Reykjavik is 2.9 times more expensive than Asuncion.

If you lived in Reykjavik instead of Asuncion, you would:

Display currency: USD

pay 3.7 times more for restaurants

 
Asuncion
Reykjavik
Basic meal with drink at inexpensive restaurant $4.66
PYG35,176
$21.59
ISK2,996
Fast food combo meal
McDonalds, or similar
$4.66
PYG35,176
$17.27
ISK2,397
Bottle of Coca-Cola (11 fl. oz) $1.08
PYG8,152
$2.90
ISK403

Improve prices ·

pay 3.0 times more for groceries

 
Asuncion
Reykjavik
Bread
1 loaf
$0.71
PYG5,334
$3.68
ISK511
Local cheese (8 oz) $2.99
PYG22,557
$7.66
ISK1,063
Milk (1 gallon) $3.27
PYG24,633
$6.16
ISK855

Improve prices ·

pay 2.5 times more for transportation

 
Asuncion
Reykjavik
Gasoline (1 gallon) $3.96
PYG29,895
$8.57
ISK1,190
Monthly public transit pass $22.39
PYG168,843
$66.92
ISK9,287
New Volkswagen Golf 1.4 (standard edition) $14,660.35
PYG110,551,855
$41,660.67
ISK5,781,668

Improve prices ·

pay 3.6 times more for housing

 
Asuncion
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$18.79
PYG141,707
$68.45
ISK9,499
1-Bedroom apartment in downtown area $439.81
PYG3,316,556
$1,864.13
ISK258,704
1-Bedroom apartment outside city center $343.19
PYG2,587,918
$1,666.20
ISK231,235

Improve prices ·

pay 48.1% more for childcare

 
Asuncion
Reykjavik
Private preschool for 1 child, monthly $199.91
PYG1,507,525
$240.37
ISK33,358
Middle school for 1 child, two semesters $3,398.54
PYG25,627,930
$5,984.07
ISK830,470

Improve prices ·

pay 4.3 times more for entertainment and sports

 
Asuncion
Reykjavik
Domestic/local beer (1 pint) $1.33
PYG10,050
$10.79
ISK1,498
Cappuccino in mid-range area $2.19
PYG16,533
$5.09
ISK706
Pack of cigarettes
Marlboro or similar
$1.87
PYG14,070
$11.87
ISK1,648

Improve prices ·

pay 99.1% more for clothing

 
Asuncion
Reykjavik
Regular jeans
Levi's brand
$57.31
PYG432,157
$103.94
ISK14,425
Regular dress
from H&M or similar store
$27.99
PYG211,054
$43.50
ISK6,036
Running shoes
Nike or Adidas
$68.72
PYG518,244
$141.47
ISK19,634

Improve prices ·
The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: July 2024
Share this

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Reykjavik or Asuncion. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.

Compare countries by overall cost of living

See the cost of living in Paraguay vs. Iceland. This provides a comparison of the average cost of living from cities within Paraguay and Iceland.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more