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70% Cheaper Than NYC

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

Budget

San Lorenzo

$250-350

Growing suburban area, good connectivity, popular with young professionals

Budget

Luque

$300-380

Near airport, well-developed infrastructure, strong local identity

Budget

Sajonia

$280-320

Quiet residential near city center, Carlos Antonio López Park, affordable

Budget

Barrio Obrero

$260-340

Historic area, active neighborhood, hospital and transport links

Mid-Range

City Center (1BR)

$440-620

Central location, walkable to amenities, modern apartments

Mid-Range

Recoleta

$450-650

Residential area, family-friendly, good local amenities

Mid-Range

Las Mercedes

$500-700

Quiet upscale residential, good restaurants, growing expat community

Upscale

Villa Morra

$500-800

Premier expat area, modern amenities, pools & gyms, walking distance to shopping

Upscale

Carmelitas

$500-900

Vibrant nightlife, trendy bars & restaurants, popular with digital nomads

Price of Living in Asunción: Daily Expenses

Food

Local meal$5
Restaurant (per person)$16
Monthly groceries$175

Transport

Bus ticket$0.48
Monthly pass$29

Utilities

Electric + water$42
Mobile plan (10GB)$14

Services

Internet (60+ Mbps)$18
Gym membership$30
Coworking$65-120

Asunción vs Numbeo Data 2025

How our prices compare to Numbeo's Asunción cost of living index for 2025.

vs NYC

70%

Cheaper than New York (excl. rent)

Rent

89%

Lower rent than NYC

Monthly

$480

Single person (excl. rent) per Numbeo

Ranking

Top 10

Most affordable capitals

How Asunción Compares to Other Cities

vs Lisbon

60% Cheaper

Lisbon 1BR: $1,418-1,547 | Asunción: $450-620

vs Bangkok

Similar

Bangkok 1BR: $500-695 | Asunción: $450-620

vs Medellín

Competitive

Medellín 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.

Preschool

$150-210/month

Private preschool, full-time (₲1.0-1.5M)

Private School

$200-400/month

Bilingual private schools (₲1.4-2.8M)

International

$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

ExpenseUSDGBPEUR
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.

Housing

$400-800

Apartment Deposit

1-2 months rent, typically refundable at end of lease

Legal

$1,450-1,600

Residency Visa Fees

Attorney fees + government processing for temporary residency

Documents

$200-500

Translation & Apostille

Document translation and authentication for residency application

Setup

$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

Housing & Rentals

Coworking Spaces

Utilities & Transportation

  • ANDE

    Electricity provider (~$42/month basic utilities)

  • Essap

    Water and sewerage services

  • Jaha App

    Public transport card and GPS navigation

Local Services for Expats

  • Expat Service Finder

    Directory of local services for expats - plumbers, dentists, hospitals, and more

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