Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Armenia

For one person, living is cheaper in Asuncion: $1,075 a month against $1,164 in Armenia, rent and utilities included – about $1,100 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
56

Cost of Living Index in Armenia
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Armenia Living Index

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Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

Armenia

🇨🇴 Colombia

$1,164

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Armenia

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

A single person spends $1,075 per month in Asuncion vs $1,164 in Armenia, rent included.

Asuncion $1,075
Armenia $1,164

A couple spends around $1,684 per month in Asuncion vs $1,826 in Armenia, rent included.

Asuncion $1,684
Armenia $1,826

A family of three spends $2,292 per month in Asuncion vs $2,489 in Armenia, rent included.

Asuncion $2,292
Armenia $2,489

Asuncion is about 8% cheaper than Armenia, and outside of rent the biggest gap is in groceries.

Both Asuncion and Armenia are more affordable than the global median – Asuncion 20% lower, Armenia 14% lower.

Meal at Budget Restaurant

$7.15 ₲40.5K

$6.38 COP 20.2K

12.07%

Three-Course Dinner for Two, Mid-Range

$43.57 ₲247.0K

$31.58 COP 100.1K

37.97%

Fast Food Meal (McDonalds, etc)

$7.10 ₲40.3K

$9.40 COP 29.8K

-24.47%

Cappuccino

$3.51 ₲19.9K

$2.25 COP 7,128

56.00%

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

$1.05 ₲5,961

$1.16 COP 3,672

-9.48%

Water (0.33 liter bottle)

$0.58 ₲3,278

$0.92 COP 2,926

-36.96%

Local Beer (0.5 liter draught)

$1.89 ₲10.7K

$2.43 COP 7,694

-22.22%

Imported Beer (0.33 liter bottle)

$1.74 ₲9,874

$1.91 COP 6,052

-8.90%

Milk (1 liter)

$1.29 ₲7,298

$1.48 COP 4,691

-12.84%

White Bread (500g)

$1.50 ₲8,487

$2.49 COP 7,889

-39.76%

Rice (white) (1kg)

$1.39 ₲7,897

$1.75 COP 5,553

-20.57%

Eggs

$2.48 ₲14.1K

$2.91 COP 9,213

-14.78%

Local Cheese (1kg)

$9.74 ₲55.2K

$9.89 COP 31.3K

-1.52%

Chicken Fillets (1kg)

$5.19 ₲29.4K

$9.36 COP 29.7K

-44.55%

Beef Round Steak (1kg)

$10.07 ₲57.1K

$13.81 COP 43.8K

-27.08%

Apples (1kg)

$2.99 ₲16.9K

$4.03 COP 12.8K

-25.81%

Banana (1kg)

$1.32 ₲7,469

$1.53 COP 4,834

-13.73%

Oranges (1kg)

$1.19 ₲6,721

$0.82 COP 2,587

45.12%

Tomato (1kg)

$2.47 ₲14.0K

$2.18 COP 6,922

13.30%

Potato (1kg)

$1.40 ₲7,958

$1.98 COP 6,283

-29.29%

Onion (1kg)

$1.33 ₲7,538

$1.58 COP 5,002

-15.82%

Lettuce (1 head)

$0.92 ₲5,226

$1.15 COP 3,636

-20.00%

Water (1.5 liter bottle)

$0.77 ₲4,358

$1.27 COP 4,025

-39.37%

Cigarettes 20 Pack (Marlboro, Camel)

$2.43 ₲13.8K

$3.94 COP 12.5K

-38.32%

Wine (Bottle)

$9.08 ₲51.4K

$13.56 COP 43.0K

-33.04%

Local Beer (0.5 liter bottle)

$1.42 ₲8,039

$1.72 COP 5,460

-17.44%

Imported Beer (0.33 liter bottle)

$1.79 ₲10.1K

$2.28 COP 7,238

-21.49%

One-way Ticket (Public Transport)

$0.58 ₲3,305

$1.04 COP 3,311

-44.23%

Public Transport Monthly Pass (Regular Price)

$37.92 ₲214.9K

Taxi Start (Normal Tariff)

$1.54 ₲8,707

$1.31 COP 4,146

17.56%

Taxi (Normal Tariff) (1km)

$1.62 ₲9,175

$2.07 COP 6,549

-21.74%

Taxi 1hour Waiting (Normal Tariff)

$10.44 ₲59.2K

$8.11 COP 25.7K

28.73%

Gasoline (1 liter)

$1.29 ₲7,296

$1.29 COP 4,084

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

$17.5K ₲99.2M

$27.0K COP 85.7M

-35.25%

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

$35.0K ₲198.6M

$35.3K COP 111.9M

-0.76%

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

$51.5 ₲292.1K

$103 COP 326.4K

-49.97%

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

$17.68 ₲100.2K

$13.15 COP 41.7K

34.45%

Internet (50+ Mbps, Unlimited Data)

$22.35 ₲126.7K

$26.88 COP 85.2K

-16.85%

Gym Membership (Monthly)

$36.60 ₲207.5K

$18.74 COP 59.4K

95.30%

Tennis Court (1 Hour on Weekend)

$15.33 ₲86.9K

Cinema Ticket

$8.89 ₲50.4K

$6.57 COP 20.8K

35.31%

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

$190 ₲1.1M

$789 COP 2.5M

-75.96%

International Primary School, 1 Child (Yearly)

$5,930 ₲33.6M

$9,085 COP 28.8M

-34.73%

Jeans (Levis 501 Or Similar)

$64.7 ₲366.8K

$85.0 COP 269.4K

-23.88%

Summer Dress (H&M, Zara, etc)

$57.9 ₲328.3K

$58.3 COP 184.8K

-0.70%

Sport Shoes (Adidas, Nike)

$107 ₲608.0K

$137 COP 434.0K

-21.69%

Men's Leather Business Shoes

$73.3 ₲415.5K

$98.7 COP 312.7K

-25.72%

1-bedroom Apartment, City Center (Monthly)

$645 ₲3.7M

$573 COP 1.8M

12.53%

1-bedroom Apartment, Outside City Center (Monthly)

$385 ₲2.2M

$383 COP 1.2M

0.67%

3-bedroom Apartment, City Center (Monthly)

$1,061 ₲6.0M

$943 COP 3.0M

12.57%

3-bedroom Apartment, Outside City Center (Monthly)

$654 ₲3.7M

$779 COP 2.5M

-16.14%

Buy Apartment in City Center (m2)

$1,715 ₲9.7M

Buy Apartment Outside City Center (m2)

$1,205 ₲6.8M

Average Monthly Net Salary (After Tax)

$747 ₲4.2M

$514 COP 1.6M

45.37%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.5

10.94

-4.02%

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

Last update for Asuncion: October 11, 2026

Last update for Armenia: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$385 35.9%

Armenia

$383 32.9% 0.7% $2.5

Groceries & Markets

Asuncion

$217 20.2%

Armenia

$289 24.8% 33% $72

Eating Out

Asuncion

$140 13%

Armenia

$131 11.2% 6.8% $9.6

Clothing & Footwear

Asuncion

$136 12.7%

Armenia

$171 14.7% 25% $34

Monthly Utilities & Internet

Asuncion

$92 8.5%

Armenia

$143 12.3% 56.2% $51

Sport & Entertainment

Asuncion

$54 5.1%

Armenia

$32 2.7% 41.4% $23

Getting Around

Asuncion

$50 4.6%

Armenia

$16 * 1.4% 68.3% $34

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

Cost Breakdown

A central one-bedroom costs $645 in Asuncion versus $573 in Armenia. 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 45% higher in Asuncion, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $44.00 in Asuncion versus $32.00 in Armenia. Groceries tell a different story – $217 in Asuncion vs $289 in Armenia – so Asuncion wins on supermarket bills even if dining out costs more.

Good to know

🇵🇾 Asuncion

🇨🇴 Armenia

🕒 Local time

11:02 11:02 AM

09:02 9:02 AM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

316,926

💱 Currency

Paraguayan Guarani PYG ₲

Colombian Peso COP $

📈 Exchange rate

10,000 PYG = 1.76 USD

10,000 PYG = 1.57 EUR

10,000 COP = 3.16 USD

10,000 COP = 2.81 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 16, 2026: 1 USD = 5,668 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,357 PYG (10,000 PYG = 1.57 EUR).

Colombian Peso exchange rates as of October 16, 2026: 1 USD = 3,169 COP (10,000 COP = 3.16 USD). 1 EUR = 3,554 COP (10,000 COP = 2.81 EUR).

USD to PYG in detail →

On the map

Lowest

Highest

Between locations

Asuncion Armenia 3,850 km ≈ 5 h nonstop flight

From you

Asuncion
Armenia

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 Armenia: Cost of Living - Frequently Asked Questions

Yes – Armenia is pricier by about 8%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,613 per month in Asuncion and $1,746 in Armenia. 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.

Monthly expenses with rent come to $1,075 in Asuncion and $1,164 in Armenia. That's a gap of about 8%.

Kindergarten costs $190 per month in Asuncion and $789 in Armenia. 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 $1,075, than in Armenia at $1,164. In Asuncion it covers expenses comfortably, while in Armenia 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.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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