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Cost of living in Peru

Average monthly spending, by standard of living and against other countries

#20 priciest in Latin America

Monthly cost

PEN 1,410

what a typical person spends

Spending by standard of living

poorest 20%
PEN 520
richest 20%
PEN 4,300

Peru feeds itself well, and you feel it in what daily life costs. Cheap, plentiful local food and low-cost labor keep the everyday within reach, even if the capital plays by its own pricier rules. The harder truth is the spread — in Peru the distance between getting by and living comfortably is about as wide as it gets.

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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

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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

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How living costs in Peru compare

Among its neighbors Peru sits right in the middle, and on the world stage it holds that same middle ground. It's dearer than the globe's cheapest countries but a long way from its most expensive — a steady, in-between cost that suits a country this big and this varied, asking for a real budget without ever feeling extravagant.

monthly spend · % vs Peru
1Chile
PEN 2,430+72%
2Panama
PEN 1,820+29%
3Peru
PEN 1,410
4Brazil
PEN 1,410+0%
5Colombia
PEN 1,190-16%
6Ecuador
PEN 968-31%
7Bolivia
PEN 927-34%

Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth

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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 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.

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Living in Peru

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