Peru 77 Exceptional
Peru Livability #28 ranked city in Indiana#2,438 ranked city in the USARanks better than 91% of areas

Pros and Cons of Living in Peru

PROS
  • Amenities

    A wealth of amenities, such as restaurants, coffee shops, grocery stores, parks and fitness facilities, are all conveniently located within walking distance.

  • Cost Of Living

    Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Health & Safety

    Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.

CONS
  • Commute

    A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.

  • Employment

    In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.

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What's it like Living in Peru?

Peru, Indiana is a mid-sized city with a population of 11,369 people. According to the most recent Census, 90% of Peru residents are White, 6% Black and 1% American Indian and Alaskan. If you prefer shorter commutes, living in Peru will be a delight. With an average one-way commute time of just 21 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.

If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the area before actually living in Peru, Indiana. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Peru and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, health & safety, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Indiana and national averages.

The livability score in Peru is 75/100 and the city is ranked in the 89th percentile of all cities across America. Based on this score, Peru would be considered a very livable city! There are nine total categories that create the livability score. Peru scores well for amenities (A+) and housing (B+) Regrettably for Peru, there are some categories for which it does not score well, this includes: crime (D), education (D) and employment (F).

If you're considering living in Peru, it comes with numerous advantages, particularly in the form of an extensive selection of local amenities. These amenities play a pivotal role in elevating the quality of life within this vibrant community. From easily accessible grocery stores, to conveniently located fitness facilities, a diverse range of dining establishments and a multitude of shopping options, Peru provides a comprehensive array of resources for its residents. This ensures the effortless fulfillment of your daily needs and creates ample opportunities for relaxation and recreation. The convenience of these local offerings greatly contributes to the overall appeal of the area, making it an enticing destination for those in search of convenience, diversity, and a gratifying lifestyle. If you're contemplating a move, the abundance of local amenities could very well be a defining characteristic of this area.

Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Peru, residents are fortunate to experience a cost of living that is 20.84% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Peru an attractive choice for those seeking financial prudence without compromising on quality of life.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Peru has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Peru. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Peru are affordable. Median real estate prices in Peru come in at $63,700, which is 49.6% lower than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Peru, the home price to income ratio is 1.6, which is 36% lower than the Indiana average.

Best Places to Live in and Around Peru

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How Do You Rate The Livability In Peru?

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Compare Peru, IN Livability

      vs

      Peru transportation information

      Statistic Peru Indiana National
      Average one way commute21min23min26min
      Workers who drive to work81.9%83.0%76.4%
      Workers who carpool10.0%8.9%9.3%
      Workers who take public transit0.4%1.1%5.1%
      Workers who bicycle0.9%0.5%0.6%
      Workers who walk2.4%2.1%2.8%
      Working from home2.4%3.5%4.6%
      Source: The Peru, IN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).