Cost of living and prices in Asunción, prices of food, rent, shopping, etc. 🇵🇾
Updated Jul 2023
Asunción is the capital city of Paraguay, located in South America. It is positioned at a latitude of -25.26374 and a longitude of -57.57593. The city rests at an elevation of 133 meters above sea level and has a population of around 1.5 million people. The local time zone is GMT: -3.0, which is the same as the rest of the country.
Asunción boasts a diverse economy, with industries ranging from agriculture, commerce, and manufacturing to financial services and technology. The city provides a relatively affordable cost of living, which attracts many expats and retirees. The cost of food, transport, and housing are all generally lower than in many other major cities in the region.
Alongside its economic opportunities, Asunción offers a rich cultural and historical heritage, evidenced in its museums, galleries, and landmarks. The city also has a bustling nightlife scene, with bars and clubs to suit all tastes, as well as a range of international restaurants and cafes. Overall, Asunción can be an ideal destination for those seeking a comfortable and affordable lifestyle in South America.
Cost of Living Estimate in Asunción
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Asunción, the capital city of Paraguay, is famous for its delicious traditional foods. It is a place where you can find a variety of restaurants that offer different types of cuisine such as Paraguayan, Italian, Spanish, and more. For those who love typical Paraguayan food, one of the most famous dishes is the "Chipa," which is made of cornflour and cheese, baked in the form of a small muffin. In addition to traditional foods, Asunción also has a lot of fusion restaurants. You can find sushi, Peruvian ceviche, Mexican tacos, and Argentine parillas. Also, the city offers exotic options such as Arabic cuisine and vegetarian restaurants, among others.
There are several areas in Asunción where you can find a concentration of restaurants. One of those areas is "La Costanera," a popular spot located near the Paraguay River, where you can sit outside and enjoy the beautiful scenery while trying different foods. Another area is in the historical center of the city, where you can find traditional and modern options. You may also consider visiting the "Mercado 4," a local market that offers a variety of street food options, fresh fruits, and vegetables. Lastly, if you are looking for a high-end dining experience, there are several upscale options that offer a luxurious environment and an exquisite culinary experience.
Market prices in Asunción, Paraguay tend to be quite affordable compared to other South American cities. This is particularly true when it comes to food and transportation costs. Locals and tourists alike can enjoy a variety of delicious street food options at very reasonable prices. The public transportation system is also budget-friendly and reliable, making it easy for visitors to get around the city without breaking the bank. Additionally, many shops and markets offer great deals on clothing, souvenirs, and handicrafts, making it a great destination for shopping on a budget.
Despite the lower prices for everyday goods, some luxury items and imported goods can be quite expensive in Asunción. This is largely due to the high taxes on luxury items that are imposed by the Paraguayan government. However, for those looking to splurge on these items, there are still a number of upscale shopping centers and boutiques throughout the city. Overall, whether you're on a tight budget or looking to indulge in some retail therapy, Asunción has something to offer for everyone.
If you're traveling to Asunción, the capital city of Paraguay, you'll find several interesting transportation options to explore the city. One such option is the public bus system, which is efficient, well-connected, and affordable. You can easily navigate the city's landmarks, museums, and residential areas using the public transportation system. Many buses run late into the night, ensuring that you can explore the city at your own pace. Additionally, you can take a taxi or ride-sharing service if you want to explore the city's hidden gems in your comfort.
Another exciting transportation option in Asunción is cycling. The city is cycle-friendly, and you can find several areas that are perfect for biking. You can rent a bike from one of the many bike rental shops in the city and go on a sightseeing tour. You can ride along the historic Recoleta neighbourhood, where you can see several colonial buildings, cafes, and street vendors. You can also ride along the Paraguay River, which gives you a beautiful view of the city skyline. Moreover, cycling is an excellent way to see the city at a slower pace, and you can even encounter friendly people on your ride.
Utilities Per Month prices
When it comes to utilities cost in Asunción, Paraguay, it's important to know that they typically run lower than in many other South American countries. This can be great news for travelers looking to save money during their trip. For example, the cost of electricity in Asunción is known to be significantly lower than it is in other cities throughout the region. Similarly, water and gas costs in the city tend to be more affordable than in other parts of South America as well. Overall, travelers should be able to enjoy comfortable accommodations without breaking the bank when it comes to utilities in Asunción.
Of course, it's worth noting that utilities costs in Asunción, Paraguay can still vary depending on a variety of factors. For example, travelers who opt for more luxurious accommodations may find that their utility bills are higher as a result. Additionally, those who are staying in apartments or other short-term rental properties may need to factor in additional fees, such as internet and cable costs. That being said, travelers who are mindful of their utility usage and choose their accommodations carefully should be able to find a great value when it comes to utilities cost in Asunción.
Sports And Leisure prices
Asunción, the capital city of Paraguay, is filled with sports and leisure activities that are great for visitors. Football (soccer) is the most popular sport in the country, and attending a game at the Estadio Defensores del Chaco is an unforgettable experience. The stadium has a capacity of 45,000 people, and the local teams are fiercely competitive, making for an exciting atmosphere. Visitors can also enjoy other sports like basketball and volleyball, which are also popular in the city. There are many sports clubs and gyms throughout the city, offering visitors the chance to work out and stay fit during their stay.
Leisure activities in Asunción are numerous, and travelers can enjoy a range of cultural experiences throughout the city. The Museo del Barro is a stunning museum that showcases Paraguayan folk art and crafts, while the Paseo La Galería offers upscale shopping and dining experiences. The city is also home to many beautiful parks, including the Botanic Garden and the Costanera de Asunción, both great options for a relaxing stroll. The nightlife in Asunción is lively, with many bars and clubs offering drinks and music well into the night.
Salaries And Financing prices
Salaries and financing in Asunción, Paraguay are significantly lower compared to other South American cities. The minimum wage in the country is relatively low, and the cost of living is also comparatively less. This makes Asunción an affordable place for budget-conscious travelers. However, it is important to remember that the economy of Paraguay is primarily based on agriculture and trade, and as a result, there are limited high-paying job opportunities in the city, which may result in some citizens earning less than what they would in other cities.
Despite the relatively low average income, financing in Asunción is well developed. The city has a good financial infrastructure, with numerous banks, both local and international, that offer a range of services, from savings accounts to business loans. ATMs can be found in most areas of the city, and credit cards are widely accepted in many establishments. This means that travelers to Asunción can rely on reliable and readily available financial services to manage their expenses and transactions during their stay, regardless of their budget.
Childcare prices in Asunción, Paraguay vary according to the type of facility. For instance, schools and kindergartens often charge higher prices than home-based daycare facilities. The cost of childcare services also depends on the age of the child and the services offered. Typically, the more services a facility offers, such as meals and transportation, the higher the price. Additionally, the location of the facility can influence the price, with urban areas generally being more expensive than rural areas.
Schools and kindergartens in Asunción, Paraguay are known for their high-quality education. These facilities provide a structured learning environment that is designed to encourage intellectual, social, and emotional growth. One of the major benefits of enrolling your child in a school or kindergarten is the access to professional educators who are trained to meet the unique needs of young children. However, as previously mentioned, the cost of these services can be higher than other childcare options, which can make it difficult for some families to afford. It's important to research your options and choose a childcare solution that meets your family's needs and budget.
Clothing And Shoes prices
When it comes to clothing and shoes, Asunción has a great range of options to choose from. You can find everything from high-end designer brands to affordable streetwear. There are several shopping malls scattered across the city, each with a variety of stores catering to different styles and budgets. Additionally, there are outdoor markets where you can find unique and traditional Paraguayan clothing and accessories at a bargain price.
For those who prefer name-brand items, Paraguay has a reputation for offering competitive prices on products imported from neighboring countries like Brazil and Argentina. You can find stores selling international brands such as Nike, Adidas, and Levi's. On the other hand, if you are looking for locally-made clothing, there are several small boutiques across Asunción offering trendy and affordable options. Whether you are looking for business attire, casual wear, or something more formal, Asunción has plenty of options to choose from.
Rent Per Month prices
Asunción, the capital city of Paraguay, has plenty of great short-term accommodation options. From cozy apartments to luxurious suites, there's something for everybody, whether you're travelling solo or with friends and family. Short-term rentals are a great choice for those who want to experience the local culture or enjoy a more homely environment. Plus, these options are often more affordable than hotels and offer more flexibility and freedom.
When it comes to short-rent and stay options, Asunción has plenty to offer. Whether you're looking for a budget-friendly studio or a chic penthouse, you'll find it here. Some popular options include furnished apartments, vacation rentals, and serviced apartments that come with daily or weekly housekeeping. These options range in prices and amenities, so there's something for everyone's budget. Additionally, short-term rentals are a great way to enjoy your stay without breaking the bank, so you can save your money for exploring all that Asunción has to offer.
Buy Apartment prices
Asunción, the capital city of Paraguay, offers a variety of real estate buying options to suit different buyer preferences. One can choose to invest in traditional houses or modern apartments located in high-rise buildings. The city also has multiple gated communities with top-notch amenities such as swimming pools, sports facilities, and landscaped gardens.
The real estate market in Asunción caters to different budget ranges, and buyers can choose from a range of options that suit their financial capacity. The prices of real estate in Asunción are relatively affordable when compared to other big cities in the region, making it an attractive investment destination. Whether you are a first-time homebuyer or a seasoned investor, there is something for everyone in Asunción's real estate market.