Last update: Oct 2026

Cost of Living Comparison Between Asuncion and Toronto

For one person, living is cheaper in Asuncion: $1,049 a month against $2,530 in Toronto, rent and utilities included – about $17,800 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
125

Cost of Living Index in Toronto
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Toronto Living Index

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Asuncion

🇵🇾 Paraguay

$1,049

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Monthly Cost of Living

How much you'll spend in Asuncion and in Toronto

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

A single person spends $1,049 per month in Asuncion vs $2,530 in Toronto, rent included.

Asuncion $1,049
Toronto $2,530

A couple spends around $1,635 per month in Asuncion vs $3,646 in Toronto, rent included.

Asuncion $1,635
Toronto $3,646

A family of three spends $2,221 per month in Asuncion vs $4,761 in Toronto, rent included.

Asuncion $2,221
Toronto $4,761

Asuncion is about 59% cheaper than Toronto, and outside of rent the biggest gap is in eating out.

Asuncion sits 22% below the global median, while Toronto is 89% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.66 ₲38.1K

$17.67 CA$25.13

-62.31%

Three-Course Dinner for Two, Mid-Range

$43.46 ₲248.7K

$77.4 CA$110

-43.84%

Fast Food Meal (McDonalds, etc)

$6.63 ₲37.9K

$10.47 CA$14.90

-36.68%

Cappuccino

$3.44 ₲19.7K

$4.08 CA$5.80

-15.69%

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

$1.07 ₲6,096

$2.12 CA$3.01

-49.53%

Water (0.33 liter bottle)

$0.58 ₲3,325

$1.76 CA$2.50

-67.05%

Local Beer (0.5 liter draught)

$1.85 ₲10.6K

$6.17 CA$8.78

-70.02%

Imported Beer (0.33 liter bottle)

$1.70 ₲9,721

$6.89 CA$9.80

-75.33%

Milk (1 liter)

$1.25 ₲7,144

$2.43 CA$3.46

-48.56%

White Bread (500g)

$1.49 ₲8,516

$2.75 CA$3.91

-45.82%

Rice (white) (1kg)

$1.35 ₲7,707

$2.23 CA$3.17

-39.46%

Eggs

$2.32 ₲13.3K

$3.45 CA$4.90

-32.75%

Local Cheese (1kg)

$9.85 ₲56.4K

$8.93 CA$12.71

10.30%

Chicken Fillets (1kg)

$5.20 ₲29.8K

$11.44 CA$16.27

-54.55%

Beef Round Steak (1kg)

$9.91 ₲56.7K

$14.61 CA$20.78

-32.17%

Apples (1kg)

$2.99 ₲17.1K

$3.75 CA$5.33

-20.27%

Banana (1kg)

$1.23 ₲7,017

$1.15 CA$1.63

6.96%

Oranges (1kg)

$1.21 ₲6,921

$3.55 CA$5.05

-65.92%

Tomato (1kg)

$2.45 ₲14.0K

$4.28 CA$6.09

-42.76%

Potato (1kg)

$1.30 ₲7,464

$1.85 CA$2.62

-29.73%

Onion (1kg)

$1.34 ₲7,644

$1.67 CA$2.37

-19.76%

Lettuce (1 head)

$0.84 ₲4,784

$2.22 CA$3.15

-62.16%

Water (1.5 liter bottle)

$0.69 ₲3,957

$1.21 CA$1.72

-42.98%

Cigarettes 20 Pack (Marlboro, Camel)

$2.24 ₲12.8K

$13.88 CA$19.74

-83.86%

Wine (Bottle)

$9.02 ₲51.6K

$14.25 CA$20.27

-36.70%

Local Beer (0.5 liter bottle)

$1.33 ₲7,597

$2.20 CA$3.12

-39.55%

Imported Beer (0.33 liter bottle)

$1.68 ₲9,593

$2.42 CA$3.44

-30.58%

One-way Ticket (Public Transport)

$0.57 ₲3,238

$2.42 CA$3.44

-76.45%

Public Transport Monthly Pass (Regular Price)

$38.02 ₲217.5K

$111 CA$158

-65.67%

Taxi Start (Normal Tariff)

$1.45 ₲8,289

$2.90 CA$4.12

-50.00%

Taxi (Normal Tariff) (1km)

$1.57 ₲9,008

$1.26 CA$1.79

24.60%

Taxi 1hour Waiting (Normal Tariff)

$10.04 ₲57.4K

$22.03 CA$31.33

-54.43%

Gasoline (1 liter)

$1.21 ₲6,897

$1.22 CA$1.74

-0.82%

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

$16.9K ₲96.9M

$27.6K CA$39.3K

-38.73%

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

$35.3K ₲202.2M

$19.8K CA$28.2K

78.24%

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

$50.1 ₲286.6K

$122 CA$173

-58.91%

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

$16.94 ₲96.9K

$32.03 CA$45.56

-47.11%

Internet (50+ Mbps, Unlimited Data)

$21.75 ₲124.5K

$47.92 CA$68.2

-54.61%

Gym Membership (Monthly)

$36.50 ₲208.9K

$38.90 CA$55.3

-6.17%

Tennis Court (1 Hour on Weekend)

$14.89 ₲85.2K

$23.24 CA$33.05

-35.93%

Cinema Ticket

$8.59 ₲49.2K

$12.61 CA$17.94

-31.88%

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

$184 ₲1.1M

$834 CA$1,186

-77.91%

International Primary School, 1 Child (Yearly)

$5,873 ₲33.6M

$23.3K CA$33.2K

-74.84%

Jeans (Levis 501 Or Similar)

$62.4 ₲357.2K

$52.6 CA$74.8

18.69%

Summer Dress (H&M, Zara, etc)

$55.4 ₲316.8K

$40.26 CA$57.3

37.51%

Sport Shoes (Adidas, Nike)

$104 ₲597.0K

$96.2 CA$137

8.45%

Men's Leather Business Shoes

$69.2 ₲395.8K

$123 CA$175

-43.74%

1-bedroom Apartment, City Center (Monthly)

$620 ₲3.6M

$1,598 CA$2,273

-61.17%

1-bedroom Apartment, Outside City Center (Monthly)

$373 ₲2.1M

$1,435 CA$2,041

-74.00%

3-bedroom Apartment, City Center (Monthly)

$1,050 ₲6.0M

$2,657 CA$3,779

-60.49%

3-bedroom Apartment, Outside City Center (Monthly)

$624 ₲3.6M

$2,096 CA$2,981

-70.22%

Buy Apartment in City Center (m2)

$1,716 ₲9.8M

$8,033 CA$11.4K

-78.64%

Buy Apartment Outside City Center (m2)

$1,242 ₲7.1M

$6,557 CA$9,327

-81.07%

Average Monthly Net Salary (After Tax)

$723 ₲4.1M

$3,743 CA$5,324

-80.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.15

4.47

127.07%

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

Last update for Asuncion: October 4, 2026

Last update for Toronto: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Asuncion

$373 35.8%

Toronto

$1.4K 55.4% 285% $1.1K

Groceries & Markets

Asuncion

$213 20.4%

Toronto

$340 13.1% 59.7% $127

Eating Out

Asuncion

$134 12.8%

Toronto

$282 10.9% 111% $148

Clothing & Footwear

Asuncion

$131 12.6%

Toronto

$140 5.4% 7.1% $9.3

Monthly Utilities & Internet

Asuncion

$89 8.5%

Toronto

$202 7.8% 127% $113

Sport & Entertainment

Asuncion

$54 5.2%

Toronto

$64 2.5% 19.4% $10

Getting Around

Asuncion

$50 4.8%

Toronto

$130 5% 161% $80

Cost Breakdown

A central one-bedroom costs $620 in Asuncion versus $1,598 in Toronto. 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 418% higher in Toronto, 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 $77.0 in Toronto. Monthly groceries follow the same trend: $213 vs $340 – making Asuncion the more affordable choice for daily food spending.

Good to know

🇵🇾 Asuncion

🇨🇦 Toronto

🕒 Local time

22:48 10:48 PM

21:48 9:48 PM

1 h behind Asuncion

🌤 Weather

👥 Population

742,023 Capital

2,731,571

💱 Currency

Paraguayan Guarani PYG ₲

Canadian Dollar CAD $

📈 Exchange rate

10,000 PYG = 1.75 USD

10,000 PYG = 1.56 EUR

1 CAD = 0.703 USD

1 CAD = 0.627 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 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).

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.6 CAD (1 CAD = 0.627 EUR).

USD to PYG in detail →

On the map

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Highest

Between locations

Asuncion Toronto 7,980 km ≈ 10 h nonstop flight

From you

Asuncion
Toronto

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 Toronto: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 141%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,574 per month in Asuncion and $3,795 in Toronto. 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 191% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $184 per month in Asuncion and $834 in Toronto. 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 Toronto at $2,530. In Asuncion it covers expenses comfortably, while in Toronto 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, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.