- Housing costs are going up and that bubble's going to burst soon.
- Transport fares are on the rise as well.
- Food is getting more expensive.
- Seems like the only thing that's not going up is salaries.
Historically, the sol has had lots of issues. After all, this is the nuevo sol, the old sol is worthless. You had to bring bucketfuls of sols just to buy milk in the 90s. However, times have changed. If people in Peru want the sol to remain strong, they need to start saving in their own currency. The dollar may be the official currency of Ecuador, but it's not in Peru.
One tip to remember is that speaking Spanish will help you greatly. You'll be treated differently than if you speak English all the time, it'll help you assimilate to Peru, and it'll get you cheaper prices. If you're looking to learn Spanish, check out Fluenz Spanish, Rosetta Stone, and Synergy Spanish.
The Ultimate Peru List recommends: