PERU

The Anker Living Wage Reference Value for 2020 for rural Peru is PEN 1,455 per month (USD 372) with a confidence interval around it from PEN 1,325 to PEN 1,597. This is the wage required for rural workers to be able to afford a basic but decent living standard in a typical rural area of Peru. It is comprised of a net living wage (i.e. take-home pay) of PEN 1,266 (USD 372) per month plus PEN 189 (USD 56) which would need to be paid by law in pension contribution and income tax on this living wage. “A living wage is the remuneration received for a standard workweek by a worker in a particular place sufficient to afford a decent standard of living for the worker and her or his family. Elements of a decent standard of living include food, water, housing, education, health care, transportation, clothing, and other essential needs including provision for unexpected events.”

The Anker Living Wage Reference Value for 2020 for rural Peru is PEN 1,455 per month (USD 372) with a confidence interval around it from PEN 1,325 to PEN 1,597. This is the wage required for rural workers to be able to afford a basic but decent living standard in a typical rural area of Peru. It is comprised of a net living wage (i.e. take-home pay) of PEN 1,266 (USD 372) per month plus PEN 189 (USD 56) which would need to be paid by law in pension contribution and income tax on this living wage. “A living wage is the remuneration received for a standard workweek by a worker in a particular place sufficient to afford a decent standard of living for the worker and her or his family. Elements of a decent standard of living include food, water, housing, education, health care, transportation, clothing, and other essential needs including provision for unexpected events.”

The Anker Living Income Reference Value for rural Peru is 2,050 PEN (612 USD)2 per month for 2020, with a 95% confidence around this of 1,863 PEN to 2,256 PEN. This is the estimated cost of a basic but decent standard of living for a typical rural family in Peru. “Living income is the net annual income required for a household in a particular place to afford a decent standard of living for all members of that household. Elements of a decent standard of living include: food, water, housing, education, healthcare, transport, clothing, and other essential needs including provision for unexpected events” (The Living Income Community of Practice).