Average and Minimum Salary in Asuncion, Paraguay

Average and minimum salary in Asuncion, Paraguay: discover economic data about this South American nation

Are you considering investing or working in Paraguay? Check below the latest date for the average and minimum salary in Asuncion, the capital and largest city of Paraguay.

Minimum Salary in Asuncion

Asuncion, Paraguay Photo by alobos LifeWe will have a brief look on both average and minimum salary in Asuncion, Paraguay. This post also contains other interesting figures and data connected to Asuncion. This can be especially useful if you are planning to travel or move to Paraguay, or South America in General.

Minimum Salary in Asuncion, Paraguay

As of 2021, the minimum salary in Paraguay, that also applies to Asunción is G. 2.192.839 Paraguayan guaranis, which equals to 340USD (gross salary). The data is available in Spanish here.

Asuncion is one of the most affordable cities in South America. It can be an excellent option if you are a digital nomad or if you want to learn Spanish on the cheap.

Average Salary in Asunción

The average net salary of Asunción is roughly 400 USD as of 2021.

This figure may not see great at all, but it’s relevant to point out that the cost of living in Asunción is remarkably cheaper than in Buenos Aires, Argentina. The Argentinian capital that tops the ranking of higher minimum salaries of Latin America.

Asunción Economic Outlook

Asunción is both the capital and largest city of Paraguay and houses the national government, the principal port, and the chief industrial and cultural center of the country. It has achieved strong economic growth in recent years, and almost half of employees belong to the private sector.

All these data, along with the cheap cost of living brings us some important insights. It demonstrates that if you work approximately two years living outside the center and save some money in the meantime, you shouldn’t have any trouble buying an apartment in the center. The prices per square meter is roughly 641 USD in the Paraguayan capital.

Interesting Resources for Working and Living Abroad

Are you really considering to work and live abroad, temporarily or permanently? Below are some resources that might be useful for you around the web:

World Nomads: this company provides travel insurance in most countries around the world, and it might be a good option if you going for a long travel.

TransferWise: A great way to send money abroad paying lower fees.

Booking.com:Booking.com is the best choice for finding accommodation for your next trip, with a wide variety of choices for all types of travelers.

You may also want to check our website guides:

Train Travel Guide: in our railway travel guide, you will learn how to choose and ride the most scenic train routes around the world, always in the most comfortable way with optimal prices to enhance your travel experience.

Dating Guide: our dating guide will help you not only to find love but to understand the social customs of each country. It will also help you to avoid dating scams around the internet and find people really interested in honest relationships.

Work Abroad Guide: Learn how to find a job and employment requirements in different countries. From the initial job search, to bargaining salaries, this guide will help you to find job in most countries around the world.  It also covers about remote work and TEFL jobs.