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    Cost Of Living In Paraguay

    One Of The Cheapest Options In Latin America

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        Aerial Drone Fly Above Asuncion City. cost of living in Paraguay
        AdobeStock/Michele

        One Of The Cheapest Options In Latin America

        The cost of living in Paraguay is extremely low, although rising fast. It’s a country where ethnic Europeans and the indigenous population live in harmony.

        It is the only South American country where the local indigenous language, for example, is still widely used and respected. It is also the only South American country with no taxes on foreign income.

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        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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            Also considered one of the most profitable destinations to live in Latin America, and this has to do with its cost of living.

            Product prices, studies remark, are among the lowest in the region, as pointed by the national press. Analysts considered that basic provisions go as low as 30% less that other countries on the continent.

            The food is among the cheapest for Latin America. These include lowest prices for meat, bread, rice, eggs, fruit, and others.

            Other costs like electricity, gas, and water are reported to be the same cost as even Europe. This due to Paraguay being a landlocked country with limited energy resources.

            Many expats report that the average life for an immigrant can be very affordable. Ranges go from a mere 500$ (around 3 million Paraguayan Guaraní) to 800$ (around 4.5M PYG) for a single person. 

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              Reviewed By Kathleen Peddicord

              Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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                Cost Of Living In Paraguay - FAQ's

                The average cost of living in Paraguay is 64.6% less than in the United States, and rent is about 79.1% cheaper there as well.

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