Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Lima

For one person, living is cheaper in Lima: $996 a month against $1,049 in Asuncion, rent and utilities included – about $640 less a year. Rent and utilities account for about half of the difference.

51

Cost of Living Index in Asuncion
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Asuncion Living Index
49

Cost of Living Index in Lima
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Lima Living Index

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Asuncion

🇵🇾 Paraguay

$1,049

/mo nomad

Lima

🇵🇪 Peru

$996

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Lima

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

A single person spends $1,049 per month in Asuncion vs $996 in Lima, rent included.

Asuncion $1,049
Lima $996

A couple spends around $1,635 per month in Asuncion vs $1,594 in Lima, rent included.

Asuncion $1,635
Lima $1,594

A family of three spends $2,221 per month in Asuncion vs $2,191 in Lima, rent included.

Asuncion $2,221
Lima $2,191

Asuncion costs about 5% more than Lima, and outside of rent the biggest gap is in clothing.

Both Asuncion and Lima are more affordable than the global median – Asuncion 22% lower, Lima 26% lower.

Meal at Budget Restaurant

$6.66 ₲38.1K

$4.42 PEN 15.21

50.68%

Three-Course Dinner for Two, Mid-Range

$43.46 ₲248.7K

$35.04 PEN 121

24.03%

Fast Food Meal (McDonalds, etc)

$6.63 ₲37.9K

$6.84 PEN 23.52

-3.07%

Cappuccino

$3.44 ₲19.7K

$3.27 PEN 11.26

5.20%

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

$1.07 ₲6,096

$1.10 PEN 3.80

-2.73%

Water (0.33 liter bottle)

$0.58 ₲3,325

$0.65 PEN 2.23

-10.77%

Local Beer (0.5 liter draught)

$1.85 ₲10.6K

$2.58 PEN 8.88

-28.29%

Imported Beer (0.33 liter bottle)

$1.70 ₲9,721

$4.47 PEN 15.39

-61.97%

Milk (1 liter)

$1.25 ₲7,144

$1.59 PEN 5.48

-21.38%

White Bread (500g)

$1.49 ₲8,516

$2.58 PEN 8.89

-42.25%

Rice (white) (1kg)

$1.35 ₲7,707

$1.36 PEN 4.67

-0.74%

Eggs

$2.32 ₲13.3K

$2.95 PEN 10.14

-21.36%

Local Cheese (1kg)

$9.85 ₲56.4K

$9.10 PEN 31.30

8.24%

Chicken Fillets (1kg)

$5.20 ₲29.8K

$5.81 PEN 19.98

-10.50%

Beef Round Steak (1kg)

$9.91 ₲56.7K

$9.83 PEN 33.80

0.81%

Apples (1kg)

$2.99 ₲17.1K

$2.01 PEN 6.92

48.76%

Banana (1kg)

$1.23 ₲7,017

$1.08 PEN 3.70

13.89%

Oranges (1kg)

$1.21 ₲6,921

$1.37 PEN 4.71

-11.68%

Tomato (1kg)

$2.45 ₲14.0K

$1.48 PEN 5.08

65.54%

Potato (1kg)

$1.30 ₲7,464

$0.96 PEN 3.32

35.42%

Onion (1kg)

$1.34 ₲7,644

$0.85 PEN 2.93

57.65%

Lettuce (1 head)

$0.84 ₲4,784

$0.88 PEN 3.03

-4.55%

Water (1.5 liter bottle)

$0.69 ₲3,957

$0.87 PEN 2.98

-20.69%

Cigarettes 20 Pack (Marlboro, Camel)

$2.24 ₲12.8K

$5.90 PEN 20.31

-62.03%

Wine (Bottle)

$9.02 ₲51.6K

$8.81 PEN 30.31

2.38%

Local Beer (0.5 liter bottle)

$1.33 ₲7,597

$1.92 PEN 6.59

-30.73%

Imported Beer (0.33 liter bottle)

$1.68 ₲9,593

$3.20 PEN 11.02

-47.50%

One-way Ticket (Public Transport)

$0.57 ₲3,238

$0.68 PEN 2.33

-16.18%

Public Transport Monthly Pass (Regular Price)

$38.02 ₲217.5K

$26.74 PEN 92.0

42.18%

Taxi Start (Normal Tariff)

$1.45 ₲8,289

$3.81 PEN 13.10

-61.94%

Taxi (Normal Tariff) (1km)

$1.57 ₲9,008

$2.04 PEN 7.02

-23.04%

Taxi 1hour Waiting (Normal Tariff)

$10.04 ₲57.4K

$7.14 PEN 24.57

40.62%

Gasoline (1 liter)

$1.21 ₲6,897

$1.65 PEN 5.67

-26.67%

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

$16.9K ₲96.9M

$22.2K PEN 76.3K

-23.66%

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

$35.3K ₲202.2M

$25.7K PEN 88.3K

37.64%

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

$50.1 ₲286.6K

$73.0 PEN 251

-31.43%

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

$16.94 ₲96.9K

$16.26 PEN 55.9

4.18%

Internet (50+ Mbps, Unlimited Data)

$21.75 ₲124.5K

$27.60 PEN 94.9

-21.20%

Gym Membership (Monthly)

$36.50 ₲208.9K

$33.07 PEN 114

10.37%

Tennis Court (1 Hour on Weekend)

$14.89 ₲85.2K

$19.49 PEN 67.1

-23.60%

Cinema Ticket

$8.59 ₲49.2K

$7.39 PEN 25.41

16.24%

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

$184 ₲1.1M

$182 PEN 626

1.22%

International Primary School, 1 Child (Yearly)

$5,873 ₲33.6M

$13.3K PEN 45.8K

-55.91%

Jeans (Levis 501 Or Similar)

$62.4 ₲357.2K

$52.6 PEN 181

18.78%

Summer Dress (H&M, Zara, etc)

$55.4 ₲316.8K

$34.23 PEN 118

61.73%

Sport Shoes (Adidas, Nike)

$104 ₲597.0K

$83.8 PEN 288

24.56%

Men's Leather Business Shoes

$69.2 ₲395.8K

$79.0 PEN 272

-12.47%

1-bedroom Apartment, City Center (Monthly)

$620 ₲3.6M

$723 PEN 2,488

-14.21%

1-bedroom Apartment, Outside City Center (Monthly)

$373 ₲2.1M

$340 PEN 1,170

9.71%

3-bedroom Apartment, City Center (Monthly)

$1,050 ₲6.0M

$1,184 PEN 4,074

-11.36%

3-bedroom Apartment, Outside City Center (Monthly)

$624 ₲3.6M

$635 PEN 2,183

-1.65%

Buy Apartment in City Center (m2)

$1,716 ₲9.8M

$2,449 PEN 8,423

-29.94%

Buy Apartment Outside City Center (m2)

$1,242 ₲7.1M

$1,372 PEN 4,718

-9.47%

Average Monthly Net Salary (After Tax)

$723 ₲4.1M

$653 PEN 2,245

10.76%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.15

8.94

13.53%

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

Last update for Asuncion: October 4, 2026

Last update for Lima: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$373 35.8%

Lima

$340 33.6% 8.8% $33

Groceries & Markets

Asuncion

$213 20.4%

Lima

$226 22.4% 6.3% $13

Eating Out

Asuncion

$134 12.8%

Lima

$124 12.3% 7.1% $9.5

Clothing & Footwear

Asuncion

$131 12.6%

Lima

$112 11.1% 14.3% $19

Monthly Utilities & Internet

Asuncion

$89 8.5%

Lima

$117 11.6% 31.7% $28

Sport & Entertainment

Asuncion

$54 5.2%

Lima

$48 4.7% 10.9% $5.8

Getting Around

Asuncion

$50 4.8%

Lima

$43 4.3% 12.3% $6.1

Cost Breakdown

A central one-bedroom costs $620 in Asuncion versus $723 in Lima. 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 11% 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 $35.00 in Lima. Groceries tell a different story – $213 in Asuncion vs $226 in Lima – so Asuncion wins on supermarket bills even if dining out costs more.

Good to know

🇵🇾 Asuncion

🇵🇪 Lima

🕒 Local time

22:04 10:04 PM

20:04 8:04 PM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

9,989,369 Capital

💱 Currency

Paraguayan Guarani PYG ₲

Peruvian Sol PEN S/

📈 Exchange rate

10,000 PYG = 1.75 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 10, 2026: 1 USD = 5,722 PYG (10,000 PYG = 1.75 USD). 1 EUR = 6,418 PYG (10,000 PYG = 1.56 EUR).

Peruvian Sol exchange rates as of October 10, 2026: 1 USD = 3.44 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 Lima 2,510 km ≈ 3 h 45 min nonstop flight

From you

Asuncion
Lima

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 Lima: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 5%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $1,574 per month in Asuncion and $1,494 in Lima. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 42% less in Lima. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $184 per month in Asuncion and $182 in Lima. 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 Lima, where all-in costs run around $996, than in Asuncion at $1,049. In Lima it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.

Families tend to lean toward Lima – 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 Lima. 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.