Cost of Living Comparison Between Colombia and Peru Cost of Living Comparison Between Colombia and Peru

Monthly Cost of Living

A single person spends $803 per month in Colombia vs $422 in Peru, rent included.

A couple spends around $1,224 per month in Colombia vs $670 in Peru, rent included.

A family of three spends $1,644 per month in Colombia vs $917 in Peru, rent included.

Colombia costs about 90% more than Peru on average – the gap runs across housing, groceries, transport, and services.

Both Colombia and Peru are more affordable than the global median – Colombia 40% lower, Peru 69% lower.

Currency
🍽 Eating Out
Colombia
Peru
Difference
Meal at Budget Restaurant
$4.45 COP 15.5K
$4.28 PEN 14.56
3.97%
Three-Course Dinner for Two, Mid-Range
$29.37 COP 102.5K
$27.37 PEN 93.1
7.31%
Fast Food Meal (McDonalds, etc)
$7.29 COP 25.4K
$6.21 PEN 21.11
17.39%
Cappuccino
$1.62 COP 5,640
$2.61 PEN 8.87
-37.93%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.96 COP 3,348
$0.83 PEN 2.83
15.66%
Water (0.33 liter bottle)
$0.65 COP 2,271
$0.54 PEN 1.85
20.37%
Local Beer (0.5 liter draught)
$1.23 COP 4,305
$2.20 PEN 7.49
-44.09%
Imported Beer (0.33 liter bottle)
$2.39 COP 8,334
$3.84 PEN 13.06
-37.76%
🛒 Groceries & Markets
Colombia
Peru
Difference
Milk (1 liter)
$1.15 COP 4,008
$1.34 PEN 4.54
-14.18%
White Bread (500g)
$1.34 COP 4,669
$2.42 PEN 8.23
-44.63%
Rice (white) (1kg)
$1.17 COP 4,083
$1.28 PEN 4.35
-8.59%
Eggs
$2.17 COP 7,581
$2.58 PEN 8.78
-15.89%
Local Cheese (1kg)
$4.53 COP 15.8K
$7.14 PEN 24.28
-36.55%
Chicken Fillets (1kg)
$5.11 COP 17.8K
$5.34 PEN 18.16
-4.31%
Beef Round Steak (1kg)
$7.75 COP 27.1K
$9.21 PEN 31.32
-15.85%
Apples (1kg)
$2.57 COP 8,964
$1.73 PEN 5.88
48.55%
Banana (1kg)
$1.05 COP 3,652
$1.02 PEN 3.46
2.94%
Oranges (1kg)
$1.27 COP 4,417
$1.04 PEN 3.53
22.12%
Tomato (1kg)
$1.22 COP 4,247
$1.09 PEN 3.72
11.93%
Potato (1kg)
$1.05 COP 3,669
$0.89 PEN 3.02
17.98%
Onion (1kg)
$1.12 COP 3,899
$0.87 PEN 2.96
28.74%
Lettuce (1 head)
$0.77 COP 2,696
$0.72 PEN 2.44
6.94%
Water (1.5 liter bottle)
$0.77 COP 2,674
$0.75 PEN 2.55
2.67%
Cigarettes 20 Pack (Marlboro, Camel)
$2.54 COP 8,872
$5.42 PEN 18.42
-53.14%
Wine (Bottle)
$11.32 COP 39.5K
$7.67 PEN 26.09
47.59%
Local Beer (0.5 liter bottle)
$1.09 COP 3,790
$1.83 PEN 6.23
-40.44%
Imported Beer (0.33 liter bottle)
$1.88 COP 6,558
$2.71 PEN 9.21
-30.63%
🚌 Getting Around
Colombia
Peru
Difference
One-way Ticket (Public Transport)
$0.75 COP 2,616
$0.54 PEN 1.84
38.89%
Public Transport Monthly Pass (Regular Price)
$39.37 COP 137.4K
$16.87 PEN 57.4
133.37%
Taxi Start (Normal Tariff)
$1.49 COP 5,191
$2.28 PEN 7.74
-34.65%
Taxi (Normal Tariff) (1km)
$1.64 COP 5,726
$1.94 PEN 6.60
-15.46%
Taxi 1hour Waiting (Normal Tariff)
$7.10 COP 24.8K
$5.43 PEN 18.48
30.76%
Gasoline (1 liter)
$0.96 COP 3,364
$1.33 PEN 4.53
-27.82%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.1K COP 59.6M
$19.9K PEN 67.8K
-14.33%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5K COP 92.5M
$24.4K PEN 82.9K
8.64%
🧾 Monthly Utilities & Internet
Colombia
Peru
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$84.7 COP 295.5K
$48.24 PEN 164
75.52%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.38 COP 32.7K
$12.02 PEN 40.86
-21.96%
Internet (50+ Mbps, Unlimited Data)
$23.29 COP 81.3K
$25.99 PEN 88.3
-10.39%
🎉 Sport & Entertainment
Colombia
Peru
Difference
Gym Membership (Monthly)
$22.95 COP 80.1K
$30.68 PEN 104
-25.20%
Tennis Court (1 Hour on Weekend)
$12.34 COP 43.1K
$16.81 PEN 57.1
-26.59%
Cinema Ticket
$3.92 COP 13.7K
$5.54 PEN 18.83
-29.24%
🧸 Childcare & Education
Colombia
Peru
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$264 COP 922.6K
$168 PEN 571
57.50%
International Primary School, 1 Child (Yearly)
$5,877 COP 20.5M
$5,582 PEN 19.0K
5.29%
👕👟 Clothing & Footwear
Colombia
Peru
Difference
Jeans (Levis 501 Or Similar)
$58.1 COP 202.8K
$47.69 PEN 162
21.81%
Summer Dress (H&M, Zara, etc)
$38.50 COP 134.4K
$31.55 PEN 107
22.03%
Sport Shoes (Adidas, Nike)
$90.6 COP 316.3K
$81.5 PEN 277
11.28%
Men's Leather Business Shoes
$77.1 COP 269.1K
$77.1 PEN 262
-0.04%
🏠 Accommodation & Living
Colombia
Peru
Difference
1-bedroom Apartment, City Center (Monthly)
$355 COP 1.2M
$484 PEN 1,645
-26.68%
1-bedroom Apartment, Outside City Center (Monthly)
$299 COP 1.0M
$266 PEN 904
12.39%
3-bedroom Apartment, City Center (Monthly)
$688 COP 2.4M
$833 PEN 2,833
-17.46%
3-bedroom Apartment, Outside City Center (Monthly)
$550 COP 1.9M
$479 PEN 1,629
14.79%
Buy Apartment in City Center (m2)
$1,890 COP 6.6M
$2,182 PEN 7,416
-13.35%
Buy Apartment Outside City Center (m2)
$1,228 COP 4.3M
$1,211 PEN 4,116
1.38%
💵 Salaries & Financials
Colombia
Peru
Difference
Average Monthly Net Salary (After Tax)
$514 COP 1.8M
$576 PEN 1,960
-10.89%
20-Year Fixed Mortgage Interest Rate (Annual %)
12.68
10.63
19.29%

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

Last update for Colombia: June 8, 2026

Last update for Peru: June 8, 2026

Cost Breakdown

Average rent: $294 in Colombia vs $142 in Peru. For reference, capital cities sit at $448 in Bogota and $624 in Lima.

Average salary: $472 in Colombia vs $525 in Peru. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 107% higher in Colombia.

Dining out costs 41% more in Colombia.

Public transport is 575% more expensive in Colombia.

Salaries are 11% higher in Peru, giving Peru stronger purchasing power.

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
Colombia vs Peru: Cost of Living - Frequently Asked Questions
Which country is cheaper: Colombia or Peru?
Peru is the cheaper option – living costs run roughly 55% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.
Is rent more expensive in Colombia or Peru?
Housing costs more in Colombia, and the gap is biggest in capital cities. Regional towns show less difference, but Colombia consistently has higher rents.
How do daily expenses compare in Colombia vs Peru?
Groceries, transport, and utilities all cost less in Peru, contributing to the overall 55% price gap. The savings show up everywhere – from supermarket receipts to monthly bills.
Can you live in both Colombia and Peru on $1,000 per month?
$1,000 buys a comfortable lifestyle in Peru, but in Colombia it only works with careful planning outside the capital. Same money, very different lives.
Which country is better for expats: Colombia or Peru?
Peru is the budget-friendly choice for expats – lower housing and daily costs. But cost isn't everything: visa policies, language, healthcare quality, and job markets all weigh in too.

Colombia vs other spots: cost of living compared

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