Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Memphis, TN

For one person, living is cheaper in Asuncion: $1,049 a month against $2,484 in Memphis, TN, rent and utilities included – about $17,200 less a year. Rent and utilities account for most of the difference.

51

Cost of Living Index in Asuncion
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Asuncion Living Index
121

Cost of Living Index in Memphis, TN
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Memphis, TN Living Index

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Asuncion

🇵🇾 Paraguay

$1,049

/mo nomad

Memphis, TN

🇺🇸 United States

$2,484

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Memphis, TN

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

A single person spends $1,049 per month in Asuncion vs $2,484 in Memphis, TN, rent included.

Asuncion $1,049
Memphis, TN $2,484

A couple spends around $1,635 per month in Asuncion vs $3,630 in Memphis, TN, rent included.

Asuncion $1,635
Memphis, TN $3,630

A family of three spends $2,221 per month in Asuncion vs $4,775 in Memphis, TN, rent included.

Asuncion $2,221
Memphis, TN $4,775

Asuncion is about 58% cheaper than Memphis, TN, and outside of rent the biggest gap is in groceries.

Asuncion sits 22% below the global median, while Memphis, TN is 85% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.66 ₲37.8K

$17.83 $17.83

-62.65%

Three-Course Dinner for Two, Mid-Range

$43.46 ₲246.7K

$74.9 $74.9

-41.97%

Fast Food Meal (McDonalds, etc)

$6.63 ₲37.6K

$12.10 $12.10

-45.21%

Cappuccino

$3.44 ₲19.5K

$5.56 $5.56

-38.13%

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

$1.07 ₲6,047

$2.39 $2.39

-55.23%

Water (0.33 liter bottle)

$0.58 ₲3,299

$1.97 $1.97

-70.56%

Local Beer (0.5 liter draught)

$1.85 ₲10.5K

$7.18 $7.18

-74.23%

Imported Beer (0.33 liter bottle)

$1.70 ₲9,643

$8.23 $8.23

-79.34%

Milk (1 liter)

$1.25 ₲7,087

$0.90 $0.90

38.89%

White Bread (500g)

$1.49 ₲8,448

$3.14 $3.14

-52.55%

Rice (white) (1kg)

$1.35 ₲7,645

$4.01 $4.01

-66.33%

Eggs

$2.32 ₲13.2K

$3.78 $3.78

-38.62%

Local Cheese (1kg)

$9.85 ₲55.9K

$13.45 $13.45

-26.77%

Chicken Fillets (1kg)

$5.20 ₲29.5K

$11.36 $11.36

-54.23%

Beef Round Steak (1kg)

$9.91 ₲56.3K

$19.44 $19.44

-49.02%

Apples (1kg)

$2.99 ₲17.0K

$5.73 $5.73

-47.82%

Banana (1kg)

$1.23 ₲6,961

$1.77 $1.77

-30.51%

Oranges (1kg)

$1.21 ₲6,866

$6.00 $6.00

-79.83%

Tomato (1kg)

$2.45 ₲13.9K

$4.83 $4.83

-49.28%

Potato (1kg)

$1.30 ₲7,405

$3.22 $3.22

-59.63%

Onion (1kg)

$1.34 ₲7,583

$4.18 $4.18

-67.94%

Lettuce (1 head)

$0.84 ₲4,746

$2.56 $2.56

-67.19%

Water (1.5 liter bottle)

$0.69 ₲3,926

$2.13 $2.13

-67.61%

Cigarettes 20 Pack (Marlboro, Camel)

$2.24 ₲12.7K

$10.63 $10.63

-78.93%

Wine (Bottle)

$9.02 ₲51.2K

$12.87 $12.87

-29.91%

Local Beer (0.5 liter bottle)

$1.33 ₲7,537

$1.79 $1.79

-25.70%

Imported Beer (0.33 liter bottle)

$1.68 ₲9,516

$1.64 $1.64

2.44%

One-way Ticket (Public Transport)

$0.57 ₲3,213

$0.97 $0.97

-41.24%

Public Transport Monthly Pass (Regular Price)

$38.02 ₲215.8K

$39.19 $39.19

-2.99%

Taxi Start (Normal Tariff)

$1.45 ₲8,222

$1.94 $1.94

-25.26%

Taxi (Normal Tariff) (1km)

$1.57 ₲8,936

$1.41 $1.41

11.35%

Taxi 1hour Waiting (Normal Tariff)

$10.04 ₲57.0K

$19.61 $19.61

-48.80%

Gasoline (1 liter)

$1.21 ₲6,842

$0.99 $0.99

22.22%

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

$16.9K ₲96.1M

$37.4K $37.4K

-54.78%

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

$35.3K ₲200.5M

$26.8K $26.8K

31.85%

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

$50.1 ₲284.3K

$186 $186

-73.09%

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

$16.94 ₲96.2K

$86.8 $86.8

-80.47%

Internet (50+ Mbps, Unlimited Data)

$21.75 ₲123.5K

$76.2 $76.2

-71.46%

Gym Membership (Monthly)

$36.50 ₲207.2K

$31.38 $31.38

16.32%

Tennis Court (1 Hour on Weekend)

$14.89 ₲84.5K

$16.72 $16.72

-10.94%

Cinema Ticket

$8.59 ₲48.8K

$15.15 $15.15

-43.30%

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

$184 ₲1.0M

$1,722 $1,722

-89.30%

International Primary School, 1 Child (Yearly)

$5,873 ₲33.3M

$25.0K $25.0K

-76.50%

Jeans (Levis 501 Or Similar)

$62.4 ₲354.4K

$47.26 $47.26

32.10%

Summer Dress (H&M, Zara, etc)

$55.4 ₲314.2K

$33.34 $33.34

66.05%

Sport Shoes (Adidas, Nike)

$104 ₲592.2K

$82.7 $82.7

26.22%

Men's Leather Business Shoes

$69.2 ₲392.6K

$152 $152

-54.57%

1-bedroom Apartment, City Center (Monthly)

$620 ₲3.5M

$1,495 $1,495

-58.48%

1-bedroom Apartment, Outside City Center (Monthly)

$373 ₲2.1M

$1,157 $1,157

-67.76%

3-bedroom Apartment, City Center (Monthly)

$1,050 ₲6.0M

$2,080 $2,080

-49.54%

3-bedroom Apartment, Outside City Center (Monthly)

$624 ₲3.5M

$1,884 $1,884

-66.86%

Buy Apartment in City Center (m2)

$1,716 ₲9.7M

$1,781 $1,781

-3.70%

Buy Apartment Outside City Center (m2)

$1,242 ₲7.0M

$1,364 $1,364

-8.94%

Average Monthly Net Salary (After Tax)

$723 ₲4.1M

$3,648 $3,648

-80.19%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.15

6.6

53.79%

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

Last update for Asuncion: October 4, 2026

Last update for Memphis, TN: October 6, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$373 35.8%

Memphis, TN

$1.2K 46.6% 210% $784

Groceries & Markets

Asuncion

$213 20.4%

Memphis, TN

$406 16.4% 90.8% $193

Eating Out

Asuncion

$134 12.8%

Memphis, TN

$316 12.7% 136% $182

Clothing & Footwear

Asuncion

$131 12.6%

Memphis, TN

$142 5.7% 8.3% $11

Monthly Utilities & Internet

Asuncion

$89 8.5%

Memphis, TN

$349 14.1% 293% $260

Sport & Entertainment

Asuncion

$54 5.2%

Memphis, TN

$62 2.5% 14.9% $8

Getting Around

Asuncion

$50 4.8%

Memphis, TN

$52 2.1% 5% $2.5

Cost Breakdown

A central one-bedroom costs $620 in Asuncion versus $1,495 in Memphis, TN. 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 405% higher in Memphis, TN, 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 $75.0 in Memphis, TN. Monthly groceries follow the same trend: $213 vs $406 – making Asuncion the more affordable choice for daily food spending.

Good to know

🇵🇾 Asuncion

🇺🇸 Memphis, TN

🕒 Local time

04:31 4:31 AM

02:31 2:31 AM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

633,104

💱 Currency

Paraguayan Guarani PYG ₲

United States Dollar USD $

📈 Exchange rate

10,000 PYG = 1.76 USD

10,000 PYG = 1.57 EUR

1 USD = 0.892 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 10, 2026: 1 USD = 5,676 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,366 PYG (10,000 PYG = 1.57 EUR).

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

USD to PYG in detail →

On the map

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Between locations

Asuncion Memphis, TN 7,540 km ≈ 10 h nonstop flight

From you

Asuncion
Memphis, TN

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 Memphis, TN: Cost of Living - Frequently Asked Questions

Yes – Memphis, TN is pricier by about 137%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,574 per month in Asuncion and $3,726 in Memphis, TN. 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 3% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $184 per month in Asuncion and $1,722 in Memphis, TN. 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 $1,049, than in Memphis, TN at $2,484. In Asuncion it covers expenses comfortably, while in Memphis, TN 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, Memphis, TN makes more sense. Both are solid long-term options with distinct trade-offs.