32 Of The World’s Cheapest Cities To Live In
Asunción, Paraguay
Like many of the cheapest cities to live, old-world charm nestles side by side with modern high-rises. Presided over by the impressive López Palace, its seat of government, the city won’t cost a king’s ransom to live. Its overall cost of living is 64 percent lower than the Big Apple, with rents averaging 89 percent lower.Asunción is the capital city of Paraguay, bordered by the Paraguay River. It’s known for its grand López Palace, the seat of government housing the president’s offices. Nearby, the National Pantheon of Heroes has a mausoleum and plaques commemorating Paraguayan historical figures. The Independence House Museum is marked by its colonial architecture and features artifacts documenting emancipation from Spanish rule.
