Last update: Oct 2026

Cost of Living Comparison Between George Town and Asuncion

For one person, living is cheaper in Asuncion: $1,049 a month against $4,862 in George Town, rent and utilities included – about $45,800 less a year. Rent and utilities account for most of the difference.

237

Cost of Living Index in George Town
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George Town Living Index
51

Cost of Living Index in Asuncion
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Asuncion Living Index

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George Town

🇰🇾 Cayman Islands

$4,862

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,049

/mo nomad

Monthly Cost of Living

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

A single person spends $4,862 per month in George Town vs $1,049 in Asuncion, rent included.

George Town $4,862
Asuncion $1,049

A couple spends around $7,338 per month in George Town vs $1,635 in Asuncion, rent included.

George Town $7,338
Asuncion $1,635

A family of three spends $9,814 per month in George Town vs $2,221 in Asuncion, rent included.

George Town $9,814
Asuncion $2,221

George Town costs about 363% more than Asuncion, and outside of rent the biggest gap is in groceries.

George Town sits 263% above the global median, while Asuncion is 22% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$30.59 KYD 25.09

$6.66 ₲37.8K

359.31%

Three-Course Dinner for Two, Mid-Range

$116 KYD 94.7

$43.46 ₲246.7K

165.78%

Fast Food Meal (McDonalds, etc)

$16.82 KYD 13.79

$6.63 ₲37.6K

153.70%

Cappuccino

$7.14 KYD 5.86

$3.44 ₲19.5K

107.56%

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

$3.06 KYD 2.51

$1.07 ₲6,047

185.98%

Water (0.33 liter bottle)

$2.84 KYD 2.33

$0.58 ₲3,299

389.66%

Local Beer (0.5 liter draught)

$7.11 KYD 5.83

$1.85 ₲10.5K

284.32%

Imported Beer (0.33 liter bottle)

$9.74 KYD 7.99

$1.70 ₲9,643

472.94%

Milk (1 liter)

$4.70 KYD 3.85

$1.25 ₲7,087

276.00%

White Bread (500g)

$4.13 KYD 3.38

$1.49 ₲8,448

177.18%

Rice (white) (1kg)

$4.41 KYD 3.62

$1.35 ₲7,645

226.67%

Eggs

$7.21 KYD 5.91

$2.32 ₲13.2K

210.78%

Local Cheese (1kg)

$56.9 KYD 46.64

$9.85 ₲55.9K

477.46%

Chicken Fillets (1kg)

$19.04 KYD 15.62

$5.20 ₲29.5K

266.15%

Beef Round Steak (1kg)

$19.67 KYD 16.13

$9.91 ₲56.3K

98.49%

Apples (1kg)

$7.55 KYD 6.19

$2.99 ₲17.0K

152.51%

Banana (1kg)

$3.63 KYD 2.98

$1.23 ₲6,961

195.12%

Oranges (1kg)

$6.19 KYD 5.07

$1.21 ₲6,866

411.57%

Tomato (1kg)

$7.91 KYD 6.49

$2.45 ₲13.9K

222.86%

Potato (1kg)

$4.12 KYD 3.38

$1.30 ₲7,405

216.92%

Onion (1kg)

$4.07 KYD 3.34

$1.34 ₲7,583

203.73%

Lettuce (1 head)

$3.19 KYD 2.62

$0.84 ₲4,746

279.76%

Water (1.5 liter bottle)

$2.26 KYD 1.86

$0.69 ₲3,926

227.54%

Cigarettes 20 Pack (Marlboro, Camel)

$14.16 KYD 11.61

$2.24 ₲12.7K

532.14%

Wine (Bottle)

$25.66 KYD 21.04

$9.02 ₲51.2K

184.48%

Local Beer (0.5 liter bottle)

$4.29 KYD 3.52

$1.33 ₲7,537

222.56%

Imported Beer (0.33 liter bottle)

$5.45 KYD 4.47

$1.68 ₲9,516

224.40%

One-way Ticket (Public Transport)

$2.38 KYD 1.95

$0.57 ₲3,213

317.54%

Public Transport Monthly Pass (Regular Price)

$79.8 KYD 65.5

$38.02 ₲215.8K

109.94%

Taxi Start (Normal Tariff)

$19.15 KYD 15.70

$1.45 ₲8,222

1220.69%

Taxi (Normal Tariff) (1km)

$3.74 KYD 3.07

$1.57 ₲8,936

138.22%

Taxi 1hour Waiting (Normal Tariff)

$44.62 KYD 36.59

$10.04 ₲57.0K

344.42%

Gasoline (1 liter)

$1.58 KYD 1.30

$1.21 ₲6,842

30.58%

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

$42.1K KYD 34.6K

$16.9K ₲96.1M

148.89%

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

$42.0K KYD 34.4K

$35.3K ₲200.5M

18.89%

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

$450 KYD 369

$50.1 ₲284.3K

797.90%

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

$120 KYD 98.2

$16.94 ₲96.2K

606.61%

Internet (50+ Mbps, Unlimited Data)

$113 KYD 92.6

$21.75 ₲123.5K

419.40%

Gym Membership (Monthly)

$217 KYD 178

$36.50 ₲207.2K

493.48%

Tennis Court (1 Hour on Weekend)

$34.74 KYD 28.48

$14.89 ₲84.5K

133.31%

Cinema Ticket

$18.64 KYD 15.28

$8.59 ₲48.8K

117.00%

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

$1,818 KYD 1,490

$184 ₲1.0M

886.65%

International Primary School, 1 Child (Yearly)

$26.5K KYD 21.7K

$5,873 ₲33.3M

351.16%

Jeans (Levis 501 Or Similar)

$87.0 KYD 71.3

$62.4 ₲354.4K

39.34%

Summer Dress (H&M, Zara, etc)

$74.1 KYD 60.8

$55.4 ₲314.2K

33.83%

Sport Shoes (Adidas, Nike)

$137 KYD 113

$104 ₲592.2K

31.69%

Men's Leather Business Shoes

$146 KYD 119

$69.2 ₲392.6K

110.44%

1-bedroom Apartment, City Center (Monthly)

$2,861 KYD 2,346

$620 ₲3.5M

361.06%

1-bedroom Apartment, Outside City Center (Monthly)

$2,479 KYD 2,033

$373 ₲2.1M

564.32%

3-bedroom Apartment, City Center (Monthly)

$5,698 KYD 4,672

$1,050 ₲6.0M

442.78%

3-bedroom Apartment, Outside City Center (Monthly)

$4,775 KYD 3,915

$624 ₲3.5M

664.87%

Buy Apartment in City Center (m2)

$8,919 KYD 7,314

$1,716 ₲9.7M

419.87%

Buy Apartment Outside City Center (m2)

$2,270 KYD 1,861

$1,242 ₲7.0M

82.81%

Average Monthly Net Salary (After Tax)

$7,223 KYD 5,923

$723 ₲4.1M

899.26%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.15

-21.18%

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

Last update for George Town: October 5, 2026

Last update for Asuncion: October 4, 2026

Monthly budget structure

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

Accommodation & Living

George Town

$2.5K 50.3%

Asuncion

$373 35.8% 84.9% $2.1K

Groceries & Markets

George Town

$727 14.8%

Asuncion

$213 20.4% 70.7% $515

Monthly Utilities & Internet

George Town

$682 13.8%

Asuncion

$89 8.5% 87% $594

Eating Out

George Town

$460 9.3%

Asuncion

$134 12.8% 70.9% $326

Sport & Entertainment

George Town

$254 5.2%

Asuncion

$54 5.2% 78.9% $200

Clothing & Footwear

George Town

$200 4.1%

Asuncion

$131 12.6% 34.4% $69

Getting Around

George Town

$127 2.6%

Asuncion

$50 4.8% 61% $78

Cost Breakdown

A central one-bedroom costs $2,861 in George Town versus $620 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 899% higher in George Town, 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 $116 in George Town versus $43.00 in Asuncion. Monthly groceries follow the same trend: $727 vs $213 – making Asuncion the more affordable choice for daily food spending.

Good to know

🇰🇾 George Town

🇵🇾 Asuncion

🕒 Local time

06:32 6:32 AM

08:32 8:32 AM

2 h ahead of George Town

🌤 Weather

👥 Population

28,089 Capital

742,023 Capital

💱 Currency

Cayman Islands Dollar KYD $

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 KYD = 1.22 USD

1 KYD = 1.09 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.57 EUR

Exchange rates and currency converter

PYG, USD, EUR to KYD – Cayman Islands Dollar Converter

🇺🇸 United States Dollar ($)

🇰🇾 Cayman Islands Dollar ($)

Cayman Islands Dollar exchange rates as of October 10, 2026: 1 USD = 0.82 KYD (1 KYD = 1.22 USD). 1 EUR = 0.919 KYD (1 KYD = 1.09 EUR).

Paraguayan Guarani exchange rates as of October 10, 2026: 1 USD = 5,676 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,361 PYG (10,000 PYG = 1.57 EUR).

USD to KYD in detail →

On the map

Lowest

Highest

Between locations

George Town Asuncion 5,580 km ≈ 7 h nonstop flight

From you

George Town
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

George Town vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – George Town is pricier by about 363%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $7,293 per month in George Town and $1,574 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.

Public transport costs about 110% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,818 per month in George Town and $184 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 $1,049, than in George Town at $4,862. In Asuncion it covers expenses comfortably, while in George Town 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, George Town makes more sense. Both are solid long-term options with distinct trade-offs.