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

Monthly Cost of Living

A single person spends $422 per month in Peru vs $1,642 in Spain, rent included.

A couple spends around $670 per month in Peru vs $2,399 in Spain, rent included.

A family of three spends $917 per month in Peru vs $3,155 in Spain, rent included.

Peru is roughly 74% cheaper than Spain on average – the gap runs across housing, groceries, transport, and services.

Peru sits 69% below the global median, while Spain is 22% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Peru
Spain
Difference
Meal at Budget Restaurant
$4.28 PEN 14.56
$15.98 €13.81
-73.22%
Three-Course Dinner for Two, Mid-Range
$27.37 PEN 93.1
$57.6 €49.77
-52.48%
Fast Food Meal (McDonalds, etc)
$6.21 PEN 21.11
$10.27 €8.88
-39.53%
Cappuccino
$2.61 PEN 8.87
$2.38 €2.05
9.66%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.83 PEN 2.83
$2.58 €2.23
-67.83%
Water (0.33 liter bottle)
$0.54 PEN 1.85
$1.83 €1.59
-70.49%
Local Beer (0.5 liter draught)
$2.20 PEN 7.49
$3.54 €3.06
-37.85%
Imported Beer (0.33 liter bottle)
$3.84 PEN 13.06
$4.09 €3.53
-6.11%
🛒 Groceries & Markets
Peru
Spain
Difference
Milk (1 liter)
$1.34 PEN 4.54
$1.22 €1.06
9.84%
White Bread (500g)
$2.42 PEN 8.23
$1.53 €1.32
58.17%
Rice (white) (1kg)
$1.28 PEN 4.35
$1.60 €1.39
-20.00%
Eggs
$2.58 PEN 8.78
$2.93 €2.53
-11.95%
Local Cheese (1kg)
$7.14 PEN 24.29
$14.33 €12.38
-50.17%
Chicken Fillets (1kg)
$5.34 PEN 18.16
$8.31 €7.18
-35.74%
Beef Round Steak (1kg)
$9.21 PEN 31.32
$15.62 €13.50
-41.04%
Apples (1kg)
$1.73 PEN 5.88
$2.53 €2.18
-31.62%
Banana (1kg)
$1.02 PEN 3.46
$1.99 €1.72
-48.74%
Oranges (1kg)
$1.04 PEN 3.53
$2.11 €1.83
-50.71%
Tomato (1kg)
$1.09 PEN 3.72
$2.54 €2.20
-57.09%
Potato (1kg)
$0.89 PEN 3.02
$1.77 €1.53
-49.72%
Onion (1kg)
$0.87 PEN 2.96
$1.98 €1.71
-56.06%
Lettuce (1 head)
$0.72 PEN 2.44
$1.30 €1.12
-44.62%
Water (1.5 liter bottle)
$0.75 PEN 2.55
$0.74 €0.64
1.35%
Cigarettes 20 Pack (Marlboro, Camel)
$5.42 PEN 18.43
$6.19 €5.35
-12.44%
Wine (Bottle)
$7.67 PEN 26.09
$5.93 €5.12
29.34%
Local Beer (0.5 liter bottle)
$1.83 PEN 6.23
$1.25 €1.08
46.40%
Imported Beer (0.33 liter bottle)
$2.71 PEN 9.21
$2.07 €1.79
30.92%
🚌 Getting Around
Peru
Spain
Difference
One-way Ticket (Public Transport)
$0.54 PEN 1.84
$1.78 €1.54
-69.66%
Public Transport Monthly Pass (Regular Price)
$16.87 PEN 57.4
$34.91 €30.16
-51.68%
Taxi Start (Normal Tariff)
$2.28 PEN 7.74
$4.48 €3.87
-49.11%
Taxi (Normal Tariff) (1km)
$1.94 PEN 6.60
$1.34 €1.15
44.78%
Taxi 1hour Waiting (Normal Tariff)
$5.43 PEN 18.48
$26.24 €22.68
-79.31%
Gasoline (1 liter)
$1.33 PEN 4.53
$1.76 €1.52
-24.43%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.9K PEN 67.8K
$38.2K €33.0K
-47.81%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.4K PEN 83.0K
$31.6K €27.3K
-22.87%
🧾 Monthly Utilities & Internet
Peru
Spain
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$48.24 PEN 164
$149 €128
-67.55%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$12.02 PEN 40.87
$20.16 €17.42
-40.38%
Internet (50+ Mbps, Unlimited Data)
$25.99 PEN 88.4
$34.11 €29.48
-23.81%
🎉 Sport & Entertainment
Peru
Spain
Difference
Gym Membership (Monthly)
$30.68 PEN 104
$47.12 €40.72
-34.89%
Tennis Court (1 Hour on Weekend)
$16.81 PEN 57.1
$15.83 €13.68
6.19%
Cinema Ticket
$5.54 PEN 18.83
$9.47 €8.18
-41.50%
🧸 Childcare & Education
Peru
Spain
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$168 PEN 571
$517 €446
-67.50%
International Primary School, 1 Child (Yearly)
$5,582 PEN 19.0K
$10.2K €8,777
-45.04%
👕👟 Clothing & Footwear
Peru
Spain
Difference
Jeans (Levis 501 Or Similar)
$47.69 PEN 162
$87.2 €75.3
-45.28%
Summer Dress (H&M, Zara, etc)
$31.55 PEN 107
$37.36 €32.28
-15.55%
Sport Shoes (Adidas, Nike)
$81.5 PEN 277
$91.3 €78.9
-10.81%
Men's Leather Business Shoes
$77.1 PEN 262
$106 €91.2
-26.94%
🏠 Accommodation & Living
Peru
Spain
Difference
1-bedroom Apartment, City Center (Monthly)
$484 PEN 1,645
$1,074 €928
-54.92%
1-bedroom Apartment, Outside City Center (Monthly)
$266 PEN 904
$815 €704
-67.38%
3-bedroom Apartment, City Center (Monthly)
$833 PEN 2,834
$1,691 €1,461
-50.72%
3-bedroom Apartment, Outside City Center (Monthly)
$479 PEN 1,630
$1,228 €1,061
-60.97%
Buy Apartment in City Center (m2)
$2,182 PEN 7,417
$4,338 €3,749
-49.71%
Buy Apartment Outside City Center (m2)
$1,211 PEN 4,117
$2,744 €2,371
-55.87%
💵 Salaries & Financials
Peru
Spain
Difference
Average Monthly Net Salary (After Tax)
$576 PEN 1,960
$2,031 €1,755
-71.62%
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: June 8, 2026

Last update for Spain: June 9, 2026

Cost Breakdown

Average rent: $142 in Peru vs $898 in Spain. For reference, capital cities sit at $624 in Lima and $1,609 in Madrid.

Average salary: $525 in Peru vs $2,011 in Spain. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 532% higher in Spain.

Dining out costs 212% more in Spain.

Public transport is 725% more expensive in Spain.

Salaries are 283% 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 306% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.
Is rent more expensive in Peru or 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 306% 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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