Cost of Living in Peru

Relative to other countries in Latin America, the cost of living in Peru is average. Living in the city, particularly in Lima, is more expensive than in rural areas, and the range of services and quality of produce also varies depending on the region.

According to Mercer's 2021 Cost of Living report, Lima is ranked 150th out of 209 cities, making it a mid-range city in terms of the cost of living for expats.

Cost of accommodation in Peru

The cost of accommodation in Peru is variable, with apartments being more expensive in the larger cities. Lima has the most expensive accommodation, particularly in areas such as Miraflores, Barranco and San Isidro.

Accommodation is likely to be an expat’s greatest expense when living in Peru. For those moving here as part of a corporate relocation programme, it’s a good idea to factor accommodation costs into any contract negotiations.

Cost of education in Peru

Public schools in Peru are free, but education at a private or international school is expensive. Expats who'd like to send their children to an international school in Peru should factor this significant expense into their budget, and if moving to the country as part of a corporate relocation package, they should make provisions for this in their contract.

Cost of food in Peru

Food is relatively affordable in Peru. Food at local fresh produce markets is generally cheaper than in supermarkets and it’s often possible to bargain on the prices. he quality of products may vary.

Cost of transport in Peru

The cost of transport in Peru is quite low and it’s relatively cheap to travel around the country using public transport. The running costs of a vehicle can be expensive owing to high import costs.