Cost of living comparison
Peru is 44.4% cheaper than Madrid.
If you lived in Peru instead of Madrid, you would:
pay 66.0% less for restaurants
Madrid
|
Peru
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.19
€12.37
|
$2.98
PEN11.10
|
|
Fast food combo meal
McDonalds, or similar
|
$8.80
€8.25
|
$5.00
PEN18.63
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
€2.37
|
$0.76
PEN2.82
|
|
Bottle of water (11 fl. oz) |
$1.74
€1.63
|
$0.46
PEN1.73
|
|
pay 37.4% less for groceries
Madrid
|
Peru
|
||
---|---|---|---|
Bread
1 loaf
|
$1.25
€1.17
|
$1.30
PEN4.82
|
|
Local cheese (8 oz) |
$5.92
€5.56
|
$2.56
PEN9.52
|
|
Milk (1 gallon) |
$3.90
€3.66
|
$4.32
PEN16.09
|
|
Eggs
1 dozen
|
$2.69
€2.52
|
$2.03
PEN7.57
|
|
Boneless chicken breast (1 lb) |
$3.74
€3.51
|
$2.13
PEN7.92
|
|
Apples (1 lb) |
$1.08
€1.01
|
$0.59
PEN2.18
|
|
Bananas (1 lb) |
$0.98
€0.91
|
$0.42
PEN1.56
|
|
Oranges (1 lb) |
$0.86
€0.81
|
$0.45
PEN1.67
|
|
Tomatoes (1 lb) |
$1.03
€0.97
|
$0.42
PEN1.55
|
|
Potatoes (1 lb) |
$0.67
€0.63
|
$0.38
PEN1.40
|
|
Onions (1 lb) |
$0.74
€0.69
|
$0.39
PEN1.44
|
|
pay 34.9% less for transportation
Madrid
|
Peru
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.44
€6.98
|
$5.30
PEN19.75
|
|
Monthly public transit pass |
$59.37
€55.68
|
$16.55
PEN61.60
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,693.49
€25,972.78
|
$20,417.59
PEN76,014.19
|
|
Taxi trip in downtown area (5 miles) |
$13.63
€12.79
|
$11.94
PEN44.43
|
|
pay 57.9% less for housing
Madrid
|
Peru
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$34.19
€32.06
|
$29.53
PEN109.92
|
|
1-Bedroom apartment in downtown area |
$1,094.67
€1,026.65
|
$277.70
PEN1,033.86
|
|
1-Bedroom apartment outside city center |
$816.29
€765.57
|
$204.62
PEN761.80
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$125.07
€117.30
|
$39.33
PEN146.42
|
|
pay 59.2% less for childcare
Madrid
|
Peru
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$529.47
€496.57
|
$162.20
PEN603.88
|
|
Middle school for 1 child, two semesters |
$9,499.24
€8,909.02
|
$4,852.04
PEN18,064.02
|
|
pay 24.4% less for entertainment and sports
Madrid
|
Peru
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.30
€3.09
|
$1.83
PEN6.83
|
|
Cappuccino in mid-range area |
$2.17
€2.04
|
$2.60
PEN9.67
|
|
Pack of cigarettes
Marlboro or similar
|
$5.61
€5.26
|
$4.57
PEN17.02
|
|
Monthly membership at local gym |
$41.71
€39.12
|
$31.17
PEN116.03
|
|
Movie ticket to theater/cinema |
$9.90
€9.28
|
$4.59
PEN17.07
|
|
pay 30.8% less for clothing
Madrid
|
Peru
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$67.45
€63.26
|
$40.11
PEN149.31
|
|
Regular dress
from H&M or similar store
|
$35.01
€32.84
|
$22.91
PEN85.30
|
|
Running shoes
Nike or Adidas
|
$76.87
€72.10
|
$67.62
PEN251.73
|
|
Men's business shoes (leather) |
$94.21
€88.35
|
$59.99
PEN223.33
|
|
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