Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Huancayo

For one person, living is cheaper in Huancayo: $487 a month against $1,075 in Asuncion, rent and utilities included – about $7,100 less a year. Rent and utilities account for most of the difference.

52

Cost of Living Index in Asuncion
Learn more

Asuncion Living Index
24

Cost of Living Index in Huancayo
Learn more

Huancayo Living Index

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Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

Huancayo

🇵🇪 Peru

$487

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Huancayo

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

A single person spends $1,075 per month in Asuncion vs $487 in Huancayo, rent included.

Asuncion $1,075
Huancayo $487

A couple spends around $1,684 per month in Asuncion vs $823 in Huancayo, rent included.

Asuncion $1,684
Huancayo $823

A family of three spends $2,292 per month in Asuncion vs $1,159 in Huancayo, rent included.

Asuncion $2,292
Huancayo $1,159

Asuncion costs about 121% more than Huancayo, and outside of rent the biggest gap is in groceries.

Both Asuncion and Huancayo are more affordable than the global median – Asuncion 20% lower, Huancayo 64% lower.

Meal at Budget Restaurant

$7.15 ₲40.6K

$2.36 PEN 8.09

202.97%

Three-Course Dinner for Two, Mid-Range

$43.57 ₲247.8K

$34.22 PEN 118

27.32%

Fast Food Meal (McDonalds, etc)

$7.10 ₲40.4K

$7.15 PEN 24.54

-0.70%

Cappuccino

$3.51 ₲20.0K

$3.19 PEN 10.97

10.03%

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

$1.05 ₲5,980

$1.06 PEN 3.64

-0.94%

Water (0.33 liter bottle)

$0.58 ₲3,289

$0.62 PEN 2.12

-6.45%

Local Beer (0.5 liter draught)

$1.89 ₲10.8K

$2.64 PEN 9.08

-28.41%

Imported Beer (0.33 liter bottle)

$1.74 ₲9,906

$4.44 PEN 15.25

-60.81%

Milk (1 liter)

$1.29 ₲7,321

$1.15 PEN 3.95

12.17%

White Bread (500g)

$1.50 ₲8,514

$1.01 PEN 3.46

48.51%

Rice (white) (1kg)

$1.39 ₲7,922

$1.36 PEN 4.68

2.21%

Eggs

$2.48 ₲14.1K

$2.42 PEN 8.32

2.48%

Local Cheese (1kg)

$9.74 ₲55.4K

$5.35 PEN 18.38

82.06%

Chicken Fillets (1kg)

$5.19 ₲29.5K

$5.96 PEN 20.47

-12.92%

Beef Round Steak (1kg)

$10.07 ₲57.2K

$5.17 PEN 17.75

94.78%

Apples (1kg)

$2.99 ₲17.0K

$1.41 PEN 4.83

112.06%

Banana (1kg)

$1.32 ₲7,493

$1.03 PEN 3.55

28.16%

Oranges (1kg)

$1.19 ₲6,742

$0.56 PEN 1.91

112.50%

Tomato (1kg)

$2.47 ₲14.1K

$1.19 PEN 4.10

107.56%

Potato (1kg)

$1.40 ₲7,984

$0.84 PEN 2.87

66.67%

Onion (1kg)

$1.33 ₲7,562

$0.91 PEN 3.14

46.15%

Lettuce (1 head)

$0.92 ₲5,243

$0.60 PEN 2.08

53.33%

Water (1.5 liter bottle)

$0.77 ₲4,372

$0.83 PEN 2.85

-7.23%

Cigarettes 20 Pack (Marlboro, Camel)

$2.43 ₲13.8K

$5.73 PEN 19.67

-57.59%

Wine (Bottle)

$9.08 ₲51.6K

$5.11 PEN 17.54

77.69%

Local Beer (0.5 liter bottle)

$1.42 ₲8,064

$1.85 PEN 6.35

-23.24%

Imported Beer (0.33 liter bottle)

$1.79 ₲10.2K

$3.11 PEN 10.69

-42.44%

One-way Ticket (Public Transport)

$0.58 ₲3,315

$0.60 PEN 2.05

-3.33%

Public Transport Monthly Pass (Regular Price)

$37.92 ₲215.6K

$17.32 PEN 59.5

118.94%

Taxi Start (Normal Tariff)

$1.54 ₲8,735

$1.85 PEN 6.35

-16.76%

Taxi (Normal Tariff) (1km)

$1.62 ₲9,204

$2.05 PEN 7.05

-20.98%

Taxi 1hour Waiting (Normal Tariff)

$10.44 ₲59.4K

$7.08 PEN 24.33

47.46%

Gasoline (1 liter)

$1.29 ₲7,320

$1.47 PEN 5.05

-12.24%

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

$17.5K ₲99.5M

$22.2K PEN 76.2K

-21.07%

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

$35.0K ₲199.2M

$25.5K PEN 87.6K

37.43%

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

$51.5 ₲293.0K

$34.54 PEN 119

49.19%

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

$17.68 ₲100.5K

$11.79 PEN 40.49

49.96%

Internet (50+ Mbps, Unlimited Data)

$22.35 ₲127.1K

$11.69 PEN 40.14

91.19%

Gym Membership (Monthly)

$36.60 ₲208.1K

Tennis Court (1 Hour on Weekend)

$15.33 ₲87.2K

Cinema Ticket

$8.89 ₲50.6K

$7.44 PEN 25.55

19.49%

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

$190 ₲1.1M

$181 PEN 621

4.94%

International Primary School, 1 Child (Yearly)

$5,930 ₲33.7M

$13.3K PEN 45.7K

-55.45%

Jeans (Levis 501 Or Similar)

$64.7 ₲368.0K

$52.9 PEN 182

22.39%

Summer Dress (H&M, Zara, etc)

$57.9 ₲329.4K

$35.47 PEN 122

63.29%

Sport Shoes (Adidas, Nike)

$107 ₲610.0K

$84.6 PEN 290

26.83%

Men's Leather Business Shoes

$73.3 ₲416.8K

$78.7 PEN 270

-6.83%

1-bedroom Apartment, City Center (Monthly)

$645 ₲3.7M

$321 PEN 1,103

100.81%

1-bedroom Apartment, Outside City Center (Monthly)

$385 ₲2.2M

3-bedroom Apartment, City Center (Monthly)

$1,061 ₲6.0M

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

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 Huancayo: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$385 35.9%

Huancayo

- * 0% 100%

Groceries & Markets

Asuncion

$217 20.2%

Huancayo

$162 33.2% 25.5% $55

Eating Out

Asuncion

$140 13%

Huancayo

$107 22.1% 23.3% $33

Clothing & Footwear

Asuncion

$136 12.7%

Huancayo

$113 23.2% 17% $23

Monthly Utilities & Internet

Asuncion

$92 8.5%

Huancayo

$58 11.9% 36.6% $34

Sport & Entertainment

Asuncion

$54 5.1%

Huancayo

$15 * 3.1% 72.6% $40

Getting Around

Asuncion

$50 4.6%

Huancayo

$32 6.5% 36.2% $18

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 $321 in Huancayo. 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 $44.00 in Asuncion versus $34.00 in Huancayo. Monthly groceries follow the same trend: $217 vs $162 – making Huancayo the more affordable choice for daily food spending.

Good to know

🇵🇾 Asuncion

🇵🇪 Huancayo

🕒 Local time

17:01 5:01 PM

15:01 3:01 PM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

27,552

💱 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 Huancayo 2,360 km ≈ 3 h 30 min nonstop flight

From you

Asuncion
Huancayo

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 Huancayo: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 121%, 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 $731 in Huancayo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 119% less in Huancayo. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $190 per month in Asuncion and $181 in Huancayo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Huancayo, where all-in costs run around $487, than in Asuncion at $1,075. In Huancayo it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.

Families tend to lean toward Huancayo – 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 Huancayo. 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.