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Cost of LivingUpdated 2025-01

How much money do I need to live in Paraguay?

A comfortable single expat life costs $1,500-2,500/month in Asunción. Budget living possible at $1,000-1,200.

Key Takeaways

  • Budget living: $1,000-1,200/month possible
  • Comfortable: $1,500-2,500/month typical for expats
  • Premium: $3,000-5,000/month for luxury lifestyle
  • One-time setup costs: $3,000-5,000
  • 50-70% cheaper than US overall

The cost of living in Paraguay varies significantly based on your lifestyle. Here's a realistic breakdown of what you'll need.

Budget Living: $1,000-1,200/month

This is tight but doable:

  • **Rent**: $300-400 (small apartment outside prime areas)
  • **Utilities**: $50-80
  • **Food**: $200-300 (cooking at home, local markets)
  • **Transport**: $50-100 (buses, occasional Bolt)
  • **Phone/Internet**: $40-50
  • **Healthcare**: $50-100 (basic coverage)
  • **Misc**: $100-200

This budget means:

  • Living in Lambaré or San Lorenzo, not Villa Morra
  • Cooking most meals
  • Limited dining out
  • Local lifestyle, minimal luxuries

Comfortable Living: $1,500-2,500/month

Most expats land here:

  • **Rent**: $500-800 (nice 1-2BR in good area)
  • **Utilities**: $80-120
  • **Food**: $300-500 (mix of cooking and restaurants)
  • **Transport**: $100-200 (Bolt rides, occasional car rental)
  • **Phone/Internet**: $50-70
  • **Healthcare**: $100-200 (good private insurance)
  • **Gym/Activities**: $50-100
  • **Entertainment**: $100-200
  • **Misc**: $150-300

This budget allows:

  • Living in Villa Morra, Recoleta, or Carmelitas
  • Regular restaurant meals
  • Comfortable apartment with AC
  • Active social life
  • Occasional travel within Paraguay

Premium Living: $3,000-5,000/month

High-end expat lifestyle:

  • **Rent**: $1,200-2,000 (luxury apartment or house)
  • **Utilities**: $150-250
  • **Food**: $600-1,000 (frequent dining, imported goods)
  • **Car**: $300-500 (including fuel, insurance)
  • **Healthcare**: $300-500 (premium coverage)
  • **Domestic Help**: $200-400 (cleaning, cooking)
  • **Entertainment**: $300-500
  • **Travel**: $200-400
  • **Misc**: $250-500

This includes:

  • Best neighborhoods, modern buildings
  • Own vehicle
  • Domestic employees
  • Country club membership
  • Imported products and premium services

One-Time Setup Costs

Budget $3,000-5,000 for initial setup:

  • Security deposit (1-2 months rent)
  • Furniture (if unfurnished)
  • Kitchen supplies
  • Electronics
  • Residency fees ($1,500-2,500)

Compared to USA

Paraguay typically costs 50-70% less than US cities:

  • Rent is 50-60% cheaper
  • Restaurants are 40-50% cheaper
  • Healthcare is 60-80% cheaper
  • Groceries are 30-40% cheaper

Important Considerations

- Imported goods (electronics, cars) cost similar to US

  • Quality housing exists but search takes time
  • Lifestyle inflation is real - budget accordingly
  • Having a buffer for emergencies is essential

Have More Questions?

Explore our comprehensive guides to Paraguay