🇵🇪 Peru · #438 of 538 cities · 2026

Cost of Living in Lima

Very affordable — cheaper than 18.6% of cities worldwide

Ranked #438 of 538 cities · More expensive than 18.6% of cities worldwide

Very affordable
Cost of Living
Very affordable
Rent
Affordable
Groceries
Weak
Purchasing Power

Lower index = more affordable

Rent Prices

Rent Prices in Lima

Apartment City Centre Outside Centre You Save
1-Bedroom PEN 2,428/mo ≈ $713 PEN 1,307/mo ≈ $384 46%
3-Bedroom PEN 3,906/mo ≈ $1,148 PEN 2,120/mo ≈ $623 46%
Numbeo · 2026-03-18

Multi-Source Comparison

★★ Medium Confidence

Lima has a composite cost index of 20.7 from 3 independent data sources.

20.7
Composite
3
Sources
1.1
Spread

Source Values (NYC = 100)

Numbeo
24.5
Expatistan
20.7
LivingCost
No data
SIM
22.0
View all 127 cities | Data last updated: 2026-03-18

Cost Indices

Cost of Living
34.7 Very affordable
Rent
13.1 Very affordable
Groceries
39.0 Affordable
Restaurants
28.8 Very affordable
Purchasing Power
51.4 Weak

Living in Lima: What to Expect

Lima is very affordable by global standards (ranked #438 of 538 cities), cheaper than 18.6% of cities worldwide.

Groceries are affordable, while dining out is very affordable. Rent offers the best value, while Groceries is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

Similar Cities

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