Which place is cheaper, Panama City or Asuncion?
These are the overall average travel costs for the two destinations. These travel costs come from the actual spending of real travelers.
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Should you visit Asuncion or Panama City?
Which is cheaper to visit? Which is more expensive for vacation?
If you're trying to decide where to visit between Asuncion or Panama City, this travel comparison, which includes costs, can help. The overall cost of travel is usually a consideration when deciding where to go next, and the cost comparison down below can help you decide based on the average prices from other travelers along with your own travel budget.
Where Should I go: Asuncion or Panama City?
Asuncion
Asuncion is a vastly underrated city. It is the capital but also the administrative economic and cultural center of Paraguay. It is located in the south central part of the country, near the border with Argentina and it is one of the oldest cities in South America, with people living here since almost 500 years. The city has a beautiful and simple center, with a few unique colonial and beaux arts buildings, international cuisine, shady plazas and friendly people. Its handful of historic buildings around the Plaza de los Heroes, Plaza Uruguaya and Manzana de la Ribera, two or three small museums, old bars and cafes, but also smart suburbs, ritzy shopping malls and fashionable nightclubs will keep you entertained for a day or two. It is a very charming city for travellers and apart from the sights, the city boasts a good tourist infrastructure with hotels and restaurants.
Panama City
Panama City is the cosmopolitan capital city of the country of Panama. With a population of almost 900,000 and almost 1.5 million in the metropolitan area, it's a very diverse city with expat residents from all over the world. You don't have to search far to find someone who speaks English, and many Panamanians are quite helpful and friendly.
For some great organized tour ideas, see The Best Budget Tours to Panama, and The Best One-Week (7-Day) Tours from Panama City.
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Asuncion Prices
Paraguay PricesPanama City Prices
Panama Prices -
Average Daily Cost Per person, per dayAsuncion $98Panama City $101
The average daily cost (per person) in Asuncion is $98, while the average daily cost in Panama City is $101. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Asuncion and Panama City in more detail.
Accommodation
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Accommodation Hotel or hostel for one personAsuncion $27Panama City $35
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Accommodation Typical double-occupancy roomAsuncion $54Panama City $70
Compare Hotels in Asuncion and Panama City
Looking for a hotel in Asuncion or Panama City? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Asuncion Hotel Prices and Panama City Hotel Prices.
Local Transportation
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Local Transportation Taxis, local buses, subway, etc.Asuncion $11Panama City $11
Hired Cars and Shuttles in Asuncion
Also for Asuncion, here are a few examples of actual transportation services:
- Roundtrip Private Transfer from Asuncion Airport (ASU): $50
- Silvio Pettirossi Airport to Asuncion Transfers: $50
- Private Transfer to Asuncion Airport (ASU): $26
- Private Transfer from Asuncion Airport (ASU): $26
Hired Cars and Shuttles in Panama City
Also for Panama City, here are a few examples of actual transportation services:
- VIP Transfer Panama: Playa Bonita, Panama City & Pacific Riviera: $20
- Travel in Comfort Airport Transfer Pty: $30
- Transfers to Riu Playa Blanca, The Buenaventura Golf, Rio hato: $45
- Transfers from PTY Airport to Playa Bonita or Gamboa and Back: $27
- Transfer to Panama City, Hotel and City tour - 1 night: $266
- Transfer from Tocumen Airport to hotels in Gamboa or Viceversa: $30
- Transfer from Tocumen Airport to Playa Blanca Hotels: $85
- Transfer from Tocumen Airport to Colon Cruise Port: $160
- Transfer from Playa Bonita or Gamboa to PTY Airport: $35
- Transfer Tocumen Airport to Hotel Westin or Dreams Playa Bonita: $55
- Transfer Tocumen Airport (PTY) to Playa Bonita (Westin and Dreams): $38
- Transfer Panama City to Amador Cruise Port: $35
Is it cheaper to fly into Asuncion or Panama City?
Prices for flights to both Panama City and Asuncion change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.
Food
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Food Meals for one dayAsuncion $36Panama City $36
Typical Food Prices in Panama City
Here are some examples of typical meal expenses from previous travelers to Panama City:
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Sandwich$8.24
Food Tours and Cooking Classes in Panama City
For Panama City, here are some samples of tours and activities related to meals and dining experiences:
- Panamanian Ravioli Masterclass + Dinner in Panama City center: $55
- 3.5 -hour Afropanamanian Cooking Experience in Panama: $70
- E-Tickets Emotions Dinner Live Show Admission: $75
- Street Food Tour Panama City (28+ tastings) By Paradox Experience: $95
- 4h Cooking Class in 10 Recipes & Bottomless Drinks: $95
- Embera Village Cooking Class Experience in Chagres National Park: $125
- The Real Panamanian Private Food Tour through Panama City: $245
Entertainment
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Entertainment Entrance tickets, shows, etc.Asuncion $20Panama City $66
Tours and Activities in Asuncion
For Asuncion, here are a few prices for actual activities, tours, and tickets provided by various companies:
- Asunción Private Walking Tour with a Local: $35
- Asuncion : Custom Walking Tour with A Guide (Private Tour): $37
- Asuncion Birding Tour: $100
- Asuncion Highlights Walking Tour with a Guide: $30
- Asuncion Walking Tour: Explore Top Sights & Hidden Gems: $30
- Birding and Nature Chaco Tour: $160
- Cultural City 3 Hour Tour in Asuncion by Bus: $180
- Day Tour “Cerrito”: $231
- Day tour “Pai Pukú”: $230
- Full Day Fishing Tour: $300
- Full day Paraguay River Nature and Wildlife Boat Tour: $230
- Paraguay River Nature and Wildlife Boat Tour from Asunción: $180
Tours and Activities in Panama City
Also, here are some specific examples of entertainment, tickets, and activities for Panama City.
- #1 Walking Tour of Casco Viejo Panama with Lunch included: $70
- "Bridge of the Americas Stand-Up Paddle Private 2 hours Tour ": $100
- 1- or 2-Night Experience in San Blas Islands: $260
- 2 Hours Private Luxury Tour in a Convertible Car in Panama City: $255
- 3 1/2 Hour Experience of Lake Gatun in Panama: $95
- 3 Hours Private Walking Tour in Casco Antiguo Panama City: $45
- 4 Hours Private Tour in Panama City Highlights: $70
- 4-hour tour in Panama: $105
- 5 Hours Private Panama City Tour: $200
- 5-Hour Tour of Panama City, Panama from Tocumen Airport: $130
- 5hour tour of Panama City and Panama Canal - Shared or Private: $65
- 5hrs Panama City and Canal Tour + Amenities: $55
Alcohol
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Alcohol Drinks for one dayAsuncion $13Panama City $18
Typical Alcohol Prices in Asuncion
Some typical examples of the costs for nightlife and alcohol in Asuncion are as follows:
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Beer$1.49
When comparing the travel costs between Asuncion and Panama City, we can see that Panama City is more expensive. However, the two cities are actually relatively comparable in price, as the difference is somewhat minimal. Generally, this means that you could travel with generally the same travel style and level of luxury in each place. Even though Asuncion is in South America and Panama City is in Central America, both of these destinations have relatively similar prices of travel. Generally, the levels of luxury and expenses are the same for these cities even though they are geographically far apart.
If you're trying to decide if either of these two destinations are within your price range, also see Is Asuncion Expensive? and Is Panama City Expensive?.
Which is Bigger, Asuncion or Panama City?
Asuncion has a larger population, and is about 4 times larger than the population of Panama City. When comparing the sizes of Asuncion and Panama City, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.
Budget Your Trip is all about finding out how much everything costs so that you can travel cheaper and longer. Created by avid travelers Laurie and Bryan, our goal is to help you plan your next trip on the right budget. With average daily travel costs that are calculated from the budgets of real travelers, plus an analysis of hotel and tour prices, you can find out how much money you need to plan your next adventure. We also have plenty of travel advice, accommodation reviews, and activity suggestions.