Chile vs Paraguay
Paraguay costs roughly 6% less than Chile, though Chile has significantly faster internet infrastructure. Use our tool below to personalize the estimate based on your income and lifestyle.
Paraguay is approximately 6% less expensive than Chile based on cost of living including rent. This makes Paraguay a more budget-friendly option for expats considering a move.
Paraguay has a FIRE Score of 100/100, indicating its suitability for financial independence and early retirement. The country's safety index is 48.2, suggesting moderate safety levels.
Recommended profile: Paraguay is ideal for GeoArbitragers and remote workers looking to maximize savings.
About Chile
Safety is a real concern here, with a 39.5 safety index. Retirees on fixed incomes should look past that given the low bar for entry: just $1,000/mo qualifies for the Rentista visa, and a 1BR outside the center runs $370.82/mo. A digital nomad visa exists, so remote workers face more friction than retirees.
$1,856/mo
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About Paraguay
A one-bedroom near downtown Asuncion runs $453 a month, less than parking in most US metros. Pair that with a 10% top personal income tax and $1,300 pensionado income requirement, and the math works for retirees on Social Security alone. But safety sits at 48.2 and English is scarce, so this only pays off if you commit to learning Spanish or Guarani and accept a small expat safety net.
$2,000/mo
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Living Costs (excl. rent)
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Country Details →Battle of Lifestyles
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| Metric | Chile | Paraguay |
|---|---|---|
| Travel Advisory | Level 2: Increased Caution | Level 1: Normal Precautions |
| Quality of Life Index | 107.3 +2.0 | 105.3 |
| Healthcare Index | 63.5 | 73.82 +10.3 |
| Safety Index | 39.5 | 48.2 +8.7 |
| Cost of Living Index | 35.1 | 33.1 +2.0 |
| Living Costs (Single, excl. rent) | $670.1 | $546.2 +123.9 |
| Living Costs (Family, excl. rent) | $2,426.1 | $2,032.8 +393.3 |
| 1BR Apartment (Center) | $474.28 | $453.32 +20.96 |
| 1BR Apartment (Outside) | $370.82 | $295.18 +75.64 |
| 3BR Apartment (Center) | $838.73 | $742.96 +95.77 |
| 3BR Apartment (Outside) | $652.55 | $502.36 +150.19 |
| Avg Internet Speed | 469.69 Mbps +291.8 | 177.86 Mbps |
Expat taxes filed by specialists
Greenback Expat Tax handles US taxes for Americans living in Paraguay. File confidently from abroad.
File your taxes →International health insurance from $45/mo
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