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.

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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.

Overall Winner

Colombia

Bogotá

Reconsider TravelThe US State Dept advises against travel to Colombia. This is reflected in the FIRE, Nomad & Retiree scores below. View official advisory →

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.

MONTHLY SAVINGS

$1,983/mo

🛂

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Living Costs (excl. rent)

Single (excl. rent)$572
Family (excl. rent)$2,054

Rent Per Month

1 Bedroom (City Centre)
$446
1 Bedroom (Outside Centre)
$344
3 Bedroom (City Centre)
$906
3 Bedroom (Outside Centre)
$630

Attractiveness Scores

FIRE Score
89/100
Retiree Score
51/100
Nomad Score
67/100


Country Details →

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.

MONTHLY SAVINGS

$1,957/mo

🛂

Not sure which Peru visa you qualify for?

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Living Costs (excl. rent)

Single (excl. rent)$522
Family (excl. rent)$1,920

Rent Per Month

1 Bedroom (City Centre)
$522
1 Bedroom (Outside Centre)
$273
3 Bedroom (City Centre)
$887
3 Bedroom (Outside Centre)
$479

Attractiveness Scores

FIRE Score
96/100
Retiree Score
50/100
Nomad Score
73/100


Country Details →

Battle of Lifestyles

Scroll to compare

MetricColombiaPeru
Travel Advisory
Level 3 — Reconsider TravelLevel 2 — Increased Caution
Quality of Life Index
108.8 +22.8
86
Healthcare Index
68.6 +12.356.3
Safety Index
39.1 +6.2
32.9
Cost of Living Index
26 +3.429.4
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 Speed220.25 Mbps 344.6 Mbps +124.4
FAQ

Frequently Asked Questions

Click any question to expand the answer.

We use a "Pure Data" approach, pulling raw facts from high-authority sources including private sources for real-time crowd-sourced pricing, the World Bank for stability metrics, and official government visa portals.

The FIRE Score is a dynamic metric based on your Monthly Income vs. Total Expenses. It calculates your potential savings rate; the more you save, the higher the score.

Our indices (Quality of Life, Healthcare, Safety, Cost of Living) are relative metrics. For example, a higher Quality of Life Index indicates better purchasing power, safety, and healthcare, while a higher Cost of Living Index means the country is more expensive relative to others.

The Retiree Score is a holistic measure of how suitable a country is for long-term retirement. It is calculated from three main factors: healthcare system quality, safety index, and the general cost of living.

The Nomad Score measures how well a country supports remote workers. It is calculated from average internet speeds, the cost of living, and the safety index.

The "Single" toggle calculates costs based on a 1-Bedroom apartment. "Family" assumes a 3-Bedroom apartment and the expenses for a household of four.