Cost of living comparison
Peru is 48.4% cheaper than Iceland.
If you lived in Peru instead of Iceland, you would:
pay 73.4% less for restaurants
Iceland
|
Peru
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
ISK2,491
|
$2.98
PEN11.10
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
ISK1,992
|
$5.00
PEN18.63
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
ISK324
|
$0.76
PEN2.82
|
|
Bottle of water (11 fl. oz) |
$2.12
ISK296
|
$0.46
PEN1.73
|
|
pay 54.9% less for groceries
Iceland
|
Peru
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
ISK478
|
$1.30
PEN4.82
|
|
Local cheese (8 oz) |
$5.98
ISK835
|
$2.56
PEN9.52
|
|
Milk (1 gallon) |
$5.33
ISK744
|
$4.32
PEN16.09
|
|
Eggs
1 dozen
|
$5.66
ISK790
|
$2.03
PEN7.56
|
|
Boneless chicken breast (1 lb) |
$7.09
ISK991
|
$2.13
PEN7.92
|
|
Apples (1 lb) |
$1.16
ISK162
|
$0.59
PEN2.18
|
|
Bananas (1 lb) |
$0.98
ISK137
|
$0.42
PEN1.56
|
|
Oranges (1 lb) |
$1.17
ISK164
|
$0.45
PEN1.67
|
|
Tomatoes (1 lb) |
$1.84
ISK256
|
$0.42
PEN1.55
|
|
Potatoes (1 lb) |
$0.96
ISK134
|
$0.38
PEN1.40
|
|
Onions (1 lb) |
$0.51
ISK71
|
$0.39
PEN1.44
|
|
pay 48.6% less for transportation
Iceland
|
Peru
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
ISK1,122
|
$5.30
PEN19.75
|
|
Monthly public transit pass |
$77.40
ISK10,808
|
$16.55
PEN61.59
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
ISK4,166,415
|
$20,417.59
PEN76,007.62
|
|
Taxi trip in downtown area (5 miles) |
$23.97
ISK3,347
|
$11.94
PEN44.43
|
|
pay 64.8% less for housing
Iceland
|
Peru
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
ISK8,714
|
$29.53
PEN109.92
|
|
1-Bedroom apartment in downtown area |
$1,437.14
ISK200,683
|
$277.70
PEN1,033.77
|
|
1-Bedroom apartment outside city center |
$1,215.63
ISK169,750
|
$204.62
PEN761.73
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
ISK9,583
|
$39.33
PEN146.41
|
|
pay 19.5% more for childcare
Iceland
|
Peru
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
ISK36,215
|
$162.20
PEN603.83
|
|
Middle school for 1 child, two semesters |
$2,750.10
ISK384,024
|
$4,852.04
PEN18,062.46
|
|
pay 56.1% less for entertainment and sports
Iceland
|
Peru
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
ISK1,190
|
$1.83
PEN6.83
|
|
Cappuccino in mid-range area |
$4.15
ISK580
|
$2.60
PEN9.67
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
ISK1,485
|
$4.57
PEN17.02
|
|
Monthly membership at local gym |
$56.90
ISK7,946
|
$31.17
PEN116.02
|
|
Movie ticket to theater/cinema |
$12.27
ISK1,714
|
$4.59
PEN17.07
|
|
pay 60.4% less for clothing
Iceland
|
Peru
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
ISK16,488
|
$40.11
PEN149.30
|
|
Regular dress
from H&M or similar store
|
$50.39
ISK7,036
|
$22.91
PEN85.29
|
|
Running shoes
Nike or Adidas
|
$151.12
ISK21,102
|
$67.62
PEN251.71
|
|
Men's business shoes (leather) |
$175.20
ISK24,465
|
$59.99
PEN223.32
|
|
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