Last update: Nov 2026

Cost of Living Comparison Between Asuncion and Thunder Bay

For one person, living is cheaper in Asuncion: $1,032 a month against $2,251 in Thunder Bay, rent and utilities included – about $14,600 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
108

Cost of Living Index in Thunder Bay
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Thunder Bay Living Index

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Asuncion

🇵🇾 Paraguay

$1,032

/mo nomad

Thunder Bay

🇨🇦 Canada

$2,251

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Thunder Bay

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

A single person spends $1,032 per month in Asuncion vs $2,251 in Thunder Bay, rent included.

Asuncion $1,032
Thunder Bay $2,251

A couple spends around $1,625 per month in Asuncion vs $3,354 in Thunder Bay, rent included.

Asuncion $1,625
Thunder Bay $3,354

A family of three spends $2,217 per month in Asuncion vs $4,458 in Thunder Bay, rent included.

Asuncion $2,217
Thunder Bay $4,458

Asuncion is about 54% cheaper than Thunder Bay, and outside of rent the biggest gap is in groceries.

Asuncion sits 24% below the global median, while Thunder Bay is 66% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.19 ₲45.7K

$17.55 CA$24.60

-59.03%

Three-Course Dinner for Two, Mid-Range

$42.94 ₲273.0K

$61.9 CA$86.7

-30.57%

Fast Food Meal (McDonalds, etc)

$6.58 ₲41.9K

$12.45 CA$17.46

-47.15%

Cappuccino

$3.28 ₲20.9K

$3.53 CA$4.95

-7.08%

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

$1.01 ₲6,391

$1.97 CA$2.76

-48.73%

Water (0.33 liter bottle)

$0.55 ₲3,521

$1.59 CA$2.22

-65.41%

Local Beer (0.5 liter draught)

$2.06 ₲13.1K

$5.25 CA$7.36

-60.76%

Imported Beer (0.33 liter bottle)

$1.68 ₲10.7K

$5.09 CA$7.13

-66.99%

Milk (1 liter)

$1.24 ₲7,913

$2.28 CA$3.20

-45.61%

White Bread (500g)

$1.42 ₲8,997

$2.65 CA$3.71

-46.42%

Rice (white) (1kg)

$1.30 ₲8,297

$3.23 CA$4.53

-59.75%

Eggs

$2.39 ₲15.2K

$3.74 CA$5.25

-36.10%

Local Cheese (1kg)

$9.44 ₲60.0K

$22.33 CA$31.30

-57.73%

Chicken Fillets (1kg)

$5.10 ₲32.4K

$15.94 CA$22.34

-68.01%

Beef Round Steak (1kg)

$9.66 ₲61.4K

$16.83 CA$23.60

-42.60%

Apples (1kg)

$3.00 ₲19.1K

$3.49 CA$4.89

-14.04%

Banana (1kg)

$1.25 ₲7,930

$1.17 CA$1.64

6.84%

Oranges (1kg)

$1.16 ₲7,361

$4.00 CA$5.61

-71.00%

Tomato (1kg)

$2.42 ₲15.4K

$3.64 CA$5.10

-33.52%

Potato (1kg)

$1.32 ₲8,365

$2.41 CA$3.38

-45.23%

Onion (1kg)

$1.33 ₲8,443

$2.15 CA$3.02

-38.14%

Lettuce (1 head)

$0.85 ₲5,388

$2.95 CA$4.14

-71.19%

Water (1.5 liter bottle)

$0.69 ₲4,364

$2.33 CA$3.27

-70.39%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 ₲14.9K

$11.39 CA$15.96

-79.46%

Wine (Bottle)

$8.87 ₲56.4K

$8.90 CA$12.48

-0.34%

Local Beer (0.5 liter bottle)

$1.30 ₲8,283

$1.98 CA$2.77

-34.34%

Imported Beer (0.33 liter bottle)

$1.65 ₲10.5K

$3.08 CA$4.32

-46.43%

One-way Ticket (Public Transport)

$0.59 ₲3,783

$2.30 CA$3.22

-74.35%

Public Transport Monthly Pass (Regular Price)

$35.97 ₲228.7K

$65.9 CA$92.4

-45.44%

Taxi Start (Normal Tariff)

$1.44 ₲9,129

$5.03 CA$7.04

-71.37%

Taxi (Normal Tariff) (1km)

$1.53 ₲9,743

$2.45 CA$3.43

-37.55%

Taxi 1hour Waiting (Normal Tariff)

$10.03 ₲63.8K

$36.39 CA$51.0

-72.44%

Gasoline (1 liter)

$1.21 ₲7,681

$1.15 CA$1.61

5.22%

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

$16.8K ₲106.9M

$27.8K CA$39.0K

-39.50%

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

$29.2K ₲185.8M

$20.9K CA$29.3K

39.57%

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

$49.05 ₲311.9K

$158 CA$221

-68.95%

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

$16.79 ₲106.7K

$58.8 CA$82.4

-71.45%

Internet (50+ Mbps, Unlimited Data)

$21.60 ₲137.4K

$80.9 CA$113

-73.28%

Gym Membership (Monthly)

$35.35 ₲224.8K

$24.19 CA$33.91

46.13%

Tennis Court (1 Hour on Weekend)

$14.61 ₲92.9K

Cinema Ticket

$8.51 ₲54.1K

$17.73 CA$24.86

-52.00%

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

$183 ₲1.2M

$667 CA$935

-72.54%

International Primary School, 1 Child (Yearly)

$5,730 ₲36.4M

$3,526 CA$4,942

62.50%

Jeans (Levis 501 Or Similar)

$63.2 ₲401.8K

$77.7 CA$109

-18.67%

Summer Dress (H&M, Zara, etc)

$56.7 ₲360.2K

$35.96 CA$50.4

57.56%

Sport Shoes (Adidas, Nike)

$104 ₲662.3K

$80.2 CA$112

29.90%

Men's Leather Business Shoes

$70.2 ₲446.2K

$131 CA$183

-46.23%

1-bedroom Apartment, City Center (Monthly)

$611 ₲3.9M

$1,151 CA$1,613

-46.86%

1-bedroom Apartment, Outside City Center (Monthly)

$367 ₲2.3M

$966 CA$1,355

-62.06%

3-bedroom Apartment, City Center (Monthly)

$1,033 ₲6.6M

$1,926 CA$2,700

-46.36%

3-bedroom Apartment, Outside City Center (Monthly)

$630 ₲4.0M

$1,645 CA$2,306

-61.68%

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

$3,045 CA$4,268

-77.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.15

4.58

121.62%

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

Last update for Asuncion: November 1, 2026

Last update for Thunder Bay: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$367 35.5%

Thunder Bay

$966 42.9% 164% $600

Groceries & Markets

Asuncion

$209 20.3%

Thunder Bay

$418 18.6% 99.9% $209

Eating Out

Asuncion

$137 13.2%

Thunder Bay

$271 12% 98.2% $134

Clothing & Footwear

Asuncion

$132 12.8%

Thunder Bay

$146 6.5% 10.3% $14

Monthly Utilities & Internet

Asuncion

$87 8.5%

Thunder Bay

$298 13.2% 240% $210

Sport & Entertainment

Asuncion

$52 5.1%

Thunder Bay

$60 2.7% 13.9% $7.3

Getting Around

Asuncion

$47 4.6%

Thunder Bay

$92 4.1% 94.7% $45

Cost Breakdown

A central one-bedroom costs $611 in Asuncion versus $1,151 in Thunder Bay. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Thunder Bay are about 4.5 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $43 in Asuncion versus $62 in Thunder Bay. Monthly groceries follow the same trend: $209 vs $418 – making Asuncion the more affordable choice for daily food spending.

Good to know

🇵🇾 Asuncion

🇨🇦 Thunder Bay

🕒 Local time

01:14 1:14 AM

23:14 11:14 PM

2 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

107,909

💱 Currency

Paraguayan Guarani PYG ₲

Canadian Dollar CAD $

📈 Exchange rate

10,000 PYG = 1.57 USD

10,000 PYG = 1.4 EUR

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

Exchange rates and currency converter

CAD, 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).

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

USD to PYG in detail →

On the map

Lowest

Highest

Between locations

Asuncion Thunder Bay 8,780 km ≈ 11 h nonstop flight

From you

Asuncion
Thunder Bay

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 Thunder Bay: Cost of Living - Frequently Asked Questions

Yes – Thunder Bay is pricier by about 118%, 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 $3,376 in Thunder Bay. 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 $1,151 in Thunder Bay.

Public transport costs about 45% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $183 per month in Asuncion and $667 in Thunder Bay. 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 Thunder Bay at $2,251. In Asuncion it covers expenses comfortably, while in Thunder Bay 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 or specific career opportunities are the priority, Thunder Bay makes more sense. Both are solid long-term options with distinct trade-offs.