Last update: Oct 2026

Cost of Living Comparison Between Lima and Asuncion

For one person, living is cheaper in Lima: $996 a month against $1,049 in Asuncion, rent and utilities included – about $640 less a year. Rent and utilities account for about half of the difference.

49

Cost of Living Index in Lima
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Lima Living Index
51

Cost of Living Index in Asuncion
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Asuncion Living Index

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Lima

🇵🇪 Peru

$996

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,049

/mo nomad

Monthly Cost of Living

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

A single person spends $996 per month in Lima vs $1,049 in Asuncion, rent included.

Lima $996
Asuncion $1,049

A couple spends around $1,594 per month in Lima vs $1,635 in Asuncion, rent included.

Lima $1,594
Asuncion $1,635

A family of three spends $2,191 per month in Lima vs $2,221 in Asuncion, rent included.

Lima $2,191
Asuncion $2,221

Lima is about 5% cheaper than Asuncion, and outside of rent the biggest gap is in clothing.

Both Lima and Asuncion are more affordable than the global median – Lima 26% lower, Asuncion 22% lower.

Meal at Budget Restaurant

$4.42 PEN 15.21

$6.66 ₲38.1K

-33.63%

Three-Course Dinner for Two, Mid-Range

$35.04 PEN 121

$43.46 ₲248.7K

-19.37%

Fast Food Meal (McDonalds, etc)

$6.84 PEN 23.52

$6.63 ₲37.9K

3.17%

Cappuccino

$3.27 PEN 11.26

$3.44 ₲19.7K

-4.94%

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

$1.10 PEN 3.80

$1.07 ₲6,096

2.80%

Water (0.33 liter bottle)

$0.65 PEN 2.23

$0.58 ₲3,325

12.07%

Local Beer (0.5 liter draught)

$2.58 PEN 8.88

$1.85 ₲10.6K

39.46%

Imported Beer (0.33 liter bottle)

$4.47 PEN 15.39

$1.70 ₲9,721

162.94%

Milk (1 liter)

$1.59 PEN 5.48

$1.25 ₲7,144

27.20%

White Bread (500g)

$2.58 PEN 8.89

$1.49 ₲8,516

73.15%

Rice (white) (1kg)

$1.36 PEN 4.67

$1.35 ₲7,707

0.74%

Eggs

$2.95 PEN 10.14

$2.32 ₲13.3K

27.16%

Local Cheese (1kg)

$9.10 PEN 31.30

$9.85 ₲56.4K

-7.61%

Chicken Fillets (1kg)

$5.81 PEN 19.98

$5.20 ₲29.8K

11.73%

Beef Round Steak (1kg)

$9.83 PEN 33.80

$9.91 ₲56.7K

-0.81%

Apples (1kg)

$2.01 PEN 6.92

$2.99 ₲17.1K

-32.78%

Banana (1kg)

$1.08 PEN 3.70

$1.23 ₲7,017

-12.20%

Oranges (1kg)

$1.37 PEN 4.71

$1.21 ₲6,921

13.22%

Tomato (1kg)

$1.48 PEN 5.08

$2.45 ₲14.0K

-39.59%

Potato (1kg)

$0.96 PEN 3.32

$1.30 ₲7,464

-26.15%

Onion (1kg)

$0.85 PEN 2.93

$1.34 ₲7,644

-36.57%

Lettuce (1 head)

$0.88 PEN 3.03

$0.84 ₲4,784

4.76%

Water (1.5 liter bottle)

$0.87 PEN 2.98

$0.69 ₲3,957

26.09%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 PEN 20.31

$2.24 ₲12.8K

163.39%

Wine (Bottle)

$8.81 PEN 30.31

$9.02 ₲51.6K

-2.33%

Local Beer (0.5 liter bottle)

$1.92 PEN 6.59

$1.33 ₲7,597

44.36%

Imported Beer (0.33 liter bottle)

$3.20 PEN 11.02

$1.68 ₲9,593

90.48%

One-way Ticket (Public Transport)

$0.68 PEN 2.33

$0.57 ₲3,238

19.30%

Public Transport Monthly Pass (Regular Price)

$26.74 PEN 92.0

$38.02 ₲217.5K

-29.67%

Taxi Start (Normal Tariff)

$3.81 PEN 13.10

$1.45 ₲8,289

162.76%

Taxi (Normal Tariff) (1km)

$2.04 PEN 7.02

$1.57 ₲9,008

29.94%

Taxi 1hour Waiting (Normal Tariff)

$7.14 PEN 24.57

$10.04 ₲57.4K

-28.88%

Gasoline (1 liter)

$1.65 PEN 5.67

$1.21 ₲6,897

36.36%

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

$22.2K PEN 76.3K

$16.9K ₲96.9M

30.99%

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

$25.7K PEN 88.3K

$35.3K ₲202.2M

-27.35%

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

$73.0 PEN 251

$50.1 ₲286.6K

45.85%

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

$16.26 PEN 55.9

$16.94 ₲96.9K

-4.01%

Internet (50+ Mbps, Unlimited Data)

$27.60 PEN 94.9

$21.75 ₲124.5K

26.90%

Gym Membership (Monthly)

$33.07 PEN 114

$36.50 ₲208.9K

-9.40%

Tennis Court (1 Hour on Weekend)

$19.49 PEN 67.1

$14.89 ₲85.2K

30.89%

Cinema Ticket

$7.39 PEN 25.41

$8.59 ₲49.2K

-13.97%

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

$182 PEN 626

$184 ₲1.1M

-1.21%

International Primary School, 1 Child (Yearly)

$13.3K PEN 45.8K

$5,873 ₲33.6M

126.80%

Jeans (Levis 501 Or Similar)

$52.6 PEN 181

$62.4 ₲357.2K

-15.81%

Summer Dress (H&M, Zara, etc)

$34.23 PEN 118

$55.4 ₲316.8K

-38.17%

Sport Shoes (Adidas, Nike)

$83.8 PEN 288

$104 ₲597.0K

-19.72%

Men's Leather Business Shoes

$79.0 PEN 272

$69.2 ₲395.8K

14.24%

1-bedroom Apartment, City Center (Monthly)

$723 PEN 2,488

$620 ₲3.6M

16.56%

1-bedroom Apartment, Outside City Center (Monthly)

$340 PEN 1,170

$373 ₲2.1M

-8.85%

3-bedroom Apartment, City Center (Monthly)

$1,184 PEN 4,074

$1,050 ₲6.0M

12.82%

3-bedroom Apartment, Outside City Center (Monthly)

$635 PEN 2,183

$624 ₲3.6M

1.68%

Buy Apartment in City Center (m2)

$2,449 PEN 8,423

$1,716 ₲9.8M

42.73%

Buy Apartment Outside City Center (m2)

$1,372 PEN 4,718

$1,242 ₲7.1M

10.46%

Average Monthly Net Salary (After Tax)

$653 PEN 2,245

$723 ₲4.1M

-9.71%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.94

10.15

-11.92%

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

Last update for Lima: October 4, 2026

Last update for Asuncion: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Lima

$340 33.6%

Asuncion

$373 35.8% 9.7% $33

Groceries & Markets

Lima

$226 22.4%

Asuncion

$213 20.4% 5.9% $13

Eating Out

Lima

$124 12.3%

Asuncion

$134 12.8% 7.7% $9.5

Monthly Utilities & Internet

Lima

$117 11.6%

Asuncion

$89 8.5% 24.1% $28

Clothing & Footwear

Lima

$112 11.1%

Asuncion

$131 12.6% 16.7% $19

Sport & Entertainment

Lima

$48 4.7%

Asuncion

$54 5.2% 12.2% $5.8

Getting Around

Lima

$43 4.3%

Asuncion

$50 4.8% 14.1% $6.1

Cost Breakdown

A central one-bedroom costs $723 in Lima versus $620 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 11% 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 $35.00 in Lima versus $43.00 in Asuncion. Groceries tell a different story – $226 in Lima vs $213 in Asuncion – so Asuncion wins on supermarket bills even if dining out costs more.

Good to know

🇵🇪 Lima

🇵🇾 Asuncion

🕒 Local time

21:46 9:46 PM

23:46 11:46 PM

2 h ahead of Lima

🌤 Weather

👥 Population

9,989,369 Capital

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 = 1.75 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 10, 2026: 1 USD = 3.44 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

Paraguayan Guarani exchange rates as of October 10, 2026: 1 USD = 5,722 PYG (10,000 PYG = 1.75 USD). 1 EUR = 6,418 PYG (10,000 PYG = 1.56 EUR).

USD to PEN in detail →

On the map

Lowest

Highest

Between locations

Lima Asuncion 2,510 km ≈ 3 h 45 min nonstop flight

From you

Lima
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

Lima vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 5%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $1,494 per month in Lima and $1,574 in Asuncion. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 42% less in Lima. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $182 per month in Lima and $184 in Asuncion. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Lima, where all-in costs run around $996, than in Asuncion at $1,049. In Lima it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.

Families tend to lean toward Lima – 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 Lima. 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.