Cost of Living in Lima, Peru

How expensive is it to live in Lima?

62% Cheaper

than New York City (Index: 38)

$1,400
Single Person / Month
$3,200
Family of 4 / Month

Cost Index Breakdown

Compared to New York City (100 = NYC baseline)

38
Overall
35
Rent
40
Groceries
35
Restaurants
75
Transport
70
Utilities

Sample Prices in Lima

ItemPrice (USD)
1BR Apartment (City Center)$600/mo
1BR Apartment (Outside Center)$400/mo
Meal at Inexpensive Restaurant$5
Cappuccino$2.8
Monthly Transit Pass$30

Last updated: Jan 2026

Related Tools

USD to PEN
Exchange rate
Time in Lima
Current local time

AEO Answers

Lima Cost of Living Answers

Direct answers for monthly budget, cost index, and how Lima compares with a New York City baseline.

finance

How expensive is Lima, Peru?

Lima has a cost of living index of 38 against a New York City baseline of 100. Based on this model, it is 62% cheaper than New York, with an estimated single-person monthly budget around $1,400.

Verified 2026-01-01Page source
finance

What monthly budget should one person expect in Lima?

A rough single-person monthly budget for Lima is about $1,400 in this model. Actual spending can vary significantly based on rent, neighborhood, exchange rates, lifestyle, and household size.

Verified 2026-01-01Page source

Other Cities in South America

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💡 Cost of living data is estimated based on public sources. Actual costs may vary based on lifestyle and exchange rates.

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