Asunción, AS, Paraguay
Paraguay's capital and largest city, a riverside metropolis with a blend of colonial history and modern development.
Above Average vs Paraguay Avg (100)
Above Average
Household income
Job market health
Asunción vs Paraguay Average
Taxes
- Income Tax: 10.0%
- VAT: 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
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 | Gs150000 | Based on ~250 kWh/month typical Paraguayan household usage |
| Heating & Cooling | N/A | Estimated based on local climate. electric or gas heating |
| Cooling (AC) | Gs5 | Estimated based on local climate and electricity rates |
| Water | Gs50000 | Includes sewer |
| Internet (100+ Mbps) | Gs100000 | Broadband average |
| Garbage / Trash | Gs30000 | Private service |
| Total Utilities | Gs330005 | Monthly estimate (including heating & cooling) |
Data sources: ANDE, ESSAP, COPACO 2025
Best Neighborhoods
Downtown Asunción
The heart of the city with restaurants, shops, and entertainment. Average rent: Gs3,600,000/mo.
Asunción Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: Gs3,300,000/mo.
East Asunción
Up-and-coming neighborhood with new developments and young professionals. Average rent: Gs2,700,000/mo.
West Asunción
Family-friendly area with parks and good schools. Average rent: Gs2,850,000/mo.
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" |
Taxes
- Income Tax: 10%
- VAT: 10%
- Property Tax: ~1.2% 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
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, AS, 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: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.