Colombia vs Peru: Which Is Cheaper?

Colombia — Bogota
Colombia
Peru — Lima
Peru
Quick answer: Colombia is cheaper than Peru for everyday living — about $874 versus $946 a month, roughly 8% less. On other factors, Peru is safer and Peru has faster internet.

Colombia is the cheaper country overall — about 8% less than Peru, or roughly $874 versus $946 a month for a single person (population-weighted across 5 and 3 cities). A city-centre one-bedroom averages $561 in Colombia against $682 in Peru. Peru rates higher on safety (49 vs 31/100). Internet is faster in Peru (236 vs 201 Mbps). Healthcare scores 68 vs 58/100, favouring Colombia.

Colombia vs Peru at a glance

MetricColombiaPeru
Cost of living / mo$874$946
Rent (1BR, centre) / mo$561$682
Safety31/10049/100
Internet201 Mbps236 Mbps
Healthcare68/10058/100
Walkability57/10053/100
English spoken9%10%
Avg temperature74°F72°F
Digital nomad visaYesYes

Figures are population-weighted averages across 5 cities in Colombia and 3 in Peru.

Colombia vs Peru FAQ

Is Colombia or Peru cheaper to live in?

Colombia is cheaper — about $874 a month for a single person versus $946 — roughly 8% less.

Is Colombia or Peru safer?

Peru scores higher on safety: 49/100 versus 31/100.

Is Colombia or Peru better for retirement?

Colombia is the stronger pick for retirees — both cheaper ($874/mo) and higher on healthcare (68/100).

Which is better for digital nomads, Colombia or Peru?

Peru has faster internet (236 vs 201 Mbps), but Colombia stretches a remote income further at $874/mo.

Is Colombia or Peru better to visit?

Colombia is the more budget-friendly trip at roughly $874 a month for day-to-day costs, while Peru edges it on safety (49/100). Both offer plenty of variety — 5 cities in Colombia and 3 in Peru.

Which should you choose?

On balance, Colombia comes out ahead — it leads on a lower cost of living, cheaper rent, better healthcare and is the cheaper of the two at $874/mo.

Choose Colombia for

  • a lower cost of living
  • cheaper rent
  • better healthcare
  • better walkability

Choose Peru for

  • higher safety
  • faster internet