Last update: Oct 2026

Cost of Living Comparison Between Argentina and Peru

Name: Peru
Address: PE

For one person, living is cheaper in Peru: $878 a month against $1,355 in Argentina, rent and utilities included – about $5,700 less a year. Other living expenses account for most of the difference.

65

Cost of Living Index in Argentina
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Argentina Living Index
42

Cost of Living Index in Peru
Learn more

Peru Living Index

Jump to prices

🇦🇷 Argentina

$1,355

/mo nomad

🇵🇪 Peru

$878

/mo nomad

Monthly Cost of Living

How much you'll spend in Argentina and in Peru

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Argentina and in Peru actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,355 in Argentina versus $878 in Peru.

Argentina $1,355
Peru $878

Estimated couple costs with rent: $2,177 in Argentina versus $1,380 in Peru.

Argentina $2,177
Peru $1,380

Monthly costs for a family of three with rent: $2,999 in Argentina versus $1,883 in Peru.

Argentina $2,999
Peru $1,883

Internal cost variation is higher in Peru: monthly costs span $20 to $1,108, compared to $891–$1,638 in Argentina. City choice carries more weight in Peru.

Living in Argentina is roughly 54% more expensive than in Peru on average.

Meal at Budget Restaurant

$14.43 ARS 22.1K

$3.51 PEN 12.16

311.11%

Three-Course Dinner for Two, Mid-Range

$54.9 ARS 84.3K

$27.65 PEN 95.8

98.70%

Fast Food Meal (McDonalds, etc)

$13.09 ARS 20.1K

$6.21 PEN 21.51

110.79%

Cappuccino

$3.43 ARS 5,266

$3.15 PEN 10.92

8.89%

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

$2.17 ARS 3,334

$0.96 PEN 3.31

126.04%

Water (0.33 liter bottle)

$1.58 ARS 2,420

$0.51 PEN 1.78

209.80%

Local Beer (0.5 liter draught)

$3.61 ARS 5,539

$2.28 PEN 7.90

58.33%

Imported Beer (0.33 liter bottle)

$4.04 ARS 6,202

$3.56 PEN 12.33

13.48%

Milk (1 liter)

$1.37 ARS 2,107

$1.47 PEN 5.09

-6.80%

White Bread (500g)

$2.27 ARS 3,475

$2.30 PEN 7.97

-1.30%

Rice (white) (1kg)

$1.82 ARS 2,790

$1.38 PEN 4.77

31.88%

Eggs

$2.70 ARS 4,147

$2.63 PEN 9.12

2.66%

Local Cheese (1kg)

$10.27 ARS 15.8K

$8.28 PEN 28.71

24.03%

Chicken Fillets (1kg)

$8.33 ARS 12.8K

$5.71 PEN 19.79

45.88%

Beef Round Steak (1kg)

$11.85 ARS 18.2K

$9.04 PEN 31.34

31.08%

Apples (1kg)

$2.41 ARS 3,703

$1.77 PEN 6.15

36.16%

Banana (1kg)

$2.20 ARS 3,380

$1.09 PEN 3.78

101.83%

Oranges (1kg)

$1.46 ARS 2,241

$1.31 PEN 4.53

11.45%

Tomato (1kg)

$2.45 ARS 3,760

$1.21 PEN 4.21

102.48%

Potato (1kg)

$1.16 ARS 1,783

$0.89 PEN 3.08

30.34%

Onion (1kg)

$1.01 ARS 1,551

$0.86 PEN 2.97

17.44%

Lettuce (1 head)

$1.51 ARS 2,314

$0.77 PEN 2.67

96.10%

Water (1.5 liter bottle)

$1.66 ARS 2,553

$0.84 PEN 2.92

97.62%

Cigarettes 20 Pack (Marlboro, Camel)

$4.11 ARS 6,306

$5.63 PEN 19.50

-27.00%

Wine (Bottle)

$5.12 ARS 7,849

$7.65 PEN 26.53

-33.07%

Local Beer (0.5 liter bottle)

$1.95 ARS 2,985

$1.99 PEN 6.91

-2.01%

Imported Beer (0.33 liter bottle)

$2.97 ARS 4,556

$3.02 PEN 10.48

-1.66%

One-way Ticket (Public Transport)

$0.99 ARS 1,517

$0.61 PEN 2.10

62.30%

Public Transport Monthly Pass (Regular Price)

$31.15 ARS 47.8K

$27.39 PEN 94.9

13.73%

Taxi Start (Normal Tariff)

$1.53 ARS 2,352

$2.34 PEN 8.10

-34.62%

Taxi (Normal Tariff) (1km)

$1.01 ARS 1,551

$2.05 PEN 7.11

-50.73%

Taxi 1hour Waiting (Normal Tariff)

$7.54 ARS 11.6K

$7.01 PEN 24.30

7.56%

Gasoline (1 liter)

$1.23 ARS 1,881

$1.64 PEN 5.69

-25.00%

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

$24.6K ARS 37.8M

$22.1K PEN 76.7K

11.43%

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

$31.8K ARS 48.7M

$27.6K PEN 95.8K

14.90%

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

$137 ARS 210.1K

$54.9 PEN 190

149.47%

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

$17.55 ARS 26.9K

$13.37 PEN 46.33

31.26%

Internet (50+ Mbps, Unlimited Data)

$26.05 ARS 40.0K

$25.55 PEN 88.6

1.96%

Gym Membership (Monthly)

$35.64 ARS 54.7K

$31.24 PEN 108

14.08%

Tennis Court (1 Hour on Weekend)

$18.56 ARS 28.5K

$16.62 PEN 57.6

11.67%

Cinema Ticket

$9.83 ARS 15.1K

$5.93 PEN 20.56

65.77%

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

$382 ARS 585.8K

$207 PEN 719

84.18%

International Primary School, 1 Child (Yearly)

$6,351 ARS 9.7M

$11.2K PEN 38.7K

-43.17%

Jeans (Levis 501 Or Similar)

$109 ARS 167.6K

$49.87 PEN 173

119.03%

Summer Dress (H&M, Zara, etc)

$84.1 ARS 129.1K

$30.02 PEN 104

180.25%

Sport Shoes (Adidas, Nike)

$120 ARS 183.3K

$72.2 PEN 250

65.63%

Men's Leather Business Shoes

$120 ARS 184.6K

$71.1 PEN 246

69.32%

1-bedroom Apartment, City Center (Monthly)

$534 ARS 818.8K

$514 PEN 1,782

3.83%

1-bedroom Apartment, Outside City Center (Monthly)

$383 ARS 586.9K

$279 PEN 967

37.08%

3-bedroom Apartment, City Center (Monthly)

$1,045 ARS 1.6M

$899 PEN 3,118

16.19%

3-bedroom Apartment, Outside City Center (Monthly)

$795 ARS 1.2M

$536 PEN 1,856

48.43%

Buy Apartment in City Center (m2)

$2,209 ARS 3.4M

$2,247 PEN 7,787

-1.70%

Buy Apartment Outside City Center (m2)

$1,463 ARS 2.2M

$1,310 PEN 4,542

11.67%

Average Monthly Net Salary (After Tax)

$786 ARS 1.2M

$575 PEN 1,993

36.78%

20-Year Fixed Mortgage Interest Rate (Annual %)

58.21

9.66

502.59%

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

Last update for Argentina: October 26, 2026

Last update for Peru: October 27, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Argentina

$383 28.2%

Peru

$279 31.8% 27% $103

Groceries & Markets

Argentina

$263 19.4%

Peru

$210 23.9% 20.3% $53

Eating Out

Argentina

$237 17.5%

Peru

$109 12.4% 54.1% $128

Clothing & Footwear

Argentina

$195 14.4%

Peru

$100 11.4% 48.5% $95

Monthly Utilities & Internet

Argentina

$181 13.3%

Peru

$94 10.7% 48% $87

Sport & Entertainment

Argentina

$55 4.1%

Peru

$43 4.9% 22% $12

Getting Around

Argentina

$42 3.1%

Peru

$42 4.8% 1.7% $0.7

Cost Breakdown

National rent averages: $516 in Argentina, $339 in Peru. Capital cities: $731 in Buenos Aires vs $734 in Lima.

National salary averages: $795 in Argentina, $522 in Peru. Higher pay doesn’t always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 52% higher in Argentina.

Dining out costs 96% more in Argentina.

Public transport is 28% more expensive in Argentina.

Salaries are 52% higher in Argentina.

Good to know

🇦🇷 Argentina

🇵🇪 Peru

🕒 Local time

20:29 8:29 PM

18:29 6:29 PM

2 h behind Argentina

🌤 Weather

👥 Population

47,327,407

33,726,000

💱 Currency

Argentine Peso ARS $

Peruvian Sol PEN S/

📈 Exchange rate

10,000 ARS = 6.52 USD

10,000 ARS = 5.84 EUR

1 PEN = 0.289 USD

1 PEN = 0.258 EUR

Exchange rates and currency converter

PEN, USD, EUR to ARS – Argentine Peso Converter

🇺🇸 United States Dollar ($)

🇦🇷 Argentine Peso ($)

Argentine Peso exchange rates as of October 31, 2026: 1 USD = 1,534 ARS (10,000 ARS = 6.52 USD). 1 EUR = 1,713 ARS (10,000 ARS = 5.84 EUR).

Peruvian Sol exchange rates as of October 31, 2026: 1 USD = 3.47 PEN (1 PEN = 0.289 USD). 1 EUR = 3.87 PEN (1 PEN = 0.258 EUR).

USD to ARS in detail →

On the map

Lowest

Highest

Between locations

Argentina Peru 3,130 km ≈ 4 h 30 min nonstop flight

From you

Argentina
Peru

Distances are measured in a straight line. Your location is detected approximately.

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 $1,355 per month in Argentina and $878 in Peru, Peru comes out about 35% cheaper. 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 cheaper in Peru: lower grocery prices, cheaper commutes, and more affordable meals out. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent for a central one-bedroom averages $516 in Argentina and $339 in Peru. Rents vary a lot between cities, so the gap depends on where you settle.

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, while salaries, visas, language, and lifestyle can tip the balance either way.