Colombia vs Peru
Colombia costs roughly 13% less than Peru, though Peru has significantly faster internet infrastructure. Use our tool below to personalize the estimate based on your income and lifestyle.
Colombia is approximately 13% less expensive than Peru based on cost of living including rent. This makes Colombia a more budget-friendly option for expats considering a move.
Colombia has a FIRE Score of 89/100, indicating its suitability for financial independence and early retirement. The country's safety index is 39.1, suggesting moderate safety levels.
Recommended profile: Colombia is ideal for GeoArbitragers and remote workers looking to maximize savings.
About Colombia
Colombia works for budget-focused retirees willing to trade nightly safety margin for cost savings, not for anyone spooked by a Level 3 travel advisory. Rent outside the center runs $343.70/mo, gutting your housing line, but a 39.1 safety index means you plan routes and skip flashing cash. The $1,400/mo income threshold unlocks both the Pensionado and Nomad visas, cheap entry into a clear PR pathway.
$1,983/mo
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Living Costs (excl. rent)
Rent Per Month
Attractiveness Scores
About Peru
A 1BR in central Lima runs $521.77/mo, less than a parking spot in Manhattan, and the Rentista Visa only requires $1,000/mo income to qualify. That math works for retirees on fixed Social Security checks. But the Safety Index sits at 32.9 with a crime score of 57.4, so the savings come with real security tradeoffs. Worth it only if you vet neighborhoods hard and skip the flash.
$1,957/mo
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Living Costs (excl. rent)
Rent Per Month
Attractiveness Scores
Battle of Lifestyles
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| Metric | Colombia | Peru |
|---|---|---|
| Travel Advisory | Level 3 — Reconsider Travel | Level 2 — Increased Caution |
| Quality of Life Index | 108.8 +22.8 | 86 |
| Healthcare Index | 68.6 +12.3 | 56.3 |
| Safety Index | 39.1 +6.2 | 32.9 |
| Cost of Living Index | 26 +3.4 | 29.4 |
| Living Costs (Single, excl. rent) | $571.5 | $521.7 +49.8 |
| Living Costs (Family, excl. rent) | $2,054.4 | $1,920.2 +134.2 |
| 1BR Apartment (Center) | $445.74 +76.03 | $521.77 |
| 1BR Apartment (Outside) | $343.7 | $273.27 +70.43 |
| 3BR Apartment (Center) | $905.91 | $886.57 +19.34 |
| 3BR Apartment (Outside) | $629.52 | $479.07 +150.45 |
| Avg Internet Speed | 220.25 Mbps | 344.6 Mbps +124.4 |
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