3. Peru
Peru is best known as the home of the Inka-Zitadelle Machu Picchu, which sits atop a mountain and is still relatively unknown as a destination for relaxation.
The living costs are among the lowest in the country, with rents starting at $150 a month and a three-course lunch starting at $2.50, including drinks.
In comparison to other Latin American countries, Peru’s living costs are average.
It is more expensive than Brazil, Columbia, or Chile, but less so than Bolivia or Paraguay.
In general, services, food, transportation, lodging, and clothing are more inexpensive than in Europe or the United States.
However, imported technical and electronic goods, as well as imported food and clothing, are more expensive than in their home countries.