Last update: Oct 2026

Cost of Living Comparison Between Boquete and Asuncion

For one person, living is cheaper in Asuncion: $1,049 a month against $1,473 in Boquete, rent and utilities included – about $5,100 less a year. Rent and utilities account for most of the difference.

70

Cost of Living Index in Boquete
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Boquete Living Index
51

Cost of Living Index in Asuncion
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Asuncion Living Index

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Boquete

🇵🇦 Panama

$1,473

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,049

/mo nomad

Monthly Cost of Living

How much you'll spend in Boquete and in Asuncion

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

A single person spends $1,473 per month in Boquete vs $1,049 in Asuncion, rent included.

Boquete $1,473
Asuncion $1,049

A couple spends around $2,266 per month in Boquete vs $1,635 in Asuncion, rent included.

Boquete $2,266
Asuncion $1,635

A family of three spends $3,059 per month in Boquete vs $2,221 in Asuncion, rent included.

Boquete $3,059
Asuncion $2,221

Boquete costs about 40% more than Asuncion, and outside of rent the biggest gap is in clothing.

Boquete sits 10% above the global median, while Asuncion is 22% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.46 PAB 6.46

$6.66 ₲37.8K

-3.00%

Three-Course Dinner for Two, Mid-Range

$39.90 PAB 39.90

$43.46 ₲246.7K

-8.19%

Fast Food Meal (McDonalds, etc)

$7.58 PAB 7.58

$6.63 ₲37.6K

14.33%

Cappuccino

$3.88 PAB 3.88

$3.44 ₲19.5K

12.79%

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

$1.34 PAB 1.34

$1.07 ₲6,047

25.23%

Water (0.33 liter bottle)

$1.21 PAB 1.21

$0.58 ₲3,299

108.62%

Local Beer (0.5 liter draught)

$2.26 PAB 2.26

$1.85 ₲10.5K

22.16%

Imported Beer (0.33 liter bottle)

$5.08 PAB 5.08

$1.70 ₲9,643

198.82%

Milk (1 liter)

$1.79 PAB 1.79

$1.25 ₲7,087

43.20%

White Bread (500g)

$2.08 PAB 2.08

$1.49 ₲8,448

39.60%

Rice (white) (1kg)

$2.14 PAB 2.14

$1.35 ₲7,645

58.52%

Eggs

$2.54 PAB 2.54

$2.32 ₲13.2K

9.48%

Local Cheese (1kg)

$9.20 PAB 9.20

$9.85 ₲55.9K

-6.60%

Chicken Fillets (1kg)

$7.77 PAB 7.77

$5.20 ₲29.5K

49.42%

Beef Round Steak (1kg)

$15.16 PAB 15.16

$9.91 ₲56.3K

52.98%

Apples (1kg)

$4.39 PAB 4.39

$2.99 ₲17.0K

46.82%

Banana (1kg)

$0.97 PAB 0.97

$1.23 ₲6,961

-21.14%

Oranges (1kg)

$4.49 PAB 4.49

$1.21 ₲6,866

271.07%

Tomato (1kg)

$2.27 PAB 2.27

$2.45 ₲13.9K

-7.35%

Potato (1kg)

$2.17 PAB 2.17

$1.30 ₲7,405

66.92%

Onion (1kg)

$2.16 PAB 2.16

$1.34 ₲7,583

61.19%

Lettuce (1 head)

$2.22 PAB 2.22

$0.84 ₲4,746

164.29%

Water (1.5 liter bottle)

$1.63 PAB 1.63

$0.69 ₲3,926

136.23%

Cigarettes 20 Pack (Marlboro, Camel)

$5.09 PAB 5.09

$2.24 ₲12.7K

127.23%

Wine (Bottle)

$7.96 PAB 7.96

$9.02 ₲51.2K

-11.75%

Local Beer (0.5 liter bottle)

$1.15 PAB 1.15

$1.33 ₲7,537

-13.53%

Imported Beer (0.33 liter bottle)

$2.64 PAB 2.64

$1.68 ₲9,516

57.14%

One-way Ticket (Public Transport)

$1.39 PAB 1.39

$0.57 ₲3,213

143.86%

Public Transport Monthly Pass (Regular Price)

$25.47 PAB 25.47

$38.02 ₲215.8K

-33.01%

Taxi Start (Normal Tariff)

$1.01 PAB 1.01

$1.45 ₲8,222

-30.34%

Taxi (Normal Tariff) (1km)

$1.95 PAB 1.95

$1.57 ₲8,936

24.20%

Taxi 1hour Waiting (Normal Tariff)

$29.64 PAB 29.64

$10.04 ₲57.0K

195.22%

Gasoline (1 liter)

$1.18 PAB 1.18

$1.21 ₲6,842

-2.48%

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

$25.1K PAB 25.1K

$16.9K ₲96.1M

47.99%

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

$22.2K PAB 22.2K

$35.3K ₲200.5M

-37.20%

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

$58.7 PAB 58.7

$50.1 ₲284.3K

17.21%

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

$26.10 PAB 26.10

$16.94 ₲96.2K

54.07%

Internet (50+ Mbps, Unlimited Data)

$43.09 PAB 43.09

$21.75 ₲123.5K

98.11%

Gym Membership (Monthly)

$81.3 PAB 81.3

$36.50 ₲207.2K

122.66%

Tennis Court (1 Hour on Weekend)

$17.41 PAB 17.41

$14.89 ₲84.5K

16.92%

Cinema Ticket

$6.53 PAB 6.53

$8.59 ₲48.8K

-23.98%

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

$184 ₲1.0M

International Primary School, 1 Child (Yearly)

$6,039 PAB 6,039

$5,873 ₲33.3M

2.83%

Jeans (Levis 501 Or Similar)

$24.55 PAB 24.55

$62.4 ₲354.4K

-60.68%

Summer Dress (H&M, Zara, etc)

$25.25 PAB 25.25

$55.4 ₲314.2K

-54.39%

Sport Shoes (Adidas, Nike)

$44.67 PAB 44.67

$104 ₲592.2K

-57.18%

Men's Leather Business Shoes

$69.2 ₲392.6K

1-bedroom Apartment, City Center (Monthly)

$841 PAB 841

$620 ₲3.5M

35.59%

1-bedroom Apartment, Outside City Center (Monthly)

$701 PAB 701

$373 ₲2.1M

87.76%

3-bedroom Apartment, City Center (Monthly)

$1,562 PAB 1,562

$1,050 ₲6.0M

48.82%

3-bedroom Apartment, Outside City Center (Monthly)

$1,309 PAB 1,309

$624 ₲3.5M

109.64%

Buy Apartment in City Center (m2)

$1,163 PAB 1,163

$1,716 ₲9.7M

-32.21%

Buy Apartment Outside City Center (m2)

$1,151 PAB 1,151

$1,242 ₲7.0M

-7.30%

Average Monthly Net Salary (After Tax)

$799 PAB 799

$723 ₲4.1M

10.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.5

10.15

-35.96%

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

Last update for Boquete: October 5, 2026

Last update for Asuncion: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Boquete

$701 48.2%

Asuncion

$373 35.8% 46.7% $327

Groceries & Markets

Boquete

$293 20.2%

Asuncion

$213 20.4% 27.2% $80

Eating Out

Boquete

$153 10.5%

Asuncion

$134 12.8% 12.5% $19

Monthly Utilities & Internet

Boquete

$128 8.8%

Asuncion

$89 8.5% 30.6% $39

Sport & Entertainment

Boquete

$94 6.5%

Asuncion

$54 5.2% 43.1% $41

Clothing & Footwear

Boquete

$43 * 2.9%

Asuncion

$131 12.6% 208% $89

Getting Around

Boquete

$42 2.9%

Asuncion

$50 4.8% 18.7% $7.8

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $841 in Boquete versus $620 in Asuncion. 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 11% higher in Boquete, 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 $40.00 in Boquete versus $43.00 in Asuncion. Groceries tell a different story – $293 in Boquete vs $213 in Asuncion – so Asuncion wins on supermarket bills even if dining out costs more.

Good to know

🇵🇦 Boquete

🇵🇾 Asuncion

🕒 Local time

00:33 12:33 AM

02:33 2:33 AM

2 h ahead of Boquete

🌤 Weather

👥 Population

7,000

742,023 Capital

💱 Currency

Panamanian Balboa PAB B/.

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.892 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.57 EUR

Exchange rates and currency converter

PYG, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

Panamanian Balboa exchange rates as of October 10, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.892 EUR).

Paraguayan Guarani exchange rates as of October 10, 2026: 1 USD = 5,676 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,366 PYG (10,000 PYG = 1.57 EUR).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

Boquete Asuncion 4,640 km ≈ 6 h nonstop flight

From you

Boquete
Asuncion

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

Boquete vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Boquete is pricier by about 40%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $2,210 per month in Boquete and $1,574 in Asuncion. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $1,473 in Boquete and $1,049 in Asuncion. That's a gap of about 40%.

A mid-range dinner for two costs $40.00 in Boquete and $43.00 in Asuncion. 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 Asuncion, where all-in costs run around $1,049, than in Boquete at $1,473. In Asuncion it covers expenses comfortably, while in Boquete it requires careful planning or may not stretch far enough.

Families tend to lean toward Asuncion – 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 Asuncion. If higher salaries, better infrastructure, or specific career opportunities are the priority, Boquete makes more sense. Both are solid long-term options with distinct trade-offs.