Cost of living comparison
Paraguay is 64.8% cheaper than Iceland.
If you lived in Paraguay instead of Iceland, you would:
pay 76.4% less for restaurants
|
Iceland
|
Paraguay
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,699
|
$3.28
PYG25,602
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,357
|
$4.41
PYG34,356
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK391
|
$0.80
PYG6,244
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK281
|
$0.46
PYG3,616
|
|
pay 63.2% less for groceries
|
Iceland
|
Paraguay
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK411
|
$0.64
PYG4,976
|
|
| Local cheese (8 oz) |
$7.27
ISK1,011
|
$2.72
PYG21,170
|
|
| Milk (1 gallon) |
$6.01
ISK836
|
$3.00
PYG23,398
|
|
|
Eggs
1 dozen
|
$5.42
ISK754
|
$1.67
PYG13,021
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,184
|
$1.29
PYG10,042
|
|
| Apples (1 lb) |
$1.22
ISK170
|
$0.82
PYG6,421
|
|
| Bananas (1 lb) |
$1.03
ISK143
|
$0.32
PYG2,525
|
|
| Oranges (1 lb) |
$1.17
ISK163
|
$0.37
PYG2,906
|
|
| Tomatoes (1 lb) |
$1.87
ISK261
|
$0.64
PYG4,975
|
|
| Potatoes (1 lb) |
$1.23
ISK172
|
$0.42
PYG3,267
|
|
| Onions (1 lb) |
$0.78
ISK109
|
$0.40
PYG3,098
|
|
pay 61.3% less for transportation
|
Iceland
|
Paraguay
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,163
|
$3.51
PYG27,348
|
|
| Monthly public transit pass |
$71.28
ISK9,917
|
$25.43
PYG198,207
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,657,118
|
$14,874.44
PYG115,951,288
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,066
|
$8.90
PYG69,373
|
|
pay 73.0% less for housing
|
Iceland
|
Paraguay
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,042
|
$16.38
PYG127,697
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK255,726
|
$340.08
PYG2,651,023
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK208,385
|
$261.33
PYG2,037,131
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,072
|
$28.63
PYG223,206
|
|
pay 49.4% less for childcare
|
Iceland
|
Paraguay
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,918
|
$130.10
PYG1,014,161
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK833,944
|
$3,042.69
PYG23,718,811
|
|
pay 73.9% less for entertainment and sports
|
Iceland
|
Paraguay
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,278
|
$1.02
PYG7,928
|
|
| Cappuccino in mid-range area |
$4.65
ISK647
|
$1.65
PYG12,900
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,636
|
$1.06
PYG8,259
|
|
| Monthly membership at local gym |
$61.46
ISK8,551
|
$25.68
PYG200,189
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,996
|
$4.77
PYG37,164
|
|
pay 56.5% less for clothing
|
Iceland
|
Paraguay
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,476
|
$50.60
PYG394,433
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,305
|
$31.53
PYG245,777
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,591
|
$70.98
PYG553,329
|
|
| Men's business shoes (leather) |
$184.49
ISK25,669
|
$50.85
PYG396,415
|
|
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