Italy vs Paraguay
Paraguay costs roughly 54% less than Italy, though Italy has significantly faster internet infrastructure. Use our tool below to personalize the estimate based on your income and lifestyle.
Paraguay is approximately 54% less expensive than Italy 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 Italy
Retirees with steady income fare better here than remote workers chasing savings. Rent outside the center runs $660.88/mo, cheap by European standards, but income tax climbing to 43% erodes any freelance upside fast. The Elective Residence Visa requires $2,895/mo in passive income, and citizenship stays complex even after years of residency.
$1,138/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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Country Details →Battle of Lifestyles
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| Metric | Italy | Paraguay |
|---|---|---|
| Travel Advisory | Level 2: Increased Caution | Level 1: Normal Precautions |
| Quality of Life Index | 151 +45.7 | 105.3 |
| Healthcare Index | 65.1 | 73.82 +8.7 |
| Safety Index | 53.1 +4.9 | 48.2 |
| Cost of Living Index | 51 | 33.1 +17.9 |
| Living Costs (Single, excl. rent) | $1,017.2 | $546.2 +471 |
| Living Costs (Family, excl. rent) | $3,632.9 | $2,032.8 +1,600.1 |
| 1BR Apartment (Center) | $845.17 | $453.32 +391.85 |
| 1BR Apartment (Outside) | $660.88 | $295.18 +365.7 |
| 3BR Apartment (Center) | $1,474.53 | $742.96 +731.57 |
| 3BR Apartment (Outside) | $1,091.27 | $502.36 +588.91 |
| Avg Internet Speed | 285.05 Mbps +107.2 | 177.86 Mbps |
Expat taxes filed by specialists
Greenback Expat Tax handles US taxes for Americans living in Paraguay. File confidently from abroad.
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Income thresholds, fees, processing time and residency paths for Italy and Paraguay, side by side.
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