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

Name: Peru
Address: PE

Monthly Cost of Living

A single person spends $1,657 per month in Spain vs $499 in Peru, rent included.

A couple spends around $2,452 per month in Spain vs $785 in Peru, rent included.

A family of three spends $3,247 per month in Spain vs $1,070 in Peru, rent included.

The cost of living in Spain is about 232% higher than in Peru on average – the gap runs across housing, groceries, transport, and services.

Spain sits 22% above the global median, while Peru is 63% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.33 €15.06

$3.52 PEN 11.88

392.33%

Three-Course Dinner for Two, Mid-Range

$56.8 €49.30

$29.93 PEN 101

89.61%

Fast Food Meal (McDonalds, etc)

$11.28 €9.80

$5.93 PEN 20.02

90.22%

Cappuccino

$2.47 €2.15

$2.99 PEN 10.10

-17.39%

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

$2.56 €2.23

$0.96 PEN 3.25

166.67%

Water (0.33 liter bottle)

$1.92 €1.67

$0.55 PEN 1.87

249.09%

Local Beer (0.5 liter draught)

$3.35 €2.91

$2.41 PEN 8.14

39.00%

Imported Beer (0.33 liter bottle)

$4.13 €3.59

$3.59 PEN 12.10

15.04%

Milk (1 liter)

$1.19 €1.03

$1.49 PEN 5.02

-20.13%

White Bread (500g)

$1.54 €1.33

$2.43 PEN 8.20

-36.63%

Rice (white) (1kg)

$1.69 €1.47

$1.40 PEN 4.71

20.71%

Eggs

$3.38 €2.94

$2.65 PEN 8.94

27.55%

Local Cheese (1kg)

$14.43 €12.54

$7.86 PEN 26.53

83.59%

Chicken Fillets (1kg)

$8.60 €7.47

$5.79 PEN 19.53

48.53%

Beef Round Steak (1kg)

$16.63 €14.44

$9.07 PEN 30.60

83.35%

Apples (1kg)

$2.61 €2.27

$1.73 PEN 5.84

50.87%

Banana (1kg)

$2.08 €1.81

$0.99 PEN 3.34

110.10%

Oranges (1kg)

$2.10 €1.83

$1.23 PEN 4.15

70.73%

Tomato (1kg)

$2.63 €2.29

$1.23 PEN 4.16

113.82%

Potato (1kg)

$1.89 €1.64

$0.90 PEN 3.04

110.00%

Onion (1kg)

$1.99 €1.73

$0.82 PEN 2.77

142.68%

Lettuce (1 head)

$1.39 €1.21

$0.77 PEN 2.60

80.52%

Water (1.5 liter bottle)

$0.81 €0.71

$0.89 PEN 3.02

-8.99%

Cigarettes 20 Pack (Marlboro, Camel)

$6.52 €5.67

$5.94 PEN 20.06

9.76%

Wine (Bottle)

$5.89 €5.11

$7.61 PEN 25.68

-22.60%

Local Beer (0.5 liter bottle)

$1.32 €1.15

$2.06 PEN 6.94

-35.92%

Imported Beer (0.33 liter bottle)

$2.11 €1.84

$3.17 PEN 10.68

-33.44%

One-way Ticket (Public Transport)

$1.76 €1.52

$0.57 PEN 1.92

208.77%

Public Transport Monthly Pass (Regular Price)

$34.79 €30.23

$23.94 PEN 80.8

45.32%

Taxi Start (Normal Tariff)

$4.54 €3.95

$2.41 PEN 8.12

88.38%

Taxi (Normal Tariff) (1km)

$1.46 €1.27

$2.06 PEN 6.94

-29.13%

Taxi 1hour Waiting (Normal Tariff)

$24.83 €21.57

$5.97 PEN 20.16

315.91%

Gasoline (1 liter)

$1.69 €1.46

$1.59 PEN 5.38

6.29%

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

$36.5K €31.7K

$21.6K PEN 72.9K

68.95%

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

$30.7K €26.7K

$25.6K PEN 86.5K

19.85%

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

$155 €135

$55.1 PEN 186

181.47%

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

$18.24 €15.85

$13.78 PEN 46.49

32.37%

Internet (50+ Mbps, Unlimited Data)

$32.76 €28.47

$25.48 PEN 86.0

28.57%

Gym Membership (Monthly)

$47.36 €41.14

$31.18 PEN 105

51.89%

Tennis Court (1 Hour on Weekend)

$15.79 €13.72

$17.39 PEN 58.7

-9.20%

Cinema Ticket

$9.65 €8.39

$5.79 PEN 19.55

66.67%

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

$556 €483

$165 PEN 558

236.22%

International Primary School, 1 Child (Yearly)

$10.7K €9,314

$11.6K PEN 39.2K

-7.66%

Jeans (Levis 501 Or Similar)

$86.6 €75.2

$48.46 PEN 164

78.68%

Summer Dress (H&M, Zara, etc)

$37.61 €32.68

$29.21 PEN 98.6

28.76%

Sport Shoes (Adidas, Nike)

$92.2 €80.1

$72.6 PEN 245

27.05%

Men's Leather Business Shoes

$111 €96.0

$71.7 PEN 242

54.18%

1-bedroom Apartment, City Center (Monthly)

$1,029 €894

$512 PEN 1,726

101.19%

1-bedroom Apartment, Outside City Center (Monthly)

$803 €698

$247 PEN 834

224.98%

3-bedroom Apartment, City Center (Monthly)

$1,675 €1,455

$894 PEN 3,018

87.35%

3-bedroom Apartment, Outside City Center (Monthly)

$1,245 €1,082

$467 PEN 1,575

166.72%

Buy Apartment in City Center (m2)

$4,300 €3,736

$2,213 PEN 7,468

94.34%

Buy Apartment Outside City Center (m2)

$2,642 €2,295

$1,288 PEN 4,347

105.10%

Average Monthly Net Salary (After Tax)

$2,007 €1,743

$572 PEN 1,930

250.85%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.3

9.69

-65.94%

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

Last update for Spain: August 2, 2026

Last update for Peru: August 1, 2026

Cost Breakdown

Average rent: $907 in Spain vs $196 in Peru. For reference, capital cities sit at $1,612 in Madrid and $761 in Lima.

Average salary: $2,014 in Spain vs $539 in Peru. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 363% higher in Spain.

Dining out costs 152% more in Spain.

Public transport is 275% more expensive in Spain.

Salaries are 274% 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

Spain vs Peru: Cost of Living - Frequently Asked Questions

Peru is the cheaper option – living costs run roughly 228% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.

Housing costs more in Spain, and the gap is biggest in capital cities. Regional towns show less difference, but Spain consistently has higher rents.

Groceries, transport, and utilities all cost less in Peru, contributing to the overall 228% price gap. The savings show up everywhere – from supermarket receipts to monthly bills.

$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.

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.