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
kr2,434
|
$2.98
PEN11.11
|
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr1,947
|
$5.00
PEN18.65
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr316
|
$0.76
PEN2.82
|
|
| Bottle of water (11 fl. oz) |
$2.12
kr290
|
$0.46
PEN1.73
|
|
pay 54.9% less for groceries
|
Iceland
|
Peru
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.42
kr467
|
$1.30
PEN4.83
|
|
| Local cheese (8 oz) |
$5.98
kr816
|
$2.56
PEN9.53
|
|
| Milk (1 gallon) |
$5.33
kr727
|
$4.32
PEN16.11
|
|
|
Eggs
1 dozen
|
$5.66
kr772
|
$2.03
PEN7.57
|
|
| Boneless chicken breast (1 lb) |
$7.09
kr968
|
$2.13
PEN7.93
|
|
| Apples (1 lb) |
$1.16
kr159
|
$0.59
PEN2.18
|
|
| Bananas (1 lb) |
$0.98
kr134
|
$0.42
PEN1.56
|
|
| Oranges (1 lb) |
$1.17
kr160
|
$0.45
PEN1.67
|
|
| Tomatoes (1 lb) |
$1.84
kr251
|
$0.42
PEN1.55
|
|
| Potatoes (1 lb) |
$0.96
kr131
|
$0.38
PEN1.40
|
|
| Onions (1 lb) |
$0.51
kr70
|
$0.39
PEN1.44
|
|
pay 48.6% less for transportation
|
Iceland
|
Peru
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.03
kr1,096
|
$5.30
PEN19.77
|
|
| Monthly public transit pass |
$77.40
kr10,562
|
$16.55
PEN61.67
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,071,534
|
$20,417.59
PEN76,107.60
|
|
| Taxi trip in downtown area (5 miles) |
$23.97
kr3,271
|
$11.94
PEN44.49
|
|
pay 64.8% less for housing
|
Iceland
|
Peru
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,515
|
$29.53
PEN110.06
|
|
| 1-Bedroom apartment in downtown area |
$1,437.14
kr196,112
|
$277.70
PEN1,035.13
|
|
| 1-Bedroom apartment outside city center |
$1,215.63
kr165,884
|
$204.62
PEN762.73
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,365
|
$39.33
PEN146.60
|
|
pay 19.5% more for childcare
|
Iceland
|
Peru
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$259.34
kr35,390
|
$162.20
PEN604.62
|
|
| Middle school for 1 child, two semesters |
$2,750.10
kr375,278
|
$4,852.04
PEN18,086.22
|
|
pay 56.1% less for entertainment and sports
|
Iceland
|
Peru
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.52
kr1,163
|
$1.83
PEN6.84
|
|
| Cappuccino in mid-range area |
$4.15
kr567
|
$2.60
PEN9.68
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,451
|
$4.57
PEN17.04
|
|
| Monthly membership at local gym |
$56.90
kr7,765
|
$31.17
PEN116.17
|
|
| Movie ticket to theater/cinema |
$12.27
kr1,675
|
$4.59
PEN17.09
|
|
pay 60.4% less for clothing
|
Iceland
|
Peru
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$118.08
kr16,113
|
$40.11
PEN149.49
|
|
|
Regular dress
from H&M or similar store
|
$50.39
kr6,876
|
$22.91
PEN85.40
|
|
|
Running shoes
Nike or Adidas
|
$151.12
kr20,621
|
$67.62
PEN252.04
|
|
| Men's business shoes (leather) |
$175.20
kr23,907
|
$59.99
PEN223.61
|
|
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