Moving to Paraguay from Panama
What to Expect
Considering a move from Panama to Paraguay? Here's how the two compare on cost, climate, safety, and more.
If you moved from Panama to Paraguay, you would find that Paraguay is 41.4% cheaper than Panama overall. A PAB75,000 salary in Panama would need to be roughly PYG253,248,112 in Paraguay to maintain the same lifestyle. Expect a noticeable climate shift — Asuncion averages 83°F vs 93°F in Panama City, making it significantly cooler.
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A breakdown of how everyday costs differ between Panama and Paraguay.
What does your salary buy?
PAB75,000 → PYG253,248,112
To maintain the same standard of living in Paraguay
Calculate with your salary →How key spending categories compare
Restaurants
pay 46.3% less
Groceries
pay 50.0% less
Transportation
pay 21.0% less
Housing
pay 58.9% less
Childcare
pay 67.7% less
Entertainment and Sports
pay 42.7% less
Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.
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Key Indicator Comparison
The numbers behind daily life in Paraguay compared to Panama.
Is it safe?
per 100,000 people per year
of residents who feel safe walking alone at night
per 100,000 people per year
Paraguay generally does better on safety, though Panama leads in road traffic deaths.
How's the healthcare?
annual government + private spending per person
affects wait times and access to care
WHO index from 0–100 measuring essential service access
share of adults with obesity
per 100,000 people — a proxy for mental health support
Paraguay generally does better on health & wellbeing, though Panama leads in health coverage index.
What about the environment?
deaths attributable to air pollution per 100k people
tonnes of CO₂ emitted per person per year
Panama generally does better on environment, though Paraguay leads in co₂ emissions per capita.
Will I have good infrastructure?
fixed broadband subscriptions — key for remote work
higher means greater strain on freshwater supply
annual consumption — reflects grid capacity
share of households with internet
Panama generally does better on infrastructure, though Paraguay leads in internet access.
What are the job prospects?
percentage of the labour force without work
a broad measure of economic output per person
share of people below the poverty line
Panama generally does better on employment & economy, though Paraguay leads in unemployment rate.
Is it good for families?
average years of life at birth
deaths per 1,000 live births — lower is better
government spending on education as % of GDP
percentage of adults who can read and write
Panama generally does better on family life, though Paraguay leads in life expectancy.
Data: The World Factbook, United Nations SDG Indicators, World Bank
What's the Climate Like?
Monthly averages — select a city to compare.
Avg. annual high / low
Avg. annual high / low
| Months | Panama City | Asuncion |
|---|---|---|
| Jan–Mar | 94°/65°F (34°/18°C) | 91°/72°F (33°/22°C) |
| Apr–Jun | 94°/69°F (35°/21°C) | 78°/61°F (26°/16°C) |
| Jul–Sep | 92°/70°F (34°/21°C) | 77°/58°F (25°/14°C) |
| Oct–Dec | 91°/68°F (33°/20°C) | 87°/68°F (31°/20°C) |
View all months
| Month | Panama City | Asuncion |
|---|---|---|
| Jan | 92°/65°F (33.4°/18.5°C) | 92°/73°F (33.5°/22.8°C) |
| Feb | 94°/65°F (34.2°/18.4°C) | 91°/72°F (32.6°/22.3°C) |
| Mar | 95°/65°F (34.8°/18.4°C) | 89°/70°F (31.6°/21.3°C) |
| Apr | 96°/67°F (35.4°/19.5°C) | 83°/65°F (28.4°/18.6°C) |
| May | 94°/70°F (34.5°/21.1°C) | 77°/60°F (25.0°/15.7°C) |
| Jun | 93°/70°F (33.8°/21.3°C) | 74°/57°F (23.1°/13.8°C) |
| Jul | 93°/70°F (33.9°/21.0°C) | 74°/56°F (23.2°/13.1°C) |
| Aug | 93°/70°F (33.9°/20.9°C) | 77°/58°F (24.8°/14.3°C) |
| Sep | 91°/70°F (32.9°/21.0°C) | 80°/61°F (26.4°/15.9°C) |
| Oct | 91°/69°F (32.6°/20.8°C) | 85°/65°F (29.2°/18.6°C) |
| Nov | 91°/69°F (32.9°/20.3°C) | 87°/68°F (30.7°/20.1°C) |
| Dec | 92°/67°F (33.3°/19.2°C) | 90°/71°F (32.3°/21.8°C) |
Data:
IMHPA - Instituto de Meteorología e Hidrología de Panamá,
Dirección de Meteorología e Hidrología (DMH)
Visitor Visa Requirements
Short-stay tourist visa rules between Panama and Paraguay. To live, work, or study long-term in Paraguay, you'll need a separate residence or work visa — check Paraguay's immigration authority.
Panama passport holder visiting Paraguay
Visa Free
Paraguay passport holder visiting Panama
Visa FreeData: Henley Passport Index. Check with the destination country's embassy for the most current requirements.
Frequently Asked Questions
Is it cheaper to live in Paraguay than Panama?
On average Paraguay is about 44% less expensive than Panama, with major cities narrowing the gap.
How much money do I need to move to Paraguay?
Budget about PYG63,312,028 for 3 months in Paraguay (based on a PAB75,000 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.
Can I work remotely from Paraguay?
Connectivity is usually fine (Paraguay: 10.9 fixed broadband per 100). What actually decides it is legal: does Paraguay offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?
Is Paraguay safe for expats?
Paraguay generally does better on safety, though Panama leads in road traffic deaths. The homicide rate in Paraguay is 7.0 per 100,000 people, compared to 11.3 in Panama. About 43% of people in Paraguay feel safe walking alone at night.
How is healthcare in Paraguay compared to Panama?
Paraguay generally does better on health & wellbeing, though Panama leads in health coverage index. There are 38.8 doctors per 10,000 people in Paraguay, compared to 17.3 in Panama. Paraguay scores 72 on the WHO universal health coverage index (Panama: 78).
What's the weather like in Paraguay compared to Panama?
The average high temperature in Asuncion is 83°F, compared to 93°F in Panama City. Asuncion receives around 55.2 in of rainfall per year, while Panama City gets 75.1 in.
What language do they speak in Paraguay?
The official languages in Paraguay are Guaraní and Spanish. In Panama, the official language is Spanish.
