Last update: Oct 2026

Cost of Living Comparison Between Spain and Peru

Name: Peru
Address: PE

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.

86

Cost of Living Index in Spain
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Spain Living Index
42

Cost of Living Index in Peru
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Peru Living Index

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🇪🇸 Spain

$1,775

/mo nomad

🇵🇪 Peru

$878

/mo nomad

Monthly Cost of Living

How much you'll spend in Spain and in Peru

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

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

Spain $1,775
Peru $878

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

Spain $2,606
Peru $1,380

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

Spain $3,438
Peru $1,883

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 Spain is about 102% higher than in Peru on average.

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

Meal at Budget Restaurant

$16.69 €14.89

$3.51 PEN 12.16

375.50%

Three-Course Dinner for Two, Mid-Range

$55.7 €49.69

$27.65 PEN 95.9

101.45%

Fast Food Meal (McDonalds, etc)

$11.37 €10.14

$6.21 PEN 21.51

83.09%

Cappuccino

$2.42 €2.16

$3.15 PEN 10.92

-23.17%

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

$2.68 €2.39

$0.96 PEN 3.31

179.17%

Water (0.33 liter bottle)

$1.79 €1.60

$0.51 PEN 1.78

250.98%

Local Beer (0.5 liter draught)

$3.42 €3.06

$2.28 PEN 7.90

50.00%

Imported Beer (0.33 liter bottle)

$3.88 €3.46

$3.56 PEN 12.33

8.99%

Milk (1 liter)

$1.20 €1.07

$1.47 PEN 5.09

-18.37%

White Bread (500g)

$1.48 €1.32

$2.30 PEN 7.97

-35.65%

Rice (white) (1kg)

$1.67 €1.49

$1.38 PEN 4.77

21.01%

Eggs

$3.42 €3.05

$2.63 PEN 9.12

30.04%

Local Cheese (1kg)

$14.17 €12.64

$8.28 PEN 28.72

71.14%

Chicken Fillets (1kg)

$8.33 €7.43

$5.71 PEN 19.79

45.88%

Beef Round Steak (1kg)

$16.20 €14.46

$9.04 PEN 31.34

79.20%

Apples (1kg)

$2.45 €2.19

$1.77 PEN 6.15

38.42%

Banana (1kg)

$2.03 €1.81

$1.09 PEN 3.78

86.24%

Oranges (1kg)

$2.08 €1.85

$1.31 PEN 4.53

58.78%

Tomato (1kg)

$2.58 €2.30

$1.21 PEN 4.21

113.22%

Potato (1kg)

$1.83 €1.63

$0.89 PEN 3.08

105.62%

Onion (1kg)

$2.00 €1.79

$0.86 PEN 2.97

132.56%

Lettuce (1 head)

$1.31 €1.17

$0.77 PEN 2.67

70.13%

Water (1.5 liter bottle)

$0.77 €0.69

$0.84 PEN 2.92

-8.33%

Cigarettes 20 Pack (Marlboro, Camel)

$6.36 €5.68

$5.63 PEN 19.50

12.97%

Wine (Bottle)

$5.64 €5.03

$7.65 PEN 26.53

-26.27%

Local Beer (0.5 liter bottle)

$1.30 €1.16

$1.99 PEN 6.91

-34.67%

Imported Beer (0.33 liter bottle)

$2.09 €1.86

$3.02 PEN 10.48

-30.79%

One-way Ticket (Public Transport)

$1.64 €1.47

$0.61 PEN 2.10

168.85%

Public Transport Monthly Pass (Regular Price)

$32.91 €29.36

$27.39 PEN 94.9

20.15%

Taxi Start (Normal Tariff)

$4.43 €3.95

$2.34 PEN 8.10

89.32%

Taxi (Normal Tariff) (1km)

$1.47 €1.31

$2.05 PEN 7.11

-28.29%

Taxi 1hour Waiting (Normal Tariff)

$24.98 €22.29

$7.01 PEN 24.30

256.35%

Gasoline (1 liter)

$1.77 €1.58

$1.64 PEN 5.69

7.93%

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

$35.5K €31.7K

$22.1K PEN 76.7K

60.58%

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

$30.6K €27.3K

$27.6K PEN 95.8K

10.73%

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

$149 €133

$54.9 PEN 190

171.91%

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

$17.67 €15.77

$13.37 PEN 46.34

32.16%

Internet (50+ Mbps, Unlimited Data)

$31.88 €28.44

$25.55 PEN 88.6

24.77%

Gym Membership (Monthly)

$44.24 €39.47

$31.24 PEN 108

41.61%

Tennis Court (1 Hour on Weekend)

$15.29 €13.64

$16.62 PEN 57.6

-8.00%

Cinema Ticket

$9.66 €8.62

$5.93 PEN 20.56

62.90%

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

$544 €486

$207 PEN 719

162.49%

International Primary School, 1 Child (Yearly)

$10.6K €9,463

$11.2K PEN 38.7K

-5.09%

Jeans (Levis 501 Or Similar)

$84.9 €75.8

$49.87 PEN 173

70.24%

Summer Dress (H&M, Zara, etc)

$37.11 €33.11

$30.02 PEN 104

23.62%

Sport Shoes (Adidas, Nike)

$89.2 €79.6

$72.2 PEN 250

23.60%

Men's Leather Business Shoes

$106 €94.3

$71.1 PEN 246

48.74%

1-bedroom Apartment, City Center (Monthly)

$1,056 €943

$514 PEN 1,782

105.50%

1-bedroom Apartment, Outside City Center (Monthly)

$808 €721

$279 PEN 967

189.43%

3-bedroom Apartment, City Center (Monthly)

$1,621 €1,446

$899 PEN 3,118

80.21%

3-bedroom Apartment, Outside City Center (Monthly)

$1,246 €1,112

$536 PEN 1,856

132.69%

Buy Apartment in City Center (m2)

$4,135 €3,690

$2,247 PEN 7,788

84.06%

Buy Apartment Outside City Center (m2)

$2,633 €2,349

$1,310 PEN 4,542

100.89%

Average Monthly Net Salary (After Tax)

$1,999 €1,784

$575 PEN 1,993

247.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.3

9.66

-65.84%

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

Last update for Spain: October 24, 2026

Last update for Peru: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Spain

$808 45.5%

Peru

$279 31.8% 65.4% $529

Groceries & Markets

Spain

$272 15.3%

Peru

$210 23.9% 22.7% $62

Eating Out

Spain

$239 13.5%

Peru

$109 12.4% 54.5% $130

Monthly Utilities & Internet

Spain

$199 11.2%

Peru

$94 10.7% 52.8% $105

Clothing & Footwear

Spain

$143 8%

Peru

$100 11.4% 29.6% $42

Sport & Entertainment

Spain

$64 3.6%

Peru

$43 4.9% 32.2% $20

Getting Around

Spain

$51 2.9%

Peru

$42 4.8% 17.2% $8.8

Cost Breakdown

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

Average salary: $1,972 in Spain vs $522 in Peru. 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

🇪🇸 Spain

🇵🇪 Peru

🕒 Local time

19:15 7:15 PM

13:15 1:15 PM

6 h behind Spain

🌤 Weather

👥 Population

47,415,750

33,726,000

💱 Currency

Euro EUR €

Peruvian Sol PEN S/

📈 Exchange rate

1 EUR = 1.12 USD

1 PEN = 0.288 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Spain Peru 9,510 km ≈ 12 h nonstop flight

From you

Spain
Peru

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

Spain vs Peru: 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.