Asunción, Paraguay
Paraguay's capital and largest city, a riverside metropolis with a blend of colonial history and modern development.
Overview
Asunción is a city in AS with a population of 1,500,000. Paraguay’s capital and largest city, a riverside metropolis with a blend of colonial history and modern development. Housing costs are close to the national average. Gardening thrives here — the 7a growing zone supports Mild — wide variety of vegetables, many fruit trees. The population skews young, with a median age of 27.0.
Last updated: August 30, 2026
Above Average vs Paraguay Avg (100)
Above Average
Household income
Job market health
Asunción vs Paraguay Average
Taxes
- State Income Tax: 10.0%
- Sales Tax: 10.0%
Economy & Jobs
- Median Income: Gs60,000,000
- Unemployment: 6.5%
- Population: 1,500,000
Climate
- Sunny Days: 200/year
- Summer High: 88°F
- Winter Low: 64°F
- Farming Zone: USDA Zone 7a
Housing
- Median Home: Gs500,000,000
- 1BR Rent: Gs3000000/mo
Cost of Living
Asunción's cost of living index is 105 (Paraguay average = 100).
| Category | Asunción | National Average | Difference |
|---|---|---|---|
| Overall | 105 | 100 | +5.0% |
| Housing | 125 | 100 | +25.0% |
Data source: DGEEC / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | Gs500,000,000 |
| Median Rent (1BR) | Gs3000000/mo |
| Median Rent (2BR) | Gs3,750,000/mo |
| Price per Sq Ft | Gs333,333 |
Data source: Encuentra24 / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Asunción:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | Gs25 | |
| Heating & Cooling | N/A | Estimated based on local climate. |
| Cooling (AC) | Gs5 | Estimated based on local climate and electricity rates |
| Water | Gs15 | Includes sewer |
| Internet (100+ Mbps) | Gs30 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | Gs75 | Monthly estimate (including heating & cooling) |
Data sources: ANDE, ESSAP, COPACO 2025
Remote Work Score
Asunción scores —/100 for remote work readiness:
Climate
Asunción has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 84°F | 64°F | 2.5" |
| April | 73°F | 79°F | 2.8" |
| July | 88°F | 63°F | 1.5" |
| October | 68°F | 82°F | 2.2" |
Mild — wide variety of vegetables, many fruit trees
Natural Hazards
Asunción faces the following natural hazards:
Extreme summer heat.
River flooding.
Periodic drought conditions.
Paraguay experiences tornadoes.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 10%
- Sales Tax: 10%
- Property Tax: ~0.3% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 6.5%.
Crime & Safety
Crime rates in Asunción per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: UN Office on Drugs and Crime
Schools & Education
Academic Schedule
Many schools operate in shifts.
Universities & Higher Education
Data source: Center for World University Rankings (CWUR) & World Universities Database
Demographics
The population of Asunción is diverse. The figures below show the ethnic, educational, and religious composition of the local population.
Ethnicity
Education
Religion
City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.
Data source: DGEEC Census (2012)
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Asunción, Paraguay?
The cost of living index in Asunción is 105, which is Higher the Paraguay national average of 100.
How much does it cost to buy a home in Asunción?
The median home price in Asunción is Gs500,000,000. The housing index is 125.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Asunción is approximately Gs3000000/mo.
Does Asunción, AS have income tax?
Asunción is in AS, which has an income tax rate of 10%.
What is the climate like in Asunción?
Asunción enjoys approximately 200 sunny days per year. Summer highs reach around 88°F, while winter lows can drop to around 64°F.
Data Sources
- Cost of Living: DGEEC / Numbeo, 2026
- Housing Data: Encuentra24 / Numbeo, 2026
- Income & Employment: DGEEC Labour Force Survey, 2024
- Utilities ANDE, ESSAP, COPACO 2025
Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.