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Cost of Living in Lima, Peru

By Joshua Wood, LPC

Last updated on Feb 18, 2023

Summary: The cost of living in Lima, Peru is generally considered to be quite affordable. A nice 1 bedroom apartment in Lima can cost anywhere from $400 to $800 per month in US Dollars, while a nice 2 bedroom apartment can cost from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Lima is usually around $15 to $20 per person in US Dollars.

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Is the cost of living in Lima high?

We asked people how much they someone comfortably live on in Lima, they wrote:

"The cost of living in Lima is generally considered to be quite affordable. Basic necessities such as food, transportation, and housing are all relatively inexpensive compared to other cities in the region. Additionally, the cost of entertainment and leisure activities is also quite reasonable. Overall, Lima is a great place to live for those looking for a low cost of living," explained one expat living in Lima.

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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