Paraguay (PY)
Affordable South American residency hub with low taxes, warm climate, Mercosur access, growing expat communities, and a practical base in Asuncion, Encarnacion and Ciudad del Este.
Capital: Asuncion
Region: Americas
Language: Spanish
Currency: PYG (Gs.)
Cost of living: Very affordable (index 25)
Emergency: 911
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Cost of Living
Real prices in Paraguay — 2026 data in PYG.
25
Cost of living index
(100 = NYC reference)
Very affordable compared to major global cities. Your money goes a long way here.
Food & Groceries
Bread (pan de semita, local bakery) Gs. 3,000–6,000
Milk (1L) Gs. 3,500–6,500
Eggs (12) Gs. 12,000–22,000
Beef (1kg, parrilla cut) Gs. 25,000–60,000
Chipa (iconic cheese bread, each) Gs. 2,000–5,000
Beer (0.5L, Pilsen / Brahma, supermarket) Gs. 6,000–12,000
Tereré herb mix (ka'a he'ë, monthly supply) Gs. 15,000–40,000
Monthly groceries for 1 person Gs. 1,200,000–2,500,000
Dining Out
Sopa paraguaya (iconic savoury cornbread, side dish) Gs. 5,000–12,000
Lunch menu / comida corrida Gs. 25,000–55,000
Churrasco at parrillada restaurant Gs. 80,000–200,000
Casual restaurant dinner for 1 Gs. 60,000–150,000
Coffee (espresso / tinto) Gs. 8,000–20,000
Dinner for 2 (mid-range) Gs. 180,000–450,000
Rent
1-bed apartment, central Asunción Gs. 2,500,000–4,800,000/month
3-bed apartment, good Asunción neighbourhood Gs. 5,000,000–10,000,000/month
Furnished short-stay apartment Gs. 5,400,000–14,000,000/month
House in gated community Gs. 9,300,000–27,300,000/month
Room in shared flat Gs. 700,000–1,800,000/month
Utilities (electricity, water, building charges) Gs. 500,000–1,800,000/month
Transport
Urban bus ride (Asunción flat fare) Gs. 3,400–4,500
Rideshare across central Asunción (InDriver / Uber) Gs. 20,000–60,000
Taxi (metered or agreed) Gs. 25,000–80,000
Intercity bus Asunción–Encarnación Gs. 80,000–160,000
Petrol (1L, 93 octane) Gs. 7,000–9,500
Monthly parking in Asunción Gs. 150,000–400,000
Used compact car Gs. 60,000,000–120,000,000
Health & Insurance
Private GP visit Gs. 150,000–400,000
Private specialist visit Gs. 250,000–700,000
Dental cleaning Gs. 180,000–500,000
Private health insurance (single adult, monthly) Gs. 400,000–1,500,000
IPS voluntary contributions (self-employed, monthly) Gs. 250,000–600,000
Utilities
Electricity (ANDE, monthly — very low due to Itaipú hydro) Gs. 100,000–400,000
Water (ESSAP, monthly) Gs. 30,000–100,000
Home fibre internet Gs. 120,000–250,000/month
Mobile plan with data Gs. 60,000–180,000/month
Air conditioning extra cost in summer (Dec–Feb) Gs. 200,000–600,000 additional
Childcare
Private nursery / preschool (monthly) Gs. 800,000–4,000,000
Bilingual private school (monthly fees) Gs. 2,000,000–8,000,000
International school (annual) Gs. 31,200,000–140,000,000
Private tutor Gs. 70,000–180,000/hour
Leisure
Gym membership (monthly) Gs. 150,000–500,000
Cinema ticket Gs. 35,000–65,000
Coworking hot desk (monthly) Gs. 400,000–1,200,000
Horse racing (Hipódromo de Asunción, entry) Gs. 20,000–60,000
Haircut (men's) Gs. 30,000–80,000
Haircut (women's) Gs. 80,000–250,000
Craft beer in bar (0.5L) Gs. 20,000–50,000
Day trip to Itaipú Dam or Iguazú Falls Gs. 100,000–300,000/person
Cost of Living
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