Cost of living in Peru

Answers to your qestions about moving to, and living in, Peru,
hondurasoman
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Re: Cost of living in Peru

Postby hondurasoman » Wed Aug 14, 2013 5:35 am

It's August 2013, could someone post a current cost a living for a frugal couple? We tend to live as locals, so what is the price to rent a simple apartment, one bedroom or studio (though in Honduras everything seemed to be at least two bedrooms, but the point for us is we can do with less than maybe others)? A modest food budget (cooking at home with some eating out at the small "restaurants" and vendors)? Transportation (Are buses safe or best to stick to taxis? And are there official and unofficial taxis, as in cheaper taxis that the Lima university student or the typical Lima family would take?) Just looking for a sense of the three basics: rent, food and transport. Maybe based on what we're trying to asses for our level of living, you might be able to offer a guess at what a reasonable per-month budget would be for a couple like us?

Also, is there a way to filter the posts by dates? It seems to default to the older posts, so I then clicked to page 15 for the newer, but then there were posts form 2005 mixed in with posts from 2013. Is that just how it works, or is there a filter I have missed?

Thank you,
Ana


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Re: Cost of living in Peru

Postby 28 de julio » Sat Aug 24, 2013 1:26 am

hondurasoman wrote:It's August 2013, could someone post a current cost a living for a frugal couple? We tend to live as locals, so what is the price to rent a simple apartment, one bedroom or studio (though in Honduras everything seemed to be at least two bedrooms, but the point for us is we can do with less than maybe others)? A modest food budget (cooking at home with some eating out at the small "restaurants" and vendors)? Transportation (Are buses safe or best to stick to taxis? And are there official and unofficial taxis, as in cheaper taxis that the Lima university student or the typical Lima family would take?) Just looking for a sense of the three basics: rent, food and transport. Maybe based on what we're trying to asses for our level of living, you might be able to offer a guess at what a reasonable per-month budget would be for a couple like us?

Also, is there a way to filter the posts by dates? It seems to default to the older posts, so I then clicked to page 15 for the newer, but then there were posts form 2005 mixed in with posts from 2013. Is that just how it works, or is there a filter I have missed?

Thank you,
Ana


Hi Ana,
You'll have to be more specific whereabouts you want to live, as things vary from town to town and Lima is in a world of its own. I'm guessing from your post you'd want to live in Lima, but unfortunately saying you want to live like a local means nothing in Lima. I think in Lima, how you need to think is, I want to live in a place that's the cheapest safe place in Lima. In a very cheap district you could live very frugally if you're happy to risk being mugged every night. Then there are the districts which have prosperous and less prosperous parts like Surco, where in a nice-ish part you could get a one bedroom apartment on a one year lease for about $500 a month, $600 for a brand new unfurnished three bedroom apartment in Surco Viejo which is a little more rough and ready, but definitely up and coming. $400-500 will you get a nice one bedroom apartments in the better parts of Surquillo close to San Borja and Mirafloares.

By the way in Lima, taxis are cheap in Lima and buses are very cheap. You could probably go from one end of the city to the other for $1.50, but it'll take you at least a few hours, as they're slower than taxis and the traffic's pretty horrible. A short hop on a bus will only cost you half a sol and a longer journey a sol and a half, which is just under 50 cents. Arguably buses are probably safer than taxis hailed in the street, but again if you're getting off in a poor neighbourhood, you're not safe once you're off it.

Menus del dia at lunchtime can be great value, from $2-5 per head. Although, for the cheaper ones, you might need a strong stomach. Supermarkets aren't cheap, but they run special offers. Big markets like the one in Surquillo is only worth going to if you're bulk buying and good at negotiating and building relationships with the vendors.

If it's Lima, you want to live in I think the two of you could get by on $1,200-1,500 a month for a frugal lifestyle that doesn't verge on the miserable. But then we might have very different ideas of frugal.
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Re: Cost of living in Peru

Postby hondurasoman » Sat Aug 24, 2013 12:20 pm

We're actually looking at different cities and rural areas in Latin America. I'm Colombian and we have friends in Chile, Colombia and Honduras, but since our plane is landing in Peru were considering Lima as well some other areas of Peru. Thank you for laying out Lima in detail. It's helpful to hear details not only about neighbourhoods, but also transportation. Interestingly enough, in Honduras it was the opposite situation; buses were too dangerous and taxis were safer, and unmarked taxis were the best value with manageable risk. Thanks for your post; I especially appreciated your breakdown of neighbourhoods by cost/safety.
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Re: Cost of living in Peru

Postby 28 de julio » Sat Aug 24, 2013 1:08 pm

hondurasoman wrote:We're actually looking at different cities and rural areas in Latin America. I'm Colombian and we have friends in Chile, Colombia and Honduras, but since our plane is landing in Peru were considering Lima as well some other areas of Peru. Thank you for laying out Lima in detail. It's helpful to hear details not only about neighbourhoods, but also transportation. Interestingly enough, in Honduras it was the opposite situation; buses were too dangerous and taxis were safer, and unmarked taxis were the best value with manageable risk. Thanks for your post; I especially appreciated your breakdown of neighbourhoods by cost/safety.


No problem. I left a note on another thread to Alan about starting a new cost of living thread as I think you make a really valid point about this one. There are 15 pages going back several years. Hopefully someone will start a new one, or perhaps do it city by city. The buses are probably safer because they are mainly small combis and there's almost always a cobrador and at least several other passengers. Most of the taxis are unlicensed like Honduras, but I always think it's safer to pick the taxi and not let the taxi pick me.

By the way, Arequipa's a lovely city and it's not that far from the Chilean border, so you could go over to Arica for visa reasons and if you've got friends there, catch a bus to other parts of Chile. It's also not far from Bolivia. A really nice place I lived in Bolivia was Sucre, very beautiful city, although a little on the dull side, but everything was very good value. Very easy to live quite well there and perhaps like a local without breaking the bank. There's another poster on this site called Chi Chi who says Tarapoto is a great place to live.
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Re: Cost of living in Peru

Postby Skipper Dan » Fri Nov 29, 2013 9:40 am

hondurasoman wrote:It's August 2013, could someone post a current cost a living for a frugal couple? We tend to live as locals, so what is the price to rent a simple apartment, one bedroom or studio (though in Honduras everything seemed to be at least two bedrooms, but the point for us is we can do with less than maybe others)? A modest food budget (cooking at home with some eating out at the small "restaurants" and vendors)? Transportation (Are buses safe or best to stick to taxis? And are there official and unofficial taxis, as in cheaper taxis that the Lima university student or the typical Lima family would take?) Just looking for a sense of the three basics: rent, food and transport. Maybe based on what we're trying to asses for our level of living, you might be able to offer a guess at what a reasonable per-month budget would be for a couple like us?


Thank you,
Ana


I am about as frugal as it gets, and I live pretty good. I do not have to pay for housing because we own but the rest I pay for. We have the highest internet speed 4 almost cable (we just paid the movistar guy to hook it up for $100 soles) no box but we get enough channels. house phone plus two cells. very hot water continuous LP. I save 400 per month out of my pay to pay all these expenses and use it all up each month. We do go out a few times on this also. A night out usually runs 100 soles (Movies). You can easily rent an apartment for 500 to 600 per month. We had a really nice apartment in Monterrico (high end) for 700 a month. You just have to look around. Chorrillos is a really nice place if you get into a good neighborhood. We live in Surco but our neighborhood borders Chorillos and we have very little crime. Of course we do not run around at 2:00 in the morning either. A car is not necessary in Lima. We do have a nice Volkswagen bug ($1500.00) Soat is like S/. 80.00. 50 soles a week for fuel is plenty. We use anywhere from $300 to $500 in food each month. Heath care is the best, you can pay as little as you want. I just had a colonoscopy and endoscopy at the Japanese clinic (Very nice upscale clinic) $500.00 for both. There is not really a need for insurance unless you go to the hospital a lot. You can go to the next to free hospital if you really need to. They have health care that ranges for all walks of life from the very rich to the very poor. The Surco clinic is the best you just go in and talk to the specialist you need. no fancy stuff just answers. s/. 10 Soles. meds are next to nothing. This is all for a family of 3. On the other hand I started out on the beach with an appartment for 150 per month included elc water internet, If I wanted it 10 soles would get me three meals per day. I opted for a refr in my room with a hot plate. cost me a little more for food but I ate what I cooked.

For transportation you have the Metropolitano the best. You also have Plaza taxis, they are based out of the Plaza and are the safest. The next best are the bigger buses, I only know them by sight (yellow white 08 or 03) goes from Pantanos De Villa to up the Panamerican Sur and the 08 up by Central Lima. The next size smaller busses (you can still stand up) are still safe they travel almost anywhere just read on the side we have a yellow cream bus stationed right by our house, again it goes all over. The combis are rideable but you just have to be careful of where you get on and off. Do not get on and off by big hubs, The sur, Javiar Prado overpasses and such. Think of it this way, if the guy robs you how fast can he disappear. Taxis are hit and miss, we loaded all our belonging into a nice taxi once and he just drove off before we could get in. We rode a taxi that did not look like it could get to the next block and he was the nicest guy in Peru. I ride all over Peru on my bike Chorrillos to Central Lima is a nice ride. I used to live in Monterrico and worked in San Isidro, I rode to work every day, I was in the best shape of my life and crime is not an issue. Even walking if you walk fast enough no one bothers you. We will walk from home to Plaza Lima Sur about 2 miles and back rather than take a taxi. But you bike is the best bet. They also have bikes with little motors if you do not like to pedal.

In Peru you can get by for $200 per month or $1500.00 to $2000.00 If you have the money you can pay $2000.00 just for an apartment. There are just so many choices in Peru.

Dan
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Re: Cost of living in Peru

Postby 19naia » Thu Feb 06, 2014 9:14 pm

I,ve read those old expat reports so common about the standard $800 a month(us dollars) and then people saying its more like $1200 a month nowadays....Im solo at $750. a month in peru 2014 and live in a decent hotel and eat out and actually have to spend on stray outings to use up $750...I was at $600 in nicaragua and $700 in philippines...It seems the $800 standard about averages out for basic adaptable standard of living for first timers in a lot of expat favorite countries ;but peru is one where the inflation to $1200 a month budget is restricted to certain areas as the locals learn to demand more from foriegners....Its possibke still to learn how to shave down to a few hundred a month like the locals,but thats for those who can adapt to all kinds of instability of ammenities and decency...If i went that cheap,i would save a bundle but for what? I would want to make life a bit better with it anyway,so why not spend it makeing better right from the start...The hustle and pressure to get the expats dollars out from under them is constant and so i live the medium standard between local and expat to not spend it all and not be overwhelmed trying to spend less,and the very worse for me is to go out to pay more only to find the same level of service and quality as before but just in a different place...Far too often in Peru,the high price only reflects what they can get out of you and not what you will get in return..One more input,hope it helps some one..i bet $750. can work for a couple going frugal experienced with local standard life ,and lima is not the only place in peru,cheaper out of lima yet lima has areas comparable in price to the cheapest cities but with a lot more desperate activities to spare :shock:
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Re: Cost of living in Peru

Postby chi chi » Wed Mar 05, 2014 4:43 am

19naia wrote:I,ve read those old expat reports so common about the standard $800 a month(us dollars) and then people saying its more like $1200 a month nowadays


That's the kind of money spend by expats that live in a luxurious penthouse at the Malecón with seaviews. They also have a maid, private teacher for their children, a nanny, a gardener and a personal driver that drives them around in a high spec luxury car.

Very, very few people in Peru have that kind of money to spend.
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Re: Cost of living in Peru

Postby chi chi » Wed Mar 05, 2014 4:48 am

19naia wrote:$700 in philippines


For sure, you lived in a penthouse in the Trump Tower in Makati.
When I lived in the Philipines, I lived off $150 a month and that was quite a lot of money.
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Re: Cost of living in Peru

Postby Guiri » Wed Mar 05, 2014 7:42 pm

chi chi wrote:
19naia wrote:I,ve read those old expat reports so common about the standard $800 a month(us dollars) and then people saying its more like $1200 a month nowadays


That's the kind of money spend by expats that live in a luxurious penthouse at the Malecón with seaviews. They also have a maid, private teacher for their children, a nanny, a gardener and a personal driver that drives them around in a high spec luxury car.

Very, very few people in Peru have that kind of money to spend.

I dont know when do you lived in Lima and where the last time but 1200 dollars are not exactly a fortune in nowadays Lima :/
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Re: Cost of living in Peru

Postby sprite » Sun Mar 09, 2014 7:38 pm

i'm in cusco, which i suspect is cheaper than lima.
we just got here, and it was very helpful for us to learn that the minimum wage is 3.5 soles (based on a 6 day, 48 hours week).

aside from that, no idea. we are renting a large room in a shared house near the centre of cusco for about 1500 soles for the first month. the family we're living with at the moment seem to think that's on the slightly high end of normal.
when we eat out, we try to go to places that do a set menu between 7-10 soles, but mostly we eat with the family and when we move to the house we'll prepare most of our food at home.

there's a massive difference in lifestyle between those expats working for large foreign firms with high pay and extra benefits, and those who are coming here to retire or work on their own steam (in any country, not just peru). it's hard to compare with peruvians, because a lot of them seem to be living in extended family units, so costs are shared in a way expats can't replicate.
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Re: Cost of living in Peru

Postby sprite » Sun Mar 09, 2014 7:51 pm

why would someone living in a penthouse need a gardener??
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Re: Cost of living in Peru

Postby Alpineprince » Wed Mar 19, 2014 1:30 pm

sprite wrote:why would someone living in a penthouse need a gardener??

Because the maid does a lousy job! :lol:
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Re: Cost of living in Peru

Postby mattigol » Wed Apr 09, 2014 5:25 pm

The current cost of living is similar to most cities in the US (excluding more expensive ones like New York, California, etc.)

We are a family of 4 and need about $1000 for rent $1000 per month for school, $300 for a car, $150 for insurance, and groceries are expensive and amount to about $800 per month.

We do live in a nicer area of the city and generally shop at supermarkets.
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Re: Cost of living in Peru

Postby chi chi » Fri May 02, 2014 6:59 pm

mattigol wrote:The current cost of living is similar to most cities in the US (excluding more expensive ones like New York, California, etc.)

We are a family of 4 and need about $1000 for rent $1000 per month for school, $300 for a car, $150 for insurance, and groceries are expensive and amount to about $800 per month.

We do live in a nicer area of the city and generally shop at supermarkets.


If you want to live in a nicer área in New York, you pay $5000 a month to rent a place.

In Lima, you can a brandnew 3 bed, 2 bed flat in a condo with gym, swimming pool, internet café and concierge for $220 a month. Public schools are free and you don't need a car in Lima. Public transport gets you everywhere. And if you go to the mercado, you can cut your grocery bills easily in two.
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Re: Cost of living in Peru

Postby ironchefchris » Fri May 02, 2014 11:38 pm

Public schools are free but do any expats on this forum (or expats you know not on this forum) with children enroll them in the public school system? Every Peruana I know with children sends them to private school and they all say how expensive it is to do so.
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Re: Cost of living in Peru

Postby chi chi » Sat May 03, 2014 2:07 am

mattigol wrote:$1000 per month for school.




ironchefchris wrote:Public schools are free but do any expats on this forum (or expats you know not on this forum) with children enroll them in the public school system? Every Peruana I know with children sends them to private school and they all say how expensive it is to do so.


Most Peruvians make less than $300 a month so very few can afford to pay $1000 in schoolfees for their children.
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Re: Cost of living in Peru

Postby ironchefchris » Sat May 03, 2014 9:58 am

chi chi wrote:
mattigol wrote:The current cost of living is similar to most cities in the US (excluding more expensive ones like New York, California, etc.)

We are a family of 4 and need about $1000 for rent $1000 per month for school, $300 for a car, $150 for insurance, and groceries are expensive and amount to about $800 per month.

We do live in a nicer area of the city and generally shop at supermarkets.


If you want to live in a nicer área in New York, you pay $5000 a month to rent a place.

In Lima, you can a brandnew 3 bed, 2 bed flat in a condo with gym, swimming pool, internet café and concierge for $220 a month. Public schools are free and you don't need a car in Lima. Public transport gets you everywhere. And if you go to the mercado, you can cut your grocery bills easily in two.


Oh. I see what you did there. You're comparing apples (living in a nicer area of NY and all the related costs of living that implies) to bicycles (sending your kids to public schools in Lima and all the related costs...). If you are going to accurately compare costs of living, you need to compare like situations.

Do you know any expats sending their kids to public schools?
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Re: Cost of living in Peru

Postby DC_20833 » Tue May 06, 2014 2:39 am

chi chi wrote:In Lima, you can a brandnew 3 bed, 2 bed flat in a condo with gym, swimming pool, internet café and concierge for $220 a month. Public schools are free and you don't need a car in Lima. Public transport gets you everywhere. And if you go to the mercado, you can cut your grocery bills easily in two.


What have you been smoking?
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Re: Cost of living in Peru

Postby DC_20833 » Tue May 06, 2014 3:09 am

chi chi wrote:Most Peruvians make less than $300 a month so very few can afford to pay $1000 in schoolfees for their children.


Private School options here run the range from $150 per month to $1500 + I think Roosevelt is the most expensive and that runs about $20,000 per year I think don`t hold me to that figure. Schools like Roosevelt will have turn down three to four students for every one they accept and the cheaper schools are begging for students. From what I have heard a lot of the students at Roosevelt are the children of US Embassy Staff most are from wealthy Peruvian families.

In my building there is an American Family who has three kids the parents do something regarding Computers and can live anywhere and moved here to put their kids in Roosevelt. They told me it was far cheaper than a similar private school in the states. The wife is Peruvian. The School Tuition is just the beginning then you have to pay for Bus Service, Uniforms, Books, Field Trips and other things that add up.
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Re: Cost of living in Peru

Postby chi chi » Wed May 07, 2014 5:23 am

DC_20833 wrote:
chi chi wrote:In Lima, you can a brandnew 3 bed, 2 bed flat in a condo with gym, swimming pool, internet café and concierge for $220 a month. Public schools are free and you don't need a car in Lima. Public transport gets you everywhere. And if you go to the mercado, you can cut your grocery bills easily in two.


What have you been smoking?


http://urbania.clasificados.pe/alquiler ... os-1329420

http://urbania.clasificados.pe/alquiler ... os-1317000


Jim, not all gringos stay in the tourist districts because they know they get ripped off there.
For the price that you pay to rent your room you can probably rent a nice flat out the district áreas.
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Re: Cost of living in Peru

Postby ironchefchris » Wed May 07, 2014 10:11 am

Once again, you're not making like comparisons. I agree, not all gringos stay in the tourist areas (nicer areas) such as Miraflores, Barranco, San Isidro, but when giving examples for New York you only mention the costs of living in nicer areas. Not all expats who live in NY live in those nicer areas. In fact, NY is filled with expats, most of whom don't live in the nicer areas you use to compare to what it costs to live in Lima.

I think it would benefit the OP more if you were to compare apples to apples and not apples to bicycles.

For example, you mention that it is free to send your kids to public school. Again, do you know any expats that are actually sending their kids to free public schools here in Peru?
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Re: Cost of living in Peru

Postby Ron » Wed May 14, 2014 2:56 pm

Chi Chi,

The first rental you posted is a one bed/bath and the second is not even in Lima. It says it is 3 beds/2 baths but is 63 sq meters which is roughly 680 sq feet!!! So with 5 separate rooms each would have to be extremely small!!!!
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Re: Cost of living in Peru

Postby GringoJames » Sat Jun 14, 2014 2:33 pm

Just for entertainment as much as fact.

I live by choice in one of the cheaper parts.

I believe I can get by on 120usd a week. Exsist.

Thats just giving you a extreme perspective.

The most expensive things I found was my cellphone with data and taxis.

Over all though the most expensive was the "peruano amigo querido" ! That's a joke or maybe not.

I'm a bus man now. I'd recommend phone on a plan and a car.
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Re: Cost of living in Peru

Postby Scotsman » Tue Aug 05, 2014 4:36 pm

Looking for some rough estimates of monthly cost of living for a young single guy who likes to socialize, drink and date often.

I am 30, UK citizen, have funds from abroad ($2,200 USD p/m approx).

Been living in Bangkok for the past year but would like a change.

I spent around $1,100 USD p/m there and lived a nice life. Not flash but not penny pinching either.

Apartment was basic but fine, free wifi and cable TV, maid service once a week for $5 and had a pool, gym, 2 restaurants, poolside bar, massage, grocery store and laundry on site in centre of town.

I certainly don't need the pool, gym, or massage as I rarely used them but you don't have to pay much in BKK to have that sort of time (my apartment was just $270 p/m and about another $20 for electricity and water).

Ate local food 90% of the time at small local restaurants (basic) and the ocassional Western / junk food.

Like to drink beer often. Like to go out to bars, listen to live music, drink all night, date often and socialize. 3-4 times per week.

Would prefer to pay to get laundry done, eat out every night, and apartment cleaned.

Will spend most of my days in coffee shops online.

With that information can someone give me rough ideas of monthly spending for both Lima and Cusco?

Thanks,
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Re: Cost of living in Peru

Postby chi chi » Fri Sep 19, 2014 5:37 am

Scotsman wrote:Looking for some rough estimates of monthly cost of living for a young single guy who likes to socialize, drink and date often.

I am 30, UK citizen, have funds from abroad ($2,200 USD p/m approx).

With that information can someone give me rough ideas of monthly spending for both Lima and Cusco?

Thanks,


$2200 is around 6000 soles a month. That's a lot of money considering the mínimum wage is 750 a month before taxes.

With that kind of money, you can afford a nice flat, have a full time live-in maid and socialise a lot.

(just be carefull that you don't date a brichera :shock: because she will go through your budget in no time at all)
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Re: Cost of living in Peru

Postby atifkhan » Sun Oct 05, 2014 6:47 am

Hi
Its me Dr atif from Pakistan.Im a medical dr graduated from Cuba.I want to work in Peru as medical doctor.How is pay for drs in Peru.Is it enough pay to have a sound life there.
Regards
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Re: Cost of living in Peru

Postby mammamia » Mon Oct 06, 2014 8:15 pm

atifkhan wrote:Hi
Its me Dr atif from Pakistan.Im a medical dr graduated from Cuba.I want to work in Peru as medical doctor.How is pay for drs in Peru.Is it enough pay to have a sound life there.
Regards

All depends on your qualification (Cuban medical diplomas are highly valued in Peru, by the way), luck and connections, of course. A friend of mine had his diploma apostilled and recognized by the Peruvian labor ministry and got a job at a state hospital even though his Spanish is far from perfect. It pays him around S/. 5,000 a month.
I don't know about Pakistan but for a doctor coming from Cuba it should sound good enough.
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Re: Cost of living in Peru

Postby atifkhan » Mon Oct 06, 2014 11:15 pm

Thanks(mammamia)Thanks Allah my Spanish is good..and was one of best students in spanish course in Cuba.Thanks alot to give me time for ur reply to my message.
God protect u
Goodbye
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Re: Cost of living in Peru

Postby jvimage » Tue Oct 07, 2014 11:38 am

My family of two and I moved to Lima in 2007 and finally returned home to the US April, 2014. We saw the cost of living double over the years. When we arrived in Lima we rented a 3 bedroom house with an office space (den) overlooking a big yard in quaint San Antonio, Miraflores, for $750 US. By 2011 we were paying $1,500. Basic supply and demand, really. By then most single family homes were being torn down to build tiny "depas", with useless maids quarters... Our son's school was $450 US a month in 2007, and kept crawling up unchecked by any QC oversight entity until it reached a crazy frenzy his last school year in 2013, and we were paying $1,200 a month.

Don't like to sound negative, but really, I have concluded that the main engine driving Peru's economy nowadays is greed, and everybody is in on it. Some of our dear friends in Lima who bought into the credit card racket are paying 40%-50% ,"with good credit", and in some cases close to 80% interest on bank credit cards. Just plain usury. Again, no consumer protection, no oversight.

Hindsight, we are glad to have spent time in Peru doing work that was both meaningful to us and helpful to the country. However, we are REALLY glad to be back home. The quality of life in Peru is going down the drain, even though you pay more for just about everything.

And so it goes...
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crazytacoperu.com
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Re: Cost of living in Peru

Postby crazytacoperu.com » Thu Oct 09, 2014 10:25 am

mammamia wrote:
atifkhan wrote:Hi
Its me Dr atif from Pakistan.Im a medical dr graduated from Cuba.I want to work in Peru as medical doctor.How is pay for drs in Peru.Is it enough pay to have a sound life there.
Regards

All depends on your qualification (Cuban medical diplomas are highly valued in Peru, by the way), luck and connections, of course. A friend of mine had his diploma apostilled and recognized by the Peruvian labor ministry and got a job at a state hospital even though his Spanish is far from perfect. It pays him around S/. 5,000 a month.
I don't know about Pakistan but for a doctor coming from Cuba it should sound good enough.


I know a few doctors, and they make peanuts. One is from Cuba, she is awesome, she got a full scholarship at age 16. She told me she makes about 1500 soles a month working for a mining company. In Lima, where I met her, she was making 900 soles a month.
..A Peruvian once asked me:what's the difference between special and abnormal?.....well my answer was : Lady Gaga and Miley Cyrus..
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Re: Cost of living in Peru

Postby mammamia » Thu Oct 09, 2014 12:48 pm

[quote="crazytacoperu.com

I know a few doctors, and they make peanuts. One is from Cuba, she is awesome, she got a full scholarship at age 16. She told me she makes about 1500 soles a month working for a mining company. In Lima, where I met her, she was making 900 soles a month.


Right, just like I said, it all depends. The friend that I mentioned was lucky, I guess, and somebody helped him get a job at a MINSA hospital. Besides, he's a surgeon and they need surgeons badly, especially in provincial hospitals. My wife's cousin, for example, also works for a state hospital and her pay is around S/.1800 a month which is not much. Also, one shouldn't forget that in many jungle areas due to the lack of qualified doctors hospitals, or rather postas de salud, hire people with little or no experience at all paying them good money, though work conditions leave much to be desired there. Peru is a big country and our Pakistani friend can try and make it happen, though I would recommend that first he check out countries like Australia, Canada and even Spain (since he speaks Spanish) before coming to Peru.
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Re: Cost of living in Peru

Postby Orbital81 » Wed Oct 15, 2014 8:35 am

As I'm always pretty shocked at how expensive things are and how awful a lot of the stuff available is, I've actually created a blog to document the few nice, reasonably priced things I do find. Obviously its all a matter of taste - you might not like mine - and budgets (mine's almost non-existent) but some of the things on offer are quite a bargain. Mostly its cheaper to take a photo of something than to actually buy it so its good therapy for me...http://cptlima.blogspot.com/
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Re: Cost of living in Peru

Postby gringolandia » Thu Nov 20, 2014 12:02 pm

DC_20833 wrote:I think Roosevelt is the most expensive and that runs about $20,000 per year I think don`t hold me to that figure.


That figure is close but a bit on the high side. Roosevelt is a bit less than $14K a year. However that does not include the one time $17K entrance fee (as of this year). Assuming you put your child in at the age of 4 and go all the way to high school graduation, that works out to about $1100 extra, so overall about $15K a year. Obviously the math works out worse if you bring older kids in for a shorter time, so some people could end up spending $20K (or more) per year if their child attends for only a few years.

This is very expensive for Peru, but actually pretty cheap for private school in a US city like Chicago. We were paying over $21K / year for just preschool in Chicago, and that was the going rate.
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Re: Cost of living in Peru

Postby tntconsulting » Tue Dec 02, 2014 9:02 am

jvimage wrote:My family of two and I moved to Lima in 2007 and finally returned home to the US April, 2014. We saw the cost of living double over the years. When we arrived in Lima we rented a 3 bedroom house with an office space (den) overlooking a big yard in quaint San Antonio, Miraflores, for $750 US. By 2011 we were paying $1,500. Basic supply and demand, really. By then most single family homes were being torn down to build tiny "depas", with useless maids quarters... Our son's school was $450 US a month in 2007, and kept crawling up unchecked by any QC oversight entity until it reached a crazy frenzy his last school year in 2013, and we were paying $1,200 a month.

Don't like to sound negative, but really, I have concluded that the main engine driving Peru's economy nowadays is greed, and everybody is in on it. Some of our dear friends in Lima who bought into the credit card racket are paying 40%-50% ,"with good credit", and in some cases close to 80% interest on bank credit cards. Just plain usury. Again, no consumer protection, no oversight.

Hindsight, we are glad to have spent time in Peru doing work that was both meaningful to us and helpful to the country. However, we are REALLY glad to be back home. The quality of life in Peru is going down the drain, even though you pay more for just about everything.

And so it goes...


Sorry to agree here, but the cost of living in Peru has grown too much.

I read all these posts and people talk about living "cheap", but we can do that in the US also. I am considering moving back to the US after 6 years here. I own 2 businesses here, yet the cost to live is more expensive than in the US. Why would anyone come to Peru, a 3rd world country, to live cheap? Some of these areas I wouldn't let my dog live.

Currently I live in La Molina, rent a house....similar to a house that I had in the US. Rent is $2500, yes I have a private house with a pool, yet the same house to rent in the US is $1000 or less. We "thought" about buying property and building a house here....HAHA, $200k or more for 300sq meter lot, some are over 1 million dollars US for 1000sq meters. Who in their right mind would pay that much money for a piece of dirt in a desert? I can have a house in Malibu for that type of money. Even Ecuador.....BEACHFRONT home for $150k.

Yes, food, utilities, bus and taxis are cheap.....but try to buy a car here and you will pay double or triple the cost in the US. Even to import something here will cost you the 18% tax PLUS other fees.

Someone mentioned that the minimum wage in Peru is 750soles, this is correct...about $250/month. Yet, they are building apartments with $200k prices....and with the mortgages in Peru...10-12%, that is $2000/month mortgage. And people wonder why there is sooooo much corruption and crime here.

Peru's bubble is about to pop just like the other countries, and the economy is going to hurt badly.
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Re: Cost of living in Peru

Postby chi chi » Tue Dec 23, 2014 12:50 pm

tntconsulting wrote:Sorry to agree here, but the cost of living in Peru has grown too much.

I read all these posts and people talk about living "cheap", but we can do that in the US also. I am considering moving back to the US after 6 years here. I own 2 businesses here, yet the cost to live is more expensive than in the US. Why would anyone come to Peru, a 3rd world country, to live cheap? Some of these areas I wouldn't let my dog live.

Peru's bubble is about to pop just like the other countries, and the economy is going to hurt badly.


Prices in Peru have gone up a lot in the last years but quality of life has stayed the same.
I recently moved to Granada in Spain. The cost of living is almost the same as in Peru.

I rent a nice new furnished flat for 250 euros a month in a very nice área of town and view of the snow covered mountains. For that money, you get a flat in Callao or SJ De Miraflores and a view on the mountains fulls of shantytows and you have to watch your back wherever you go.

It's very safe here and public transport is excellent. 30 euros a month gets you an unlimited buspass. Unlimited internet costs 20 euros a month.

I live of 950 euros a month. That's equal to the Spanish mínimum wage and I live well. But I wouldn't be able to have that lifestyle if I was making the 750 soles Peruvian mínimum wage.

I would say, Peru is overpriced and I think it's only getting worser. But not only Peru is getting expensive. Brasil was used to be a cheap place as well but now it's one of the most expensive place.
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Re: Cost of living in Peru

Postby leosmutter » Thu Jan 29, 2015 7:53 am

I recently came over from spain and it was like "wow, why is it that expensive over here?". It's not just the "luxury" stuff like internet (in spain i pay like 40€ for cellphone flat, landline flat, internet flat and cable tv package), but even the things i buy at the supermarket. The prices vary from a 25% to 100% surcharge compared to ES. Anybody moving over here with low living costs in mind might get a surprise.

For me one of the most important things aside from cost of living is security. This is something you can't buy and sadly the government over here in peru is not really successful in getting it secure.
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Re: Cost of living in Peru

Postby Guiri » Thu Jan 29, 2015 9:18 am

leosmutter wrote: but even the things i buy at the supermarket. The prices vary from a 25% to 100% surcharge compared to ES.
Only when you buy stuff in Vivanda :twisted: ..I lived in Barcelona before and the difference isnt that big...anyway Lima isnt a cheap place to live anymore compared 4 years ago.
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Re: Cost of living in Peru

Postby mammamia » Thu Jan 29, 2015 2:03 pm

Guiri wrote:
leosmutter wrote: but even the things i buy at the supermarket. The prices vary from a 25% to 100% surcharge compared to ES.
Only when you buy stuff in Vivanda :twisted: ..I lived in Barcelona before and the difference isnt that big...anyway Lima isnt a cheap place to live anymore compared 4 years ago.


I would say 4 years ago Lima wasn't a cheap place to live either, especially, with the exchange rate as low as 2.5-2.6 to USD. The 90-s and the early 00-s were still cheap but the "giant leap" of the late 00-s screwed things up quite a bit.
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Re: Cost of living in Peru

Postby leosmutter » Thu Jan 29, 2015 10:00 pm

Guiri wrote:Only when you buy stuff in Vivanda ..I lived in Barcelona before and the difference isnt that big...anyway Lima isnt a cheap place to live anymore compared 4 years ago.


I compared Metro Peru with Carrefour/Lidl Espana.

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