Cost of Living in Peru 2026 — Rent, Food, Tax & BudgetAll figures are shown in EUR for comparability. The local currency of Peru is the Peruvian sol (PEN).
Monthly Living Costs in Peru
Average prices from our cost dataset, re-checked on a rolling basis:
1BR Rent
per month, city average
3BR Rent
per month, city average
Groceries
per month, single person
Transport
per month, public transit pass
Utilities
per month, basic apartment
Meal Out
typical price per meal
Monthly budget (single person): €750 (1-bedroom rent + groceries + transport + utilities)
Monthly budget (couple): €965 (shared 1-bedroom rent, two of everything else)
These are national averages — actual costs vary by city and lifestyle.
How Expensive Is Peru Overall?
| Indicator | Value |
|---|---|
| Cost-of-living index (market data; higher = more expensive) | 56.6 |
| Rent index | 11.3 |
| Groceries index | 37.7 |
| Restaurant price index | 28.3 |
| Local purchasing-power index (higher = stronger) | 48.5 |
| Price level index (World Bank, 2024; US = 100) | 47.5 |
| Property price-to-income ratio | 15 |
Salaries by Sector
Typical gross annual salaries in Peru from our sector dataset:
| Sector | Typical gross annual (EUR) |
|---|---|
| IT & Software | €18,500 |
| Engineering | €15,000 |
| Finance | €13,500 |
| Healthcare | €11,000 |
| Education | €9,000 |
| Construction | €9,000 |
| Hospitality | €7,000 |
| Retail | €5,500 |
Taxes in Peru
Headline tax figures that shape your take-home pay:
| Tax | Rate / amount |
|---|---|
| Effective income tax at €90k gross | 16.3% |
| Net monthly pay at €90k gross | €5,580 |
| VAT / sales tax | 18% |
| Top personal income-tax rate | 30% |
Worked example: on a €90,000 gross salary, net pay is about €5,580 per month. After rent and essentials (€750), roughly €4,830 per month is left for savings and discretionary spending.
How Peru Compares to Its Neighbours
| Country | 1BR Rent | Groceries | Transport | Cost index |
|---|---|---|---|---|
| Peru | €450 | €180 | €35 | 56.6 |
| Bolivia | €320 | €95 | €25 | 39.1 |
| Brazil | €450 | €180 | €65 | 51.6 |
| Chile | €650 | €280 | €65 | 51.8 |
Quality of Life Metrics
Beyond cost, these factors shape everyday life in Peru:
Safety index
Healthcare index
Internet speed
English proficiency
Life expectancy
Expat satisfaction
What It Costs to Get In: Visas & Residence
We track 30 residence and visa routes for Peru — see the full Peru visa programme list.
Lowest documented income requirement among tracked routes: €1,000 per month — Rentista (Retiree / Pensioner) (retirement route). Requirements change; always confirm on the official page before applying.
Our engine estimates a minimum financial viability of €750 per month to sustain a move to Peru.
Frequently Asked Questions
Is Peru expensive?
Peru has a cost-of-living index of 56.6 (higher = more expensive). A 1-bedroom apartment averages €450 per month and a single person spends about €750 per month on rent plus essentials.
How much money do I need per month in Peru?
About €750 per month covers rent and essentials for a single person (1-bedroom rent + groceries + transport + utilities). A couple sharing a 1-bedroom apartment needs about €965 per month.
What is the average rent in Peru?
A 1-bedroom apartment averages €450 per month and a 3-bedroom apartment averages €850 per month in Peru. Prices vary significantly between city centres and smaller towns.
What do people earn in Peru?
Typical gross annual salaries in Peru range from €5,500 (Retail) to €18,500 (IT & Software), based on our sector dataset.
Which residence route has the lowest income requirement for Peru?
Among the 30 Peru residence routes we track, the lowest documented income requirement is €1,000 per month (Rentista (Retiree / Pensioner)). Requirements change; always confirm on the official page before applying.
Ready for the next step? See the full Peru country profile and the Peru emigration guide.
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