Last update: Oct 2026

Cost of Living Comparison Between Peru and Italy

Name: Italy
Address: IT

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.

42

Cost of Living Index in Peru
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Peru Living Index
88

Cost of Living Index in Italy
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Italy Living Index

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🇵🇪 Peru

$878

/mo nomad

🇮🇹 Italy

$1,843

/mo nomad

Monthly Cost of Living

How much you'll spend in Peru and in Italy

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Peru and in Italy actually costs, broken down by who's living it.

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

Peru $878
Italy $1,843

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

Peru $1,380
Italy $2,816

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

Peru $1,883
Italy $3,788

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 Peru costs about 52% less than in Italy on average.

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

Meal at Budget Restaurant

$3.51 PEN 12.16

$20.46 €18.32

-82.84%

Three-Course Dinner for Two, Mid-Range

$27.65 PEN 95.8

$79.5 €71.2

-65.22%

Fast Food Meal (McDonalds, etc)

$6.21 PEN 21.51

$11.15 €9.99

-44.30%

Cappuccino

$3.15 PEN 10.92

$2.04 €1.83

54.41%

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

$0.96 PEN 3.31

$3.10 €2.78

-69.03%

Water (0.33 liter bottle)

$0.51 PEN 1.78

$1.40 €1.25

-63.57%

Local Beer (0.5 liter draught)

$2.28 PEN 7.90

$5.51 €4.94

-58.62%

Imported Beer (0.33 liter bottle)

$3.56 PEN 12.33

$5.74 €5.14

-37.98%

Milk (1 liter)

$1.47 PEN 5.09

$1.57 €1.41

-6.37%

White Bread (500g)

$2.30 PEN 7.97

$2.38 €2.13

-3.36%

Rice (white) (1kg)

$1.38 PEN 4.77

$2.90 €2.60

-52.41%

Eggs

$2.63 PEN 9.12

$4.07 €3.65

-35.38%

Local Cheese (1kg)

$8.28 PEN 28.71

$17.44 €15.62

-52.52%

Chicken Fillets (1kg)

$5.71 PEN 19.79

$12.56 €11.25

-54.54%

Beef Round Steak (1kg)

$9.04 PEN 31.34

$20.17 €18.06

-55.18%

Apples (1kg)

$1.77 PEN 6.15

$2.58 €2.31

-31.40%

Banana (1kg)

$1.09 PEN 3.78

$2.19 €1.96

-50.23%

Oranges (1kg)

$1.31 PEN 4.53

$2.68 €2.40

-51.12%

Tomato (1kg)

$1.21 PEN 4.21

$3.27 €2.93

-63.00%

Potato (1kg)

$0.89 PEN 3.08

$1.90 €1.70

-53.16%

Onion (1kg)

$0.86 PEN 2.97

$1.82 €1.63

-52.75%

Lettuce (1 head)

$0.77 PEN 2.67

$1.57 €1.40

-50.96%

Water (1.5 liter bottle)

$0.84 PEN 2.92

$0.55 €0.49

52.73%

Cigarettes 20 Pack (Marlboro, Camel)

$5.63 PEN 19.50

$6.69 €5.99

-15.84%

Wine (Bottle)

$7.65 PEN 26.53

$7.99 €7.15

-4.26%

Local Beer (0.5 liter bottle)

$1.99 PEN 6.91

$1.77 €1.59

12.43%

Imported Beer (0.33 liter bottle)

$3.02 PEN 10.48

$2.35 €2.11

28.51%

One-way Ticket (Public Transport)

$0.61 PEN 2.10

$1.91 €1.71

-68.06%

Public Transport Monthly Pass (Regular Price)

$27.39 PEN 94.9

$43.44 €38.90

-36.95%

Taxi Start (Normal Tariff)

$2.34 PEN 8.10

$5.62 €5.03

-58.36%

Taxi (Normal Tariff) (1km)

$2.05 PEN 7.11

$1.71 €1.54

19.88%

Taxi 1hour Waiting (Normal Tariff)

$7.01 PEN 24.30

$33.64 €30.12

-79.16%

Gasoline (1 liter)

$1.64 PEN 5.69

$2.03 €1.82

-19.21%

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

$22.1K PEN 76.7K

$35.3K €31.6K

-37.35%

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

$27.6K PEN 95.8K

$36.7K €32.9K

-24.77%

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

$54.9 PEN 190

$227 €203

-75.77%

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

$13.37 PEN 46.33

$11.59 €10.38

15.36%

Internet (50+ Mbps, Unlimited Data)

$25.55 PEN 88.6

$30.38 €27.21

-15.90%

Gym Membership (Monthly)

$31.24 PEN 108

$51.8 €46.37

-39.66%

Tennis Court (1 Hour on Weekend)

$16.62 PEN 57.6

$23.70 €21.22

-29.87%

Cinema Ticket

$5.93 PEN 20.56

$10.60 €9.50

-44.06%

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

$207 PEN 719

$568 €508

-63.47%

International Primary School, 1 Child (Yearly)

$11.2K PEN 38.7K

$11.5K €10.3K

-3.03%

Jeans (Levis 501 Or Similar)

$49.87 PEN 173

$90.5 €81.1

-44.91%

Summer Dress (H&M, Zara, etc)

$30.02 PEN 104

$38.55 €34.53

-22.13%

Sport Shoes (Adidas, Nike)

$72.2 PEN 250

$103 €91.9

-29.70%

Men's Leather Business Shoes

$71.1 PEN 246

$131 €117

-45.73%

1-bedroom Apartment, City Center (Monthly)

$514 PEN 1,782

$826 €739

-37.73%

1-bedroom Apartment, Outside City Center (Monthly)

$279 PEN 967

$646 €579

-56.81%

3-bedroom Apartment, City Center (Monthly)

$899 PEN 3,118

$1,400 €1,254

-35.76%

3-bedroom Apartment, Outside City Center (Monthly)

$536 PEN 1,856

$1,054 €944

-49.21%

Buy Apartment in City Center (m2)

$2,247 PEN 7,787

$3,662 €3,280

-38.65%

Buy Apartment Outside City Center (m2)

$1,310 PEN 4,542

$2,301 €2,061

-43.05%

Average Monthly Net Salary (After Tax)

$575 PEN 1,993

$1,886 €1,689

-69.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.66

3.56

171.35%

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

Last update for Peru: October 27, 2026

Last update for Italy: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Peru

$279 31.8%

Italy

$646 35.1% 132% $367

Groceries & Markets

Peru

$210 23.9%

Italy

$348 18.9% 65.8% $138

Eating Out

Peru

$109 12.4%

Italy

$279 15.1% 156% $170

Clothing & Footwear

Peru

$100 11.4%

Italy

$163 8.9% 62.6% $63

Monthly Utilities & Internet

Peru

$94 10.7%

Italy

$269 14.6% 186% $175

Sport & Entertainment

Peru

$43 4.9%

Italy

$73 4% 69.3% $30

Getting Around

Peru

$42 4.8%

Italy

$65 3.5% 53.9% $23

Cost Breakdown

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

National salary averages: $522 in Peru, $1,890 in Italy. 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

🇵🇪 Peru

🇮🇹 Italy

🕒 Local time

21:46 9:46 PM

03:46 3:46 AM

6 h ahead of Peru

🌤 Weather

👥 Population

33,726,000

58,850,717

💱 Currency

Peruvian Sol PEN S/

Euro EUR €

📈 Exchange rate

1 PEN = 0.289 USD

1 PEN = 0.258 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to PEN – Peruvian Sol Converter

🇺🇸 United States Dollar ($)

🇵🇪 Peruvian Sol (S/)

Peruvian Sol exchange rates as of November 1, 2026: 1 USD = 3.47 PEN (1 PEN = 0.289 USD). 1 EUR = 3.87 PEN (1 PEN = 0.258 EUR).

Euro exchange rates as of November 1, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

USD to PEN in detail →

On the map

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Between locations

Peru Italy 10,860 km ≈ 14 h nonstop flight

From you

Peru
Italy

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

Peru vs Italy: 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.