Last update: Oct 2026

Cost of Living Comparison Between Parsippany-Troy Hills, NJ and Asuncion

For one person, living is cheaper in Asuncion: $1,032 a month against $2,598 in Parsippany-Troy Hills, NJ, rent and utilities included – about $18,800 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Parsippany-Troy Hills, NJ
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Parsippany-Troy Hills, NJ Living Index
50

Cost of Living Index in Asuncion
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Asuncion Living Index

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Parsippany-Troy Hills, NJ

🇺🇸 United States

$2,598

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,032

/mo nomad

Monthly Cost of Living

How much you'll spend in Parsippany-Troy Hills, NJ 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 Parsippany-Troy Hills, NJ and in Asuncion actually costs, broken down by who's living it.

A single person spends $2,598 per month in Parsippany-Troy Hills, NJ vs $1,032 in Asuncion, rent included.

Parsippany-Troy Hills, NJ $2,598
Asuncion $1,032

A couple spends around $3,962 per month in Parsippany-Troy Hills, NJ vs $1,625 in Asuncion, rent included.

Parsippany-Troy Hills, NJ $3,962
Asuncion $1,625

A family of three spends $5,325 per month in Parsippany-Troy Hills, NJ vs $2,217 in Asuncion, rent included.

Parsippany-Troy Hills, NJ $5,325
Asuncion $2,217

Parsippany-Troy Hills, NJ costs about 152% more than Asuncion, and outside of rent the biggest gap is in eating out.

Parsippany-Troy Hills, NJ sits 92% above the global median, while Asuncion is 24% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.09 $15.09

$7.19 ₲45.7K

109.87%

Three-Course Dinner for Two, Mid-Range

$69.8 $69.8

$42.94 ₲273.0K

62.58%

Fast Food Meal (McDonalds, etc)

$11.81 $11.81

$6.58 ₲41.9K

79.48%

Cappuccino

$4.59 $4.59

$3.28 ₲20.9K

39.94%

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

$2.57 $2.57

$1.01 ₲6,391

154.46%

Water (0.33 liter bottle)

$1.52 $1.52

$0.55 ₲3,521

176.36%

Local Beer (0.5 liter draught)

$7.43 $7.43

$2.06 ₲13.1K

260.68%

Imported Beer (0.33 liter bottle)

$6.81 $6.81

$1.68 ₲10.7K

305.36%

Milk (1 liter)

$1.13 $1.13

$1.24 ₲7,913

-8.87%

White Bread (500g)

$4.36 $4.36

$1.42 ₲8,997

207.04%

Rice (white) (1kg)

$2.59 $2.59

$1.30 ₲8,297

99.23%

Eggs

$3.55 $3.55

$2.39 ₲15.2K

48.54%

Local Cheese (1kg)

$13.17 $13.17

$9.44 ₲60.0K

39.51%

Chicken Fillets (1kg)

$6.45 $6.45

$5.10 ₲32.4K

26.47%

Beef Round Steak (1kg)

$14.17 $14.17

$9.66 ₲61.4K

46.69%

Apples (1kg)

$2.64 $2.64

$3.00 ₲19.1K

-12.00%

Banana (1kg)

$1.23 $1.23

$1.25 ₲7,930

-1.60%

Oranges (1kg)

$2.60 $2.60

$1.16 ₲7,361

124.14%

Tomato (1kg)

$2.81 $2.81

$2.42 ₲15.4K

16.12%

Potato (1kg)

$2.25 $2.25

$1.32 ₲8,365

70.45%

Onion (1kg)

$2.18 $2.18

$1.33 ₲8,443

63.91%

Lettuce (1 head)

$0.99 $0.99

$0.85 ₲5,388

16.47%

Water (1.5 liter bottle)

$0.48 $0.48

$0.69 ₲4,364

-30.43%

Cigarettes 20 Pack (Marlboro, Camel)

$10.84 $10.84

$2.34 ₲14.9K

363.25%

Wine (Bottle)

$15.06 $15.06

$8.87 ₲56.4K

69.79%

Local Beer (0.5 liter bottle)

$1.76 $1.76

$1.30 ₲8,283

35.38%

Imported Beer (0.33 liter bottle)

$1.97 $1.97

$1.65 ₲10.5K

19.39%

One-way Ticket (Public Transport)

$4.10 $4.10

$0.59 ₲3,783

594.92%

Public Transport Monthly Pass (Regular Price)

$71.2 $71.2

$35.97 ₲228.7K

97.97%

Taxi Start (Normal Tariff)

$1.98 $1.98

$1.44 ₲9,129

37.50%

Taxi (Normal Tariff) (1km)

$2.19 $2.19

$1.53 ₲9,743

43.14%

Taxi 1hour Waiting (Normal Tariff)

$42.30 $42.30

$10.03 ₲63.8K

321.73%

Gasoline (1 liter)

$0.89 $0.89

$1.21 ₲7,681

-26.45%

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

$27.4K $27.4K

$16.8K ₲106.9M

62.73%

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

$24.7K $24.7K

$29.2K ₲185.8M

-15.35%

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

$172 $172

$49.05 ₲311.9K

250.19%

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

$44.70 $44.70

$16.79 ₲106.7K

166.23%

Internet (50+ Mbps, Unlimited Data)

$39.66 $39.66

$21.60 ₲137.4K

83.61%

Gym Membership (Monthly)

$24.83 $24.83

$35.35 ₲224.8K

-29.76%

Tennis Court (1 Hour on Weekend)

$14.61 ₲92.9K

Cinema Ticket

$11.88 $11.88

$8.51 ₲54.1K

39.60%

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

$1,768 $1,768

$183 ₲1.2M

865.37%

International Primary School, 1 Child (Yearly)

$20.4K $20.4K

$5,730 ₲36.4M

255.85%

Jeans (Levis 501 Or Similar)

$32.42 $32.42

$63.2 ₲401.8K

-48.69%

Summer Dress (H&M, Zara, etc)

$46.58 $46.58

$56.7 ₲360.2K

-17.79%

Sport Shoes (Adidas, Nike)

$87.5 $87.5

$104 ₲662.3K

-16.02%

Men's Leather Business Shoes

$134 $134

$70.2 ₲446.2K

91.18%

1-bedroom Apartment, City Center (Monthly)

$1,816 $1,816

$611 ₲3.9M

197.07%

1-bedroom Apartment, Outside City Center (Monthly)

$1,476 $1,476

$367 ₲2.3M

302.67%

3-bedroom Apartment, City Center (Monthly)

$3,405 $3,405

$1,033 ₲6.6M

229.57%

3-bedroom Apartment, Outside City Center (Monthly)

$2,822 $2,822

$630 ₲4.0M

347.75%

Buy Apartment in City Center (m2)

$3,058 $3,058

$1,747 ₲11.1M

75.06%

Buy Apartment Outside City Center (m2)

$2,431 $2,431

$1,234 ₲7.8M

96.98%

Average Monthly Net Salary (After Tax)

$7,243 $7,243

$676 ₲4.3M

971.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.35

10.15

-37.44%

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

Last update for Parsippany-Troy Hills, NJ: October 31, 2026

Last update for Asuncion: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Parsippany-Troy Hills, NJ

$1.5K 56.8%

Asuncion

$367 35.5% 75.2% $1.1K

Groceries & Markets

Parsippany-Troy Hills, NJ

$303 11.7%

Asuncion

$209 20.3% 30.9% $93

Eating Out

Parsippany-Troy Hills, NJ

$278 10.7%

Asuncion

$137 13.2% 50.9% $142

Monthly Utilities & Internet

Parsippany-Troy Hills, NJ

$256 9.9%

Asuncion

$87 8.5% 65.9% $169

Clothing & Footwear

Parsippany-Troy Hills, NJ

$135 5.2%

Asuncion

$132 12.8% 2.1% $2.9

Getting Around

Parsippany-Troy Hills, NJ

$101 3.9%

Asuncion

$47 4.6% 52.8% $53

Sport & Entertainment

Parsippany-Troy Hills, NJ

$49 1.9%

Asuncion

$52 5.1% 7.8% $3.8

Cost Breakdown

A central one-bedroom costs $1,816 in Parsippany-Troy Hills, NJ versus $611 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 in Parsippany-Troy Hills, NJ are about 11 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $70 in Parsippany-Troy Hills, NJ versus $43 in Asuncion. Monthly groceries follow the same trend: $303 vs $209 – making Asuncion the more affordable choice for daily food spending.

Good to know

🇺🇸 Parsippany-Troy Hills, NJ

🇵🇾 Asuncion

🕒 Local time

19:49 7:49 PM

21:49 9:49 PM

2 h ahead of Parsippany-Troy Hills, NJ

🌤 Weather

👥 Population

53,238

742,023 Capital

💱 Currency

United States Dollar USD $

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 USD = 0.895 EUR

10,000 PYG = 1.57 USD

10,000 PYG = 1.41 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 November 7, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

Paraguayan Guarani exchange rates as of November 7, 2026: 1 USD = 6,358 PYG (10,000 PYG = 1.57 USD). 1 EUR = 7,106 PYG (10,000 PYG = 1.41 EUR).

PYG to USD in detail →

On the map

Lowest

Highest

Between locations

Parsippany-Troy Hills, NJ Asuncion 7,560 km ≈ 10 h nonstop flight

From you

Parsippany-Troy Hills, NJ
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

Parsippany-Troy Hills, NJ vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Parsippany-Troy Hills, NJ is pricier by about 152%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,897 per month in Parsippany-Troy Hills, NJ and $1,548 in Asuncion. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Asuncion, especially for central apartments: a one-bedroom in the center costs $611 there versus $1,816 in Parsippany-Troy Hills, NJ.

Public transport costs about 49% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,768 per month in Parsippany-Troy Hills, NJ and $183 in Asuncion. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Asuncion, where all-in costs run around $1,032, than in Parsippany-Troy Hills, NJ at $2,598. In Asuncion it covers expenses comfortably, while in Parsippany-Troy Hills, NJ it requires careful planning or may not stretch far enough.

Families tend to lean toward Asuncion – 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 Asuncion. If higher salaries or specific career opportunities are the priority, Parsippany-Troy Hills, NJ makes more sense. Both are solid long-term options with distinct trade-offs.