Cost of living and prices in Paraguay, prices of food, rent, shopping, etc 🇵🇾 Updated Jul 2023
Paraguay, a country located in South America, shares its borders with Argentina, Bolivia, and Brazil. It has an area of 406,750 square kilometres and a population of 6,375,830 with a population density of 15.68 people per square kilometre. The official languages of Paraguay are Spanish and Guaraní. The country's GDP is $30,560,000,000 and its GDP per capita is $ 4793. The currency used in Paraguay is the Paraguayan guaraní and its top level domains are .py. When it comes to the cost of living in Paraguay, it is relatively low compared to other countries in South America. Food, transportation, and accommodation are affordable, making it an ideal choice for budget-conscious travellers or those looking for a cheap retirement destination. The country has several attractions to offer, such as the Iguazu Falls, Ybycui National Park, and San Bernardino Lake, making it an excellent spot for nature lovers. Additionally, the healthcare system in Paraguay is commendable, and the country is known for its high-quality medical education, providing affordable medical care to its citizens and visitors. The country's economy is growing, making it a promising destination for investors. These factors combined make Paraguay an ideal destination for those looking for an affordable and exciting travel experience or a place to start a new life.
Cost of Living Estimate in Paraguay
You can calculate cost of living in Paraguay by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
Paraguay offers a unique culinary experience with a delicious combination of traditional dishes and international cuisine. Visitors should definitely try the "chipa" which is a traditional Paraguayan bread made with tapioca starch, cheese, and eggs. The "sopa paraguaya" is also a must-try dish which is a type of cornbread baked with onion, cheese, and milk. For those who enjoy meat, the "asado" is a typical dish consisting of grilled meat served with yucca and a special sauce. In addition to these traditional dishes, tourists can also find Italian, Japanese, and Mexican restaurants among others.
Paraguay is also known for its open-air markets where visitors can taste a variety of local street food. These markets are usually held on weekends and holidays and offer an extensive range of dishes that will satisfy all kinds of tastes. In these markets, tourists can try the "locro", which is a stew made with meat, corn, and vegetables, and the "mandioca", which is a cassava root that is boiled and served with cheese or meat. For those with a sweet tooth, they can enjoy "mbeju" which is a pancake made of manioc flour, cheese, and butter. Overall, Paraguay offers a wide range of options for eating, creating an unforgettable gastronomic experience.
Market prices in Paraguay can vary depending on the type of product or service offered. Generally speaking, Paraguay is known for its affordable prices, which makes it an attractive destination for budget-conscious travelers. Whether you're looking for fresh produce, souvenirs, or entertainment, you can often find great deals in the local markets and shops.
That being said, prices can also fluctuate depending on the region you're in or the time of year. It's also important to keep in mind that Paraguay uses the Guarani as its currency, which is significantly weaker than the US dollar or Euro. This can have an impact on the perceived value of goods and services, and it's important to be aware of the exchange rate when making purchases.
Paraguay offers a variety of transportation options for travelers to explore the country's lush landscapes and vibrant cities. Buses are an affordable and comfortable way to get around, with major cities well connected by long-distance services. These buses range from basic to luxury and often come equipped with air conditioning and toilets. Taking a bus can be a great opportunity to see the countryside and get a sense of local life.
For those seeking more adventure, renting a car or motorcycle can be a fun way to explore Paraguay independently. The country's roads are generally in good condition, and there are plenty of rental agencies in larger cities. However, be aware that some areas can be remote and less well-traveled, so it's important to plan carefully and stay safe. Paraguay also has a decent train network, with regular services connecting Asuncion to other cities. This can be a slower but more scenic way to see the countryside and perhaps meet some locals along the way.
Utilities Per Month prices
One thing to keep in mind when traveling to Paraguay is the cost of utilities. While some areas may have access to reliable electricity, water, and internet services, others may not be as well-developed. It's important to research the areas you plan to visit and consider the utilities you'll need while there. You may also want to factor in the cost of bringing any necessary equipment or devices, such as a portable charger or a water filtration system.
It's also worth noting that conservation is key when it comes to utilities in Paraguay. In some areas, access to clean water may be limited, so it's important to use resources wisely. Turn off lights and electronics when not in use, take shorter showers, and avoid wasting water while brushing your teeth or cooking. These small actions can make a big difference in preserving resources and reducing costs, both for you and for the environment.
Sports And Leisure prices
Paraguay is a country that takes sports and leisure very seriously, and offers a variety of activities that cater to different interests. Football is a national obsession that is deeply rooted in Paraguay's culture. Visitors can watch a live game at the iconic Defensores del Chaco stadium, or join locals in a friendly pickup game at one of the numerous public parks. For those who prefer more adrenaline-fueled activities, Paraguay offers excellent opportunities for adventure sports such as rafting, kayaking, and ziplining. The country's lush forests and winding rivers make it an ideal destination for nature lovers who want to explore the great outdoors.
When it comes to leisure, Paraguay has plenty of options to keep visitors entertained. The city of Asunción is a vibrant hub of cultural activities, with a wide variety of museums, galleries, and theatres. The historic town center is a great place to wander around and discover hidden gems, such as artisan markets and cozy cafes. Paraguay is also famous for its delicious cuisine, which is a blend of indigenous, Spanish, and Guarani influences. Foodies can indulge in traditional dishes such as asado (barbecue), sopa paraguaya (cornbread), and chipa (cheese bread) at local restaurants and street vendors. Whether you're looking for sports or leisure activities, Paraguay has something for everyone.
Salaries And Financing prices
When it comes to salaries and financing in Paraguay, it is important to note that the country is relatively affordable compared to other destinations in South America. The average salary in Paraguay is lower than other countries in the region, meaning that the cost of living is generally lower as well. This can be a big advantage for travelers looking to get the most out of their budget without sacrificing their experience. From accommodations to activities, visitors can expect to get more for their money in Paraguay.
In terms of financing, Paraguay has a relatively stable currency with the Paraguayan guaraní being the official currency used throughout the country. While credit cards are accepted at most establishments, it is still recommended to carry cash in smaller denominations for convenience. There are also numerous ATMs located throughout the country, making it easy for travelers to access cash as needed. It is worth noting, however, that some establishments may charge a fee for credit card transactions, so it's best to check beforehand to avoid any unexpected surprises.
Childcare prices in Paraguay can vary greatly depending on the type of facility and location. Schools and Kindergartens tend to be more expensive than other daycare options like home-based care or informal arrangements with family members. However, they often offer a more structured and educational environment that can be beneficial for a child's development. Some schools and Kindergartens may also offer additional services like transportation or meals, which can factor into the overall cost.
When considering childcare options in Paraguay, it's important to do your research and compare prices and services. While schools and Kindergartens may have higher prices, they may also have more experienced and qualified staff. It's also important to factor in the location of the facility, as those in urban areas may be more expensive than those in rural areas. Ultimately, the cost of childcare in Paraguay will depend on a variety of factors, including the type of facility, location, and additional services offered.
Clothing And Shoes prices
When it comes to clothing and shoes shopping in Paraguay, you'll be pleased to find a wide range of options that cater to every style and budget. Whether you're looking for casual wear or high-end fashion pieces, there are plenty of stores and markets to explore that offer a diverse selection of clothing and footwear. You can choose to shop at local markets to get an authentic taste of the country's fashion scene or head to the major retail stores in larger cities to find well-known brands and designer labels.
If you're looking for affordable clothing and shoes in Paraguay, you'll be spoilt for choice. Shopping at local markets is a great option as you can find excellent deals and unique pieces that you won't find elsewhere. For those who prefer to shop in more traditional stores, you can visit the main shopping centers in Paraguay's larger cities, such as Asuncion. Here you can find stores that cater to all budgets with a vast range of clothing and shoes to choose from. Whether you're looking for casual wear or something more formal, you're sure to find something that catches your eye.
Rent Per Month prices
Short-term rental options in Paraguay are abundant and varied. Whether you're looking for a fully-furnished apartment or a simple room, you'll have no trouble finding an affordable short-term rental to suit your needs. Prices for short-term rentals are generally much lower than long-term rentals, making them ideal for travelers, students or anyone who needs temporary accommodation.
If you're planning on staying in Paraguay for an extended period of time, there are also plenty of longer-term rental options available. These rentals are typically unfurnished and can be found at a range of different price points, depending on location and amenities. Whether you're looking for a one-bedroom apartment or a larger house, there's sure to be a rental option to suit your budget.
Buy Apartment prices
Paraguay offers a wide range of options for those looking to invest in real estate. Whether you're interested in properties in the city or the countryside, you can find everything from apartments and condos to large estates and commercial buildings. Prices vary depending on the location and type of property, but in general, Paraguay offers a more affordable real estate market compared to many other parts of South America.
One of the advantages of buying real estate in Paraguay is the ease of the process. Foreigners can purchase property just as easily as nationals, and there are no restrictions on buying, selling, or renting real estate. Additionally, the country offers a stable economy and political system, making it a safe and secure investment. For those looking for a lower cost of living and a quiet lifestyle, Paraguay offers beautiful landscapes, friendly people, and a rich culture, making it an attractive option for real estate investment.