Last update: Oct 2026

Cost of Living Comparison Between Guayaquil and Asuncion

For one person, living is cheaper in Asuncion: $1,049 a month against $1,140 in Guayaquil, rent and utilities included – about $1,100 less a year. Higher rent and utilities in Guayaquil outweigh lower spending on other living expenses.

55

Cost of Living Index in Guayaquil
Learn more

Guayaquil Living Index
51

Cost of Living Index in Asuncion
Learn more

Asuncion Living Index

Jump to prices

Guayaquil

🇪🇨 Ecuador

$1,140

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,049

/mo nomad

Monthly Cost of Living

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

A single person spends $1,140 per month in Guayaquil vs $1,049 in Asuncion, rent included.

Guayaquil $1,140
Asuncion $1,049

A couple spends around $1,766 per month in Guayaquil vs $1,635 in Asuncion, rent included.

Guayaquil $1,766
Asuncion $1,635

A family of three spends $2,392 per month in Guayaquil vs $2,221 in Asuncion, rent included.

Guayaquil $2,392
Asuncion $2,221

Guayaquil costs about 9% more than Asuncion, and outside of rent the biggest gap is in transport.

Both Guayaquil and Asuncion are more affordable than the global median – Guayaquil 15% lower, Asuncion 22% lower.

Meal at Budget Restaurant

$3.90 $3.90

$6.66 ₲37.8K

-41.44%

Three-Course Dinner for Two, Mid-Range

$52.0 $52.0

$43.46 ₲246.7K

19.54%

Fast Food Meal (McDonalds, etc)

$9.25 $9.25

$6.63 ₲37.6K

39.52%

Cappuccino

$2.80 $2.80

$3.44 ₲19.5K

-18.60%

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

$0.87 $0.87

$1.07 ₲6,047

-18.69%

Water (0.33 liter bottle)

$0.71 $0.71

$0.58 ₲3,299

22.41%

Local Beer (0.5 liter draught)

$3.07 $3.07

$1.85 ₲10.5K

65.95%

Imported Beer (0.33 liter bottle)

$4.20 $4.20

$1.70 ₲9,643

147.06%

Milk (1 liter)

$1.16 $1.16

$1.25 ₲7,087

-7.20%

White Bread (500g)

$1.98 $1.98

$1.49 ₲8,448

32.89%

Rice (white) (1kg)

$1.43 $1.43

$1.35 ₲7,645

5.93%

Eggs

$2.04 $2.04

$2.32 ₲13.2K

-12.07%

Local Cheese (1kg)

$7.09 $7.09

$9.85 ₲55.9K

-28.02%

Chicken Fillets (1kg)

$5.09 $5.09

$5.20 ₲29.5K

-2.12%

Beef Round Steak (1kg)

$8.98 $8.98

$9.91 ₲56.3K

-9.38%

Apples (1kg)

$1.46 $1.46

$2.99 ₲17.0K

-51.17%

Banana (1kg)

$1.19 $1.19

$1.23 ₲6,961

-3.25%

Oranges (1kg)

$0.98 $0.98

$1.21 ₲6,866

-19.01%

Tomato (1kg)

$0.96 $0.96

$2.45 ₲13.9K

-60.82%

Potato (1kg)

$1.24 $1.24

$1.30 ₲7,405

-4.62%

Onion (1kg)

$0.93 $0.93

$1.34 ₲7,583

-30.60%

Lettuce (1 head)

$0.83 $0.83

$0.84 ₲4,746

-1.19%

Water (1.5 liter bottle)

$1.03 $1.03

$0.69 ₲3,926

49.28%

Cigarettes 20 Pack (Marlboro, Camel)

$5.86 $5.86

$2.24 ₲12.7K

161.61%

Wine (Bottle)

$11.93 $11.93

$9.02 ₲51.2K

32.26%

Local Beer (0.5 liter bottle)

$1.49 $1.49

$1.33 ₲7,537

12.03%

Imported Beer (0.33 liter bottle)

$2.22 $2.22

$1.68 ₲9,516

32.14%

One-way Ticket (Public Transport)

$0.33 $0.33

$0.57 ₲3,213

-42.11%

Public Transport Monthly Pass (Regular Price)

$19.95 $19.95

$38.02 ₲215.8K

-47.53%

Taxi Start (Normal Tariff)

$2.70 $2.70

$1.45 ₲8,222

86.21%

Taxi (Normal Tariff) (1km)

$1.74 $1.74

$1.57 ₲8,936

10.83%

Taxi 1hour Waiting (Normal Tariff)

$12.08 $12.08

$10.04 ₲57.0K

20.32%

Gasoline (1 liter)

$0.89 $0.89

$1.21 ₲6,842

-26.45%

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

$20.9K $20.9K

$16.9K ₲96.1M

23.31%

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

$30.9K $30.9K

$35.3K ₲200.5M

-12.41%

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

$127 $127

$50.1 ₲284.3K

153.53%

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

$15.01 $15.01

$16.94 ₲96.2K

-11.39%

Internet (50+ Mbps, Unlimited Data)

$25.75 $25.75

$21.75 ₲123.5K

18.39%

Gym Membership (Monthly)

$46.73 $46.73

$36.50 ₲207.2K

28.03%

Tennis Court (1 Hour on Weekend)

$26.66 $26.66

$14.89 ₲84.5K

79.05%

Cinema Ticket

$7.57 $7.57

$8.59 ₲48.8K

-11.87%

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

$403 $403

$184 ₲1.0M

119.04%

International Primary School, 1 Child (Yearly)

$6,002 $6,002

$5,873 ₲33.3M

2.19%

Jeans (Levis 501 Or Similar)

$64.6 $64.6

$62.4 ₲354.4K

3.52%

Summer Dress (H&M, Zara, etc)

$40.19 $40.19

$55.4 ₲314.2K

-27.40%

Sport Shoes (Adidas, Nike)

$125 $125

$104 ₲592.2K

19.76%

Men's Leather Business Shoes

$93.6 $93.6

$69.2 ₲392.6K

35.38%

1-bedroom Apartment, City Center (Monthly)

$477 $477

$620 ₲3.5M

-23.12%

1-bedroom Apartment, Outside City Center (Monthly)

$390 $390

$373 ₲2.1M

4.57%

3-bedroom Apartment, City Center (Monthly)

$795 $795

$1,050 ₲6.0M

-24.23%

3-bedroom Apartment, Outside City Center (Monthly)

$739 $739

$624 ₲3.5M

18.42%

Buy Apartment in City Center (m2)

$2,298 $2,298

$1,716 ₲9.7M

33.93%

Buy Apartment Outside City Center (m2)

$1,445 $1,445

$1,242 ₲7.0M

16.37%

Average Monthly Net Salary (After Tax)

$626 $626

$723 ₲4.1M

-13.37%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.05

10.15

-0.99%

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

Last update for Guayaquil: October 4, 2026

Last update for Asuncion: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Guayaquil

$390 34.8%

Asuncion

$373 35.8% 4.4% $17

Groceries & Markets

Guayaquil

$199 17.8%

Asuncion

$213 20.4% 7% $14

Monthly Utilities & Internet

Guayaquil

$168 15%

Asuncion

$89 8.5% 47.1% $79

Clothing & Footwear

Guayaquil

$146 13%

Asuncion

$131 12.6% 9.9% $14

Eating Out

Guayaquil

$123 11%

Asuncion

$134 12.8% 8.9% $11

Sport & Entertainment

Guayaquil

$62 5.5%

Asuncion

$54 5.2% 13.2% $8.2

Getting Around

Guayaquil

$33 2.9%

Asuncion

$50 4.8% 51.9% $17

Cost Breakdown

A central one-bedroom costs $477 in Guayaquil 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 15% 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 $52.0 in Guayaquil versus $43.00 in Asuncion. Groceries tell a different story – $199 in Guayaquil vs $213 in Asuncion – so Guayaquil wins on supermarket bills even if dining out costs more.

Good to know

🇪🇨 Guayaquil

🇵🇾 Asuncion

🕒 Local time

06:22 6:22 AM

08:22 8:22 AM

2 h ahead of Guayaquil

🌤 Weather

👥 Population

3,500,000

742,023 Capital

💱 Currency

United States Dollar USD $

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 USD = 0.892 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.57 EUR

Exchange rates and currency converter

PYG, EUR to USD – United States Dollar Converter

🇵🇾 Paraguayan Guarani (₲)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 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).

PYG to USD in detail →

On the map

Lowest

Highest

Between locations

Guayaquil Asuncion 3,510 km ≈ 5 h nonstop flight

From you

Guayaquil
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

Guayaquil vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Guayaquil is pricier by about 9%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $1,710 per month in Guayaquil 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 91% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $403 per month in Guayaquil 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 Guayaquil at $1,140. In Asuncion it covers expenses comfortably, while in Guayaquil 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.

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