Cost of Living Comparison

  1. Cost of Living
  2. Peru
  3. Iceland
  4. Comparison
PEN
COMPARED TO
ISK

Peru is 35.6% cheaper than Iceland.

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

pay 3.8 times more for restaurants

  Peru help_outline Iceland help_outline  
Basic meal with drink at inexpensive restaurant $2.41
PEN7.81
$16.02
kr1,681
+564.7%
Fast food combo meal
McDonalds, or similar
 $4.88
PEN15.84
$12.24
kr1,285
+150.6%
Bottle of Coca-Cola (11 fl. oz) $0.68
PEN2.20
$2.13
kr223
+213.1%
Bottle of water (11 fl. oz) $0.43
PEN1.41
$1.73
kr181
+297.8%
Peru vs. Iceland - Cost of restaurants
Improve prices · Change currency (USD)
local_grocery_store

pay 2.6 times more for groceries

  Peru help_outline Iceland help_outline  
Bread
1 loaf
 $1.28
PEN4.14
$2.69
kr283
+110.8%
Local cheese (8 oz) $3.28
PEN10.63
$6.92
kr727
+111.1%
Milk (1 gallon) $5.23
PEN16.97
$4.55
kr478
-13.0%
Eggs
1 dozen
 $1.59
PEN5.15
$4.85
kr509
+205.7%
Boneless chicken breast (1 lb) $1.75
PEN5.68
$7.38
kr775
+321.6%
Apples (1 lb) $0.68
PEN2.22
$1.03
kr108
+50.2%
Bananas (1 lb) $0.42
PEN1.36
$0.95
kr100
+128.2%
Oranges (1 lb) $0.59
PEN1.91
$1.02
kr107
+73.1%
Tomatoes (1 lb) $0.51
PEN1.66
$1.79
kr188
+249.1%
Potatoes (1 lb) $0.33
PEN1.07
$0.97
kr102
+193.6%
Onions (1 lb) $0.45
PEN1.45
$0.75
kr78
+67.0%
Peru vs. Iceland - Cost of groceries
Improve prices · Change currency (USD)
drive_eta

pay 48.3% more for transportation

  Peru help_outline Iceland help_outline  
Gasoline (1 gallon) $4.13
PEN13.39
$6.31
kr662
+52.7%
Monthly public transit pass $23.05
PEN74.75
$48.62
kr5,102
+110.9%
New Volkswagen Golf 1.4 (standard edition) $18,412.66
PEN59,703.06
$27,290.40
kr2,864,127
+48.2%
Taxi trip in downtown area (5 miles) $14.05
PEN45.56
$23.62
kr2,479
+68.1%
Peru vs. Iceland - Cost of transportation
Improve prices · Change currency (USD)
home

pay 3.7 times more for housing

  Peru help_outline Iceland help_outline  
Internet connection
50 mbps or faster, cable/dsl
 $44.08
PEN142.92
$62.02
kr6,508
+40.7%
1-Bedroom apartment in downtown area $431.40
PEN1,398.81
$1,337.39
kr140,359
+210.0%
1-Bedroom apartment outside city center $203.70
PEN660.51
$1,140.16
kr119,660
+459.7%
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
 $33.13
PEN107.42
$61.01
kr6,403
+84.1%
Peru vs. Iceland - Cost of housing
Improve prices · Change currency (USD)
child_care

pay 45.8% more for childcare

  Peru help_outline Iceland help_outline  
Private preschool for 1 child, monthly $151.27
PEN490.48
$265.14
kr27,827
+75.3%
Middle school for 1 child, two semesters $4,836.01
PEN15,680.76
$7,007.90
kr735,480
+44.9%
Peru vs. Iceland - Cost of childcare
Improve prices · Change currency (USD)
gamepad

pay 2.1 times more for entertainment and sports

  Peru help_outline Iceland help_outline  
Domestic/local beer (1 pint) $2.17
PEN7.03
$8.49
kr891
+291.5%
Cappuccino in mid-range area $2.06
PEN6.66
$4.12
kr432
+100.5%
Pack of cigarettes
Marlboro or similar
 $3.00
PEN9.74
$10.86
kr1,139
+261.5%
Monthly membership at local gym $34.02
PEN110.31
$59.57
kr6,251
+75.1%
Movie ticket to theater/cinema $4.95
PEN16.05
$12.20
kr1,280
+146.5%
Peru vs. Iceland - Cost of entertainment and sports
Improve prices · Change currency (USD)
store

pay 2.4 times more for clothing

  Peru help_outline Iceland help_outline  
Regular jeans
Levi's brand
 $50.10
PEN162.46
$112.60
kr11,817
+124.7%
Regular dress
from H&M or similar store
 $28.55
PEN92.56
$63.99
kr6,716
+124.2%
Running shoes
Nike or Adidas
 $77.21
PEN250.37
$154.19
kr16,182
+99.7%
Men's business shoes (leather) $60.62
PEN196.56
$186.69
kr19,593
+208.0%
Peru vs. Iceland - Cost of clothing
Improve prices · Change currency (USD)
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: February 2020
More cost of living comparisons
Peru vs. Russia
Peru vs. Cambodia
Peru vs. Austria
Iceland vs. Vietnam
Iceland vs. Canada
Iceland vs. French Polynesia
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
Contribute prices for Iceland
Narrow your comparison by city:
Select a city in Peru:
Select a city in Iceland:
For example, try comparing the cost of living in Lima vs. Reykjavik
question_answer HAVE A QUESTION? ASK THE COMMUNITY
Join the Elsewhere community and ask a question about Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.