In this paper, we present a comparative experimental and theoretical study on gamma radiation sensitivity of Long Period Gratings (LPGs), fabricated by electric arc discharge technique, as monitored in three single mode optical fibers supplied by different manufacturers. A real-time measurement of LPGs’ wavelength shift was performed until a total dose of 35 kGy was reached, with average dose rate of 0.18 kGy/h, the irradiation being done at room temperature. In one case, a maximum radiation sensitivity of 1.34 nm/kGy was recorded for doses up to 0.5 kGy. Moreover, by combining experimental results with numerical simulations, it was found that changes occurred in the core refractive index of the irradiated optical fibers up to 2.5 ∙ 10−5. The increase of the core thermo-optic coefficient up to 1.5 ∙ 10−8/°C was observed as well.