Last update: Oct 2026

Cost of Living Comparison Between Armenia and Asuncion

For one person, living is cheaper in Asuncion: $1,075 a month against $1,164 in Armenia, rent and utilities included – about $1,100 less a year. Rent and utilities account for most of the difference.

56

Cost of Living Index in Armenia
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Armenia Living Index
52

Cost of Living Index in Asuncion
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Asuncion Living Index

Jump to prices

Armenia

🇨🇴 Colombia

$1,164

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

Monthly Cost of Living

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

A single person spends $1,164 per month in Armenia vs $1,075 in Asuncion, rent included.

Armenia $1,164
Asuncion $1,075

A couple spends around $1,826 per month in Armenia vs $1,684 in Asuncion, rent included.

Armenia $1,826
Asuncion $1,684

A family of three spends $2,489 per month in Armenia vs $2,292 in Asuncion, rent included.

Armenia $2,489
Asuncion $2,292

Armenia costs about 8% more than Asuncion, and outside of rent the biggest gap is in groceries.

Both Armenia and Asuncion are more affordable than the global median – Armenia 14% lower, Asuncion 20% lower.

Meal at Budget Restaurant

$6.38 COP 20.3K

$7.15 ₲40.6K

-10.77%

Three-Course Dinner for Two, Mid-Range

$31.58 COP 100.4K

$43.57 ₲247.7K

-27.52%

Fast Food Meal (McDonalds, etc)

$9.40 COP 29.9K

$7.10 ₲40.4K

32.39%

Cappuccino

$2.25 COP 7,154

$3.51 ₲20.0K

-35.90%

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

$1.16 COP 3,685

$1.05 ₲5,977

10.48%

Water (0.33 liter bottle)

$0.92 COP 2,937

$0.58 ₲3,288

58.62%

Local Beer (0.5 liter draught)

$2.43 COP 7,722

$1.89 ₲10.8K

28.57%

Imported Beer (0.33 liter bottle)

$1.91 COP 6,075

$1.74 ₲9,902

9.77%

Milk (1 liter)

$1.48 COP 4,709

$1.29 ₲7,318

14.73%

White Bread (500g)

$2.49 COP 7,918

$1.50 ₲8,510

66.00%

Rice (white) (1kg)

$1.75 COP 5,574

$1.39 ₲7,919

25.90%

Eggs

$2.91 COP 9,248

$2.48 ₲14.1K

17.34%

Local Cheese (1kg)

$9.89 COP 31.5K

$9.74 ₲55.4K

1.54%

Chicken Fillets (1kg)

$9.36 COP 29.8K

$5.19 ₲29.5K

80.35%

Beef Round Steak (1kg)

$13.81 COP 43.9K

$10.07 ₲57.2K

37.14%

Apples (1kg)

$4.03 COP 12.8K

$2.99 ₲17.0K

34.78%

Banana (1kg)

$1.53 COP 4,852

$1.32 ₲7,490

15.91%

Oranges (1kg)

$0.82 COP 2,597

$1.19 ₲6,739

-31.09%

Tomato (1kg)

$2.18 COP 6,948

$2.47 ₲14.1K

-11.74%

Potato (1kg)

$1.98 COP 6,307

$1.40 ₲7,981

41.43%

Onion (1kg)

$1.58 COP 5,020

$1.33 ₲7,559

18.80%

Lettuce (1 head)

$1.15 COP 3,649

$0.92 ₲5,240

25.00%

Water (1.5 liter bottle)

$1.27 COP 4,040

$0.77 ₲4,370

64.94%

Cigarettes 20 Pack (Marlboro, Camel)

$3.94 COP 12.5K

$2.43 ₲13.8K

62.14%

Wine (Bottle)

$13.56 COP 43.1K

$9.08 ₲51.6K

49.34%

Local Beer (0.5 liter bottle)

$1.72 COP 5,481

$1.42 ₲8,061

21.13%

Imported Beer (0.33 liter bottle)

$2.28 COP 7,265

$1.79 ₲10.2K

27.37%

One-way Ticket (Public Transport)

$1.04 COP 3,323

$0.58 ₲3,314

79.31%

Public Transport Monthly Pass (Regular Price)

$37.92 ₲215.5K

Taxi Start (Normal Tariff)

$1.31 COP 4,161

$1.54 ₲8,731

-14.94%

Taxi (Normal Tariff) (1km)

$2.07 COP 6,574

$1.62 ₲9,200

27.78%

Taxi 1hour Waiting (Normal Tariff)

$8.11 COP 25.8K

$10.44 ₲59.3K

-22.32%

Gasoline (1 liter)

$1.29 COP 4,099

$1.29 ₲7,316

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

$27.0K COP 86.0M

$17.5K ₲99.5M

54.45%

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

$35.3K COP 112.3M

$35.0K ₲199.2M

0.77%

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

$103 COP 327.6K

$51.5 ₲292.9K

99.86%

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

$13.15 COP 41.8K

$17.68 ₲100.5K

-25.62%

Internet (50+ Mbps, Unlimited Data)

$26.88 COP 85.5K

$22.35 ₲127.0K

20.27%

Gym Membership (Monthly)

$18.74 COP 59.6K

$36.60 ₲208.1K

-48.80%

Tennis Court (1 Hour on Weekend)

$15.33 ₲87.2K

Cinema Ticket

$6.57 COP 20.9K

$8.89 ₲50.6K

-26.10%

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

$789 COP 2.5M

$190 ₲1.1M

316.00%

International Primary School, 1 Child (Yearly)

$9,085 COP 28.9M

$5,930 ₲33.7M

53.21%

Jeans (Levis 501 Or Similar)

$85.0 COP 270.4K

$64.7 ₲367.9K

31.37%

Summer Dress (H&M, Zara, etc)

$58.3 COP 185.5K

$57.9 ₲329.2K

0.71%

Sport Shoes (Adidas, Nike)

$137 COP 435.7K

$107 ₲609.7K

27.70%

Men's Leather Business Shoes

$98.7 COP 313.9K

$73.3 ₲416.6K

34.62%

1-bedroom Apartment, City Center (Monthly)

$573 COP 1.8M

$645 ₲3.7M

-11.14%

1-bedroom Apartment, Outside City Center (Monthly)

$383 COP 1.2M

$385 ₲2.2M

-0.66%

3-bedroom Apartment, City Center (Monthly)

$943 COP 3.0M

$1,061 ₲6.0M

-11.16%

3-bedroom Apartment, Outside City Center (Monthly)

$779 COP 2.5M

$654 ₲3.7M

19.25%

Buy Apartment in City Center (m2)

$1,715 ₲9.7M

Buy Apartment Outside City Center (m2)

$1,205 ₲6.8M

Average Monthly Net Salary (After Tax)

$514 COP 1.6M

$747 ₲4.2M

-31.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

10.5

4.19%

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

Last update for Armenia: October 10, 2026

Last update for Asuncion: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Armenia

$383 32.9%

Asuncion

$385 35.9% 0.7% $2.5

Groceries & Markets

Armenia

$289 24.8%

Asuncion

$217 20.2% 24.8% $72

Clothing & Footwear

Armenia

$171 14.7%

Asuncion

$136 12.7% 20% $34

Monthly Utilities & Internet

Armenia

$143 12.3%

Asuncion

$92 8.5% 36% $51

Eating Out

Armenia

$131 11.2%

Asuncion

$140 13% 7.3% $9.6

Sport & Entertainment

Armenia

$32 2.7%

Asuncion

$54 5.1% 70.6% $23

Getting Around

Armenia

$16 * 1.4%

Asuncion

$50 4.6% 215% $34

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

Cost Breakdown

A central one-bedroom costs $573 in Armenia versus $645 in Asuncion. 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 45% higher in Asuncion, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $32.00 in Armenia versus $44.00 in Asuncion. Groceries tell a different story – $289 in Armenia vs $217 in Asuncion – so Asuncion wins on supermarket bills even if dining out costs more.

Good to know

🇨🇴 Armenia

🇵🇾 Asuncion

🕒 Local time

06:10 6:10 AM

08:10 8:10 AM

2 h ahead of Armenia

🌤 Weather

👥 Population

316,926

742,023 Capital

💱 Currency

Colombian Peso COP $

Paraguayan Guarani PYG ₲

📈 Exchange rate

10,000 COP = 3.14 USD

10,000 COP = 2.81 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.57 EUR

Exchange rates and currency converter

PYG, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 15, 2026: 1 USD = 3,181 COP (10,000 COP = 3.14 USD). 1 EUR = 3,562 COP (10,000 COP = 2.81 EUR).

Paraguayan Guarani exchange rates as of October 15, 2026: 1 USD = 5,684 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,365 PYG (10,000 PYG = 1.57 EUR).

USD to COP in detail →

On the map

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Highest

Between locations

Armenia Asuncion 3,850 km ≈ 5 h nonstop flight

From you

Armenia
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

Armenia vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Armenia is pricier by about 8%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,746 per month in Armenia and $1,613 in Asuncion. 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.

Monthly expenses with rent come to $1,164 in Armenia and $1,075 in Asuncion. That's a gap of about 8%.

Kindergarten costs $789 per month in Armenia and $190 in Asuncion. 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 $1,075, than in Armenia at $1,164. In Asuncion it covers expenses comfortably, while in Armenia 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.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Asuncion. If higher salaries, better infrastructure, or specific career opportunities are the priority, Armenia makes more sense. Both are solid long-term options with distinct trade-offs.