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: $966 in Argentina versus $421 in Peru.

Estimated couple costs with rent: $1,579 in Argentina versus $669 in Peru.

Monthly costs for a family of three with rent: $2,191 in Argentina versus $916 in Peru.

Living in Argentina is roughly 129% more expensive than in Peru on average.

Both countries sit below the global median: Argentina 28% lower, Peru 68% lower.

Meal at Budget Restaurant

$12.19 ARS 18.0K

$4.21 PEN 14.26

189.55%

Three-Course Dinner for Two, Mid-Range

$49.73 ARS 73.5K

$27.85 PEN 94.4

78.56%

Fast Food Meal (McDonalds, etc)

$10.16 ARS 15.0K

$6.21 PEN 21.06

63.61%

Cappuccino

$3.43 ARS 5,076

$2.54 PEN 8.62

35.04%

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

$1.94 ARS 2,863

$0.84 PEN 2.86

130.95%

Water (0.33 liter bottle)

$1.45 ARS 2,146

$0.55 PEN 1.87

163.64%

Local Beer (0.5 liter draught)

$3.03 ARS 4,480

$2.19 PEN 7.44

38.36%

Imported Beer (0.33 liter bottle)

$3.01 ARS 4,444

$3.81 PEN 12.93

-21.00%

Milk (1 liter)

$1.37 ARS 2,022

$1.38 PEN 4.69

-0.72%

White Bread (500g)

$1.99 ARS 2,936

$2.42 PEN 8.20

-17.77%

Rice (white) (1kg)

$2.10 ARS 3,110

$1.25 PEN 4.23

68.00%

Eggs

$2.70 ARS 3,988

$2.67 PEN 9.05

1.12%

Local Cheese (1kg)

$10.28 ARS 15.2K

$6.96 PEN 23.59

47.70%

Chicken Fillets (1kg)

$6.87 ARS 10.2K

$5.23 PEN 17.71

31.36%

Beef Round Steak (1kg)

$8.93 ARS 13.2K

$8.82 PEN 29.89

1.25%

Apples (1kg)

$2.17 ARS 3,209

$1.81 PEN 6.12

19.89%

Banana (1kg)

$2.02 ARS 2,981

$1.02 PEN 3.47

98.04%

Oranges (1kg)

$1.36 ARS 2,008

$1.00 PEN 3.39

36.00%

Tomato (1kg)

$2.37 ARS 3,505

$1.10 PEN 3.73

115.45%

Potato (1kg)

$1.29 ARS 1,912

$0.90 PEN 3.05

43.33%

Onion (1kg)

$1.24 ARS 1,833

$0.88 PEN 2.97

40.91%

Lettuce (1 head)

$1.58 ARS 2,332

$0.77 PEN 2.60

105.19%

Water (1.5 liter bottle)

$1.47 ARS 2,166

$0.80 PEN 2.72

83.75%

Cigarettes 20 Pack (Marlboro, Camel)

$3.02 ARS 4,468

$5.68 PEN 19.24

-46.83%

Wine (Bottle)

$5.06 ARS 7,473

$8.00 PEN 27.10

-36.75%

Local Beer (0.5 liter bottle)

$1.86 ARS 2,751

$1.76 PEN 5.98

5.68%

Imported Beer (0.33 liter bottle)

$3.01 ARS 4,451

$2.65 PEN 8.98

13.58%

One-way Ticket (Public Transport)

$0.77 ARS 1,145

$0.57 PEN 1.94

35.09%

Public Transport Monthly Pass (Regular Price)

$20.65 ARS 30.5K

$16.79 PEN 56.9

22.99%

Taxi Start (Normal Tariff)

$1.54 ARS 2,269

$2.20 PEN 7.45

-30.00%

Taxi (Normal Tariff) (1km)

$0.98 ARS 1,453

$1.87 PEN 6.33

-47.59%

Taxi 1hour Waiting (Normal Tariff)

$6.07 ARS 8,977

$5.59 PEN 18.93

8.59%

Gasoline (1 liter)

$1.08 ARS 1,601

$1.35 PEN 4.57

-20.00%

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

$24.6K ARS 36.4M

$20.6K PEN 69.9K

19.36%

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

$30.2K ARS 44.6M

$24.2K PEN 82.2K

24.43%

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

$87.1 ARS 128.7K

$46.51 PEN 158

87.23%

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

$17.18 ARS 25.4K

$12.09 PEN 40.97

42.10%

Internet (50+ Mbps, Unlimited Data)

$22.86 ARS 33.8K

$25.31 PEN 85.8

-9.68%

Gym Membership (Monthly)

$30.87 ARS 45.6K

$29.95 PEN 102

3.07%

Tennis Court (1 Hour on Weekend)

$13.43 ARS 19.9K

$16.52 PEN 56.0

-18.70%

Cinema Ticket

$6.69 ARS 9,887

$5.59 PEN 18.94

19.68%

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

$249 ARS 368.3K

$169 PEN 574

47.29%

International Primary School, 1 Child (Yearly)

$3,755 ARS 5.6M

$5,627 PEN 19.1K

-33.27%

Jeans (Levis 501 Or Similar)

$97.2 ARS 143.6K

$48.01 PEN 163

102.37%

Summer Dress (H&M, Zara, etc)

$78.5 ARS 116.0K

$31.35 PEN 106

150.40%

Sport Shoes (Adidas, Nike)

$121 ARS 178.5K

$82.2 PEN 279

46.93%

Men's Leather Business Shoes

$120 ARS 177.7K

$76.8 PEN 260

56.52%

1-bedroom Apartment, City Center (Monthly)

$499 ARS 737.7K

$479 PEN 1,623

4.27%

1-bedroom Apartment, Outside City Center (Monthly)

$339 ARS 501.4K

$272 PEN 922

24.68%

3-bedroom Apartment, City Center (Monthly)

$893 ARS 1.3M

$835 PEN 2,831

6.97%

3-bedroom Apartment, Outside City Center (Monthly)

$613 ARS 906.7K

$486 PEN 1,648

26.22%

Buy Apartment in City Center (m2)

$2,091 ARS 3.1M

$2,181 PEN 7,395

-4.16%

Buy Apartment Outside City Center (m2)

$1,398 ARS 2.1M

$1,224 PEN 4,150

14.18%

Average Monthly Net Salary (After Tax)

$738 ARS 1.1M

$578 PEN 1,959

27.67%

20-Year Fixed Mortgage Interest Rate (Annual %)

65.53

10.63

516.46%

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

Last update for Argentina: July 12, 2026

Last update for Peru: July 13, 2026

Cost Breakdown

National rent averages: $352 in Argentina, $142 in Peru. Capital cities: $657 in Buenos Aires vs $623 in Lima.

National salary averages: $727 in Argentina, $533 in Peru. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 148% higher in Argentina.

Dining out costs 106% more in Argentina.

Public transport is 25% more expensive in Argentina.

Salaries are 36% 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 $1,000 per month in Argentina and $522 in Peru, there's a 92% 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.