Mexico vs Peru: Which Is Cheaper?
Quick answer: Peru is cheaper than Mexico for everyday living — about $946 versus $1,451 a month, roughly 35% less. On other factors, Peru is safer and Peru has faster internet.
Peru is the cheaper country overall — about 35% less than Mexico, or roughly $946 versus $1,451 a month for a single person (population-weighted across 3 and 12 cities). A city-centre one-bedroom averages $682 in Peru against $1,109 in Mexico. Peru rates higher on safety (49 vs 38/100). Internet is faster in Peru (236 vs 88 Mbps). Healthcare scores 64 vs 58/100, favouring Mexico.
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