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
Sources
Have More Questions?
Explore our comprehensive guides to Paraguay