😐A single person spends $650 per month in Arequipa vs $641 in Iquitos, rent included.
🙂A couple spends around $1,067 per month in Arequipa vs $1,154 in Iquitos, rent included.
🙂A family of three spends $1,485 per month in Arequipa vs $1,666 in Iquitos, rent included.
😐Arequipa costs about 1% more than Iquitos, driven mainly by Groceries & Markets.
📊Both Arequipa and Iquitos are more affordable than the global median – Arequipa51% lower, Iquitos52% lower.
Currency
🍽 Eating Out
Arequipa
Iquitos
Difference
Meal at Budget Restaurant
$4.07PEN 14.32
$4.08PEN 14.36
-0.25%
Three-Course Dinner for Two, Mid-Range
$28.21PEN 99.3
$36.24PEN 128
-22.16%
Fast Food Meal(McDonalds, etc)
$5.68PEN 20.00
$6.84PEN 24.08
-16.96%
Cappuccino
$2.61PEN 9.18
$3.36PEN 11.82
-22.32%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$0.82PEN 2.88
$0.81PEN 2.87
1.23%
Water(0.33 liter bottle)
$0.37PEN 1.30
$1.00PEN 3.54
-63.00%
Local Beer(0.5 liter draught)
$2.19PEN 7.70
$2.84PEN 10.00
-22.89%
Imported Beer(0.33 liter bottle)
$5.88PEN 20.69
$7.13PEN 25.09
-17.53%
🛒 Groceries & Markets
Arequipa
Iquitos
Difference
Milk(1 liter)
$1.53PEN 5.40
$1.71PEN 6.04
-10.53%
White Bread(500g)
$1.27PEN 4.46
$2.25PEN 7.91
-43.56%
Rice(white)(1kg)
$1.22PEN 4.28
-
-
Eggs
$2.06PEN 7.24
$2.37PEN 8.36
-13.08%
Local Cheese(1kg)
$5.38PEN 18.93
-
-
Chicken Fillets(1kg)
$5.26PEN 18.51
$3.05PEN 10.72
72.46%
Beef Round Steak(1kg)
$7.45PEN 26.22
-
-
Apples(1kg)
$1.46PEN 5.15
-
-
Banana(1kg)
$1.22PEN 4.28
-
-
Oranges(1kg)
$1.19PEN 4.17
-
-
Tomato(1kg)
$0.77PEN 2.71
-
-
Potato(1kg)
$0.55PEN 1.95
-
-
Onion(1kg)
$0.54PEN 1.90
-
-
Lettuce(1 head)
$0.44PEN 1.55
-
-
Water(1.5 liter bottle)
$0.76PEN 2.66
$0.87PEN 3.06
-12.64%
Cigarettes 20 Pack(Marlboro, Camel)
$4.95PEN 17.41
-
-
Wine(Bottle)
$4.87PEN 17.14
-
-
Local Beer(0.5 liter bottle)
$2.40PEN 8.43
-
-
Imported Beer(0.33 liter bottle)
$2.32PEN 8.15
-
-
🚌 Getting Around
Arequipa
Iquitos
Difference
One-way Ticket(Public Transport)
$0.29PEN 1.03
-
-
Taxi Start(Normal Tariff)
$2.08PEN 7.33
-
-
Taxi(Normal Tariff)(1km)
$2.11PEN 7.44
-
-
Taxi 1hour Waiting(Normal Tariff)
$12.82PEN 45.12
-
-
Gasoline(1 liter)
$1.60PEN 5.64
-
-
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.7KPEN 65.9K
-
-
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.0KPEN 88.0K
-
-
🧾 Monthly Utilities & Internet
Arequipa
Iquitos
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$39.83PEN 140
$33.44PEN 118
19.11%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$10.73PEN 37.77
$10.80PEN 38.01
-0.65%
Internet(50+ Mbps, Unlimited Data)
$30.64PEN 108
$8.32PEN 29.28
268.27%
🎉 Sport & Entertainment
Arequipa
Iquitos
Difference
Gym Membership(Monthly)
$21.47PEN 75.6
$28.27PEN 99.5
-24.05%
Tennis Court(1 Hour on Weekend)
$8.22PEN 28.93
$8.16PEN 28.71
0.74%
Cinema Ticket
$4.39PEN 15.44
$5.48PEN 19.30
-19.89%
🧸 Childcare & Education
Arequipa
Iquitos
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$59.9PEN 211
-
-
International Primary School, 1 Child(Yearly)
$6,271PEN 22.1K
$2,667PEN 9,389
135.10%
👕👟 Clothing & Footwear
Arequipa
Iquitos
Difference
Jeans(Levis 501 Or Similar)
$36.93PEN 130
$81.7PEN 288
-54.79%
Summer Dress(H&M, Zara, etc)
$22.01PEN 77.5
$33.05PEN 116
-33.40%
Sport Shoes(Adidas, Nike)
$61.6PEN 217
$50.8PEN 179
21.28%
Men's Leather Business Shoes
$55.1PEN 194
$25.37PEN 89.3
117.30%
🏠 Accommodation & Living
Arequipa
Iquitos
Difference
1-bedroom Apartment, City Center(Monthly)
$245PEN 861
$329PEN 1,159
-25.72%
1-bedroom Apartment, Outside City Center(Monthly)
$156PEN 549
$248PEN 873
-37.13%
3-bedroom Apartment, City Center(Monthly)
$542PEN 1,908
$828PEN 2,916
-34.58%
3-bedroom Apartment, Outside City Center(Monthly)
$384PEN 1,350
$701PEN 2,466
-45.25%
Buy Apartment in City Center(m2)
$1,995PEN 7,023
-
-
Buy Apartment Outside City Center(m2)
$1,002PEN 3,526
-
-
💵 Salaries & Financials
Arequipa
Iquitos
Difference
Average Monthly Net Salary(After Tax)
$631PEN 2,222
$575PEN 2,026
9.70%
20-Year Fixed Mortgage Interest Rate(Annual %)
15
0
-
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Arequipa: April 27, 2026
Last update for Iquitos: April 25, 2026
Cost Breakdown
🏠A central one-bedroom costs $245 in Arequipa versus $329 in Iquitos. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.
💰Salaries run about 10% higher in Arequipa, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.
🛒A mid-range dinner for two costs $28.00 in Arequipa versus $36.00 in Iquitos. Groceries tell a different story – $169 in Arequipa vs $75.0 in Iquitos – so Iquitos wins on supermarket bills even if dining out costs more.
City Median Internet Speeds Comparison (Updated April 2026)
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Arequipa vs Iquitos: Cost of Living - Frequently Asked Questions
Which city is more expensive, Arequipa or Iquitos?
Arequipa costs about 1% more than Iquitos, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.
How much do you need to earn to live comfortably in Arequipa vs Iquitos?
For a comfortable life, plan on about $975 per month in Arequipa and $962 in Iquitos. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Where is rent cheaper, Arequipa or Iquitos?
Rent is clearly cheaper in Iquitos, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
How much does it cost to live in Arequipa compared to Iquitos?
Monthly expenses with rent come to $650 in Arequipa and $641 in Iquitos. The difference isn't just one category – it shows up across housing, food, transport, and services.
Are groceries more expensive in Arequipa or Iquitos?
Groceries cost about 126% more in Arequipa, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Can you live on $1,000/month in Arequipa or Iquitos?
$1,000 covers both cities comfortably – all-in costs are $650 in Arequipa and $641 in Iquitos, leaving budget for savings and extras in both cases.
Which city is better for digital nomads, Arequipa or Iquitos?
For digital nomads, it depends on budget. Iquitos costs $641 versus $650 in Arequipa. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.
How safe is Arequipa compared to Iquitos?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Should I move to Arequipa or Iquitos?
If budget matters most, go with Iquitos. If higher salaries, better infrastructure, or specific career opportunities are the priority, Arequipa makes more sense. Both are solid long-term options with distinct trade-offs.