College Costs in Peru, IN 2026
Compare tuition, housing, and financial aid across 1 colleges in Peru, Indiana. Use our free calculator to estimate your total cost.
Avg Public Tuition
$10,200
per year
Avg Private Tuition
$34,000
per year
Avg Rent Near Campus
$540
per month
Colleges & Universities
1
institutions
Peru Overview
Population
11,324
Student Population
2,198 (19.4%)
Cost of Living Index
81.7 (avg: 100)
Walk Score
40/100
Transit Score
23/100
Unemployment Rate
3.6%
College Cost Calculator for Peru
Cost Inputs
Total Cost (4 Years, Public In-State)
$95,196
Total After Financial Aid
$95,196
Annual Cost
$23,799
Annual After Aid
$23,799
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $95,196 |
| Monthly Payment | $1,081 |
| Total Interest | $34,516 |
| Total Loan Cost | $129,712 |
Universities in Peru
| University | Type | Annual Tuition |
|---|---|---|
| Peru State University | Public | $10,956 |
| Peru Community College | Community | $4,815 |
Peru has 1 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Peru vs. National Average
| Category | Peru | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $10,200 | $10,940 | -$740 |
| Monthly Rent Near Campus | $540 | $1,050 | -$510 |
| Cost of Living Index | 81.7 | 100 | -18.299999999999997 |
Peru's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Peru
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
2,198 students
Peru has a total population of 11,324, with approximately 2,198 college students (19.4% of the population). As a major college town, Peru offers a vibrant campus atmosphere with student-friendly businesses, affordable dining options, and active social scene.
Post-Graduation Outlook in Peru
$34,628
Starting Salary
3.6%
Unemployment Rate
73%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Peru earn a median starting salary of $34,628, which is -$372 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $95,196 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $10,086 per student per year, the net cost and payback period can be significantly reduced.
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