Chile vs Peru: Which Is Cheaper?
Quick answer: Peru is cheaper than Chile for everyday living — about $946 versus $1,073 a month, roughly 12% less. On other factors, Chile is safer and Chile has faster internet.
Peru is the cheaper country overall — about 12% less than Chile, or roughly $946 versus $1,073 a month for a single person (population-weighted across 3 and 2 cities). A city-centre one-bedroom averages $587 in Chile against $682 in Peru. Chile rates higher on safety (60 vs 49/100). Internet is faster in Chile (344 vs 236 Mbps). Healthcare scores 66 vs 58/100, favouring Chile.
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