Last update: Oct 2026

Cost of Living Comparison Between Ibague and Asuncion

For one person, living costs are similar in Ibague and in Asuncion: $1,115 and $1,075 a month, rent and utilities included.

54

Cost of Living Index in Ibague
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Ibague Living Index
52

Cost of Living Index in Asuncion
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Asuncion Living Index

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Ibague

🇨🇴 Colombia

$1,115

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

Monthly Cost of Living

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

A single person spends $1,115 per month in Ibague vs $1,075 in Asuncion, rent included.

Ibague $1,115
Asuncion $1,075

A couple spends around $1,770 per month in Ibague vs $1,684 in Asuncion, rent included.

Ibague $1,770
Asuncion $1,684

A family of three spends $2,426 per month in Ibague vs $2,292 in Asuncion, rent included.

Ibague $2,426
Asuncion $2,292

Ibague costs about 4% more than Asuncion, and outside of rent the biggest gap is in clothing.

Both Ibague and Asuncion are more affordable than the global median – Ibague 17% lower, Asuncion 20% lower.

Meal at Budget Restaurant

$7.68 COP 24.3K

$7.15 ₲40.6K

7.41%

Three-Course Dinner for Two, Mid-Range

$42.39 COP 134.4K

$43.57 ₲247.8K

-2.71%

Fast Food Meal (McDonalds, etc)

$7.78 COP 24.7K

$7.10 ₲40.4K

9.58%

Cappuccino

$1.60 COP 5,066

$3.51 ₲20.0K

-54.42%

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

$1.11 COP 3,527

$1.05 ₲5,980

5.71%

Water (0.33 liter bottle)

$0.75 COP 2,387

$0.58 ₲3,289

29.31%

Local Beer (0.5 liter draught)

$1.42 COP 4,513

$1.89 ₲10.8K

-24.87%

Imported Beer (0.33 liter bottle)

$3.98 COP 12.6K

$1.74 ₲9,906

128.74%

Milk (1 liter)

$1.08 COP 3,412

$1.29 ₲7,321

-16.28%

White Bread (500g)

$2.50 COP 7,921

$1.50 ₲8,514

66.67%

Rice (white) (1kg)

$1.16 COP 3,664

$1.39 ₲7,922

-16.55%

Eggs

$2.19 COP 6,957

$2.48 ₲14.1K

-11.69%

Local Cheese (1kg)

$8.03 COP 25.5K

$9.74 ₲55.4K

-17.56%

Chicken Fillets (1kg)

$6.63 COP 21.0K

$5.19 ₲29.5K

27.75%

Beef Round Steak (1kg)

$9.69 COP 30.7K

$10.07 ₲57.2K

-3.77%

Apples (1kg)

$3.42 COP 10.8K

$2.99 ₲17.0K

14.38%

Banana (1kg)

$0.92 COP 2,911

$1.32 ₲7,493

-30.30%

Oranges (1kg)

$1.41 COP 4,484

$1.19 ₲6,742

18.49%

Tomato (1kg)

$1.80 COP 5,722

$2.47 ₲14.1K

-27.13%

Potato (1kg)

$0.80 COP 2,532

$1.40 ₲7,984

-42.86%

Onion (1kg)

$0.75 COP 2,363

$1.33 ₲7,562

-43.61%

Lettuce (1 head)

$0.80 COP 2,544

$0.92 ₲5,243

-13.04%

Water (1.5 liter bottle)

$1.20 COP 3,798

$0.77 ₲4,372

55.84%

Cigarettes 20 Pack (Marlboro, Camel)

$4.34 COP 13.8K

$2.43 ₲13.8K

78.60%

Wine (Bottle)

$12.68 COP 40.2K

$9.08 ₲51.6K

39.65%

Local Beer (0.5 liter bottle)

$1.39 COP 4,418

$1.42 ₲8,064

-2.11%

Imported Beer (0.33 liter bottle)

$2.87 COP 9,109

$1.79 ₲10.2K

60.34%

One-way Ticket (Public Transport)

$1.05 COP 3,321

$0.58 ₲3,315

81.03%

Public Transport Monthly Pass (Regular Price)

$62.5 COP 198.0K

$37.92 ₲215.6K

64.69%

Taxi Start (Normal Tariff)

$1.37 COP 4,340

$1.54 ₲8,735

-11.04%

Taxi (Normal Tariff) (1km)

$0.35 COP 1,118

$1.62 ₲9,204

-78.40%

Taxi 1hour Waiting (Normal Tariff)

$2.15 COP 6,802

$10.44 ₲59.4K

-79.41%

Gasoline (1 liter)

$1.32 COP 4,185

$1.29 ₲7,320

2.33%

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

$20.3K COP 64.5M

$17.5K ₲99.5M

16.22%

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

$36.1K COP 114.5M

$35.0K ₲199.2M

3.04%

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

$40.84 COP 129.5K

$51.5 ₲293.0K

-20.75%

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

$9.56 COP 30.3K

$17.68 ₲100.5K

-45.93%

Internet (50+ Mbps, Unlimited Data)

$13.89 COP 44.0K

$22.35 ₲127.1K

-37.85%

Gym Membership (Monthly)

$27.47 COP 87.1K

$36.60 ₲208.1K

-24.95%

Tennis Court (1 Hour on Weekend)

$15.33 ₲87.2K

Cinema Ticket

$4.77 COP 15.1K

$8.89 ₲50.6K

-46.34%

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

$502 COP 1.6M

$190 ₲1.1M

164.63%

International Primary School, 1 Child (Yearly)

$7,436 COP 23.6M

$5,930 ₲33.7M

25.39%

Jeans (Levis 501 Or Similar)

$25.07 COP 79.5K

$64.7 ₲368.0K

-61.26%

Summer Dress (H&M, Zara, etc)

$48.53 COP 153.9K

$57.9 ₲329.4K

-16.21%

Sport Shoes (Adidas, Nike)

$78.6 COP 249.2K

$107 ₲610.0K

-26.74%

Men's Leather Business Shoes

$105 COP 333.4K

$73.3 ₲416.8K

43.47%

1-bedroom Apartment, City Center (Monthly)

$651 COP 2.1M

$645 ₲3.7M

0.91%

1-bedroom Apartment, Outside City Center (Monthly)

$469 COP 1.5M

$385 ₲2.2M

21.75%

3-bedroom Apartment, City Center (Monthly)

$1,007 COP 3.2M

$1,061 ₲6.0M

-5.08%

3-bedroom Apartment, Outside City Center (Monthly)

$888 COP 2.8M

$654 ₲3.7M

35.82%

Buy Apartment in City Center (m2)

$1,965 COP 6.2M

$1,715 ₲9.8M

14.57%

Buy Apartment Outside City Center (m2)

$1,656 COP 5.2M

$1,205 ₲6.9M

37.42%

Average Monthly Net Salary (After Tax)

$616 COP 2.0M

$747 ₲4.2M

-17.45%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

10.5

22.00%

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

Last update for Ibague: October 13, 2026

Last update for Asuncion: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Ibague

$469 42.1%

Asuncion

$385 35.9% 17.9% $84

Groceries & Markets

Ibague

$232 20.8%

Asuncion

$217 20.2% 6.5% $15

Eating Out

Ibague

$126 11.4%

Asuncion

$140 13% 10.8% $14

Clothing & Footwear

Ibague

$116 10.4%

Asuncion

$136 12.7% 17.8% $21

Getting Around

Ibague

$70 6.3%

Asuncion

$50 4.6% 28.5% $20

Monthly Utilities & Internet

Ibague

$64 5.8%

Asuncion

$92 8.5% 42.4% $27

Sport & Entertainment

Ibague

$37 3.3%

Asuncion

$54 5.1% 47% $17

Cost Breakdown

A central one-bedroom costs $651 in Ibague 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 21% 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 $42.00 in Ibague versus $44.00 in Asuncion. Groceries tell a different story – $232 in Ibague vs $217 in Asuncion – so Asuncion wins on supermarket bills even if dining out costs more.

Good to know

🇨🇴 Ibague

🇵🇾 Asuncion

🕒 Local time

08:17 8:17 AM

10:17 10:17 AM

2 h ahead of Ibague

🌤 Weather

👥 Population

530,000

742,023 Capital

💱 Currency

Colombian Peso COP $

Paraguayan Guarani PYG ₲

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 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 19, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

Paraguayan Guarani exchange rates as of October 19, 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 COP in detail →

On the map

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Highest

Between locations

Ibague Asuncion 3,810 km ≈ 5 h nonstop flight

From you

Ibague
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

Ibague vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Ibague is pricier by about 4%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $1,672 per month in Ibague 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.

Public transport costs about 65% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $502 per month in Ibague 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 Ibague at $1,115. In Asuncion it covers expenses comfortably, while in Ibague 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, Ibague makes more sense. Both are solid long-term options with distinct trade-offs.