Median Income
$44,665
household / year
Median Home Value
$78,500
owner-occupied
Median Rent
$764
gross / month
Cost of Living
90
national avg = 100

Is Peru, IN a Good Place to Live?

Peru is a small city of 10,862 in Indiana, with a median household income of $44,665 and a 6.4% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Peru stands out for an affordable cost of living, below-average home prices, solid school ratings (B-), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Peru is right for you depends on your priorities — the full breakdown is below.

All Peru city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 89.5

Peru's overall cost of living index is 89.5, where 100 represents the US national average. Living in Peru costs roughly 10% less than the average American city.

Metric Peru, IN National Avg
Median Home Value $78,500 $244,900
Median Monthly Rent $764 $1,163
Homeownership Rate 70.0% 65.9%
Median Household Income $44,665 $74,755

Crime & Safety

Crime data for Peru is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Peru is served primarily by Peru Community Schools. The student-to-teacher ratio is 16.5:1 (slightly above the national average of ~16:1).

Metric Peru, IN National Avg
School District Peru Community Schools
Elementary Schools 2
Middle Schools N/A
High Schools 1
Student/Teacher Ratio 16.5:1 16:1
Bachelor's Degree or Higher 14.7% 35.4%
High School Diploma or Higher 86.7% 91.1%

Weather & Climate

Peru sees average highs of 33.8°F in January and 84.8°F in July, with 41.1 inches of annual precipitation and 20.9 inches of snow per year.

MetricPeru, IN
Average High — January33.8°F
Average High — July84.8°F
Annual Precipitation41.1"
Annual Snowfall20.9"

Demographics

MetricPeru, INNational Avg
Population10,862
Median Age41.338.9
Unemployment Rate6.4%3.7%
Avg Commute Time21.1 min26 min
White (non-Hispanic)87.4%59.3%
Black or African American4.5%13.6%
Hispanic or Latino3.4%18.9%
Asian0.2%6.3%
Under 1822.4%22.2%
65 and over17.9%16.8%

Nearby Cities

ZIP Codes in Peru

Peru, IN is covered by 1 ZIP code:

Peru vs Other Cities

Frequently Asked Questions

Peru's cost of living index is 90, where 100 is the national average. That makes Peru roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $78,500 and median rent is $764/month.
Crime data for Peru is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Peru are operated by Peru Community Schools. The district has 2 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 16.5:1. 14.7% of adults 25+ hold a bachelor's degree or higher.
Peru, IN has a population of 10,862, a median household income of $44,665, and an unemployment rate of 6.4%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Peru averages 33.8°F in January and 84.8°F in July. Annual rainfall is 41.1 inches with about 20.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Peru, IN is covered by 1 ZIP code: 46970.
The population of Peru, Indiana is 10,862 with a median age of 41.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Peru: cost of living index 90 (100 = US average), median home $78,500, median household income $44,665, schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Peru side by side with your current city to see the trade-offs.