Peru, Indiana gets a BestPlaces Cost of Living index of 71.4, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 28.6 percent lower than the U.S. average and 14.7 percent higher than the average for Indiana.
A typical home costs $113,500, which is 66.4 percent less expensive than the national average of $338,100 and 48.8 percent less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Peru costs $840 per month, which is 41.3 percent more than the national average of $1,430 and 16.7 percent cheaper than the state average of $980.
To live comfortably in Peru, Indiana, a minimum annual income of $21,600 for a family, and $27,200 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Peru is cheaper than the US average. A cost of living index above 100 means Peru, Indiana is more expensive.
Peru cost of living is 71.4