Asuncion
Paraguay
Cost of Living in Asuncion
Comprehensive breakdown of living costs, rent prices, and quality of life metrics
Cost of Living Analysis
Asunción, the capital of Paraguay, offers an affordable cost of living, making it an attractive destination for digital nomads seeking a budget-friendly lifestyle. Compared to many Western cities, daily expenses such as housing, food, and transportation are significantly lower, allowing for a comfortable standard of living without substantial financial strain.
Housing in Asunción is notably economical. In central neighborhoods like Villa Morra and Carmelitas, a one-bedroom apartment typically rents for approximately $300 to $600 per month, while options in less central areas can be even more affordable. Utilities, including electricity, water, and internet, generally add around $50 to $100 monthly to living expenses. Dining out is cost-effective, with meals at local restaurants ranging from $5 to $10, and more upscale dining experiences averaging $15 to $25 per person. Grocery shopping is also budget-friendly, with fresh produce and local goods available at reasonable prices. Transportation costs are minimal; public buses charge less than a dollar per ride, and ride-sharing services like Uber offer convenient alternatives at slightly higher rates. (nomadresidence.com)
The city provides a comfortable quality of life, with a relaxed atmosphere and a growing community of expatriates and digital nomads. While Asunción is generally safe, it's advisable to remain vigilant against petty theft, especially in crowded areas. Healthcare services are accessible and affordable, with private health insurance plans available for around $50 to $100 per month, and doctor visits costing approximately $20 to $40. (digiwander.com)
For digital nomads, Asunción offers reliable internet connectivity, with average broadband speeds sufficient for remote work. Coworking spaces are available, providing modern amenities and opportunities for networking. The city's low cost of living allows for a comfortable lifestyle on a modest budget, making it an appealing option for those seeking an affordable base in South America. (nomadglory.com)
Overall Ranking
Cost Breakdown
Housing & Property
Safety & Healthcare
Understanding the Indices:
- • Cost indices: Lower values indicate lower costs (better for budget)
- • Quality indices: Higher values indicate better quality/safety
- • Rank: Lower numbers indicate better overall affordability