Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Latacunga

For one person, living is cheaper in Latacunga: $782 a month against $1,075 in Asuncion, rent and utilities included – about $3,500 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
38

Cost of Living Index in Latacunga
Learn more

Latacunga Living Index

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Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

Latacunga

🇪🇨 Ecuador

$782

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Latacunga

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

A single person spends $1,075 per month in Asuncion vs $782 in Latacunga, rent included.

Asuncion $1,075
Latacunga $782

A couple spends around $1,684 per month in Asuncion vs $1,269 in Latacunga, rent included.

Asuncion $1,684
Latacunga $1,269

A family of three spends $2,292 per month in Asuncion vs $1,756 in Latacunga, rent included.

Asuncion $2,292
Latacunga $1,756

Asuncion costs about 38% more than Latacunga, and outside of rent the biggest gap is in groceries.

Both Asuncion and Latacunga are more affordable than the global median – Asuncion 20% lower, Latacunga 42% lower.

Meal at Budget Restaurant

$7.15 ₲40.6K

$2.55 $2.55

180.39%

Three-Course Dinner for Two, Mid-Range

$43.57 ₲247.7K

$28.41 $28.41

53.36%

Fast Food Meal (McDonalds, etc)

$7.10 ₲40.4K

$9.03 $9.03

-21.37%

Cappuccino

$3.51 ₲20.0K

$2.79 $2.79

25.81%

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

$1.05 ₲5,977

$0.87 $0.87

20.69%

Water (0.33 liter bottle)

$0.58 ₲3,288

$0.48 $0.48

20.83%

Local Beer (0.5 liter draught)

$1.89 ₲10.8K

$3.05 $3.05

-38.03%

Imported Beer (0.33 liter bottle)

$1.74 ₲9,902

$4.28 $4.28

-59.35%

Milk (1 liter)

$1.29 ₲7,318

$1.18 $1.18

9.32%

White Bread (500g)

$1.50 ₲8,510

$2.01 $2.01

-25.37%

Rice (white) (1kg)

$1.39 ₲7,919

$0.98 $0.98

41.84%

Eggs

$2.48 ₲14.1K

$1.75 $1.75

41.71%

Local Cheese (1kg)

$9.74 ₲55.4K

$4.87 $4.87

100.00%

Chicken Fillets (1kg)

$5.19 ₲29.5K

$5.09 $5.09

1.96%

Beef Round Steak (1kg)

$10.07 ₲57.2K

$9.37 $9.37

7.47%

Apples (1kg)

$2.99 ₲17.0K

$1.49 $1.49

100.67%

Banana (1kg)

$1.32 ₲7,490

$1.18 $1.18

11.86%

Oranges (1kg)

$1.19 ₲6,739

$1.03 $1.03

15.53%

Tomato (1kg)

$2.47 ₲14.1K

$0.96 $0.96

157.29%

Potato (1kg)

$1.40 ₲7,981

$1.03 $1.03

35.92%

Onion (1kg)

$1.33 ₲7,559

$0.91 $0.91

46.15%

Lettuce (1 head)

$0.92 ₲5,240

$0.52 $0.52

76.92%

Water (1.5 liter bottle)

$0.77 ₲4,370

$1.02 $1.02

-24.51%

Cigarettes 20 Pack (Marlboro, Camel)

$2.43 ₲13.8K

$5.90 $5.90

-58.81%

Wine (Bottle)

$9.08 ₲51.6K

$10.09 $10.09

-10.01%

Local Beer (0.5 liter bottle)

$1.42 ₲8,061

$1.46 $1.46

-2.74%

Imported Beer (0.33 liter bottle)

$1.79 ₲10.2K

$2.22 $2.22

-19.37%

One-way Ticket (Public Transport)

$0.58 ₲3,314

$0.37 $0.37

56.76%

Public Transport Monthly Pass (Regular Price)

$37.92 ₲215.5K

$16.94 $16.94

123.85%

Taxi Start (Normal Tariff)

$1.54 ₲8,731

$1.32 $1.32

16.67%

Taxi (Normal Tariff) (1km)

$1.62 ₲9,200

$1.78 $1.78

-8.99%

Taxi 1hour Waiting (Normal Tariff)

$10.44 ₲59.3K

$12.05 $12.05

-13.36%

Gasoline (1 liter)

$1.29 ₲7,316

$0.66 $0.66

95.45%

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

$17.5K ₲99.5M

$20.7K $20.7K

-15.45%

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

$35.0K ₲199.2M

$31.3K $31.3K

12.11%

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

$51.5 ₲292.9K

$39.72 $39.72

29.73%

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

$17.68 ₲100.5K

$14.95 $14.95

18.26%

Internet (50+ Mbps, Unlimited Data)

$22.35 ₲127.0K

$26.59 $26.59

-15.95%

Gym Membership (Monthly)

$36.60 ₲208.1K

$27.47 $27.47

33.24%

Tennis Court (1 Hour on Weekend)

$15.33 ₲87.2K

$17.83 $17.83

-14.02%

Cinema Ticket

$8.89 ₲50.6K

$7.57 $7.57

17.44%

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

$190 ₲1.1M

$378 $378

-49.87%

International Primary School, 1 Child (Yearly)

$5,930 ₲33.7M

$5,776 $5,776

2.67%

Jeans (Levis 501 Or Similar)

$64.7 ₲367.9K

$64.5 $64.5

0.37%

Summer Dress (H&M, Zara, etc)

$57.9 ₲329.2K

$40.29 $40.29

43.76%

Sport Shoes (Adidas, Nike)

$107 ₲609.7K

$126 $126

-15.08%

Men's Leather Business Shoes

$73.3 ₲416.6K

$91.6 $91.6

-20.00%

1-bedroom Apartment, City Center (Monthly)

$645 ₲3.7M

$295 $295

118.55%

1-bedroom Apartment, Outside City Center (Monthly)

$385 ₲2.2M

$188 $188

104.66%

3-bedroom Apartment, City Center (Monthly)

$1,061 ₲6.0M

$723 $723

46.81%

3-bedroom Apartment, Outside City Center (Monthly)

$654 ₲3.7M

$407 $407

60.75%

Buy Apartment in City Center (m2)

$1,715 ₲9.7M

$1,068 $1,068

60.50%

Buy Apartment Outside City Center (m2)

$1,205 ₲6.8M

$739 $739

63.12%

Average Monthly Net Salary (After Tax)

$747 ₲4.2M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.5

5.00%

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

Last update for Asuncion: October 11, 2026

Last update for Latacunga: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$385 35.9%

Latacunga

$188 24.1% 51.1% $197

Groceries & Markets

Asuncion

$217 20.2%

Latacunga

$186 23.7% 14.6% $32

Eating Out

Asuncion

$140 13%

Latacunga

$110 14.1% 21.3% $30

Clothing & Footwear

Asuncion

$136 12.7%

Latacunga

$145 18.6% 6.4% $8.8

Monthly Utilities & Internet

Asuncion

$92 8.5%

Latacunga

$81 10.4% 11.2% $10

Sport & Entertainment

Asuncion

$54 5.1%

Latacunga

$43 5.5% 21.7% $12

Getting Around

Asuncion

$50 4.6%

Latacunga

$29 3.7% 42.7% $21

Cost Breakdown

A central one-bedroom costs $645 in Asuncion versus $295 in Latacunga. 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 $28.00 in Latacunga. Monthly groceries follow the same trend: $217 vs $186 – making Latacunga the more affordable choice for daily food spending.

Good to know

🇵🇾 Asuncion

🇪🇨 Latacunga

🕒 Local time

15:30 3:30 PM

13:30 1:30 PM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

57,127

💱 Currency

Paraguayan Guarani PYG ₲

United States Dollar USD $

📈 Exchange rate

10,000 PYG = 1.76 USD

10,000 PYG = 1.57 EUR

1 USD = 0.893 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 15, 2026: 1 USD = 5,684 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,365 PYG (10,000 PYG = 1.57 EUR).

United States Dollar exchange rates as of October 15, 2026: 1 EUR = 1.12 USD (1 USD = 0.893 EUR).

USD to PYG in detail →

On the map

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Highest

Between locations

Asuncion Latacunga 3,520 km ≈ 5 h nonstop flight

From you

Asuncion
Latacunga

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 Latacunga: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 38%, 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 $1,173 in Latacunga. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 124% less in Latacunga. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $190 per month in Asuncion and $378 in Latacunga. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Latacunga, where all-in costs run around $782, than in Asuncion at $1,075. In Latacunga it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.

Families tend to lean toward Latacunga – 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 Latacunga. 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.