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.

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.

The post Average and Minimum Salary in Asuncion, Paraguay appeared first on Check in Price.

Considering investing or working in Moldova? This posts brings up to date information on the average and minimum salary in Chisinau, Moldova (2019).

Chisinau Moldova – Photo by Hans Põldoja

The minimum and average salary in Moldova are great data to analyze the country’s economy. Below we will check the current data for wages in the country, and Moldova’s economic outlook.

One of the best ways to access costs in a country is taking the figures for minimum salaries, average salaries, analyzing its difference and their correlation with the purchasing power in the country.

In the case of Chisinau, the capital of Moldova, the recent turbulent socioeconomic past of this young country has influenced its finance and the financial possibilities of its people. Since Moldova got independent from Soviet Union in 1991, the country has struggled to position itself economically in an Europe polarized by Russia in one side, and the European Union in another.

Let’s see how these facts have affected the present reality of salaries in Moldova.

Minimum Salary in Chisinau, Moldova

Moldova is currently the poorest country in Europe, and it shows. As of 2020, Moldova has a minimum salary of 2610 Moldovan lei in the private sector. That is roughly equivalent of slightly more than 152 dollars. You can check the source for this data here.

With a salary which is extremely marginal, even for Moldovan prices, the number of citizens of Moldova who emigrate to countries like Romania, Italy and Russia is rampant, as virtually any job in this location will bring a better perspective than living on minimum wage in Moldova.

Average Salary in Chisinau, Moldova

The average salary in Chisinau is not that exciting either. According to Moldovan National Bureau of Statistics, the average brutto salary in Moldova is 7385 Moldovan lei, or roughly $422. According to salarii.md, the average salary after tax in Moldova is 5816 MDL, or roughly $332.

That is quite bad for residents of Chisinau, considering the cost of living in Moldova. Utilities for example, are not that much cheaper than countries in the region with higher salaries, like Romania and Ukraine.

Moldova Economic Outlook

Despite its quite poor economic outlook, Moldova does offer opportunities for foreigners. It is considerably easier to get a residence permit in Moldova than in its neighbor Romania. That includes both permits related to employment, running your own business or other reasons.

However, the country has still not manage to become attractive in the international scenario. For that reason, Moldova continues as a country with a strong negative net migration rate.

Daily Travel Budget in Chisinau, Moldova

For foreign tourists, the low income and purchase power in Moldova translates into opportunities. If you are visiting or investing in Moldova, your money will definitely go further here than in its neighbors. Dorm beds start at around 6 € and private rooms (for 2 persons) start at around 15-20 €. Prices are seasonal and may vary greatly.

An inexpensive meal at a local restaurant can be found at around 3 €, and a dinner for two in an average restaurant can cost around 10 €.

If you are looking for accommodation, you can check the options available in Chisinau on Booking.com

Economic Outlook in Moldova

The economic outlook in Moldova remains rather modest, as it is still suffering from domestic and regional problems. It is definitely the right time to visit Moldova, as prices remain relatively low and demand is stable.

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: this 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.

The post Minimum and Average Salary in Chisinau, Moldova appeared first on Check in Price.

Considering investing or living in Bolivia? Check below the up to date data for the average and minimum salary in La Paz, the capital of this South American country.

Nuestra Señora de la Paz, commonly known as La Paz, is the third most populated city of Bolivia. Its unique elevation with points as high as 4,100 meters make this city surpass the capital of the country, Sucre, and its largest city, Santa Cruz de la Sierra, in terms of population.

It also houses a number of religious festivals surrounded by a notable culture and an improved economy. Bolivia is however often neglected by tourists and investors. In this post we will analyze its salaries and costs, for those who are interested in the country.

Minimum Salary in La Paz

La Paz government offers its inhabitants a minimum salary of 2060 BOB (292 USD, approximately). Bolivia is currently the country with the highest real minimum salary growth in South America. More information here (in Spanish).

Average Salary in La Paz

According to Numbeo, the average salary perceived by La Paz inhabitants is 415 USD, which is slightly higher than Asunción, Paraguay, its “rival” and southern neighbor.

The cost of living of this demographically heterogeneous city is proportional to its average salary: if you rent a house with one bedroom in the center of the city, you need to pay out 253 USD, so saving money is rather easy, if your salary is above the average

Bolivia Economic Outlook

La Paz, being the capital of Bolivia, has a much better economic situation than the rest of the country. Bolivia GDP per capita is considerably lower than other wealthier nations in South America.

That explains a constantly flux of Bolivians to other countries like Chile, Brazil, Argentina and Spain. That doesn’t mean that Bolivia doesn’t offer interesting opportunities. For those working for multinationals or earning money online, Bolivia can be a great place to save money and live very comfortably.

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.

The post Average and Minimum Salary in La Paz, Bolivia appeared first on Check in Price.

Considering moving or investing in Argetina? Check below the data for the average and minimum salary in Buenos Aires, Argentina.

Ready to go to Argentina? Let’s take a look into the local economy of Buenos Aires, the country’s capital, and one of the richest cities in South America.

Argentina is awesome. Its unique culture and landscapes, the delightful tangos, its multiculturalism, and the delicious accent of its inhabitants attract thousands of tourists every year.

Today’s post will concentrate on topics related to the economy of this capital, analyzing not only Buenos Aires, but also Argentina as a whole.

Minimum Salary in Buenos Aires

The minimum salary in Buenos Aires, Argentina is 12500 ARS as of June 2019, which equals to roughly 324USD. Established by the government in June, 2019, the figure is applicable to the whole country as well.

Currently, a few more countries in South America have a minimum salary higher than Argentina, as its the case in Chile.

Average Salary in Buenos Aires

According to Numbeo, the average monthly salary is roughly 550 USD. This figure is significantly high in comparison to Quito, the capital of Ecuador, whose average salary is 496 USD.

Also, the cost of living in Buenos Aires is proportional to the income it offers: the rent of an apartment with one bedroom in the center costs 444 USD.  Due to the number of tourists, the costs of entertainment in Buenos Aires are quite high.

Buenos Aires Economic Outlook

Argentina is the third largest economy of Latin America and the second largest in South America. It benefits from rich natural resources, a diversified industrial base, and an export-oriented agricultural sector.

However, Buenos Aires has gone through a major economic crisis recently. Even if the economy is showing signs of improvement, job openings remain very limited for foreigners.

Córdoba, the second most populated city of Argentina, serves as an interesting alternative offering similar salaries, cheaper rents, and more affordable restaurants and markets.

All in all, Argentina keeps itself among the countries of South America with the highest standards of living. Buenos Aires is also one of the most international cities in the continent. That is still the case even if the country has been suffering with consecutive crisis during the current decade.

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.

The post Average and Minimum Salary in Buenos Aires, Argentina appeared first on Check in Price.