Asuncion vs Panama City - Cost of Living Comparison

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Livingcost

Asuncion Panama City
🚶 Cost of living one person
$666
$1384
👨‍👩‍👧‍👦 Cost of living Family
$1568
$3435
🏠 One person rent
$338
$751
🏘️ Family rent
$566
$1474
🍽️ Food expenses
$209
$444
🚐 Transport expenses
$51.1
$84.4
💳 Monthly salary after tax
$426
$914
😷 Air quality
Moderate
Good
✈️ Airport proximity
13 km
7 km
🎓 Higher education
35
42
😀 Quality of life
51
66
🏙️ Population
462K
881K

The cost of living in Asuncion is 52% less expensive than in Panama City. Cities ranked 7159th and 4139th ($666 vs $1384) 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 6136th and 3919th 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
$4.64
$12.3
🥂 Dinner in a Restaurant, for 2
$19.4
$55.2
🥪 Fast food meal, equiv. McDonald's
$4.64
$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.4
$2.94
☕ Cappuccino
$2.33
$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.85
$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$359
$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$278
$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$705
$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$459
$1198
🔌 Utility Bill one person, electricity, heating, water, etc.
$26.6
$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$41.2
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$16.8
$47.4
🏦 Mortgage Interest Rate for 20 Years
9.89%
6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1279
$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$615
$1535
Transportation
🚌 Local transport ticket
$0.45
$0.35
🎟️ Monthly ticket local transport
$26.5
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$8.47
$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.94
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$0.85
$1.78
🍞 Bread, 0.5 kg or 1.1 lb
$0.57
$2.12
🍚 Rice, 1 kg or 2.2 lb
$0.66
$2.08
🥚 Eggs, x12
$1.8
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$5.99
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.17
$7.23
🥩 Round Steak, 1 kg or 2.2 lb
$5.98
$10.4
🍏 Apples, 1 kg or 2.2 lb
$2.05
$3.11
🍌 Banana, 1 kg or 2.2 lb
$0.67
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$1.13
$3.09
🍅 Tomato, 1 kg or 2.2 lb
$1.85
$2.94
🥔 Potato, 1 kg or 2.2 lb
$1.12
$2.19
🧅 Onion, 1 kg or 2.2 lb
$1.15
$2.5
🌊 Water, 1 L or 1 qt
$0.31
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.77
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$6.63
$9.03
🍺 Beer, 0.5 L or 16 fl oz
$0.8
$1.14
🚬 Cigarette pack
$1.33
$5.89
💊 Cold medicince, 1 week
$6.2
$10.5
🧴 Hair Shampoo
$4.09
$6.97
🧻 Toilet paper, 4 rolls
$1.62
$3.12
👄 Toothpaste, 1 tube
$1.96
$3.06
Other
🏋️ Gym Membership, 1 month
$25.7
$43.8
🎫 Cinema Ticket, 1 person
$5.21
$6.71
👩‍⚕️ Doctor's visit
$18
$49.1
💇 Haircut, simple
$7.17
$13.7
👖 Brand Jeans
$47
$54.3
👟 Brand Sneakers
$74.8
$90.2
👶 Daycare or Preschool, 1 month
$180
$437
🏫 International Primary School, 1 year
$3909
$9531

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
$620
15 km or 9.4 mi Luque
$604
112 km or 70 mi Formosa
$335
120 km or 74 mi Coronel Oviedo
$534
163 km or 101 mi Caaguazu
$411
212 km or 132 mi Concepcion
$541
270 km or 168 mi Corrientes
$486
275 km or 171 mi Resistencia
$379
287 km or 178 mi Encarnacion
$515
288 km or 179 mi Posadas
$314
304 km or 189 mi Ciudad del Este
$531
307 km or 191 mi Foz do Iguacu
$644
326 km or 203 mi Presidencia Roque Saenz Pena
$439
348 km or 216 mi Obera
$373
361 km or 224 mi Pedro Juan Caballero
$524
363 km or 226 mi Ponta Pora
$615
407 km or 253 mi Sao Borja
$585
422 km or 262 mi Cascavel
$600
424 km or 264 mi Santa Rosa
$596
447 km or 278 mi Dourados
$629
455 km or 283 mi Goya
$481
471 km or 293 mi Reconquista
$487
472 km or 293 mi Santo Angelo
$592
498 km or 310 mi Uruguaiana
$557
504 km or 313 mi Ijui
$593
508 km or 315 mi Pato Branco
$635
539 km or 335 mi Chapeco
$660
549 km or 341 mi Campo Mourao
$482
584 km or 363 mi Carazinho
$619
586 km or 364 mi Artigas
$881
593 km or 369 mi Erechim
$622
599 km or 372 mi Concordia
$623
613 km or 381 mi Maringa
$629
614 km or 382 mi Passo Fundo
$647
616 km or 383 mi Santa Maria
$472
619 km or 385 mi Campo Grande
$641
621 km or 386 mi Guarapuava
$534
648 km or 403 mi Sao Gabriel
$594
654 km or 407 mi Apucarana
$608
655 km or 407 mi Santana do Livramento
$561

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1249
16 km or 9.9 mi Tocumen
$1231
26 km or 16 mi Pacora
$1249
34 km or 21 mi La Chorrera
$953
59 km or 37 mi Colon
$1182
108 km or 67 mi Penonome
$1098
154 km or 96 mi Chitre
$1091
190 km or 118 mi Santiago de Veraguas
$1056
321 km or 199 mi Turbo
$634
329 km or 204 mi David
$833
398 km or 247 mi Monteria
$620
403 km or 250 mi Limon
$1201
406 km or 252 mi Santa Cruz de Lorica
$638
452 km or 281 mi Sincelejo
$506
463 km or 288 mi Cartagena
$748
483 km or 300 mi Quibdo
$661
494 km or 307 mi Cartago
$961
513 km or 319 mi San Jose
$1239
518 km or 322 mi Heredia
$1246
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$789
529 km or 329 mi Alajuela
$1233
530 km or 329 mi Medellin
$873
534 km or 332 mi Envigado
$871
558 km or 347 mi Soledad
$840
559 km or 348 mi Barranquilla
$789
595 km or 370 mi Puntarenas
$1277
617 km or 383 mi Cartago
$619
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1310
627 km or 390 mi Pereira
$641
631 km or 392 mi Santa Marta
$979
632 km or 393 mi Buenaventura
$718
636 km or 395 mi Minca
$863
651 km or 404 mi Salento
$562
652 km or 405 mi Armenia
$541
657 km or 408 mi Tulua
$477
658 km or 409 mi Barrancabermeja
$573
675 km or 419 mi Liberia
$898