Last update: Oct 2026

Cost of Living Comparison Between Toronto and Asuncion

For one person, living is cheaper in Asuncion: $1,049 a month against $2,530 in Toronto, rent and utilities included – about $17,800 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Toronto
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Toronto Living Index
51

Cost of Living Index in Asuncion
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Asuncion Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Asuncion

🇵🇾 Paraguay

$1,049

/mo nomad

Monthly Cost of Living

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

A single person spends $2,530 per month in Toronto vs $1,049 in Asuncion, rent included.

Toronto $2,530
Asuncion $1,049

A couple spends around $3,646 per month in Toronto vs $1,635 in Asuncion, rent included.

Toronto $3,646
Asuncion $1,635

A family of three spends $4,761 per month in Toronto vs $2,221 in Asuncion, rent included.

Toronto $4,761
Asuncion $2,221

Toronto costs about 141% more than Asuncion, and outside of rent the biggest gap is in eating out.

Toronto sits 89% above the global median, while Asuncion is 22% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.67 CA$25.13

$6.66 ₲38.1K

165.32%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$43.46 ₲248.7K

78.05%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.90

$6.63 ₲37.9K

57.92%

Cappuccino

$4.08 CA$5.80

$3.44 ₲19.7K

18.60%

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

$2.12 CA$3.01

$1.07 ₲6,096

98.13%

Water (0.33 liter bottle)

$1.76 CA$2.50

$0.58 ₲3,325

203.45%

Local Beer (0.5 liter draught)

$6.17 CA$8.78

$1.85 ₲10.6K

233.51%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.80

$1.70 ₲9,721

305.29%

Milk (1 liter)

$2.43 CA$3.46

$1.25 ₲7,144

94.40%

White Bread (500g)

$2.75 CA$3.91

$1.49 ₲8,516

84.56%

Rice (white) (1kg)

$2.23 CA$3.17

$1.35 ₲7,707

65.19%

Eggs

$3.45 CA$4.90

$2.32 ₲13.3K

48.71%

Local Cheese (1kg)

$8.93 CA$12.71

$9.85 ₲56.4K

-9.34%

Chicken Fillets (1kg)

$11.44 CA$16.27

$5.20 ₲29.8K

120.00%

Beef Round Steak (1kg)

$14.61 CA$20.78

$9.91 ₲56.7K

47.43%

Apples (1kg)

$3.75 CA$5.33

$2.99 ₲17.1K

25.42%

Banana (1kg)

$1.15 CA$1.63

$1.23 ₲7,017

-6.50%

Oranges (1kg)

$3.55 CA$5.05

$1.21 ₲6,921

193.39%

Tomato (1kg)

$4.28 CA$6.09

$2.45 ₲14.0K

74.69%

Potato (1kg)

$1.85 CA$2.62

$1.30 ₲7,464

42.31%

Onion (1kg)

$1.67 CA$2.37

$1.34 ₲7,644

24.63%

Lettuce (1 head)

$2.22 CA$3.15

$0.84 ₲4,784

164.29%

Water (1.5 liter bottle)

$1.21 CA$1.72

$0.69 ₲3,957

75.36%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.74

$2.24 ₲12.8K

519.64%

Wine (Bottle)

$14.25 CA$20.27

$9.02 ₲51.6K

57.98%

Local Beer (0.5 liter bottle)

$2.20 CA$3.12

$1.33 ₲7,597

65.41%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.44

$1.68 ₲9,593

44.05%

One-way Ticket (Public Transport)

$2.42 CA$3.44

$0.57 ₲3,238

324.56%

Public Transport Monthly Pass (Regular Price)

$111 CA$158

$38.02 ₲217.5K

191.27%

Taxi Start (Normal Tariff)

$2.90 CA$4.12

$1.45 ₲8,289

100.00%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.79

$1.57 ₲9,008

-19.75%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.33

$10.04 ₲57.4K

119.42%

Gasoline (1 liter)

$1.22 CA$1.74

$1.21 ₲6,897

0.83%

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

$27.6K CA$39.3K

$16.9K ₲96.9M

63.21%

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

$19.8K CA$28.2K

$35.3K ₲202.2M

-43.90%

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

$122 CA$173

$50.1 ₲286.6K

143.37%

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

$32.03 CA$45.56

$16.94 ₲96.9K

89.08%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.2

$21.75 ₲124.5K

120.32%

Gym Membership (Monthly)

$38.90 CA$55.3

$36.50 ₲208.9K

6.58%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.05

$14.89 ₲85.2K

56.08%

Cinema Ticket

$12.61 CA$17.94

$8.59 ₲49.2K

46.80%

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

$834 CA$1,186

$184 ₲1.1M

352.72%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.2K

$5,873 ₲33.6M

297.38%

Jeans (Levis 501 Or Similar)

$52.6 CA$74.8

$62.4 ₲357.2K

-15.75%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.3

$55.4 ₲316.8K

-27.28%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$104 ₲597.0K

-7.79%

Men's Leather Business Shoes

$123 CA$175

$69.2 ₲395.8K

77.74%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,273

$620 ₲3.6M

157.55%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,041

$373 ₲2.1M

284.54%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,779

$1,050 ₲6.0M

153.08%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,981

$624 ₲3.6M

235.78%

Buy Apartment in City Center (m2)

$8,033 CA$11.4K

$1,716 ₲9.8M

368.23%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,327

$1,242 ₲7.1M

428.13%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,324

$723 ₲4.1M

417.86%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

10.15

-55.96%

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

Last update for Toronto: October 4, 2026

Last update for Asuncion: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Toronto

$1.4K 55.4%

Asuncion

$373 35.8% 74% $1.1K

Groceries & Markets

Toronto

$340 13.1%

Asuncion

$213 20.4% 37.4% $127

Eating Out

Toronto

$282 10.9%

Asuncion

$134 12.8% 52.6% $148

Monthly Utilities & Internet

Toronto

$202 7.8%

Asuncion

$89 8.5% 56% $113

Clothing & Footwear

Toronto

$140 5.4%

Asuncion

$131 12.6% 6.6% $9.3

Getting Around

Toronto

$130 5%

Asuncion

$50 4.8% 61.7% $80

Sport & Entertainment

Toronto

$64 2.5%

Asuncion

$54 5.2% 16.3% $10

Cost Breakdown

A central one-bedroom costs $1,598 in Toronto versus $620 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 418% higher in Toronto, 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 $77.0 in Toronto versus $43.00 in Asuncion. Monthly groceries follow the same trend: $340 vs $213 – making Asuncion the more affordable choice for daily food spending.

Good to know

🇨🇦 Toronto

🇵🇾 Asuncion

🕒 Local time

21:53 9:53 PM

22:53 10:53 PM

1 h ahead of Toronto

🌤 Weather

👥 Population

2,731,571

742,023 Capital

💱 Currency

Canadian Dollar CAD $

Paraguayan Guarani PYG ₲

📈 Exchange rate

1 CAD = 0.703 USD

1 CAD = 0.627 EUR

10,000 PYG = 1.75 USD

10,000 PYG = 1.56 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 October 10, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.6 CAD (1 CAD = 0.627 EUR).

Paraguayan Guarani exchange rates as of October 10, 2026: 1 USD = 5,722 PYG (10,000 PYG = 1.75 USD). 1 EUR = 6,418 PYG (10,000 PYG = 1.56 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Asuncion 7,980 km ≈ 10 h nonstop flight

From you

Toronto
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

Toronto vs Asuncion: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 141%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,795 per month in Toronto and $1,574 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 191% less in Asuncion. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $834 per month in Toronto and $184 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 $1,049, than in Toronto at $2,530. In Asuncion it covers expenses comfortably, while in Toronto 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, better infrastructure, or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.