Cost of Living in Lima

Summary about cost of living in Lima, Peru:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 3.85 $ 2.57-6.94
Meal for 2 People, Mid-range Restaurant, Three-course 24.41 $ 15.42-54.72
McMeal at McDonalds (or Equivalent Combo Meal) 5.14 $ 4.50-5.91
Domestic Beer (1 pint draught) 2.06 $ 1.28-3.85
Imported Beer (12 oz small bottle) 3.85 $ 2.57-5.14
Cappuccino (regular) 2.60 $ 1.28-4.62
Coke/Pepsi (12 oz small bottle) 0.78 $ 0.51-1.54
Water (12 oz small bottle) 0.54 $ 0.39-1.28
Markets
Edit
Milk (regular), (1 gallon) 4.61 $ 3.70-5.64
Loaf of Fresh White Bread (1 lb) 1.70 $ 0.70-3.26
Rice (white), (1 lb) 0.50 $ 0.38-0.82
Eggs (regular) (12) 1.92 $ 1.25-3.08
Local Cheese (1 lb) 3.01 $ 1.75-5.71
Chicken Fillets (1 lb) 2.15 $ 0.99-3.09
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.61 $ 2.10-5.24
Apples (1 lb) 0.69 $ 0.35-0.93
Banana (1 lb) 0.45 $ 0.29-0.93
Oranges (1 lb) 0.43 $ 0.17-1.05
Tomato (1 lb) 0.44 $ 0.23-0.58
Potato (1 lb) 0.35 $ 0.14-0.58
Onion (1 lb) 0.40 $ 0.23-0.63
Lettuce (1 head) 0.73 $ 0.39-1.03
Water (1.5 liter bottle) 0.71 $ 0.39-1.28
Bottle of Wine (Mid-Range) 7.71 $ 6.17-20.56
Domestic Beer (0.5 liter bottle) 1.51 $ 1.03-2.57
Imported Beer (12 oz small bottle) 2.15 $ 1.28-3.85
Cigarettes 20 Pack (Marlboro) 5.14 $ 4.50-6.42
Transportation
Edit
One-way Ticket (Local Transport) 0.51 $ 0.39-0.90
Monthly Pass (Regular Price) 16.09 $ 13.36-38.54
Taxi Start (Normal Tariff) 2.57 $ 1.80-3.85
Taxi 1 mile (Normal Tariff) 2.48 $ 2.07-3.31
Taxi 1hour Waiting (Normal Tariff) 7.07 $ 4.62-10.28
Gasoline (1 gallon) 5.26 $ 4.41-6.35
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 19,107.71 $ 12,846.99-22,353.76
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 22,211.13 $ 20,622.50-24,409.28
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 74.77 $ 38.54-132.94
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.17 $ 0.03-0.21
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 28.17 $ 20.56-48.82
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 35.46 $ 17.99-77.08
Tennis Court Rent (1 Hour on Weekend) 12.85 $ 10.28-15.42
Cinema, International Release, 1 Seat 6.42 $ 3.85-7.71
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 205.43 $ 128.47-308.33
International Primary School, Yearly for 1 Child 5,450.29 $ 3,699.93-7,194.31
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 41.13 $ 22.87-58.84
1 Summer Dress in a Chain Store (Zara, H&M, ...) 26.92 $ 12.85-46.25
1 Pair of Nike Running Shoes (Mid-Range) 70.71 $ 51.39-102.78
1 Pair of Men Leather Business Shoes 67.56 $ 43.68-128.47
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 486.34 $ 385.41-719.43
Apartment (1 bedroom) Outside of Centre 325.73 $ 205.55-513.88
Apartment (3 bedrooms) in City Centre 909.84 $ 616.66-1,284.70
Apartment (3 bedrooms) Outside of Centre 636.94 $ 411.10-1,027.76
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 183.28 $ 119.35-286.44
Price per Square Feet to Buy Apartment Outside of Centre 131.81 $ 78.77-174.25
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 494.07 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.46 6.00-11.00

Prices in Lima

This city had 1088 entries in the past 12 months by 103 different contributors.
Last update: January 2023
Sources and References
Distribution of Expenses Using Our Statistical Model:
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21 Comments so far
True Peruvian on Jan 10, 2023:
Peru is not for people who complain about everything. It is a cheap country, with low or almost non-existent taxes in some cases. Peru is a developing country and still has many difficulties. While in North America and Europe you have to pay high taxes for everything and everything is expensive so it is logical that people living in those places do not want to live like beggars their last days so they look for cheap countries to live. There are some Nordic countries where there is almost no difference between rich and poor, they usually have high taxes to maintain an acceptable lifestyle to those who for lack of work should be poor. That reality does not exist in Peru, if you are rich good for you, if you are poor, bad luck. Don't expect the government to take care of you if you lose your job. Everyone lives with what they can. In short, if you have money you will live well, if you don't have money you will go hungry every day.
Peruvian American on Jan 05, 2023:
Is this a competence to say more liars? Peru is a country to visit for a week once in life and after that forget it. No services and total insecurity cannot be attractive to anyone. Retirement there. Are you stupid? Very good doctors in a terrible healthcare infrastructure where Medicare does not cover anything, and the national service is extremely poor is only comparable to shot yourself because there is no way to survive anything without paying a fortune and not even... Talking is easy, surviving there is almost impossible for someone that has services here. Peruvians that can (up to 10% of the population) are leaving the country to other places where Socialism is not in consideration. There are many more better alternatives to retirement... even in Europe.
True Peruvian on Nov 05, 2022:
To Anonymous Oct 03,2022 and for everyone.

Dear foreigner, I have not copied anything from anyone and I am not a promoter of anything, I simply provide real information for those who need it. The pandemic was a situation in which we were all affected by restrictions and it happened all over the world. The problem is that we had the bad luck to have Martín Vizcarra as president at that time, a corrupt man of the first level who, thanks to his restrictions, destroyed the economy, but that is another story. Last week the UK waived the visa requirement for Peruvians to enter the country and a few days ago the US increased the number of appointments for interviews for tourist visas, so we are not on a blacklist as you say. The truth is that Peru is not a garden and you should only come if you have the courage and character to take certain risks. Peru is not for fearful or weak people. Here it is like a jungle where you have to be prepared for any kind of unexpected dangerous situation.
Here is some statistical information that may be useful for foreigners.

Peru: Main Indicators of Citizen Security. January - June 2022. (The whole country)

1. REPORTS OF CRIMES

1.1 Complaints for the commission of crimes:
298725 complaints.

1.2 Reports of stolen vehicles:
11467 complaints.

1.3 Reported road traffic accidents
41428 complaints.

1.4 Reports of human trafficking
237 complaints.

1.5 Persons in custody
100527 complaints.

2. REPORTS OF MISDEMEANOURS

Complaints for misdemeanours
27568 complaints.

3. DISMANTLED GANGS

Dismantled gangs
2600 complaints.

4. FAMILY AND SEXUAL VIOLENCE

4.1 Reports of domestic violence
122463 complaints.

4.2 Reports of sexual violence
5093 complaints.

Peru: Reported crimes by department (states or provinces, not cities). January - May 2022.

8 departments with the most complaints.

Metropolitan Lima
57999 complaints.
Arequipa
20189 complaints.

Lambayeque
17437 complaints.

Piura
16748 complaints.

La Libertad
15939 complaints.

Junin
12550 complaints.

Callao
12143 complaints.

Cusco
11487 complaints.

8 departments with the fewest complaints.

Huancavelica
1574 complaints.

Pasco
1693 complaints.

Madre de Dios
2170 complaints.

Moquegua
2403 complaints.

Amazonas
3098 complaints.

Tumbes
3266 complaints.

Apurimac
3692 complaints.

Tacna
4131 complaints.

This information is from a Peruvian institution called INEI (Instituto Nacional de Estadística e Informática) https://m.inei.gob.pe/ where you can find all kinds of information about Peru. It is all in Spanish so it is important to learn it considering that almost nobody here speaks English, not because they can't learn it, but because they don't want to learn it, they hate it.
This information is based on this document where you will find more details.
https://m.inei.gob.pe/biblioteca-virtual/boletines/estadisticas-de-seguridad-ciudadana/1/#lista
PDF file dated 30/09/2022
Whoever comes to Peru already knows what they are facing, so don't say you weren't warned. It's not all bad, but I wonder what a European or an American is doing here. Of course, life is very cheap here.
True Peruvian on Sep 21, 2022:
Dear foreigners, I am going to give you some tips on how to survive in Peru. First of all, it is one thing to come to Peru as a tourist and quite another to live here. The cost of living in Peru is very cheap compared to European, Asian or English-speaking countries, and as a tourist you will be able to enjoy services and products at low prices by the standards of your country of origin. Regarding the "gringo tax", it is not that they have something against foreigners, it is that Peruvians assume that because they are foreigners they have more money and should pay more. This depends on where you go to eat or shop, you have to learn to haggle, look for videos on youtube on the subject in Spanish, it is normal to haggle when there is no price for something if you go to a popular market, but it is very different if you go to a restaurant or store where prices are visible and fixed. As for cabs, you also have to haggle and if the cab driver does not want to, there are many others, there is a lot of competition, but I recommend using cab apps that exist in some Peruvian cities to make the trip safer as foreigners are always prone to theft. In Peruvian cities there are different social strata, with a big difference between the "poor" lower class, the middle class and the "rich" upper class. Yes, there are rich people in Peru. A foreigner should not go to poor places, mainly for safety reasons and because there is not much to see there but misery and poverty, but if you are brave you should go with a trusted Peruvian to avoid any problems. Lima does not represent all of Peru, so if you have only been to Lima you don't know much about Peru. Peru is divided into three very different regions, coast, highlands and jungle, you have to know at least one city from each region to be able to say you know Peru. In each region there are cities with the three social classes: "poor", middle class and "rich", as I have already mentioned. Peruvian millionaires on the Forbes list live in Lima, but it is very likely that they have houses all over Peru. If you come to live or study here, I recommend that you learn Spanish and learn it very well, because most Peruvians and Latin Americans in general hate learning English. They say it is difficult, but obviously Spanish is more difficult to learn. If you work in IT or any remote job and want to live in Peru it will be very good for you, as your monthly income would triple here because of the exchange rate difference. As for taxes, it is not as strict as in Europe, and whenever there is a problem you can reduce the fine up to 75% and SUNAT (tax collectors) focus mainly on medium and large companies and give many more benefits to small businesses and taxpayers, but to avoid problems, hire a good accountant to pay less taxes and in a legal way, and before hiring him do not forget to also bargain. It is the main function of accountants in Peru so do not hesitate to ask how to pay less taxes legally. There is no jail for not paying taxes and even less for paying less taxes. If you do not pay your taxes and after long procedure, your assets could be seized, but these are extreme cases, that is why it is good to have an accountant. As for security, just avoid poor places. Don't use the phone in the street, look everywhere. Do not walk distracted. Always be alert. Avoid going out at night alone. The police are not that efficient, so your safety depends on yourself. As for traffic, it's a no man's land. Everybody does what they want. Always be alert because here no one will stop you if you cross a street so you have to run. Peru is a racist and classist country, it seems like a joke but it is true, the poor do not relate to the middle class and the rich have nothing to do with the poor or the middle class, the middle and upper class are the ones who reject any contact with the poor who are usually of Andean features and blacks who have connotations of criminal type. That is why there is a comment where a dark-skinned foreigner was discriminated against, it was because he surely went to a hotel that is usually visited by middle and upper class white people, not by Andean Peruvians or blacks. Unbelievable but true. Discrimination in Peru is a crime but several laws are not always enforced here, there is too much corruption. If you are looking for beautiful women, Peru is not the best place, beauty is scarce here, and if they are beautiful they are models who have many plastic surgeries or are daughters of European foreigners. If you are looking for the typical Latin American beauty you should look in nearby countries like Colombia, Brazil or Venezuela, but beware of finding a gold digger or scammer, there are many. With these tips you should be able to survive in Peru and live relatively well. The main advantages of living in Peru are the low taxes and low costs of products and services, as long as you work remotely for a country with a higher income. I would recommend considering other cities in Peru. Lima is the most expensive, there are other cheaper cities. Use google maps to choose the city that seems best for you and keep in mind that it will always be cheaper to live in any city other than Lima. As for tap water, it is drinkable in almost all cities in Peru and you can drink it but it is recommended to use a filter. This is the reality of Peru and if you don't like it, look for another country.
Anonymous on Dec 03, 2021:
It's doubtful anyone is renting anything in San Isidro or Miraflores now. Only foreigners can afford it many thousands of foreigners have left Peru and won't return. So when foreigners left peru lost their cash cows. Undrinkable,water throughout peru scammers abound plus women that look like the missing link from a pigmee tribe nothing attractive about that.
Rusdiyana Hiraoka on Jul 17, 2021:
The rent price doesn't reflect the real condition in San Isidro and Miraflores district which is considered to be doubled than presented
Anonymous on Dec 13, 2020:
I believe after the Peru government pulled their gustapo style of control upon foreigners the majority of foreigners won't be returning to Peru now or in the foreseeable future.Nobody wants to be held against their will especially when other governments were more than willing to transport their citizens back to their respective countries at no cost to the Peru government plus the Peru government was and still is interfering with that. People aren't stupid and what the Peru government pulled on foreigners around the world visiting Peru won't be forgotten.
Anonymous on Jun 29, 2020:
If you are going as a tourist, Peru it's perfect. But if you are planning to stay there as an immigrant you won't be able to do anything as the average salary is around 350$ or less. Which is quite bad and they will make you work more than 12h without extra payment. (i lived there)
Majd on Jan 15, 2020:
I'm thinking of starting a new business in Lima. I will run a Turkish chicken kebab shop. How much do i need roughly?
Darren on Oct 18, 2019:
It's one thing to comment on prices and what things cost, simple undeniable fact - if you're a foreinger or even speak Spanish with a non-local accent, you're going to get gouged with 'Gringo Tax'.

Lima is the one place where it is less likely to happen because there, the shops have visible price lists, out in the rest of the country, there will be places where there are no visible price tages, menus etc and they will decide what they can get away with charging - it is on the Vietnam scale of gouging people who don't know the score - it is one of the most irritating things about the place and you will never pay what a local pays until you have been there a very long time.
Anonymous on Oct 13, 2019:
Peru is great,for travlers...i have lived there for like 9 months (interupted).If only taxes where diffrend i would definly consider setting up camp there....do to the fact there not...I will setup camp in Ecuador....
Anynomous on Oct 06, 2019:
Peru in General is beautiful and mystical. I especially love the different tour sites, such as Paracas, Nazca, Arequippa, and Hauchachina. However, 90 percent of the people are always in a hurry and can be rude, and bias. Especially, if you have a darker complection, they can treat you more ruder than if you had a whiter complexion, which I easily wittnessed and experienced first hand all throughout Lima Peru. Even, after they heard me speaking fluent English, they would try to ask me if I was born their despite I told them I was an American several times. Also, when they saw me talking in English to all the Foreigners in the Hotel they would look at me with despise that even the people I was with would notice. What an embarrassment.
Anonymous on May 06, 2019:
Opportunities don't exist in Peru,poor electric infrastructure, contaminated water throughout Peru undrinkable,it's a shithole no doubt.I planned on vacationing in Lima several months ago but left two days later.Peru would collapse if expats left and many have so far.
Anonymous on Apr 28, 2019:
#David Schneider most peruvians prefer living in Lima because it is a centralized city, everything you need is located in Lima. There are more opportunities uf you wanna start a business or study a major. There are no those opportunities in other peruvian cities. I am a peruvian obviously, sorry for my grammar
Anonymous on Mar 30, 2019:
Here's a current update as to costs as of March 2019.One bedroom apartment city center$680usd one bedroom apartment outside city center $520usd three bedroom apartment in city center $1,450usd outside of city center $1,050usd .Salarys are currently $310usd per month in Lima and $260usd per month for the rest of Peru.
Anonymous on Mar 14, 2019:
I almost got suckered into the RENTISTA thing no tax on my foreign retirement pension.My lawyer looked into it for me.Best $100 USD I ever spent.No tax on pensions abroad for one year.But after the one year is up get ready to pay dearly in taxes on your pension at the rate of 33%.Peru doesn't have a double taxation treaty with the U S remember that.
Anonymous on Feb 19, 2019:
Okay Scott, Trujillo can be a night or daymare crime wise,agreed.Many foreigners like to be near the plaza for convince, understood.However at night all the creepy crawlers come out to scan what they can get.Chiclayo although disorganized and somewhat dirty is a working class city which is much safe,been there too.Iqiitos could easily be dangerous anytime of day.I've been all over Europe.In my travels Eastern Europe is much more laid back and interesting.Skip Sofia Bulgaria and check out Plovdiv instead.Traffic isn't bad very clean and alot to see.
Anonymous on Feb 19, 2019:
Okay Scott,glad you agree about Lima not being a representative of how Peru really is.Its true that Miraflores,San Ysidro,Barranco,Larcomar are very safe,agreed.However those areas are designed for American expats and other foreigners who indulge in extraciruiclar activities in general whether drug related or prostitutes different strokes obviously but not my thing.The last thing I really want to see when visiting Peru are foreigners grouped together.Visit Tingo Maria,Cumbes,and Chincha if you want to expand your horizons and see real Peruvian culture, just a thought,been there done that.
Scott on Feb 18, 2019:
I have been to Lima about 6 times in the last year, staying about 10 days each time. I like Lima. Excellent food. Many places to see. I would agree that Lima is NOT representative of Peru. I have been to Trujillo as well. Trujillo is becoming more dangerous and I would be very careful of traveling there if you do not know anyone who is Peruvian. Every time I go to Lima I do different things. There are many fascinating tours and there are ruins as well. As an American my dollar goes a long way here which is why I have no desire to visit Europe. Traffic is a challenge and not for the weak at heart. HAHA! Miraflores, San Ysidro, Barranco, Larcomar are all very safe and great places to visit. I would recommend anyone to come and visit.
Anonymous on Jan 24, 2019:
Lima never has been a true representative of Peru or the culture of true Peruvians.Lima caters to expats from around the world truth be known.Whomever has the most money to contribute to Lima are the Victors.Lima isn't any different than Sydney Australia nor any other large city around the world regardless of where it's located.The cost of living in Lima should be doubled according to whats been contributed here.Its not numbeos fault for false figures being contributed.Bottom line give correct figures as to cost of living.
Anonymous on Jan 13, 2019:
I'm a U S citizen and I've stayed in each location for three months,Lima, Trujillo,Piura,Chiclayo,Tacna,. Nuevo Chimbote,Arequipa,and Tarapoto.I agree with the majority of the posters about Lima and it's downsides,but any big city has that.Lima is trying to be at the forefront of Peru but it'll never happen.I agree with the poster from Lima that said Lima really doesn't represent the rest of Peru.Its very unfortunate that Arequipa is basically following the same trend as Lima overall.Everyone has likes and dislikes of areas, understood.Personally I like the genuine Peru, their culture and a zest for life.I've lived in the U S all of my life and to be honest culture doesn't exist here even though the U S has every ethnic group in the world.Many people think the U S is the land of opportunity and to many that's the case, different strokes obviously.There's nothing magical about the U S and it's over one million murders each year and rising steadily.I should know myself and nine other people were gunned down by two drive by shooters July 2015 at 2:00 pm on a Sunday,only two of us survived.I took three shots in the back and nearly died.I'm retiring this year in Peru and I'm looking forward to it.But after living in a city in the U S of six million people I'm switching gears to a more low key lifestyle.Lima has its good points the main thing is the native Peruvians that live there,a big highlight for me.