Peru is growing in popularity as a destination, as more people seek to discover its vibrant cities, multifaceted history, and landscapes of jungle and desert. But how much does a Peru trip cost? In this article we reveal how much we spent during a month of travel on transport, accommodation, food and drink, activities, and additional costs. We also share the tools we used to plan the budget for our trip to Peru. Let’s get into the details…
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In this article:
2019 update: latest costs and budgeting tools
The cost breakdown in this article is based on our travels in Peru during June and July of 2017. At the time, the exchange rate was around 3.2 Peruvian soles to the US dollar, and 4.2 Peruvian soles to the British pound. You can keep track of the latest exchange rates at xe.com.
These exchange rates have remained fairly steady for the last couple of years, with Peru’s economy growing stably. The exchange rate to the Peruvian sol has stayed between 3.2 and 3.4 US dollars, and between 4.1 and 4.5 British pounds.
Meanwhile, prices in Peru have not risen too much. The annual inflation rate is around 2.4%, so bear this in mind when looking at the breakdown of our trip below. Overall you can expect your costs in 2019 to be about 5% higher than 2017.
We used Budget Your Trip to plan our costs for Peru. On the display below, you can see the latest average daily costs for travelling in Peru on a mid-range budget. You can choose your currency and set the travel style to cheap, mid-range or luxury to tailor the information to your needs.
We have found this tool to be generally very accurate in forecasting costs for our travels. It will vary a little depending on your style – for example, we spent less than the average on accommodation, but more on food. Think about how you want to prioritise your spending when planning.
On the Budget Your Trip website you can also check costs by city, which is extremely useful for Peru. For example, in Lima the costs are higher than the national average, and in Arequipa they are lower.
Our trip to Peru: the basic details
This breakdown explores in detail what we spent in Peru during a 28-day visit in June–July 2017. You can check out our full itinerary for this trip here.
First, for those of you new to this blog, I should give you a little context about who we are and how we travel. We are Alex and Lisa, a 30-something couple from the UK. Our time in Peru came at the beginning of a one-year, round-the-world travel career break.
Our travel budget for this trip was fairly mid-range. By this I mean that we weren’t scraping by on a shoestring, but at the same time we are no luxury travellers. We like to spend on experiences like local culture, activities and good food, but we will make savings wherever we can, often on transport and accommodation.
The costs detailed in this article are for two people, based on our own travel as a couple.
What our Peru trip cost: an overview
I have shown the costs in US dollars based on the exchange rate at the time of our visit. So, here’s the big figure: in Peru we spent $5,066 during our 28 days in the country. Again, that’s for both of us, so it works out as $2,533 each.
There is one very important thing to mention before I continue. A significant chunk of this cost was spent on hiking the famous Inca Trail with G Adventures. For the two of us, the Inca Trail cost us $2,077 plus a $117 tip for our guides and porters. (If you’re planning on hiking the Inca Trail yourself, check out our preparation guide and packing list.
This means that the Inca Trail alone accounted for 43.3% of our spending in Peru. For a more general sense of costs in the country, it’s better to look at it without including the Inca Trail. Our costs minus the Inca Trail come to $2,871.70. That sounds a little less scary, right?
Peru costs in relation to other South American countries
We spent five months travelling in South America, visiting seven countries in total. Here’s how our spending in Peru shapes up when compared to other the other South American countries we visited:
This graph shows basic travel living costs – food, drink and accommodation – as this gives the most accurate insight into general expenditure.
As you can see, for basic costs, Peru was one of the cheaper countries on our journey. Our food, drink and accommodation costs in Brazil were about 50% higher than Peru.
At $48.33 per day for food, drink and accommodation for two people, Peru was one of the most budget-friendly countries in our itinerary.
Peru costs by category
Here you can see how our spending in Peru breaks down by category:
As I already mentioned, a large chunk of the ‘activities’ slice is accounted for by the Inca Trail. But even with this removed, we spent more on activities than we did on accommodation or transport.
This, combined with food and drink outlay, shows how our travel spending is more weighted towards experiences. I’ve seen breakdowns of other travellers’ spending in which accommodation takes the biggest slice – it’s all about your travel style and preferences.
For a deeper insight, let’s take a look at how each of these categories breaks down…
Travel insurance for Peru
I haven’t included our travel insurance costs for Peru in this breakdown, as we were covered by our long-term career break travel insurance policy. But if you’re planning to travel in Peru, you should factor insurance into your spending.
We recommend World Nomads for travel insurance, as they provide reliable and flexible packages specially designed for adventurous travellers. They’re especially good if you’re planning to do any high-altitude trekking like the Inca Trail, as they have special hiking insurance and options to include trekking over 3,000 metres and 4,500 metres in your policy.
Accommodation costs in Peru
For the most part, we stayed in hostels in Peru. We look for good value, but it’s important to us that where we stay is secure, well-located and has a social atmosphere.
In total we spent $421.20 on accommodation in Peru. Several of our nights in the country were free of accommodation costs, such as camping on the Inca Trail and overnight bus journeys.
We only paid for accommodation for 20 of our nights in Peru. This means our average overnight accommodation cost for the two of us was $21.06. This ranged from $14.30 per night at Hostal Vallecito Backpackers in Arequipa to $44.20 per night at Desert Nights Ecocamp in Huacachina.
Food and drink costs in Peru
Peruvian cuisine is gaining renown on the international stage, and for good reason. The country’s traditional food is delicious and has a real character to it.
Our average daily spend on food and drink in Peru was $33.29. Sure, we could have gotten by on much less than this, but food is a major part of the travelling experience for us, and so it’s often where we stretch our budget.
Peru is also famed for its pisco liquor. We took quite a liking to pisco sours, which reflects in the fact that 22.7% of our food and drink spend in Peru was on alcohol.
A sustenance cost in Peru that can slip under the radar is bottled water. It’s not recommended to drink tap water in the country. While bottled water isn’t expensive, it does add up over time – during our 28 days we spent $48.10 on it.
For the most part in Peru we were savvy with our meals and looked for cheap eats, as well as cooking for ourselves sometimes. One great way to eat cheaply is in the country’s menú restaurants. These establishments tend to open during lunchtimes only, selling two- or three-course set menus for as cheap as a couple of dollars.
Restaurant cost examples
On the occasions we did splash out for a meal, we were rarely disappointed. Here are a few examples of the restaurants we dined in:
- In Lima we had our very best ceviche (the national dish) at Punto Azul in the Miraflores district. Our bill for two courses and a drink was $33.15
- In Iquitos we went for Lisa’s birthday meal at Al Frio Y Al Fuego, a floating restaurant on the river. Our bill for three courses, wine and cocktails was $113.10
- On the cheaper side, in Iquitos we ate salchipapas (potato and sausages) with soft drinks in a local café for a total bill of $3.25
- In Cusco, we had huge pizzas and a jug of hot wine for a total bill of $31.20
- In Arequipa, on our final night we treated ourselves to a meal at Mirador Misti, a rooftop restaurant. Our bill for two courses and an alcoholic drink each was $36.40
Transport costs in Peru
Our experience with transport in Peru was among the best of our travels. We got around almost exclusively by bus, mainly using Cruz Del Sur. For the final leg into Bolivia we used Bolivia Hop, which is the sister company of Peru Hop.
The one exception was our travel between Lima and Iquitos, for which we had no choice but to fly. The Amazonian city is only accessible by air or river, and a boat trip would’ve taken far too long.
Our costs for domestic transportation in Peru totalled $586.30, an overall average of $20.94 per day. This is offset a little by the times we took overnight bus journeys, thus saving us accommodation costs.
These were the journey costs per person for the main routes we took:
- Lima to Iquitos return flights with Star Perú: $156
- Lima to Ica bus (for Huacachina) with Cruz Del Sur: $12.35
- Ica to Nazca bus with Cruz Del Sur: $10.40
- Nazca to cusco bus with Cruz Del Sur: $35.10
- Cusco to Arequipa bus with Cruz Del Sur: $43.55
- Arequipa to Puno bus with Cruz Del Sur: $22.10
- Puno to Copacabana with Bolivia Hop: $24.70 (Peruvian segment only – the total cost from Puno to La Paz was $98.80)
Activity costs in Peru
The Inca Trail, as I have already covered, was by far our biggest activity cost in Peru. We still spent a further $738.40 on other activities, though.
These were our main activity spends per person:
- Seven-day Inca Trail to Machu Picchu: $1,038.7 plus a $58.50 tip for guides and porters
- Two-day, one-night Amazon jungle tour in Iquitos: $136.50
- Flights over the Nazca Lines, including airport tax: $80.6
- Two-day, one-night Colca Canyon trekking tour: $62.40
- Getting chakana tattoos in Cusco (we decided to class this as an activity): $70.20
- Various museums:
- Ayapua Boat Museum, Iquitos: $3.25
- Huaca Pucllana ruins and museum, Lima: $4.55
- Museo Inka, Cusco: $3.25
Additional costs in Peru (sundries)
Any costs that don’t fit naturally into the main categories we class as sundries. In total we spent $106.6 on sundries in Peru between us ($3.81 per day), which included:
- $31.20 on toiletries and medications
- $22.10 on laundry
- $16.9 on cigarettes
- $6.5 on souvenirs
Our spending in Peru by city
Like most countries, prices in Peru vary in different regions and cities. This is how our spending on basic travel living costs compared between cities:
Although we only spent a few days in each of these cities, this paints a fairly accurate picture of the price variance in cities around the country.
Quick tips for travelling in Peru on a budget
I have already touched upon some of the tricks we picked up during our time in Peru to keep costs down. Here are some of our best recommendations:
- Take overnight buses for long journeys. It’s a cheap and relatively comfortable form of transport, and saves accommodation costs
- Eat lunch in Peru’s menú restaurants
- Take free walking tours to see city highlights
- Learn basic Spanish so you can haggle and avoid being ripped off
- Make yourself aware of common travel scams before you go
- Choose accommodation in central locations to avoid additional transport costs
- Look for hostels with free breakfasts and kitchen facilities so you can cook your own food
- Ask hostel staff at your next destination for local advice before you travel – they can often let you know correct taxi fares or cheap transport links
- Small group tours in Peru are a good way to travel confidently with safety and hygiene measures in place, and can often work out cheaper than independent travel depending on your style.
Are you planning to get on the hiking trail in Peru? Check out our ultimate Peru trekking guide for everything you need to know.
Have you travelled in Peru? Let us know about your experience with prices in the comments below.