Last update: Oct 2026

Cost of Living Comparison Between Ibarra and Asuncion

For one person, living is cheaper in Ibarra: $681 a month against $1,069 in Asuncion, rent and utilities included – about $4,700 less a year. Rent and utilities account for most of the difference.

33

Cost of Living Index in Ibarra
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Ibarra Living Index
52

Cost of Living Index in Asuncion
Learn more

Asuncion Living Index

Jump to prices

Ibarra

🇪🇨 Ecuador

$681

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,069

/mo nomad

Monthly Cost of Living

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

A single person spends $681 per month in Ibarra vs $1,069 in Asuncion, rent included.

Ibarra $681
Asuncion $1,069

A couple spends around $1,128 per month in Ibarra vs $1,673 in Asuncion, rent included.

Ibarra $1,128
Asuncion $1,673

A family of three spends $1,576 per month in Ibarra vs $2,277 in Asuncion, rent included.

Ibarra $1,576
Asuncion $2,277

Ibarra is about 36% cheaper than Asuncion, and outside of rent the biggest gap is in eating out.

Both Ibarra and Asuncion are more affordable than the global median – Ibarra 50% lower, Asuncion 21% lower.

Meal at Budget Restaurant

$2.55 $2.55

$7.09 ₲40.3K

-64.03%

Three-Course Dinner for Two, Mid-Range

$25.47 $25.47

$43.29 ₲246.1K

-41.16%

Fast Food Meal (McDonalds, etc)

$5.77 $5.77

$6.81 ₲38.7K

-15.27%

Cappuccino

$2.19 $2.19

$3.40 ₲19.3K

-35.59%

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

$1.08 $1.08

$1.06 ₲6,005

1.89%

Water (0.33 liter bottle)

$0.54 $0.54

$0.59 ₲3,381

-8.47%

Local Beer (0.5 liter draught)

$1.98 $1.98

$1.89 ₲10.7K

4.76%

Imported Beer (0.33 liter bottle)

$2.19 $2.19

$1.79 ₲10.2K

22.35%

Milk (1 liter)

$1.00 $1.00

$1.27 ₲7,227

-21.26%

White Bread (500g)

$1.01 $1.01

$1.46 ₲8,317

-30.82%

Rice (white) (1kg)

$1.49 $1.49

$1.37 ₲7,771

8.76%

Eggs

$2.08 $2.08

$2.49 ₲14.1K

-16.47%

Local Cheese (1kg)

$3.83 $3.83

$9.72 ₲55.2K

-60.60%

Chicken Fillets (1kg)

$5.59 $5.59

$5.43 ₲30.9K

2.95%

Beef Round Steak (1kg)

$7.69 $7.69

$10.00 ₲56.9K

-23.10%

Apples (1kg)

$2.03 $2.03

$2.94 ₲16.7K

-30.95%

Banana (1kg)

$1.24 $1.24

$1.26 ₲7,174

-1.59%

Oranges (1kg)

$1.27 $1.27

$1.19 ₲6,792

6.72%

Tomato (1kg)

$0.86 $0.86

$2.53 ₲14.4K

-66.01%

Potato (1kg)

$0.52 $0.52

$1.35 ₲7,674

-61.48%

Onion (1kg)

$1.03 $1.03

$1.29 ₲7,360

-20.16%

Lettuce (1 head)

$0.69 $0.69

$0.87 ₲4,965

-20.69%

Water (1.5 liter bottle)

$0.99 $0.99

$0.73 ₲4,128

35.62%

Cigarettes 20 Pack (Marlboro, Camel)

$2.91 $2.91

$2.41 ₲13.7K

20.75%

Wine (Bottle)

$9.84 $9.84

$9.47 ₲53.8K

3.91%

Local Beer (0.5 liter bottle)

$1.58 $1.58

$1.41 ₲7,998

12.06%

Imported Beer (0.33 liter bottle)

$3.19 $3.19

$1.72 ₲9,755

85.47%

One-way Ticket (Public Transport)

$0.36 $0.36

$0.62 ₲3,508

-41.94%

Public Transport Monthly Pass (Regular Price)

$17.86 $17.86

$37.61 ₲213.8K

-52.51%

Taxi Start (Normal Tariff)

$1.47 $1.47

$1.53 ₲8,710

-3.92%

Taxi (Normal Tariff) (1km)

$1.54 $1.54

$1.53 ₲8,700

0.65%

Taxi 1hour Waiting (Normal Tariff)

$9.90 $9.90

$10.61 ₲60.3K

-6.69%

Gasoline (1 liter)

$0.68 $0.68

$1.28 ₲7,274

-46.88%

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

$20.7K $20.7K

$17.5K ₲99.5M

18.25%

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

$28.8K $28.8K

$29.4K ₲167.2M

-2.18%

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

$28.49 $28.49

$49.78 ₲283.0K

-42.77%

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

$15.03 $15.03

$17.74 ₲100.9K

-15.28%

Internet (50+ Mbps, Unlimited Data)

$18.15 $18.15

$22.69 ₲129.0K

-20.01%

Gym Membership (Monthly)

$30.39 $30.39

$36.22 ₲205.9K

-16.10%

Tennis Court (1 Hour on Weekend)

$16.34 $16.34

$15.06 ₲85.7K

8.50%

Cinema Ticket

$6.21 $6.21

$8.67 ₲49.3K

-28.37%

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

$112 $112

$189 ₲1.1M

-40.65%

International Primary School, 1 Child (Yearly)

$8,951 $8,951

$5,686 ₲32.3M

57.43%

Jeans (Levis 501 Or Similar)

$59.1 $59.1

$64.1 ₲364.5K

-7.77%

Summer Dress (H&M, Zara, etc)

$44.78 $44.78

$56.7 ₲322.2K

-20.97%

Sport Shoes (Adidas, Nike)

$91.5 $91.5

$106 ₲603.5K

-13.80%

Men's Leather Business Shoes

$49.31 $49.31

$71.6 ₲406.8K

-31.08%

1-bedroom Apartment, City Center (Monthly)

$223 $223

$624 ₲3.6M

-64.34%

1-bedroom Apartment, Outside City Center (Monthly)

$177 $177

$387 ₲2.2M

-54.33%

3-bedroom Apartment, City Center (Monthly)

$733 $733

$1,057 ₲6.0M

-30.63%

3-bedroom Apartment, Outside City Center (Monthly)

$409 $409

$656 ₲3.7M

-37.55%

Buy Apartment in City Center (m2)

$1,199 $1,199

$1,733 ₲9.9M

-30.78%

Buy Apartment Outside City Center (m2)

$770 $770

$1,228 ₲7.0M

-37.29%

Average Monthly Net Salary (After Tax)

$612 $612

$721 ₲4.1M

-15.12%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.12

10.5

-3.62%

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

Last update for Ibarra: October 18, 2026

Last update for Asuncion: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Ibarra

$177 26%

Asuncion

$387 36.2% 119% $210

Groceries & Markets

Ibarra

$176 25.9%

Asuncion

$217 20.3% 23.3% $41

Clothing & Footwear

Ibarra

$110 16.2%

Asuncion

$134 12.6% 22% $24

Eating Out

Ibarra

$85 12.5%

Asuncion

$138 12.9% 62.3% $53

Monthly Utilities & Internet

Ibarra

$62 9.1%

Asuncion

$90 8.4% 46.3% $29

Sport & Entertainment

Ibarra

$43 6.3%

Asuncion

$54 5% 25.1% $11

Getting Around

Ibarra

$29 4.2%

Asuncion

$49 4.6% 72.8% $21

Cost Breakdown

A central one-bedroom costs $223 in Ibarra versus $624 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 18% higher in Asuncion, 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 $25.00 in Ibarra versus $43.00 in Asuncion. Monthly groceries follow the same trend: $176 vs $217 – making Ibarra the more affordable choice for daily food spending.

Good to know

🇪🇨 Ibarra

🇵🇾 Asuncion

🕒 Local time

11:03 11:03 AM

13:03 1:03 PM

2 h ahead of Ibarra

🌤 Weather

👥 Population

108,666

742,023 Capital

💱 Currency

United States Dollar USD $

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 USD = 0.89 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.56 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 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Paraguayan Guarani exchange rates as of October 20, 2026: 1 USD = 5,686 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,393 PYG (10,000 PYG = 1.56 EUR).

PYG to USD in detail →

On the map

Lowest

Highest

Between locations

Ibarra Asuncion 3,600 km ≈ 5 h nonstop flight

From you

Ibarra
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

Ibarra vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 57%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,021 per month in Ibarra and $1,603 in Asuncion. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ibarra, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 111% less in Ibarra. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $112 per month in Ibarra and $189 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 Ibarra, where all-in costs run around $681, than in Asuncion at $1,069. In Ibarra it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.

Families tend to lean toward Ibarra – 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 Ibarra. 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.