Last update: Oct 2026

Cost of Living Comparison Between Italy and Peru

Name: Peru
Address: PE

For one person, living is cheaper in Peru: $878 a month against $1,843 in Italy, rent and utilities included – about $11,600 less a year. Rent and utilities account for most of the difference.

88

Cost of Living Index in Italy
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Italy Living Index
42

Cost of Living Index in Peru
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Peru Living Index

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🇮🇹 Italy

$1,843

/mo nomad

🇵🇪 Peru

$878

/mo nomad

Monthly Cost of Living

How much you'll spend in Italy 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 Italy and in Peru actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,843 in Italy versus $878 in Peru.

Italy $1,843
Peru $878

Estimated couple costs with rent: $2,816 in Italy versus $1,380 in Peru.

Italy $2,816
Peru $1,380

Monthly costs for a family of three with rent: $3,788 in Italy versus $1,883 in Peru.

Italy $3,788
Peru $1,883

Internal cost variation is higher in Italy: monthly costs span $1,038 to $2,555, compared to $20–$1,108 in Peru. City choice carries more weight in Italy.

Living in Italy is roughly 110% more expensive than in Peru on average.

Italy (35% above) and Peru (36% below) straddle the global median.

Meal at Budget Restaurant

$20.46 €18.32

$3.51 PEN 12.16

482.91%

Three-Course Dinner for Two, Mid-Range

$79.5 €71.2

$27.65 PEN 95.8

187.52%

Fast Food Meal (McDonalds, etc)

$11.15 €9.99

$6.21 PEN 21.51

79.55%

Cappuccino

$2.04 €1.83

$3.15 PEN 10.92

-35.24%

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

$3.10 €2.78

$0.96 PEN 3.31

222.92%

Water (0.33 liter bottle)

$1.40 €1.25

$0.51 PEN 1.78

174.51%

Local Beer (0.5 liter draught)

$5.51 €4.94

$2.28 PEN 7.90

141.67%

Imported Beer (0.33 liter bottle)

$5.74 €5.14

$3.56 PEN 12.33

61.24%

Milk (1 liter)

$1.57 €1.41

$1.47 PEN 5.09

6.80%

White Bread (500g)

$2.38 €2.13

$2.30 PEN 7.97

3.48%

Rice (white) (1kg)

$2.90 €2.60

$1.38 PEN 4.77

110.14%

Eggs

$4.07 €3.65

$2.63 PEN 9.12

54.75%

Local Cheese (1kg)

$17.44 €15.62

$8.28 PEN 28.71

110.63%

Chicken Fillets (1kg)

$12.56 €11.25

$5.71 PEN 19.79

119.96%

Beef Round Steak (1kg)

$20.17 €18.06

$9.04 PEN 31.34

123.12%

Apples (1kg)

$2.58 €2.31

$1.77 PEN 6.15

45.76%

Banana (1kg)

$2.19 €1.96

$1.09 PEN 3.78

100.92%

Oranges (1kg)

$2.68 €2.40

$1.31 PEN 4.53

104.58%

Tomato (1kg)

$3.27 €2.93

$1.21 PEN 4.21

170.25%

Potato (1kg)

$1.90 €1.70

$0.89 PEN 3.08

113.48%

Onion (1kg)

$1.82 €1.63

$0.86 PEN 2.97

111.63%

Lettuce (1 head)

$1.57 €1.40

$0.77 PEN 2.67

103.90%

Water (1.5 liter bottle)

$0.55 €0.49

$0.84 PEN 2.92

-34.52%

Cigarettes 20 Pack (Marlboro, Camel)

$6.69 €5.99

$5.63 PEN 19.50

18.83%

Wine (Bottle)

$7.99 €7.15

$7.65 PEN 26.53

4.44%

Local Beer (0.5 liter bottle)

$1.77 €1.59

$1.99 PEN 6.91

-11.06%

Imported Beer (0.33 liter bottle)

$2.35 €2.11

$3.02 PEN 10.48

-22.19%

One-way Ticket (Public Transport)

$1.91 €1.71

$0.61 PEN 2.10

213.11%

Public Transport Monthly Pass (Regular Price)

$43.44 €38.90

$27.39 PEN 94.9

58.60%

Taxi Start (Normal Tariff)

$5.62 €5.03

$2.34 PEN 8.10

140.17%

Taxi (Normal Tariff) (1km)

$1.71 €1.54

$2.05 PEN 7.11

-16.59%

Taxi 1hour Waiting (Normal Tariff)

$33.64 €30.12

$7.01 PEN 24.30

379.89%

Gasoline (1 liter)

$2.03 €1.82

$1.64 PEN 5.69

23.78%

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

$35.3K €31.6K

$22.1K PEN 76.7K

59.62%

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

$36.7K €32.9K

$27.6K PEN 95.8K

32.92%

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

$227 €203

$54.9 PEN 190

312.66%

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

$11.59 €10.38

$13.37 PEN 46.33

-13.31%

Internet (50+ Mbps, Unlimited Data)

$30.38 €27.21

$25.55 PEN 88.6

18.90%

Gym Membership (Monthly)

$51.8 €46.37

$31.24 PEN 108

65.72%

Tennis Court (1 Hour on Weekend)

$23.70 €21.22

$16.62 PEN 57.6

42.60%

Cinema Ticket

$10.60 €9.50

$5.93 PEN 20.56

78.75%

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

$568 €508

$207 PEN 719

173.74%

International Primary School, 1 Child (Yearly)

$11.5K €10.3K

$11.2K PEN 38.7K

3.12%

Jeans (Levis 501 Or Similar)

$90.5 €81.1

$49.87 PEN 173

81.53%

Summer Dress (H&M, Zara, etc)

$38.55 €34.53

$30.02 PEN 104

28.41%

Sport Shoes (Adidas, Nike)

$103 €91.9

$72.2 PEN 250

42.25%

Men's Leather Business Shoes

$131 €117

$71.1 PEN 246

84.26%

1-bedroom Apartment, City Center (Monthly)

$826 €739

$514 PEN 1,782

60.58%

1-bedroom Apartment, Outside City Center (Monthly)

$646 €579

$279 PEN 967

131.53%

3-bedroom Apartment, City Center (Monthly)

$1,400 €1,254

$899 PEN 3,118

55.68%

3-bedroom Apartment, Outside City Center (Monthly)

$1,054 €944

$536 PEN 1,856

96.88%

Buy Apartment in City Center (m2)

$3,662 €3,280

$2,247 PEN 7,787

62.99%

Buy Apartment Outside City Center (m2)

$2,301 €2,061

$1,310 PEN 4,542

75.60%

Average Monthly Net Salary (After Tax)

$1,886 €1,689

$575 PEN 1,993

228.03%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.56

9.66

-63.15%

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

Last update for Italy: October 24, 2026

Last update for Peru: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Italy

$646 35.1%

Peru

$279 31.8% 56.8% $367

Groceries & Markets

Italy

$348 18.9%

Peru

$210 23.9% 39.7% $138

Eating Out

Italy

$279 15.1%

Peru

$109 12.4% 60.9% $170

Monthly Utilities & Internet

Italy

$269 14.6%

Peru

$94 10.7% 65.1% $175

Clothing & Footwear

Italy

$163 8.9%

Peru

$100 11.4% 38.5% $63

Sport & Entertainment

Italy

$73 4%

Peru

$43 4.9% 40.9% $30

Getting Around

Italy

$65 3.5%

Peru

$42 4.8% 35% $23

Cost Breakdown

National rent averages: $729 in Italy, $339 in Peru. Capital cities: $1,297 in Rome vs $734 in Lima.

National salary averages: $1,890 in Italy, $522 in Peru. Higher pay doesn’t always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 115% higher in Italy.

Dining out costs 170% more in Italy.

Public transport is 72% more expensive in Italy.

Salaries are about 3.6 times higher in Italy, and purchasing power comes out stronger in Italy.

Good to know

🇮🇹 Italy

🇵🇪 Peru

🕒 Local time

04:45 4:45 AM

22:45 10:45 PM

6 h behind Italy

🌤 Weather

👥 Population

58,850,717

33,726,000

💱 Currency

Euro EUR €

Peruvian Sol PEN S/

📈 Exchange rate

1 EUR = 1.12 USD

1 PEN = 0.289 USD

1 PEN = 0.258 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Italy Peru 10,860 km ≈ 14 h nonstop flight

From you

Italy
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

Italy vs Peru: Cost of Living - Frequently Asked Questions

At $1,843 per month in Italy and $878 in Peru, Peru comes out about 52% 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 $729 in Italy and $339 in Peru. Rents vary a lot between cities, so the gap depends on where you settle.

It depends on what you’re after: Peru wins on affordability, while salaries, visas, language, and lifestyle can tip the balance either way.