Last update: Oct 2026

Cost of Living Comparison Between Peru and Spain

Name: Spain
Address: ES

For one person, living is cheaper in Peru: $878 a month against $1,775 in Spain, rent and utilities included – about $10,800 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
86

Cost of Living Index in Spain
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Spain Living Index

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🇵🇪 Peru

$878

/mo nomad

🇪🇸 Spain

$1,775

/mo nomad

Monthly Cost of Living

How much you'll spend in Peru and in Spain

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 Spain actually costs, broken down by who's living it.

A single person spends $878 per month in Peru vs $1,775 in Spain, rent included.

Peru $878
Spain $1,775

A couple spends around $1,380 per month in Peru vs $2,606 in Spain, rent included.

Peru $1,380
Spain $2,606

A family of three spends $1,883 per month in Peru vs $3,438 in Spain, rent included.

Peru $1,883
Spain $3,438

The regional cost range is wider in Spain ($931–$2,610) than in Peru ($20–$1,108), so city choice matters more there.

The cost of living in Peru is roughly 51% lower than in Spain on average.

Peru sits 36% below the global median, while Spain is 30% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$3.51 PEN 12.16

$16.69 €14.95

-78.97%

Three-Course Dinner for Two, Mid-Range

$27.65 PEN 95.8

$55.7 €49.88

-50.36%

Fast Food Meal (McDonalds, etc)

$6.21 PEN 21.51

$11.37 €10.18

-45.38%

Cappuccino

$3.15 PEN 10.92

$2.42 €2.16

30.17%

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

$0.96 PEN 3.31

$2.68 €2.40

-64.18%

Water (0.33 liter bottle)

$0.51 PEN 1.78

$1.79 €1.60

-71.51%

Local Beer (0.5 liter draught)

$2.28 PEN 7.90

$3.42 €3.07

-33.33%

Imported Beer (0.33 liter bottle)

$3.56 PEN 12.33

$3.88 €3.47

-8.25%

Milk (1 liter)

$1.47 PEN 5.09

$1.20 €1.07

22.50%

White Bread (500g)

$2.30 PEN 7.97

$1.48 €1.33

55.41%

Rice (white) (1kg)

$1.38 PEN 4.77

$1.67 €1.50

-17.37%

Eggs

$2.63 PEN 9.12

$3.42 €3.06

-23.10%

Local Cheese (1kg)

$8.28 PEN 28.71

$14.17 €12.69

-41.57%

Chicken Fillets (1kg)

$5.71 PEN 19.79

$8.33 €7.46

-31.45%

Beef Round Steak (1kg)

$9.04 PEN 31.34

$16.20 €14.51

-44.20%

Apples (1kg)

$1.77 PEN 6.15

$2.45 €2.20

-27.76%

Banana (1kg)

$1.09 PEN 3.78

$2.03 €1.82

-46.31%

Oranges (1kg)

$1.31 PEN 4.53

$2.08 €1.86

-37.02%

Tomato (1kg)

$1.21 PEN 4.21

$2.58 €2.31

-53.10%

Potato (1kg)

$0.89 PEN 3.08

$1.83 €1.64

-51.37%

Onion (1kg)

$0.86 PEN 2.97

$2.00 €1.79

-57.00%

Lettuce (1 head)

$0.77 PEN 2.67

$1.31 €1.17

-41.22%

Water (1.5 liter bottle)

$0.84 PEN 2.92

$0.77 €0.69

9.09%

Cigarettes 20 Pack (Marlboro, Camel)

$5.63 PEN 19.50

$6.36 €5.70

-11.48%

Wine (Bottle)

$7.65 PEN 26.53

$5.64 €5.05

35.64%

Local Beer (0.5 liter bottle)

$1.99 PEN 6.91

$1.30 €1.17

53.08%

Imported Beer (0.33 liter bottle)

$3.02 PEN 10.48

$2.09 €1.87

44.50%

One-way Ticket (Public Transport)

$0.61 PEN 2.10

$1.64 €1.47

-62.80%

Public Transport Monthly Pass (Regular Price)

$27.39 PEN 94.9

$32.91 €29.48

-16.77%

Taxi Start (Normal Tariff)

$2.34 PEN 8.10

$4.43 €3.96

-47.18%

Taxi (Normal Tariff) (1km)

$2.05 PEN 7.11

$1.47 €1.31

39.46%

Taxi 1hour Waiting (Normal Tariff)

$7.01 PEN 24.30

$24.98 €22.38

-71.94%

Gasoline (1 liter)

$1.64 PEN 5.69

$1.77 €1.59

-7.34%

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

$22.1K PEN 76.7K

$35.5K €31.8K

-37.73%

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

$27.6K PEN 95.8K

$30.6K €27.4K

-9.69%

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

$54.9 PEN 190

$149 €134

-63.22%

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

$13.37 PEN 46.33

$17.67 €15.83

-24.34%

Internet (50+ Mbps, Unlimited Data)

$25.55 PEN 88.6

$31.88 €28.55

-19.86%

Gym Membership (Monthly)

$31.24 PEN 108

$44.24 €39.62

-29.39%

Tennis Court (1 Hour on Weekend)

$16.62 PEN 57.6

$15.29 €13.70

8.70%

Cinema Ticket

$5.93 PEN 20.56

$9.66 €8.65

-38.61%

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

$207 PEN 719

$544 €487

-61.90%

International Primary School, 1 Child (Yearly)

$11.2K PEN 38.7K

$10.6K €9,499

5.36%

Jeans (Levis 501 Or Similar)

$49.87 PEN 173

$84.9 €76.0

-41.26%

Summer Dress (H&M, Zara, etc)

$30.02 PEN 104

$37.11 €33.24

-19.11%

Sport Shoes (Adidas, Nike)

$72.2 PEN 250

$89.2 €79.9

-19.09%

Men's Leather Business Shoes

$71.1 PEN 246

$106 €94.7

-32.77%

1-bedroom Apartment, City Center (Monthly)

$514 PEN 1,782

$1,056 €946

-51.34%

1-bedroom Apartment, Outside City Center (Monthly)

$279 PEN 967

$808 €723

-65.45%

3-bedroom Apartment, City Center (Monthly)

$899 PEN 3,118

$1,621 €1,452

-44.51%

3-bedroom Apartment, Outside City Center (Monthly)

$536 PEN 1,856

$1,246 €1,116

-57.03%

Buy Apartment in City Center (m2)

$2,247 PEN 7,787

$4,135 €3,704

-45.67%

Buy Apartment Outside City Center (m2)

$1,310 PEN 4,542

$2,633 €2,358

-50.22%

Average Monthly Net Salary (After Tax)

$575 PEN 1,993

$1,999 €1,790

-71.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.66

3.3

192.73%

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

Last update for Peru: October 27, 2026

Last update for Spain: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Peru

$279 31.8%

Spain

$808 45.5% 189% $529

Groceries & Markets

Peru

$210 23.9%

Spain

$272 15.3% 29.4% $62

Eating Out

Peru

$109 12.4%

Spain

$239 13.5% 120% $130

Clothing & Footwear

Peru

$100 11.4%

Spain

$143 8% 42% $42

Monthly Utilities & Internet

Peru

$94 10.7%

Spain

$199 11.2% 112% $105

Sport & Entertainment

Peru

$43 4.9%

Spain

$64 3.6% 47.5% $20

Getting Around

Peru

$42 4.8%

Spain

$51 2.9% 20.8% $8.8

Cost Breakdown

Average rent: $339 in Peru vs $920 in Spain. For reference, capital cities sit at $734 in Lima and $1,508 in Madrid.

Average salary: $522 in Peru vs $1,972 in Spain. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 171% higher in Spain.

Dining out costs 111% more in Spain.

Public transport is 24% more expensive in Spain.

Salaries are about 3.8 times higher in Spain, and purchasing power comes out stronger in Spain.

Good to know

🇵🇪 Peru

🇪🇸 Spain

🕒 Local time

09:58 9:58 AM

15:58 3:58 PM

6 h ahead of Peru

🌤 Weather

👥 Population

33,726,000

47,415,750

💱 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 October 31, 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 October 31, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

USD to PEN in detail →

On the map

Lowest

Highest

Between locations

Peru Spain 9,510 km ≈ 12 h nonstop flight

From you

Peru
Spain

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 Spain: Cost of Living - Frequently Asked Questions

Peru is the cheaper option – living costs run roughly 51% lower on average.

Housing costs more in Spain: a central one-bedroom averages $920 versus $339 in Peru.

Groceries, public transport, and eating out all cost less in Peru – part of why living there is about 51% cheaper overall.

Peru is the budget-friendly choice for expats. But cost isn’t everything: visa policies, language, healthcare quality, and job markets all weigh in too.