Last update: Oct 2026

Cost of Living Comparison Between Latacunga and Asuncion

For one person, living is cheaper in Latacunga: $782 a month against $1,075 in Asuncion, rent and utilities included – about $3,500 less a year. Rent and utilities account for most of the difference.

Latacunga
🇪🇨 Ecuador
$782
/mo nomad
Asuncion
🇵🇾 Paraguay
$1,075
/mo nomad
Monthly Cost of Living

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

A single person spends $782 per month in Latacunga vs $1,075 in Asuncion, rent included.

  • Latacunga $782
  • Asuncion $1,075

A couple spends around $1,269 per month in Latacunga vs $1,684 in Asuncion, rent included.

  • Latacunga $1,269
  • Asuncion $1,684

A family of three spends $1,756 per month in Latacunga vs $2,292 in Asuncion, rent included.

  • Latacunga $1,756
  • Asuncion $2,292

Latacunga is about 27% cheaper than Asuncion, and outside of rent the biggest gap is in groceries.

Both Latacunga and Asuncion are more affordable than the global median – Latacunga 42% lower, Asuncion 20% lower.

Currency
🍽 Eating Out
Latacunga
Asuncion
Difference
Meal at Budget Restaurant
$2.55 $2.55
$7.15 ₲40.6K
-64.34%
Three-Course Dinner for Two, Mid-Range
$28.41 $28.41
$43.57 ₲247.7K
-34.79%
Fast Food Meal (McDonalds, etc)
$9.03 $9.03
$7.10 ₲40.4K
27.18%
Cappuccino
$2.79 $2.79
$3.51 ₲20.0K
-20.51%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.87 $0.87
$1.05 ₲5,977
-17.14%
Water (0.33 liter bottle)
$0.48 $0.48
$0.58 ₲3,288
-17.24%
Local Beer (0.5 liter draught)
$3.05 $3.05
$1.89 ₲10.8K
61.38%
Imported Beer (0.33 liter bottle)
$4.28 $4.28
$1.74 ₲9,902
145.98%
🛒 Groceries & Markets
Latacunga
Asuncion
Difference
Milk (1 liter)
$1.18 $1.18
$1.29 ₲7,318
-8.53%
White Bread (500g)
$2.01 $2.01
$1.50 ₲8,510
34.00%
Rice (white) (1kg)
$0.98 $0.98
$1.39 ₲7,919
-29.50%
Eggs
$1.75 $1.75
$2.48 ₲14.1K
-29.44%
Local Cheese (1kg)
$4.87 $4.87
$9.74 ₲55.4K
-50.00%
Chicken Fillets (1kg)
$5.09 $5.09
$5.19 ₲29.5K
-1.93%
Beef Round Steak (1kg)
$9.37 $9.37
$10.07 ₲57.2K
-6.95%
Apples (1kg)
$1.49 $1.49
$2.99 ₲17.0K
-50.17%
Banana (1kg)
$1.18 $1.18
$1.32 ₲7,490
-10.61%
Oranges (1kg)
$1.03 $1.03
$1.19 ₲6,739
-13.45%
Tomato (1kg)
$0.96 $0.96
$2.47 ₲14.1K
-61.13%
Potato (1kg)
$1.03 $1.03
$1.40 ₲7,981
-26.43%
Onion (1kg)
$0.91 $0.91
$1.33 ₲7,559
-31.58%
Lettuce (1 head)
$0.52 $0.52
$0.92 ₲5,240
-43.48%
Water (1.5 liter bottle)
$1.02 $1.02
$0.77 ₲4,370
32.47%
Cigarettes 20 Pack (Marlboro, Camel)
$5.90 $5.90
$2.43 ₲13.8K
142.80%
Wine (Bottle)
$10.09 $10.09
$9.08 ₲51.6K
11.12%
Local Beer (0.5 liter bottle)
$1.46 $1.46
$1.42 ₲8,061
2.82%
Imported Beer (0.33 liter bottle)
$2.22 $2.22
$1.79 ₲10.2K
24.02%
🚌 Getting Around
Latacunga
Asuncion
Difference
One-way Ticket (Public Transport)
$0.37 $0.37
$0.58 ₲3,314
-36.21%
Public Transport Monthly Pass (Regular Price)
$16.94 $16.94
$37.92 ₲215.5K
-55.33%
Taxi Start (Normal Tariff)
$1.32 $1.32
$1.54 ₲8,731
-14.29%
Taxi (Normal Tariff) (1km)
$1.78 $1.78
$1.62 ₲9,200
9.88%
Taxi 1hour Waiting (Normal Tariff)
$12.05 $12.05
$10.44 ₲59.3K
15.42%
Gasoline (1 liter)
$0.66 $0.66
$1.29 ₲7,316
-48.84%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$20.7K $20.7K
$17.5K ₲99.5M
18.28%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$31.3K $31.3K
$35.0K ₲199.2M
-10.80%
🧾 Monthly Utilities & Internet
Latacunga
Asuncion
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$39.72 $39.72
$51.5 ₲292.9K
-22.92%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$14.95 $14.95
$17.68 ₲100.5K
-15.44%
Internet (50+ Mbps, Unlimited Data)
$26.59 $26.59
$22.35 ₲127.0K
18.97%
🎉 Sport & Entertainment
Latacunga
Asuncion
Difference
Gym Membership (Monthly)
$27.47 $27.47
$36.60 ₲208.1K
-24.95%
Tennis Court (1 Hour on Weekend)
$17.83 $17.83
$15.33 ₲87.2K
16.31%
Cinema Ticket
$7.57 $7.57
$8.89 ₲50.6K
-14.85%
🧸 Childcare & Education
Latacunga
Asuncion
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$378 $378
$190 ₲1.1M
99.48%
International Primary School, 1 Child (Yearly)
$5,776 $5,776
$5,930 ₲33.7M
-2.60%
👕👟 Clothing & Footwear
Latacunga
Asuncion
Difference
Jeans (Levis 501 Or Similar)
$64.5 $64.5
$64.7 ₲367.9K
-0.37%
Summer Dress (H&M, Zara, etc)
$40.29 $40.29
$57.9 ₲329.2K
-30.44%
Sport Shoes (Adidas, Nike)
$126 $126
$107 ₲609.7K
17.76%
Men's Leather Business Shoes
$91.6 $91.6
$73.3 ₲416.6K
24.99%
🏠 Accommodation & Living
Latacunga
Asuncion
Difference
1-bedroom Apartment, City Center (Monthly)
$295 $295
$645 ₲3.7M
-54.24%
1-bedroom Apartment, Outside City Center (Monthly)
$188 $188
$385 ₲2.2M
-51.14%
3-bedroom Apartment, City Center (Monthly)
$723 $723
$1,061 ₲6.0M
-31.88%
3-bedroom Apartment, Outside City Center (Monthly)
$407 $407
$654 ₲3.7M
-37.79%
Buy Apartment in City Center (m2)
$1,068 $1,068
$1,715 ₲9.7M
-37.69%
Buy Apartment Outside City Center (m2)
$739 $739
$1,205 ₲6.8M
-38.70%
💵 Salaries & Financials
Latacunga
Asuncion
Difference
Average Monthly Net Salary (After Tax)
-
$747 ₲4.2M
-
20-Year Fixed Mortgage Interest Rate (Annual %)
10
10.5
-4.76%

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

Last update for Latacunga: October 12, 2026

Last update for Asuncion: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Latacunga
$188
Asuncion
$385 105% $197
Groceries & Markets
Latacunga
$186
Asuncion
$217 17.1% $32
Clothing & Footwear
Latacunga
$145
Asuncion
$136 6% $8.8
Eating Out
Latacunga
$110
Asuncion
$140 27.1% $30
Monthly Utilities & Internet
Latacunga
$81
Asuncion
$92 12.7% $10
Sport & Entertainment
Latacunga
$43
Asuncion
$54 27.7% $12
Getting Around
Latacunga
$29
Asuncion
$50 74.4% $21

Cost Breakdown

A central one-bedroom costs $295 in Latacunga 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 $28.00 in Latacunga versus $44.00 in Asuncion. Monthly groceries follow the same trend: $186 vs $217 – making Latacunga the more affordable choice for daily food spending.

Good to know
🇪🇨 Latacunga
🇵🇾 Asuncion
🕒 Local time
12:51 12:51 PM
14:51 2:51 PM
2 h ahead of Latacunga
🌤 Weather
👥 Population
57,127
742,023 Capital
Exchange rates and currency converter

PYG, EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 15, 2026: 1 EUR = 1.12 USD (1 USD = 0.893 EUR).

Paraguayan Guarani exchange rates as of October 15, 2026: 1 USD = 5,684 PYG (10,000 PYG = 1.76 USD). 1 EUR = 6,365 PYG (10,000 PYG = 1.57 EUR).

On the map
Between locations
  • Latacunga Asuncion 3,520 km ≈ 5 h nonstop flight
From you
  • Latacunga
  • 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
Latacunga vs Asuncion: Cost of Living - Frequently Asked Questions
Is Asuncion cheaper than Latacunga?
Yes – Asuncion is pricier by about 38%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $1,173 per month in Latacunga and $1,613 in Asuncion. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Latacunga, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper public transport?
Public transport costs about 124% less in Latacunga. For daily commuters, that gap adds up to noticeable savings over a year.
Which city has cheaper kindergarten?
Kindergarten costs $378 per month in Latacunga and $190 in Asuncion. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $2,000 a realistic budget for living in Latacunga or in Asuncion?
A $2,000 monthly budget goes further in Latacunga, where all-in costs run around $782, than in Asuncion at $1,075. In Latacunga it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.
Is Latacunga or Asuncion more family-friendly?
Families tend to lean toward Latacunga – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Latacunga. 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.

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