What is the cost of living in Peru, IN?
According to the most recent data on the cost of living, Peru has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Indiana, Peru has a cost of living index that's 0.9x lower than Indiana's index of 90.
The standard of living in Peru ranks as #2 most affordable out of the 129 places we measured in Indiana. By definition, that implies Peru ranks as the #127 most expensive place in the Hoosier State.
For more reading on life in Peru, check out:
Peru Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Peru. Here is how it fares on each of the criteria:
The Services index in Peru is 99.
The Groceries index in Peru is 98.
The Health index in Peru is 47.
The Housing index in Peru is 100.
The Transportation index in Peru is 101.
The Utilities index in Peru is 94.
| Living Expense | Peru | Indiana | National Average |
|---|---|---|---|
| Overall | 80 | 90 | 100 |
| Services | 99 | 97 | 100 |
| Groceries | 98 | 95 | 100 |
| Health | 47 | 72 | 100 |
| Housing | 100 | 98 | 100 |
| Transportation | 101 | 94 | 100 |
| Utilities | 94 | 96 | 100 |
Peru Cost Of Living Compared To Indiana Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Indiana, check out:
Protect your home budget Compare home warranties in Peru Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Peru, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Peru is $149,303.
The Median Rent in Peru is $826.
The Median Income in Peru is $46,159.
The Home Value To Income in Peru is 3.2x.
The Rent To Monthly Income in Peru is 0.21x.
Peru, IN Costs By Category
Detailed Peru Services costs vs. Indiana
Detailed Peru Groceries costs vs. Indiana
Detailed Peru Health costs vs. Indiana
Detailed Peru Transportation costs vs. Indiana
Peru SnackAbility
Cost Of Living In Cities Around Peru
The cost of living varies in the cities and towns around Peru. Here's a quick look at the cost of living in the most populous nearby places:
Noblesville, IN has a cost of living index of 103, 1.3x Peru.
Lafayette, IN has a cost of living index of 88, 1.1x Peru.
West Lafayette, IN has a cost of living index of 104, 1.3x Peru.
| City | Population | Cost Of Living | Vs. Peru |
|---|---|---|---|
| Noblesville, IN | 73,362 | 103 | 1.3x |
| Lafayette, IN | 71,159 | 88 | 1.1x |
| West Lafayette, IN | 45,159 | 104 | 1.3x |
| Huntington, IN | 17,030 | 83 | 1.0x |
| Warsaw, IN | 16,768 | 89 | 1.1x |
| Frankfort, IN | 15,917 | 86 | 1.1x |
| Wabash, IN | 10,358 | 82 | 1.0x |
| Nappanee, IN | 6,815 | 89 | 1.1x |
| Monticello, IN | 5,496 | 86 | 1.1x |
