Last update: Oct 2026

Cost of Living Comparison Between Cerro de Pasco and Asuncion

For one person, living is cheaper in Cerro de Pasco: $555 a month against $1,075 in Asuncion, rent and utilities included – about $6,200 less a year. Rent and utilities account for most of the difference.

Cerro de Pasco
🇵🇪 Peru
$555
/mo nomad
Asuncion
🇵🇾 Paraguay
$1,075
/mo nomad
Monthly Cost of Living

How much you'll spend in Cerro de Pasco 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 Cerro de Pasco and in Asuncion actually costs, broken down by who's living it.

A single person spends $555 per month in Cerro de Pasco vs $1,075 in Asuncion, rent included.

  • Cerro de Pasco $555
  • Asuncion $1,075

A couple spends around $891 per month in Cerro de Pasco vs $1,684 in Asuncion, rent included.

  • Cerro de Pasco $891
  • Asuncion $1,684

A family of three spends $1,227 per month in Cerro de Pasco vs $2,292 in Asuncion, rent included.

  • Cerro de Pasco $1,227
  • Asuncion $2,292

Cerro de Pasco is about 48% cheaper than Asuncion, and outside of rent the biggest gap is in eating out.

Both Cerro de Pasco and Asuncion are more affordable than the global median – Cerro de Pasco 59% lower, Asuncion 20% lower.

Currency
🍽 Eating Out
Cerro de Pasco
Asuncion
Difference
Meal at Budget Restaurant
$2.83 PEN 9.70
$7.15 ₲40.6K
-60.42%
Three-Course Dinner for Two, Mid-Range
$29.34 PEN 101
$43.57 ₲247.8K
-32.66%
Fast Food Meal (McDonalds, etc)
$6.74 PEN 23.16
$7.10 ₲40.4K
-5.07%
Cappuccino
$2.05 PEN 7.03
$3.51 ₲20.0K
-41.60%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.76 PEN 2.61
$1.05 ₲5,980
-27.62%
Water (0.33 liter bottle)
$0.45 PEN 1.55
$0.58 ₲3,289
-22.41%
Local Beer (0.5 liter draught)
$2.69 PEN 9.22
$1.89 ₲10.8K
42.33%
Imported Beer (0.33 liter bottle)
$4.44 PEN 15.27
$1.74 ₲9,906
155.17%
🛒 Groceries & Markets
Cerro de Pasco
Asuncion
Difference
Milk (1 liter)
$1.52 PEN 5.23
$1.29 ₲7,321
17.83%
White Bread (500g)
$2.35 PEN 8.07
$1.50 ₲8,514
56.67%
Rice (white) (1kg)
$1.26 PEN 4.34
$1.39 ₲7,922
-9.35%
Eggs
$2.47 PEN 8.47
$2.48 ₲14.1K
-0.40%
Local Cheese (1kg)
$9.18 PEN 31.53
$9.74 ₲55.4K
-5.75%
Chicken Fillets (1kg)
$6.04 PEN 20.74
$5.19 ₲29.5K
16.38%
Beef Round Steak (1kg)
$7.92 PEN 27.20
$10.07 ₲57.2K
-21.35%
Apples (1kg)
$2.00 PEN 6.86
$2.99 ₲17.0K
-33.11%
Banana (1kg)
$0.76 PEN 2.61
$1.32 ₲7,493
-42.42%
Oranges (1kg)
$0.43 PEN 1.46
$1.19 ₲6,742
-63.87%
Tomato (1kg)
$1.14 PEN 3.91
$2.47 ₲14.1K
-53.85%
Potato (1kg)
$0.70 PEN 2.41
$1.40 ₲7,984
-50.00%
Onion (1kg)
$0.54 PEN 1.87
$1.33 ₲7,562
-59.40%
Lettuce (1 head)
$0.83 PEN 2.85
$0.92 ₲5,243
-9.78%
Water (1.5 liter bottle)
$0.84 PEN 2.88
$0.77 ₲4,372
9.09%
Cigarettes 20 Pack (Marlboro, Camel)
$5.78 PEN 19.84
$2.43 ₲13.8K
137.86%
Wine (Bottle)
$7.19 PEN 24.68
$9.08 ₲51.6K
-20.81%
Local Beer (0.5 liter bottle)
$1.92 PEN 6.60
$1.42 ₲8,064
35.21%
Imported Beer (0.33 liter bottle)
$2.65 PEN 9.11
$1.79 ₲10.2K
48.04%
🚌 Getting Around
Cerro de Pasco
Asuncion
Difference
One-way Ticket (Public Transport)
-
$0.58 ₲3,315
-
Public Transport Monthly Pass (Regular Price)
-
$37.92 ₲215.6K
-
Taxi Start (Normal Tariff)
$3.98 PEN 13.68
$1.54 ₲8,735
158.44%
Taxi (Normal Tariff) (1km)
$1.99 PEN 6.84
$1.62 ₲9,204
22.84%
Taxi 1hour Waiting (Normal Tariff)
$7.46 PEN 25.62
$10.44 ₲59.4K
-28.54%
Gasoline (1 liter)
$1.67 PEN 5.74
$1.29 ₲7,320
29.46%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$22.2K PEN 76.4K
$17.5K ₲99.5M
27.08%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K PEN 89.9K
$35.0K ₲199.2M
-25.31%
🧾 Monthly Utilities & Internet
Cerro de Pasco
Asuncion
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$72.8 PEN 250
$51.5 ₲293.0K
41.34%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$16.46 PEN 56.5
$17.68 ₲100.5K
-6.90%
Internet (50+ Mbps, Unlimited Data)
$27.53 PEN 94.6
$22.35 ₲127.1K
23.18%
🎉 Sport & Entertainment
Cerro de Pasco
Asuncion
Difference
Gym Membership (Monthly)
-
$36.60 ₲208.1K
-
Tennis Court (1 Hour on Weekend)
-
$15.33 ₲87.2K
-
Cinema Ticket
$7.15 PEN 24.56
$8.89 ₲50.6K
-19.57%
🧸 Childcare & Education
Cerro de Pasco
Asuncion
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$176 PEN 606
$190 ₲1.1M
-7.01%
International Primary School, 1 Child (Yearly)
$12.9K PEN 44.4K
$5,930 ₲33.7M
117.94%
👕👟 Clothing & Footwear
Cerro de Pasco
Asuncion
Difference
Jeans (Levis 501 Or Similar)
$53.3 PEN 183
$64.7 ₲368.0K
-17.68%
Summer Dress (H&M, Zara, etc)
$35.36 PEN 121
$57.9 ₲329.4K
-38.95%
Sport Shoes (Adidas, Nike)
$83.2 PEN 286
$107 ₲610.0K
-22.48%
Men's Leather Business Shoes
$77.6 PEN 267
$73.3 ₲416.8K
5.89%
🏠 Accommodation & Living
Cerro de Pasco
Asuncion
Difference
1-bedroom Apartment, City Center (Monthly)
-
$645 ₲3.7M
-
1-bedroom Apartment, Outside City Center (Monthly)
-
$385 ₲2.2M
-
3-bedroom Apartment, City Center (Monthly)
$408 PEN 1,400
$1,061 ₲6.0M
-61.59%
3-bedroom Apartment, Outside City Center (Monthly)
-
$654 ₲3.7M
-
Buy Apartment in City Center (m2)
-
$1,715 ₲9.8M
-
Buy Apartment Outside City Center (m2)
-
$1,205 ₲6.9M
-
💵 Salaries & Financials
Cerro de Pasco
Asuncion
Difference
Average Monthly Net Salary (After Tax)
$470 PEN 1,616
$747 ₲4.2M
-37.00%
20-Year Fixed Mortgage Interest Rate (Annual %)
8.94
10.5
-14.86%

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

Last update for Cerro de Pasco: October 12, 2026

Last update for Asuncion: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Groceries & Markets
Cerro de Pasco
$203
Asuncion
$217 7.1% $14
Monthly Utilities & Internet
Cerro de Pasco
$117
Asuncion
$92 21.6% $25
Clothing & Footwear
Cerro de Pasco
$112
Asuncion
$136 21.6% $24
Eating Out
Cerro de Pasco
$95
Asuncion
$140 48.2% $46
Sport & Entertainment
Cerro de Pasco
$14 *
Asuncion
$54 280% $40
Getting Around
Cerro de Pasco
$14 *
Asuncion
$50 258% $36
Accommodation & Living
Cerro de Pasco
- *
Asuncion
$385

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

Cost Breakdown

Salaries run about 59% higher in Asuncion, 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 $29.00 in Cerro de Pasco versus $44.00 in Asuncion. Monthly groceries follow the same trend: $203 vs $217 – making Cerro de Pasco the more affordable choice for daily food spending.

Good to know
🇵🇪 Cerro de Pasco
🇵🇾 Asuncion
🕒 Local time
07:55 7:55 AM
09:55 9:55 AM
2 h ahead of Cerro de Pasco
🌤 Weather
👥 Population
58,899
742,023 Capital
💱 Currency
Exchange rates and currency converter

PYG, USD, EUR to PEN – Peruvian Sol Converter

Peruvian Sol exchange rates as of October 17, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

Paraguayan Guarani exchange rates as of October 17, 2026: 1 USD = 5,686 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,393 PYG (10,000 PYG = 1.56 EUR).

On the map
Between locations
  • Cerro de Pasco Asuncion 2,550 km ≈ 3 h 45 min nonstop flight
From you
  • Cerro de Pasco
  • 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
Cerro de Pasco vs Asuncion: Cost of Living - Frequently Asked Questions
Is Asuncion cheaper than Cerro de Pasco?
Yes – Asuncion is pricier by about 94%, 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 $832 per month in Cerro de Pasco and $1,613 in Asuncion. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
What are total monthly expenses in Cerro de Pasco and in Asuncion?
Monthly expenses with rent come to $555 in Cerro de Pasco and $1,075 in Asuncion. That's a gap of about 94%.
Which city has cheaper kindergarten?
Kindergarten costs $176 per month in Cerro de Pasco and $190 in Asuncion. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $1,500 a realistic budget for living in Cerro de Pasco or in Asuncion?
A $1,500 monthly budget goes further in Cerro de Pasco, where all-in costs run around $555, than in Asuncion at $1,075. In Cerro de Pasco it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.
Is Cerro de Pasco or Asuncion more family-friendly?
Families tend to lean toward Cerro de Pasco – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Cerro de Pasco. If higher salaries, better infrastructure, or specific career opportunities are the priority, Asuncion makes more sense. Both are solid long-term options with distinct trade-offs.

Cerro de Pasco vs other spots: cost of living compared

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