Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Ibarra

For one person, living is cheaper in Ibarra: $681 a month against $1,069 in Asuncion, rent and utilities included – about $4,700 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
33

Cost of Living Index in Ibarra
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Ibarra Living Index

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Asuncion

🇵🇾 Paraguay

$1,069

/mo nomad

Ibarra

🇪🇨 Ecuador

$681

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Ibarra

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

A single person spends $1,069 per month in Asuncion vs $681 in Ibarra, rent included.

Asuncion $1,069
Ibarra $681

A couple spends around $1,673 per month in Asuncion vs $1,128 in Ibarra, rent included.

Asuncion $1,673
Ibarra $1,128

A family of three spends $2,277 per month in Asuncion vs $1,576 in Ibarra, rent included.

Asuncion $2,277
Ibarra $1,576

Asuncion costs about 57% more than Ibarra, and outside of rent the biggest gap is in eating out.

Both Asuncion and Ibarra are more affordable than the global median – Asuncion 21% lower, Ibarra 50% lower.

Meal at Budget Restaurant

$7.09 ₲40.3K

$2.55 $2.55

178.04%

Three-Course Dinner for Two, Mid-Range

$43.29 ₲246.1K

$25.47 $25.47

69.96%

Fast Food Meal (McDonalds, etc)

$6.81 ₲38.7K

$5.77 $5.77

18.02%

Cappuccino

$3.40 ₲19.3K

$2.19 $2.19

55.25%

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

$1.06 ₲6,005

$1.08 $1.08

-1.85%

Water (0.33 liter bottle)

$0.59 ₲3,381

$0.54 $0.54

9.26%

Local Beer (0.5 liter draught)

$1.89 ₲10.7K

$1.98 $1.98

-4.55%

Imported Beer (0.33 liter bottle)

$1.79 ₲10.2K

$2.19 $2.19

-18.26%

Milk (1 liter)

$1.27 ₲7,227

$1.00 $1.00

27.00%

White Bread (500g)

$1.46 ₲8,317

$1.01 $1.01

44.55%

Rice (white) (1kg)

$1.37 ₲7,771

$1.49 $1.49

-8.05%

Eggs

$2.49 ₲14.1K

$2.08 $2.08

19.71%

Local Cheese (1kg)

$9.72 ₲55.2K

$3.83 $3.83

153.79%

Chicken Fillets (1kg)

$5.43 ₲30.9K

$5.59 $5.59

-2.86%

Beef Round Steak (1kg)

$10.00 ₲56.9K

$7.69 $7.69

30.04%

Apples (1kg)

$2.94 ₲16.7K

$2.03 $2.03

44.83%

Banana (1kg)

$1.26 ₲7,174

$1.24 $1.24

1.61%

Oranges (1kg)

$1.19 ₲6,792

$1.27 $1.27

-6.30%

Tomato (1kg)

$2.53 ₲14.4K

$0.86 $0.86

194.19%

Potato (1kg)

$1.35 ₲7,674

$0.52 $0.52

159.62%

Onion (1kg)

$1.29 ₲7,360

$1.03 $1.03

25.24%

Lettuce (1 head)

$0.87 ₲4,965

$0.69 $0.69

26.09%

Water (1.5 liter bottle)

$0.73 ₲4,128

$0.99 $0.99

-26.26%

Cigarettes 20 Pack (Marlboro, Camel)

$2.41 ₲13.7K

$2.91 $2.91

-17.18%

Wine (Bottle)

$9.47 ₲53.8K

$9.84 $9.84

-3.76%

Local Beer (0.5 liter bottle)

$1.41 ₲7,998

$1.58 $1.58

-10.76%

Imported Beer (0.33 liter bottle)

$1.72 ₲9,755

$3.19 $3.19

-46.08%

One-way Ticket (Public Transport)

$0.62 ₲3,508

$0.36 $0.36

72.22%

Public Transport Monthly Pass (Regular Price)

$37.61 ₲213.8K

$17.86 $17.86

110.58%

Taxi Start (Normal Tariff)

$1.53 ₲8,710

$1.47 $1.47

4.08%

Taxi (Normal Tariff) (1km)

$1.53 ₲8,700

$1.54 $1.54

-0.65%

Taxi 1hour Waiting (Normal Tariff)

$10.61 ₲60.3K

$9.90 $9.90

7.17%

Gasoline (1 liter)

$1.28 ₲7,274

$0.68 $0.68

88.24%

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

$17.5K ₲99.5M

$20.7K $20.7K

-15.43%

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

$29.4K ₲167.2M

$28.8K $28.8K

2.23%

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

$49.78 ₲283.0K

$28.49 $28.49

74.73%

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

$17.74 ₲100.9K

$15.03 $15.03

18.03%

Internet (50+ Mbps, Unlimited Data)

$22.69 ₲129.0K

$18.15 $18.15

25.01%

Gym Membership (Monthly)

$36.22 ₲205.9K

$30.39 $30.39

19.18%

Tennis Court (1 Hour on Weekend)

$15.06 ₲85.7K

$16.34 $16.34

-7.83%

Cinema Ticket

$8.67 ₲49.3K

$6.21 $6.21

39.61%

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

$189 ₲1.1M

$112 $112

68.50%

International Primary School, 1 Child (Yearly)

$5,686 ₲32.3M

$8,951 $8,951

-36.48%

Jeans (Levis 501 Or Similar)

$64.1 ₲364.5K

$59.1 $59.1

8.42%

Summer Dress (H&M, Zara, etc)

$56.7 ₲322.2K

$44.78 $44.78

26.53%

Sport Shoes (Adidas, Nike)

$106 ₲603.5K

$91.5 $91.5

16.01%

Men's Leather Business Shoes

$71.6 ₲406.8K

$49.31 $49.31

45.10%

1-bedroom Apartment, City Center (Monthly)

$624 ₲3.6M

$223 $223

180.39%

1-bedroom Apartment, Outside City Center (Monthly)

$387 ₲2.2M

$177 $177

118.98%

3-bedroom Apartment, City Center (Monthly)

$1,057 ₲6.0M

$733 $733

44.16%

3-bedroom Apartment, Outside City Center (Monthly)

$656 ₲3.7M

$409 $409

60.13%

Buy Apartment in City Center (m2)

$1,733 ₲9.9M

$1,199 $1,199

44.48%

Buy Apartment Outside City Center (m2)

$1,228 ₲7.0M

$770 $770

59.46%

Average Monthly Net Salary (After Tax)

$721 ₲4.1M

$612 $612

17.81%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.5

10.12

3.75%

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

Last update for Asuncion: October 19, 2026

Last update for Ibarra: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$387 36.2%

Ibarra

$177 26% 54.3% $210

Groceries & Markets

Asuncion

$217 20.3%

Ibarra

$176 25.9% 18.9% $41

Eating Out

Asuncion

$138 12.9%

Ibarra

$85 12.5% 38.4% $53

Clothing & Footwear

Asuncion

$134 12.6%

Ibarra

$110 16.2% 18% $24

Monthly Utilities & Internet

Asuncion

$90 8.4%

Ibarra

$62 9.1% 31.6% $29

Sport & Entertainment

Asuncion

$54 5%

Ibarra

$43 6.3% 20.1% $11

Getting Around

Asuncion

$49 4.6%

Ibarra

$29 4.2% 42.1% $21

Cost Breakdown

A central one-bedroom costs $624 in Asuncion versus $223 in Ibarra. 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 18% 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 $43.00 in Asuncion versus $25.00 in Ibarra. Monthly groceries follow the same trend: $217 vs $176 – making Ibarra the more affordable choice for daily food spending.

Good to know

🇵🇾 Asuncion

🇪🇨 Ibarra

🕒 Local time

13:53 1:53 PM

11:53 11:53 AM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

108,666

💱 Currency

Paraguayan Guarani PYG ₲

United States Dollar USD $

📈 Exchange rate

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to PYG – Paraguayan Guarani Converter

🇺🇸 United States Dollar ($)

🇵🇾 Paraguayan Guarani (₲)

Paraguayan Guarani exchange rates as of October 20, 2026: 1 USD = 5,686 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,393 PYG (10,000 PYG = 1.56 EUR).

United States Dollar exchange rates as of October 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to PYG in detail →

On the map

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Between locations

Asuncion Ibarra 3,600 km ≈ 5 h nonstop flight

From you

Asuncion
Ibarra

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 Ibarra: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 57%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,603 per month in Asuncion and $1,021 in Ibarra. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 111% less in Ibarra. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $189 per month in Asuncion and $112 in Ibarra. 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 Ibarra, where all-in costs run around $681, than in Asuncion at $1,069. In Ibarra it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.

Families tend to lean toward Ibarra – 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 Ibarra. 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.