Peru is 51.6% cheaper than Iceland.

If you lived in Peru instead of Iceland, you would:

pay 69.7% less for restaurants

 
Iceland
Peru
Basic meal with drink at inexpensive restaurant $15.00
kr2,051
$2.61
PEN10.10
Fast food combo meal
McDonalds, or similar
$12.33
kr1,686
$5.18
PEN20.00
Bottle of Coca-Cola (11 fl. oz) $2.20
kr301
$0.83
PEN3.19

Improve prices ·

pay 59.4% less for groceries

 
Iceland
Peru
Bread
1 loaf
$3.14
kr430
$1.45
PEN5.58
Local cheese (8 oz) $5.86
kr801
$2.20
PEN8.50
Milk (1 gallon) $5.16
kr706
$4.64
PEN17.94

Improve prices ·

pay 52.3% less for transportation

 
Iceland
Peru
Gasoline (1 gallon) $7.21
kr986
$4.09
PEN15.79
Monthly public transit pass $85.09
kr11,636
$18.20
PEN70.33
New Volkswagen Golf 1.4 (standard edition) $27,857.83
kr3,809,558
$15,958.89
PEN61,657.84

Improve prices ·

pay 58.9% less for housing

 
Iceland
Peru
Internet connection
50 mbps or faster, cable/dsl
$66.89
kr9,148
$35.83
PEN138.44
1-Bedroom apartment in downtown area $1,349.42
kr184,533
$343.66
PEN1,327.75
1-Bedroom apartment outside city center $1,143.63
kr156,391
$237.19
PEN916.39

Improve prices ·

pay 5.1% less for childcare

 
Iceland
Peru
Private preschool for 1 child, monthly $277.52
kr37,951
$131.80
PEN509.22
Middle school for 1 child, two semesters $2,822.44
kr385,968
$4,020.10
PEN15,531.82

Improve prices ·

pay 57.2% less for entertainment and sports

 
Iceland
Peru
Domestic/local beer (1 pint) $7.85
kr1,074
$1.71
PEN6.60
Cappuccino in mid-range area $4.10
kr561
$2.39
PEN9.22
Pack of cigarettes
Marlboro or similar
$11.37
kr1,555
$4.14
PEN16.00

Improve prices ·

pay 58.9% less for clothing

 
Iceland
Peru
Regular jeans
Levi's brand
$117.41
kr16,056
$40.03
PEN154.66
Regular dress
from H&M or similar store
$55.13
kr7,539
$28.91
PEN111.69
Running shoes
Nike or Adidas
$156.49
kr21,401
$68.36
PEN264.11

Improve prices ·
The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: September 2022
Share this

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Peru. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.

Compare by city

For example, try comparing the cost of living in Reykjavik vs. Lima

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location (Ashburn, VA, United States) to help assist us in making these comparisons more accurate. Learn more