Last update: Nov 2026

Cost of Living Comparison Between Asuncion and Summit, NJ

For one person, living is cheaper in Asuncion: $1,032 a month against $3,876 in Summit, NJ, rent and utilities included – about $34,100 less a year. Rent and utilities account for most of the difference.

50

Cost of Living Index in Asuncion
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Asuncion Living Index
187

Cost of Living Index in Summit, NJ
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Summit, NJ Living Index

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Asuncion

🇵🇾 Paraguay

$1,032

/mo nomad

Summit, NJ

🇺🇸 United States

$3,876

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Summit, NJ

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

A single person spends $1,032 per month in Asuncion vs $3,876 in Summit, NJ, rent included.

Asuncion $1,032
Summit, NJ $3,876

A couple spends around $1,625 per month in Asuncion vs $6,026 in Summit, NJ, rent included.

Asuncion $1,625
Summit, NJ $6,026

A family of three spends $2,217 per month in Asuncion vs $8,176 in Summit, NJ, rent included.

Asuncion $2,217
Summit, NJ $8,176

Asuncion is about 73% cheaper than Summit, NJ, and outside of rent the biggest gap is in groceries.

Asuncion sits 24% below the global median, while Summit, NJ is 187% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.19 ₲45.7K

$24.87 $24.87

-71.09%

Three-Course Dinner for Two, Mid-Range

$42.94 ₲273.0K

$98.4 $98.4

-56.34%

Fast Food Meal (McDonalds, etc)

$6.58 ₲41.9K

$10.83 $10.83

-39.24%

Cappuccino

$3.28 ₲20.9K

$5.41 $5.41

-39.37%

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

$1.01 ₲6,391

$2.12 $2.12

-52.36%

Water (0.33 liter bottle)

$0.55 ₲3,521

$1.52 $1.52

-63.82%

Local Beer (0.5 liter draught)

$2.06 ₲13.1K

$8.22 $8.22

-74.94%

Imported Beer (0.33 liter bottle)

$1.68 ₲10.7K

$8.17 $8.17

-79.44%

Milk (1 liter)

$1.24 ₲7,913

$1.28 $1.28

-3.13%

White Bread (500g)

$1.42 ₲8,997

$4.16 $4.16

-65.87%

Rice (white) (1kg)

$1.30 ₲8,297

$6.23 $6.23

-79.13%

Eggs

$2.39 ₲15.2K

$5.98 $5.98

-60.03%

Local Cheese (1kg)

$9.44 ₲60.0K

$14.22 $14.22

-33.61%

Chicken Fillets (1kg)

$5.10 ₲32.4K

$10.16 $10.16

-49.80%

Beef Round Steak (1kg)

$9.66 ₲61.4K

$17.43 $17.43

-44.58%

Apples (1kg)

$3.00 ₲19.1K

$6.13 $6.13

-51.06%

Banana (1kg)

$1.25 ₲7,930

$1.80 $1.80

-30.56%

Oranges (1kg)

$1.16 ₲7,361

$4.35 $4.35

-73.33%

Tomato (1kg)

$2.42 ₲15.4K

$5.27 $5.27

-54.08%

Potato (1kg)

$1.32 ₲8,365

$3.02 $3.02

-56.29%

Onion (1kg)

$1.33 ₲8,443

$3.66 $3.66

-63.66%

Lettuce (1 head)

$0.85 ₲5,388

$3.05 $3.05

-72.13%

Water (1.5 liter bottle)

$0.69 ₲4,364

$2.96 $2.96

-76.69%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 ₲14.9K

$11.58 $11.58

-79.79%

Wine (Bottle)

$8.87 ₲56.4K

$20.21 $20.21

-56.11%

Local Beer (0.5 liter bottle)

$1.30 ₲8,283

$1.77 $1.77

-26.55%

Imported Beer (0.33 liter bottle)

$1.65 ₲10.5K

$5.38 $5.38

-69.33%

One-way Ticket (Public Transport)

$0.59 ₲3,783

Public Transport Monthly Pass (Regular Price)

$35.97 ₲228.7K

Taxi Start (Normal Tariff)

$1.44 ₲9,129

$3.06 $3.06

-52.94%

Taxi (Normal Tariff) (1km)

$1.53 ₲9,743

$2.00 $2.00

-23.50%

Taxi 1hour Waiting (Normal Tariff)

$10.03 ₲63.8K

$24.36 $24.36

-58.83%

Gasoline (1 liter)

$1.21 ₲7,681

$1.13 $1.13

7.08%

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

$16.8K ₲106.9M

$27.9K $27.9K

-39.80%

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

$29.2K ₲185.8M

$26.3K $26.3K

11.17%

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

$49.05 ₲311.9K

$211 $211

-76.72%

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

$16.79 ₲106.7K

$60.5 $60.5

-72.25%

Internet (50+ Mbps, Unlimited Data)

$21.60 ₲137.4K

$50.5 $50.5

-57.24%

Gym Membership (Monthly)

$35.35 ₲224.8K

$79.4 $79.4

-55.48%

Tennis Court (1 Hour on Weekend)

$14.61 ₲92.9K

Cinema Ticket

$8.51 ₲54.1K

$15.04 $15.04

-43.42%

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

$183 ₲1.2M

$1,716 $1,716

-89.33%

International Primary School, 1 Child (Yearly)

$5,730 ₲36.4M

$20.7K $20.7K

-72.31%

Jeans (Levis 501 Or Similar)

$63.2 ₲401.8K

$41.51 $41.51

52.23%

Summer Dress (H&M, Zara, etc)

$56.7 ₲360.2K

$57.3 $57.3

-1.13%

Sport Shoes (Adidas, Nike)

$104 ₲662.3K

$76.3 $76.3

36.46%

Men's Leather Business Shoes

$70.2 ₲446.2K

$122 $122

-42.26%

1-bedroom Apartment, City Center (Monthly)

$611 ₲3.9M

$2,777 $2,777

-77.98%

1-bedroom Apartment, Outside City Center (Monthly)

$367 ₲2.3M

$2,471 $2,471

-85.17%

3-bedroom Apartment, City Center (Monthly)

$1,033 ₲6.6M

$5,498 $5,498

-81.21%

3-bedroom Apartment, Outside City Center (Monthly)

$630 ₲4.0M

$4,968 $4,968

-87.31%

Buy Apartment in City Center (m2)

$1,747 ₲11.1M

Buy Apartment Outside City Center (m2)

$1,234 ₲7.8M

Average Monthly Net Salary (After Tax)

$676 ₲4.3M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.15

6.72

51.04%

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

Last update for Asuncion: November 1, 2026

Last update for Summit, NJ: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$367 35.5%

Summit, NJ

$2.5K 63.8% 574% $2.1K

Groceries & Markets

Asuncion

$209 20.3%

Summit, NJ

$458 11.8% 119% $249

Eating Out

Asuncion

$137 13.2%

Summit, NJ

$368 9.5% 170% $232

Clothing & Footwear

Asuncion

$132 12.8%

Summit, NJ

$134 3.4% 0.9% $1.1

Monthly Utilities & Internet

Asuncion

$87 8.5%

Summit, NJ

$322 8.3% 268% $234

Sport & Entertainment

Asuncion

$52 5.1%

Summit, NJ

$110 2.8% 109% $57

Getting Around

Asuncion

$47 4.6%

Summit, NJ

$13 * 0.3% 72.5% $34

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $611 in Asuncion versus $2,777 in Summit, NJ. 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 $43 in Asuncion versus $98 in Summit, NJ. Monthly groceries follow the same trend: $209 vs $458 – making Asuncion the more affordable choice for daily food spending.

Good to know

🇵🇾 Asuncion

🇺🇸 Summit, NJ

🕒 Local time

21:46 9:46 PM

19:46 7:46 PM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

11,161

💱 Currency

Paraguayan Guarani PYG ₲

United States Dollar USD $

📈 Exchange rate

10,000 PYG = 1.57 USD

10,000 PYG = 1.4 EUR

1 USD = 0.891 EUR

Exchange rates and currency converter

USD, EUR to PYG – Paraguayan Guarani Converter

🇺🇸 United States Dollar ($)

🇵🇾 Paraguayan Guarani (₲)

Paraguayan Guarani exchange rates as of November 6, 2026: 1 USD = 6,358 PYG (10,000 PYG = 1.57 USD). 1 EUR = 7,138 PYG (10,000 PYG = 1.4 EUR).

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

USD to PYG in detail →

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Between locations

Asuncion Summit, NJ 7,540 km ≈ 10 h nonstop flight

From you

Asuncion
Summit, NJ

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 Summit, NJ: Cost of Living - Frequently Asked Questions

Yes – Summit, NJ is pricier by about 276%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,548 per month in Asuncion and $5,814 in Summit, NJ. 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: a one-bedroom in the center costs $611 there versus $2,777 in Summit, NJ.

Monthly expenses with rent come to $1,032 in Asuncion and $3,876 in Summit, NJ. That makes Asuncion about 73% cheaper.

Kindergarten costs $183 per month in Asuncion and $1,716 in Summit, NJ. 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 $1,032, than in Summit, NJ at $3,876. In Asuncion it covers expenses comfortably, while in Summit, NJ 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.