Cost of Living in Lima, Peru - Country Guide

Lima Cost of Living, Rent Prices, Salaries & Quality of Life (2026)

Peru Β· South America

$950

Monthly Cost

avg/person

34

Cost Index

NYC=100

30

Rent Index

NYC=100

58

Quality of Life

Moderate

35

Safety Index

Below Average

10.9M

Population

PEN

Quality Indices

Quality of Life
58
Purchasing Power
46
Safety
35
Healthcare
60
Climate
65
Traffic & Commute
28

Currency

PENPrices shown in USD

Data collected from contributors and public sources.

Updated: July 2026

Prices are indicative.

ItemPrice (USD)
Meal (inexpensive)$4
Meal for 2 (mid-range)$18
McMeal at McDonald's$5.5
Domestic Beer (0.5L)$2
Imported Beer (0.33L)$3.5
Cappuccino$2.5
Coke/Pepsi (0.33L)$1
Water (0.33L)$0.5
ItemPrice (USD)
Milk (1L)$1
Bread (500g)$0.8
Rice (1kg)$0.8
Eggs (12)$2.2
Chicken (1kg)$3
Beef (1kg)$6
Apples (1kg)$1.5
Banana (1kg)$0.5
Tomato (1kg)$0.8
Potato (1kg)$0.5
Onion (1kg)$0.5
Water (1.5L)$0.5
ItemPrice (USD)
1-way Ticket (local)$0.5
Monthly Pass$22
Taxi 1km$0.5
Gasoline (1L)$1.1
Volkswagen Golf$28000
Toyota Corolla$22000
ItemPrice (USD)
Basic (85mΒ² apt)$65
Mobile Plan$12
Internet (60 Mbps)$22
Fitness Club/month$30
ItemPrice (USD)
1BR Center$550/mo
1BR Outside$350/mo
3BR Center$1,200/mo
3BR Outside$700/mo
Price/mΒ² Center$2,200/mΒ²
Price/mΒ² Outside$1,300/mΒ²
ItemPrice (USD)
Average Net Salary$700
Mortgage Interest Rate9.5%

Cost of Living in Lima β€” Complete Guide (2026)

Monthly Budget Overview

The average cost of living in Lima, Peru is approximately $950 per month for a single person. This includes rent, groceries, local transport, and utilities. Compared to New York City (index 100), Lima has a cost index of 34, making it around 66% more affordable. Individuals and couples should budget higher depending on housing size and lifestyle choices, while students and solo remote workers often spend near the lower end of this range.

Rent and Housing Costs

Renting a one-bedroom apartment outside major population centers in Lima costs around $350/month, while a one-bedroom in a central area is approximately $550/month. A three-bedroom apartment in a central area averages $1,200/month. The rent index for Lima is 30 compared to New York City (NYC = 100).

Food, Groceries & Dining Out

Everyday grocery costs and restaurant prices in Lima play a major role in the overall monthly budget. Prices vary between local markets, mid-range restaurants, and imported goods, so residents who cook at home and shop at local markets typically spend noticeably less than those who eat out often. See the Restaurants and Markets & Groceries tables above for a full item-by-item price breakdown.

Transportation Costs

Public transport, taxis, fuel, and vehicle costs in Lima are detailed in the Transportation table above. A traffic and commute score of 28/100 indicates how easy day-to-day travel around the country generally is, which matters when comparing regions before relocating.

Quality of Life and Safety

Lima scores 58/100 on the quality of life index and 35/100 on safety. Healthcare is rated 60/100. The climate index is 65/100. These scores are based on factors including infrastructure, pollution levels, healthcare access, and crime rates reported by residents and contributors, and are updated regularly to reflect current conditions.

Salaries and Purchasing Power

The average net salary in Lima is approximately $700/month. With a purchasing power index of 46/100, residents can cover basic expenses and save modestly. The local currency is PEN, though all prices on this page are displayed in USD for easy international comparison.

Utilities & Monthly Bills

Electricity, water, heating/cooling, and internet costs are broken down in the Utilities & Services table above. Combined with rent, these fixed monthly costs form the core of any relocation budget for Lima.

Is Lima Good for Digital Nomads?

Remote workers evaluating Lima should weigh the 34 cost index against the 58/100 quality of life score and 35/100 safety rating. Combined with reliable internet infrastructure (see Utilities above), these numbers help determine whether Lima fits a remote-work budget and lifestyle.

Monthly Budget Breakdown in Lima

ExpenseEstimated Monthly Cost (USD)
Rent β€” 1BR Outside Center$350
Rent β€” 1BR City Center$550
Rent β€” 3BR City Center$1,200
Average Net Salary$700
Total Avg. Monthly Cost (single person, all-inclusive)$950

See the Restaurants, Markets & Groceries, Transportation, and Utilities tables above for a full itemized breakdown.

Cost of Living for Families in Lima

Families relocating to Lima typically need a larger home, higher grocery spend, and budget for schooling and healthcare. A 3-bedroom apartment in a central area runs around $1,200/month, and with a healthcare index of 60/100 and safety index of 35/100, Lima is worth researching neighborhood-by-neighborhood before committing to a family move. Total household budgets usually run well above the single-person average of $950/month once housing size, schooling, and childcare are factored in.

Student Living Costs in Lima

Students in Lima generally spend less than the citywide single-person average by sharing accommodation, using public transport, and cooking at home. With a cost index of 34 (NYC = 100) and a rent index of 30, budget-conscious students can often keep total monthly spend meaningfully below the $950 average, especially if renting outside the city center at roughly $350/month or splitting that cost with roommates.

Quick Summary

The average cost of living in Lima is $950 per month for a single person. Housing costs average $350for a one-bedroom apartment outside the city center. The country scores 58/100 for quality of life and 35/100 for safety. Compared with New York City, Lima has a cost index of 34, making itmore affordable.

Pros and Cons of Living in Lima

Pros

  • Affordable overall cost of living (index 34, NYC = 100)
  • Good healthcare access and quality (60/100)
  • Favorable climate year-round (65/100)

Cons

  • Safety score is below average (35/100) β€” research neighborhoods carefully
  • Purchasing power is limited relative to local prices (46/100)
  • Traffic and commute can be a challenge (28/100)

How does Lima compare to other countries?

Lima is located in South America with a population of approximately 10.9M. At a cost index of 34 (NYC = 100), it is one of the most affordable countries in the world, ideal for budget-conscious expats, remote workers, and retirees. Use the free comparison tool to see how Lima stacks up against any other city or country worldwide across rent, groceries, transport, and salaries.

Frequently Asked Questions About Lima

What is the cost of living in Lima?

The average cost of living in Lima, Peru is approximately $950 per month for a single person, including rent, food, transportation, and utilities. The cost index is 34 relative to New York City (NYC = 100).

How much does rent cost in Lima?

Rent in Lima varies by neighborhood and apartment size. The rent index is 30 (NYC=100). A 1-bedroom apartment outside the center averages around $350/month, while a 1-bedroom in the center runs closer to $550/month.

Is Lima expensive to live in?

Lima has a cost index of 34 compared to New York City (100). At 34, Lima is considered very affordable and one of the cheaper places globally. The average monthly budget for a single person is around $950.

What is the quality of life in Lima?

Lima has a quality of life index of 58/100 and a safety index of 35/100. Located in South America, it offers a moderate quality of life rating based on factors including safety, healthcare, climate, and infrastructure.

What is the average salary in Lima?

The average net salary in Lima is approximately $700/month, with a purchasing power index of 46/100.

Is Lima good for digital nomads and remote workers?

Lima has a cost index of 34 and a quality of life score of 58/100, making it worth evaluating against your specific budget and lifestyle needs. Check current rent, transport, and utility costs above before planning a move.

What is the best city to live in Lima?

Check the individual city pages for Lima to compare quality of life, safety, and cost data across locations.

How does the cost of living in Lima compare to other countries?

Use Worldlivingcost's free comparison tool to compare Lima with any city or country worldwide. Lima's cost index is 34 (NYC=100), making it cheaper than New York. Compare rent, groceries, transport, healthcare, and salaries side by side at https://worldlivingcost.com/compare