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Country guide · Peru

Moving to Peru: cost of living, salaries, taxes, visas

Lima anchors a low-cost Pacific economy; foreign-income rules favour new residents in their first months; Andes-and-coast lifestyle at a fraction of OECD prices.

Peru — anchored by Lima for our data — offers one of the lowest costs of living among major Latin American capitals, with a growing remote-worker presence in Lima's Miraflores and Barranco districts and a cheaper alternative in Arequipa. Salaries are modest, but rent, food, and transport run far below OECD levels.

For relocators the draw is affordability rather than tax engineering: Peru taxes residents on worldwide income once residency is established, with progressive rates that stay moderate for mid-career salaries. Spanish is essential outside expat circles, and healthcare is split between a stretched public system and affordable private clinics.

Data signals

What the numbers say about Peru

  • The take-home math

    Take-home pay in Peru is shaped by a roughly 12% effective payroll deduction (income tax + social security), with VAT at 18%.

  • The main hub

    Its primary hub, Lima, carries a cost index of 36 (New York = 100).

  • Cost spread within the country

    Across the 2 Peru cities we track, the cost index spans 32 (Arequipa) to 36 (Lima).

At a glance

Peru relocation profile

Anchor city
Lima
Cost index 36
Cities in catalog
2
Across the country
Effective payroll deduction
12%
Income 12% + SS 0%
Currency
PEN
VAT 18%

Mundevo coverage in Peru

Cost-of-living detail pages for each Peru city in the catalog.

CityCost indexRent indexSafetyPopulation
Lima3616309,600,000
Arequipa3210451,100,000

Tax and visa landscape

Headline tax model + entry-point visa overview for relocators.

Tax model
  • Effective income tax: 12.0%
  • Social security (employee): 0.0%
  • Total payroll deduction: 12.0%
  • VAT: 18.0%
  • Currency: PEN

Effective rates assume a single salaried filer at country median wage. Special regimes (e.g. expat-favoring schemes) are not applied here — see the visa guide for those.

Visa landscape

A dedicated visa guide for Peru is not yet published. For current rules and category eligibility, contact the Peru consulate in your country of residence.

Salary bands at Lima — by role

Illustrative gross-salary bands for 6 senior IC roles in Lima. Derived from NYC anchor × Peru pay-tier multiplier. Cross-check Levels.fyi, Glassdoor before negotiating.

RoleP25P50P75NYC anchor (P50)
Software engineerPEN 268,519PEN 333,333PEN 425,926$180,000
Product managerPEN 277,778PEN 361,111PEN 481,481$195,000
UX / product designerPEN 183,333PEN 241,667PEN 325,000$145,000
Marketing managerPEN 158,333PEN 216,667PEN 291,667$130,000
Data scientistPEN 250,000PEN 324,074PEN 425,926$175,000
Finance analystPEN 203,704PEN 287,037PEN 407,407$155,000

Top relocation corridors

Closest peers by cost-of-living index — the moves most commonly considered alongside Peru.

Related terms

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