Cost of Living in Lima, Peru

Lima, the sprawling coastal capital of Peru, is a city of striking contrasts where colonial history meets a modern, world-class culinary scene. Known as the Gastronomic Capital of the World, Lima offers a high quality of life for those living in upscale districts like Miraflores, San Isidro, and Barranco. While the cost of living has risen in recent years, it remains significantly more affordable than major hubs in North America or Europe. Expats and digital nomads are drawn to its stunning ocean views, vibrant culture, and relatively low overhead for high-end dining and services.

Rent & Housing Prices in Lima

1bed centerS/ 2,400 ($640)
3bed outsideS/ 2,800 ($745)
price per sqm centerS/ 7,200 ($1,920)
3bed centerS/ 4,600 ($1,225)
1bed outsideS/ 1,450 ($385)

Food & Dining Costs

Meal, Inexpensive RestaurantS/ 20.00 ($5.33)
Three-course Meal, Mid-range RestaurantS/ 140.00 ($37.33)
McMeal at McDonaldsS/ 25.00 ($6.67)
Domestic Beer (0.5L draft)S/ 10.00 ($2.67)
Cappuccino (Regular)S/ 11.50 ($3.07)
Milk (1 liter)S/ 5.20 ($1.39)
Loaf of Fresh White BreadS/ 6.50 ($1.73)

Transportation & Commuting

volkswagen golf newS/ 85,000 ($22,660)
gasoline 1LS/ 5.80 ($1.55)
one way ticketS/ 3.20 ($0.85)
monthly passS/ 120.00 ($32.00)
taxi startS/ 8.00 ($2.13)

Salaries & Financing

mortgage rate10.5%
avg salaryS/ 2,150 ($573)

Quality of Life in Lima

Lima offers a vibrant lifestyle with world-class healthcare available in private clinics and an unparalleled dining scene. Safety varies significantly by district; Miraflores and San Isidro are generally safe and well-patrolled, while other areas require more caution. Traffic congestion and air pollution are notable challenges during peak hours. However, the coastal breeze (the 'Garúa' mist) and the abundance of parks in modern districts provide a pleasant urban environment.

3 Days in Lima: A Budget Itinerary

Day 1

Explore the UNESCO-listed Historic Center. Visit the Plaza de Armas, the Catacombs of San Francisco, and enjoy a 'Menu del Día' (set lunch) for under S/ 15.

Day 2

Walk the Malecón in Miraflores for Pacific views. Visit the Huaca Pucllana ruins, then head to Kennedy Park (the cat park) for local street snacks like Picarones.

Day 3

Discover the bohemian vibes of Barranco. Walk across the Bridge of Sighs, visit the MATE Museum, and enjoy craft beer at a local brewery overlooking the ocean.

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