Peru isn’t an expensive destination, with lots of great value shopping and eating opportunities even in touristy areas. Prices remain comparable to other destinations in Latin America.
One of the great benefits of travelling on our Peru tours is you don’t have to worry about paying for accommodation, transport and important sites – that’s all pre-booked and budgeted for. All you need is spending money, on average S150/day (approx USD $50) to cover expenses such as:
See our Food and Drink in Peru page for some restaurants for different budgets!
On average S200 per person.
Taxi/three-wheeler fares for getting around cities and towns – as these are mainly unmetered, you need to negotiate a price for every ride before you set off. If you think the fare is too high, get out and try a new one – it’ll be easier than arguing about it on arrival.
E.g. World Heritage Sites and optional excursions you choose in your free time.
Any other tips and government taxes
Donations at sacred sites, churches etc
Souvenirs
Duty free
Incidental items such as SIM cards, medicine.. etc
Tips should be considered purely discretionary – they’re generally not expected in Peru. Locals don’t usually tip in restaurants or bars, though gratuities are appreciated, particularly in mid- to high-level restaurants. If you’d like to tip bar staff, there’s no need to tip per drink or round, one tip at the end will suffice. You don’t need to tip for taxi or mototaxi rides, though you can always offer a tip if a driver handles large heavy bags, or round up the fare if you like.
Suggested tipping amounts for other services (none of which are obligatory):
It’s not unheard of for prices offered to tourists to be inflated compared to prices offered to locals. Bargaining is a way of life in Peru and haggling at markets is therefore expected.
Be sure to shop around various shops and stalls, and compare the materials and quality of the goods before you start to negotiate prices with a seller. There’ll be lots of beautifully hand embroidered clothing, spices, art, fruit, spices, jewellery and gems on offer in most of the markets. It’s particularly important to know the market value of your item before you agree a price – this can vary widely according to quality and materials. Wool is a particularly tricky one to judge – everywhere you go you’ll find ‘baby alpaca’, but perhaps it’s only maybe alpaca (there are plenty of sheep in Peru too!).
Fair trade involves a bit of give and take, so it’s important to respect the effort, detail and skill that’s gone into making the product you’re buying. When haggling in Peru, you can generally achieve a mutually-acceptable discount of around 10 to 20% depending on the item concerned. If the price seems unreasonably high, you can always start at 50% off, but if there’s a long pause, complete indifference or even a hard ‘no’, don’t be too surprised! It’ll be easier to achieve bigger discounts if you buy more items off the same seller.
If you come across a direct seller outside of a market environment, you can expect lower prices (assuming you’re not in a central tourist area). Bear in mind it’s possible they or their family actually made the product, so ask them a few questions to tease out their stories when negotiating your price – and make sure it’s fair to both parties.
It’s best to start with an open mind and friendly attitude, because it’s no fun bartering when things get heated or unfriendly. If at any stage you feel a negotiation has turned sour, it’s OK to walk away. You’re not obliged to pay a price you feel is unfair or unwarranted.
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