Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Bogota

For one person, living is cheaper in Asuncion: $1,049 a month against $1,310 in Bogota, rent and utilities included – about $3,100 less a year. Rent and utilities account for most of the difference.

51

Cost of Living Index in Asuncion
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Asuncion Living Index
62

Cost of Living Index in Bogota
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Bogota Living Index

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Asuncion

🇵🇾 Paraguay

$1,049

/mo nomad

Bogota

🇨🇴 Colombia

$1,310

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Bogota

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 Bogota actually costs, broken down by who's living it.

A single person spends $1,049 per month in Asuncion vs $1,310 in Bogota, rent included.

Asuncion $1,049
Bogota $1,310

A couple spends around $1,635 per month in Asuncion vs $2,073 in Bogota, rent included.

Asuncion $1,635
Bogota $2,073

A family of three spends $2,221 per month in Asuncion vs $2,836 in Bogota, rent included.

Asuncion $2,221
Bogota $2,836

Asuncion is about 20% cheaper than Bogota, and outside of rent the biggest gap is in groceries.

Both Asuncion and Bogota are more affordable than the global median – Asuncion 22% lower, Bogota 2% lower.

Meal at Budget Restaurant

$6.66 ₲38.1K

$7.62 COP 24.5K

-12.60%

Three-Course Dinner for Two, Mid-Range

$43.46 ₲248.7K

$40.93 COP 131.8K

6.18%

Fast Food Meal (McDonalds, etc)

$6.63 ₲37.9K

$9.96 COP 32.1K

-33.43%

Cappuccino

$3.44 ₲19.7K

$2.46 COP 7,933

39.84%

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

$1.07 ₲6,096

$1.36 COP 4,394

-21.32%

Water (0.33 liter bottle)

$0.58 ₲3,325

$0.82 COP 2,631

-29.27%

Local Beer (0.5 liter draught)

$1.85 ₲10.6K

$2.01 COP 6,472

-7.96%

Imported Beer (0.33 liter bottle)

$1.70 ₲9,721

$3.85 COP 12.4K

-55.84%

Milk (1 liter)

$1.25 ₲7,144

$1.62 COP 5,213

-22.84%

White Bread (500g)

$1.49 ₲8,516

$2.46 COP 7,909

-39.43%

Rice (white) (1kg)

$1.35 ₲7,707

$1.65 COP 5,311

-18.18%

Eggs

$2.32 ₲13.3K

$3.45 COP 11.1K

-32.75%

Local Cheese (1kg)

$9.85 ₲56.4K

$7.69 COP 24.8K

28.09%

Chicken Fillets (1kg)

$5.20 ₲29.8K

$7.02 COP 22.6K

-25.93%

Beef Round Steak (1kg)

$9.91 ₲56.7K

$9.72 COP 31.3K

1.95%

Apples (1kg)

$2.99 ₲17.1K

$3.47 COP 11.2K

-13.83%

Banana (1kg)

$1.23 ₲7,017

$1.78 COP 5,732

-30.90%

Oranges (1kg)

$1.21 ₲6,921

$1.96 COP 6,305

-38.27%

Tomato (1kg)

$2.45 ₲14.0K

$1.75 COP 5,637

40.00%

Potato (1kg)

$1.30 ₲7,464

$1.40 COP 4,507

-7.14%

Onion (1kg)

$1.34 ₲7,644

$1.39 COP 4,479

-3.60%

Lettuce (1 head)

$0.84 ₲4,784

$1.31 COP 4,232

-35.88%

Water (1.5 liter bottle)

$0.69 ₲3,957

$1.16 COP 3,724

-40.52%

Cigarettes 20 Pack (Marlboro, Camel)

$2.24 ₲12.8K

$4.15 COP 13.4K

-46.02%

Wine (Bottle)

$9.02 ₲51.6K

$12.24 COP 39.4K

-26.31%

Local Beer (0.5 liter bottle)

$1.33 ₲7,597

$1.42 COP 4,575

-6.34%

Imported Beer (0.33 liter bottle)

$1.68 ₲9,593

$2.83 COP 9,117

-40.64%

One-way Ticket (Public Transport)

$0.57 ₲3,238

$1.06 COP 3,426

-46.23%

Public Transport Monthly Pass (Regular Price)

$38.02 ₲217.5K

$48.65 COP 156.7K

-21.85%

Taxi Start (Normal Tariff)

$1.45 ₲8,289

$2.28 COP 7,335

-36.40%

Taxi (Normal Tariff) (1km)

$1.57 ₲9,008

$2.31 COP 7,454

-32.03%

Taxi 1hour Waiting (Normal Tariff)

$10.04 ₲57.4K

$9.26 COP 29.8K

8.42%

Gasoline (1 liter)

$1.21 ₲6,897

$1.26 COP 4,042

-3.97%

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

$16.9K ₲96.9M

$23.4K COP 75.3M

-27.57%

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

$35.3K ₲202.2M

$35.3K COP 113.7M

0.07%

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

$50.1 ₲286.6K

$121 COP 389.4K

-58.59%

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

$16.94 ₲96.9K

$15.63 COP 50.3K

8.38%

Internet (50+ Mbps, Unlimited Data)

$21.75 ₲124.5K

$29.00 COP 93.4K

-25.00%

Gym Membership (Monthly)

$36.50 ₲208.9K

$32.55 COP 104.8K

12.14%

Tennis Court (1 Hour on Weekend)

$14.89 ₲85.2K

$15.14 COP 48.7K

-1.65%

Cinema Ticket

$8.59 ₲49.2K

$7.55 COP 24.3K

13.77%

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

$184 ₲1.1M

$465 COP 1.5M

-60.37%

International Primary School, 1 Child (Yearly)

$5,873 ₲33.6M

$8,119 COP 26.1M

-27.67%

Jeans (Levis 501 Or Similar)

$62.4 ₲357.2K

$82.5 COP 265.6K

-24.32%

Summer Dress (H&M, Zara, etc)

$55.4 ₲316.8K

$46.69 COP 150.3K

18.57%

Sport Shoes (Adidas, Nike)

$104 ₲597.0K

$142 COP 457.4K

-26.56%

Men's Leather Business Shoes

$69.2 ₲395.8K

$104 COP 335.2K

-33.55%

1-bedroom Apartment, City Center (Monthly)

$620 ₲3.6M

$781 COP 2.5M

-20.57%

1-bedroom Apartment, Outside City Center (Monthly)

$373 ₲2.1M

$440 COP 1.4M

-15.20%

3-bedroom Apartment, City Center (Monthly)

$1,050 ₲6.0M

$1,258 COP 4.1M

-16.54%

3-bedroom Apartment, Outside City Center (Monthly)

$624 ₲3.6M

$974 COP 3.1M

-35.90%

Buy Apartment in City Center (m2)

$1,716 ₲9.8M

$2,755 COP 8.9M

-37.72%

Buy Apartment Outside City Center (m2)

$1,242 ₲7.1M

$2,239 COP 7.2M

-44.55%

Average Monthly Net Salary (After Tax)

$723 ₲4.1M

$795 COP 2.6M

-9.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.15

12.81

-20.77%

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

Last update for Asuncion: October 4, 2026

Last update for Bogota: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$373 35.8%

Bogota

$440 34% 17.9% $67

Groceries & Markets

Asuncion

$213 20.4%

Bogota

$256 19.9% 20.4% $43

Eating Out

Asuncion

$134 12.8%

Bogota

$147 11.4% 10% $13

Clothing & Footwear

Asuncion

$131 12.6%

Bogota

$169 13.1% 28.9% $38

Monthly Utilities & Internet

Asuncion

$89 8.5%

Bogota

$166 12.8% 86.5% $77

Sport & Entertainment

Asuncion

$54 5.2%

Bogota

$48 3.7% 11.2% $6

Getting Around

Asuncion

$50 4.8%

Bogota

$67 5.2% 34.6% $17

Cost Breakdown

A central one-bedroom costs $620 in Asuncion versus $781 in Bogota. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 10% higher in Bogota, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $43.00 in Asuncion versus $41.00 in Bogota. Groceries tell a different story – $213 in Asuncion vs $256 in Bogota – so Asuncion wins on supermarket bills even if dining out costs more.

Good to know

🇵🇾 Asuncion

🇨🇴 Bogota

🕒 Local time

04:19 4:19 AM

02:19 2:19 AM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

8,181,047 Capital

💱 Currency

Paraguayan Guarani PYG ₲

Colombian Peso COP $

📈 Exchange rate

10,000 PYG = 1.75 USD

10,000 PYG = 1.56 EUR

10,000 COP = 3.11 USD

10,000 COP = 2.77 EUR

Exchange rates and currency converter

COP, USD, EUR to PYG – Paraguayan Guarani Converter

🇺🇸 United States Dollar ($)

🇵🇾 Paraguayan Guarani (₲)

Paraguayan Guarani exchange rates as of October 10, 2026: 1 USD = 5,722 PYG (10,000 PYG = 1.75 USD). 1 EUR = 6,418 PYG (10,000 PYG = 1.56 EUR).

Colombian Peso exchange rates as of October 10, 2026: 1 USD = 3,220 COP (10,000 COP = 3.11 USD). 1 EUR = 3,611 COP (10,000 COP = 2.77 EUR).

USD to PYG in detail →

On the map

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Highest

Between locations

Asuncion Bogota 3,780 km ≈ 5 h nonstop flight

From you

Asuncion
Bogota

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 Bogota: Cost of Living - Frequently Asked Questions

Yes – Bogota is pricier by about 25%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,574 per month in Asuncion and $1,966 in Bogota. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Asuncion, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 28% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $184 per month in Asuncion and $465 in Bogota. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Asuncion, where all-in costs run around $1,049, than in Bogota at $1,310. In Asuncion it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.

Families tend to lean toward Asuncion – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Asuncion. If higher salaries, better infrastructure, or specific career opportunities are the priority, Bogota makes more sense. Both are solid long-term options with distinct trade-offs.