Last update: Nov 2026

Cost of Living Comparison Between Thunder Bay and Asuncion

For one person, living is cheaper in Asuncion: $1,032 a month against $2,251 in Thunder Bay, rent and utilities included – about $14,600 less a year. Rent and utilities account for most of the difference.

108

Cost of Living Index in Thunder Bay
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Thunder Bay Living Index
50

Cost of Living Index in Asuncion
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Asuncion Living Index

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Thunder Bay

🇨🇦 Canada

$2,251

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,032

/mo nomad

Monthly Cost of Living

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

A single person spends $2,251 per month in Thunder Bay vs $1,032 in Asuncion, rent included.

Thunder Bay $2,251
Asuncion $1,032

A couple spends around $3,354 per month in Thunder Bay vs $1,625 in Asuncion, rent included.

Thunder Bay $3,354
Asuncion $1,625

A family of three spends $4,458 per month in Thunder Bay vs $2,217 in Asuncion, rent included.

Thunder Bay $4,458
Asuncion $2,217

Thunder Bay costs about 118% more than Asuncion, and outside of rent the biggest gap is in groceries.

Thunder Bay sits 66% above the global median, while Asuncion is 24% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.55 CA$24.60

$7.19 ₲45.7K

144.09%

Three-Course Dinner for Two, Mid-Range

$61.9 CA$86.7

$42.94 ₲273.0K

44.04%

Fast Food Meal (McDonalds, etc)

$12.45 CA$17.46

$6.58 ₲41.9K

89.21%

Cappuccino

$3.53 CA$4.95

$3.28 ₲20.9K

7.62%

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

$1.97 CA$2.76

$1.01 ₲6,391

95.05%

Water (0.33 liter bottle)

$1.59 CA$2.22

$0.55 ₲3,521

189.09%

Local Beer (0.5 liter draught)

$5.25 CA$7.36

$2.06 ₲13.1K

154.85%

Imported Beer (0.33 liter bottle)

$5.09 CA$7.13

$1.68 ₲10.7K

202.98%

Milk (1 liter)

$2.28 CA$3.20

$1.24 ₲7,913

83.87%

White Bread (500g)

$2.65 CA$3.71

$1.42 ₲8,997

86.62%

Rice (white) (1kg)

$3.23 CA$4.53

$1.30 ₲8,297

148.46%

Eggs

$3.74 CA$5.25

$2.39 ₲15.2K

56.49%

Local Cheese (1kg)

$22.33 CA$31.30

$9.44 ₲60.0K

136.55%

Chicken Fillets (1kg)

$15.94 CA$22.34

$5.10 ₲32.4K

212.55%

Beef Round Steak (1kg)

$16.83 CA$23.60

$9.66 ₲61.4K

74.22%

Apples (1kg)

$3.49 CA$4.89

$3.00 ₲19.1K

16.33%

Banana (1kg)

$1.17 CA$1.64

$1.25 ₲7,930

-6.40%

Oranges (1kg)

$4.00 CA$5.61

$1.16 ₲7,361

244.83%

Tomato (1kg)

$3.64 CA$5.10

$2.42 ₲15.4K

50.41%

Potato (1kg)

$2.41 CA$3.38

$1.32 ₲8,365

82.58%

Onion (1kg)

$2.15 CA$3.02

$1.33 ₲8,443

61.65%

Lettuce (1 head)

$2.95 CA$4.14

$0.85 ₲5,388

247.06%

Water (1.5 liter bottle)

$2.33 CA$3.27

$0.69 ₲4,364

237.68%

Cigarettes 20 Pack (Marlboro, Camel)

$11.39 CA$15.96

$2.34 ₲14.9K

386.75%

Wine (Bottle)

$8.90 CA$12.48

$8.87 ₲56.4K

0.34%

Local Beer (0.5 liter bottle)

$1.98 CA$2.77

$1.30 ₲8,283

52.31%

Imported Beer (0.33 liter bottle)

$3.08 CA$4.32

$1.65 ₲10.5K

86.67%

One-way Ticket (Public Transport)

$2.30 CA$3.22

$0.59 ₲3,783

289.83%

Public Transport Monthly Pass (Regular Price)

$65.9 CA$92.4

$35.97 ₲228.7K

83.29%

Taxi Start (Normal Tariff)

$5.03 CA$7.04

$1.44 ₲9,129

249.31%

Taxi (Normal Tariff) (1km)

$2.45 CA$3.43

$1.53 ₲9,743

60.13%

Taxi 1hour Waiting (Normal Tariff)

$36.39 CA$51.0

$10.03 ₲63.8K

262.81%

Gasoline (1 liter)

$1.15 CA$1.61

$1.21 ₲7,681

-4.96%

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

$27.8K CA$39.0K

$16.8K ₲106.9M

65.29%

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

$20.9K CA$29.3K

$29.2K ₲185.8M

-28.35%

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

$158 CA$221

$49.05 ₲311.9K

222.08%

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

$58.8 CA$82.4

$16.79 ₲106.7K

250.27%

Internet (50+ Mbps, Unlimited Data)

$80.9 CA$113

$21.60 ₲137.4K

274.31%

Gym Membership (Monthly)

$24.19 CA$33.91

$35.35 ₲224.8K

-31.57%

Tennis Court (1 Hour on Weekend)

$14.61 ₲92.9K

Cinema Ticket

$17.73 CA$24.86

$8.51 ₲54.1K

108.34%

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

$667 CA$935

$183 ₲1.2M

264.16%

International Primary School, 1 Child (Yearly)

$3,526 CA$4,942

$5,730 ₲36.4M

-38.46%

Jeans (Levis 501 Or Similar)

$77.7 CA$109

$63.2 ₲401.8K

22.96%

Summer Dress (H&M, Zara, etc)

$35.96 CA$50.4

$56.7 ₲360.2K

-36.53%

Sport Shoes (Adidas, Nike)

$80.2 CA$112

$104 ₲662.3K

-23.02%

Men's Leather Business Shoes

$131 CA$183

$70.2 ₲446.2K

85.99%

1-bedroom Apartment, City Center (Monthly)

$1,151 CA$1,613

$611 ₲3.9M

88.19%

1-bedroom Apartment, Outside City Center (Monthly)

$966 CA$1,355

$367 ₲2.3M

163.61%

3-bedroom Apartment, City Center (Monthly)

$1,926 CA$2,700

$1,033 ₲6.6M

86.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,645 CA$2,306

$630 ₲4.0M

160.99%

Buy Apartment in City Center (m2)

$1,747 ₲11.1M

Buy Apartment Outside City Center (m2)

$1,234 ₲7.8M

Average Monthly Net Salary (After Tax)

$3,045 CA$4,268

$676 ₲4.3M

350.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.58

10.15

-54.88%

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

Last update for Thunder Bay: November 1, 2026

Last update for Asuncion: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Thunder Bay

$966 42.9%

Asuncion

$367 35.5% 62.1% $600

Groceries & Markets

Thunder Bay

$418 18.6%

Asuncion

$209 20.3% 50% $209

Monthly Utilities & Internet

Thunder Bay

$298 13.2%

Asuncion

$87 8.5% 70.6% $210

Eating Out

Thunder Bay

$271 12%

Asuncion

$137 13.2% 49.6% $134

Clothing & Footwear

Thunder Bay

$146 6.5%

Asuncion

$132 12.8% 9.3% $14

Getting Around

Thunder Bay

$92 4.1%

Asuncion

$47 4.6% 48.6% $45

Sport & Entertainment

Thunder Bay

$60 2.7%

Asuncion

$52 5.1% 12.2% $7.3

Cost Breakdown

A central one-bedroom costs $1,151 in Thunder Bay 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 Thunder Bay are about 4.5 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $62 in Thunder Bay versus $43 in Asuncion. Monthly groceries follow the same trend: $418 vs $209 – making Asuncion the more affordable choice for daily food spending.

Good to know

🇨🇦 Thunder Bay

🇵🇾 Asuncion

🕒 Local time

00:04 12:04 AM

02:04 2:04 AM

2 h ahead of Thunder Bay

🌤 Weather

👥 Population

107,909

742,023 Capital

💱 Currency

Canadian Dollar CAD $

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

10,000 PYG = 1.57 USD

10,000 PYG = 1.4 EUR

Exchange rates and currency converter

PYG, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

Paraguayan Guarani exchange rates as of November 6, 2026: 1 USD = 6,358 PYG (10,000 PYG = 1.57 USD). 1 EUR = 7,138 PYG (10,000 PYG = 1.4 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Thunder Bay Asuncion 8,780 km ≈ 11 h nonstop flight

From you

Thunder Bay
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

Thunder Bay vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Thunder Bay is pricier by about 118%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,376 per month in Thunder Bay 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 $1,151 in Thunder Bay.

Public transport costs about 45% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $667 per month in Thunder Bay 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 Thunder Bay at $2,251. In Asuncion it covers expenses comfortably, while in Thunder Bay 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, Thunder Bay makes more sense. Both are solid long-term options with distinct trade-offs.