RemoteScore

Cost of Living in Lima

Peru · All prices in USD

#219 cheapest of 366 cities · Updated March 2026

Expense Lima vs Global Avg
Rent (1BR, city centre) $740 +39%
Rent (1BR, outside centre) $430 +21%
Meal (inexpensive restaurant) $5 -58%
Meal (mid-range, 2 people) $14 -73%
Coffee (cappuccino) $3 -38%
Monthly transport pass $47 -33%
Utilities (monthly) $69 -54%
Internet (monthly) $28 -30%

Budget Monthly Cost

$777

Outside centre, cheap meals, public transport

Comfortable Monthly Cost

$1,111

City centre, mid-range dining, coworking

Living Costs Explained

Lima ranks #219 out of 366 cities for affordability. At $1,111/month for a comfortable lifestyle, it's 6% cheaper than the global average of $1,180. This makes Lima an attractive base for nomads looking to stretch their income further.

Accommodation Costs

Rent is typically 40-50% of a nomad's monthly budget in Lima. A 1-bedroom apartment in the city centre averages $740/month. Moving outside the centre saves approximately $310/month, bringing rent to $430. Look for monthly rentals on local platforms for better rates than booking.com or Airbnb.

Food and Dining

Eating out in Lima is extremely affordable — cheaper than cooking at home in many cases. A cheap restaurant meal costs $5, while a mid-range dinner for two runs about $14. Coffee culture is reasonably priced at $3 per cappuccino.

Transport and Utilities

Monthly public transport in Lima costs $47. The city scores 54/100 for walkability, so a transport pass is useful for daily commutes. Utilities (electricity, water, heating/cooling) average $69/month, and internet runs $28/month for a home connection.

Budget Breakdown by Lifestyle

Budget lifestyle ($777/mo): Rent outside centre, cook at home, cheap restaurants, public transport, work from cafes. Suitable for nomads focused on saving.

Comfortable lifestyle ($1,111/mo): City centre apartment, mix of home cooking and dining out, coworking membership ($161/mo), occasional activities and socialising. The sweet spot for most remote workers.

Cheaper Alternatives in South America

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Frequently Asked Questions

What is the cost of living in Lima for digital nomads?
A comfortable monthly budget in Lima is approximately $1,111, including city centre rent ($740), mid-range dining, transport ($47), and utilities ($69). This is 6% below the global average.
How much is rent in Lima?
A 1-bedroom apartment in Lima city centre costs around $740/month. Outside the centre, expect to pay $430/month — a saving of $310.
How much does food cost in Lima?
A cheap restaurant meal costs $5, a mid-range dinner for two around $14, and a cappuccino $3. Cooking at home can significantly reduce food costs.
Is Lima cheap or expensive for digital nomads?
Lima ranks #219 out of 366 cities by affordability. At $1,111/month, it's below the global average of $1,180, making it a reasonably priced destination.
What's the cheapest way to live in Lima?
Budget nomads can live in Lima for $777/month by renting outside the centre ($430), eating at cheap restaurants ($5/meal), using public transport ($47/month), and working from cafes instead of coworking spaces.

Cost estimates based on Numbeo and Expatistan median data for Lima, Peru. Prices in USD, updated March 2026. Actual costs vary by neighbourhood, lifestyle, and exchange rates. Back to Lima overview.