MigrantoCost of living in Paraguay
What a month costs, how prices compare with other countries
Monthly cost in Paraguay
Spending runs from PYG 781,000 a month in the poorest fifth to PYG 7,380,000 in the richest
Per person, whole country
PYG 2,080,000
what a typical person spends in a month
Spending across the population
PYG 781,000richest 20%
PYG 7,380,000
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Key facts
The cost of living in Paraguay in numbers
The richest fifth spends 9.4× the poorest
Spending runs from PYG 781,000 a month in the poorest fifth to PYG 7,380,000 in the richest, which is #22 of 185 countries by that gap. A single national average hides a lot here.
Typical spending takes 69% of the average wage
A typical person spends PYG 2,080,000 a month while the average take-home wage is PYG 3,040,000, so 31% of an average wage sits above what a typical person spends.
How living costs in Paraguay compare
Neighbours, region and the world on the same monthly figure
What things cost here
How much the same goods and services cost in Paraguay against other countries
Cheaper than 73% of countries
Where Paraguay sits when every country is lined up from cheapest to most expensive
Pakistanmost expensive
Bermuda
middle
A basket of goods and services that costs PYG 6,150,000 at world-middle prices costs PYG 4,970,000 here.
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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What it costs to live in Paraguay
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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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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 standard of living in Paraguay?
By spending, Paraguay ranks #95 of 185 countries. A typical person spends about PYG 2,080,000 a month, the poorest 20% about PYG 781,000 and the richest 20% about PYG 7,380,000. The gap between them shows how unevenly people live.
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.
What currency is used in Paraguay?
Paraguay uses the Paraguayan Guarani (PYG). Amounts on this page are shown in it; the currency switcher converts them.
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Living in Paraguay
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