Moving to Paraguay from Iceland
What to Expect
Everything you need to know before relocating from Iceland to Paraguay — costs, safety, healthcare, and practical first steps.
If you moved from Iceland to Paraguay, you would find that Paraguay is 71.2% cheaper than Iceland overall. A ISK9,423,000 salary in Iceland would need to be roughly PYG110,835,233 in Paraguay to maintain the same lifestyle, and you’d need to navigate life in Guaraní and Spanish. Expect a noticeable climate shift — Asuncion averages 83°F vs 45°F in Reykjavik, making it significantly warmer.
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What to expect for your wallet after moving from Iceland to Paraguay.
What does your salary buy?
ISK9,423,000 → PYG110,835,233
To maintain the same standard of living in Paraguay
Calculate with your salary →Where you'll feel the difference day-to-day
Restaurants
pay 79.0% less
Groceries
pay 66.1% less
Transportation
pay 66.6% less
Housing
pay 76.7% less
Childcare
pay 77.2% less
Entertainment and Sports
pay 76.0% less
Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.
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Key Indicator Comparison
Key indicators for anyone considering a move from Iceland to Paraguay.
Is it safe?
per 100,000 people per year
of residents who feel safe walking alone at night
per 100,000 people per year
Iceland performs better than Paraguay across all safety metrics.
How's the healthcare?
annual government + private spending per person
affects wait times and access to care
WHO index from 0–100 measuring essential service access
share of adults with obesity
per 100,000 people — a proxy for mental health support
Paraguay generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people.
What about the environment?
deaths attributable to air pollution per 100k people
tonnes of CO₂ emitted per person per year
Iceland generally does better on environment, though Paraguay leads in co₂ emissions per capita.
Will I have good infrastructure?
fixed broadband subscriptions — key for remote work
higher means greater strain on freshwater supply
annual consumption — reflects grid capacity
share of households with internet
Iceland performs better than Paraguay across all infrastructure metrics.
What are the job prospects?
percentage of the labour force without work
a broad measure of economic output per person
share of people below the poverty line
Iceland performs better than Paraguay across all employment & economy metrics.
Is it good for families?
average years of life at birth
deaths per 1,000 live births — lower is better
government spending on education as % of GDP
Iceland performs better than Paraguay across all family life metrics.
Data: The World Factbook, United Nations SDG Indicators, World Bank
What's the Climate Like?
Monthly averages — select a city to compare.
Avg. annual high / low
Avg. annual high / low
| Months | Reykjavik | Asuncion |
|---|---|---|
| Jan–Mar | 37°/28°F (3°/-2°C) | 91°/72°F (33°/22°C) |
| Apr–Jun | 48°/38°F (9°/4°C) | 78°/61°F (26°/16°C) |
| Jul–Sep | 54°/45°F (12°/7°C) | 77°/58°F (25°/14°C) |
| Oct–Dec | 39°/31°F (4°/-1°C) | 87°/68°F (31°/20°C) |
View all months
| Month | Reykjavik | Asuncion |
|---|---|---|
| Jan | 35°/27°F (1.9°/-3.0°C) | 92°/73°F (33.5°/22.8°C) |
| Feb | 37°/28°F (2.8°/-2.1°C) | 91°/72°F (32.6°/22.3°C) |
| Mar | 38°/28°F (3.2°/-2.0°C) | 89°/70°F (31.6°/21.3°C) |
| Apr | 42°/33°F (5.7°/0.4°C) | 83°/65°F (28.4°/18.6°C) |
| May | 49°/38°F (9.4°/3.6°C) | 77°/60°F (25.0°/15.7°C) |
| Jun | 53°/44°F (11.7°/6.7°C) | 74°/57°F (23.1°/13.8°C) |
| Jul | 56°/47°F (13.3°/8.3°C) | 74°/56°F (23.2°/13.1°C) |
| Aug | 55°/46°F (13.0°/7.9°C) | 77°/58°F (24.8°/14.3°C) |
| Sep | 50°/41°F (10.1°/5.0°C) | 80°/61°F (26.4°/15.9°C) |
| Oct | 44°/36°F (6.8°/2.2°C) | 85°/65°F (29.2°/18.6°C) |
| Nov | 38°/30°F (3.4°/-1.3°C) | 87°/68°F (30.7°/20.1°C) |
| Dec | 36°/27°F (2.2°/-2.8°C) | 90°/71°F (32.3°/21.8°C) |
Data:
Icelandic Meteorological Office,
Dirección de Meteorología e Hidrología (DMH)
Visitor Visa Requirements
Short-stay tourist visa rules between Iceland and Paraguay. To live, work, or study long-term in Paraguay, you'll need a separate residence or work visa — check Paraguay's immigration authority.
Iceland passport holder visiting Paraguay
Visa Free
Paraguay passport holder visiting Iceland
Visa FreeData: Henley Passport Index. Check with the destination country's embassy for the most current requirements.
Frequently Asked Questions
Is it cheaper to live in Paraguay than Iceland?
Yes — Paraguay is on average about 76% cheaper than Iceland. City-level variation can be significant.
How much money do I need to move to Paraguay?
Plan for at least 3 months of living expenses — roughly PYG27,708,808 in Paraguay on a ISK9,423,000 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).
Can I work remotely from Paraguay?
Internet is rarely the blocker — Paraguay has 10.9 fixed broadband subscriptions per 100 people. The real questions are legal: digital nomad visa eligibility, your employer's overseas-work policy, and tax residency in both countries.
Is Paraguay safe for expats?
Iceland performs better than Paraguay across all safety metrics. The homicide rate in Paraguay is 7.0 per 100,000 people, compared to 1.1 in Iceland. About 43% of people in Paraguay feel safe walking alone at night.
How is healthcare in Paraguay compared to Iceland?
Paraguay generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people. There are 38.8 doctors per 10,000 people in Paraguay, compared to 45.2 in Iceland. Paraguay scores 72 on the WHO universal health coverage index (Iceland: 89).
What's the weather like in Paraguay compared to Iceland?
The average high temperature in Asuncion is 83°F, compared to 45°F in Reykjavik. Asuncion receives around 55.2 in of rainfall per year, while Reykjavik gets 31.4 in.
What language do they speak in Paraguay?
The official languages in Paraguay are Guaraní and Spanish. In Iceland, the official language is Icelandic.