Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Cerro de Pasco

For one person, living is cheaper in Cerro de Pasco: $555 a month against $1,075 in Asuncion, rent and utilities included – about $6,200 less a year. Rent and utilities account for most of the difference.

52

Cost of Living Index in Asuncion
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Asuncion Living Index
27

Cost of Living Index in Cerro de Pasco
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Cerro de Pasco Living Index

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Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

Cerro de Pasco

🇵🇪 Peru

$555

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Cerro de Pasco

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 Cerro de Pasco actually costs, broken down by who's living it.

A single person spends $1,075 per month in Asuncion vs $555 in Cerro de Pasco, rent included.

Asuncion $1,075
Cerro de Pasco $555

A couple spends around $1,684 per month in Asuncion vs $891 in Cerro de Pasco, rent included.

Asuncion $1,684
Cerro de Pasco $891

A family of three spends $2,292 per month in Asuncion vs $1,227 in Cerro de Pasco, rent included.

Asuncion $2,292
Cerro de Pasco $1,227

Asuncion costs about 94% more than Cerro de Pasco, and outside of rent the biggest gap is in eating out.

Both Asuncion and Cerro de Pasco are more affordable than the global median – Asuncion 20% lower, Cerro de Pasco 59% lower.

Meal at Budget Restaurant

$7.15 ₲40.6K

$2.83 PEN 9.70

152.65%

Three-Course Dinner for Two, Mid-Range

$43.57 ₲247.8K

$29.34 PEN 101

48.50%

Fast Food Meal (McDonalds, etc)

$7.10 ₲40.4K

$6.74 PEN 23.16

5.34%

Cappuccino

$3.51 ₲20.0K

$2.05 PEN 7.03

71.22%

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

$1.05 ₲5,980

$0.76 PEN 2.61

38.16%

Water (0.33 liter bottle)

$0.58 ₲3,289

$0.45 PEN 1.55

28.89%

Local Beer (0.5 liter draught)

$1.89 ₲10.8K

$2.69 PEN 9.22

-29.74%

Imported Beer (0.33 liter bottle)

$1.74 ₲9,906

$4.44 PEN 15.27

-60.81%

Milk (1 liter)

$1.29 ₲7,321

$1.52 PEN 5.23

-15.13%

White Bread (500g)

$1.50 ₲8,514

$2.35 PEN 8.07

-36.17%

Rice (white) (1kg)

$1.39 ₲7,922

$1.26 PEN 4.34

10.32%

Eggs

$2.48 ₲14.1K

$2.47 PEN 8.47

0.40%

Local Cheese (1kg)

$9.74 ₲55.4K

$9.18 PEN 31.53

6.10%

Chicken Fillets (1kg)

$5.19 ₲29.5K

$6.04 PEN 20.74

-14.07%

Beef Round Steak (1kg)

$10.07 ₲57.2K

$7.92 PEN 27.20

27.15%

Apples (1kg)

$2.99 ₲17.0K

$2.00 PEN 6.86

49.50%

Banana (1kg)

$1.32 ₲7,493

$0.76 PEN 2.61

73.68%

Oranges (1kg)

$1.19 ₲6,742

$0.43 PEN 1.46

176.74%

Tomato (1kg)

$2.47 ₲14.1K

$1.14 PEN 3.91

116.67%

Potato (1kg)

$1.40 ₲7,984

$0.70 PEN 2.41

100.00%

Onion (1kg)

$1.33 ₲7,562

$0.54 PEN 1.87

146.30%

Lettuce (1 head)

$0.92 ₲5,243

$0.83 PEN 2.85

10.84%

Water (1.5 liter bottle)

$0.77 ₲4,372

$0.84 PEN 2.88

-8.33%

Cigarettes 20 Pack (Marlboro, Camel)

$2.43 ₲13.8K

$5.78 PEN 19.84

-57.96%

Wine (Bottle)

$9.08 ₲51.6K

$7.19 PEN 24.68

26.29%

Local Beer (0.5 liter bottle)

$1.42 ₲8,064

$1.92 PEN 6.60

-26.04%

Imported Beer (0.33 liter bottle)

$1.79 ₲10.2K

$2.65 PEN 9.11

-32.45%

One-way Ticket (Public Transport)

$0.58 ₲3,315

Public Transport Monthly Pass (Regular Price)

$37.92 ₲215.6K

Taxi Start (Normal Tariff)

$1.54 ₲8,735

$3.98 PEN 13.68

-61.31%

Taxi (Normal Tariff) (1km)

$1.62 ₲9,204

$1.99 PEN 6.84

-18.59%

Taxi 1hour Waiting (Normal Tariff)

$10.44 ₲59.4K

$7.46 PEN 25.62

39.95%

Gasoline (1 liter)

$1.29 ₲7,320

$1.67 PEN 5.74

-22.75%

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

$17.5K ₲99.5M

$22.2K PEN 76.4K

-21.31%

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

$35.0K ₲199.2M

$26.2K PEN 89.9K

33.89%

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

$51.5 ₲293.0K

$72.8 PEN 250

-29.25%

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

$17.68 ₲100.5K

$16.46 PEN 56.5

7.41%

Internet (50+ Mbps, Unlimited Data)

$22.35 ₲127.1K

$27.53 PEN 94.6

-18.82%

Gym Membership (Monthly)

$36.60 ₲208.1K

Tennis Court (1 Hour on Weekend)

$15.33 ₲87.2K

Cinema Ticket

$8.89 ₲50.6K

$7.15 PEN 24.56

24.34%

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

$190 ₲1.1M

$176 PEN 606

7.54%

International Primary School, 1 Child (Yearly)

$5,930 ₲33.7M

$12.9K PEN 44.4K

-54.12%

Jeans (Levis 501 Or Similar)

$64.7 ₲368.0K

$53.3 PEN 183

21.47%

Summer Dress (H&M, Zara, etc)

$57.9 ₲329.4K

$35.36 PEN 121

63.80%

Sport Shoes (Adidas, Nike)

$107 ₲610.0K

$83.2 PEN 286

28.99%

Men's Leather Business Shoes

$73.3 ₲416.8K

$77.6 PEN 267

-5.57%

1-bedroom Apartment, City Center (Monthly)

$645 ₲3.7M

1-bedroom Apartment, Outside City Center (Monthly)

$385 ₲2.2M

3-bedroom Apartment, City Center (Monthly)

$1,061 ₲6.0M

$408 PEN 1,400

160.35%

3-bedroom Apartment, Outside City Center (Monthly)

$654 ₲3.7M

Buy Apartment in City Center (m2)

$1,715 ₲9.8M

Buy Apartment Outside City Center (m2)

$1,205 ₲6.9M

Average Monthly Net Salary (After Tax)

$747 ₲4.2M

$470 PEN 1,616

58.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.5

8.94

17.45%

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

Last update for Asuncion: October 11, 2026

Last update for Cerro de Pasco: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$385 35.9%

Cerro de Pasco

- * 0% 100%

Groceries & Markets

Asuncion

$217 20.2%

Cerro de Pasco

$203 36.6% 6.6% $14

Eating Out

Asuncion

$140 13%

Cerro de Pasco

$95 17% 32.5% $46

Clothing & Footwear

Asuncion

$136 12.7%

Cerro de Pasco

$112 20.2% 17.7% $24

Monthly Utilities & Internet

Asuncion

$92 8.5%

Cerro de Pasco

$117 21.1% 27.6% $25

Sport & Entertainment

Asuncion

$54 5.1%

Cerro de Pasco

$14 * 2.6% 73.7% $40

Getting Around

Asuncion

$50 4.6%

Cerro de Pasco

$14 * 2.5% 72% $36

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

Cost Breakdown

Salaries run about 59% higher in Asuncion, 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 $44.00 in Asuncion versus $29.00 in Cerro de Pasco. Monthly groceries follow the same trend: $217 vs $203 – making Cerro de Pasco the more affordable choice for daily food spending.

Good to know

🇵🇾 Asuncion

🇵🇪 Cerro de Pasco

🕒 Local time

16:05 4:05 PM

14:05 2:05 PM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

58,899

💱 Currency

Paraguayan Guarani PYG ₲

Peruvian Sol PEN S/

📈 Exchange rate

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 EUR

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

PEN, USD, EUR to PYG – Paraguayan Guarani Converter

🇺🇸 United States Dollar ($)

🇵🇾 Paraguayan Guarani (₲)

Paraguayan Guarani exchange rates as of October 17, 2026: 1 USD = 5,686 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,393 PYG (10,000 PYG = 1.56 EUR).

Peruvian Sol exchange rates as of October 17, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

USD to PYG in detail →

On the map

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Highest

Between locations

Asuncion Cerro de Pasco 2,550 km ≈ 3 h 45 min nonstop flight

From you

Asuncion
Cerro de Pasco

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 Cerro de Pasco: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 94%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,613 per month in Asuncion and $832 in Cerro de Pasco. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,075 in Asuncion and $555 in Cerro de Pasco. That's a gap of about 94%.

Kindergarten costs $190 per month in Asuncion and $176 in Cerro de Pasco. 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 Cerro de Pasco, where all-in costs run around $555, than in Asuncion at $1,075. In Cerro de Pasco it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.

Families tend to lean toward Cerro de Pasco – 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 Cerro de Pasco. If higher salaries, better infrastructure, or specific career opportunities are the priority, Asuncion makes more sense. Both are solid long-term options with distinct trade-offs.