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National Pantheon of the Heroes in Asuncion, Paraguay

Cost of Living in Paraguay

By Joshua Wood, LPC

Last updated on Mar 03, 2024

Summary: The cost of living in Paraguay is generally quite affordable. A nice one bedroom apartment in Paraguay can cost anywhere from $200 to $400 per month, while a nice two bedroom apartment can cost from $400 to $600 per month. A dinner at a moderately priced restaurant in Paraguay can cost anywhere from $10 to $20 per person.

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Is the cost of living in Paraguay high?

We asked people how much they someone comfortably live on in Paraguay, they wrote:

"The cost of living in Paraguay is generally considered to be quite affordable. Basic necessities such as food, transportation, and housing are all relatively inexpensive compared to other countries in the region. Prices for consumer goods and services are also quite low, making it a great destination for budget travelers. Additionally, the cost of living in Paraguay is significantly lower than in many other Latin American countries, making it an attractive option for expats and retirees," remarked one expat in Paraguay.

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

National Pantheon of the Heroes in Asuncion, Paraguay

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Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
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