Cost of living in Asuncion
Asuncion, the capital city of Paraguay, offers a unique blend of cultural heritage and modern living. Understanding the cost of living in Asuncion is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of expenses in Asuncion, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $4.12 on average, with a range between $2.03 and $5.71.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $22.83, with prices ranging from $13.95 to $44.39.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.57, with a range between $4.44 and $5.71.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.63 to $2.78, imported beer $1.49 to $3.17, cappuccino $0.89 to $4.44, and Coke/Pepsi $0.63 to $1.27.
Grocery Prices
- Milk - Milk is priced between $0.68 and $0.93 per liter, averaging $0.85.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.38 and $1.4, with an average price of $0.7.
- Eggs (Dozen) - A dozen eggs range from $1.27 to $2.54, averaging $1.65.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.76 to $2.54 per kg, while oranges range from $0.63 to $2.79 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.61 and $1.59 per kg, and lettuce costs $0.44 to $0.63 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.43 and $0.48, with a monthly pass priced between $12.68 and $42.61.
- Fuel (Gasoline) - Gasoline is priced between $0.81 and $1.13 per liter.
- Taxi Fares - Taxi fares start at $0.76, with a cost of $0.76 per km and $8.88 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $317.06 to $551.69, averaging $424.86.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $253.65 to $443.89, averaging $338.2.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $634.12 to $1458.48, averaging $760.95.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $443.89 to $634.12, averaging $518.66.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $1217.51 to $1292.28, averaging $1259.35.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $786.31.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $28.13 and $63.41, averaging $44.62.
- Internet - Internet services range from $12.68 to $27.9, with an average cost of $16.9.
Cost of Living Rankings
Asuncion ranks 1st on the Cost of Living rankings in Paraguay. The cost of living indices for Paraguay are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Paraguay, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
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Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Asuncion offers a relatively low cost of living compared to many other capital cities. Dining out is affordable, with inexpensive meals available for just a few dollars.
Housing costs are reasonable, especially outside the city centre, making it an attractive option for budget-conscious residents.
Transportation is economical, with low costs for public transport and fuel, while utilities and internet services are also budget-friendly.
Conclusion
In conclusion, Asuncion presents an affordable living environment with a balanced mix of modern amenities and cultural experiences.
The city's cost of living is particularly appealing for those seeking to maximize their budget without sacrificing quality of life. Whether you're planning to move or just visiting, Asuncion offers a cost-effective lifestyle.