Cost of Living Comparison Between Peru and ColombiaCost of Living Comparison Between Peru and Colombia
Monthly Cost of Living
🙂A single person spends $506 per month in Peru vs $1,259 in Colombia, rent included.
🙂A couple spends around $792 per month in Peru vs $1,978 in Colombia, rent included.
🙂A family of three spends $1,078 per month in Peru vs $2,697 in Colombia, rent included.
🌍The cost of living in Peru is roughly 60% lower than in Colombia on average – the gap runs across housing, groceries, transport, and services.
📊Both Peru and Colombia are more affordable than the global median – Peru 63% lower, Colombia 8% lower.
Currency
🍽 Eating Out
Peru
Colombia
Difference
Meal at Budget Restaurant
$3.48PEN 11.67
$8.27COP 25.7K
-57.92%
Three-Course Dinner for Two, Mid-Range
$29.90PEN 100
$45.33COP 140.8K
-34.04%
Fast Food Meal(McDonalds, etc)
$6.63PEN 22.24
$9.87COP 30.7K
-32.83%
Cappuccino
$3.18PEN 10.67
$2.82COP 8,751
12.77%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$0.96PEN 3.22
$1.40COP 4,345
-31.43%
Water(0.33 liter bottle)
$0.56PEN 1.89
$0.98COP 3,044
-42.86%
Local Beer(0.5 liter draught)
$2.35PEN 7.88
$2.29COP 7,120
2.62%
Imported Beer(0.33 liter bottle)
$3.53PEN 11.83
$4.21COP 13.1K
-16.15%
🛒 Groceries & Markets
Peru
Colombia
Difference
Milk(1 liter)
$1.54PEN 5.17
$1.57COP 4,884
-1.91%
White Bread(500g)
$2.41PEN 8.08
$2.27COP 7,056
6.17%
Rice(white)(1kg)
$1.33PEN 4.46
$1.65COP 5,136
-19.39%
Eggs
$2.77PEN 9.28
$3.15COP 9,801
-12.06%
Local Cheese(1kg)
$8.07PEN 27.06
$7.98COP 24.8K
1.13%
Chicken Fillets(1kg)
$5.96PEN 19.98
$9.02COP 28.0K
-33.92%
Beef Round Steak(1kg)
$9.21PEN 30.87
$11.75COP 36.5K
-21.62%
Apples(1kg)
$1.78PEN 5.96
$3.64COP 11.3K
-51.10%
Banana(1kg)
$1.06PEN 3.54
$1.60COP 4,958
-33.75%
Oranges(1kg)
$1.21PEN 4.05
$1.91COP 5,927
-36.65%
Tomato(1kg)
$1.28PEN 4.31
$1.93COP 5,998
-33.68%
Potato(1kg)
$0.96PEN 3.21
$1.56COP 4,853
-38.46%
Onion(1kg)
$0.88PEN 2.95
$1.43COP 4,446
-38.46%
Lettuce(1 head)
$0.83PEN 2.79
$1.26COP 3,911
-34.13%
Water(1.5 liter bottle)
$0.87PEN 2.91
$1.17COP 3,647
-25.64%
Cigarettes 20 Pack(Marlboro, Camel)
$5.79PEN 19.41
$4.18COP 13.0K
38.52%
Wine(Bottle)
$7.86PEN 26.36
$13.18COP 41.0K
-40.36%
Local Beer(0.5 liter bottle)
$2.05PEN 6.86
$1.45COP 4,520
41.38%
Imported Beer(0.33 liter bottle)
$2.94PEN 9.85
$2.81COP 8,735
4.63%
🚌 Getting Around
Peru
Colombia
Difference
One-way Ticket(Public Transport)
$0.63PEN 2.10
$1.17COP 3,632
-46.15%
Public Transport Monthly Pass(Regular Price)
$24.23PEN 81.2
$64.5COP 200.4K
-62.43%
Taxi Start(Normal Tariff)
$2.42PEN 8.10
$2.31COP 7,164
4.76%
Taxi(Normal Tariff)(1km)
$2.14PEN 7.17
$2.09COP 6,481
2.39%
Taxi 1hour Waiting(Normal Tariff)
$5.91PEN 19.82
$8.41COP 26.1K
-29.73%
Gasoline(1 liter)
$1.56PEN 5.23
$1.38COP 4,292
13.04%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$22.2KPEN 74.3K
$27.9KCOP 86.8M
-20.72%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.5KPEN 85.3K
$35.4KCOP 110.1M
-28.16%
🧾 Monthly Utilities & Internet
Peru
Colombia
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$55.4PEN 186
$136COP 423.9K
-59.43%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$14.12PEN 47.33
$14.38COP 44.7K
-1.81%
Internet(50+ Mbps, Unlimited Data)
$26.52PEN 88.9
$29.24COP 90.8K
-9.30%
🎉 Sport & Entertainment
Peru
Colombia
Difference
Gym Membership(Monthly)
$31.03PEN 104
$36.65COP 113.9K
-15.33%
Tennis Court(1 Hour on Weekend)
$17.90PEN 60.0
$17.32COP 53.8K
3.35%
Cinema Ticket
$5.92PEN 19.84
$6.54COP 20.3K
-9.48%
🧸 Childcare & Education
Peru
Colombia
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$162PEN 544
$685COP 2.1M
-76.30%
International Primary School, 1 Child(Yearly)
$11.6KPEN 38.8K
$8,661COP 26.9M
33.56%
👕👟 Clothing & Footwear
Peru
Colombia
Difference
Jeans(Levis 501 Or Similar)
$51.1PEN 171
$77.4COP 240.4K
-33.98%
Summer Dress(H&M, Zara, etc)
$30.22PEN 101
$54.8COP 170.2K
-44.84%
Sport Shoes(Adidas, Nike)
$76.1PEN 255
$140COP 436.0K
-45.81%
Men's Leather Business Shoes
$71.8PEN 241
$108COP 336.1K
-33.61%
🏠 Accommodation & Living
Peru
Colombia
Difference
1-bedroom Apartment, City Center(Monthly)
$499PEN 1,673
$696COP 2.2M
-28.28%
1-bedroom Apartment, Outside City Center(Monthly)
$256PEN 859
$451COP 1.4M
-43.26%
3-bedroom Apartment, City Center(Monthly)
$874PEN 2,930
$1,343COP 4.2M
-34.92%
3-bedroom Apartment, Outside City Center(Monthly)
$479PEN 1,605
$871COP 2.7M
-45.04%
Buy Apartment in City Center(m2)
$2,253PEN 7,554
$2,637COP 8.2M
-14.56%
Buy Apartment Outside City Center(m2)
$1,239PEN 4,155
$1,574COP 4.9M
-21.27%
💵 Salaries & Financials
Peru
Colombia
Difference
Average Monthly Net Salary(After Tax)
$586PEN 1,963
$618COP 1.9M
-5.26%
20-Year Fixed Mortgage Interest Rate(Annual %)
9.6
12.51
-23.26%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Peru: September 14, 2026
Last update for Colombia: September 14, 2026
Cost Breakdown
🏠Average rent: $197 in Peru vs $674 in Colombia. For reference, capital cities sit at $764 in Lima and $720 in Bogota.
💰Average salary: $544 in Peru vs $653 in Colombia. The income gap affects purchasing power and how far your budget stretches in each country.
Cost Highlights
⭐Rent is 242% higher in Colombia.
⭐Dining out costs 91% more in Colombia.
⭐Public transport is 88% more expensive in Colombia.
⭐Salaries are 20% higher in Colombia, 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
Peru vs Colombia: Cost of Living - Frequently Asked Questions
Which country is cheaper: Colombia or Peru?
Peru is the cheaper option – living costs run roughly 114% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.
Is rent more expensive in Colombia or in 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 114% 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.