Will I save money living in Lima?

"Living in Lima can be significantly cheaper than living in the United States. The cost of living in Peru is much lower than in the US, with basic necessities such as food, transportation, and housing costing significantly less. Additionally, the exchange rate between the US dollar and the Peruvian sol is very favorable, meaning that US dollars can go much further in Peru. As a result, many people find that they can save a considerable amount of money by living in Lima, Peru," wrote a member who made the move to Lima, Peru.

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Traveling Mailbox

Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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"Exceeded them by a mile! Like most of Latin America when the Financial crisis started in the USA and Europe, prices of land tripled. Inflation has been low and and prices of most things are about a third of NYC. Lunch for 2 in a nice Cafe was $12 eight years ago and now is about $20.00 Our currency has appreciated from 3.6-1 to 2.7-1 over the same time frame," explained one expat living in Lima, Peru.