Cost of Living Comparison Between Italy and Peru Cost of Living Comparison Between Italy and Peru

Name: Peru
Address: PE

Monthly Cost of Living

Monthly costs for one person with rent: $1,720 in Italy versus $421 in Peru.

Estimated couple costs with rent: $2,626 in Italy versus $666 in Peru.

Monthly costs for a family of three with rent: $3,531 in Italy versus $911 in Peru.

Living in Italy is roughly 309% more expensive than in Peru on average.

Italy (29% above) and Peru (68% below) straddle the global median.

Meal at Budget Restaurant

$17.16 €14.96

$4.16 PEN 14.13

312.50%

Three-Course Dinner for Two, Mid-Range

$81.4 €70.9

$27.72 PEN 94.3

193.58%

Fast Food Meal (McDonalds, etc)

$11.60 €10.11

$6.15 PEN 20.91

88.62%

Cappuccino

$1.98 €1.73

$2.55 PEN 8.69

-22.35%

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

$3.00 €2.62

$0.90 PEN 3.07

233.33%

Water (0.33 liter bottle)

$1.36 €1.18

$0.54 PEN 1.85

151.85%

Local Beer (0.5 liter draught)

$5.92 €5.16

$2.26 PEN 7.68

161.95%

Imported Beer (0.33 liter bottle)

$5.25 €4.58

$3.97 PEN 13.50

32.24%

Milk (1 liter)

$1.70 €1.49

$1.33 PEN 4.53

27.82%

White Bread (500g)

$2.37 €2.07

$2.38 PEN 8.11

-0.42%

Rice (white) (1kg)

$3.03 €2.65

$1.30 PEN 4.41

133.08%

Eggs

$3.95 €3.44

$2.60 PEN 8.83

51.92%

Local Cheese (1kg)

$16.66 €14.53

$7.18 PEN 24.41

132.03%

Chicken Fillets (1kg)

$12.26 €10.68

$5.41 PEN 18.40

126.62%

Beef Round Steak (1kg)

$20.06 €17.49

$8.87 PEN 30.15

126.16%

Apples (1kg)

$2.55 €2.23

$1.83 PEN 6.21

39.34%

Banana (1kg)

$2.20 €1.92

$1.03 PEN 3.49

113.59%

Oranges (1kg)

$2.75 €2.40

$1.00 PEN 3.39

175.00%

Tomato (1kg)

$3.22 €2.81

$1.13 PEN 3.85

184.96%

Potato (1kg)

$1.94 €1.69

$0.90 PEN 3.05

115.56%

Onion (1kg)

$1.82 €1.59

$0.89 PEN 3.02

104.49%

Lettuce (1 head)

$1.48 €1.29

$0.71 PEN 2.43

108.45%

Water (1.5 liter bottle)

$0.50 €0.43

$0.81 PEN 2.74

-38.27%

Cigarettes 20 Pack (Marlboro, Camel)

$7.13 €6.21

$5.71 PEN 19.40

24.87%

Wine (Bottle)

$7.37 €6.43

$7.67 PEN 26.07

-3.91%

Local Beer (0.5 liter bottle)

$1.76 €1.53

$1.77 PEN 6.02

-0.56%

Imported Beer (0.33 liter bottle)

$2.53 €2.20

$2.76 PEN 9.40

-8.33%

One-way Ticket (Public Transport)

$1.99 €1.73

$0.54 PEN 1.83

268.52%

Public Transport Monthly Pass (Regular Price)

$42.32 €36.90

$16.34 PEN 55.6

159.00%

Taxi Start (Normal Tariff)

$5.67 €4.94

$2.23 PEN 7.60

154.26%

Taxi (Normal Tariff) (1km)

$1.52 €1.32

$1.85 PEN 6.29

-17.84%

Taxi 1hour Waiting (Normal Tariff)

$34.94 €30.46

$5.65 PEN 19.22

518.41%

Gasoline (1 liter)

$2.09 €1.83

$1.34 PEN 4.57

55.97%

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

$32.7K €28.5K

$20.0K PEN 68.1K

63.13%

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

$32.9K €28.7K

$24.1K PEN 81.9K

36.68%

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

$227 €198

$46.44 PEN 158

388.24%

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

$13.58 €11.84

$12.01 PEN 40.85

13.07%

Internet (50+ Mbps, Unlimited Data)

$31.57 €27.52

$25.23 PEN 85.8

25.13%

Gym Membership (Monthly)

$57.7 €50.3

$30.13 PEN 102

91.37%

Tennis Court (1 Hour on Weekend)

$25.23 €22.00

$16.63 PEN 56.6

51.71%

Cinema Ticket

$10.59 €9.24

$5.47 PEN 18.62

93.60%

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

$568 €495

$165 PEN 560

244.47%

International Primary School, 1 Child (Yearly)

$10.5K €9,187

$5,607 PEN 19.1K

87.94%

Jeans (Levis 501 Or Similar)

$90.7 €79.0

$47.04 PEN 160

92.73%

Summer Dress (H&M, Zara, etc)

$40.49 €35.30

$30.60 PEN 104

32.32%

Sport Shoes (Adidas, Nike)

$99.8 €87.0

$82.7 PEN 281

20.69%

Men's Leather Business Shoes

$130 €113

$76.3 PEN 260

69.75%

1-bedroom Apartment, City Center (Monthly)

$865 €754

$472 PEN 1,606

83.04%

1-bedroom Apartment, Outside City Center (Monthly)

$672 €586

$266 PEN 904

152.83%

3-bedroom Apartment, City Center (Monthly)

$1,523 €1,328

$831 PEN 2,826

83.32%

3-bedroom Apartment, Outside City Center (Monthly)

$1,078 €940

$484 PEN 1,645

122.96%

Buy Apartment in City Center (m2)

$3,767 €3,284

$2,141 PEN 7,280

75.98%

Buy Apartment Outside City Center (m2)

$2,360 €2,058

$1,208 PEN 4,108

95.36%

Average Monthly Net Salary (After Tax)

$1,949 €1,699

$586 PEN 1,993

232.52%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.41

10.63

-58.51%

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

Last update for Italy: July 27, 2026

Last update for Peru: July 26, 2026

Cost Breakdown

National rent averages: $743 in Italy, $141 in Peru. Capital cities: $1,334 in Rome vs $621 in Lima.

National salary averages: $1,912 in Italy, $537 in Peru. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 427% higher in Italy.

Dining out costs 335% more in Italy.

Public transport is 1000% more expensive in Italy.

Salaries are 256% higher in Italy, 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

Italy vs Peru: Cost of Living - Frequently Asked Questions

At $1,817 per month in Italy and $531 in Peru, there's a 242% 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 Italy 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 Italy 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; Italy may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.