Cost of Living Comparison Between Argentina and Peru Cost of Living Comparison Between Argentina and Peru

Name: Peru
Address: PE

Monthly Cost of Living

Monthly costs for one person with rent: $1,163 in Argentina versus $506 in Peru.

Estimated couple costs with rent: $1,914 in Argentina versus $792 in Peru.

Monthly costs for a family of three with rent: $2,664 in Argentina versus $1,078 in Peru.

Living in Argentina is roughly 130% more expensive than in Peru on average.

Both countries sit below the global median: Argentina 15% lower, Peru 63% lower.

Meal at Budget Restaurant

$14.65 ARS 22.1K

$3.48 PEN 11.67

320.98%

Three-Course Dinner for Two, Mid-Range

$55.3 ARS 83.3K

$29.90 PEN 100

85.02%

Fast Food Meal (McDonalds, etc)

$13.11 ARS 19.7K

$6.63 PEN 22.24

97.74%

Cappuccino

$3.69 ARS 5,552

$3.18 PEN 10.67

16.04%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.17 ARS 3,264

$0.96 PEN 3.22

126.04%

Water (0.33 liter bottle)

$1.59 ARS 2,389

$0.56 PEN 1.89

183.93%

Local Beer (0.5 liter draught)

$3.37 ARS 5,074

$2.35 PEN 7.88

43.40%

Imported Beer (0.33 liter bottle)

$3.96 ARS 5,965

$3.53 PEN 11.83

12.18%

Milk (1 liter)

$1.45 ARS 2,184

$1.54 PEN 5.17

-5.84%

White Bread (500g)

$2.28 ARS 3,428

$2.41 PEN 8.08

-5.39%

Rice (white) (1kg)

$1.83 ARS 2,750

$1.33 PEN 4.46

37.59%

Eggs

$2.66 ARS 4,012

$2.77 PEN 9.28

-3.97%

Local Cheese (1kg)

$9.84 ARS 14.8K

$8.07 PEN 27.06

21.93%

Chicken Fillets (1kg)

$8.57 ARS 12.9K

$5.96 PEN 19.98

43.79%

Beef Round Steak (1kg)

$11.78 ARS 17.7K

$9.21 PEN 30.87

27.90%

Apples (1kg)

$2.42 ARS 3,641

$1.78 PEN 5.96

35.96%

Banana (1kg)

$2.17 ARS 3,266

$1.06 PEN 3.54

104.72%

Oranges (1kg)

$1.42 ARS 2,146

$1.21 PEN 4.05

17.36%

Tomato (1kg)

$2.47 ARS 3,715

$1.28 PEN 4.31

92.97%

Potato (1kg)

$1.18 ARS 1,781

$0.96 PEN 3.21

22.92%

Onion (1kg)

$1.08 ARS 1,632

$0.88 PEN 2.95

22.73%

Lettuce (1 head)

$1.56 ARS 2,346

$0.83 PEN 2.79

87.95%

Water (1.5 liter bottle)

$1.54 ARS 2,313

$0.87 PEN 2.91

77.01%

Cigarettes 20 Pack (Marlboro, Camel)

$4.01 ARS 6,043

$5.79 PEN 19.41

-30.74%

Wine (Bottle)

$4.99 ARS 7,511

$7.86 PEN 26.36

-36.51%

Local Beer (0.5 liter bottle)

$1.88 ARS 2,838

$2.05 PEN 6.86

-8.29%

Imported Beer (0.33 liter bottle)

$2.92 ARS 4,390

$2.94 PEN 9.85

-0.68%

One-way Ticket (Public Transport)

$1.03 ARS 1,547

$0.63 PEN 2.10

63.49%

Public Transport Monthly Pass (Regular Price)

$27.77 ARS 41.8K

$24.23 PEN 81.2

14.61%

Taxi Start (Normal Tariff)

$1.62 ARS 2,446

$2.42 PEN 8.10

-33.06%

Taxi (Normal Tariff) (1km)

$1.03 ARS 1,544

$2.14 PEN 7.17

-51.87%

Taxi 1hour Waiting (Normal Tariff)

$7.66 ARS 11.5K

$5.91 PEN 19.82

29.61%

Gasoline (1 liter)

$1.20 ARS 1,810

$1.56 PEN 5.23

-23.08%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.5K ARS 41.4M

$22.2K PEN 74.3K

23.98%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$33.1K ARS 49.8M

$25.5K PEN 85.3K

29.98%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$138 ARS 207.8K

$55.4 PEN 186

149.24%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.68 ARS 26.6K

$14.12 PEN 47.33

25.21%

Internet (50+ Mbps, Unlimited Data)

$26.06 ARS 39.2K

$26.52 PEN 88.9

-1.73%

Gym Membership (Monthly)

$33.72 ARS 50.8K

$31.03 PEN 104

8.67%

Tennis Court (1 Hour on Weekend)

$18.64 ARS 28.1K

$17.90 PEN 60.0

4.13%

Cinema Ticket

$10.10 ARS 15.2K

$5.92 PEN 19.84

70.61%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$336 ARS 506.7K

$162 PEN 544

107.32%

International Primary School, 1 Child (Yearly)

$6,464 ARS 9.7M

$11.6K PEN 38.8K

-44.12%

Jeans (Levis 501 Or Similar)

$104 ARS 156.7K

$51.1 PEN 171

103.74%

Summer Dress (H&M, Zara, etc)

$83.4 ARS 125.6K

$30.22 PEN 101

176.04%

Sport Shoes (Adidas, Nike)

$119 ARS 179.6K

$76.1 PEN 255

56.78%

Men's Leather Business Shoes

$119 ARS 179.8K

$71.8 PEN 241

66.21%

1-bedroom Apartment, City Center (Monthly)

$507 ARS 764.2K

$499 PEN 1,673

1.68%

1-bedroom Apartment, Outside City Center (Monthly)

$359 ARS 541.3K

$256 PEN 859

40.35%

3-bedroom Apartment, City Center (Monthly)

$1,038 ARS 1.6M

$874 PEN 2,930

18.80%

3-bedroom Apartment, Outside City Center (Monthly)

$830 ARS 1.2M

$479 PEN 1,605

73.33%

Buy Apartment in City Center (m2)

$2,243 ARS 3.4M

$2,253 PEN 7,554

-0.45%

Buy Apartment Outside City Center (m2)

$1,438 ARS 2.2M

$1,239 PEN 4,155

16.02%

Average Monthly Net Salary (After Tax)

$763 ARS 1.1M

$586 PEN 1,963

30.26%

20-Year Fixed Mortgage Interest Rate (Annual %)

59.9

9.6

523.96%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Argentina: September 15, 2026

Last update for Peru: September 14, 2026

Cost Breakdown

National rent averages: $477 in Argentina, $197 in Peru. Capital cities: $730 in Buenos Aires vs $764 in Lima.

National salary averages: $760 in Argentina, $544 in Peru. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 142% higher in Argentina.

Dining out costs 136% more in Argentina.

Public transport is 100% more expensive in Peru.

Salaries are 40% higher in Argentina, and purchasing power comes out stronger in Peru.

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

Argentina vs Peru: Cost of Living - Frequently Asked Questions

At $1,270 per month in Argentina and $572 in Peru, there's a 122% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Day-to-day life is simply cheaper in Peru: lower food prices, cheaper commutes, smaller household bills. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent in Argentina is consistently higher than in Peru across the board, especially in major cities. Housing is usually the single biggest driver of the overall cost difference between the two countries.

In Peru, $1,000 covers most cities easily; in Argentina it stretches only to regional areas and falls short in the capital – you'll need to make trade-offs on housing or lifestyle.

It depends on what you're after: Peru wins on affordability; Argentina may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.