Last update: Oct 2026

Cost of Living Comparison Between Italy and Paraguay

Name: Paraguay
Address: PY

For one person, living is cheaper in Paraguay: $993 a month against $1,843 in Italy, rent and utilities included – about $10,200 less a year. Rent and utilities account for most of the difference.

88

Cost of Living Index in Italy
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Italy Living Index
48

Cost of Living Index in Paraguay
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Paraguay Living Index

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🇮🇹 Italy

$1,843

/mo nomad

🇵🇾 Paraguay

$993

/mo nomad

Monthly Cost of Living

How much you'll spend in Italy and in Paraguay

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Italy and in Paraguay actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,843 in Italy versus $993 in Paraguay.

Italy $1,843
Paraguay $993

Estimated couple costs with rent: $2,816 in Italy versus $1,547 in Paraguay.

Italy $2,816
Paraguay $1,547

Monthly costs for a family of three with rent: $3,788 in Italy versus $2,102 in Paraguay.

Italy $3,788
Paraguay $2,102

Internal cost variation is higher in Italy: monthly costs span $1,038 to $2,555, compared to $188–$1,062 in Paraguay. City choice carries more weight in Italy.

Living in Italy is roughly 86% more expensive than in Paraguay on average.

Italy (35% above) and Paraguay (27% below) straddle the global median.

Meal at Budget Restaurant

$20.46 €18.27

$6.62 ₲39.2K

209.06%

Three-Course Dinner for Two, Mid-Range

$79.5 €71.0

$34.73 ₲205.4K

128.91%

Fast Food Meal (McDonalds, etc)

$11.15 €9.96

$6.99 ₲41.4K

59.51%

Cappuccino

$2.04 €1.82

$3.04 ₲18.0K

-32.89%

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

$3.10 €2.77

$1.10 ₲6,501

181.82%

Water (0.33 liter bottle)

$1.40 €1.25

$0.54 ₲3,193

159.26%

Local Beer (0.5 liter draught)

$5.51 €4.93

$1.89 ₲11.2K

191.53%

Imported Beer (0.33 liter bottle)

$5.74 €5.13

$2.10 ₲12.4K

173.33%

Milk (1 liter)

$1.57 €1.40

$1.18 ₲6,988

33.05%

White Bread (500g)

$2.38 €2.13

$1.36 ₲8,019

75.00%

Rice (white) (1kg)

$2.90 €2.59

$1.31 ₲7,728

121.37%

Eggs

$4.07 €3.64

$2.29 ₲13.5K

77.73%

Local Cheese (1kg)

$17.44 €15.58

$8.58 ₲50.8K

103.26%

Chicken Fillets (1kg)

$12.56 €11.22

$4.57 ₲27.0K

174.84%

Beef Round Steak (1kg)

$20.17 €18.01

$9.63 ₲56.9K

109.45%

Apples (1kg)

$2.58 €2.31

$2.88 ₲17.0K

-10.42%

Banana (1kg)

$2.19 €1.95

$1.15 ₲6,817

90.43%

Oranges (1kg)

$2.68 €2.39

$1.16 ₲6,849

131.03%

Tomato (1kg)

$3.27 €2.92

$2.44 ₲14.4K

34.02%

Potato (1kg)

$1.90 €1.70

$1.32 ₲7,793

43.94%

Onion (1kg)

$1.82 €1.62

$1.22 ₲7,201

49.18%

Lettuce (1 head)

$1.57 €1.40

$0.74 ₲4,384

112.16%

Water (1.5 liter bottle)

$0.55 €0.49

$0.78 ₲4,603

-29.49%

Cigarettes 20 Pack (Marlboro, Camel)

$6.69 €5.98

$1.68 ₲9,932

298.21%

Wine (Bottle)

$7.99 €7.13

$6.11 ₲36.1K

30.77%

Local Beer (0.5 liter bottle)

$1.77 €1.58

$1.08 ₲6,366

63.89%

Imported Beer (0.33 liter bottle)

$2.35 €2.10

$1.80 ₲10.6K

30.56%

One-way Ticket (Public Transport)

$1.91 €1.71

$0.64 ₲3,758

198.44%

Public Transport Monthly Pass (Regular Price)

$43.44 €38.80

$35.67 ₲211.0K

21.78%

Taxi Start (Normal Tariff)

$5.62 €5.02

$1.51 ₲8,953

272.19%

Taxi (Normal Tariff) (1km)

$1.71 €1.53

$1.62 ₲9,610

5.56%

Taxi 1hour Waiting (Normal Tariff)

$33.64 €30.04

$8.38 ₲49.5K

301.43%

Gasoline (1 liter)

$2.03 €1.81

$1.25 ₲7,381

62.40%

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

$35.3K €31.5K

$17.5K ₲103.3M

102.08%

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

$36.7K €32.8K

$29.0K ₲171.4M

26.82%

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

$227 €202

$52.3 ₲309.3K

333.17%

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

$11.59 €10.35

$17.65 ₲104.4K

-34.33%

Internet (50+ Mbps, Unlimited Data)

$30.38 €27.14

$21.48 ₲127.1K

41.43%

Gym Membership (Monthly)

$51.8 €46.24

$34.70 ₲205.2K

49.19%

Tennis Court (1 Hour on Weekend)

$23.70 €21.17

$15.43 ₲91.2K

53.60%

Cinema Ticket

$10.60 €9.47

$7.03 ₲41.6K

50.78%

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

$568 €507

$180 ₲1.1M

215.59%

International Primary School, 1 Child (Yearly)

$11.5K €10.3K

$4,799 ₲28.4M

140.11%

Jeans (Levis 501 Or Similar)

$90.5 €80.9

$57.6 ₲340.9K

57.09%

Summer Dress (H&M, Zara, etc)

$38.55 €34.44

$58.9 ₲348.4K

-34.55%

Sport Shoes (Adidas, Nike)

$103 €91.7

$98.9 ₲585.1K

3.77%

Men's Leather Business Shoes

$131 €117

$72.1 ₲426.2K

81.78%

1-bedroom Apartment, City Center (Monthly)

$826 €737

$560 ₲3.3M

47.45%

1-bedroom Apartment, Outside City Center (Monthly)

$646 €577

$349 ₲2.1M

84.92%

3-bedroom Apartment, City Center (Monthly)

$1,400 €1,251

$936 ₲5.5M

49.66%

3-bedroom Apartment, Outside City Center (Monthly)

$1,054 €942

$605 ₲3.6M

74.35%

Buy Apartment in City Center (m2)

$3,662 €3,271

$1,730 ₲10.2M

111.72%

Buy Apartment Outside City Center (m2)

$2,301 €2,055

$1,269 ₲7.5M

81.35%

Average Monthly Net Salary (After Tax)

$1,886 €1,685

$609 ₲3.6M

209.75%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.56

9.94

-64.19%

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

Last update for Italy: October 24, 2026

Last update for Paraguay: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Italy

$646 35.1%

Paraguay

$349 35.2% 45.9% $297

Groceries & Markets

Italy

$348 18.9%

Paraguay

$195 19.7% 43.9% $153

Eating Out

Italy

$279 15.1%

Paraguay

$131 13.2% 53.1% $148

Monthly Utilities & Internet

Italy

$269 14.6%

Paraguay

$91 9.2% 65.9% $177

Clothing & Footwear

Italy

$163 8.9%

Paraguay

$129 13% 20.7% $34

Sport & Entertainment

Italy

$73 4%

Paraguay

$49 4.9% 33.2% $24

Getting Around

Italy

$65 3.5%

Paraguay

$48 4.8% 26.7% $17

Cost Breakdown

National rent averages: $729 in Italy, $454 in Paraguay. Capital cities: $1,297 in Rome vs $639 in Asuncion.

National salary averages: $1,890 in Italy, $554 in Paraguay. Higher pay doesn’t always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 61% higher in Italy.

Dining out costs 128% more in Italy.

Public transport is 34% more expensive in Italy.

Salaries are about 3.4 times higher in Italy, and purchasing power comes out stronger in Italy.

Good to know

🇮🇹 Italy

🇵🇾 Paraguay

🕒 Local time

05:24 5:24 AM

01:24 1:24 AM

4 h behind Italy

🌤 Weather

👥 Population

58,850,717

6,811,297

💱 Currency

Euro EUR €

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 EUR = 1.12 USD

10,000 PYG = 1.69 USD

10,000 PYG = 1.51 EUR

Exchange rates and currency converter

PYG, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 3, 2026: 1 USD = 0.893 EUR (1 EUR = 1.12 USD).

Paraguayan Guarani exchange rates as of November 3, 2026: 1 USD = 5,915 PYG (10,000 PYG = 1.69 USD). 1 EUR = 6,629 PYG (10,000 PYG = 1.51 EUR).

USD to EUR in detail →

On the map

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Between locations

Italy Paraguay 10,370 km ≈ 13 h nonstop flight

From you

Italy
Paraguay

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

Italy vs Paraguay: Cost of Living - Frequently Asked Questions

At $1,843 per month in Italy and $993 in Paraguay, Paraguay comes out about 46% cheaper. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Day-to-day life is cheaper in Paraguay: lower grocery prices, cheaper commutes, and more affordable meals out. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent for a central one-bedroom averages $729 in Italy and $454 in Paraguay. Rents vary a lot between cities, so the gap depends on where you settle.

It depends on what you’re after: Paraguay wins on affordability, while salaries, visas, language, and lifestyle can tip the balance either way.