Verified Facts

Official NameRepublic of Peru
CapitalLima
Population34.4 million
Area1,285,216 km² (496224 sq mi)
LanguagesAymara, Quechua, Spanish
CurrencyPeruvian sol (S/ )
TimezoneUTC-05:00
RegionAmericas / South America
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$17,802 (2024)
Inflation Rate2.0% (2024)
Health Spend per Capita$446 (2023)
Out-of-Pocket Health Spend27.0% (2023)
Education Spend (% GDP)4.2% (2023)
Source: World Bank Open Data

The cost of food in Peru can vary depending on the location, with meals at inexpensive restaurants starting from around $3 USD and monthly grocery budgets for one person ranging from $150-$300 USD.

Quick Facts

Meal at Inexpensive Restaurant($3 USD)
Meal for 2 at Mid-Range Restaurant($20 USD)
Monthly Grocery Budget (1 person)($150-$300 USD)
Local Beer (500ml)($2 USD)
CurrencyPEN

Food Costs Overview

Peru's food prices are generally lower compared to the regional average, making it an attractive destination for travelers and expats. The cost of food in Peru is driven by factors such as transportation costs, seasonal availability of produce, and government subsidies. The eating-out culture in Peru is vibrant, with many restaurants and street food stalls offering a wide range of traditional dishes at affordable prices. However, home cooking is also a popular option, with many Peruvians preferring to buy fresh ingredients from local markets and cook meals at home. The country's rich culinary heritage, which combines indigenous, Spanish, and African influences, offers a diverse range of dishes to suit all budgets.

The prices of food in Peru can fluctuate depending on the location, with cities like Lima and Cusco tend to be more expensive than smaller towns and rural areas. Additionally, the prices of imported goods, such as dairy products and meat, can be higher than local alternatives. However, with a little planning and knowledge of where to shop, it is possible to eat well in Peru without breaking the bank. The country's gastronomic scene is renowned for its use of fresh ingredients, bold flavors, and traditional cooking techniques, making it a paradise for foodies.

Grocery Prices

ItemPrice (USD)Local PriceNotes
Milk (1 liter)$1.204.50 PEN
Bread (white loaf)$1.505.50 PEN
Eggs (dozen)$1.806.50 PEN
Rice (1 kg)$1.204.20 PEN
Chicken breast (1 kg)$3.5012.50 PEN
Beef (1 kg)$6.0022.00 PEN
Apples (1 kg)$2.509.00 PEN
Tomatoes (1 kg)$1.505.50 PEN
Potatoes (1 kg)$1.003.50 PEN
Onions (1 kg)$0.802.80 PEN
Local cheese (1 kg)$5.0018.00 PEN
Water (1.5L bottle)$1.003.50 PEN

Restaurant Prices

Meal TypePrice Range (USD)Notes
Street Food / Local Eatery$3-$5(typical dishes like ceviche, lomo saltado)
Casual Restaurant$10-$15(one person, 2 courses)
Mid-Range Restaurant (2 people)$20-$30(3 courses)
Fine Dining (2 people)$50-$70(upscale, 5 courses)
Local Beer (draft, 500ml)$2-$3
Imported Beer (330ml)$4-$5
Cappuccino$2-$3
Soft Drink (can)$1-$2

Supermarket vs Local Market

The prices of groceries in Peru can vary significantly depending on whether you shop at a supermarket or a local market. Supermarkets tend to be more expensive, with prices around 10-20% higher than those found at local markets. However, supermarkets often offer a wider range of products, including imported goods, and can be more convenient for those looking for a one-stop shopping experience. Local markets, on the other hand, offer a more authentic shopping experience, with vendors selling fresh produce, meats, and other staples at competitive prices. When shopping at local markets, it is common to haggle over prices, especially when buying in bulk.

When deciding where to shop, it is worth considering what you need to buy. For fresh produce, local markets are often the best option, with vendors offering a wide range of fruits and vegetables at competitive prices. For packaged goods, such as rice, pasta, and canned goods, supermarkets may be a better option. Additionally, supermarkets often have a wider range of organic and specialty products, which may be harder to find at local markets. By shopping at a combination of both supermarkets and local markets, you can take advantage of the best prices and products that each has to offer.

Local Food Tips

  • Eat at local restaurants and street food stalls, which offer a wide range of traditional dishes at affordable prices.
  • Try ceviche, a classic Peruvian dish made with fresh seafood marinated in citrus juices.
  • Buy fresh produce at local markets, where you can find a wide range of fruits and vegetables at competitive prices.
  • Avoid buying imported goods, such as dairy products and meat, which can be more expensive than local alternatives.
  • Try local cheese, such as queso fresco, which is a staple in Peruvian cuisine.
  • Drink local beer, such as Cusqueña or Pilsen, which is widely available and affordable.
Related Cost Guides: Cost of Living Overview · Monthly Budget · Rent & Housing · Economy