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Cyprus vs Paraguay

Single · Comfortable · $3,000/mo

ParaguayOverall winner

Paraguay is approximately 74% less expensive than Cyprus 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.

Side by side

Best in row

Nicosia

Cyprus

Reconsider Travel
Overall45.4

Asunción

Paraguay

Normal Precautions
Overall64.7
Cost
Cost of living index
57.6
Best in row. 33.1
Living costs, single, excluding rent
$981/mo
Best in row. $546/mo
Living costs, family, excluding rent
$3,510/mo
Best in row. $2,033/mo
Total monthly, rent included
$1,943/mo
Best in row. $1,000/mo
Monthly savings
$1,057/mo
Best in row. $2,000/mo
Housing
1BR, city centre
$962
Best in row. $453
1BR, outside centre
$803
Best in row. $295
3BR, city centre
$1,956
Best in row. $743
3BR, outside centre
$1,593
Best in row. $502
Scores
FIRE score
43/100
Best in row. 100/100
Nomad score
60/100
Best in row. 76/100
Retiree score
47/100
Best in row. 65/100
Overall score
45/100
Best in row. 65/100
Rights & inclusion
Same-sex relations
Not criminalized
Not criminalized
LGBTQ+ legal protection score
Best in row. 55.3
38.5
Attitudes
Best in row. 36
31
Women's inclusion*
Best in row. 77
76.8
Tax
Ballpark effective rate on $80,000
21.0%
Best in row. 6.0%
Top income tax rate
35.0%
Best in row. 10.0%
Capital gains tax rate
20.0%
Best in row. 8.0%
Dividend tax rate
Best in row. 5.0%
15.0%
Safety & quality of life
Travel advisory
Reconsider Travel
Normal Precautions
Safety index
Best in row. 66.4
48.2
Healthcare index
56.6
Best in row. 73.8
Quality of life index
-
-
Average internet speed
151 Mbps
Best in row. 162 Mbps

Country-level averages. N/A or Not enough data means no figure is published for that country. * Women's inclusion scores are unverified.

About these countries

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.

Frequently Asked Questions

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