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

Name: Italy
Address: IT

Monthly Cost of Living

Monthly costs for one person with rent: $506 in Peru versus $1,782 in Italy.

Estimated couple costs with rent: $792 in Peru versus $2,722 in Italy.

Monthly costs for a family of three with rent: $1,078 in Peru versus $3,662 in Italy.

Living in Peru costs about 72% less than in Italy on average.

Peru (63% below) and Italy (30% above) straddle the global median.

Meal at Budget Restaurant

$3.48 PEN 11.67

$21.07 €18.26

-83.48%

Three-Course Dinner for Two, Mid-Range

$29.90 PEN 100

$81.0 €70.2

-63.10%

Fast Food Meal (McDonalds, etc)

$6.63 PEN 22.24

$11.50 €9.96

-42.35%

Cappuccino

$3.18 PEN 10.67

$2.10 €1.82

51.43%

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

$0.96 PEN 3.22

$3.07 €2.66

-68.73%

Water (0.33 liter bottle)

$0.56 PEN 1.89

$1.44 €1.25

-61.11%

Local Beer (0.5 liter draught)

$2.35 PEN 7.88

$5.86 €5.08

-59.90%

Imported Beer (0.33 liter bottle)

$3.53 PEN 11.83

$5.72 €4.96

-38.29%

Milk (1 liter)

$1.54 PEN 5.17

$1.59 €1.38

-3.14%

White Bread (500g)

$2.41 PEN 8.08

$2.41 €2.09

Rice (white) (1kg)

$1.33 PEN 4.46

$2.99 €2.60

-55.52%

Eggs

$2.77 PEN 9.28

$4.34 €3.76

-36.18%

Local Cheese (1kg)

$8.07 PEN 27.06

$17.62 €15.27

-54.20%

Chicken Fillets (1kg)

$5.96 PEN 19.98

$12.69 €10.99

-53.03%

Beef Round Steak (1kg)

$9.21 PEN 30.87

$20.80 €18.02

-55.72%

Apples (1kg)

$1.78 PEN 5.96

$2.61 €2.26

-31.80%

Banana (1kg)

$1.06 PEN 3.54

$2.14 €1.86

-50.47%

Oranges (1kg)

$1.21 PEN 4.05

$2.79 €2.42

-56.63%

Tomato (1kg)

$1.28 PEN 4.31

$3.37 €2.92

-62.02%

Potato (1kg)

$0.96 PEN 3.21

$2.04 €1.77

-52.94%

Onion (1kg)

$0.88 PEN 2.95

$1.96 €1.70

-55.10%

Lettuce (1 head)

$0.83 PEN 2.79

$1.56 €1.35

-46.79%

Water (1.5 liter bottle)

$0.87 PEN 2.91

$0.53 €0.46

64.15%

Cigarettes 20 Pack (Marlboro, Camel)

$5.79 PEN 19.41

$6.84 €5.93

-15.35%

Wine (Bottle)

$7.86 PEN 26.36

$7.71 €6.68

1.95%

Local Beer (0.5 liter bottle)

$2.05 PEN 6.86

$1.86 €1.61

10.22%

Imported Beer (0.33 liter bottle)

$2.94 PEN 9.85

$2.49 €2.16

18.07%

One-way Ticket (Public Transport)

$0.63 PEN 2.10

$1.91 €1.66

-67.02%

Public Transport Monthly Pass (Regular Price)

$24.23 PEN 81.2

$44.16 €38.27

-45.13%

Taxi Start (Normal Tariff)

$2.42 PEN 8.10

$5.87 €5.09

-58.77%

Taxi (Normal Tariff) (1km)

$2.14 PEN 7.17

$1.70 €1.48

25.88%

Taxi 1hour Waiting (Normal Tariff)

$5.91 PEN 19.82

$35.16 €30.47

-83.19%

Gasoline (1 liter)

$1.56 PEN 5.23

$2.11 €1.83

-26.07%

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

$22.2K PEN 74.3K

$36.9K €32.0K

-40.01%

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

$25.5K PEN 85.3K

$36.5K €31.6K

-30.18%

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

$55.4 PEN 186

$229 €199

-75.88%

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

$14.12 PEN 47.33

$12.09 €10.48

16.79%

Internet (50+ Mbps, Unlimited Data)

$26.52 PEN 88.9

$31.57 €27.36

-16.00%

Gym Membership (Monthly)

$31.03 PEN 104

$54.1 €46.90

-42.66%

Tennis Court (1 Hour on Weekend)

$17.90 PEN 60.0

$24.51 €21.24

-26.97%

Cinema Ticket

$5.92 PEN 19.84

$10.78 €9.34

-45.08%

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

$162 PEN 544

$562 €487

-71.14%

International Primary School, 1 Child (Yearly)

$11.6K PEN 38.8K

$12.2K €10.6K

-5.44%

Jeans (Levis 501 Or Similar)

$51.1 PEN 171

$94.3 €81.7

-45.81%

Summer Dress (H&M, Zara, etc)

$30.22 PEN 101

$40.72 €35.29

-25.79%

Sport Shoes (Adidas, Nike)

$76.1 PEN 255

$104 €90.2

-26.90%

Men's Leather Business Shoes

$71.8 PEN 241

$136 €118

-47.33%

1-bedroom Apartment, City Center (Monthly)

$499 PEN 1,673

$832 €721

-39.98%

1-bedroom Apartment, Outside City Center (Monthly)

$256 PEN 859

$646 €560

-60.38%

3-bedroom Apartment, City Center (Monthly)

$874 PEN 2,930

$1,450 €1,256

-39.72%

3-bedroom Apartment, Outside City Center (Monthly)

$479 PEN 1,605

$1,081 €937

-55.73%

Buy Apartment in City Center (m2)

$2,253 PEN 7,554

$3,816 €3,307

-40.96%

Buy Apartment Outside City Center (m2)

$1,239 PEN 4,155

$2,312 €2,003

-46.40%

Average Monthly Net Salary (After Tax)

$586 PEN 1,963

$1,954 €1,693

-70.03%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.6

3.57

168.91%

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

Last update for Peru: September 14, 2026

Last update for Italy: September 13, 2026

Cost Breakdown

National rent averages: $197 in Peru, $748 in Italy. Capital cities: $764 in Lima vs $1,238 in Rome.

National salary averages: $544 in Peru, $1,958 in Italy. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 280% higher in Italy.

Dining out costs 241% more in Italy.

Public transport is 425% more expensive in Italy.

Salaries are 260% higher in Italy.

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 Italy: Cost of Living - Frequently Asked Questions

At $1,913 per month in Italy and $572 in Peru, there's a 234% 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.