Asuncion is the capital and largest city of Paraguay. Asuncion is the home of the national government, principal port, and the chief industrial and cultural centre of the country. Local manufacturing production includes footwear, textiles, and tobacco products. Paraguay is in Central South America, northeast of Argentina. The climate is subtropical to temperate with substantial rainfall in the eastern portions, becoming semi arid in the far west. The official languages are Guaraní and Spanish. English is spoken in business circles but some knowledge of Spanish will be appreciated as the latter is the common language in most private and public offices. The main religion is Christianity. Paraguay has a market economy characterized by a large informal sector. Agriculture dominates the economy, but unequal land distribution has resulted in a large class of peasant farm labourers. A large portion of the population is uninvolved in the formal economy, instead existing as subsistence farmers. Paraguayans are almost always friendly and courteous to expatriates. Expatriate business dress is typically a suits for both men and women. The security risk for expatriates in Paraguay is low, but medium in the border areas. Risks include petty crime (in tourist areas), armed robbery, car theft, assault, rape, home invasion, and kidnapping. The currency of Paraguay is the Paraguay Guarani (PYG). ATMs are available. Travellers’ cheques are not widely accepted. Private medical facilities are generally good in the major cities, but elsewhere may not meet acceptable international standards. Up front payment is often required for treatment. Cases of Zika virus have been reported. There are regular outbreaks of dengue fever. The population of Asuncion is 2.2 Million (Metro) (2019 est.), while the inflation rate (CPI) is 2.4% for Paraguay as at October 2019. Xpatulator Hypothetical Tax for Paraguay is based on the current personal income tax rate which is a flat rate of 10%.
Cost Of Living
The cost of living for expatriates / professional migrants in We have collected prices for the same items, world wide, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Asuncion is as follows: Asuncion as at 1 October 2019 is low in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1000 in New York costs USD$480 2) Clothing: for items such as business, casual and children's clothing and footwear. A basket costing USD$1000 in New York costs USD$710 3) Communication: for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$174 4) Education: for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30000 in New York costs USD$21900 5) Furniture & Appliances: for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2500 in New York costs USD$1750 6) Groceries: for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1000 in New York costs USD$450 7) Healthcare: for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1000 in New York costs USD$550 8) Household Accommodation: for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5000 in New York costs USD$3200 9) Miscellaneous: for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$365 10) Personal Care: for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$230 11) Recreation & Culture: for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$285 12) Restaurants Meals Out and Hotels: for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1000 in New York costs USD$410 13) Transport: for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1000 in New York costs USD$670 Asuncion is -30.4% cheaper than Houston TX for groceries, 49.9% more expensive for household costs than Kuala Lumpur, and 13.4% more expensive for transport costs than Dubai. The hardship premium for Asuncion for an expat from Perth, is for example 10%, i.e. host location (Asuncion) premium of 20% minus home (Perth) location premium of 10%. Asuncion is ranked as a some hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Asuncion? Register subscribe to your home location and Asuncion and run your personalised reports.