Cost of Living Comparison Between Peru and SpainCost of Living Comparison Between Peru and Spain
Monthly Cost of Living
🙂A single person spends $421 per month in Peru vs $1,642 in Spain, rent included.
🙂A couple spends around $666 per month in Peru vs $2,392 in Spain, rent included.
🙂A family of three spends $911 per month in Peru vs $3,142 in Spain, rent included.
🌍The cost of living in Peru is roughly 74% lower than in Spain on average – the gap runs across housing, groceries, transport, and services.
📊Peru sits 68% below the global median, while Spain is 23% above – they fall on opposite sides of the world average.
Currency
🍽 Eating Out
Peru
Spain
Difference
Meal at Budget Restaurant
$4.16PEN 14.13
$16.06€14.00
-74.10%
Three-Course Dinner for Two, Mid-Range
$27.72PEN 94.3
$56.9€49.57
-51.25%
Fast Food Meal(McDonalds, etc)
$6.15PEN 20.91
$10.30€8.98
-40.29%
Cappuccino
$2.55PEN 8.69
$2.32€2.02
9.91%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$0.90PEN 3.07
$2.60€2.27
-65.38%
Water(0.33 liter bottle)
$0.54PEN 1.85
$1.84€1.60
-70.65%
Local Beer(0.5 liter draught)
$2.26PEN 7.68
$3.43€2.99
-34.11%
Imported Beer(0.33 liter bottle)
$3.97PEN 13.50
$3.97€3.46
-
🛒 Groceries & Markets
Peru
Spain
Difference
Milk(1 liter)
$1.33PEN 4.53
$1.19€1.04
11.76%
White Bread(500g)
$2.38PEN 8.11
$1.52€1.33
56.58%
Rice(white)(1kg)
$1.30PEN 4.41
$1.67€1.46
-22.16%
Eggs
$2.60PEN 8.83
$2.98€2.60
-12.75%
Local Cheese(1kg)
$7.18PEN 24.41
$14.42€12.58
-50.21%
Chicken Fillets(1kg)
$5.41PEN 18.40
$8.59€7.49
-37.02%
Beef Round Steak(1kg)
$8.87PEN 30.15
$15.95€13.91
-44.39%
Apples(1kg)
$1.83PEN 6.21
$2.51€2.19
-27.09%
Banana(1kg)
$1.03PEN 3.49
$2.07€1.81
-50.24%
Oranges(1kg)
$1.00PEN 3.39
$2.04€1.78
-50.98%
Tomato(1kg)
$1.13PEN 3.85
$2.64€2.30
-57.20%
Potato(1kg)
$0.90PEN 3.05
$1.76€1.53
-48.86%
Onion(1kg)
$0.89PEN 3.02
$1.98€1.73
-55.05%
Lettuce(1 head)
$0.71PEN 2.43
$1.35€1.17
-47.41%
Water(1.5 liter bottle)
$0.81PEN 2.74
$0.74€0.65
9.46%
Cigarettes 20 Pack(Marlboro, Camel)
$5.71PEN 19.40
$6.27€5.46
-8.93%
Wine(Bottle)
$7.67PEN 26.07
$5.75€5.01
33.39%
Local Beer(0.5 liter bottle)
$1.77PEN 6.02
$1.30€1.14
36.15%
Imported Beer(0.33 liter bottle)
$2.76PEN 9.40
$2.06€1.80
33.98%
🚌 Getting Around
Peru
Spain
Difference
One-way Ticket(Public Transport)
$0.54PEN 1.83
$1.77€1.54
-69.49%
Public Transport Monthly Pass(Regular Price)
$16.34PEN 55.6
$34.49€30.07
-52.62%
Taxi Start(Normal Tariff)
$2.23PEN 7.60
$4.49€3.91
-50.33%
Taxi(Normal Tariff)(1km)
$1.85PEN 6.29
$1.32€1.15
40.15%
Taxi 1hour Waiting(Normal Tariff)
$5.65PEN 19.22
$27.12€23.64
-79.17%
Gasoline(1 liter)
$1.34PEN 4.57
$1.80€1.57
-25.56%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$20.0KPEN 68.1K
$38.2K€33.3K
-47.62%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.1KPEN 81.9K
$30.8K€26.9K
-21.83%
🧾 Monthly Utilities & Internet
Peru
Spain
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$46.44PEN 158
$149€130
-68.79%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$12.01PEN 40.85
$20.14€17.56
-40.37%
Internet(50+ Mbps, Unlimited Data)
$25.23PEN 85.8
$33.50€29.21
-24.69%
🎉 Sport & Entertainment
Peru
Spain
Difference
Gym Membership(Monthly)
$30.13PEN 102
$46.30€40.37
-34.92%
Tennis Court(1 Hour on Weekend)
$16.63PEN 56.6
$15.61€13.61
6.53%
Cinema Ticket
$5.47PEN 18.62
$9.40€8.20
-41.81%
🧸 Childcare & Education
Peru
Spain
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$165PEN 560
$522€455
-68.44%
International Primary School, 1 Child(Yearly)
$5,607PEN 19.1K
$9,880€8,613
-43.25%
👕👟 Clothing & Footwear
Peru
Spain
Difference
Jeans(Levis 501 Or Similar)
$47.04PEN 160
$88.1€76.8
-46.58%
Summer Dress(H&M, Zara, etc)
$30.60PEN 104
$35.98€31.36
-14.95%
Sport Shoes(Adidas, Nike)
$82.7PEN 281
$89.0€77.6
-7.10%
Men's Leather Business Shoes
$76.3PEN 260
$108€94.2
-29.37%
🏠 Accommodation & Living
Peru
Spain
Difference
1-bedroom Apartment, City Center(Monthly)
$472PEN 1,606
$1,039€906
-54.56%
1-bedroom Apartment, Outside City Center(Monthly)
$266PEN 904
$820€715
-67.55%
3-bedroom Apartment, City Center(Monthly)
$831PEN 2,826
$1,689€1,472
-50.80%
3-bedroom Apartment, Outside City Center(Monthly)
$484PEN 1,645
$1,214€1,058
-60.16%
Buy Apartment in City Center(m2)
$2,141PEN 7,280
$4,301€3,750
-50.23%
Buy Apartment Outside City Center(m2)
$1,208PEN 4,108
$2,604€2,270
-53.61%
💵 Salaries & Financials
Peru
Spain
Difference
Average Monthly Net Salary(After Tax)
$586PEN 1,993
$1,982€1,728
-70.43%
20-Year Fixed Mortgage Interest Rate(Annual %)
10.63
3.51
202.85%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Peru: July 26, 2026
Last update for Spain: July 27, 2026
Cost Breakdown
🏠Average rent: $141 in Peru vs $898 in Spain. For reference, capital cities sit at $621 in Lima and $1,561 in Madrid.
💰Average salary: $537 in Peru vs $1,989 in Spain. The income gap affects purchasing power and how far your budget stretches in each country.
Cost Highlights
⭐Rent is 537% higher in Spain.
⭐Dining out costs 212% more in Spain.
⭐Public transport is 725% more expensive in Spain.
⭐Salaries are 270% higher in Spain.
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 Spain: Cost of Living - Frequently Asked Questions
Which country is cheaper: Peru or Spain?
Peru is the cheaper option – living costs run roughly 312% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.
Is rent more expensive in Peru or in Spain?
Housing costs more in Spain, and the gap is biggest in capital cities. Regional towns show less difference, but Spain consistently has higher rents.
How do daily expenses compare in Peru vs Spain?
Groceries, transport, and utilities all cost less in Peru, contributing to the overall 312% price gap. The savings show up everywhere – from supermarket receipts to monthly bills.
Can you live in both Peru and Spain on $1,000 per month?
$1,000 buys a comfortable lifestyle in Peru, but in Spain it only works with careful planning outside the capital. Same money, very different lives.
Which country is better for expats: Peru or Spain?
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.