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CanIAffordIt
Latin America

Cost of Living in Peru

Everything you need to know about living expenses, salaries, and affordability in Peru.

S/400
Avg. Rent
S/170
Food
18%
Tax Rate
$640
Total/mo

Monthly Expenses in Peru

Rent (1BR, city center)
63%$400
Food & Groceries
27%$170
Transportation
4%$25
Utilities
7%$45
Total Monthly Cost$640
Affordableโ€” Cost Index: 0.30 (US = 1.0)

Recommended monthly salary: $1,300 (before tax)

Cities in Peru

We have detailed cost data for 1 city in Peru.

Lima

Peru

0.34
Rent$500
Food$180
Total /month$765
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Frequently Asked Questions

What is the cost of living in Peru?
The average monthly cost of living for a single person in Peru is approximately $640, including rent ($400), food ($170), transport ($25), and utilities ($45).
Is Peru expensive to live in?
With a cost index of 0.30 (compared to the US at 1.0), Peru is more affordable than average for international standards.
What salary do I need to live in Peru?
To live comfortably in Peru, we recommend a monthly salary of at least $1,300 before tax. This covers all basic expenses with about 20% left for savings.
What is the tax rate in Peru?
The estimated average income tax rate in Peru is approximately 18%. Actual rates vary based on income level and personal circumstances.

Data Disclaimer: Cost of living data for Peru is compiled from Numbeo, OECD, World Bank, and national statistics offices as of 2026. Actual costs vary by lifestyle, neighborhood, and personal circumstances. This tool is for informational purposes only and should not be used as the sole basis for financial decisions. Learn about our methodology โ†’