Last update: Oct 2026

Cost of Living Comparison Between Huancayo and Asuncion

For one person, living is cheaper in Huancayo: $487 a month against $1,075 in Asuncion, rent and utilities included – about $7,100 less a year. Rent and utilities account for most of the difference.

24

Cost of Living Index in Huancayo
Learn more

Huancayo Living Index
52

Cost of Living Index in Asuncion
Learn more

Asuncion Living Index

Jump to prices

Huancayo

🇵🇪 Peru

$487

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

Monthly Cost of Living

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

A single person spends $487 per month in Huancayo vs $1,075 in Asuncion, rent included.

Huancayo $487
Asuncion $1,075

A couple spends around $823 per month in Huancayo vs $1,684 in Asuncion, rent included.

Huancayo $823
Asuncion $1,684

A family of three spends $1,159 per month in Huancayo vs $2,292 in Asuncion, rent included.

Huancayo $1,159
Asuncion $2,292

Huancayo is about 55% cheaper than Asuncion, and outside of rent the biggest gap is in groceries.

Both Huancayo and Asuncion are more affordable than the global median – Huancayo 64% lower, Asuncion 20% lower.

Meal at Budget Restaurant

$2.36 PEN 8.09

$7.15 ₲40.6K

-66.99%

Three-Course Dinner for Two, Mid-Range

$34.22 PEN 118

$43.57 ₲247.8K

-21.46%

Fast Food Meal (McDonalds, etc)

$7.15 PEN 24.54

$7.10 ₲40.4K

0.70%

Cappuccino

$3.19 PEN 10.97

$3.51 ₲20.0K

-9.12%

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

$1.06 PEN 3.64

$1.05 ₲5,980

0.95%

Water (0.33 liter bottle)

$0.62 PEN 2.12

$0.58 ₲3,289

6.90%

Local Beer (0.5 liter draught)

$2.64 PEN 9.08

$1.89 ₲10.8K

39.68%

Imported Beer (0.33 liter bottle)

$4.44 PEN 15.25

$1.74 ₲9,906

155.17%

Milk (1 liter)

$1.15 PEN 3.95

$1.29 ₲7,321

-10.85%

White Bread (500g)

$1.01 PEN 3.46

$1.50 ₲8,514

-32.67%

Rice (white) (1kg)

$1.36 PEN 4.68

$1.39 ₲7,922

-2.16%

Eggs

$2.42 PEN 8.32

$2.48 ₲14.1K

-2.42%

Local Cheese (1kg)

$5.35 PEN 18.38

$9.74 ₲55.4K

-45.07%

Chicken Fillets (1kg)

$5.96 PEN 20.47

$5.19 ₲29.5K

14.84%

Beef Round Steak (1kg)

$5.17 PEN 17.75

$10.07 ₲57.2K

-48.66%

Apples (1kg)

$1.41 PEN 4.83

$2.99 ₲17.0K

-52.84%

Banana (1kg)

$1.03 PEN 3.55

$1.32 ₲7,493

-21.97%

Oranges (1kg)

$0.56 PEN 1.91

$1.19 ₲6,742

-52.94%

Tomato (1kg)

$1.19 PEN 4.10

$2.47 ₲14.1K

-51.82%

Potato (1kg)

$0.84 PEN 2.87

$1.40 ₲7,984

-40.00%

Onion (1kg)

$0.91 PEN 3.14

$1.33 ₲7,562

-31.58%

Lettuce (1 head)

$0.60 PEN 2.08

$0.92 ₲5,243

-34.78%

Water (1.5 liter bottle)

$0.83 PEN 2.85

$0.77 ₲4,372

7.79%

Cigarettes 20 Pack (Marlboro, Camel)

$5.73 PEN 19.67

$2.43 ₲13.8K

135.80%

Wine (Bottle)

$5.11 PEN 17.54

$9.08 ₲51.6K

-43.72%

Local Beer (0.5 liter bottle)

$1.85 PEN 6.35

$1.42 ₲8,064

30.28%

Imported Beer (0.33 liter bottle)

$3.11 PEN 10.69

$1.79 ₲10.2K

73.74%

One-way Ticket (Public Transport)

$0.60 PEN 2.05

$0.58 ₲3,315

3.45%

Public Transport Monthly Pass (Regular Price)

$17.32 PEN 59.5

$37.92 ₲215.6K

-54.32%

Taxi Start (Normal Tariff)

$1.85 PEN 6.35

$1.54 ₲8,735

20.13%

Taxi (Normal Tariff) (1km)

$2.05 PEN 7.05

$1.62 ₲9,204

26.54%

Taxi 1hour Waiting (Normal Tariff)

$7.08 PEN 24.33

$10.44 ₲59.4K

-32.18%

Gasoline (1 liter)

$1.47 PEN 5.05

$1.29 ₲7,320

13.95%

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

$22.2K PEN 76.2K

$17.5K ₲99.5M

26.70%

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

$25.5K PEN 87.6K

$35.0K ₲199.2M

-27.24%

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

$34.54 PEN 119

$51.5 ₲293.0K

-32.97%

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

$11.79 PEN 40.49

$17.68 ₲100.5K

-33.31%

Internet (50+ Mbps, Unlimited Data)

$11.69 PEN 40.14

$22.35 ₲127.1K

-47.70%

Gym Membership (Monthly)

$36.60 ₲208.1K

Tennis Court (1 Hour on Weekend)

$15.33 ₲87.2K

Cinema Ticket

$7.44 PEN 25.55

$8.89 ₲50.6K

-16.31%

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

$181 PEN 621

$190 ₲1.1M

-4.71%

International Primary School, 1 Child (Yearly)

$13.3K PEN 45.7K

$5,930 ₲33.7M

124.45%

Jeans (Levis 501 Or Similar)

$52.9 PEN 182

$64.7 ₲368.0K

-18.29%

Summer Dress (H&M, Zara, etc)

$35.47 PEN 122

$57.9 ₲329.4K

-38.76%

Sport Shoes (Adidas, Nike)

$84.6 PEN 290

$107 ₲610.0K

-21.15%

Men's Leather Business Shoes

$78.7 PEN 270

$73.3 ₲416.8K

7.33%

1-bedroom Apartment, City Center (Monthly)

$321 PEN 1,103

$645 ₲3.7M

-50.20%

1-bedroom Apartment, Outside City Center (Monthly)

$385 ₲2.2M

3-bedroom Apartment, City Center (Monthly)

$1,061 ₲6.0M

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

Average Monthly Net Salary (After Tax)

$747 ₲4.2M

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 Huancayo: 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

Huancayo

$162 33.2%

Asuncion

$217 20.2% 34.2% $55

Clothing & Footwear

Huancayo

$113 23.2%

Asuncion

$136 12.7% 20.5% $23

Eating Out

Huancayo

$107 22.1%

Asuncion

$140 13% 30.4% $33

Monthly Utilities & Internet

Huancayo

$58 11.9%

Asuncion

$92 8.5% 57.8% $34

Getting Around

Huancayo

$32 6.5%

Asuncion

$50 4.6% 56.8% $18

Sport & Entertainment

Huancayo

$15 * 3.1%

Asuncion

$54 5.1% 266% $40

Accommodation & Living

Huancayo

- * 0%

Asuncion

$385 35.9%

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

Cost Breakdown

A central one-bedroom costs $321 in Huancayo 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.

A mid-range dinner for two costs $34.00 in Huancayo versus $44.00 in Asuncion. Monthly groceries follow the same trend: $162 vs $217 – making Huancayo the more affordable choice for daily food spending.

Good to know

🇵🇪 Huancayo

🇵🇾 Asuncion

🕒 Local time

14:07 2:07 PM

16:07 4:07 PM

2 h ahead of Huancayo

🌤 Weather

👥 Population

27,552

742,023 Capital

💱 Currency

Peruvian Sol PEN S/

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 EUR

Exchange rates and currency converter

PYG, USD, EUR to PEN – Peruvian Sol Converter

🇺🇸 United States Dollar ($)

🇵🇪 Peruvian Sol (S/)

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).

USD to PEN in detail →

On the map

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Highest

Between locations

Huancayo Asuncion 2,360 km ≈ 3 h 30 min nonstop flight

From you

Huancayo
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

Huancayo vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 121%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $731 per month in Huancayo 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 Huancayo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 119% less in Huancayo. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $181 per month in Huancayo and $190 in Asuncion. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Huancayo, where all-in costs run around $487, than in Asuncion at $1,075. In Huancayo it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.

Families tend to lean toward Huancayo – 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 Huancayo. 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.