Last update: Oct 2026

Cost of Living Comparison Between Riobamba and Asuncion

For one person, living is cheaper in Riobamba: $574 a month against $1,075 in Asuncion, rent and utilities included – about $6,000 less a year. Rent and utilities account for most of the difference.

28

Cost of Living Index in Riobamba
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Riobamba Living Index
52

Cost of Living Index in Asuncion
Learn more

Asuncion Living Index

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Riobamba

🇪🇨 Ecuador

$574

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,075

/mo nomad

Monthly Cost of Living

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

A single person spends $574 per month in Riobamba vs $1,075 in Asuncion, rent included.

Riobamba $574
Asuncion $1,075

A couple spends around $914 per month in Riobamba vs $1,684 in Asuncion, rent included.

Riobamba $914
Asuncion $1,684

A family of three spends $1,253 per month in Riobamba vs $2,292 in Asuncion, rent included.

Riobamba $1,253
Asuncion $2,292

Riobamba is about 47% cheaper than Asuncion, and outside of rent the biggest gap is in groceries.

Both Riobamba and Asuncion are more affordable than the global median – Riobamba 57% lower, Asuncion 20% lower.

Meal at Budget Restaurant

$3.43 $3.43

$7.15 ₲40.6K

-52.03%

Three-Course Dinner for Two, Mid-Range

$15.99 $15.99

$43.57 ₲247.7K

-63.30%

Fast Food Meal (McDonalds, etc)

$6.48 $6.48

$7.10 ₲40.4K

-8.73%

Cappuccino

$2.49 $2.49

$3.51 ₲20.0K

-29.06%

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

$0.78 $0.78

$1.05 ₲5,977

-25.71%

Water (0.33 liter bottle)

$0.74 $0.74

$0.58 ₲3,288

27.59%

Local Beer (0.5 liter draught)

$1.95 $1.95

$1.89 ₲10.8K

3.17%

Imported Beer (0.33 liter bottle)

$3.06 $3.06

$1.74 ₲9,902

75.86%

Milk (1 liter)

$0.99 $0.99

$1.29 ₲7,318

-23.26%

White Bread (500g)

$2.08 $2.08

$1.50 ₲8,510

38.67%

Rice (white) (1kg)

$0.87 $0.87

$1.39 ₲7,919

-37.41%

Eggs

$1.70 $1.70

$2.48 ₲14.1K

-31.45%

Local Cheese (1kg)

$1.96 $1.96

$9.74 ₲55.4K

-79.88%

Chicken Fillets (1kg)

$3.20 $3.20

$5.19 ₲29.5K

-38.34%

Beef Round Steak (1kg)

$4.86 $4.86

$10.07 ₲57.2K

-51.74%

Apples (1kg)

$1.73 $1.73

$2.99 ₲17.0K

-42.14%

Banana (1kg)

$0.51 $0.51

$1.32 ₲7,490

-61.36%

Oranges (1kg)

$1.35 $1.35

$1.19 ₲6,739

13.45%

Tomato (1kg)

$1.01 $1.01

$2.47 ₲14.1K

-59.11%

Potato (1kg)

$0.79 $0.79

$1.40 ₲7,981

-43.57%

Onion (1kg)

$0.91 $0.91

$1.33 ₲7,559

-31.58%

Lettuce (1 head)

$0.46 $0.46

$0.92 ₲5,240

-50.00%

Water (1.5 liter bottle)

$0.98 $0.98

$0.77 ₲4,370

27.27%

Cigarettes 20 Pack (Marlboro, Camel)

$5.20 $5.20

$2.43 ₲13.8K

113.99%

Wine (Bottle)

$5.71 $5.71

$9.08 ₲51.6K

-37.11%

Local Beer (0.5 liter bottle)

$1.51 $1.51

$1.42 ₲8,061

6.34%

Imported Beer (0.33 liter bottle)

$3.02 $3.02

$1.79 ₲10.2K

68.72%

One-way Ticket (Public Transport)

$0.27 $0.27

$0.58 ₲3,314

-53.45%

Public Transport Monthly Pass (Regular Price)

$15.65 $15.65

$37.92 ₲215.5K

-58.73%

Taxi Start (Normal Tariff)

$1.21 $1.21

$1.54 ₲8,731

-21.43%

Taxi (Normal Tariff) (1km)

$1.13 $1.13

$1.62 ₲9,200

-30.25%

Taxi 1hour Waiting (Normal Tariff)

$11.14 $11.14

$10.44 ₲59.3K

6.70%

Gasoline (1 liter)

$0.88 $0.88

$1.29 ₲7,316

-31.78%

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

$25.4K $25.4K

$17.5K ₲99.5M

45.04%

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

$29.3K $29.3K

$35.0K ₲199.2M

-16.33%

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

$20.13 $20.13

$51.5 ₲292.9K

-60.94%

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

$7.06 $7.06

$17.68 ₲100.5K

-60.07%

Internet (50+ Mbps, Unlimited Data)

$26.44 $26.44

$22.35 ₲127.0K

18.30%

Gym Membership (Monthly)

$25.23 $25.23

$36.60 ₲208.1K

-31.07%

Tennis Court (1 Hour on Weekend)

$16.97 $16.97

$15.33 ₲87.2K

10.70%

Cinema Ticket

$5.95 $5.95

$8.89 ₲50.6K

-33.07%

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

$81.4 $81.4

$190 ₲1.1M

-57.10%

International Primary School, 1 Child (Yearly)

$1,420 $1,420

$5,930 ₲33.7M

-76.05%

Jeans (Levis 501 Or Similar)

$51.0 $51.0

$64.7 ₲367.9K

-21.21%

Summer Dress (H&M, Zara, etc)

$47.07 $47.07

$57.9 ₲329.2K

-18.73%

Sport Shoes (Adidas, Nike)

$105 $105

$107 ₲609.7K

-1.88%

Men's Leather Business Shoes

$72.3 $72.3

$73.3 ₲416.6K

-1.34%

1-bedroom Apartment, City Center (Monthly)

$114 $114

$645 ₲3.7M

-82.31%

1-bedroom Apartment, Outside City Center (Monthly)

$94.8 $94.8

$385 ₲2.2M

-75.41%

3-bedroom Apartment, City Center (Monthly)

$228 $228

$1,061 ₲6.0M

-78.51%

3-bedroom Apartment, Outside City Center (Monthly)

$188 $188

$654 ₲3.7M

-71.29%

Buy Apartment in City Center (m2)

$1,173 $1,173

$1,715 ₲9.7M

-31.58%

Buy Apartment Outside City Center (m2)

$738 $738

$1,205 ₲6.8M

-38.75%

Average Monthly Net Salary (After Tax)

$330 $330

$747 ₲4.2M

-55.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.16

10.5

6.29%

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

Last update for Riobamba: October 11, 2026

Last update for Asuncion: October 11, 2026

Monthly budget structure

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

Groceries & Markets

Riobamba

$142 24.8%

Asuncion

$217 20.2% 52.6% $75

Clothing & Footwear

Riobamba

$124 21.6%

Asuncion

$136 12.7% 10% $12

Eating Out

Riobamba

$99 17.2%

Asuncion

$140 13% 42% $41

Accommodation & Living

Riobamba

$95 16.5%

Asuncion

$385 35.9% 307% $291

Monthly Utilities & Internet

Riobamba

$54 9.3%

Asuncion

$92 8.5% 70.7% $38

Sport & Entertainment

Riobamba

$37 6.5%

Asuncion

$54 5.1% 46.5% $17

Getting Around

Riobamba

$24 4.1%

Asuncion

$50 4.6% 112% $26

Cost Breakdown

A central one-bedroom costs $114 in Riobamba 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.

Salaries run about 126% 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 $16.00 in Riobamba versus $44.00 in Asuncion. Monthly groceries follow the same trend: $142 vs $217 – making Riobamba the more affordable choice for daily food spending.

Good to know

🇪🇨 Riobamba

🇵🇾 Asuncion

🕒 Local time

14:38 2:38 PM

16:38 4:38 PM

2 h ahead of Riobamba

🌤 Weather

👥 Population

170,000

742,023 Capital

💱 Currency

United States Dollar USD $

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 USD = 0.893 EUR

10,000 PYG = 1.76 USD

10,000 PYG = 1.57 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 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).

PYG to USD in detail →

On the map

Lowest

Highest

Between locations

Riobamba Asuncion 3,460 km ≈ 4 h 45 min nonstop flight

From you

Riobamba
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

Riobamba vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Asuncion is pricier by about 87%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $861 per month in Riobamba and $1,613 in Asuncion. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 142% less in Riobamba. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $81.4 per month in Riobamba and $190 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 Riobamba, where all-in costs run around $574, than in Asuncion at $1,075. In Riobamba it covers expenses comfortably, while in Asuncion it requires careful planning or may not stretch far enough.

Families tend to lean toward Riobamba – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Riobamba. 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.