IcelandIceland

Peru

Compared with Iceland, using real observed prices.

Baseline: IcelandIceland = 1×

PeruPeru vs IcelandIceland
Overall verdict

PeruPeru is about 0.96× IcelandIceland.

Average across 2 categories, 5 items with data

The shape of prices (vs IcelandIceland = 1×)

How to read this

The centre line is Iceland. A bar running right means Peru is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.

← Cheaper than IcelandIceland Iceland = 1× PeruPeru is pricier →
  • Utilities 1 item
    ×1.04
  • Transport 2 items
    ×0.89

Thin bar shows the range (cheapest to priciest item in the category)

Real prices. Real sources. Real dates.

  • Electricity 1kWh (household) 1 kWh ×1.04
    PeruPeru ISK 23 USD 0.186
    IcelandIceland ISK 22 USD 0.179
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Gasoline 1L 1 L ×0.91
    PeruPeru ISK 199 USD 1.575
    IcelandIceland ISK 218 USD 1.727
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Diesel 1L 1 L ×0.88
    PeruPeru ISK 208 USD 1.644
    IcelandIceland ISK 237 USD 1.878
    Observed 2026-07-20 · GlobalPetrolPrices.com

See what really changed Peru

Big Mac, 2021 → 2026
At the timeUsing the exchange rate of each date
+31%
in PEN
12.9 → 16.9
vs
At today's rateUsing today's exchange rate
+59%
in ISK

It rose 31% in local currency, but 59% in yours. Most of what you feel is the exchange rate, not Peru's inflation.