The cost of living in Paraguay is generally considered moderate compared to other countries. Essentials like food and housing are reasonably priced, making it an affordable place for many residents and expatriates.

Paraguay has a predominantly tropical climate with a rainy season and a dry season. Temperatures can vary significantly between summer and winter, with hot summers often reaching above 35°C (95°F) and cooler winters averaging around 17°C (63°F). The Chaco region is known for its extreme temperatures, while the Eastern region has more moderate and humid conditions.

The educational system in Paraguay is structured into three main levels: pre-primary, primary, and secondary education. Pre-primary education is optional and caters to children aged 4 to 5. Primary education is compulsory and lasts for six years, typically for children aged 6 to 12. Secondary education is also compulsory and is divided into two cycles: the first three years (Basic Cycle) and the last three years (Diversified Cycle), for a total of six years. Students usually start school at the age of six and graduate from secondary school at the age of 18. The Paraguayan educational system has faced challenges, including access to quality education and infrastructure disparities. However, the government has been working on reforms to improve the quality and inclusivity of education. Public schools are free, and there are also private and bilingual schools offering different curricula, including international baccalaureate programs. The language of instruction is predominantly Spanish, with Guarani also used, especially in the early years of schooling. For families moving to Paraguay, it is important to note that the quality of education can vary significantly between urban and rural areas.

Paraguay's healthcare system consists of both public and private sectors. The public sector is managed by the Ministry of Public Health and Social Welfare and provides services to the majority of the population, especially those who cannot afford private healthcare. However, public healthcare facilities often face challenges such as limited resources, understaffing, and overcrowding. In contrast, private healthcare in Paraguay offers higher quality services with more modern facilities and equipment, but at a higher cost. Expats and digital nomads can access public healthcare by contributing to the local social security system, known as Instituto de Previsión Social (IPS), which requires formal employment in the country. Alternatively, they can opt for private health insurance or pay out-of-pocket for private healthcare services.