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I live in Perú, and I have 400Mbps internet FTTH with no data cap, and the price is 37 USD [1], the competition of the internet providers is incredibly good for the consumers.

The lowest plan that mi ISP offers is 100Mbps and is at 21 USD.

[1] https://www.movistar.com.pe/hogar/internet/solo-internet (Link in Spanish)

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According to wikipedia the average monthly salary in Peru is $502 US. $37 per month doesn't seem that cheap to me.

As another point of comparison, a new ISP in my area of London is offering symmetric gigabit fiber for £25/month or around $30/month (USD).

Your country requires ISPs to share and rent lines. That does a great deal for competition and lowering prices

$30/month USD compared to the average salary in London is pretty good. We unfortunately don't have much competition among ISP's here in the US.

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