Last update: Oct 2026

Cost of Living Comparison Between David and Asuncion

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

Jump to prices

David

🇵🇦 Panama

$882

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

Monthly Cost of Living

How much you'll spend in David 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 David and in Asuncion actually costs, broken down by who's living it.

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

David $882
Asuncion $1,075

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

David $946
Asuncion $1,684

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

David $1,011
Asuncion $2,292

David is about 18% cheaper than Asuncion, and outside of rent the biggest gap is in clothing.

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

Meal at Budget Restaurant

$5.52 PAB 5.52

$7.15 ₲40.6K

-22.80%

Three-Course Dinner for Two, Mid-Range

$37.03 PAB 37.03

$43.57 ₲247.8K

-15.01%

Fast Food Meal (McDonalds, etc)

$7.27 PAB 7.27

$7.10 ₲40.4K

2.39%

Cappuccino

$3.13 PAB 3.13

$3.51 ₲20.0K

-10.83%

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

$1.47 PAB 1.47

$1.05 ₲5,980

40.00%

Water (0.33 liter bottle)

$1.52 PAB 1.52

$0.58 ₲3,289

162.07%

Local Beer (0.5 liter draught)

$1.99 PAB 1.99

$1.89 ₲10.8K

5.29%

Imported Beer (0.33 liter bottle)

$2.72 PAB 2.72

$1.74 ₲9,906

56.32%

Milk (1 liter)

$1.73 PAB 1.73

$1.29 ₲7,321

34.11%

White Bread (500g)

$2.26 PAB 2.26

$1.50 ₲8,514

50.67%

Rice (white) (1kg)

$2.46 PAB 2.46

$1.39 ₲7,922

76.98%

Eggs

$2.41 PAB 2.41

$2.48 ₲14.1K

-2.82%

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)

$1.99 PAB 1.99

$0.92 ₲5,243

116.30%

Water (1.5 liter bottle)

$0.77 ₲4,372

Cigarettes 20 Pack (Marlboro, Camel)

$2.43 ₲13.8K

Wine (Bottle)

$10.18 PAB 10.18

$9.08 ₲51.6K

12.11%

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)

$0.76 PAB 0.76

$0.58 ₲3,315

31.03%

Public Transport Monthly Pass (Regular Price)

$37.92 ₲215.6K

Taxi Start (Normal Tariff)

$2.96 PAB 2.96

$1.54 ₲8,735

92.21%

Taxi (Normal Tariff) (1km)

$2.04 PAB 2.04

$1.62 ₲9,204

25.93%

Taxi 1hour Waiting (Normal Tariff)

$10.44 ₲59.4K

Gasoline (1 liter)

$1.07 PAB 1.07

$1.29 ₲7,320

-17.05%

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

$25.0K PAB 25.0K

$17.5K ₲99.5M

42.58%

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

$30.6K PAB 30.6K

$35.0K ₲199.2M

-12.81%

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

$184 PAB 184

$51.5 ₲293.0K

256.43%

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

$28.48 PAB 28.48

$17.68 ₲100.5K

61.09%

Internet (50+ Mbps, Unlimited Data)

$49.40 PAB 49.40

$22.35 ₲127.1K

121.03%

Gym Membership (Monthly)

$31.21 PAB 31.21

$36.60 ₲208.1K

-14.73%

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)

$6,091 PAB 6,091

$5,930 ₲33.7M

2.72%

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)

$343 PAB 343

$645 ₲3.7M

-46.76%

1-bedroom Apartment, Outside City Center (Monthly)

$354 PAB 354

$385 ₲2.2M

-8.06%

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)

$604 PAB 604

$747 ₲4.2M

-19.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.5

-33.33%

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

Last update for David: October 13, 2026

Last update for Asuncion: October 11, 2026

Monthly budget structure

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

Accommodation & Living

David

–

Asuncion

$385 35.9%

Groceries & Markets

David

–

Asuncion

$217 20.2%

Eating Out

David

–

Asuncion

$140 13%

Clothing & Footwear

David

–

Asuncion

$136 12.7%

Monthly Utilities & Internet

David

–

Asuncion

$92 8.5%

Sport & Entertainment

David

–

Asuncion

$54 5.1%

Getting Around

David

–

Asuncion

$50 4.6%

Cost Breakdown

A central one-bedroom costs $343 in David versus $645 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 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 $37.00 in David versus $44.00 in Asuncion. Monthly groceries follow the same trend: $88.0 vs $217 – making David the more affordable choice for daily food spending.

Good to know

🇵🇦 David

🇵🇾 Asuncion

🕒 Local time

06:43 6:43 AM

08:43 8:43 AM

2 h ahead of David

🌤 Weather

👥 Population

82,907

742,023 Capital

💱 Currency

Panamanian Balboa PAB B/.

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.89 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 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 18, 2026: 1 USD = 1 PAB (1 PAB = 1 USD). 1 EUR = 1.12 PAB (1 PAB = 0.89 EUR).

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).

USD to PAB in detail →

On the map

Lowest

Highest

Between locations

David Asuncion 4,610 km ≈ 6 h nonstop flight

From you

David
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

David vs Asuncion: 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 $1,323 per month in David and $1,613 in Asuncion. 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 $37.00 in David and $44.00 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 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.