Cost of Living in Asunción
Asunción cost of living is exceptionally affordable for expats and digital nomads. Live comfortably on $1,200-1,500/month (£960-1,200 GBP / €1,040-1,300 EUR) or budget at $800-1,000/month—72% cheaper than New York, 60% cheaper than Lisbon.
TL;DR - Cost of Living in Asunción Paraguay
- → Monthly budget: $800-1,000 (budget) to $1,200-1,500 (comfortable)
- → Rent (1BR city center): $450-620/month (₲3.15-4.35M)
- → Groceries: $200-300/month at supermarkets like Stock or Superseis
- → Utilities + Internet: $60-80/month total
- → vs NYC: 70% cheaper (excluding rent), rent 89% lower per Numbeo 2025
- → Local salary: Average ₲3.5M/month ($500) - expats live well above local standard
Asunción Living Expenses: Monthly Budget Options
$800-1,000
Budget Lifestyle
- → Suburban apartment ($250-350)
- → Local dining & markets
- → Public transportation
- → Basic utilities & internet
$1,200-1,500
Comfortable
- → Mid-range apartment ($440-620)
- → Mix local/int'l dining
- → Gym & coworking space
- → Premium internet & services
$2,000+
Luxury
- → Villa Morra/Carmelitas ($800+)
- → Fine dining & entertainment
- → Car or frequent ride-sharing
- → Premium amenities
Rent Prices by Neighborhood
San Lorenzo
$250-350
Growing suburban area, good connectivity, popular with young professionals
Luque
$300-380
Near airport, well-developed infrastructure, strong local identity
Sajonia
$280-320
Quiet residential near city center, Carlos Antonio López Park, affordable
Barrio Obrero
$260-340
Historic area, active neighborhood, hospital and transport links
City Center (1BR)
$440-620
Central location, walkable to amenities, modern apartments
Recoleta
$450-650
Residential area, family-friendly, good local amenities
Las Mercedes
$500-700
Quiet upscale residential, good restaurants, growing expat community
Villa Morra
$500-800
Premier expat area, modern amenities, pools & gyms, walking distance to shopping
Carmelitas
$500-900
Vibrant nightlife, trendy bars & restaurants, popular with digital nomads
Price of Living in Asunción: Daily Expenses
Food
Transport
Utilities
Services
Asunción vs Numbeo Data 2025
How our prices compare to Numbeo's Asunción cost of living index for 2025.
70%
Cheaper than New York (excl. rent)
89%
Lower rent than NYC
$480
Single person (excl. rent) per Numbeo
Top 10
Most affordable capitals
How Asunción Compares to Other Cities
vs Lisbon
60% CheaperLisbon 1BR: $1,418-1,547 | Asunción: $450-620
vs Bangkok
SimilarBangkok 1BR: $500-695 | Asunción: $450-620
vs Medellín
CompetitiveMedellín 1BR: $458-834 | Asunción: $450-620
Local Salary Context
The average net salary in Asunción is approximately ₲3.5M/month ($500) per Numbeo 2025 data. This means expats earning $2,000-4,000/month from remote work live significantly above the local standard of living - affording premium apartments, regular dining out, and a comfortable lifestyle that would cost 3-4x more in Western cities.
Paraguay's territorial tax system means foreign-sourced income (like remote work for non-Paraguayan companies) is tax-free, maximizing your purchasing power.
Education & Childcare Costs in Asunción
For expat families, schooling options range from affordable local schools to premium international institutions.
$150-210/month
Private preschool, full-time (₲1.0-1.5M)
$200-400/month
Bilingual private schools (₲1.4-2.8M)
$6,000-12,000/year
American School of Asunción, international curriculum
Note: International schools (American School, etc.) cost $500-1,000/month but offer IB curriculum and English instruction. Many expat families choose bilingual private schools at $200-400/month as a cost-effective alternative with quality education.
Cost of Living in Multiple Currencies
Asunción costs in USD, GBP, EUR, and local Guaraníes (₲). Rates as of December 2025: $1 = ₲7,800 = £0.79 = €0.95
| Expense | USD | GBP | EUR |
|---|---|---|---|
| 1BR City Center | $450-620 | £360-500 | €390-535 |
| 1BR Outside Center | $360-430 | £290-345 | €310-370 |
| Utilities | $43 | £34 | €37 |
| Internet (60+ Mbps) | $18 | £14 | €15 |
| Groceries/month | $200-300 | £160-240 | €170-260 |
| Restaurant (2 ppl) | $33 | £26 | €28 |
| Local Meal | $5-8 | £4-6 | €4-7 |
| Comfortable Total | $1,200-1,500 | £960-1,200 | €1,030-1,290 |
| Budget Total | $800-1,000 | £640-800 | €690-860 |
Scroll right for Guaraníes column
One-Time Moving Costs to Asunción
Initial setup costs for relocating to Paraguay, including housing deposits, visa fees, and essential purchases.
$400-800
Apartment Deposit
1-2 months rent, typically refundable at end of lease
$1,450-1,600
Residency Visa Fees
Attorney fees + government processing for temporary residency
$200-500
Translation & Apostille
Document translation and authentication for residency application
$800-2,000
Basic Furniture
Bed, desk, sofa, kitchen essentials for unfurnished apartments
Total One-Time Costs: $2,850-4,900
Most expats spend $3,000-4,000 on initial setup. Furnished apartments reduce furniture costs but may have higher monthly rent. See our Visa & Residency Guide for detailed immigration requirements.
Essential Cost of Living Resources
Cost Comparison Tools
- Numbeo Asunción
Comprehensive cost data, $497.6/month single person estimate
- Numbeo Cost Estimator
Budget calculator for new arrivals
- Wise Cost of Living
Neighborhood cost comparisons
Housing & Rentals
- Mercado Libre Real Estate
Property listings from $91,000-$219,000
- Airbnb Asunción
Long-term rental options
Coworking Spaces
- Regus Asunción CitiCenter
From $149/month per person
- Bauwork
Nature-surrounded space with tennis court
- KOGA Impact Lab
First B Corp certified coworking in Paraguay
Utilities & Transportation
Local Services for Expats
- Expat Service Finder
Directory of local services for expats - plumbers, dentists, hospitals, and more
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