Cost of living and prices in Lima, prices of food, rent, shopping, etc. 🇵🇪
Updated Jul 2023
Lima, Peru is a vibrant city in South America with a high population of over 9 million people. The city spans latitude -12.04637 and longitude -77.04275, situated at an elevation of 152 meters above sea level. Lima operates on the America/Lima time zone (GMT: -5.0).
The cost of living in Lima, Peru is generally considered to be affordable, especially when compared to many Western countries. Accommodation and food are particularly reasonable, making it an attractive option for budget-conscious travelers or expats. However, it’s important to note that prices can vary greatly depending on the area of Lima you are considering living in, your lifestyle and activities, and other factors.
If you are looking for an exciting city with a rich cultural heritage and friendly locals, Lima is a great choice. Whether you are traveling for a few weeks or planning a longer stay, be sure to do your research beforehand and budget accordingly to make the most of your experience.
Cost of Living Estimate in Lima
You can calculate cost of living in Lima by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
Restaurants prices
If you're traveling to Lima, Peru, the food scene is a must-see attraction. From ceviche to anticuchos, Lima's restaurants offer a diverse range of traditional Peruvian cuisine. Seafood is a staple in Lima, with many restaurants specializing in fresh catches from the nearby Pacific Ocean. However, you can also find international cuisine options, such as Italian and Japanese, in popular neighborhoods like Miraflores and San Isidro.
For those who prefer a more casual dining experience, the city offers plenty of street food stalls and markets. Try churros filled with dulce de leche or picarones, a traditional Peruvian donut made with sweet potato and squash. Don't miss out on the opportunity to grab a bite at a local food market, where you can sample traditional dishes in a relaxed atmosphere. Whatever your taste buds desire, Lima has a dining experience for everyone.
Markets prices
Market prices in Lima, Peru can vary greatly depending on the season and availability of certain products. Fresh fruits and vegetables tend to be more affordable in local markets, while imported goods such as coffee and chocolate can be more expensive. Meat prices also vary depending on the cut and source of the animal.
It is important to shop around and compare prices before purchasing goods in Lima. Many markets and street vendors offer bargaining opportunities, so don't be afraid to negotiate a fair price. Additionally, some supermarkets may charge more for imported products, so it may be wise to stick to locally sourced goods for a more affordable option.
Transportation prices
Lima, Peru offers various transportation options that will enhance and facilitate your travel experience. One option that can save you time and money is buses. The city's bus system is vast, and buses run frequently throughout the day. Buses are an affordable option that can take you to most of the city's tourist attractions. You can choose between traditional public buses, express buses, and shuttle buses that travel between Lima's different neighborhoods.
If you're looking for a more luxurious way to travel, consider taking a taxi or ride-sharing service. Taxis are widely available in Lima, and a great option for those who prefer a private ride. If you're on a tight schedule, ride-sharing services like Uber are also available. These services are reliable, affordable, and offer different car types to choose from. Taxis and ride-sharing services are a great option if you're traveling in a group or want to avoid the stress of driving in Lima's busy traffic.
Utilities Per Month prices
If you're traveling to Lima, Peru, it's important to keep in mind the cost of utilities. One thing you may notice is that electricity costs in Lima are generally quite high. This is due, in part, to the fact that Peru generates much of its electricity from hydroelectric power, which can be expensive to produce. However, if you're staying in a hotel or hostel, you may find that the cost of electricity is included in your nightly rate, so be sure to check before you book.
Another utility to consider in Lima is water. Unfortunately, in some areas, the water supply may not be as reliable as it is in other cities around the world. This can mean that you may need to purchase bottled water for drinking and brushing your teeth. Additionally, showers and baths may be limited to conserve water, so it's important to be mindful of your usage while you're in Lima. Despite these challenges, there are many places that have clean and safe water, and many restaurants and other establishments have water filtration systems that ensure your drinking water is safe.
Sports And Leisure prices
Sports and leisure opportunities in Lima, Peru are abundant and diverse, making it an exciting destination for active travelers. Surfing is a popular pastime in Lima, with miles of beaches offering world-class waves for all levels of surfers. Additionally, paragliding over the stunning cliffs of Miraflores provides a unique way to see the city from above. For those who prefer land activities, Lima has several parks and recreation areas, including the expansive Parque de la Reserva, which features a dazzling water and light show every evening.
For those who prefer more leisurely activities, Lima's rich cultural heritage provides endless exploration opportunities. Visitors can tour the impressive museums and vibrant markets in the city's historic center, take salsa dance classes in the trendy Barranco district, or simply enjoy a delicious ceviche in one of Lima's many acclaimed restaurants. With so much to offer, Lima is the perfect destination for travelers seeking a blend of adventure and relaxation.
Salaries And Financing prices
When it comes to salaries in Lima, Peru, they can be quite varied depending on the industry or job position. On average, a professional with a university degree can expect to earn a higher salary than those without one. The tourism industry is a major player in Lima's economy, so people working in hospitality or tour guiding may find that their salaries are competitive. Additionally, jobs in the finance or tech industries tend to pay well. It's important to keep in mind that the cost of living in Lima can be high, so it's always a good idea to budget accordingly.
If you're looking to finance your travels in Lima, there are a few options available. Many travelers opt to use credit cards, which are widely accepted in major establishments around the city. However, it's important to note that some smaller businesses may only accept cash. ATMs are readily available throughout Lima, and most major banks have branches in the city. If you're planning to stay in Lima for an extended period of time and need to exchange money, be sure to shop around for favorable rates before making any transactions. Additionally, there are plenty of money transfer services available in Lima for those who need to send money to and from other countries.
Childcare prices
Childcare prices in Lima, Peru can vary greatly depending on the type of facility and services offered. Many families opt for public schools as they are more affordable compared to private schools and kindergartens. However, public schools may not offer the same level of quality care and education that private institutions do.
Private schools and kindergartens tend to be more expensive but offer additional benefits such as smaller class sizes, individualized attention, and a more rigorous curriculum. These institutions may also include additional services like nutrition programs, extracurricular activities, and transportation. Families who can afford private institutions may find that they are worth the investment for their child’s education and development.
Clothing And Shoes prices
When it comes to clothing and shoes, Lima is a great place to find affordable and stylish options. Shopping malls such as Larcomar, Jockey Plaza, and Plaza Norte offer a wide variety of brands and styles, from local designers to international brands. There are also many street markets, such as Gamarra and Polvos Azules, where you can find clothes and shoes at very reasonable prices. Whether you're looking for formal wear or casual wear, you're sure to find something that suits your taste and budget in Lima.
If you're looking for something unique and authentic, Lima has a thriving fashion scene that incorporates traditional Peruvian textiles and designs into modern fashion. Many local designers have their own stores in various neighborhoods throughout the city, such as Barranco and Miraflores. These stores offer one-of-a-kind pieces that you won't find anywhere else. Additionally, there are plenty of stores that sell handmade shoes, made with the finest leather and materials. These shoes are not only stylish but also comfortable and durable, making them a great investment for your wardrobe.
Rent Per Month prices
Short term rental options are plentiful in Lima, Peru. From apartments to condos to houses, there is something for everyone. These rentals offer flexibility and convenience for travelers who are looking to stay for a few days or weeks. You can find a furnished rental for a comfortable and relaxing stay. So if you are planning to spend quality time in the vibrant capital city of Peru and don't want to book a hotel room for a long stay, renting a short stay is a great option for you.
Prices for short term stay in Lima varies from rental to rental, depending on the location, amenities and size. However, one thing is for sure, you will find short term rental options at a wide variety of prices, making it easy to find a place that fits virtually any budget. Whether you're on a shoestring budget or looking to live it up in style, you can find a short term rental in Lima that is suitable for you. With so many options available, you'll be able to find a perfect place that is affordable and comfortable for you and your group.
Buy Apartment prices
If you're considering buying real estate in Lima, Peru, you have several options to choose from. Apartments are a popular choice for many buyers, and you can find units in both modern high-rise buildings and historic colonial mansions. Single-family homes are also available, with options ranging from traditional Peruvian-style homes to modern luxury properties. Additionally, many people choose to invest in land or commercial properties, which can be rented out or used for business operations.
When it comes to prices, the cost of real estate in Lima varies depending on the location, size, and type of property you're looking for. Prices for apartments in central locations can be significantly higher than those in the suburbs, for example, while luxury homes and commercial properties tend to carry higher price tags. That being said, Lima is generally considered to be a relatively affordable market compared to other major cities in South America, giving buyers plenty of options for finding a property that fits their budget and lifestyle.