost of living one person
$722
$1316
👨‍👩‍👧‍👦 Cost of living Family
$1726
$3171
🏠 One person rent
$361
$709
🏘️ Family rent
$634
$1291
🍽️ Food expenses
$217
$426
🚐 Transport expenses
$64.9
$78
💳 Monthly salary after tax
$415
$901
😷 Air quality
Moderate
Moderate
✈️ Airport proximity
13 km
7 km
🎓 Higher education
35
42
😀 Quality of life
53
67
🏙️ Population
524K
881K

The cost of living in Asuncion is 45% less expensive than in Panama City. Cities ranked 6685th and 4138th ($722 vs $1316) in the list of the most expensive cities in the world and ranked 1st and 1st in Paraguay and Panama, respectively. Check Paraguay vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Asuncion compared to 0.7 months in Panama City. Asuncion ranked 1st best city to live in Paraguay vs Panama City ranked 1st in Panama, while ranked 6074th and 3926th among best cities to live in the world.

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Cost of living in Asuncion vs Panama City infographic

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Prices in Asuncion vs Panama City

Prices for goods and services in Asuncion and Panama City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Asuncion Panama City
Eating Out
🍱 Lunch Menu
$4.35
$11.5
🥂 Dinner in a Restaurant, for 2
$20.5
$51.8
🥪 Fast food meal, equiv. McDonald's
$4.8
$7.97
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.63
$2.6
☕ Cappuccino
$2.72
$4.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.08
$1.75
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$386
$836
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$283
$520
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$731
$1703
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$510
$980
🔌 Utility Bill one person, electricity, heating, water, etc.
$40.7
$78.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$62.5
$119
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$17.1
$47.6
🏦 Mortgage Interest Rate for 20 Years
9.54%
5.97%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1152
$2399
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$940
$1457
Transportation
🚌 Local transport ticket
$0.49
$0.35
🎟️ Monthly ticket local transport
$32.1
$25.9
🚕 Taxi Ride, 8 km or 5 mi
$10.4
$12
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.1
$1.06
Groceries
🥛 Milk, 1 L or 1 qt
$0.89
$1.76
🍞 Bread, 0.5 kg or 1.1 lb
$0.64
$2.11
🍚 Rice, 1 kg or 2.2 lb
$0.76
$1.71
🥚 Eggs, x12
$1.93
$2.63
🧀 Cheese, 1 kg or 2.2 lb
$6.03
$11.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.49
$7.45
🥩 Round Steak, 1 kg or 2.2 lb
$6.19
$8.87
🍏 Apples, 1 kg or 2.2 lb
$2.24
$2.91
🍌 Banana, 1 kg or 2.2 lb
$0.82
$1.37
🍊 Oranges, 1 kg or 2.2 lb
$1.16
$2.8
🍅 Tomato, 1 kg or 2.2 lb
$1.82
$2.81
🥔 Potato, 1 kg or 2.2 lb
$1.1
$2.1
🧅 Onion, 1 kg or 2.2 lb
$1.05
$2.02
🌊 Water, 1 L or 1 qt
$0.38
$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.53
$2.59
🍾 Wine (mid-priced), 750 mL bottle
$6.06
$9.98
🍺 Beer, 0.5 L or 16 fl oz
$0.91
$1.14
🚬 Cigarette pack
$1.8
$5.88
💊 Cold medicince, 1 week
$5.95
$9.43
🧴 Hair Shampoo
$4.45
$7.05
🧻 Toilet paper, 4 rolls
$1.56
$3.43
👄 Toothpaste, 1 tube
$2.1
$3.7
Other
🏋️ Gym Membership, 1 month
$30.4
$42
🎫 Cinema Ticket, 1 person
$5.96
$6.85
👩‍⚕️ Doctor's visit
$20.1
$48.6
💇 Haircut, simple
$11.2
$13.5
👖 Brand Jeans
$53.9
$54.3
👟 Brand Sneakers
$78.4
$86.9
👶 Daycare or Preschool, 1 month
$205
$408
🏫 International Primary School, 1 year
$3513
$9581

Cost of living in other countries

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Cities near Asuncion

Distance City Cost of living
13 km or 8.3 mi San Lorenzo
$660
15 km or 9.4 mi Luque
$650
112 km or 70 mi Formosa
$354
120 km or 74 mi Coronel Oviedo
$564
163 km or 101 mi Caaguazu
$444
212 km or 132 mi Concepcion
$577
270 km or 168 mi Corrientes
$523
275 km or 171 mi Resistencia
$403
287 km or 178 mi Encarnacion
$554
288 km or 179 mi Posadas
$340
304 km or 189 mi Ciudad del Este
$580
307 km or 191 mi Foz do Iguacu
$725
326 km or 203 mi Presidencia Roque Saenz Pena
$429
348 km or 216 mi Obera
$368
361 km or 224 mi Pedro Juan Caballero
$562
363 km or 226 mi Ponta Pora
$644
407 km or 253 mi Sao Borja
$604
422 km or 262 mi Cascavel
$648
424 km or 264 mi Santa Rosa
$619
447 km or 278 mi Dourados
$661
455 km or 283 mi Goya
$431
471 km or 293 mi Reconquista
$428
472 km or 293 mi Santo Angelo
$611
498 km or 310 mi Uruguaiana
$554
504 km or 313 mi Ijui
$610
508 km or 315 mi Pato Branco
$681
539 km or 335 mi Chapeco
$607
549 km or 341 mi Campo Mourao
$525
584 km or 363 mi Carazinho
$653
586 km or 364 mi Artigas
$957
593 km or 369 mi Erechim
$636
599 km or 372 mi Concordia
$632
613 km or 381 mi Maringa
$694
614 km or 382 mi Passo Fundo
$688
616 km or 383 mi Santa Maria
$511
619 km or 385 mi Campo Grande
$716
621 km or 386 mi Guarapuava
$626
648 km or 403 mi Sao Gabriel
$565
654 km or 407 mi Apucarana
$658
655 km or 407 mi Santana do Livramento
$573

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1189
16 km or 9.9 mi Tocumen
$1171
26 km or 16 mi Pacora
$1182
34 km or 21 mi La Chorrera
$917
59 km or 37 mi Colon
$1157
108 km or 67 mi Penonome
$940
154 km or 96 mi Chitre
$980
190 km or 118 mi Santiago de Veraguas
$961
321 km or 199 mi Turbo
$624
329 km or 204 mi David
$789
398 km or 247 mi Monteria
$633
403 km or 250 mi Limon
$1147
406 km or 252 mi Santa Cruz de Lorica
$573
452 km or 281 mi Sincelejo
$536
463 km or 288 mi Cartagena
$877
483 km or 300 mi Quibdo
$649
494 km or 307 mi Cartago
$1009
513 km or 319 mi San Jose
$1169
518 km or 322 mi Heredia
$1040
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$778
529 km or 329 mi Alajuela
$1163
530 km or 329 mi Medellin
$867
534 km or 332 mi Envigado
$812
558 km or 347 mi Soledad
$851
559 km or 348 mi Barranquilla
$780
595 km or 370 mi Puntarenas
$1024
617 km or 383 mi Cartago
$639
617 km or 383 mi Cienaga
$661
623 km or 387 mi Manizales
$727
627 km or 390 mi Santa Teresa
$1114
627 km or 390 mi Pereira
$639
631 km or 392 mi Santa Marta
$705
632 km or 393 mi Buenaventura
$552
636 km or 395 mi Minca
$655
651 km or 404 mi Salento
$567
652 km or 405 mi Armenia
$551
657 km or 408 mi Tulua
$493
658 km or 409 mi Barrancabermeja
$592
675 km or 419 mi Liberia
$1220