MigrantoCost of living in Paraguay
Average monthly spending, by standard of living and against other countries
Monthly cost
PYG 2,080,000
what a typical person spends
Spending by standard of living
PYG 781,000richest 20%
PYG 7,380,000
Paraguay is a farming country at heart, and that keeps everyday life inexpensive. Food grown close by and low day-to-day prices mean your money covers more of the ordinary than it would most places. Yet it's also a land of sharp contrasts — the life the well-off lead and the one most people manage sit far apart.
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What it costs to live in Paraguay
Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Paraguay and how much you could have left each month
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Cost of living in Paraguay
PYG 781,000/mo
vs PYG 4,920,000 in your country
Take-home
PYG 1,220,000
vs PYG 7,380,000 in your country
Potential savings
PYG 434,000
more than in your country
Standard of living
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How living costs in Paraguay compare
Paraguay is one of the gentler places to live in Latin America, sitting below the regional middle on cost. Against the wider world, though, it reads as merely middling — quietly affordable for the area without quite being the outright bargain you might expect.
Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth
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Frequently asked questions
What is the cost of living in Paraguay?
A typical person in Paraguay spends about PYG 2,080,000 a month — around PYG 25,000,000 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.
What is the cost of living in Paraguay in US dollars?
The cost of living in Paraguay is about $339 a month, or roughly $4,068 a year per person.
How much money do you need to live comfortably in Paraguay?
It all depends on your standard of living. A modest budget runs about PYG 781,000 a month per person, a typical one around PYG 2,080,000, and a comfortable life around PYG 3,040,000. In big cities and for a family, costs are usually higher.
Is the average salary in Paraguay enough to live on?
Yes, with room to spare. Average spending is about PYG 2,080,000 a month, while the average take-home pay in Paraguay is about PYG 3,040,000. For more on incomes, see salaries in Paraguay.
Is Paraguay an expensive country to live in?
Somewhat. Paraguay is more expensive than 49% of countries worldwide and ranks 24th of 33 in Latin America by cost of living.
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Living in Paraguay
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