Last update: Nov 2026

Cost of Living Comparison Between Summit, NJ and Asuncion

For one person, living is cheaper in Asuncion: $1,032 a month against $3,876 in Summit, NJ, rent and utilities included – about $34,100 less a year. Rent and utilities account for most of the difference.

187

Cost of Living Index in Summit, NJ
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Summit, NJ Living Index
50

Cost of Living Index in Asuncion
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Asuncion Living Index

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Summit, NJ

🇺🇸 United States

$3,876

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,032

/mo nomad

Monthly Cost of Living

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

A single person spends $3,876 per month in Summit, NJ vs $1,032 in Asuncion, rent included.

Summit, NJ $3,876
Asuncion $1,032

A couple spends around $6,026 per month in Summit, NJ vs $1,625 in Asuncion, rent included.

Summit, NJ $6,026
Asuncion $1,625

A family of three spends $8,176 per month in Summit, NJ vs $2,217 in Asuncion, rent included.

Summit, NJ $8,176
Asuncion $2,217

Summit, NJ costs about 276% more than Asuncion, and outside of rent the biggest gap is in groceries.

Summit, NJ sits 187% above the global median, while Asuncion is 24% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$24.87 $24.87

$7.19 ₲43.4K

245.90%

Three-Course Dinner for Two, Mid-Range

$98.4 $98.4

$42.94 ₲258.9K

129.04%

Fast Food Meal (McDonalds, etc)

$10.83 $10.83

$6.58 ₲39.7K

64.59%

Cappuccino

$5.41 $5.41

$3.28 ₲19.8K

64.94%

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

$2.12 $2.12

$1.01 ₲6,062

109.90%

Water (0.33 liter bottle)

$1.52 $1.52

$0.55 ₲3,340

176.36%

Local Beer (0.5 liter draught)

$8.22 $8.22

$2.06 ₲12.4K

299.03%

Imported Beer (0.33 liter bottle)

$8.17 $8.17

$1.68 ₲10.1K

386.31%

Milk (1 liter)

$1.28 $1.28

$1.24 ₲7,505

3.23%

White Bread (500g)

$4.16 $4.16

$1.42 ₲8,534

192.96%

Rice (white) (1kg)

$6.23 $6.23

$1.30 ₲7,869

379.23%

Eggs

$5.98 $5.98

$2.39 ₲14.4K

150.21%

Local Cheese (1kg)

$14.22 $14.22

$9.44 ₲56.9K

50.64%

Chicken Fillets (1kg)

$10.16 $10.16

$5.10 ₲30.8K

99.22%

Beef Round Steak (1kg)

$17.43 $17.43

$9.66 ₲58.3K

80.43%

Apples (1kg)

$6.13 $6.13

$3.00 ₲18.1K

104.33%

Banana (1kg)

$1.80 $1.80

$1.25 ₲7,521

44.00%

Oranges (1kg)

$4.35 $4.35

$1.16 ₲6,982

275.00%

Tomato (1kg)

$5.27 $5.27

$2.42 ₲14.6K

117.77%

Potato (1kg)

$3.02 $3.02

$1.32 ₲7,934

128.79%

Onion (1kg)

$3.66 $3.66

$1.33 ₲8,008

175.19%

Lettuce (1 head)

$3.05 $3.05

$0.85 ₲5,110

258.82%

Water (1.5 liter bottle)

$2.96 $2.96

$0.69 ₲4,139

328.99%

Cigarettes 20 Pack (Marlboro, Camel)

$11.58 $11.58

$2.34 ₲14.1K

394.87%

Wine (Bottle)

$20.21 $20.21

$8.87 ₲53.5K

127.85%

Local Beer (0.5 liter bottle)

$1.77 $1.77

$1.30 ₲7,856

36.15%

Imported Beer (0.33 liter bottle)

$5.38 $5.38

$1.65 ₲9,974

226.06%

One-way Ticket (Public Transport)

$0.59 ₲3,588

Public Transport Monthly Pass (Regular Price)

$35.97 ₲216.9K

Taxi Start (Normal Tariff)

$3.06 $3.06

$1.44 ₲8,658

112.50%

Taxi (Normal Tariff) (1km)

$2.00 $2.00

$1.53 ₲9,241

30.72%

Taxi 1hour Waiting (Normal Tariff)

$24.36 $24.36

$10.03 ₲60.5K

142.87%

Gasoline (1 liter)

$1.13 $1.13

$1.21 ₲7,285

-6.61%

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

$27.9K $27.9K

$16.8K ₲101.4M

66.11%

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

$26.3K $26.3K

$29.2K ₲176.2M

-10.05%

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

$211 $211

$49.05 ₲295.8K

329.58%

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

$60.5 $60.5

$16.79 ₲101.2K

260.33%

Internet (50+ Mbps, Unlimited Data)

$50.5 $50.5

$21.60 ₲130.3K

133.89%

Gym Membership (Monthly)

$79.4 $79.4

$35.35 ₲213.2K

124.64%

Tennis Court (1 Hour on Weekend)

$14.61 ₲88.1K

Cinema Ticket

$15.04 $15.04

$8.51 ₲51.3K

76.73%

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

$1,716 $1,716

$183 ₲1.1M

836.88%

International Primary School, 1 Child (Yearly)

$20.7K $20.7K

$5,730 ₲34.6M

261.14%

Jeans (Levis 501 Or Similar)

$41.51 $41.51

$63.2 ₲381.1K

-34.31%

Summer Dress (H&M, Zara, etc)

$57.3 $57.3

$56.7 ₲341.7K

1.15%

Sport Shoes (Adidas, Nike)

$76.3 $76.3

$104 ₲628.2K

-26.72%

Men's Leather Business Shoes

$122 $122

$70.2 ₲423.2K

73.19%

1-bedroom Apartment, City Center (Monthly)

$2,777 $2,777

$611 ₲3.7M

354.11%

1-bedroom Apartment, Outside City Center (Monthly)

$2,471 $2,471

$367 ₲2.2M

574.15%

3-bedroom Apartment, City Center (Monthly)

$5,498 $5,498

$1,033 ₲6.2M

432.10%

3-bedroom Apartment, Outside City Center (Monthly)

$4,968 $4,968

$630 ₲3.8M

688.16%

Buy Apartment in City Center (m2)

$1,747 ₲10.5M

Buy Apartment Outside City Center (m2)

$1,234 ₲7.4M

Average Monthly Net Salary (After Tax)

$676 ₲4.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

6.72

10.15

-33.79%

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

Last update for Summit, NJ: November 2, 2026

Last update for Asuncion: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Summit, NJ

$2.5K 63.8%

Asuncion

$367 35.5% 85.2% $2.1K

Groceries & Markets

Summit, NJ

$458 11.8%

Asuncion

$209 20.3% 54.3% $249

Eating Out

Summit, NJ

$368 9.5%

Asuncion

$137 13.2% 62.9% $232

Monthly Utilities & Internet

Summit, NJ

$322 8.3%

Asuncion

$87 8.5% 72.8% $234

Clothing & Footwear

Summit, NJ

$134 3.4%

Asuncion

$132 12.8% 0.8% $1.1

Sport & Entertainment

Summit, NJ

$110 2.8%

Asuncion

$52 5.1% 52.2% $57

Getting Around

Summit, NJ

$13 * 0.3%

Asuncion

$47 4.6% 264% $34

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $2,777 in Summit, 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.

A mid-range dinner for two costs $98 in Summit, NJ versus $43 in Asuncion. Monthly groceries follow the same trend: $458 vs $209 – making Asuncion the more affordable choice for daily food spending.

Good to know

🇺🇸 Summit, NJ

🇵🇾 Asuncion

🕒 Local time

18:53 6:53 PM

20:53 8:53 PM

2 h ahead of Summit, NJ

🌤 Weather

👥 Population

11,161

742,023 Capital

💱 Currency

United States Dollar USD $

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 USD = 0.891 EUR

10,000 PYG = 1.66 USD

10,000 PYG = 1.48 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 5, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

Paraguayan Guarani exchange rates as of November 5, 2026: 1 USD = 6,031 PYG (10,000 PYG = 1.66 USD). 1 EUR = 6,770 PYG (10,000 PYG = 1.48 EUR).

PYG to USD in detail →

On the map

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Between locations

Summit, NJ Asuncion 7,540 km ≈ 10 h nonstop flight

From you

Summit, 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

Summit, NJ vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Summit, NJ is pricier by about 276%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $5,814 per month in Summit, 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 $2,777 in Summit, NJ.

Monthly expenses with rent come to $3,876 in Summit, NJ and $1,032 in Asuncion. That makes Asuncion about 73% cheaper.

Kindergarten costs $1,716 per month in Summit, 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 Summit, NJ at $3,876. In Asuncion it covers expenses comfortably, while in Summit, 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.