Relative to other countries in Latin America, the cost of living in Peru is average. Living in the city, particularly in Lima, is more expensive than in rural areas, and the range of services and quality of produce also varies depending on the region.
According to Mercer's 2020 Cost of Living report, Lima is ranked 112th out of 209 cities, making it a mid-range city in terms of the cost of living for expats.
Cost of accommodation in Peru
The cost of accommodation in Peru is variable, with apartments being more expensive in the larger cities. Lima has the most expensive accommodation, particularly in areas such as Miraflores, Barranco and San Isidro.
Accommodation is likely to be an expat’s greatest expense when living in Peru. If moving there as part of a corporate relocation, it’s a good idea to factor accommodation costs into any contract negotiations.
Cost of education in Peru
Public schools in Peru are free, but education at a private or international school is expensive. Those expats who'd like to send their children to an international school in Peru should factor this significant expense into their budget, and if moving to the country as part of a corporate relocation package, they should make provisions for this in their contract.
Cost of food in Peru
Food is relatively well priced in Peru. Food at local fresh produce markets is generally cheaper than in supermarkets and it’s often possible to bargain on the prices. However, the quality of products may vary.
Cost of transport in Peru
The cost of transport in Peru is quite low and it’s relatively cheap to travel around the country using public transport. The running costs of a vehicle can be expensive owing to high import costs.
Cost of living in Peru chart
Prices may vary depending on product and service provider. The list below shows average prices for Lima in September 2020.
|
Accommodation (monthly rent) |
|
|
One-bedroom apartment in city centre |
PEN 1,830 |
|
One-bedroom apartment outside city centre |
PEN 1,160 |
|
Three-bedroom apartment in city centre |
PEN 3,240 |
|
Three-bedroom apartment outside city centre |
PEN 2,190 |
|
Food and drink |
|
|
Milk (1 litre) |
PEN 4.40 |
|
Eggs (dozen) |
PEN 5.95 |
|
Loaf of bread (white) |
PEN 5.83 |
|
Rice (1kg) |
PEN 3.63 |
|
Chicken breasts (1kg) |
PEN 17 |
|
Pack of cigarettes (Marlboro) |
PEN 17.75 |
|
Utilities |
|
|
Monthly internet (uncapped ADSL or cable) |
PEN 117 |
|
Mobile-to-mobile call rate (per minute) |
PEN 62 |
|
Monthly utilities for standard household (electricity, water etc.) |
PEN 262 |
|
Eating out and entertainment |
|
|
Three-course meal for two at mid-range restaurant |
PEN 80 |
|
Big Mac Meal |
PEN 16 |
|
Cappuccino |
PEN 8.50 |
|
Coca-Cola (330ml) |
PEN 2.80 |
|
Beer (local) |
PEN 8 |
|
Transport |
|
|
Taxi/km |
PEN 5 |
|
City bus |
PEN 2 |
|
Petrol per litre |
PEN 3.80 |
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