MigrantoCost of living in Peru
What a month costs, how prices compare with other countries
Monthly cost in Peru
Spending runs from PEN 520 a month in the poorest fifth to PEN 4,300 in the richest
Per person, whole country
PEN 1,410
what a typical person spends in a month
Spending across the population
PEN 520richest 20%
PEN 4,300
Ask Migo
Tap a question — our AI assistant answers it in chat
Key facts
The cost of living in Peru in numbers
The richest fifth spends 8.3× the poorest
Spending runs from PEN 520 a month in the poorest fifth to PEN 4,300 in the richest, which is #37 of 185 countries by that gap. A single national average hides a lot here.
Typical spending takes 81% of the average wage
A typical person spends PEN 1,410 a month while the average take-home wage is PEN 1,750, so 19% of an average wage sits above what a typical person spends.
How living costs in Peru compare
Neighbours, region and the world on the same monthly figure
What things cost here
How much the same goods and services cost in Peru against other countries
More expensive than 53% of countries
Where Peru sits when every country is lined up from cheapest to most expensive
Pakistanmost expensive
Bermuda
middle
A basket of goods and services that costs PEN 3,400 at world-middle prices costs PEN 3,520 here.
Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth
Living-cost calculator
What it costs to live in Peru
Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Peru and how much you could have left each month
- What your lifestyle costs
- How much could be left each month
- How it compares with today
Cost of living in Peru
PEN 520/mo
vs PEN 2,720 in your country
Take-home
PEN 1,090
vs PEN 4,070 in your country
Potential savings
PEN 568
more than in your country
Standard of living
Under a minute, no sign-up
Frequently asked questions
What is the cost of living in Peru?
A typical person in Peru spends about PEN 1,410 a month — around PEN 17,000 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.
What is the standard of living in Peru?
By spending, Peru ranks #90 of 185 countries. A typical person spends about PEN 1,410 a month, the poorest 20% about PEN 520 and the richest 20% about PEN 4,300. The gap between them shows how unevenly people live.
What is the cost of living in Peru in US dollars?
The cost of living in Peru is about $416 a month, or roughly $4,992 a year per person.
How much money do you need to live comfortably in Peru?
It all depends on your standard of living. A modest budget runs about PEN 520 a month per person, a typical one around PEN 1,410, and a comfortable life around PEN 2,060. In big cities and for a family, costs are usually higher.
Is the average salary in Peru enough to live on?
In most cases yes, but without much of a cushion. Average spending is about PEN 1,410 a month, while the average take-home pay in Peru is about PEN 1,750. For more on incomes, see salaries in Peru.
Is Peru an expensive country to live in?
Somewhat. Peru is more expensive than 52% of countries worldwide and ranks 20th of 33 in Latin America by cost of living.
What currency is used in Peru?
Peru uses the Peruvian Sol (PEN). Amounts on this page are shown in it; the currency switcher converts them.
Where to live?
Score countries, regions and cities by what matters to you
Living in Peru
See the full country overview