🇵🇾 Paraguay · #473 of 538 cities · 2026

Cost of Living in Asuncion

Very affordable — cheaper than 12.1% of cities worldwide

Ranked #473 of 538 cities · More expensive than 12.1% of cities worldwide

Very affordable
Cost of Living
Very affordable
Rent
Very affordable
Groceries
Weak
Purchasing Power

Lower index = more affordable

Rent Prices

Rent Prices in Asuncion

Apartment City Centre Outside Centre You Save
1-Bedroom PYG 1,820,414/mo ≈ $302 PYG 1,365,311/mo ≈ $227 25%
3-Bedroom PYG 3,164,627/mo ≈ $525 PYG 2,373,470/mo ≈ $394 25%
Estimated from rent index. Actual prices vary. · 2026

Cost Indices

Cost of Living
31.0 Very affordable
Rent
10.1 Very affordable
Groceries
31.7 Very affordable
Restaurants
29.4 Very affordable
Purchasing Power
58.4 Weak

Living in Asuncion: What to Expect

Asuncion is very affordable by global standards (ranked #473 of 538 cities), cheaper than 12.1% of cities worldwide.

Groceries are very affordable, while dining out is very affordable. Rent offers the best value, while Groceries is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

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