Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Banos

For one person, living is cheaper in Banos: $819 a month against $1,062 in Asuncion, rent and utilities included – about $2,900 less a year. Rent and utilities account for about half of the difference.

51

Cost of Living Index in Asuncion
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Asuncion Living Index
39

Cost of Living Index in Banos
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Banos Living Index

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Asuncion

🇵🇾 Paraguay

$1,062

/mo nomad

Banos

🇪🇨 Ecuador

$819

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Banos

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Asuncion and in Banos actually costs, broken down by who's living it.

A single person spends $1,062 per month in Asuncion vs $819 in Banos, rent included.

Asuncion $1,062
Banos $819

A couple spends around $1,655 per month in Asuncion vs $1,260 in Banos, rent included.

Asuncion $1,655
Banos $1,260

A family of three spends $2,249 per month in Asuncion vs $1,701 in Banos, rent included.

Asuncion $2,249
Banos $1,701

Asuncion costs about 30% more than Banos, and outside of rent the biggest gap is in eating out.

Both Asuncion and Banos are more affordable than the global median – Asuncion 22% lower, Banos 40% lower.

Meal at Budget Restaurant

$6.76 ₲39.2K

$2.78 $2.78

143.17%

Three-Course Dinner for Two, Mid-Range

$43.17 ₲250.5K

$30.08 $30.08

43.52%

Fast Food Meal (McDonalds, etc)

$7.01 ₲40.7K

$5.02 $5.02

39.64%

Cappuccino

$3.47 ₲20.1K

$2.60 $2.60

33.46%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.09 ₲6,309

$0.92 $0.92

18.48%

Water (0.33 liter bottle)

$0.55 ₲3,202

$0.73 $0.73

-24.66%

Local Beer (0.5 liter draught)

$2.02 ₲11.7K

$2.99 $2.99

-32.44%

Imported Beer (0.33 liter bottle)

$1.73 ₲10.0K

$2.02 $2.02

-14.36%

Milk (1 liter)

$1.27 ₲7,351

$1.05 $1.05

20.95%

White Bread (500g)

$1.46 ₲8,483

$1.99 $1.99

-26.63%

Rice (white) (1kg)

$1.39 ₲8,042

$0.86 $0.86

61.63%

Eggs

$2.36 ₲13.7K

$1.49 $1.49

58.39%

Local Cheese (1kg)

$9.88 ₲57.3K

$7.04 $7.04

40.34%

Chicken Fillets (1kg)

$5.23 ₲30.3K

$5.04 $5.04

3.77%

Beef Round Steak (1kg)

$10.02 ₲58.1K

$5.85 $5.85

71.28%

Apples (1kg)

$3.01 ₲17.5K

$1.49 $1.49

102.01%

Banana (1kg)

$1.25 ₲7,279

$0.49 $0.49

155.10%

Oranges (1kg)

$1.22 ₲7,105

$1.02 $1.02

19.61%

Tomato (1kg)

$2.49 ₲14.4K

$0.95 $0.95

162.11%

Potato (1kg)

$1.40 ₲8,097

$0.51 $0.51

174.51%

Onion (1kg)

$1.35 ₲7,859

$0.91 $0.91

48.35%

Lettuce (1 head)

$0.91 ₲5,292

$0.51 $0.51

78.43%

Water (1.5 liter bottle)

$0.71 ₲4,103

$1.02 $1.02

-30.39%

Cigarettes 20 Pack (Marlboro, Camel)

$2.37 ₲13.8K

$5.83 $5.83

-59.35%

Wine (Bottle)

$9.08 ₲52.7K

$11.80 $11.80

-23.05%

Local Beer (0.5 liter bottle)

$1.33 ₲7,697

$1.55 $1.55

-14.19%

Imported Beer (0.33 liter bottle)

$1.73 ₲10.0K

$2.15 $2.15

-19.53%

One-way Ticket (Public Transport)

$0.61 ₲3,511

$0.36 $0.36

69.44%

Public Transport Monthly Pass (Regular Price)

$36.24 ₲210.3K

Taxi Start (Normal Tariff)

$1.51 ₲8,790

$1.27 $1.27

18.90%

Taxi (Normal Tariff) (1km)

$1.52 ₲8,817

$1.23 $1.23

23.58%

Taxi 1hour Waiting (Normal Tariff)

$10.37 ₲60.2K

$11.90 $11.90

-12.86%

Gasoline (1 liter)

$1.22 ₲7,103

$0.87 $0.87

40.23%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$17.0K ₲98.9M

$23.1K $23.1K

-26.23%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$29.5K ₲171.4M

$30.6K $30.6K

-3.52%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$51.4 ₲298.4K

$33.82 $33.82

52.07%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.47 ₲101.4K

$14.62 $14.62

19.49%

Internet (50+ Mbps, Unlimited Data)

$22.66 ₲131.5K

$25.86 $25.86

-12.37%

Gym Membership (Monthly)

$36.59 ₲212.3K

$29.84 $29.84

22.62%

Tennis Court (1 Hour on Weekend)

$15.07 ₲87.5K

$14.62 $14.62

3.08%

Cinema Ticket

$8.42 ₲48.9K

$7.28 $7.28

15.66%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$183 ₲1.1M

$369 $369

-50.38%

International Primary School, 1 Child (Yearly)

$5,692 ₲33.0M

$5,777 $5,777

-1.48%

Jeans (Levis 501 Or Similar)

$63.8 ₲370.1K

$64.8 $64.8

-1.60%

Summer Dress (H&M, Zara, etc)

$56.7 ₲328.8K

$39.86 $39.86

42.12%

Sport Shoes (Adidas, Nike)

$108 ₲628.5K

$127 $127

-14.96%

Men's Leather Business Shoes

$70.0 ₲406.4K

$91.7 $91.7

-23.63%

1-bedroom Apartment, City Center (Monthly)

$639 ₲3.7M

$440 $440

45.10%

1-bedroom Apartment, Outside City Center (Monthly)

$382 ₲2.2M

$275 $275

38.83%

3-bedroom Apartment, City Center (Monthly)

$1,066 ₲6.2M

$705 $705

51.24%

3-bedroom Apartment, Outside City Center (Monthly)

$635 ₲3.7M

$448 $448

41.78%

Buy Apartment in City Center (m2)

$1,750 ₲10.2M

Buy Apartment Outside City Center (m2)

$1,233 ₲7.2M

Average Monthly Net Salary (After Tax)

$726 ₲4.2M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.5

10.05

4.48%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Asuncion: October 26, 2026

Last update for Banos: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Asuncion

$382 36%

Banos

$275 33.6% 28% $107

Groceries & Markets

Asuncion

$215 20.3%

Banos

$176 21.5% 18.2% $39

Eating Out

Asuncion

$137 12.9%

Banos

$94 11.5% 31.3% $43

Clothing & Footwear

Asuncion

$134 12.7%

Banos

$146 17.8% 8.4% $11

Monthly Utilities & Internet

Asuncion

$92 8.6%

Banos

$74 9.1% 18.9% $17

Sport & Entertainment

Asuncion

$53 5%

Banos

$44 5.4% 16.9% $9

Getting Around

Asuncion

$48 4.5%

Banos

$8.9 * 1.1% 81.4% $39

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $639 in Asuncion versus $440 in Banos. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $43 in Asuncion versus $30 in Banos. Monthly groceries follow the same trend: $215 vs $176 – making Banos the more affordable choice for daily food spending.

Good to know

🇵🇾 Asuncion

🇪🇨 Banos

🕒 Local time

13:36 1:36 PM

11:36 11:36 AM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

9,501

💱 Currency

Paraguayan Guarani PYG ₲

United States Dollar USD $

📈 Exchange rate

10,000 PYG = 1.72 USD

10,000 PYG = 1.55 EUR

1 USD = 0.899 EUR

Exchange rates and currency converter

USD, EUR to PYG – Paraguayan Guarani Converter

🇺🇸 United States Dollar ($)

🇵🇾 Paraguayan Guarani (₲)

Paraguayan Guarani exchange rates as of October 28, 2026: 1 USD = 5,803 PYG (10,000 PYG = 1.72 USD). 1 EUR = 6,459 PYG (10,000 PYG = 1.55 EUR).

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.899 EUR).

USD to PYG in detail →

On the map

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Between locations

Asuncion Banos 3,470 km ≈ 4 h 45 min nonstop flight

From you

Asuncion
Banos

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Asuncion vs Banos: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 30%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,592 per month in Asuncion and $1,228 in Banos. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Banos, especially for central apartments: a one-bedroom in the center costs $440 there versus $639 in Asuncion.

Monthly expenses with rent come to $1,062 in Asuncion and $819 in Banos. That’s a gap of about 30%.

Kindergarten costs $183 per month in Asuncion and $369 in Banos. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$800 is a stretch for both – monthly costs hit $1,062 in Asuncion and $819 in Banos. You’ll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Banos has an edge in some lifestyle areas, with costs from $819 in Banos to $1,062 in Asuncion. Climate, culture, job market, and personal taste all factor in.