Cost of living comparison
Panama City is 2.1 times more expensive than Asuncion.
If you lived in Panama City instead of Asuncion, you would:
pay 2.5 times more for restaurants
|
Asuncion
|
Panama City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.13
PYG32,336
|
$13.25
PAB13.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.58
PYG35,818
|
$8.00
PAB8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.88
PYG6,916
|
$1.86
PAB1.86
|
|
| Bottle of water (11 fl. oz) |
$0.51
PYG3,953
|
$1.41
PAB1.41
|
|
pay 2.2 times more for groceries
|
Asuncion
|
Panama City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.67
PYG5,255
|
$2.51
PAB2.51
|
|
| Local cheese (8 oz) |
$3.12
PYG24,418
|
$6.39
PAB6.39
|
|
| Milk (1 gallon) |
$3.15
PYG24,648
|
$6.80
PAB6.80
|
|
|
Eggs
1 dozen
|
$1.75
PYG13,679
|
$2.68
PAB2.68
|
|
| Boneless chicken breast (1 lb) |
$1.46
PYG11,463
|
$3.41
PAB3.41
|
|
| Apples (1 lb) |
$0.91
PYG7,153
|
$1.48
PAB1.48
|
|
| Bananas (1 lb) |
$0.32
PYG2,535
|
$0.72
PAB0.72
|
|
| Oranges (1 lb) |
$0.43
PYG3,336
|
$1.24
PAB1.24
|
|
| Tomatoes (1 lb) |
$0.73
PYG5,743
|
$1.40
PAB1.40
|
|
| Potatoes (1 lb) |
$0.49
PYG3,847
|
$0.98
PAB0.98
|
|
| Onions (1 lb) |
$0.59
PYG4,603
|
$1.15
PAB1.15
|
|
pay 31.0% more for transportation
|
Asuncion
|
Panama City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.51
PYG27,456
|
$3.69
PAB3.69
|
|
| Monthly public transit pass |
$25.43
PYG198,989
|
$25.00
PAB25.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$14,874.44
PYG116,408,377
|
$19,750.00
PAB19,750.00
|
|
| Taxi trip in downtown area (5 miles) |
$8.90
PYG69,646
|
$16.71
PAB16.71
|
|
pay 2.6 times more for housing
|
Asuncion
|
Panama City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$16.94
PYG132,549
|
$52.10
PAB52.10
|
|
| 1-Bedroom apartment in downtown area |
$425.89
PYG3,333,060
|
$1,023.81
PAB1,023.81
|
|
| 1-Bedroom apartment outside city center |
$339.02
PYG2,653,182
|
$755.88
PAB755.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$34.20
PYG267,654
|
$94.84
PAB94.84
|
|
pay 2.5 times more for childcare
|
Asuncion
|
Panama City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$179.26
PYG1,402,870
|
$439.17
PAB439.17
|
|
| Middle school for 1 child, two semesters |
$3,864.81
PYG30,246,279
|
$10,092.67
PAB10,092.67
|
|
pay 2.3 times more for entertainment and sports
|
Asuncion
|
Panama City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.33
PYG10,447
|
$3.00
PAB3.00
|
|
| Cappuccino in mid-range area |
$2.00
PYG15,636
|
$3.59
PAB3.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.27
PYG9,949
|
$5.50
PAB5.50
|
|
| Monthly membership at local gym |
$26.82
PYG209,933
|
$47.27
PAB47.27
|
|
| Movie ticket to theater/cinema |
$5.09
PYG39,798
|
$7.00
PAB7.00
|
|
pay 40.9% more for clothing
|
Asuncion
|
Panama City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$50.60
PYG395,987
|
$53.91
PAB53.91
|
|
|
Regular dress
from H&M or similar store
|
$31.53
PYG246,746
|
$37.78
PAB37.78
|
|
|
Running shoes
Nike or Adidas
|
$70.98
PYG555,510
|
$87.62
PAB87.62
|
|
| Men's business shoes (leather) |
$50.85
PYG397,977
|
$108.75
PAB108.75
|
|
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