Last update: Oct 2026

Cost of Living Comparison Between Paraguay and Italy

Name: Italy
Address: IT

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.

48

Cost of Living Index in Paraguay
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Paraguay Living Index
88

Cost of Living Index in Italy
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Italy Living Index

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🇵🇾 Paraguay

$993

/mo nomad

🇮🇹 Italy

$1,843

/mo nomad

Monthly Cost of Living

How much you'll spend in Paraguay and in Italy

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

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

Paraguay $993
Italy $1,843

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

Paraguay $1,547
Italy $2,816

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

Paraguay $2,102
Italy $3,788

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 Paraguay costs about 46% less than in Italy on average.

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

Meal at Budget Restaurant

$6.62 ₲38.4K

$20.46 €18.38

-67.64%

Three-Course Dinner for Two, Mid-Range

$34.73 ₲201.5K

$79.5 €71.4

-56.31%

Fast Food Meal (McDonalds, etc)

$6.99 ₲40.6K

$11.15 €10.02

-37.31%

Cappuccino

$3.04 ₲17.6K

$2.04 €1.83

49.02%

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

$1.10 ₲6,378

$3.10 €2.79

-64.52%

Water (0.33 liter bottle)

$0.54 ₲3,133

$1.40 €1.26

-61.43%

Local Beer (0.5 liter draught)

$1.89 ₲10.9K

$5.51 €4.95

-65.70%

Imported Beer (0.33 liter bottle)

$2.10 ₲12.2K

$5.74 €5.16

-63.41%

Milk (1 liter)

$1.18 ₲6,856

$1.57 €1.41

-24.84%

White Bread (500g)

$1.36 ₲7,868

$2.38 €2.14

-42.86%

Rice (white) (1kg)

$1.31 ₲7,583

$2.90 €2.60

-54.83%

Eggs

$2.29 ₲13.3K

$4.07 €3.66

-43.73%

Local Cheese (1kg)

$8.58 ₲49.8K

$17.44 €15.67

-50.80%

Chicken Fillets (1kg)

$4.57 ₲26.5K

$12.56 €11.28

-63.61%

Beef Round Steak (1kg)

$9.63 ₲55.9K

$20.17 €18.12

-52.26%

Apples (1kg)

$2.88 ₲16.7K

$2.58 €2.32

11.63%

Banana (1kg)

$1.15 ₲6,689

$2.19 €1.97

-47.49%

Oranges (1kg)

$1.16 ₲6,720

$2.68 €2.41

-56.72%

Tomato (1kg)

$2.44 ₲14.1K

$3.27 €2.94

-25.38%

Potato (1kg)

$1.32 ₲7,646

$1.90 €1.71

-30.53%

Onion (1kg)

$1.22 ₲7,065

$1.82 €1.63

-32.97%

Lettuce (1 head)

$0.74 ₲4,301

$1.57 €1.41

-52.87%

Water (1.5 liter bottle)

$0.78 ₲4,516

$0.55 €0.49

41.82%

Cigarettes 20 Pack (Marlboro, Camel)

$1.68 ₲9,745

$6.69 €6.01

-74.89%

Wine (Bottle)

$6.11 ₲35.5K

$7.99 €7.18

-23.53%

Local Beer (0.5 liter bottle)

$1.08 ₲6,246

$1.77 €1.59

-38.98%

Imported Beer (0.33 liter bottle)

$1.80 ₲10.4K

$2.35 €2.11

-23.40%

One-way Ticket (Public Transport)

$0.64 ₲3,687

$1.91 €1.72

-66.49%

Public Transport Monthly Pass (Regular Price)

$35.67 ₲207.0K

$43.44 €39.03

-17.89%

Taxi Start (Normal Tariff)

$1.51 ₲8,784

$5.62 €5.05

-73.13%

Taxi (Normal Tariff) (1km)

$1.62 ₲9,429

$1.71 €1.54

-5.26%

Taxi 1hour Waiting (Normal Tariff)

$8.38 ₲48.6K

$33.64 €30.22

-75.09%

Gasoline (1 liter)

$1.25 ₲7,242

$2.03 €1.82

-38.42%

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

$17.5K ₲101.4M

$35.3K €31.7K

-50.51%

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

$29.0K ₲168.2M

$36.7K €33.0K

-21.15%

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

$52.3 ₲303.5K

$227 €204

-76.91%

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

$17.65 ₲102.5K

$11.59 €10.41

52.29%

Internet (50+ Mbps, Unlimited Data)

$21.48 ₲124.7K

$30.38 €27.30

-29.30%

Gym Membership (Monthly)

$34.70 ₲201.4K

$51.8 €46.52

-32.97%

Tennis Court (1 Hour on Weekend)

$15.43 ₲89.5K

$23.70 €21.29

-34.89%

Cinema Ticket

$7.03 ₲40.8K

$10.60 €9.53

-33.68%

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

$180 ₲1.0M

$568 €510

-68.31%

International Primary School, 1 Child (Yearly)

$4,799 ₲27.9M

$11.5K €10.4K

-58.35%

Jeans (Levis 501 Or Similar)

$57.6 ₲334.5K

$90.5 €81.3

-36.34%

Summer Dress (H&M, Zara, etc)

$58.9 ₲341.8K

$38.55 €34.64

52.79%

Sport Shoes (Adidas, Nike)

$98.9 ₲574.1K

$103 €92.2

-3.63%

Men's Leather Business Shoes

$72.1 ₲418.2K

$131 €118

-44.99%

1-bedroom Apartment, City Center (Monthly)

$560 ₲3.2M

$826 €742

-32.18%

1-bedroom Apartment, Outside City Center (Monthly)

$349 ₲2.0M

$646 €581

-45.92%

3-bedroom Apartment, City Center (Monthly)

$936 ₲5.4M

$1,400 €1,258

-33.18%

3-bedroom Apartment, Outside City Center (Monthly)

$605 ₲3.5M

$1,054 €947

-42.65%

Buy Apartment in City Center (m2)

$1,730 ₲10.0M

$3,662 €3,290

-52.77%

Buy Apartment Outside City Center (m2)

$1,269 ₲7.4M

$2,301 €2,068

-44.86%

Average Monthly Net Salary (After Tax)

$609 ₲3.5M

$1,886 €1,695

-67.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.94

3.56

179.21%

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

Last update for Paraguay: October 25, 2026

Last update for Italy: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Paraguay

$349 35.2%

Italy

$646 35.1% 84.9% $297

Groceries & Markets

Paraguay

$195 19.7%

Italy

$348 18.9% 78.2% $153

Eating Out

Paraguay

$131 13.2%

Italy

$279 15.1% 113% $148

Clothing & Footwear

Paraguay

$129 13%

Italy

$163 8.9% 26.2% $34

Monthly Utilities & Internet

Paraguay

$91 9.2%

Italy

$269 14.6% 194% $177

Sport & Entertainment

Paraguay

$49 4.9%

Italy

$73 4% 49.7% $24

Getting Around

Paraguay

$48 4.8%

Italy

$65 3.5% 36.4% $17

Cost Breakdown

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

National salary averages: $554 in Paraguay, $1,890 in Italy. 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

🇵🇾 Paraguay

🇮🇹 Italy

🕒 Local time

07:19 7:19 AM

11:19 11:19 AM

4 h ahead of Paraguay

🌤 Weather

👥 Population

6,811,297

58,850,717

💱 Currency

Paraguayan Guarani PYG ₲

Euro EUR €

📈 Exchange rate

10,000 PYG = 1.72 USD

10,000 PYG = 1.55 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD to PYG – Paraguayan Guarani Converter

🇺🇸 United States Dollar ($)

🇵🇾 Paraguayan Guarani (₲)

Paraguayan Guarani exchange rates as of October 28, 2026: 1 USD = 5,803 PYG (10,000 PYG = 1.72 USD). 1 EUR = 6,459 PYG (10,000 PYG = 1.55 EUR).

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

USD to PYG in detail →

On the map

Lowest

Highest

Between locations

Paraguay Italy 10,370 km ≈ 13 h nonstop flight

From you

Paraguay
Italy

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

Paraguay vs Italy: Cost of Living - Frequently Asked Questions

At $1,843 per month in Italy and $993 in Paraguay, there’s a 86% gap. 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; Italy may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.