Cost of Living Comparison Between Peru and Spain Cost of Living Comparison Between Peru and Spain

Monthly Cost of Living

A single person spends $506 per month in Peru vs $1,686 in Spain, rent included.

A couple spends around $792 per month in Peru vs $2,489 in Spain, rent included.

A family of three spends $1,078 per month in Peru vs $3,291 in Spain, rent included.

The cost of living in Peru is roughly 70% lower than in Spain on average – the gap runs across housing, groceries, transport, and services.

Peru sits 63% 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
$3.48 PEN 11.67
$17.13 €14.85
-79.68%
Three-Course Dinner for Two, Mid-Range
$29.90 PEN 100
$57.2 €49.59
-47.75%
Fast Food Meal (McDonalds, etc)
$6.63 PEN 22.24
$11.60 €10.06
-42.84%
Cappuccino
$3.18 PEN 10.67
$2.40 €2.08
32.50%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.96 PEN 3.22
$2.73 €2.36
-64.84%
Water (0.33 liter bottle)
$0.56 PEN 1.89
$1.89 €1.64
-70.37%
Local Beer (0.5 liter draught)
$2.35 PEN 7.88
$3.57 €3.10
-34.17%
Imported Beer (0.33 liter bottle)
$3.53 PEN 11.83
$3.96 €3.43
-10.86%
🛒 Groceries & Markets
Peru
Spain
Difference
Milk (1 liter)
$1.54 PEN 5.17
$1.26 €1.09
22.22%
White Bread (500g)
$2.41 PEN 8.08
$1.54 €1.33
56.49%
Rice (white) (1kg)
$1.33 PEN 4.46
$1.63 €1.41
-18.40%
Eggs
$2.77 PEN 9.28
$3.44 €2.98
-19.48%
Local Cheese (1kg)
$8.07 PEN 27.06
$14.42 €12.50
-44.04%
Chicken Fillets (1kg)
$5.96 PEN 19.98
$8.89 €7.71
-32.96%
Beef Round Steak (1kg)
$9.21 PEN 30.87
$16.49 €14.29
-44.15%
Apples (1kg)
$1.78 PEN 5.96
$2.49 €2.16
-28.51%
Banana (1kg)
$1.06 PEN 3.54
$2.13 €1.85
-50.23%
Oranges (1kg)
$1.21 PEN 4.05
$2.22 €1.93
-45.50%
Tomato (1kg)
$1.28 PEN 4.31
$2.54 €2.20
-49.61%
Potato (1kg)
$0.96 PEN 3.21
$1.81 €1.57
-46.96%
Onion (1kg)
$0.88 PEN 2.95
$2.00 €1.73
-56.00%
Lettuce (1 head)
$0.83 PEN 2.79
$1.35 €1.17
-38.52%
Water (1.5 liter bottle)
$0.87 PEN 2.91
$0.76 €0.66
14.47%
Cigarettes 20 Pack (Marlboro, Camel)
$5.79 PEN 19.41
$6.91 €5.98
-16.21%
Wine (Bottle)
$7.86 PEN 26.36
$5.72 €4.95
37.41%
Local Beer (0.5 liter bottle)
$2.05 PEN 6.86
$1.32 €1.15
55.30%
Imported Beer (0.33 liter bottle)
$2.94 PEN 9.85
$2.13 €1.85
38.03%
🚌 Getting Around
Peru
Spain
Difference
One-way Ticket (Public Transport)
$0.63 PEN 2.10
$1.71 €1.49
-63.16%
Public Transport Monthly Pass (Regular Price)
$24.23 PEN 81.2
$35.14 €30.45
-31.05%
Taxi Start (Normal Tariff)
$2.42 PEN 8.10
$4.66 €4.04
-48.07%
Taxi (Normal Tariff) (1km)
$2.14 PEN 7.17
$1.54 €1.34
38.96%
Taxi 1hour Waiting (Normal Tariff)
$5.91 PEN 19.82
$25.59 €22.17
-76.91%
Gasoline (1 liter)
$1.56 PEN 5.23
$1.76 €1.53
-11.36%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$22.2K PEN 74.3K
$36.2K €31.4K
-38.82%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.5K PEN 85.3K
$30.2K €26.2K
-15.71%
🧾 Monthly Utilities & Internet
Peru
Spain
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$55.4 PEN 186
$155 €134
-64.18%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$14.12 PEN 47.33
$18.12 €15.70
-22.08%
Internet (50+ Mbps, Unlimited Data)
$26.52 PEN 88.9
$32.66 €28.30
-18.80%
🎉 Sport & Entertainment
Peru
Spain
Difference
Gym Membership (Monthly)
$31.03 PEN 104
$46.15 €39.99
-32.76%
Tennis Court (1 Hour on Weekend)
$17.90 PEN 60.0
$15.65 €13.56
14.38%
Cinema Ticket
$5.92 PEN 19.84
$10.01 €8.67
-40.86%
🧸 Childcare & Education
Peru
Spain
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$162 PEN 544
$560 €486
-71.03%
International Primary School, 1 Child (Yearly)
$11.6K PEN 38.8K
$10.7K €9,299
7.81%
👕👟 Clothing & Footwear
Peru
Spain
Difference
Jeans (Levis 501 Or Similar)
$51.1 PEN 171
$87.1 €75.5
-41.36%
Summer Dress (H&M, Zara, etc)
$30.22 PEN 101
$38.45 €33.32
-21.40%
Sport Shoes (Adidas, Nike)
$76.1 PEN 255
$91.9 €79.6
-17.24%
Men's Leather Business Shoes
$71.8 PEN 241
$108 €93.8
-33.66%
🏠 Accommodation & Living
Peru
Spain
Difference
1-bedroom Apartment, City Center (Monthly)
$499 PEN 1,673
$1,042 €903
-52.10%
1-bedroom Apartment, Outside City Center (Monthly)
$256 PEN 859
$814 €705
-68.52%
3-bedroom Apartment, City Center (Monthly)
$874 PEN 2,930
$1,627 €1,410
-46.30%
3-bedroom Apartment, Outside City Center (Monthly)
$479 PEN 1,605
$1,246 €1,080
-61.59%
Buy Apartment in City Center (m2)
$2,253 PEN 7,554
$4,266 €3,697
-47.18%
Buy Apartment Outside City Center (m2)
$1,239 PEN 4,155
$2,607 €2,259
-52.47%
💵 Salaries & Financials
Peru
Spain
Difference
Average Monthly Net Salary (After Tax)
$586 PEN 1,963
$2,046 €1,773
-71.38%
20-Year Fixed Mortgage Interest Rate (Annual %)
9.6
3.29
191.79%

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

Last update for Peru: September 14, 2026

Last update for Spain: September 14, 2026

Cost Breakdown

Average rent: $197 in Peru vs $932 in Spain. For reference, capital cities sit at $764 in Lima and $1,567 in Madrid.

Average salary: $544 in Peru vs $2,029 in Spain. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 373% higher in Spain.

Dining out costs 168% more in Spain.

Public transport is 288% more expensive in Spain.

Salaries are 273% higher in Spain, and purchasing power comes out stronger 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 218% 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 218% 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.

Peru vs other spots: cost of living compared

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