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Cost of Living in Asuncion, Paraguay (2025): Complete Expat Guide

Published 17 April 2026 · 7 min read

The cost of living in Asuncion, Paraguay is among the lowest of any capital city in South America. For expats earning income from abroad — and paying 0% Paraguayan income tax on that foreign income — every dollar stretches significantly further here than in Buenos Aires, Bogota, or Lima.

Monthly Rent in Asuncion

A one-bedroom apartment in the city centre — Villa Morra, Carmelitas, and Recoleta neighbourhoods — typically runs $450–$620 per month.

If you are comfortable living slightly outside the central districts, the same type of apartment drops to $300–$450 per month.

Groceries and Food

Shopping at local supermarkets, a single person can expect to spend $200–$300 per month on groceries. Fresh produce is cheap and abundant.

A mid-range restaurant meal costs $8–$15 USD. Street food and market lunches are cheaper still, often $2–4 for a full meal.

Transport

The city bus system covers most of Asuncion. A single fare is approximately $0.26 USD — one of the cheapest public transport fares in any Latin American capital.

Uber and Cabify both operate in Asuncion. A typical cross-city ride costs $3–$5 USD.

Utilities and Internet

For a one-bedroom apartment, expect to pay $40–$70 per month for electricity and water combined.

Fiber broadband is widely available in central neighbourhoods, with monthly plans ranging from $30–$50 USD. Mobile data SIM plans start around $15–$20/month.

Total Monthly Budget Summary

  • Budget lifestyle ($800–$1,200/month): Apartment outside city centre, cooking at home most meals, public transport
  • Comfortable lifestyle ($1,500–$2,000/month): Modern apartment in Villa Morra or Carmelitas, mix of cooking and eating out
  • Generous lifestyle ($2,000–$2,500/month): Premium apartment, regular dining out, gym membership, private health insurance

A couple can typically live comfortably on $2,000–$3,000/month combined.

Asuncion vs Other Latin American Capitals

Asuncion is roughly 40–60% cheaper than Buenos Aires (in USD), 30–50% cheaper than Bogota, and comparable to or slightly cheaper than Lima.

Explore our Standard, Express, and VIP residency packages — our residency service handles the full process from document preparation to Cedula collection.

Figures sourced from Numbeo (updated April 2026) and Expatistan. Prices may vary by neighbourhood, lifestyle, and exchange rate movements.

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