Last update: Nov 2026

Cost of Living Comparison Between Elliot Lake, ON and Asuncion

For one person, living is cheaper in Asuncion: $1,032 a month against $2,395 in Elliot Lake, ON, rent and utilities included – about $16,400 less a year. Rent and utilities account for most of the difference.

Elliot Lake, ON, Canada
Asuncion, Paraguay
Elliot Lake, ON
🇨🇦 Canada
$2,395
/mo nomad
Asuncion
🇵🇾 Paraguay
$1,032
/mo nomad
Monthly Cost of Living

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

A single person spends $2,395 per month in Elliot Lake, ON vs $1,032 in Asuncion, rent included.

  • Elliot Lake, ON $2,395
  • Asuncion $1,032

A couple spends around $3,337 per month in Elliot Lake, ON vs $1,625 in Asuncion, rent included.

  • Elliot Lake, ON $3,337
  • Asuncion $1,625

A family of three spends $4,280 per month in Elliot Lake, ON vs $2,217 in Asuncion, rent included.

  • Elliot Lake, ON $4,280
  • Asuncion $2,217

Elliot Lake, ON costs about 132% more than Asuncion, and outside of rent the biggest gap is in groceries.

Elliot Lake, ON sits 77% above the global median, while Asuncion is 24% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Elliot Lake, ON
Asuncion
Difference
Meal at Budget Restaurant
$17.55 CA$24.69
$7.19 ₲45.7K
144.09%
Three-Course Dinner for Two, Mid-Range
$65.2 CA$91.6
$42.94 ₲273.0K
51.75%
Fast Food Meal (McDonalds, etc)
$10.91 CA$15.35
$6.58 ₲41.9K
65.81%
Cappuccino
$3.27 CA$4.60
$3.28 ₲20.9K
-0.30%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.08 CA$2.93
$1.01 ₲6,391
105.94%
Water (0.33 liter bottle)
$1.63 CA$2.29
$0.55 ₲3,521
196.36%
Local Beer (0.5 liter draught)
$5.40 CA$7.59
$2.06 ₲13.1K
162.14%
Imported Beer (0.33 liter bottle)
$5.64 CA$7.94
$1.68 ₲10.7K
235.71%
🛒 Groceries & Markets
Elliot Lake, ON
Asuncion
Difference
Milk (1 liter)
$2.35 CA$3.31
$1.24 ₲7,913
89.52%
White Bread (500g)
$2.65 CA$3.73
$1.42 ₲8,997
86.62%
Rice (white) (1kg)
$3.67 CA$5.16
$1.30 ₲8,297
182.31%
Eggs
$3.08 CA$4.33
$2.39 ₲15.2K
28.87%
Local Cheese (1kg)
$9.56 CA$13.45
$9.44 ₲60.0K
1.27%
Chicken Fillets (1kg)
$12.90 CA$18.15
$5.10 ₲32.4K
152.94%
Beef Round Steak (1kg)
$16.16 CA$22.73
$9.66 ₲61.4K
67.29%
Apples (1kg)
$4.22 CA$5.94
$3.00 ₲19.1K
40.67%
Banana (1kg)
$1.37 CA$1.92
$1.25 ₲7,930
9.60%
Oranges (1kg)
$3.68 CA$5.18
$1.16 ₲7,361
217.24%
Tomato (1kg)
$3.73 CA$5.24
$2.42 ₲15.4K
54.13%
Potato (1kg)
$2.28 CA$3.21
$1.32 ₲8,365
72.73%
Onion (1kg)
$2.42 CA$3.41
$1.33 ₲8,443
81.95%
Lettuce (1 head)
$2.68 CA$3.76
$0.85 ₲5,388
215.29%
Water (1.5 liter bottle)
$1.74 CA$2.45
$0.69 ₲4,364
152.17%
Cigarettes 20 Pack (Marlboro, Camel)
$16.07 CA$22.61
$2.34 ₲14.9K
586.75%
Wine (Bottle)
$12.84 CA$18.06
$8.87 ₲56.4K
44.76%
Local Beer (0.5 liter bottle)
$3.03 CA$4.26
$1.30 ₲8,283
133.08%
Imported Beer (0.33 liter bottle)
$3.17 CA$4.46
$1.65 ₲10.5K
92.12%
🚌 Getting Around
Elliot Lake, ON
Asuncion
Difference
One-way Ticket (Public Transport)
$2.34 CA$3.28
$0.59 ₲3,783
296.61%
Public Transport Monthly Pass (Regular Price)
$71.3 CA$100
$35.97 ₲228.7K
98.30%
Taxi Start (Normal Tariff)
$2.85 CA$4.01
$1.44 ₲9,129
97.92%
Taxi (Normal Tariff) (1km)
$1.53 CA$2.15
$1.53 ₲9,743
-
Taxi 1hour Waiting (Normal Tariff)
$23.44 CA$32.96
$10.03 ₲63.8K
133.70%
Gasoline (1 liter)
$1.07 CA$1.51
$1.21 ₲7,681
-11.57%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$30.9K CA$43.5K
$16.8K ₲106.9M
84.01%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.5K CA$34.5K
$29.2K ₲185.8M
-16.17%
🧾 Monthly Utilities & Internet
Elliot Lake, ON
Asuncion
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$157 CA$221
$49.05 ₲311.9K
220.98%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$37.24 CA$52.4
$16.79 ₲106.7K
121.80%
Internet (50+ Mbps, Unlimited Data)
$60.0 CA$84.3
$21.60 ₲137.4K
177.59%
🎉 Sport & Entertainment
Elliot Lake, ON
Asuncion
Difference
Gym Membership (Monthly)
$40.80 CA$57.4
$35.35 ₲224.8K
15.42%
Tennis Court (1 Hour on Weekend)
$20.68 CA$29.09
$14.61 ₲92.9K
41.55%
Cinema Ticket
$12.31 CA$17.31
$8.51 ₲54.1K
44.65%
🧸 Childcare & Education
Elliot Lake, ON
Asuncion
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$546 CA$767
$183 ₲1.2M
197.89%
International Primary School, 1 Child (Yearly)
$13.1K CA$18.5K
$5,730 ₲36.4M
129.13%
👕👟 Clothing & Footwear
Elliot Lake, ON
Asuncion
Difference
Jeans (Levis 501 Or Similar)
$54.4 CA$76.6
$63.2 ₲401.8K
-13.86%
Summer Dress (H&M, Zara, etc)
$43.50 CA$61.2
$56.7 ₲360.2K
-23.23%
Sport Shoes (Adidas, Nike)
$94.7 CA$133
$104 ₲662.3K
-9.05%
Men's Leather Business Shoes
$92.4 CA$130
$70.2 ₲446.2K
31.62%
🏠 Accommodation & Living
Elliot Lake, ON
Asuncion
Difference
1-bedroom Apartment, City Center (Monthly)
$1,426 CA$2,005
$611 ₲3.9M
133.15%
1-bedroom Apartment, Outside City Center (Monthly)
$1,218 CA$1,713
$367 ₲2.3M
232.16%
3-bedroom Apartment, City Center (Monthly)
$1,946 CA$2,736
$1,033 ₲6.6M
88.33%
3-bedroom Apartment, Outside City Center (Monthly)
$1,653 CA$2,325
$630 ₲4.0M
162.29%
Buy Apartment in City Center (m2)
$3,822 CA$5,374
$1,747 ₲11.1M
118.79%
Buy Apartment Outside City Center (m2)
$3,263 CA$4,588
$1,234 ₲7.8M
164.33%
💵 Salaries & Financials
Elliot Lake, ON
Asuncion
Difference
Average Monthly Net Salary (After Tax)
-
$676 ₲4.3M
-
20-Year Fixed Mortgage Interest Rate (Annual %)
4.68
10.15
-53.89%

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

Last update for Elliot Lake, ON: November 2, 2026

Last update for Asuncion: November 1, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Elliot Lake, ON
$1.2K
Asuncion
$367 69.9% $851
Groceries & Markets
Elliot Lake, ON
$372
Asuncion
$209 43.7% $163
Eating Out
Elliot Lake, ON
$266
Asuncion
$137 48.6% $129
Monthly Utilities & Internet
Elliot Lake, ON
$255
Asuncion
$87 65.7% $167
Clothing & Footwear
Elliot Lake, ON
$128
Asuncion
$132 3.2% $4.1
Getting Around
Elliot Lake, ON
$91
Asuncion
$47 47.9% $44
Sport & Entertainment
Elliot Lake, ON
$65
Asuncion
$52 19.9% $13

Cost Breakdown

A central one-bedroom costs $1,426 in Elliot Lake, ON versus $611 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 $65 in Elliot Lake, ON versus $43 in Asuncion. Monthly groceries follow the same trend: $372 vs $209 – making Asuncion the more affordable choice for daily food spending.

Good to know
🇨🇦 Elliot Lake, ON
🇵🇾 Asuncion
🕒 Local time
11:20 11:20 AM
13:20 1:20 PM
2 h ahead of Elliot Lake, ON
🌤 Weather
👥 Population
10,741
742,023 Capital
💱 Currency
Exchange rates and currency converter

PYG, USD, EUR to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.58 CAD (1 CAD = 0.633 EUR).

Paraguayan Guarani exchange rates as of November 6, 2026: 1 USD = 6,358 PYG (10,000 PYG = 1.57 USD). 1 EUR = 7,141 PYG (10,000 PYG = 1.4 EUR).

On the map
Between locations
  • Elliot Lake, ON Asuncion 8,360 km ≈ 11 h nonstop flight
From you
  • Elliot Lake, ON
  • 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
Elliot Lake, ON vs Asuncion: Cost of Living - Frequently Asked Questions
Is Asuncion cheaper than Elliot Lake, ON?
Yes – Elliot Lake, ON is pricier by about 132%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $3,592 per month in Elliot Lake, ON and $1,548 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 Asuncion, especially for central apartments: a one-bedroom in the center costs $611 there versus $1,426 in Elliot Lake, ON.
Which city has cheaper public transport?
Public transport costs about 50% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.
Which city has cheaper kindergarten?
Kindergarten costs $546 per month in Elliot Lake, ON and $183 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 Elliot Lake, ON or in Asuncion?
A $1,500 monthly budget goes further in Asuncion, where all-in costs run around $1,032, than in Elliot Lake, ON at $2,395. In Asuncion it covers expenses comfortably, while in Elliot Lake, ON it requires careful planning or may not stretch far enough.
Is Elliot Lake, ON or Asuncion more family-friendly?
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.
Which city is easier to live in as a foreigner?
For expats, Asuncion is the easier option financially – housing and daily costs are lower, and overall it costs about 57% less, which matters a lot on a fixed budget or early-career salary.

Elliot Lake, ON vs other spots: cost of living compared

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