Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Ibague

For one person, living costs are similar in Asuncion and in Ibague: $1,075 and $1,115 a month, rent and utilities included.

52

Cost of Living Index in Asuncion
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Asuncion Living Index
54

Cost of Living Index in Ibague
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Ibague Living Index

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Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

Ibague

🇨🇴 Colombia

$1,115

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Ibague

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

A single person spends $1,075 per month in Asuncion vs $1,115 in Ibague, rent included.

Asuncion $1,075
Ibague $1,115

A couple spends around $1,684 per month in Asuncion vs $1,770 in Ibague, rent included.

Asuncion $1,684
Ibague $1,770

A family of three spends $2,292 per month in Asuncion vs $2,426 in Ibague, rent included.

Asuncion $2,292
Ibague $2,426

Asuncion is about 4% cheaper than Ibague, and outside of rent the biggest gap is in clothing.

Both Asuncion and Ibague are more affordable than the global median – Asuncion 20% lower, Ibague 17% lower.

Meal at Budget Restaurant

$7.15 ₲40.6K

$7.68 COP 24.3K

-6.90%

Three-Course Dinner for Two, Mid-Range

$43.57 ₲247.8K

$42.39 COP 134.4K

2.78%

Fast Food Meal (McDonalds, etc)

$7.10 ₲40.4K

$7.78 COP 24.7K

-8.74%

Cappuccino

$3.51 ₲20.0K

$1.60 COP 5,066

119.37%

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

$1.05 ₲5,980

$1.11 COP 3,527

-5.41%

Water (0.33 liter bottle)

$0.58 ₲3,289

$0.75 COP 2,387

-22.67%

Local Beer (0.5 liter draught)

$1.89 ₲10.8K

$1.42 COP 4,513

33.10%

Imported Beer (0.33 liter bottle)

$1.74 ₲9,906

$3.98 COP 12.6K

-56.28%

Milk (1 liter)

$1.29 ₲7,321

$1.08 COP 3,412

19.44%

White Bread (500g)

$1.50 ₲8,514

$2.50 COP 7,921

-40.00%

Rice (white) (1kg)

$1.39 ₲7,922

$1.16 COP 3,664

19.83%

Eggs

$2.48 ₲14.1K

$2.19 COP 6,957

13.24%

Local Cheese (1kg)

$9.74 ₲55.4K

$8.03 COP 25.5K

21.30%

Chicken Fillets (1kg)

$5.19 ₲29.5K

$6.63 COP 21.0K

-21.72%

Beef Round Steak (1kg)

$10.07 ₲57.2K

$9.69 COP 30.7K

3.92%

Apples (1kg)

$2.99 ₲17.0K

$3.42 COP 10.8K

-12.57%

Banana (1kg)

$1.32 ₲7,493

$0.92 COP 2,911

43.48%

Oranges (1kg)

$1.19 ₲6,742

$1.41 COP 4,484

-15.60%

Tomato (1kg)

$2.47 ₲14.1K

$1.80 COP 5,722

37.22%

Potato (1kg)

$1.40 ₲7,984

$0.80 COP 2,532

75.00%

Onion (1kg)

$1.33 ₲7,562

$0.75 COP 2,363

77.33%

Lettuce (1 head)

$0.92 ₲5,243

$0.80 COP 2,544

15.00%

Water (1.5 liter bottle)

$0.77 ₲4,372

$1.20 COP 3,798

-35.83%

Cigarettes 20 Pack (Marlboro, Camel)

$2.43 ₲13.8K

$4.34 COP 13.8K

-44.01%

Wine (Bottle)

$9.08 ₲51.6K

$12.68 COP 40.2K

-28.39%

Local Beer (0.5 liter bottle)

$1.42 ₲8,064

$1.39 COP 4,418

2.16%

Imported Beer (0.33 liter bottle)

$1.79 ₲10.2K

$2.87 COP 9,109

-37.63%

One-way Ticket (Public Transport)

$0.58 ₲3,315

$1.05 COP 3,321

-44.76%

Public Transport Monthly Pass (Regular Price)

$37.92 ₲215.6K

$62.5 COP 198.0K

-39.28%

Taxi Start (Normal Tariff)

$1.54 ₲8,735

$1.37 COP 4,340

12.41%

Taxi (Normal Tariff) (1km)

$1.62 ₲9,204

$0.35 COP 1,118

362.86%

Taxi 1hour Waiting (Normal Tariff)

$10.44 ₲59.4K

$2.15 COP 6,802

385.58%

Gasoline (1 liter)

$1.29 ₲7,320

$1.32 COP 4,185

-2.27%

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

$17.5K ₲99.5M

$20.3K COP 64.5M

-13.96%

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

$35.0K ₲199.2M

$36.1K COP 114.5M

-2.95%

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

$51.5 ₲293.0K

$40.84 COP 129.5K

26.18%

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

$17.68 ₲100.5K

$9.56 COP 30.3K

84.94%

Internet (50+ Mbps, Unlimited Data)

$22.35 ₲127.1K

$13.89 COP 44.0K

60.91%

Gym Membership (Monthly)

$36.60 ₲208.1K

$27.47 COP 87.1K

33.24%

Tennis Court (1 Hour on Weekend)

$15.33 ₲87.2K

Cinema Ticket

$8.89 ₲50.6K

$4.77 COP 15.1K

86.37%

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

$190 ₲1.1M

$502 COP 1.6M

-62.21%

International Primary School, 1 Child (Yearly)

$5,930 ₲33.7M

$7,436 COP 23.6M

-20.25%

Jeans (Levis 501 Or Similar)

$64.7 ₲368.0K

$25.07 COP 79.5K

158.16%

Summer Dress (H&M, Zara, etc)

$57.9 ₲329.4K

$48.53 COP 153.9K

19.35%

Sport Shoes (Adidas, Nike)

$107 ₲610.0K

$78.6 COP 249.2K

36.49%

Men's Leather Business Shoes

$73.3 ₲416.8K

$105 COP 333.4K

-30.30%

1-bedroom Apartment, City Center (Monthly)

$645 ₲3.7M

$651 COP 2.1M

-0.90%

1-bedroom Apartment, Outside City Center (Monthly)

$385 ₲2.2M

$469 COP 1.5M

-17.87%

3-bedroom Apartment, City Center (Monthly)

$1,061 ₲6.0M

$1,007 COP 3.2M

5.35%

3-bedroom Apartment, Outside City Center (Monthly)

$654 ₲3.7M

$888 COP 2.8M

-26.38%

Buy Apartment in City Center (m2)

$1,715 ₲9.8M

$1,965 COP 6.2M

-12.72%

Buy Apartment Outside City Center (m2)

$1,205 ₲6.9M

$1,656 COP 5.2M

-27.23%

Average Monthly Net Salary (After Tax)

$747 ₲4.2M

$616 COP 2.0M

21.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.5

12.81

-18.03%

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

Last update for Asuncion: October 11, 2026

Last update for Ibague: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$385 35.9%

Ibague

$469 42.1% 21.8% $84

Groceries & Markets

Asuncion

$217 20.2%

Ibague

$232 20.8% 6.9% $15

Eating Out

Asuncion

$140 13%

Ibague

$126 11.4% 9.7% $14

Clothing & Footwear

Asuncion

$136 12.7%

Ibague

$116 10.4% 15.1% $21

Monthly Utilities & Internet

Asuncion

$92 8.5%

Ibague

$64 5.8% 29.8% $27

Sport & Entertainment

Asuncion

$54 5.1%

Ibague

$37 3.3% 32% $17

Getting Around

Asuncion

$50 4.6%

Ibague

$70 6.3% 39.9% $20

Cost Breakdown

A central one-bedroom costs $645 in Asuncion versus $651 in Ibague. 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 21% 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 $42.00 in Ibague. Groceries tell a different story – $217 in Asuncion vs $232 in Ibague – so Asuncion wins on supermarket bills even if dining out costs more.

Good to know

🇵🇾 Asuncion

🇨🇴 Ibague

🕒 Local time

10:54 10:54 AM

08:54 8:54 AM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

530,000

💱 Currency

Paraguayan Guarani PYG ₲

Colombian Peso COP $

📈 Exchange rate

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 EUR

10,000 COP = 3.15 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 19, 2026: 1 USD = 5,686 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,393 PYG (10,000 PYG = 1.56 EUR).

Colombian Peso exchange rates as of October 19, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to PYG in detail →

On the map

Lowest

Highest

Between locations

Asuncion Ibague 3,810 km ≈ 5 h nonstop flight

From you

Asuncion
Ibague

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 Ibague: Cost of Living - Frequently Asked Questions

Yes – Ibague is pricier by about 4%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $1,613 per month in Asuncion and $1,672 in Ibague. 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 65% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $190 per month in Asuncion and $502 in Ibague. 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 Ibague at $1,115. In Asuncion it covers expenses comfortably, while in Ibague 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, Ibague makes more sense. Both are solid long-term options with distinct trade-offs.