Asuncion vs Panama City - Cost of Living Comparison

Asuncion Panama City
🚶 Cost of living one person
$629
$1272
👨‍👩‍👧‍👦 Cost of living Family
$1529
$3008
🏠 One person rent
$305
$670
🏘️ Family rent
$571
$1127
🍽️ Food expenses
$200
$403
🚐 Transport expenses
$54.9
$92.5
💳 Monthly salary after tax
$350
$861
😷 Air quality
Moderate
Good
✈️ Airport proximity
14 km
7 km
🎓 Higher education
38
42
😀 Quality of life
55
68
🏙️ Population
524K
881K

The cost of living in Asuncion is 51% less expensive than in Panama City. Cities ranked 7416th and 3973rd ($629 vs $1272) 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 5894th and 3652nd among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Asuncion vs Panama City infographic

Share this infographic!

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
$4.52
$10.2
🥂 Dinner in a Restaurant, for 2
$17.4
$43.3
🥪 Fast food meal, equiv. McDonald's
$4.5
$7.51
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.6
$2.84
☕ Cappuccino
$2.65
$4.56
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.88
$1.62
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$386
$793
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$225
$487
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$612
$1412
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$482
$856
🔌 Utility Bill one person, electricity, heating, water, etc.
$28.6
$71.3
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$44.1
$110
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$18.7
$50.1
🏦 Mortgage Interest Rate for 20 Years
10.15%
5.99%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1344
$2301
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$874
$1357
Transportation
🚌 Local transport ticket
$0.49
$0.35
🎟️ Monthly ticket local transport
$23.2
$34.1
🚕 Taxi Ride, 8 km or 5 mi
$8.9
$13.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.15
$1.2
Groceries
🥛 Milk, 1 L or 1 qt
$0.84
$1.67
🍞 Bread, 0.5 kg or 1.1 lb
$0.6
$1.91
🍚 Rice, 1 kg or 2.2 lb
$0.71
$1.67
🥚 Eggs, x12
$1.85
$2.45
🧀 Cheese, 1 kg or 2.2 lb
$5.78
$11.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.49
$7.11
🥩 Round Steak, 1 kg or 2.2 lb
$6.35
$8.34
🍏 Apples, 1 kg or 2.2 lb
$1.86
$3.2
🍌 Banana, 1 kg or 2.2 lb
$0.95
$1.17
🍊 Oranges, 1 kg or 2.2 lb
$1.29
$2.98
🍅 Tomato, 1 kg or 2.2 lb
$1.49
$2.73
🥔 Potato, 1 kg or 2.2 lb
$0.99
$1.84
🧅 Onion, 1 kg or 2.2 lb
$0.71
$1.85
🌊 Water, 1 L or 1 qt
$0.4
$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.56
$2.44
🍾 Wine (mid-priced), 750 mL bottle
$5.55
$10.9
🍺 Beer, 0.5 L or 16 fl oz
$1.02
$1.55
🚬 Cigarette pack
$1.57
$5.94
💊 Cold medicince, 1 week
$4.36
$8.08
🧴 Hair Shampoo
$3.37
$6.94
🧻 Toilet paper, 4 rolls
$1.57
$3.78
👄 Toothpaste, 1 tube
$1.77
$3.66
Other
🏋️ Gym Membership, 1 month
$27.5
$39.6
🎫 Cinema Ticket, 1 person
$5.9
$6.2
👩‍⚕️ Doctor's visit
$15
$67.5
💇 Haircut, simple
$7.92
$15.9
👖 Brand Jeans
$43.2
$49.2
👟 Brand Sneakers
$77.4
$76.4
👶 Daycare or Preschool, 1 month
$151
$426
🏫 International Primary School, 1 year
$2154
$10288

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Asuncion

Distance City Cost of living
13 km or 8.3 mi San Lorenzo
$547
15 km or 9.4 mi Luque
$468
112 km or 70 mi Formosa
$317
120 km or 74 mi Coronel Oviedo
$558
163 km or 101 mi Caaguazu
$435
212 km or 132 mi Concepcion
$525
270 km or 168 mi Corrientes
$658
275 km or 171 mi Resistencia
$567
287 km or 178 mi Encarnacion
$529
288 km or 179 mi Posadas
$532
304 km or 189 mi Ciudad del Este
$611
307 km or 191 mi Foz do Iguacu
$693
326 km or 203 mi Presidencia Roque Saenz Pena
$549
348 km or 216 mi Obera
$548
361 km or 224 mi Pedro Juan Caballero
$528
363 km or 226 mi Ponta Pora
$562
407 km or 253 mi Sao Borja
$563
422 km or 262 mi Cascavel
$532
424 km or 264 mi Santa Rosa
$563
447 km or 278 mi Dourados
$597
455 km or 283 mi Goya
$549
471 km or 293 mi Reconquista
$549
472 km or 293 mi Santo Angelo
$564
498 km or 310 mi Uruguaiana
$565
504 km or 313 mi Ijui
$513
508 km or 315 mi Pato Branco
$685
539 km or 335 mi Chapeco
$552
549 km or 341 mi Campo Mourao
$475
584 km or 363 mi Carazinho
$562
586 km or 364 mi Artigas
$842
593 km or 369 mi Erechim
$499
599 km or 372 mi Concordia
$595
613 km or 381 mi Maringa
$585
614 km or 382 mi Passo Fundo
$521
616 km or 383 mi Santa Maria
$479
619 km or 385 mi Campo Grande
$645
621 km or 386 mi Guarapuava
$546
648 km or 403 mi Sao Gabriel
$563
654 km or 407 mi Apucarana
$563
655 km or 407 mi Santana do Livramento
$563

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$943
16 km or 9.9 mi Tocumen
$920
26 km or 16 mi Pacora
$944
34 km or 21 mi La Chorrera
$931
59 km or 37 mi Colon
$976
108 km or 67 mi Penonome
$865
154 km or 96 mi Chitre
$940
190 km or 118 mi Santiago de Veraguas
$943
321 km or 199 mi Turbo
$425
329 km or 204 mi David
$776
398 km or 247 mi Monteria
$463
403 km or 250 mi Limon
$985
406 km or 252 mi Santa Cruz de Lorica
$420
452 km or 281 mi Sincelejo
$416
463 km or 288 mi Cartagena
$771
483 km or 300 mi Quibdo
$407
494 km or 307 mi Cartago
$966
513 km or 319 mi San Jose
$1077
518 km or 322 mi Heredia
$850
521 km or 324 mi Magangue
$418
526 km or 327 mi Bello
$385
529 km or 329 mi Alajuela
$959
530 km or 329 mi Medellin
$662
534 km or 332 mi Envigado
$479
558 km or 347 mi Soledad
$432
559 km or 348 mi Barranquilla
$595
595 km or 370 mi Puntarenas
$854
617 km or 383 mi Cartago
$382
617 km or 383 mi Cienaga
$420
623 km or 387 mi Manizales
$519
627 km or 390 mi Santa Teresa
$986
627 km or 390 mi Pereira
$415
631 km or 392 mi Santa Marta
$572
632 km or 393 mi Buenaventura
$420
636 km or 395 mi Minca
$419
651 km or 404 mi Salento
$421
652 km or 405 mi Armenia
$396
657 km or 408 mi Tulua
$372
658 km or 409 mi Barrancabermeja
$408
675 km or 419 mi Liberia
$803