Travel Cost Comparison Chile vs. Peru

Chile or Peru: which country is more expensive?

This comparison of travel costs between Peru and Chile examines average prices across multiple categories. Please visit each country's individual budget page for more detailed information.

  • Average Daily Cost Per person, per day
    Chile $101
    Peru $42
  • Accommodation Hotel or hostel for one person
    Chile $67
    Peru $21
  • Food Meals for one day
    Chile $17
    Peru $11
  • Water Bottled water for one day
    Chile $1.54
    Peru $1.31
  • Local Transportation Taxis, local buses, subway, etc.
    Chile $13
    Peru $4.09
  • Entertainment Entrance tickets, shows, etc.
    Chile $18
    Peru $13
  • Alcohol Drinks for one day
    Chile $5.61
    Peru $4.68
Should you visit Chile or Peru?
Peru in Chile both share the Andes Mountains and the rugged shores of the west coast of South America. Both countries also offer something amazing for visitors, not just in the mountains and beaches, but also int the unique history and culture of the region. Chile is significantly more expensive than Peru, however, so take that into consideration when planning your trip.

The top three destinations in Chile include the Torres del Paine National Park in Patagonia for some raw and picturesque scenery and wildlife, The Lake District region, especially for water-sports lovers and Atacama for the desert, salt flat and stargazing.

Chile is a long and narrow strip of land that's almost entirely mountainous with some coastal plains. While there are a few airports within the Chile's Patagonian region, travel is mainly handled over land and by water. Therefore the most important question that you need to answer before you head this far south on the globe is how much time you have.

In Peru, Cuzco, the capital of the Inca Empire is a popular destination for tourists. Its various churches from the colonial time, its many museums from the Inca Museum to the Chocolate Museum and its Plaza de Armas with numerous small gardens and benches make Cuzco a picturesque city. Many visitors only pass through Lima to go to Cuzco but with its historic center and its many museums, the City of Kings has a lot to offer. Lima is also famous for its cuisine and you will be able to enjoy a nice meal in front of the beautiful ocean landscape.

A trip to Peru is never complete without enjoying the beauty of the incredible Machu Picchu. Hidden between several mountains, Machu Picchu has a lot to offer in terms of architecture and stonemasons skills. If you're feeling adventurous you can take the Inca Trail but if you want to relax and enjoy the beautiful scenery you can also take the train from Cuzco.
When is the best time to visit Chile and Peru?
Easter Island, Chile Easter Island, Chile
The best time to visit Chile depends on the purpose of your trip. Go there from June to September if you plan to spend your days on the snow, preferably avoiding July and August if you do not want to be overcrowded on the slopes. If you want to catch the sun in chic beach resorts and party until the sun comes out, November to February is your time-slot.

However, if you are planning to hike through Patagonia and visit the natural wonders, then prioritize mid-seasons. Either go around September to November or from March to May. Both are low seasons, but the spring landscape, September to November, is the nicest of the two. If you do not handle the cold very well, avoid going to Patagonia before mid-October and after April. On the other hand if you love the snow, winter landscapes, skiing and travelling during low season with few tourists and lower prices, you should definitely visit Patagonia during end of autumn or beginning of spring. While you will get all the advantages of travelling during low season, you will also be able to enjoy a sunny weather, still quite cold but manageable. While a few activities (hikes, excursions) will begin to close (end of autumn) or still be closed (towards spring), you will definitely be able to do most of the essential activities and to fully enjoy some of them as you might find that you have a hiking path all to yourself! The differences in prices between low and high season are not tremendous but you will probably be able to save some money on deals with accommodation and a few other fees.

Peru can also be visited all year round. The country experiences two main seasons. During the dry season between May and October, you will mostly get sunny days, bright blue skies in the Andes and chilly nights. This time of year lends itself to enjoying all the attractions Peru has to offer, from admiring Machu Picchu in the sunshine, to enjoying a boat trip on Lake Titicaca under vivid blue skies and trekking against backdrops of snow-capped mountains. While it is a wonderful time to be in Peru, it is also the high season meaning that early booking is crucial and sites or activities will be crowded. In December, the dry season comes to an end, but conditions are still pleasant. Between November and March visitors will notice more rain, with January and February being the wettest months to visit and the Inca Trail closing for the month of February. Travelling at this time does offer the advantage of fewer visitors, greener scenery and some lower rates for flights and hotels. Although the Amazon also experiences more rain between November and March, this should not deter you from visiting. The flora and fauna will still be abundant and there are always breaks in the showers.
Why is Chile more expensive than Peru?
Foreigners often have a misconception about all of South America being cheap. This is not the case of Chile. Especially when coming from other nearby countries, Chilean prices will come quite as a shock due to the high cost of living in the country. Its political and economic stability means that it is one of the most expensive South American countries and Chile continues to boast one of the highest ratios of executive salary rates to cost of living.

Traveling between December and March means traveling in high season in Chile. Like in most developed countries, the locals also travel during high season, which means hotels and hostels are heavily booked in advance and prices rise, especially in popular destinations like the Lake District or Patagonia.

Peru can be very affordable with a lot of great value accommodation and food in the amazing places that every backpacker wants to visit such as Cusco, Lima and Lake Titicaca. Your biggest expense is likely to be your visit to the Machu Picchu or the Machu Picchu Inca Trail trek. Many of the costs in Peru will be far higher if you book online while abroad and bear in mind that the overall cost of travelling in Peru can be high due to the cost of the main attractions, which some travellers visit in very quick succession. A short loop around Lima, Cusco, Machu Picchu and Lake Titicaca is likely to cost you more than the same amount of time spent in another country's major city. However, it makes for an incredible experience with a lot of fascinating culture in a short period of time. Remember that in Peru, you can always eat for cheap. Lunchtime menus and cheap and tasty street food are a budget traveler's best friend. Most hotels and hostels also offer free breakfast.
What are the most expensive and cheapest cities and regions in Chile and Peru?
Machu Picchu, Peru Machu Picchu, Peru
Southern Patagonia tends to be cheaper than the North. However, travelling through this large piece of land requires a certain budget and certain cities are surprisingly expensive. In the small towns of Patagonia, costs tend to be cheap due to competition. However, sometimes transportation can get pricey and the more frequently visited a destination by tourists, the higher the prices can get. The time of year and festivals can also dramatically affect cost.

In Peruvian cities such as Lima, Arequipa, Trujillo, and Iquitos, a variety of options are available for food and accommodation, too. If you want more luxurious services and hotels, they will cost more, but plenty of cheaper businesses can also be found. Northern Peru is less touristy than the South and therefore has lower prices.
How you can save money when visiting Chile and Peru?
Cooking in your hostel's kitchen is one of the best ways to keep your travel costs down, to meet fellow travellers and supermarkets are also great places to go to see what the local people eat. Another good self-cook method is to make your own picnic for lunch, especially if you plan to spend the day outdoors, perhaps trekking in one of the many national parks.

Don't fly domestically, as a two-hour flight can cost as much as USD$200. Unless you are in a rush, privilege taking the bus. While not very common in the north of the country, if you're in Patagonia, you'll see many locals and tourists alike hitchhiking, as long-distance buses in that part of the country can be on the expensive side and infrequent. An inexpensive way to get around and also out of the cities is to rent bicycles from your hostel or rental shops, usually for no more than USD$10 a day. Hiking is free, and throughout the country you'll find plenty of opportunities to enjoy this and other free outdoor activities since Argentina and Chile are blessed with many city parks and nature reserves where you can spend the day wandering around and relaxing. As you start to travel south to Patagonia, accommodation costs get higher. Hostels are often USD$17 USD or more a night as opposed to as cheap as USD$6 a night in Buenos Aires for example. Look for camping opportunities as often as possible. When you aren't in the national parks, many hostels will let you pitch your tent for a small fee.

A great amount of money can be saved on food in Peru. Touristy restaurants, especially in hotspots such as Lima, Cusco and Arequipa, are more expensive than the typical restaurants frequented by regular Peruvians. Eat where the locals go and you will be surprised at how well you can eat in Peru on a budget. Eat your free breakfast if your hotel or hostel offers it with the price of your room. Sometimes it is just bread and jam, but better hostels will also have fruit, cereal, fresh fruit juices and coffee.

Finding out which ATMs charge the lowest withdrawal fees abroad is also a good idea before leaving. You can ask your bank for information you may find that your bank is part of the Global ATM Alliance, in which case you might be able to avoid some withdrawal fees.

An important rule when travelling to Peru is to watch out for scams. Learn about the types of scams in Peru and how to avoid them. A popular scam is the exchange of notes that are either false, broken or teared because a note needs to be in its perfect state to be accepted in Peru.

You should also set prices in advance whenever possible. If you don't agree on a price before accepting a service, you might be presented with an unexpectedly large bill. Peruvian taxis are a prime example. With no meters, it's up to you to negotiate a price before each cab ride and if you think the fare is too high, find another taxi.

Another great way to save money in Peru is to not be afraid to haggle over prices, especially in traditional markets where prices generally start high. You can sometimes even try to negotiating prices for hotel and hostel rooms if you are staying for at least four to five days.

Also try to learn Spanish, as it will make your ability to negotiate prices, haggle and avoid scams less limited. This being said, if you want to buy souvenirs, buy them at the source or in local markets rather than in touristy shops or airports.

Peru isn't a big tipping nation, and there are only a few occasions when a tip is expected, such as in a mid-range to upscale restaurants. Peruvian taxi drivers don't expect tips for example.

As for transport, flights aren't too expensive in Peru but they can add up. If time allows, take buses for long distances and preferably mid-range and top-end Peruvian bus companies for safety reasons. Not only will you see more of Peru, you'll also arrive at your destination with extra cash to spend on tours and entertainment. However, don't always assume that a tour is necessary. Many historic sites and natural attractions in Peru are easy to reach by public transport, normally a much cheaper option than private tours. Choose your tours wisely, as in many cases you can hop on a cheap minibus and find a local guide when you arrive at your destination. If you're going to travel by bus, consider traveling overnight. The top-end buses are comfortable enough to get a reasonably good night's sleep, saving you the expense of a hotel and wasted daylight hours on the road. Some roads in Peru are much safer during the day, so avoid overnighters if safety is an issue.

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