Last update: Oct 2026

Cost of Living Comparison Between Asuncion and David

For one person, living is cheaper in David: $882 a month against $1,075 in Asuncion, rent and utilities included – about $2,300 less a year. The total is higher in Asuncion despite lower rent and utilities.

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Cost of Living Index in Asuncion
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Asuncion Living Index

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Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

David

🇵🇦 Panama

$882

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in David

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Asuncion and in David actually costs, broken down by who's living it.

A single person spends $1,075 per month in Asuncion vs $882 in David, rent included.

Asuncion $1,075
David $882

A couple spends around $1,684 per month in Asuncion vs $946 in David, rent included.

Asuncion $1,684
David $946

A family of three spends $2,292 per month in Asuncion vs $1,011 in David, rent included.

Asuncion $2,292
David $1,011

Asuncion costs about 22% more than David, and outside of rent the biggest gap is in clothing.

Both Asuncion and David are more affordable than the global median – Asuncion 20% lower, David 35% lower.

Meal at Budget Restaurant

$7.15 ₲40.6K

$5.52 PAB 5.52

29.53%

Three-Course Dinner for Two, Mid-Range

$43.57 ₲247.8K

$37.03 PAB 37.03

17.66%

Fast Food Meal (McDonalds, etc)

$7.10 ₲40.4K

$7.27 PAB 7.27

-2.34%

Cappuccino

$3.51 ₲20.0K

$3.13 PAB 3.13

12.14%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.05 ₲5,980

$1.47 PAB 1.47

-28.57%

Water (0.33 liter bottle)

$0.58 ₲3,289

$1.52 PAB 1.52

-61.84%

Local Beer (0.5 liter draught)

$1.89 ₲10.8K

$1.99 PAB 1.99

-5.03%

Imported Beer (0.33 liter bottle)

$1.74 ₲9,906

$2.72 PAB 2.72

-36.03%

Milk (1 liter)

$1.29 ₲7,321

$1.73 PAB 1.73

-25.43%

White Bread (500g)

$1.50 ₲8,514

$2.26 PAB 2.26

-33.63%

Rice (white) (1kg)

$1.39 ₲7,922

$2.46 PAB 2.46

-43.50%

Eggs

$2.48 ₲14.1K

$2.41 PAB 2.41

2.90%

Local Cheese (1kg)

$9.74 ₲55.4K

Chicken Fillets (1kg)

$5.19 ₲29.5K

Beef Round Steak (1kg)

$10.07 ₲57.2K

Apples (1kg)

$2.99 ₲17.0K

Banana (1kg)

$1.32 ₲7,493

Oranges (1kg)

$1.19 ₲6,742

Tomato (1kg)

$2.47 ₲14.1K

Potato (1kg)

$1.40 ₲7,984

Onion (1kg)

$1.33 ₲7,562

Lettuce (1 head)

$0.92 ₲5,243

$1.99 PAB 1.99

-53.77%

Water (1.5 liter bottle)

$0.77 ₲4,372

Cigarettes 20 Pack (Marlboro, Camel)

$2.43 ₲13.8K

Wine (Bottle)

$9.08 ₲51.6K

$10.18 PAB 10.18

-10.81%

Local Beer (0.5 liter bottle)

$1.42 ₲8,064

Imported Beer (0.33 liter bottle)

$1.79 ₲10.2K

One-way Ticket (Public Transport)

$0.58 ₲3,315

$0.76 PAB 0.76

-23.68%

Public Transport Monthly Pass (Regular Price)

$37.92 ₲215.6K

Taxi Start (Normal Tariff)

$1.54 ₲8,735

$2.96 PAB 2.96

-47.97%

Taxi (Normal Tariff) (1km)

$1.62 ₲9,204

$2.04 PAB 2.04

-20.59%

Taxi 1hour Waiting (Normal Tariff)

$10.44 ₲59.4K

Gasoline (1 liter)

$1.29 ₲7,320

$1.07 PAB 1.07

20.56%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$17.5K ₲99.5M

$25.0K PAB 25.0K

-29.87%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$35.0K ₲199.2M

$30.6K PAB 30.6K

14.69%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$51.5 ₲293.0K

$184 PAB 184

-71.94%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.68 ₲100.5K

$28.48 PAB 28.48

-37.92%

Internet (50+ Mbps, Unlimited Data)

$22.35 ₲127.1K

$49.40 PAB 49.40

-54.76%

Gym Membership (Monthly)

$36.60 ₲208.1K

$31.21 PAB 31.21

17.27%

Tennis Court (1 Hour on Weekend)

$15.33 ₲87.2K

Cinema Ticket

$8.89 ₲50.6K

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$190 ₲1.1M

International Primary School, 1 Child (Yearly)

$5,930 ₲33.7M

$6,091 PAB 6,091

-2.65%

Jeans (Levis 501 Or Similar)

$64.7 ₲368.0K

Summer Dress (H&M, Zara, etc)

$57.9 ₲329.4K

Sport Shoes (Adidas, Nike)

$107 ₲610.0K

Men's Leather Business Shoes

$73.3 ₲416.8K

1-bedroom Apartment, City Center (Monthly)

$645 ₲3.7M

$343 PAB 343

87.83%

1-bedroom Apartment, Outside City Center (Monthly)

$385 ₲2.2M

$354 PAB 354

8.77%

3-bedroom Apartment, City Center (Monthly)

$1,061 ₲6.0M

3-bedroom Apartment, Outside City Center (Monthly)

$654 ₲3.7M

Buy Apartment in City Center (m2)

$1,715 ₲9.8M

Buy Apartment Outside City Center (m2)

$1,205 ₲6.9M

Average Monthly Net Salary (After Tax)

$747 ₲4.2M

$604 PAB 604

23.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.5

50.00%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Asuncion: October 11, 2026

Last update for David: October 13, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Asuncion

$385 35.9%

David

–

Groceries & Markets

Asuncion

$217 20.2%

David

–

Eating Out

Asuncion

$140 13%

David

–

Clothing & Footwear

Asuncion

$136 12.7%

David

–

Monthly Utilities & Internet

Asuncion

$92 8.5%

David

–

Sport & Entertainment

Asuncion

$54 5.1%

David

–

Getting Around

Asuncion

$50 4.6%

David

–

Cost Breakdown

A central one-bedroom costs $645 in Asuncion versus $343 in David. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 24% higher in Asuncion, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $44.00 in Asuncion versus $37.00 in David. Monthly groceries follow the same trend: $217 vs $88.0 – making David the more affordable choice for daily food spending.

Good to know

🇵🇾 Asuncion

🇵🇦 David

🕒 Local time

10:05 10:05 AM

08:05 8:05 AM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

82,907

💱 Currency

Paraguayan Guarani PYG ₲

Panamanian Balboa PAB B/.

📈 Exchange rate

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 EUR

1 PAB = 1 USD

1 PAB = 0.89 EUR

Exchange rates and currency converter

PAB, USD, EUR to PYG – Paraguayan Guarani Converter

🇺🇸 United States Dollar ($)

🇵🇾 Paraguayan Guarani (₲)

Paraguayan Guarani exchange rates as of October 18, 2026: 1 USD = 5,686 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,393 PYG (10,000 PYG = 1.56 EUR).

Panamanian Balboa exchange rates as of October 18, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

USD to PYG in detail →

On the map

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Highest

Between locations

Asuncion David 4,610 km ≈ 6 h nonstop flight

From you

Asuncion
David

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Asuncion vs David: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 22%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $1,613 per month in Asuncion and $1,323 in David. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in David, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 148% more in Asuncion, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $44.00 in Asuncion and $37.00 in David. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,500 monthly budget goes further in David, where all-in costs run around $882, than in Asuncion at $1,075. In David it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.

Families tend to lean toward David – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with David. If higher salaries, better infrastructure, or specific career opportunities are the priority, Asuncion makes more sense. Both are solid long-term options with distinct trade-offs.