Moving to Iceland from Peru

moving to

What to Expect

A comprehensive look at what changes when you move from Peru to Iceland — from daily expenses to quality of life.

If you moved from Peru to Iceland, you would find that Iceland is 3.5 times more expensive than Peru overall. A PEN254,104 salary in Peru would need to be roughly ISK34,169,626 in Iceland to maintain the same lifestyle, and you’d need to navigate life in Icelandic. Expect a noticeable climate shift — Reykjavik averages 45°F vs 72°F in Lima, making it significantly cooler.

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How Far Will Your Money Go?

How your spending power changes when you relocate from Peru to Iceland.

What does your salary buy?

PEN254,104 ISK34,169,626

To maintain the same standard of living in Iceland

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 4.8 times more

Groceries

pay 2.9 times more

Transportation

pay 2.7 times more

Housing

pay 4.7 times more

Childcare

pay 4.0 times more

Entertainment and Sports

pay 3.0 times more

See full cost of living breakdown
Exchange rate: 1 PEN = 37.0 ISK (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Who Else Is Making This Move?

Real numbers on people moving from Peru to Iceland, and how the trend has changed.

Moved in 2023
12 ↑ 20% vs 2022

people moved from Peru to Iceland · OECD (latest data available)

Who's moving to Iceland?

Top countries of origin for Iceland's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

How Peru and Iceland stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

PE
5.7
IS
1.1
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

PE
39%
IS
91%

Iceland performs significantly better than Peru across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

PE
$956
IS
$6,927
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

PE
16.2
IS
45.2

Peru generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

PE
26.0
IS
8.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

PE
2.0t
IS
8.5t

Peru generally does better on environment, though Iceland leads in air pollution deaths.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

PE
9.3
IS
38.2
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

PE
7.2%
IS
0.4%

Iceland performs significantly better than Peru across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

PE
4.8%
IS
3.6%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

PE
$15,100
IS
$66,500

Iceland generally does better on employment & economy, though Peru leads in top income tax rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

PE
68.9 yrs
IS
83.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

PE
10.8
IS
1.6

Iceland performs significantly better than Peru across all family life metrics.

Data: Superintendencia Nacional de Aduanas y de Administración Tributaria, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Lima Rain: 0.5 in/yr (13 mm)
72° / 62°F

Avg. annual high / low

Reykjavik Rain: 31.4 in/yr (798 mm)
45° / 35°F

Avg. annual high / low

Months Lima Reykjavik
Jan–Mar 79°/67°F (26°/19°C) 37°/28°F (3°/-2°C)
Apr–Jun 71°/62°F (22°/16°C) 48°/38°F (9°/4°C)
Jul–Sep 66°/58°F (19°/15°C) 54°/45°F (12°/7°C)
Oct–Dec 71°/62°F (22°/16°C) 39°/31°F (4°/-1°C)
View all months
Month Lima Reykjavik
Jan 78°/66°F (25.8°/19.1°C) 35°/27°F (1.9°/-3.0°C)
Feb 80°/67°F (26.5°/19.4°C) 37°/28°F (2.8°/-2.1°C)
Mar 79°/67°F (26.0°/19.2°C) 38°/28°F (3.2°/-2.0°C)
Apr 76°/64°F (24.3°/17.6°C) 42°/33°F (5.7°/0.4°C)
May 71°/61°F (21.7°/16.1°C) 49°/38°F (9.4°/3.6°C)
Jun 67°/60°F (19.7°/15.3°C) 53°/44°F (11.7°/6.7°C)
Jul 66°/59°F (18.7°/15.0°C) 56°/47°F (13.3°/8.3°C)
Aug 65°/58°F (18.4°/14.6°C) 55°/46°F (13.0°/7.9°C)
Sep 66°/58°F (18.7°/14.6°C) 50°/41°F (10.1°/5.0°C)
Oct 68°/59°F (19.9°/15.2°C) 44°/36°F (6.8°/2.2°C)
Nov 71°/62°F (21.9°/16.4°C) 38°/30°F (3.4°/-1.3°C)
Dec 75°/64°F (23.9°/17.7°C) 36°/27°F (2.2°/-2.8°C)

Data: Servicio Nacional de Meteorología e Hidrología del Perú Servicio Nacional de Meteorología e Hidrología del Perú, Icelandic Meteorological Office Icelandic Meteorological Office

Visitor Visa Requirements

Short-stay tourist visa rules between Peru and Iceland. To live, work, or study long-term in Iceland, you'll need a separate residence or work visa — check Iceland's immigration authority.

Peru passport

Peru passport holder visiting Iceland

Visa Free
Peru passport holders can enter Iceland without a visa.
Iceland passport

Iceland passport holder visiting Peru

Visa Free
Iceland passport holders can enter Peru without a visa.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Iceland than Peru?

Day-to-day costs in Iceland run about 263% higher than Peru on average; specific cities can swing further.

How much money do I need to move to Iceland?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a PEN254,104 comparable salary, that's around ISK8,542,406 in Iceland for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Iceland?

With 38.2 fixed broadband subscriptions per 100 people, Iceland can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Peru and Iceland.

Is Iceland safe for expats?

Iceland performs significantly better than Peru across all safety metrics. The homicide rate in Iceland is 1.1 per 100,000 people, compared to 5.7 in Peru. About 91% of people in Iceland feel safe walking alone at night.

How is healthcare in Iceland compared to Peru?

Peru generally does better on health & wellbeing, though Iceland leads in doctors per 10,000 people. There are 45.2 doctors per 10,000 people in Iceland, compared to 16.2 in Peru. Iceland scores 89 on the WHO universal health coverage index (Peru: 71).

What's the weather like in Iceland compared to Peru?

The average high temperature in Reykjavik is 45°F, compared to 72°F in Lima. Reykjavik receives around 31.4 in of rainfall per year, while Lima gets 0.5 in.

What language do they speak in Iceland?

The official language in Iceland is Icelandic. In Peru, the official languages are Aymara, Quechua and Spanish.

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At a Glance

PE IS
Population 32,275,736 357,603
Currency Peruvian Nuevo Sol (PEN) Icelandic Króna (ISK)
Languages Aymara, Quechua, Spanish Icelandic
Driving side Right Right
Calling code +51 +354
Time zones 1 1
Emergency number 105 112