Last update: Oct 2026

Cost of Living Comparison Between Banos and Asuncion

For one person, living is cheaper in Banos: $819 a month against $1,062 in Asuncion, rent and utilities included – about $2,900 less a year. Rent and utilities account for about half of the difference.

Banos, Ecuador
Asuncion, Paraguay
Banos
🇪🇨 Ecuador
$819
/mo nomad
Asuncion
🇵🇾 Paraguay
$1,062
/mo nomad
Monthly Cost of Living

How much you'll spend in Banos and in Asuncion

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Banos and in Asuncion actually costs, broken down by who's living it.

A single person spends $819 per month in Banos vs $1,062 in Asuncion, rent included.

  • Banos $819
  • Asuncion $1,062

A couple spends around $1,260 per month in Banos vs $1,655 in Asuncion, rent included.

  • Banos $1,260
  • Asuncion $1,655

A family of three spends $1,701 per month in Banos vs $2,249 in Asuncion, rent included.

  • Banos $1,701
  • Asuncion $2,249

Banos is about 23% cheaper than Asuncion, and outside of rent the biggest gap is in eating out.

Both Banos and Asuncion are more affordable than the global median – Banos 40% lower, Asuncion 22% lower.

Currency
🍽 Eating Out
Banos
Asuncion
Difference
Meal at Budget Restaurant
$2.78 $2.78
$6.76 ₲39.2K
-58.88%
Three-Course Dinner for Two, Mid-Range
$30.08 $30.08
$43.17 ₲250.5K
-30.32%
Fast Food Meal (McDonalds, etc)
$5.02 $5.02
$7.01 ₲40.7K
-28.39%
Cappuccino
$2.60 $2.60
$3.47 ₲20.1K
-25.07%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.92 $0.92
$1.09 ₲6,309
-15.60%
Water (0.33 liter bottle)
$0.73 $0.73
$0.55 ₲3,202
32.73%
Local Beer (0.5 liter draught)
$2.99 $2.99
$2.02 ₲11.7K
48.02%
Imported Beer (0.33 liter bottle)
$2.02 $2.02
$1.73 ₲10.0K
16.76%
🛒 Groceries & Markets
Banos
Asuncion
Difference
Milk (1 liter)
$1.05 $1.05
$1.27 ₲7,351
-17.32%
White Bread (500g)
$1.99 $1.99
$1.46 ₲8,483
36.30%
Rice (white) (1kg)
$0.86 $0.86
$1.39 ₲8,042
-38.13%
Eggs
$1.49 $1.49
$2.36 ₲13.7K
-36.86%
Local Cheese (1kg)
$7.04 $7.04
$9.88 ₲57.3K
-28.74%
Chicken Fillets (1kg)
$5.04 $5.04
$5.23 ₲30.3K
-3.63%
Beef Round Steak (1kg)
$5.85 $5.85
$10.02 ₲58.1K
-41.62%
Apples (1kg)
$1.49 $1.49
$3.01 ₲17.5K
-50.50%
Banana (1kg)
$0.49 $0.49
$1.25 ₲7,279
-60.80%
Oranges (1kg)
$1.02 $1.02
$1.22 ₲7,105
-16.39%
Tomato (1kg)
$0.95 $0.95
$2.49 ₲14.4K
-61.85%
Potato (1kg)
$0.51 $0.51
$1.40 ₲8,097
-63.57%
Onion (1kg)
$0.91 $0.91
$1.35 ₲7,859
-32.59%
Lettuce (1 head)
$0.51 $0.51
$0.91 ₲5,292
-43.96%
Water (1.5 liter bottle)
$1.02 $1.02
$0.71 ₲4,103
43.66%
Cigarettes 20 Pack (Marlboro, Camel)
$5.83 $5.83
$2.37 ₲13.8K
145.99%
Wine (Bottle)
$11.80 $11.80
$9.08 ₲52.7K
29.96%
Local Beer (0.5 liter bottle)
$1.55 $1.55
$1.33 ₲7,697
16.54%
Imported Beer (0.33 liter bottle)
$2.15 $2.15
$1.73 ₲10.0K
24.28%
🚌 Getting Around
Banos
Asuncion
Difference
One-way Ticket (Public Transport)
$0.36 $0.36
$0.61 ₲3,511
-40.98%
Public Transport Monthly Pass (Regular Price)
-
$36.24 ₲210.3K
-
Taxi Start (Normal Tariff)
$1.27 $1.27
$1.51 ₲8,790
-15.89%
Taxi (Normal Tariff) (1km)
$1.23 $1.23
$1.52 ₲8,817
-19.08%
Taxi 1hour Waiting (Normal Tariff)
$11.90 $11.90
$10.37 ₲60.2K
14.75%
Gasoline (1 liter)
$0.87 $0.87
$1.22 ₲7,103
-28.69%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$23.1K $23.1K
$17.0K ₲98.9M
35.55%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$30.6K $30.6K
$29.5K ₲171.4M
3.65%
🧾 Monthly Utilities & Internet
Banos
Asuncion
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$33.82 $33.82
$51.4 ₲298.4K
-34.24%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$14.62 $14.62
$17.47 ₲101.4K
-16.31%
Internet (50+ Mbps, Unlimited Data)
$25.86 $25.86
$22.66 ₲131.5K
14.12%
🎉 Sport & Entertainment
Banos
Asuncion
Difference
Gym Membership (Monthly)
$29.84 $29.84
$36.59 ₲212.3K
-18.45%
Tennis Court (1 Hour on Weekend)
$14.62 $14.62
$15.07 ₲87.5K
-2.99%
Cinema Ticket
$7.28 $7.28
$8.42 ₲48.9K
-13.54%
🧸 Childcare & Education
Banos
Asuncion
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$369 $369
$183 ₲1.1M
101.52%
International Primary School, 1 Child (Yearly)
$5,777 $5,777
$5,692 ₲33.0M
1.50%
👕👟 Clothing & Footwear
Banos
Asuncion
Difference
Jeans (Levis 501 Or Similar)
$64.8 $64.8
$63.8 ₲370.1K
1.63%
Summer Dress (H&M, Zara, etc)
$39.86 $39.86
$56.7 ₲328.8K
-29.64%
Sport Shoes (Adidas, Nike)
$127 $127
$108 ₲628.5K
17.59%
Men's Leather Business Shoes
$91.7 $91.7
$70.0 ₲406.4K
30.94%
🏠 Accommodation & Living
Banos
Asuncion
Difference
1-bedroom Apartment, City Center (Monthly)
$440 $440
$639 ₲3.7M
-31.08%
1-bedroom Apartment, Outside City Center (Monthly)
$275 $275
$382 ₲2.2M
-27.97%
3-bedroom Apartment, City Center (Monthly)
$705 $705
$1,066 ₲6.2M
-33.88%
3-bedroom Apartment, Outside City Center (Monthly)
$448 $448
$635 ₲3.7M
-29.47%
Buy Apartment in City Center (m2)
-
$1,750 ₲10.2M
-
Buy Apartment Outside City Center (m2)
-
$1,233 ₲7.2M
-
💵 Salaries & Financials
Banos
Asuncion
Difference
Average Monthly Net Salary (After Tax)
-
$726 ₲4.2M
-
20-Year Fixed Mortgage Interest Rate (Annual %)
10.05
10.5
-4.29%

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

Last update for Banos: October 25, 2026

Last update for Asuncion: October 26, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Banos
$275
Asuncion
$382 38.8% $107
Groceries & Markets
Banos
$176
Asuncion
$215 22.2% $39
Clothing & Footwear
Banos
$146
Asuncion
$134 7.7% $11
Eating Out
Banos
$94
Asuncion
$137 45.5% $43
Monthly Utilities & Internet
Banos
$74
Asuncion
$92 23.2% $17
Sport & Entertainment
Banos
$44
Asuncion
$53 20.4% $9
Getting Around
Banos
$8.9 *
Asuncion
$48 438% $39

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

Cost Breakdown

A central one-bedroom costs $440 in Banos versus $639 in Asuncion. 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 $30 in Banos versus $43 in Asuncion. Monthly groceries follow the same trend: $176 vs $215 – making Banos the more affordable choice for daily food spending.

Good to know
🇪🇨 Banos
🇵🇾 Asuncion
🕒 Local time
08:50 8:50 AM
10:50 10:50 AM
2 h ahead of Banos
🌤 Weather
👥 Population
9,501
742,023 Capital
Exchange rates and currency converter

PYG, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.899 EUR).

Paraguayan Guarani exchange rates as of October 28, 2026: 1 USD = 5,803 PYG (10,000 PYG = 1.72 USD). 1 EUR = 6,459 PYG (10,000 PYG = 1.55 EUR).

On the map
Between locations
  • Banos Asuncion 3,470 km ≈ 4 h 45 min nonstop flight
From you
  • Banos
  • Asuncion

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
Banos vs Asuncion: Cost of Living - Frequently Asked Questions
Is Banos cheaper than Asuncion?
Yes – Asuncion is pricier by about 30%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $1,228 per month in Banos and $1,592 in Asuncion. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Banos, especially for central apartments: a one-bedroom in the center costs $440 there versus $639 in Asuncion.
What are total monthly expenses in Banos and in Asuncion?
Monthly expenses with rent come to $819 in Banos and $1,062 in Asuncion. That’s a gap of about 30%.
Which city has cheaper kindergarten?
Kindergarten costs $369 per month in Banos and $183 in Asuncion. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $800 enough to cover costs in Banos or in Asuncion?
$800 is a stretch for both – monthly costs hit $819 in Banos and $1,062 in Asuncion. You’ll need shared housing and careful budgeting no matter which city you pick.
Is it better to live in Banos or in Asuncion?
It depends on your priorities. Banos has an edge in some lifestyle areas, with costs from $819 in Banos to $1,062 in Asuncion. Climate, culture, job market, and personal taste all factor in.

Banos vs other spots: cost of living compared

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