Premium lifestyle scene in Asunción reflecting the cost of living in Paraguay for foreign residents.

Cost of living in Paraguay in : technical guide

Detailed analysis of prices, housing, education, and services for investors looking to maximize their quality of life and purchasing power in .

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Adjust the parameters based on your lifestyle and discover the cost of living in Paraguay.

Estimated monthly investment
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In a city like Madrid, London, or Miami, an equivalent lifestyle would cost approximately:

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*Estimation based on market prices. Costs may vary based on personal habits.

General analysis of the cost of living in

Paraguay is internationally positioned as a haven of economic efficiency. For an international investor, purchasing power in the country is significantly higher than in Europe or North America, allowing for a high-end lifestyle with a moderate monthly investment.

-40% More affordable than the EU average
#1 Cheapest electricity in the region
0% Tax on foreign capital

Housing and real estate market

The real estate market in Paraguay, especially in Asunción, offers options ranging from modern lofts in corporate areas to residences with large gardens. Prices vary by neighborhood and amenity levels.

Property typePremium area (Asunción)Standard residential area
1-bedroom apartment600 - 900 USD350 - 550 USD
3-bedroom apartment1,200 - 2,500 USD700 - 1,100 USD
Single-family house (4-bed)2,500 USD +1,200 - 1,800 USD

* Prices include "expensas" (HOA/community fees) in most modern buildings.

Domestic service and assistance staff

One of the greatest improvements in quality of life experienced by international residents in Paraguay is the accessibility of private assistance staff. In , costs allow for daily professional support for a fraction of what it would cost in other jurisdictions.

Estimated assistance costs

  • Housekeeper (full-time): Between 400 USD and 600 USD monthly based on experience and modality (live-in or live-out).
  • Cleaning service by the hour: Approximately 15 - 25 USD per 8-hour shift.
  • Maintenance staff (gardening/pool): Between 50 and 100 USD monthly for weekly visits.

Utilities and connectivity

Thanks to the abundance of hydroelectric energy from sources like Itaipú, the cost of electricity is among the lowest globally, a determining factor for domestic and business savings.

Electricity and water

For a 2-person apartment, spending ranges between 40 and 80 USD monthly, even with intensive air conditioning use.

High-speed internet

Symmetrical fiber optic plans (300 Mbps to 1 Gbps) range between 25 and 50 USD monthly.

Food, supermarkets, and leisure

The quality of fresh produce in Paraguay is exceptional. As a major food exporter, local prices are very affordable in .

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Grocery basket

A monthly budget of 300-500 USD covers a high-quality basket for two people with premium and imported products.

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Dining and leisure

Dining at a top-tier restaurant in the corporate axis costs between 25 and 45 USD per person (including wine and dessert).

Electronics, technology, and luxury shopping

Paraguay is known as the region's shopping hub. Thanks to a low-tariff policy for re-export and domestic consumption, technology and luxury products often have lower prices than in neighboring countries and are similar to those in the United States.

iPhone Prices similar to the USA / Global
Luxury Free trade zones and premium malls

High-end international brands in fashion, watches, and perfumes have a direct presence in Asunción's main shopping centers, offering an exclusive shopping experience in .

International education and schools in

For families moving their residency to Paraguay, the private educational offering in Asunción meets world-class standards, offering International Baccalaureate (IB) programs and North American or European academic calendars.

Investment in private education

Costs vary by the institution's prestige and the student's academic grade:

  • Annual enrollment fee: Between 500 USD and 1,200 USD (one-time payment per year).
  • Monthly tuition: Between 400 USD and 950 USD depending on the school (American, International, St. Anne's, etc.).
  • Extra services: School transport and lunch usually range between 100 and 200 USD additional per month.

You can find more technical details on the pedagogical model in our section on the Paraguayan education system.

Transportation and mobility

Fuel in Paraguay is competitively priced, and mobility apps (Uber/Bolt) are extremely affordable for urban travel.

  • Fuel: A liter of premium gasoline is around 1.10 USD.
  • Private mobility: A 15-minute ride on digital platforms costs between 3 and 6 USD.
  • Importing: See our guide on how to import a vehicle for reduced tariffs for residents.

Private healthcare and high-end medical insurance

The private healthcare system in Paraguay is of excellent quality in the capital's reference centers. Having medical insurance is standard practice for international residents in .

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VIP medical insurance

Premium plans with full coverage in elite hospitals (La Costa, Santa Julia, Migone) cost between 70 and 130 USD monthly per adult.

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Family plans

Insurers offer significant discounts for family groups, covering a family of 4 for about 250 - 350 USD total.

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Medications and pharmacy

Drug costs are moderate, and pharmacy networks offer discounts of up to 30% through medical insurance.

Summary of estimated monthly budget

Below is an estimate of the expenses to maintain a comfortable lifestyle in Asunción during the fiscal year:

CategorySingle / Nomad profileFamily profile (4 people)
Accommodation (Central area)700 USD1,800 USD
Food and household400 USD900 USD
Utilities and connectivity100 USD250 USD
Health and leisure300 USD700 USD
ESTIMATED TOTAL1,500 USD3,650 USD

Frequently asked questions

Can you pay in dollars in Paraguay?

The official currency is the Guaraní, but the US dollar is widely accepted for high-value transactions such as rent, vehicle purchases, and real estate.

What is the minimum wage in the country?

In , the legal minimum wage is around 370 USD. This explains why domestic and assistance services are very affordable for expats.

Do prices include taxes?

Yes, by law, all prices shown to the end consumer must include VAT (10% or 5%).

Technical note: The prices reflected here for are averages obtained from local real estate market sources and consumer databases. Actual spending will strictly depend on each resident's individual habits.

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